The largest bank in Russia, Sber Bank has decided it will be stepping into the blockchain industry. However, it does not want to venture into the blockchain industry on its own. Instead, Sber Bank wants to do it in support of two major entities from the cryptocurrency industry. Sber Bank Partners with Ethereum and Metamask…
The core programmers behind the development of Ethereum’s Shanghai hard fork have provided an update on its implementation. It was during the 151st Core Developers Meeting for Ethereum on December 8 that the developers talked about the implementation of the hard fork. Deadline for the Ethereum Hard Fork As per the developers, they have a…
Binance US has made a major announcement that is extremely promising for the Ethereum community and the Ethereum blockchain. The officials at Binance US have announced that they have removed trading fees for Ether (ETH) transactions. With immediate effect, the ETH transactions would incur no trading fees. Binance US’ Zero Fee Price Model Continues The…
Leading ETH whales accumulate in a way that might see the alt’s price correcting. The presumption remained valid as the DAA divergence shows Ethereum was far from undervalued conditions. The latest market turbulence saw cryptocurrency prices recording downturns, and Ethereum wasn’t an exemption. Nevertheless, market participants that could have anticipated some relief might have endured…
Coinbase has a long way to go before it becomes the number one staking provider. When reporting its quarterly earnings in August, the firm revealed to shareholders its plans to prioritize the development of its staking products, which align with its long-term goal of becoming the top provider. When Coinbase user stakes their crypto, they…
Deribit is a crypto exchange based in the Netherlands. On November 1, the trading platform tweeted about losing $28 million following a hack. However, the company confirmed that the attack didn’t affect its customer assets. Moreover, it has suspended withdrawals until safety guarantees a re-open. Deribit stated that the hack remained isolated to Bitcoin, USDC,…
The leading alt, Ethereum, slowly surrenders the $1,300 mark again. The token remains at massive downside risks if it fails to move above $1,400 for longer. However, can the ‘billionaire’ whales rescue the crypto from its continued red? Amass! Ethereum hovered around $1,300 during this publication, according to Coinmarketcap data. That came after the alternative…
The ETH Merge was the most awaited event in the crypto market as of September 15. Nevertheless, we could agree that the upgrade didn’t welcome positive sentiments for the leading alternative token. Data from crypto social analytic site LunarCrush showed that the hype that the Merge had before the implementation has Ethereum’s social activity rallying….
Optimism (OP), a layer2 scaling solution, is the latest to onboard OpenSea’s multiple blockchain integration. The NFT marketplace revealed about working with the OP team and other projects on its marketplace for a while. Optimism is the 6th blockchain to join the marketplace, following its latest Arbitrum support. Surprisingly, it could appear that the addition…
Binance plans to auto-convert contending stablecoins USDC, TUSD, USDP, and incoming stablecoin deposits into BUSD. Also, the exchange will remove USDC pairs from September 26. The leading exchange stated that the auto-conversion functionality is for capital efficiency and liquidity. The world’s leading crypto exchange by volume, Binance, revealed plans to auto-convert user USDC and other…
Bakkt Holdings and Sullivan Bank have collaborated to provide crypto services to bank users. Accordingly, clients would be allowed to sell, buy, and hold BTC and ETH at the bank. Sullivan Users To Enjoy Seamless Experience Meanwhile, Sullivan Bank, which was formed in 1895, is among the oldest banks in the US. As stated by…
The upcoming merge upgrade transition on the Ethereum blockchain network seems to be gathering the attention of the cryptocurrency markets. The proof-of-work to proof-of-stake consensus protocol transition is slated to happen in September. However, the process for the transition would kick off in August, possibly from 11th to 16th, when the Goerli merge will take…
