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Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals

As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a Jan. 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden. The new testnet appears to have been created in order to test the conditions needed

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Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions – Economics Bitcoin News

2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on

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Binance’s Cloud Mining affected by extreme weather conditions in North America

The severe winter storm in North America shut down Binance's cloud mining products between Dec. 24-26, according to an official announcement on Dec. 28. As a result of the power outage, the company announced that users' subscriptions to cloud mining products were extended for three days.Binance has noted that further

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SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept

After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse against prisoners and “harsh” conditions.Authorities in the Bahamas reportedly remanded Bankman-Fried to the medical wing of

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Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Citing Challenging Industry Conditions

Lemon had planned to deploy almost the entire amount on its expansion in Brazil. Given the current context, its move into the South American country will be “more strategic and niche,” Cavazzoli said. The exchange put plans to expand into Chile, Colombia, Ecuador, Peru and Uruguay by the end of

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Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

"You may understandably ask what has changed in the past twelve months," TrueLayer CEO Francesco Simoneschi said in the blog post. "We are now operating in a very different context and more challenging market conditions. TrueLayer, while being in a position of strength, is not immune to these broader factors." Source

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Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions

Ether followed a similar pattern, rising over $2,000 late Sunday before falling below $1,900. The second largest crypto by market cap was recently down roughly 2.5% from the previous day, although well above levels earlier this summer amid amid growing investor enthusiasm for The Merge, which will change the Ethereum

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