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Image: https://unsplash.com/photos/jpsocjU9R7s Ethereum could finalize its transition to proof of stake, aka 'the merge', as soon as August this year if everything goes according to plan. At the recently held Permissionless conference, the cryptocurrency's core developer Preston Van Loon told the audience there was plenty of momentum behind solidifying the move
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New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report claims that blockchain has the potential to help the industry achieve its climate action goals. The report, titled "Managing Climate Change
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Over the past week, long-term holders of Bitcoin increased their spending to a level that suggests de-risking from the market, but hodling remains the predominant investing strategy.Uncertain macroeconomic headwinds are likely to have precipitated the increase in the sell-offs last week by long-term holders and shaken some short-term holders out
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Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset. While the Fed is planning to raise interest rates to fight inflation, risk-on assets like crypto may suffer, as people would likely prefer to invest
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This episode is sponsored by Quantstamp, Nexo.io and KuCoin.This week and next we’re taking a year-end holiday from new episodes of “Money Reimagined.” Instead, we’re serving up a couple of our favorites from this year.This week’s pick was Sheila Warren’s: the Haiti episode from May 21.That’s when Sheila and co-host
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On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network’s cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash
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Zcash (ZEC) surged by nearly 20% in the past 24 hours, helped by the euphoria surrounding its core protocol's decisive transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS).The ZEC price logged an intraday high at $188.80 on Binance after rising two days in a row by more than 27%. The cryptocurrency's
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Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun
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The automobile giant is also working to establish eight giga-factories that will manufacture the cells for its electric car batteries. Besides, Mercedes also plans to set up a network of Plug & Charge Stations.Automobile giants are making all efforts towards their shift to electric vehicles. On Thursday, July 22, Mercedes
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Ethereum’s developers appear to be hastening the network’s shift toward Proof-of-Stake consensus and away from the Proof-of-Work mining community.On March 11, developer “Mikhail Kalinin” published specifications for Eth2’s future blockchain merge with the existing Ethereum network. The documentation notes the consensus upgrade from PoS to PoW will be the core
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