[ad_1] Top Stories This Week Ethereum’s Shapella hard fork executed on mainnet The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a total of 12,859 Ether were unlocked in 4,333 withdrawals, according to Ethereum block explorer
[ad_1] A new draft bill providing a framework for stablecoins in the United States was published on the House of Representatives' document repository, a few days before a hearing on the topic on April 19. The draft puts the Federal Reserve in charge of non-bank stablecoin issuers, such as crypto firms Tether and Circle, respectively issuers of Tether (USDT) and USD Coin (USDC). Stablecoins are a class of cryptocurrencies that attempt
[ad_1] The Play-to-Earn (P2E) business model may not be dead, but game publishers and developers are exploring alternatives to replace it, according to a panel at the NFT.NYC 2023. Cointelegraph team was on the ground in New York to bring exclusive insights from the NFT event. According to the CEO of gaming platform OP Games, Chase Freo, companies that branded themselves as P2E are shifting their strategy amid the crypto prices
[ad_1] A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum Foundation transferred funds without community approval in March. The AIP-1.05 was defeated by 118 million votes, representing 84% of the total votes received, while 21 million ARB tokens voted for the proposal, nearly 14.5%
[ad_1] Despite the unprecedented regulatory pressure that crypto has been facing recently in the United States, the fight between the American government and the crypto industry has just started, believes ShapeShift CEO Erik Voorhees. According to the entrepreneur, U.S. authorities still don’t see crypto as an existential threat to the fiat system, and their recent crackdown is just an opportunistic reaction to last year's blowups of fraudulent crypto companies. “They see it
[ad_1] Bitcoin (BTC) consolidated into the weekend as market participants stayed optimistic about further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Most still sitting on the sidelines" with BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,500 on April 15.The pair had finished the Wall Street trading week on a less volatile note along with fairly flat United States equities.With the ten-month highs of $31,035 remaining in force,
[ad_1] AdvertismentMahe, Seychelles, April 15th, 2023, Chainwire The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season. A new powerhouse DeFi project, DigiToads, has confirmed it will list on BitMart exchange soon. The DigiToads presale has
[ad_1] Bitcoin (BTC) price rallied over 10% between April 9 and April 14, marking the highest daily close in more than ten months. While some analysts may argue the move justifies a degree of decoupling from traditional markets, both the S&P 500 and gold are near their highest levels in over six months.Bitcoin price breaks $30,000 despite macro headwinds Bitcoin’s gains and rally above $30,000 also happened while the dollar strength
[ad_1] Cloud computing — or “the cloud” — is an application-based software that distributes computing services throughout the internet, utilizing third-party servers, storage, databases, networking, software, analytics and intelligence to store and process data. Before cloud computing, businesses had to buy and maintain their own servers containing enough space to prevent downtime and outages and manage peak traffic volume. Still, a lot of server space often went unused, wasting money
[ad_1] South Korean prosecutors confirmed that Terraform Labs CEO Do Kwon sent 9 billion won ($7 billion) to Kim & Chang — a top South Korean law firm — right before the spectacular collapse of the Terra ecosystem. Kwon’s decision to send millions to the law firm was flagged by prosecutors as a deliberate move, which allegedly reaffirmed his awareness of the impending collapse and anticipated expected legal problems, as reported by
