Month: July 2022

Summary: Ethereum developers have successfully implemented the Merge of the Beacon chain to the Sepolia Testnet. Goerli testnet is scheduled next then the Merge will finally happen on the Ethereum mainnet. Ethereum’s Merge marking the transition to the proof-of-stake algorithm has been successfully activated on the Sepoila testnet. Sepolia’s proof-of-work network merged with the proof-of-stake
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In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The post-mortem consensus on the crypto market crash among industry leaders ranging from Polygon co-founder Mihailo Bjelic to billionaire
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Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has spent the
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Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered
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The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three Arrows Capital. In the light of present market circumstances, Circle has sought to reaffirm its commitment to openness and user security
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Bear markets in cryptocurrency are known to be painful, but the month of June was especially trying for the crypto faithful as a confluence of factors resulted in the price of Bitcoin (BTC) falling 37.9%, its worst monthly performance since 2011. Bitcoin monthly performance. Source: Glassnode. As a result of the continued widespread weakness, a
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