Search Results for "pos"
First Shadow Fork Launches on Ethereum Mainnet,Transition to PoS Gains Steam
The move from proof-of-work (PoW) to proof-of-stake (PoS) known as the merge attained a landmark achievement after the first shadow fork went live on the Ethereum (ETH) mainnet.
Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021
Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.
FDIC Says Deposits and Cryptos at Non-Bank Entities Are Uninsured
The FDIC said that the public should be aware that deposit insurance does not cover non-bank entities and non-deposit products, including speculative acts such as stocks and cryptocurrencies.
CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal
According to Blockchain.News, CoinFund has successfully raised $158 million for its Seed IV Fund, exceeding its initial target of $125 million. This achievement underscores the firm's commitment to fostering innovation in the web3 ecosystem.
CyberConnect Rejects Proposal CP-1 After CYBER Coin Dropped Over 40%
CyberConnect rejected its CP-1 snapshot proposal, aiming to improve CYBER token liquidity across networks, causing a 40% drop in value, raising concerns about potential investor withdrawal.
Arbitrum Community Seeks Return of 700 Million ARB Tokens
The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.
Legislation Introduced to Remove SEC Chair Gensler from His Role
United States Representative Warren Davidson has announced plans to introduce legislation that would remove SEC Chair Gary Gensler from his role and replace it with an Executive Director that reports to the Board. The move follows the SEC's proposed rule amendments that could bring certain brokers under additional regulatory scrutiny and redefine an "exchange." While Gensler has said the proposed changes could benefit investors and markets, SEC Commissioner Hester Peirce has criticized the move, accusing the regulator of stifling new technology and entrepreneurship. The SEC has faced criticism for using enforcement actions to develop the law on a case-by-case basis, rather than creating clear regulations.
MIT Sees Ethereum’s PoS as Game Changing Tech
The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology.
Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant
French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.
Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty
With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.
FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances
The recent updates to the FTX Customer Claims Portal aim to provide more clarity on derivative positions for customers. While these changes may affect the displayed USD balance, they do not impact the overall value of the claims. The valuation of derivative positions is based on FTX exchange pricing as of specific dates and times, with the final USD valuation to be determined later.
Chainalysis Acquires Transpose to Bolster Blockchain Data Infrastructure and Accelerate Towards an On-Chain Future
Chainalysis, the leading blockchain data and analytics provider, announced the acquisition of Transpose, a prominent blockchain data and infrastructure firm.