merge
JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys
JP Morgan Chase & Co has been reportedly in talks with blockchain startup ConsenSys, to merge the former’s blockchain unit, Quorum with the startup.
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.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.
BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements
BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.
Developers Harness Technology to Tackle Global Emergencies
Communities of developers are leveraging technology to address global emergencies, from wildfires to refugee support.
Binance to Support Token Merge for Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX)
Binance announces support for Fetch.ai, Ocean Protocol, and SingularityNET token merge into ASI.
Arkham CEO Miguel Morel to Speak at Merge Madrid on Crypto Markets
Arkham CEO Miguel Morel is set to speak at Merge Madrid, discussing crypto markets and the future of on-chain intelligence.
Bitfarms to Acquire Stronghold Digital Mining in $125 Million Deal
Bitfarms will acquire Stronghold Digital Mining in a stock-for-stock merger valued at $125 million, expanding its energy portfolio significantly.
Assessing Ethereum's Post-Merge Performance Amid Rising Competition
Two years post-Merge, Ethereum's transition to Proof of Stake faces challenges from Layer 2 solutions and faster blockchains like Solana and Avalanche.
Ethereum Post-Merge: Successes and Challenges Explored
Two years after Ethereum's Merge, the network faces scalability and fee challenges despite environmental benefits.
Binance Pool Introduces Merged Mining for LTC with Rewards in LTC, DOGE, and BEL
Binance Pool launches Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
JP Morgan Executive Warns of Banking Collapse
Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.
Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny
The European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.
Google Merges Teams to Form Google Deepmind for AI Breakthroughs
Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.
The Merge is Complete: Ethereum
The upgrade - known as the Merge - has shifted Ethereum into a more environmentally sustainable framework by reducing Ethereum’s energy consumption.
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
Core Scientific Going Public in $4.3 Billion SPAC Merger
Core Scientific becomes the latest crypto-mining to go public via SPAC.
Zksync 2.0 Goes Live, Promises Lower Gas Fees, Faster Transactions on Ethereum Mainnet
ZkSync 2.0 is a Layer 2 solution working to scale Ethereum.
South Korea Invests in Metaverse Fund for Economic Growth
The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support the mergers and acquisitions of various firms in the metaverse ecosystem and help domestic metaverse-related companies compete with global players, as the government sees the metaverse as a new economic growth engine.
US authorities consider expanding credit line for banks
US authorities are considering expanding an emergency credit line for banks to provide First Republic Bank with a time buffer to address balance sheet concerns, according to Bloomberg sources. The bank is deemed stable enough to operate without immediate intervention.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
Ethereum Worth Nearly $195M Staked in ETH 2.0 Deposit Contract Over the Past Week
More investments continue trickling into Ethereum 2.0 deposit contract based on the historic highs noted.
HIVE Blockchain Exploring GPU Mineable Coins Ahead of Ethereum Merge
For the upcoming Ethereum merge, HIVE said it has already started exploring mining other GPU mineable coins with its fleet of GPUs. The miner said it is implementing beta-testing this week, before the merge.
Launch of Ethereum Climate Platform to reduce PoW emissions
The coalition aims to redress the network's former proof-of-work (PoW) carbon emissions. It was formed by Web3 firms, civil society leaders and the U.N. Framework Convention on Climate Change. The group will invest in climate projects that promise to mitigate Ethereum's past emissions.
Swiss regulators consider UBS takeover of Credit Suisse to prevent collapse
Swiss regulators are reportedly considering emergency measures to accelerate the acquisition of Credit Suisse by UBS, Switzerland's largest bank. The Swiss National Bank and the Swiss Financial Market Supervisory Authority believe that the acquisition is the only way to prevent a collapse in confidence in Credit Suisse following a series of financial scandals.
Coinbase warns of delays for ETH unstaking after Ethereum Merge
Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."
ETH Merge Will Propel Narrative of Cryptos Being Eco-Friendly: Head of Sales at Moneycorp
Once Ethereum shifts to a PoS consensus mechanism, validators will replace miners in the confirmation of blocks because they will use the staked Ether. As a result, prompting a more cost-efficient and environmentally friendly approach.
Crypto Mining Firm Primeblock To List via SPAC Merger in $1.25 Billion Deal
PrimeBlock is joining the special purpose acquisition company (SPAC) boom to access more capital via the public market.
Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge
Merge, a fintech startup that provides crypto and web3 companies with a range of banking and payments solutions has raised $9.5 million from venture capital firms led by Octopus Ventures.
Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D
The firms said they terminated the merger plan announced last June because of the current unfavourable market conditions.
Opinion: The Merge- Key Questions to Answer
For the upcoming Ethereum Merge, some of the issues and answers to some of the questions often come up about crypto’s biggest event.
Opinion: Why Ethereum’s ‘Merge’ Won't Lower Gas Fees?
The Merge won’t make the network much faster or be able to process more transactions per second, which means gas fees won’t change much.
AI in Emergency Medicine: Evaluating ChatGPT and Google Bard
A study reveals ChatGPT and Google Bard's performance in mass casualty incident triage is significantly different, with Google Bard outperforming ChatGPT with a 60% accuracy rate, highlighting the need for continued advancement and human supervision in AI's healthcare integration.
Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.
The Merge Begins, ETH’s Weekly Social Engagements Increase by 53%
The much-anticipated Ethereum merge is set to see the light of day begins, ETH’s weekly social engagements increased by 53%.
Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge
Since the Merge is the first step toward solving the scalability trilemma, Ethereum will have to undergo four more steps to solve this issue.
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens
More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights.
Ethereum's Vitalik Buterin Shares Insights on Possible ETH Price Drop Post-Merge
The run-up to the Merge event of the Ethereum protocol saw a number of anticipation from members of the Ethereum community and broader crypto investors on how the coin’s price will be influenced positively
Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.
Ethereum Miners Realized $756M in August Pending The Merge
Miners on the Ethereum blockchain have made the sum of $756 million while gearing up for The Merge that will take place later in this month
Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.
Hiccups Surface as Bellatrix Upgrade Sets Stage for Ethereum Merge
With the much-anticipated merge being around the corner, the Bellatrix upgrade went live, curtain raising for this event.
Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
According to data from blockchain analytics provider, Santiment, there seems to be a heavy centralization in the new protocol per validator’s count after the Merge of Ethereum.
Active Addresses of Ethereum Hit Monthly High with $22B Being Staked before the Merge
Ethereum continues to be at the centre stage after undergoing its biggest software upgrade called the Merge. As a result, active ETH addresses have skyrocketed after hitting a monthly high.
Ethereum Merge Might Happen in August as Testing Enters Final Round
Speaking at the Permissionless 2022 Conference in Florida, U.S., Ethereum Researcher Justin Drake disclosed that the merge might happen in August.
Ethereum Unlikely to Merge in June, Despite PoW Undergoing
The much-anticipated merge will not occur in June as planned, according to Ethereum lead developer Tim Beiko.
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.”
Ethereum Hits 6-Week High amid Addresses in Profitability Surging
Ethereum reached highs of $1,770; a scenario has last seen on June 10 as more momentum continued trickling into the network.
CME Group Rolls Out Ether Options for Upcoming Merge
CME Group, a leading derivatives marketplace, has launched the options of Ether futures, given that the much-anticipated merge has been pushing demand.
Ethereum Supply Slowed after ‘the Merge,’ Will It Drive Investment Narrative?
Ether might become deflationary when the coins from block subsidy are lower than those burned. Also, ETH will become a deflationary asset when more people transact with the coin than those who stake it.
Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low
The daily net issuance in the Ethereum network continues to drop, signifying a supply deficit.
Ethereum Classic Hash Rate Surges 200% Ahead of Ethereum Merge
Ethereum Classic’s hash rate has risen from 30 TH/s to 64 TH/s in the last 30 days. The surge indicates an increased mining activity on the Ethereum Classic network.
Crypto Venture Capitalist Breaks Down Potential Winners and Losers from Ethereum Merge
Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake, namely the Merge, is approaching. Crypto experts have continued to talk about the impacts associated with such upgrades.
Ethereum Energy consumption, Carbon Footprint Reduce 99.99% after Merge
Ethereum completed a massive software upgrade that is said to have slashed its carbon footprint and energy usage.
Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours
Ethereum has not been able to get the right footing since the much-anticipated Merge went live on September 15.
Ethereum’s Speculative Action Goes through the Roof as the Merge Edges Closer
Since the Ethereum merge has been awaited with bated breath by the crypto community, the network’s speculative action has skyrocketed.
The Merge: Why Ethereum Investors Must Remain Cautious as Bellatrix Upgrade Goes Live
The Bellatrix Upgrade is set to go live on the Beacon Chain of the ETH Network today as the entire community prepares for the forthcoming merge of the current PoW chain with the PoS model.
Ethereum Takes the Lead in GitHub Development Activity
Ethereum continues to scale heights because it has jumped to the top position in terms of GitHub development activity, according to market insight provider Santiment.
Ethereum Hits a Monthly High above $1,500, Merging Events Continues Engulfing the Market
Ethereum returned to levels last seen in June based on renewed momentum following the popping up of the merging events.
Crypto Market Resurgence: Two Altcoins Promising a Better Week Ahead
With weekends often characterized by bearish events, the ongoing upsurge could be evidence of a better week ahead. Should these projections be true, Ethereum and ApeCoin are the two altcoins that are likely to fuel this growth
Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption
Bolt and Wyre Will drive cryptocurrency adoption forward to create more value for customers across the globe.
Crypto Exchange Bullish Plans to Go Public Via SPAC Valued At $9B
Bullish exchange is the latest crypto firm intending to go public through SPAC in a $9 billion deal.
Binance Plans to Halt Ethereum Deposit and Withdrawals During The Merge
The largest crypto exchange in the world by trading volume Binance has announced that it will be halting the deposit and withdrawal of ETH and ERC-20 during The Merge slated for Sept 15
Crypto Exchange OKX Unveils Precautionary Measures Ahead of the Ethereum Merge
With the Ethereum merge just around the corner, crypto exchange OKX has given a service update that includes suspension of ETH deposits and withdrawals during the much-anticipated event.
Binance Exchange Looks to Acquire Outstanding Shares in Swipe
Binance Exchange, the world’s biggest trading platform by volume, is ending its year in grand style, with a recent announcement that it is set to acquire the outstanding shares in Swipe.
Coinbase Says it Will List Potential Forked Tokens Following Post-Ethereum Merge
Ethereum's merge is drawing nearer. Coinbase has said it will evaluate potential fork tokens that might emerge after the merge.
Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15
Vitalik Buterin, Ethereum’s co-founder, has hinted that the much-anticipated merge might occur around September 15.
HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context
HKEX formally announced today its intention to merge with London Stock Exchange Group.
Japanese University Integrates Blockchain for Tamper-Proof Academic Records
The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate the academic records of its students. Five other Japanese universities are expected to follow suit in 2020.
Determinism: The Philosophy of Blockchain
Determinism, free will, and blockchain? What do these seemingly disparate concepts have in common? A lot, as it turns out.
US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime
The US Secret Service is hoping to put an end to the increasing money-laundering cases that have erupted with the rise of COVID-19, by creating a special division, dubbed the Cyber Fraud Task Force (CFTF).