Bitcoin HODLers and investors are becoming increasingly wary of centralized exchanges in the wake of last week’s FTX collapse. Hardware wallet provider, Trezor, reports a 300% surge as investors are increasingly moving to hardware crypto wallets.
Gavin Woods, co-founder of Polkadot resigns as CEO of Parity Technologies. Björn Wagner will now helm the company in his stead.
Proof-of-work Ethereum fork, EthereumPOW (ETHW) has attracted plenty of support considering that the merged network moved from mining in the past few months.
To make international payments easier, two of the largest names in conventional banking, JPMorgan and Visa, will connect their own private blockchains.
Dollar cost averaging (DCA) is the process of investing a certain sum of money into an investment portfolio regularly, usually monthly or even biweekly. If you have a 401(k) retirement account and make contributions with each paycheck, you’re already practicing dollar-cost averaging.
USDC is no longer available on Binance, but Circle is working hard to get its stablecoin on as many blockchains as possible. The platform also plans to expand to five other blockchains.
There is a growing number of investors looking to get in on the action by investing in cryptocurrencies. No one can doubt the immense growth that digital currencies such as Bitcoin, Ethereum, and Binance Coin have seen over the years.
SEC Chairman Gary Gensler commented on the recently long-awaited update to the Ethereum network, which saw the network switch from proof-of-work to proof-of-stake. Gensler hinted that the update would be sufficient to transfer Ethereum from its present legal classification into that of securities.
The biggest Ethereum mining pool in the world, Ethermine, won’t continue to provide services for the anticipated PoW splits when the Ethereum network converts to proof-of-stake (PoS).