Category: Blockchain

While Ethereum developers have been working on perfecting ETH 2.0, an upgrade to the current Ethereum 1.0 mainnet is expected to go live in mid-April. The Berlin upgrade is set to go live on the mainnet at block 12,244,000. The upgrade will be deployed on Ropstein, Goerli, and Rinkeby testnets before making its way onto

Ripple and MoneyGram’s partnership through which they furthered remittance services using XRP and Ripple technology has officially ended. Both firms seem to have ended things on amicable terms, with Ripple suggesting that the partnership may be rekindled in the future. Per Ripple’s official statement: “Together, Ripple and MoneyGram have made the decision to end

PayPal has officially confirmed that it is going to acquire Israel-based cryptocurrency custody firm Curv. Last week, several media outlets cited rumours that the acquisition talks were still in the early stages. However, PayPal has now made it official and revealed that it plans to utilize the new purchase to expand and accelerate its initiative

Ethereum has announced that EIP 1559 will be a feature that will soon be brought to the blockchain network. EIP 1559 will be a major transformation for the network, as it will significantly decrease the amount of outstanding transaction fees users will have to pay to use the Ethereum network. With the reduced supply in

The Ethereum Foundation is set to implement the Ethereum Improvement Protocol (EIP 1559), an upgrade that will see the network’s native cryptocurrency Ether get burned everytime it is used for transactions. The proposal may be implemented as early as July. The Beauty of the EIP 1559 The Ethereum Blockchain is unarguably the world’s most used

Meitu Inc., a Chinese company specializing in providing photo-editing and sharing video processing software for smartphones, announced that it has bought 15,000 units of Ethereum(ETH) and 379.1214267 units of Bitcoin (BTC), which were valued at approximately $22.1 million and $17.9 million respectively at the time of purchase. This transaction was made through a Cryptocurrency Investment

Bitcoin (BTC) is starting the week on a stellar note as it is trading above the $50,000 resistance following the news that the United States Senate has passed President Joe Biden’s $1.9 trillion COVID-19 stimulus package. At the time of writing, the cryptocurrency is trading at $50,759.63 at a daily gain of 2.56%, the highest

Kraken CEO Jesse Powell has addressed Ripple’s legal woes with the Securities and Exchange Commission (SEC) over XRP. The SEC’s lawsuit over XRP for being an unregulated security has yet to be concluded and has been hanging over Ripple since last December. Following the lawsuit, many exchanges have moved to halt XRP trading in the

The Delaware court has ruled that Ripple’s investor Tetragon will not be able to reclaim its Ripple equity in cash. Earlier this year, one of Ripple’s main investors, UK-based Tetragon Financial Group Ltd., filed a lawsuit against the firm. It demanded a reimbursement from Ripple for the $200 million Series C investment round it led

India’s finance minister, Nirmala Sitharaman, has hinted that the government may not go for a blanket ban on cryptocurrency in the country. The finance minister has said that the government is open to experimentation with new technologies and is not closing its minds for them. Sitharaman added that the government is engaging discussions with the