Auto Added by WPeMatico

Bank for International Settlements States True Decentralized Finance Is an ‘Illusion’

The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools…

Continue ReadingBank for International Settlements States True Decentralized Finance Is an ‘Illusion’

Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier Upgrade

The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters…

Continue ReadingDelaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier Upgrade

Coinbase adds ‘ETH2’ despite tomorrow’s Ethereum upgrade postponing difficulty bomb

But ETH2 is not a new cryptocurrency and the exchange appears to be prepping for Ethereum's transition to Proof-of-Stake.

Continue ReadingCoinbase adds ‘ETH2’ despite tomorrow’s Ethereum upgrade postponing difficulty bomb

Traders say ATOM could eventually do an AVAX-like surge to $100

Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly.

Continue ReadingTraders say ATOM could eventually do an AVAX-like surge to $100

Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to…

Continue ReadingElectric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

ZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake

The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.

Continue ReadingZEC price jumps 20% in one day as Zcash devs unveil transition to Proof-of-Stake