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0 CommentsEthereum’s main public testnet, Ropsten, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo “the Merge” on June 8 in preparation for the main Ethereum blockchain to switch to proof-of-stake (PoS) consensus. Parithosh Jayanthi, who works in devops at the Ethereum Foundation, merged the pull request on GitHub today,…
Plot twist: well-known economist and crypto-skeptic Nouriel Roubini is developing his own crypto asset. He set out to find a form of integration between cryptocurrencies and the real economy, and his vision seems quite intriguing. The great thing about the crypto industry is the amount of creativity involved, particularly with all new types of assets…
On May 18, venture capital firm Andreessen Horowitz (a16z) announced the launch of a $600 million fund focused on metaverse games. A16z is looking to expand its reach into the gaming industry, which generated more than $300 billion last year. With the new fund, named “Games Fund One,” the team plans on investing in various…
Investors poured a record amount of $299 million into crypto assets last week, even as the collapse in TerraUSD spurred a broader market sell-off. According to Coinshares, it’s a signal that they saw the market turmoil “as a buying opportunity.” Leading cryptocurrency Bitcoin was the biggest winner, logging $299 million in weekly inflows, CoinShares said…
The protracted decline in the value of BTC and other cryptocurrencies makes many experts talk about a new crypto winter approaching. But that might just depend on the outlook: If we choose a different point of view, those concerns will seem rather unfounded. On the night of May 10, the quotes of the first cryptocurrency…
Trading firm Robinhood plans to roll out a new crypto wallet focused on decentralized finance (DeFi) by the end of 2022. The new custodial wallet will cater to “advanced” crypto users and live separately from the existing wallet, the firm’s Johann Kerbrat said. On May 17, Vlad Tenev, Robinhood CEO, announced the “Web3 crypto wallet”…
