T-Mobile Parent Deutsche Telekom Launches Ethereum Validator, Staking Support Telecom giant Deutsche Telekom, parent company of T-Mobile, has announced that it will run a validator to support Ethereum staking. The German company said Thursday that its T-Systems Multimedia Solutions (MMS) division is working with proof-of-stake app and DAO StakeWise to operate a pool, allowing customers to take part in validating transactions without having to […]
Ernst & Young Wants to Be 'The Best on Earth at Ethereum' Says Firm's Blockchain Lead At this year’s Messari Mainnet summit, Paul Brody, the blockchain lead at Big Four accounting firm Ernst & Young (EY) told Decrypt that his company is “all in on public blockchains.” Recounting EY’s involvement in crypto, he reiterated how the firm was indeed one of the earliest adopters in the traditional finance world. In 2015, […]
Cryptocurrency Market’s Momentum Slows as Bitcoin and Ethereum Maintain Support Levels After experiencing a high trading volume throughout the week, the cryptocurrency market’s momentum is once again slowing down. The prices of Bitcoin and Ethereum can maintain support, with bitcoin trading above $19k and Ethereum maintaining above $1,300. Let’s examine any notable news this week that impacts crypto prices. Summary As the week ends, the cryptocurrency […]
Deutsche Telekom Supports Ethereum & Works w/ Stake Wise, SEC Charges Hydrogen, US State Comes After 23 Alleged Crypto Scammers + More News
BNV Takes Paris Fashion Week Into the Metaverse With K-Pop Group Lightsum Following designer Victor Weinsanto’s latest fashion collection showcase in the Marais district of Paris, there was the typical post-show scrum you’d find at any Paris Fashion Week event: models with their hair in elaborate styles that give Bjork a run for her money, photographers snapping street style shots, and a lot of cigarettes being smoked […]
Institutional appetite continues to grow amid bear market — BitMEX CEO In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum. Speaking at the Token2049 conference in Singapore on Sept. 28, the crypto executive told Cointelegraph that there has not been a “single slowdown of institutional push into crypto” […]
The Security Budget Flaw That Proof-Of-Stake Introduces This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. Ethereum founder Vitalik Buterin recently voiced concerns about Bitcoins long term security citing relative security budgets based on network fee structures. These concerns are unfounded […]
Ethereum Merge Shows Crypto Is 'Getting Its Act Together': Eric Schmidt Former Google CEO Eric Schmidt thinks Web3 is “not normal” compared to other industries—but says it’s on the right track. In a Wednesday fireside chat at the SmartCon conference in New York City, Schmidt shared his thoughts and concerns about the current state of crypto and Web3 with Chainlink Labs Co-Founder Sergey Nazarov. “I’m historically […]
Someone Just Paid $4.5M for a CryptoPunks Ethereum NFT Despite Bear Market Overall NFT sales might be down significantly from earlier this year, but collectors are using the bear market and the falling price of ETH to snap up relatively good deals on desirable digital art pieces. Here’s a prominent example: CryptoPunks NFT #2924 just sold this afternoon for nearly $4.5 million worth of ETH—the largest single […]
Gnosis Safe launches SafeDAO, Safe Token Safe (formerly Gnosis Safe) announced the launch of its SafeDAO and Safe Token today. Even as the crypto bear market continues to batter the industry, decentralized autonomous organizations, better known as DAOs, remain a popular way for people to organize online, build communities, and raise funds. Originally conceived as a digital asset management platform for […]
Price analysis 9/28: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB The S&P 500 fell for six days in a row and made a new year-to-date low on Sept. 27, but Bitcoin (BTC) maintained its outperformance and stayed well above its June low. This could be a positive sign because several times, markets that show strength on the way down are the ones that outperform in […]
Art Blocks Fidenza Creator Sells $17M of Ethereum NFTs Amid Market Slump The NFT market—like the wider cryptocurrency market—might be in a serious slump right now, but that didn’t stop artist Tyler Hobbs from making bank on his latest generative art drop. Hobbs, the creator of the valuable Art Blocks Fidenza project, just debuted his anticipated QQL project. The Ethereum NFT collection is a collaboration with Dandelion […]
Scaling Ethereum? Arbitrum Co-Founder Says Projects Should Consider 3 'Critical' Points The race to make Ethereum faster is heating up. With Polygon rolling out new zero-knowledge technologies, StarkWare announcing a token airdrop, and NFT marketplace OpenSea integrating Optimism, there are plenty of contenders to scale the top crypto network for DeFi and NFTs. “Ultimately, it's a large space, and it's a large pie,” CEO and co-founder […]
The Cryptocurrency Market Is Gaining Momentum as Bitcoin and Ethereum Recover The cryptocurrency market is gaining momentum as Bitcoin trades above $19k, and Ethereum stays above $1,300 after rising in trading volume and price last night. The 24-hour trading volume has increased by 19% for BTCUSD, reaching $59 billion, and 32% for ETHUSD, reaching $20 billion. According to the increase in trading volume, the market may […]
Bitcoin and Ethereum Plummet 8%, Erasing Yesterday's Bullish Gains Top cryptocurrencies in Bitcoin and Ethereum dropped roughly 8%, wiping all gains enjoyed earlier in the week. Bitcoin (BTC), the leading cryptocurrency with a market capitalization just north of $357 billion, has plummeted 7.5% over the past 24 hours. As of this writing, BTC changes hands at around $18,666 per data from CoinGecko. On a […]
7 Ethereum developers would like to sell you on the Merge Since the founding of Ethereum in 2015, an animating question that plagued the community was answered at exactly 06:42:59 UTC on Thursday, Sept. 15, 2022. Ethereum, the technological layer where a new class of applications and self-organizing organizations are being built, eliminated its reliance on an energy-intensive consensus mechanism called proof-of-work (PoW) to a more […]
Price analysis 9/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB The United Kingdom is in focus following the British pound’s fall to a new all-time low against the United States dollar. The sell-off was triggered by the aggressive tax cuts announced by Prime Minister Liz Truss’s government. The 10-year gilt yields have soared by 131 basis points in September, on track for its biggest monthly […]
Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader prepares for "important week" for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $19,000 with hours left to run on the […]
How Much Energy Will the Ethereum “Merge” Save? Ethereum – the world’s second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just over a week ago. Ethereum Has Completed the “Merge” Many are wondering how much energy is slated to be saved now […]
59% of staked ETH controlled by four providers The good news for Ethereum investors is that the Merge came and went smoothly, without a hitch. Ethereum is now a Proof-of-Stake blockchain, meaning up to 99.95% lower energy consumption. But it’s not all fun and games. The problem of centralisation is one that is much discussed, but when you jump on-chain and look at […]
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist The sanctions on cryptocurrency mixer Tornado Cash has left a vacuum for illicit fund mixing services, but more time is needed before we’ll know the full impact, according to Chainalysis’ chief scientist. During a demo of Chainalysis’ recently launched blockchain analysis platform Storyline, Cointelegraph asked Chainalysis chief scientist Jacon Illum and country manager for Australia […]
