Author: WebsCrypto

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In a recent interview with economic blogger, Ethereum co-founder Vitalik Buterin said that his influence on the blockchain network has been declining over the past two years, and many new developers are taking over the role.

FTX released updated notes on Ethereum merger. FTX will suspend the deposit and withdrawal of native ETH and ERC-20 tokens about half an hour before the Bellatrix consensus layer upgrade (Beacon Chain epoch 144896: September 06, 2022 11:34:47 UTC) and the Paris execution layer upgrade.

Trading volumes on both centralized and decentralized exchanges (DEXs) declined in August compared to the previous month. Transaction volume in August reached $630.3 billion. That figure was down slightly from $632.7 billion in July.

The Ethereum wallet linked to American comedian Bill Murray was hacked after a charity auction this week.

Bitcoin miner Bitfarms said in its month-end update on Thursday that it mined 534 BTC in August, an increase of 6.8% month-on-month compared to the previous month, while increasing its hash rate by 1% to 3.9EH/s.

Johnnie Walker, a world-renowned whisky brand, announced a partnership with NFT marketplace BlockBar and Web3 consultancy Vayner3.

On Thursday, IMF staff called for a global platform for cross-border payments and renewed calls for regulation of the crypto industry, which officials say is unstable, inefficient and riddled with fraud.

Cryptocurrency Bitcoin has had another disappointing month, down nearly 15 percent, according to data provided by UK-based AcornMacroConsulting.

British authorities have ordered the closure of two companies involved in cryptocurrency-related fraud.

According to Market Research Future, by 2023, the value of the Web3.0 blockchain technology field will exceed $6 trillion, and from 2023 to 2030, Web3.0 will continue to grow at a compound annual growth rate of 44.6%.

In a report titled DeFi’s Battle of Stablecoins, DappRadar emphasized that Ethereum’s impending merger is one of the most anticipated events in the crypto industry.

Fanfaron, CEO of NFT game developer Ragnarok, said in a statement that it lost about $1.82 million by embezzling funds from the project’s treasury to buy Ethereum multiple times.

Tokenization remains a top priority for the future of banking as institutions continue to show interest in the crypto space, said Nicole Olson, vice president of digital product development and innovation at State Street.

Over the past 24 hours, the value of the crypto industry has fallen by 6.8%, with more than $300 million in positions being liquidated. Over the past seven days, Bitcoin has lost about 4% in value.

The price of the public chain Avalanche token AVAX has now fallen to 18.25, a drop of 8% in 24 hours. It is reported that the token fell as low as 17.92 this morning.

According to Frank Downing, an analyst at investment management firm ARK Invest, ethereum may begin to gather more bullish momentum as the cryptocurrency market pivots back into a risk-oriented Environment.

Acala has updated the on-chain tracking progress of the abnormal additional issuance of aUSD, and has located the remaining 1.7% (about 52 million) of a total of 3.02 billion abnormal additional issuance of aUSD, but most of the tracking work is used to analyze the transactions of the addresses involved and the wrong minting of aUSD. move.

Nvidia reported second-quarter earnings that fell short of Wall Street’s revenue and EPS estimates.

Crypto lawyer John Deaton has slammed the lack of transparency in the regulation of cryptocurrencies by former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayto for an article in the Wall Street Journal discussing cryptocurrency regulation.