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A proposed modification of how Ethereum miners are being compensated will result in a profit … [+] decrease as high as 60%. Miners started to organise online forums to oppose the change, with minor effects so far. SOPA Images/LightRocket via Getty Images Lowering of increasing blockchain transaction fees, which could be as high as $60 USD per transaction, called ‘contract execution’ is currently a matter of concern for the Ethereum Foundation.   The proposed changes… Source link

LTC is facing pressure near $190 as bears look to extend the breakdown below the 20-day exponential moving average Litecoin price continues to trade near $190 as bulls target a breakout towards $200 and a possible rally to another multi-year high. The cryptocurrency looked to have picked an uptrend on 28 and 29 March, but buyers could not sustain the momentum above $200 as profit booking kicked in. While it looks like bears have plans heading into April, Litecoin’s price could benefit… Source link

Mary Rich, who is about to become the new global head of digital assets for Goldman Sach’s private wealth management division, said in an interview with CNBC Wednesday that Goldman will begin offering cryptocurrencies to investors sometime in the next three months. Goldman will announce Rich’s new position Wednesday, according to an internal company memo shared with CNN. “In this newly-created role, she will work closely with advisors to educate clients about blockchain technology and the… Source link

STOCKHOLM, Sweden, 31 March 2021 — XBT Provider AB (Publ) (“XBT Provider”) part of the CoinShares Group, wishes to announce the Settlement Amounts for Litecoin Tracker One, Litecoin Tracker Euro, XRP Tracker One, XRP Tracker Euro, as calculated by the Issuer’s Calculation Agent on the Final Fixing Date (i.e. Wednesday, 31 March 2021) at 16:25 BST, in the normal, transparent way. The Settlement Amount for each Certificate is displayed below. More details on the… Source link

GRAND CAYMAN, Cayman Islands, March 31, 2021 /PRNewswire/ — Uni Naming & Registry (“UNR”) is the world’s largest owner of Non-Fungible Tokens representing Top Level Domains. As the exclusive operator of 25 ICANN-accredited domain extensions, including .LINK and .GAME, UNR holds the NFTs that control their namespaces in the Ethereum Name Service (“ENS”) on the Ethereum blockchain. UNR’s Top Level Domains are the first to be turned into ERC-721 NFTs on Ethereum. 23 of these Top Level… Source link

Maximal extractable value (MEV) is quickly becoming a buzzword among Ethereum developers and traders alike, given the recent rise of decentralized finance (DeFi).  Congruently, the finish line for Ethereum 2.0’s consensus mechanism swap is within sight. Colloquially called “The Merge,” mining on Ethereum is likely to fall by the wayside within the next year or so in favor of staking. Doing so opens up a host of questions, particularly for those completing complex trades on Ethereum.

Headlines by Visa V are making waves in the crypto market, and highlight one important trend; the crypto marketplace is rapidly becoming differentiated, with stablecoins occupying a leading position. Visa SOPA Images/LightRocket via Getty Images Bitcoin continues to lead the way in terms of crypto conversation, investment trends, and market capitalization, but the reality is a little more complicated than some commentary might have one believe. Especially with the… Source link

Ethereum Improvement Proposal 1559, set to be bundled together with the “London” upgrade in July, has caused as much excitement as fear and panic. On the surface, EIP-1559 is nothing more than a change in Ethereum’s gas fee structure. And to spice it up, it has also been labeled as Ethereum’s scarcity engine, or burn mechanism, as it will destroy Ether (ETH) used in transaction fees, making the cryptocurrency deflationary, and perhaps more valuable down the line.  Related: Ethereum at… Source link

Astute readers will recall that I’ve previously described Ethereum’s (CCC:ETH-USD) blockchain architecture as a sign of natural progress in the cryptocurrency narrative. As you know, the introduction of Bitcoin (CCC:BTC-USD) wasn’t just significant for the digital token itself but also for introducing the blockchain concept. With it, peer-to-peer transactions were possible and, quickly, a crypto-based economy blossomed. Source: Shutterstock But the main problem with Bitcoin… Source link