Monero [XMR], one of the most renowned privacy coins, underwent a successful hard fork on block 2,688,888, this Sunday (14 August). The upgrade incorporated significant changes to make the network more secure and private. But the question is- Did XMR see any interesting happenings on-chain or on its price action? Upgraded life  The team behind the aforementioned protocol shared this development about the hard fork on 14 August. It brought several fixes to the internal… Source link

Monero, the privacy-oriented decentralized cryptocurrency project, underwent a planned hard fork event on Saturday, introducing new features to boost its privacy and security. The network upgrade was delayed from July 13, when it was first planned for release, due to multi-sig security fixes, critical security patches, and more time needed to resolve hardware wallet incompatibility issues. Completed at block 2,688,888, the hard fork now features a larger ring size (from 11 to 16), an… Source link

After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data indicates that a whale who participated in the Ethereum Genesis ICO has moved 145,000 ETH to various addresses. The funds were… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

FG Trade Thesis Summary Bitcoin (BTC-USD) is described by many as a speculative asset with no practical use. However, there is plenty of evidence to the contrary. Bitcoin is already a currency, and it has the right ingredients to be a store of value. On top of that, there are many other ways in which Bitcoin is adding value and many more that will arise in the future, thanks to the robust ecosystem being built on the lightning network. What many don’t seem to understand, is that Bitcoin is a… Source link

Inflation, tightening liquidity, and the Terra-LUNA collapse pulling down the entire crypto ecosystem are some of the top reasons for 2022 being one of the worst bear markets in history. While top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) were caught in a whirlwind of highs and lows, there were some relatively newer cryptos, like Chronoly (CRNO) that thrived during this phase.  This article will help you understand potentially safe investment… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

ETC Cooperative wrote a letter to ETH proof-of-work proponents criticizing a hard fork ahead of the Merge.  Ethereum proof-of-work supporters argue that miners cannot move their resources to ETC for shortage of computing power pool.  Ethereum price continued its downward spiral, dropping to the $1,900 level.  As Ethereum prepares for its upgrade from proof-of-work to proof-of-stake, there is a group of miners preparing for a hard fork. ETC cooperative criticized… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link