Author Archives: Darren Marchal

Explained: Ethereum set for mega ‘merger’ to become m

Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain next month in a process called “the merge”. That will make Ethereum at least “99 per cent more energy efficient”. The Ethereum Foundation has said that the Merge Blockchain upgrade is scheduled…

WazirX co-founder raising up to $20 mn for new blockchain venture

Crypto exchange WazirX’s co-founder Nischal Shetty is raising $17-$20 million for his new Blockchain-based venture called Shardeum. According to sources, the funding will take the valuation of Shardeum, which Shetty is building with his US-based Co-founder and Blockchain architect Omar Syed, to nearly $200 million. Shetty told IANS that the startup is raising seed funds,…

The sleuths who protect cryptocurrencies from hackers are raking

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving. With criminals, including North Korean hackers, increasingly targeting the sprawling software infrastructure underpinning the cryptosphere, firms that sift through code for weaknesses and run bug-hunting sites are finding themselves with more business than they can handle….

Top 8 Ways To Earn Free Crypto In 2022 Takeaway 

The popularity of cryptocurrency is accelerating rapidly. In fact, several industries have already started to integrate crypto into their operations. Thus, the value of owning crypto is increasing, so you may want to start investing in these digital currencies.   That said, did you know that there are several ways to earn crypto without using any…

Crypto wrap: Market participants coming out of bear phase, expert

Last week, cryptocurrency investors received some respite from the fall in the value of digital tokens. Over the previous seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent, according to coinmarketcap.com. Bitcoin and Ethereum are the largest and the second-largest digital tokens by market cap, respectively. Market data suggests that…

Crypto derivatives volumes surge to $3.12 trillion in July: Repor

Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash. The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes…