Criptos News

Latest news about blockchain and cryptocurrencies

These Are the 3 Killer Reasons Why Ethereum Price Is Crashing Today

Last week, the Ethereum blockchain completed its transition to proof-of-stake (PoS). While developers continue to speculate whether the blockchain has indeed improved, initial price movements for ETH have left investors underwhelmed. The entire market is currently in freefall. Following the Federal Reserve’s release of a higher-than-expected consumer price index (CPI) measures last week, investors feared another aggressive interest rate hike was on the way…. Read more →

Ripple Says XRP Owners Have no Rights or Contract So Token is Not A Security

Source: AdobeStock / MigrenArt As US blockchain company Ripple continues its legal battle against the US Securities and Exchange Commission (SEC), the fintech intends to build its legal strategy on a claim that its token, Ripple (XRP), cannot be considered a security without contracts as there is no “investment contract” that would grant rights to investors. Read more →

Joseph Lubin’s Infura Plans to Create an Amazon Web Services for Ethereum Nodes

In response to the most complex upgrade to occur to Ethereum up to now, infrastructure provider Infura is developing a decentralized version of its service that provides scalable Ethereum infrastructure and Web3 developer application programing interfaces (APIs). The company is controlled by Joseph Lubin, the blockchain’s co-founder and the founder of blockchain software company ConsenSys…. Read more →

Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law

Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law….Read More: Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law… Continue reading on https://cryptonews.com/news/where-do-kwon-terra-luna-boss-claims-hes-not-run-from-law.htm Read more →

If This is a Netscape Moment for Web3 What Does that mean for Ethereum?

Ethereum completed its long-anticipated Merge on Thursday without any hiccups as the protocol switched from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism. The move instantly reduced Ethereum’s energy consumption by 99.9% and is the first major step to eventually making the blockchain cheaper and faster to use. The network previously had the same energy consumption as the entirety of the Netherlands and a carbon footprint as big as that of Singapore…. Read more →

Ethereum Price Prediction: After the Merge Can ETH Reclaim $1,500 Soon?

The Ethereum blockchain has just undergone the most significant upgrade in its history. However, while many market players expected the price of ETH to skyrocket following the Merge, things haven’t quite gone as planned. What lies ahead for the world’s second most valuable cryptocurrency?…Read More: Ethereum Price Prediction: After the Merge Can ETH Reclaim $1,500 Soon? Read more →