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Crypto Product Reviews and Comparisons
PoW Hard Fork or Staking : ETH Merge Divides the Crypto Community
Ethereum co-founder Vitalik Buterin believes ETC is a better PoW alternative to Ethereum.
EtherMine released a beta version of EtherMine Staking that will offer stake pool services for the post-Merge era.
f2pool, the second largest Ethereum mining pool, acknowledges the new Era of PoS."
Chainlink will no longer have proof-of-work (PoW) forks, while BitMEX has said it will launch a linear futures contract for its users to get exposure to ETHPOW.
The Singapore-based Lending Platform Hodlnaut Suspends Withdrawals
Key Takeaways: Hodlnaut announced that deposits, token swaps, and withdrawals were halted. Hodlnaut emphasized that this action was taken to stabilize liquidity and protect assets. Hodlnaut is currently collaborating on the plan’s execution, viability, and…
The U.S. Adds Tornado Cash to its List of Cyber-Related Sanctions
Key Takeaways: Tornado Cash is subject to US Treasury sanctions now. The decision has made it impossible for American investors to use the contentious service. These sanctions are not shocking to many people. On Monday,…
Crypto Community Reacts Negatively to the US Inflation Reduction Act
Act plans to decrease Inflation by raising an estimated $739 billion in revenue — $433 billion of which would be spent on energy and climate programs. Many argue the IRA Act could lead to Inflation and a possible recession. The Act allocates $45 billion to Internal Revenue Service specifically to provide digital asset monitoring and compliance activities.
A Regulator Study Shows that 7% of Adults in Spain are Crypto Investors
66% of the cryptocurrency investors in Spain are male, while 34% are women. 41% of those with paychecks over 3,000 euros have invested in crypto. 43% of the crypto investors have university diplomas
Crypto Scams on a Surge in Hong Kong, HK$388Mn Drained in First Half of 2022
798 crypto-related scams in the first half of 2022– a 105% increase from the same period in 2021
HK$387.9 million has been drained from Hong Kong-based digital asset firms and individuals between January and June 2022.
Cryptocurrency scams make up the top 3 types of cyber crimes in Hong Kong.
OP Price Analysis August 2022
OP is a token of platform Optimism. Its current price is around $1.93 by the time of writing, with a low of $0.4005, and its market cap is 451 million dollars. What is Optimism? Optimism…
ROSE Price Analysis August 2022
ROSE is a token of the platform Oasis Network. Its current price is around $0.08265 by the time of writing, with a low of $0.04188, and has a market cap of 415 million dollars. What…
Central Bank of Brazil Director Calls Bitcoin a Financial Innovation
Araujo states Bitcoin is the catalyst for what is today known as Web3. Brazil is looking to launch CBDC called the digital real soon
"The CBDC is an expression of the Real within the environment in which cryptocurrencies operate," says Araujo.
