Tornado Cash ban spells disaster for Web3 privacy protocols
There are growing worries that the recent penalties imposed by the US government on Tornado Cash could create a “slippery slope” for Web3 privacy and ultimately render the medium “meaningless.” Shumo Chu, co-founder of the privacy protocol Manta Network, voiced concerns about the severe penalties against Tornado Cash would have a ripple impact on other […]
ETH deposits and withdrawals will not be executed by Coinbase.
Ethereum deposits and withdrawals will not be processed by Coinbase during the merger. For many months to come, even after the integration, staked ETH won’t be accessible for withdrawal. During September’s “merge” update, Coinbase, the biggest cryptocurrency exchange in the US, will temporarily prohibit ETH deposits and withdrawals. Tuesday, the exchange published a blog post […]
Traders FOMO As ETH price rejects at $2,000.
The strong 82.8% rise since the rising wedge formation began on July 13 surely looks to be a success for bulls even if ETH price rejected the $2,000 barrier on August 14. As the network anticipates the Merge transaction to a proof-of-stake (PoS) consensus network on September 16, the ideal of “ultrasound money” unquestionably draws […]
Health Node Report Questions the Decentralization of SOL
The Decentralization of SOL has been questioned by health node report following the recent condition of the Solana’s network. For SOL, The validity of its validator network is examined in depth in its first report using key metrics. These consist of distribution, Nakamoto consensus, and the overall number of validators. Dissecting the SOL Nodes According […]
Ethereum Upgrade(The Merge)- Five Top Myths
Dispel the mist around The Merge(Ethereum upgrade), the most major update in Ethereum’s history. Here are five myths that stand out from the others. Unintentionally, stories have spread across the community as a result of the enthusiasm around Ethereum’s (ETH) forthcoming upgrade, The Merge, which entails the combination of two blockchains — Mainnet Ethereum and […]