Proof-Of-Work

The Securities and Exchange Commission clarified its position on cryptocurrency mining activities Thursday, asserting that they do not fall under federal securities laws. What Happened: The SEC’s Division of Corporation Finance stated that proof-of-work mining activities, which involve using...

Bitcoin (CRYPTO: BTC) is in a tug-of-war between its core principles and environmental concerns over its greenhouse gas emissions. A Newsscientist article portraying Bitcoin as an energy guzzler is drawing a hostile response from Bitcoin activists and a correction by X'...

Cryptocurrency Ethereum (CRYTPO:ETH) was launched in 2015 and has become the second most valuable asset in the crypto sector over time. Here's a look at how an investment in Ethereum could turn you into a millionaire in the future, with the price trading higher over the last week. What Happened:...

The Shanghai upgrade for Ethereum (CRYPTO: ETH), rolled out in April, hasn't spurred the anticipated surge in activity on the leading smart contract blockchain, according to a recent research report by JPMorgan. The bank's analysis, which will likely be a topic of discussion at...

Grayscale Investments officially relinquished its rights to the post-Merge Proof-of-Work Ethereum (CRYPTO: ETH) tokens, known as ETHPoW. In a statement released on Sept. 18, Grayscale clarified that after comprehensive analysis it was evident ETHPoW tokens lacked substantial...

Ethereum (CRYPTO: ETH) was launched in 2015 and has become the second most valuable in the crypto sector over time, worth $226 billion today. As the cryptocurrency turns eight years old, here’s a look at how much an investment at the launch of Ethereum would be worth today. What Happened:...

Goldman Sachs (NYSE: GS) has presented a nuanced analysis of the on-chain metrics for Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) for the month of May. The dynamics of Ether balances stayed mostly steady across various group cohorts. However, there was a noticeable 31% month-over-month...

The Securities Commission of the Bahamas announced plans to strengthen its cryptocurrency laws in response to the collapse of cryptocurrency exchange FTX (CRYPTO: FTT), which had its headquarters in the Caribbean nation. The new bill will introduce measures on stablecoins, proof-of-work mining...

Cryptocurrency Ethereum (CRYPTO: ETH) is rising in price on the heels of the latest update in the coin’s transition from proof-of-work to proof-of-stake. Here’s a look at the history of Ethereum and what a return to all-time highs could mean for investors. What Happened: Ethereum was...

Cryptocurrency Ethereum (CRYPTO: ETH) was launched in 2015 and has become the second most valuable in the crypto sector over time. Here’s a look at the history of Ethereum and how much an early investment is worth today. What Happened: Ethereum was proposed via a white paper from co-founder...

Ethereum PoW (CRYPTO: ETHW) is soaring 20% in the last 24 hours, making it the highest performer on CoinMarketCap’s daily gainers’ list. What Happened: At the time of writing, ETHW was trading at $4.73. While apex crypto Bitcoin (CRYPTO: BTC) was at $23,557, down 1.46%, Ethereum (CRYPTO...

Ethereum (CRYPTO: ETH) miners that have migrated to the Ethereum Classic (CRYPTO: ETC) chain are making a small fraction of the daily revenue they used to make on ETH pre-Merge, according to blockchain analytics firm CoinMetrics. What Happened: On Sept. 15, Ethereum...

Ethereum (CRYPTO: ETH) has now officially transitioned to a proof-of-stake network. What Happened: The Ethereum blockchain successfully completed the Merge to PoS on Thursday at 2:50 a.m. EDT. And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who...

Ethereum (CRYPTO: ETH) creator Vitalik Buterin said he was a “bit surprised” that the network’s hashrate did not have a more significant drop in the weeks leading up to the Merge. What Happened: In a tweet on Sept. 14, Buterin shared an image of the Ethereum...

The highly anticipated Ethereum merge is expected to occur in the early hours of Thursday, Sept. 15, 2022. Here’s a look at exactly when that could happen and what it means. The Ethereum Merge: The cryptocurrency Ethereum (CRYPTO: ETH) will transition from a proof-of-work model to proof-of-...