The shift of Ethereum (ETH) to a Proof of Stake (PoS) architecture is still being scrutinized, with Lachlan Feeney, CEO of Labrys, citing concerns about censorship on the Ethereum network, pointing out that 45% of validators comply with US sanctions. According to Lachan Feeney – CEO of Labrys, a blockchain development organization – around 45% […]
Category: Ethereum
October 4, 2022
September 27, 2022
Bank of America: Cryptocurrencies Continue to Act As Risk Assets
The Bank of America stated in a research paper this Friday that digital assets continue to operate as risk assets, decreasing when global interest rates climb. Still, stablecoin inflows are a hint of an eventual comeback. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the US dollar or gold. The report […]
September 23, 2022
Ethereum And Bitcoin Weather The Storm After Fed Hit
Bitcoin (BTC) e Ethereum (ETH) are experiencing high volatility as the Federal Reserve decided to yet again raise the country’s interest rate by 0.75%, reaching a range between 3% and 3.25%. Right after the Federal Reserve announcement, cryptocurrencies took another hit. However, this time the digital assets look like they were able to withstand the […]