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Ether falls 1% ahead of major upgrade to ethereum network - Vimarsana News

Ether falls 1% ahead of major upgrade to ethereum network

By Reuters Staff 2 Min Read FILE PHOTO: A representation of virtual currency Ethereum is seen in front of a stock graph in this illustration taken February 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo HONG KONG (Reuters) - Ether fell about 1% on Wednesday ahead of a technical adjustment to its underlying ethereum blockchain that would alter the way transactions are processed. The revamp is currently anticipated to go live on Thursday in most time zones, according to market players, a little later than previously expected. Technically, the upgrade will occur when the 12,965,000th block...

Crypto sees 2nd week of outflows; ether posts record outflows -CoinShares - Vimarsana News

Crypto sees 2nd week of outflows; ether posts record outflows -CoinShares

Gertrude Chavez-dreyfuss 1/3 Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. REUTERS/Edgar Su/Illustration Read More NEW YORK, June 14 (Reuters) - Cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed on Monday. Total crypto ouflows hit $21 million for the week ending June 11. Since mid-May, total outflows reached $267 million, representing 0.6% of total assets under managemen...

Unbound Finance Raises $5.8M Led by Pantera Capital and Michael Arrington's XRP Capital - Vimarsana News

Unbound Finance Raises $5.8M Led by Pantera Capital and Michael Arrington's XRP Capital

Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first ever decentralized cross-chain stablecoin.

Vitalik Buterin: Ethereum 2.0's PoS Consensus Model Will Significantly Reduce Carbon Footprint - Vimarsana News

Vitalik Buterin: Ethereum 2.0's PoS Consensus Model Will Significantly Reduce Carbon Footprint

You have successfully joined our subscriber list. As the debate for cryptocurrency’s energy use catches fire, Ethereum’s transition to the Proof-of-stake (PoS) consensus model is likely to reduce its carbon footprint to a great extent. On Thursday, May 27, Ethereum co-founder Vitalik Buterin spoke on the ongoing debate of carbon emission contributions through crypto mining. The debate has caught fire once again with Tesla recently pulling out of Bitcoin payments. The Bitcoin and Ethereum blockchain both use the Proof-of-Work (PoW) that requires high mining power. However, the Ethereum net...

Meet Two of World's Biggest Holders of Cryptocurrency - Vimarsana News

Meet Two of World's Biggest Holders of Cryptocurrency

Ex-Deutsche Bank traders and the co-founders of Three Arrows Capital Su Zhu and Kyle Davies are among the biggest cryptocurrency holders.