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Author: CryptoPress

blackrock + coinbase

BlackRock bets big on crypto and partners with Coinbase

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The cooperation with the exchange aims to make it simpler for institutional investors to manage and trade Bitcoin, marking a significant push into cryptocurrencies by the biggest asset management in the world. BlackRock has announced the establishment of a spot bitcoin private trust, intensifying its drive into digital assets as the cryptocurrency sector recovers from the financial crisis. In a blog post published on Thursday, the...

Crypto adoption, Front page

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evmos rekt airdrop

Airdrop:  EVMOS Rektdrop

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Evmos is a blockchain that is entirely compatible and interoperable with Ethereum. It has scalability, fast throughput, and Proof-of-Stake consensus. It was developed using the Cosmos Software Development Kit, which operates on top of the Tendermint Core consensus engine. Consequently, the Inter Blockchain Communication Protocol enables it to interface with other blockchains in the Cosmos ecosystem (IBC).  Feature Evmos ...

Airdrop, DeFi, Staking

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Tornado Cash dusted wallets

A Tornado Cash user “Dusts” hundreds of public wallets

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The Treasury Department of the United States prohibited recently Tornado Cash, a method for mixing Ethereum tokens. Tornado Cash pools transactions to obscure their origins and make it more difficult to ascertain where digital currency was being transported. Now, an anonymous troll is sending Ethereum to celebrities from a Tornado Cash wallet, ostensibly to demonstrate how difficult it would be for the United States government to enforce...

Blockchain, Crypto regulation, Cryptocurrencies, Front page

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tornado cash

The US bans the Ethereum mixing tool Tornado Cash 

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In a notice made on Monday, the US Treasury Department placed the Tornado Cash website and a huge variety of Ethereum addresses on its Specially Designated Nationals list, prohibiting American citizens from utilizing the service or doing transactions with these addresses. What is Tornado Cash? Tornado Cash is an Ethereum network “mixer.” It enables Ethereum users to transmit ether (ETH) or ERC-20 tokens to the service to be...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, News

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The Merge - Ethereum

What is the Merge in Ethereum? 

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The Merge represents the joining of Ethereum’s existing execution layer (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step towards realizing Ethereum’s vision: more scalability, security, and sustainability. How The Merge happens Proof-of-work has been used to...

Blockchain, Cryptocurrencies, Ethereum, Featured, Front page

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