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Ethereum

Ethereum one step closer to its Proof-of-Stake (PoS) future

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Ethereum’s transition from Proof-of-Work to Proof-of-Stake is officially underway, with a successful test of the chain merger between the Eth2 Beacon Chain and the Ethereum mainnet. Together, these two chains will form the foundation of Eth2, which will include Ethereum moving away from energy-intensive mining and adopting more sustainable consensus methods. On March 15, the Ethereum Foundation announced that the merger had...

Blockchain, ETH2, Ethereum, Front page, Main

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What to do with Anchor Protocol in the long term?

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Terra’s native stablecoin, $UST, is used as the basis for Anchor, a decentralized return protocol that provides users with a fixed annual return of approximately 20% on deposits made to UST. During the first week of February, a governance proposal called for the Luna Foundation Guard (LFG) to inject $450 million into the Anchor yield pool to keep yields high. This caused problems to the protocol. Due to recent downward pressure...

$ANC, $UST, DeFi, Front page

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Europe will not ban Bitcoin

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Europe has decided not to ban Bitcoin or other cryptocurrencies based on Proof-of-Work mechanisms. The European Union Parliament has rejected a proposed provision that would have limited the use of digital currencies due to their environmental impact. The proposal was part of a broader bill aimed at regulating the mining and trading of digital currencies in the EU. This is great news for crypto advocates and the blockchain industry,...

Bitcoin, Cryptocurrencies, Ethereum, Front page

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Binance has listed Anchor Protocol token ($ANC) on its platform.

Terra Anchor Protocol-Based $ANC Token listed on Binance

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Binance, the biggest cryptocurrency exchange in the world by reported volume, has announced that the Anchor Protocol token ($ANC) will be listed on its platform. The exchange made the announcement today via a tweet. #Binance will list @anchor_protocol $ANC https://t.co/oFevO9BCkS— Binance (@binance) January 25, 2022 Anchor protocol also celebrated the news with a retweet. Love to see it. $ANC on @binance! https://t.co/cUyFwlRnhh—...

Binance, Cryptocurrencies, DeFi, Exchanges, Extra, Front page

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Russia bans crypto - Bitcoin falls

Russia bans crypto; Bitcoin falls

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The Central Bank of the Russian Federation (CBRF) demanded on Thursday that cryptocurrency trading, mining, and usage be prohibited in the country because they pose a threat to the well-being and financial stability of the Russian people and the country’s economy. According to a report issued by the central bank on Thursday, cryptocurrency exhibits all of the characteristics of a pyramid scheme and poses a danger to monetary policy autonomy....

Altcoins, Bitcoin, Coinbase, Cryptocurrencies, Front page

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