The Merge brings down Ethereum’s network power consumption by over 99.9%
Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year.
Cosmos Hub postpones vote date following white paper revision
A revised vision of the Cosmos Hub is now expected to be on chain for voting on Oct. 31, after being originally scheduled for Oct. 3.
UK Prime Minister Rishi Sunak’s win was a victory for crypto
Cryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry.
Terra co-founder Do Kwon faces $57-million lawsuit in Singapore
The lawsuit alleges Kwon and others made fraudulent claims on UST “either well knowing that they were false and untrue, or recklessly not caring whether they were true or false.”
Bitcoin price broke out this week, but has the trend changed?
BTC’s price attempted to break out of range before retesting underlying support. Is a trend change at hand, or will the price continue to consolidate?
Crypto exchange Coincheck plans Nasdaq listing in July 2023
The company’s financial statements showed a decline in operating revenue and income due to the crypto bear market.
THORChain network resumes following 20-hour chain halt
The network was halted on Oct. 27 after the team said a bug had caused “non-determinism between individual nodes.”
Here is why strong post-Merge fundamentals could benefit Ethereum price
An increase in staked ETH, lucrative yield on liquid staked ETH tokens and deflationary tokenomics are possible bullish factors for Ethereum price.
Compound pauses 4 tokens to avoid price manipulation: Finance Redefined
The last week of October turned bearish for the DeFi market despite the string of hacks, as the majority of the DeFi protocols registered bullish weekly gains.
Binance may form a team to support Twitter’s blockchain efforts
Binance also confirmed that it helped finance Elon Musk’s acquisition of the platform with $500 million.