Ethereum’s big proof-of-stake blockchain switch could happen on September 15th

The Ethereum network has been on a years-long path to switch its energy-hungry proof-of-work blockchain to a more efficient proof-of-stake system, and now its developers are suggesting a date to make the switch. It’s not final yet, but on a call streamed via the Ethereum Foundation’s YouTube page, they decided to submit this pull request…

Ethereum’s London Hard Fork Expected to Launch on August 4

Ethereum’s long-awaited London hard fork is likely to launch on Aug. 4 between 13:00 UTC (9 a.m. ET) and 17:00 UTC, with block 12,965,000. Many Ethereum enthusiasts are excited for the delayed release, while some are watching on with “cautious optimism.” As a part of a roadmap designed to lead up to the release of…

Norway’s $6 Billion Company Aker Establishes Bitcoin Unit Seetee

Aker ASA, an Oslo-based $6 billion public company, announced today that it has established a dedicated unit to invest in Bitcoin. The newly established entity, Seetee will actively partner with other companies working in the Bitcoin ecosystem. According to the official press release, Seetee is initially capitalized with NOK 500 million ($58 million). Aker ASA…

Australia Taps Ethereum for Digital Dollar (AUD) Project

The Reserve Bank of Australia, the country’s central bank, is exploring the use of a central bank digital currency, a digital form of fiat currency issued by the state. The central bank is partnering with Commonwealth Bank, National Australia Bank, and Perpetual and ConsenSys Software on the project. Central bank digital currencies have been dominating…

Ethereum Breaks Multiple Records As ETH 2.0 Launch On 1st December Approaches

Ether (ETH) has hit multiple records amid news that Ethereum 2.0 could launch as early as Dec. 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit contract introduced the ability for users to deposit 32 Ether required to participate in staking. ETH 2.0’s beacon chain genesis will take place on Dec. 1…

Bitcoin Moves Closer To Mass Adoption With PayPal Addition

Bitcoin has rallied $1,000 in the last 24 hours after payments platform PayPal (PYPL) announced that it would begin accepting payments in digital currency. PayPal has over 26 million merchant accounts and 345 million users on its platform that will soon be able to buy, hold, and sell Bitcoin. The announcement also stated that Ethereum,…

Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations

One of the leading cryptocurrency exchanges in India, WazirX, today said they are gearing up to develop and launch their first decentralized finance product in partnership with the Matic network. In an announcement shared with Cointelegraph, the company said they will launch an automated market maker (AMM) protocol. Nischal Shetty, the CEO of WazirX, shared…

Coca-Cola Embraces DLT and Ethereum for Supply Chain Efficiency

The partner of Coca-Cola’s largest U.S.-based bottling company is expanding its use of blockchain to enhance efficiency across the beverage company’s supply chain. Coke One North America, or CONA, a partner of the largest United States-based Coca-Cola bottling company, will use The Baseline Protocol to enhance transparency and reduce friction in “cross-organization supply chain transactions.”…

Reddit To Launch Its Blockchain Based Points System On Ethereum

Through a video posted on Reddit, it is now clear that Reddit’s blockchain based points system will be launched on Ethereum’s blockchain. It is a huge boost to the Ethereum community at a time when it’s looking forward to implementing Eth 2.0. In the video, the Redditor recorded the phone screen detailing more of the…

Mastercard and Ripple’s Xpring Join Industry Group to Promote Blockchain Education

Blockchain accelerator MouseBelt announced Tuesday it has welcomed 11 founding members into its Blockchain Education Alliance. In addition to the card network, the new members include the innovation arms of payments startup Ripple and crypto exchange Binance; and representatives from Neo, KuCoin and ethereum scaling solution Matic Network. They will join the 13 companies, including…

Interest in Bitcoin, Blockchain Jobs Drops Off

While the number of jobs related to blockchain and cryptocurrencies such as bitcoin has skyrocketed in the past four years, the number of searches for those jobs has drastically dropped recently, according to job search site Indeed. Over the past year, the share of cryptocurrency- and blockchain-related job postings per million has slowed on Indeed,…

The Emergence Of Blockchain 5.0

Over the last few years, blockchain technology has progressed and penetrated the arena of technology, evolving at a pace faster than most other parallel domains. While the world is occupied with bigger players like Facebook getting involved in cryptocurrency, companies are making some revolutionary advancements for efficient use cases of the blockchain phenomenon. A lot…