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September 2022

Former Meta execs raise $300M to ‘accelerate adoption’ of Sui blockchain

Investors included FTX Ventures, Coinbase Ventures, Jump Crypto, a16z, Circle Ventures, among others. Mysten Labs, the company behind the yet-to-launch layer-1 blockchain Sui, has raised $300 million aimed at building core infrastructure and accelerating the adoption of its Sui blockchain ecosystem. The blockchain company, which was founded by former executives of social media giant Meta […]

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Argentine Tax Authority AFIP Strengthens Supervision, Finds Three Clandestine Cryptocurrency Mining Farms

The Argentine tax authority (AFIP) found three different clandestine cryptocurrency mining farms last week. The farms were located in San Juan and in the city of Cordoba. More than $600,000 in hardware was found at just one of these locations, and the high level of power consumed helped the institution track these farms. Argentine Tax

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THE ETHEREUM MERGE! Everything You Need to Know

THE ETHEREUM MERGE! Everything You Need to Know

Title: THE ETHEREUM MERGE! Everything You Need to Know The modern-day Ethereum Mainnet blockchain, which incorporates each transaction and clever agreement recorded considering Ethereum’s launch, may be merging with Beacon Chain, a separate Ethereum blockchain that changed into created in 2020. Since its beginning, Ethereum Mainnet has been secured with the aid of using a

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Meta lets users display NFTs on Facebook and Instagram

Meta lets users display NFTs on Facebook and Instagram

Title: Meta lets users display NFTs on Facebook and Instagram Meta will now allow customers publish their NFTs throughout each their systems with the aid of using connecting their wallets to publish the virtual collectables on Ethereum, Polygon and Flow. The employer has been running on this selection considering May and hasn’t showed in its

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What the Ethereum Merge means for the blockchain’s layer-2 solutions

Experts share their views on how the Merge would impact Ethereum’s scalability solutions in the form of layer-2 chains. ANALYSIS   Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating

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Coinbase backs lawsuit aimed at Treasury’s Tornado Cash sanctions

Felix Lipov / Shutterstock.com QUICK TAKE Coinbase backs the first legal challenge to the U.S. Treasury’s sanctions on Tornado Cash. The plaintiffs are several employees and associates, who — the firm hopes — will demonstrate that the decentralized mixing service is more than just a money laundering tool for North Korean hackers. Several employees of

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Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% gains ahead

Ether could enter the pattern’s breakout stage in the days leading up to the highly-anticipated Merge. MARKET ANALYSIS   Ethereum’s native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs. Ether paints classic bullish reversal pattern The bullish cues come from a classic technical

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Bitcoin Gives Hope Ahead of Powell’s Speech; What It Needs to Keep Uptrend

Cover image via www.youtube.com Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money

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Bitcoin holds steady as European Central Bank implements 75 bps rate hike

Bitcoin saw a slight sell-off on news the European Central Bank had hiked rates by 75 basis points, suggesting the actions were already priced in by the market. Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August,

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$LUNC: KuCoin Supports ‘1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community’

On Wednesday (September 7), crypto exchange KuCoin announced support for the 1.2% tax burn proposal of the Terra Clasic ($LUNC) community if “the proposal is officially approved and implemented” on the Terra Classic mainnet. What Is Terra Classic ($LUNC)? As Binance Research in an article published on 31 May 2022, Terra Classic, which was rebranded from Terra,

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