Ethereum Update Set to Undergo Ropsten Testnet, Completion to Mark Readiness of ‘Merge’

Ethereum Update Set to Undergo Ropsten Testnet, Completion to Mark Readiness of ‘Merge’

The eco-friendly upgrade to the Ethereum blockchain is gearing up to undergo the Ropsten Beacon Chain testnet, one of the longest-existing proof-of-work (PoW) testnet. Basically, the Ropsten testnet is the most popular replica of the Ethereum network. It is capable of imitating the aspects of the ETH mainnet, making it…

Ethereum’s Eco-Friendly Revamp ‘Merge’ May Go Live in August, Unless a ‘Difficulty Bomb’ Explodes

Ethereum’s Eco-Friendly Revamp ‘Merge’ May Go Live in August, Unless a ‘Difficulty Bomb’ Explodes

Ethereum, the popular and largely commercialised blockchain, is currently undergoing a software revamp after which, its functioning would be more energy efficient and eco-friendly. Preston Van Loon, a developer working on Ether 2.0, has said that if everything goes according to their current plans, the ‘Merge’ would be ready for…

BTC Exceeds $30,000 in Value as Overall Crypto Price Chart Reflect Gains for Most Cryptocurrencies

BTC Exceeds $30,000 in Value as Overall Crypto Price Chart Reflect Gains for Most Cryptocurrencies

After being red in losses for most of this week, the crypto price charts seem to be jumping back to health at a gradual pace. Bitcoin on Friday, May 20, opened trading at $31,728 (roughly Rs. 24.5 lakh) with minor gains of 2.60 percent as per Indian exchange Coinswitch Kuber….

ETH, BTC Whales Trigger Massive Transfer Period Despite Market Slowdown, Data Shows

ETH, BTC Whales Trigger Massive Transfer Period Despite Market Slowdown, Data Shows

Ethereum whales are triggering a major transfer period for Ether cryptocurrency, despite the overall crypto market currently struggling with losses. On May 11, Wednesday, Ethereum whales completed 2,956 transactions marking a five-month high. Each of these transactions valued over $1 million (roughly Rs. 7 crore). The data was collected by…

Dubai’s Real Estate Player Damac Properties Adds Bitcoin, Ethereum as Payment Options

Dubai’s Real Estate Player Damac Properties Adds Bitcoin, Ethereum as Payment Options

The crypto culture seems to be on an expansion in parts of the United Arab Emirates (UAE). In a latest development, Dubai-based real estate developer Damac Properties has decided to accept payments in the form of cryptocurrencies. Bitcoin and Ether, the top two cryptos in-terms of valuation, have been declared…

Bitcoin, Ether Price Tank by Close to 5 Percent as Traders Fail to See Immediate Upside

Bitcoin, Ether Price Tank by Close to 5 Percent as Traders Fail to See Immediate Upside

Bitcoin and the broader cryptocurrency market once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday. In terms of value, Bitcoin’s price failed to stay above the $40,000 (roughly Rs. 30.5 lakh) mark across exchanges like CoinMarketCap, Coinbase and Binance. At the time of writing,…