Friday, January 27

Tag: Ethereum

Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay
Shiba Inu

Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay

According to a recent tweet shared by a giant payment provider, BitPay, saying the Germany-based enterprise application Software Company SAP SE partnered with BitPay to offer Shiba Inu (SHIB) payroll payments. It is worth noting that Shiba Inu’s Partner, BitPay, recently chose the Germany-based enterprise apps software company SAP SE as a future work partner to enable crypto payroll payments.  Read Also: Users Can Now Create XRP Account On Metamask: PeerSyst Technology https://twitter.com/BitPay/status/1582110309573017600 It is good to know that via this collaboration, the Germany-based Software company will enable payroll payment on 15 cryptocurrencies, including Shiba Inu, Bitcoin (BTC), Ethereum (ETH), and others. Notably, the new development came following the growing...
The First Stage Of EVM-Compatible XRP Ledger Goes Live
Blockchain, Ripple News

The First Stage Of EVM-Compatible XRP Ledger Goes Live

In a recent tweet shared by RippleX, Introducing the first phase of bringing an Ethereum Virtual Machine (EVM) sidechain to the XRP Ledger. The XRP ledger seems to have been behind the curve in blockchain interoperability with the EVM, despite seeing massive growth in recent years. The whole thing will enter another level as the launch of the testing phase of XRPL’s EVM-compatible sidechain, as announced by the official Twitter account of XRPL Developers, RippleXDev. Read Also: Binance Exchange Remains Committed To Its Promise To LUNC Network As It Burns Over 2.5 Billion LUNC Tokens https://twitter.com/RippleXDev/status/1581998430246690817 It is worth noting that Ethereum presently holds the position of the most versatile and utilized blockchain in cryptocurrency. As popu...
Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges
Ethereum

Ethereum’s Price Experiences A Spike Following The Whales’ Deposit On Exchanges

Contrary to the expectation of the crypto industry, Ethereum's Price has not been encouraging post-merge, although there has been an increase in price which was traced to the massive deposit made by the Ethereum whales. In a recent tweet made by the CryptoQuant, the recent spike in price from the low $1,300 to $1,353 is traced to the massive deposit made by the Ethereum whale into the exchanges. Read Also: The LUNC Community Is Displeased With The Idea Of Terra Classic Re-Peg Proposal: Here's Why Per CryptoQuant; “Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price,” he asserted. https://twitter.com/cryptoquant_com/status/1577128372278378498 CryptoQuant also noted how the Whale behaviour has in times past led to an Ethereum price p...
Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live
Dogecoin

Dogecoin Becomes The 2nd Largest PoW As Merge Goes Live

Dogecoin now becomes the second largest coin in terms of mining post-Ethereum merge. As the Ethereum merge occurs on the 15th of September, it pave way for some changes in the crypto sphere which is the transition of Dogecoin from its 3rd position in terms of mining to the second following Bitcoin. Read Also: LUNC Burn Says LUNC Has No Association With Do Kwon Long before now, Dogecoin has been occupying the position 3rd position with Bitcoin and Ethereum ahead of the meme while the Ethereum Classic (ETC)  and Litecoin (LTC) after it. With a market capitalization of $8.04B at the time of reporting – per data from CoinMarketCap – Dogecoin still comfortably places itself in the 10th position of largest cryptocurrencies, considering all assets, including PoS tokens.  ...
Shadow Fork 13, The Final ShadowFork  Was Successful In Preparation For Merge, Goggle Starts A Countdown Timer For Merge
Ethereum

Shadow Fork 13, The Final ShadowFork Was Successful In Preparation For Merge, Goggle Starts A Countdown Timer For Merge

According to the tweet by Nethermind (Ethereum’s developers), he confirmed the successful completion of the final requirement, the shadow fork 13 which is highly required for the merge. https://twitter.com/nethermindeth/status/1568165172908261377 Shadow Fork 1 Was Implemented On April 11th, 2022 Recall, that the shadow fork aid developers in stress test synchronization assumptions to ensure the network in the course of the Ethereum upgrade. As far back as April 11th, 2022, Ethereum developers launched and implemented the Shadow fork 1. Read Also: SpendTheBits Is launched On The XRPL To Allow Faster And Low-Cost Bitcoin Transaction With Merchants, Who Accept Bitcoin As A Payment Method It is worth noting that the 13th shadow fork came after almost six months after the firs...
Ethereum Merge Is At The Corner As The Date For Bellatrix And Paris Upgrade Is Fixed
Ethereum

Ethereum Merge Is At The Corner As The Date For Bellatrix And Paris Upgrade Is Fixed

The long-awaited Ethereum merge is at the corner as all the public testnets are wholly and successfully upgraded. It is no news that the biggest upgrade the Ethereum community is waiting for is the merge. The idea of merging is to transit from the Proof-of-work to Proof-of-Stak. The PoW is said to be consuming a lot of energy which could be devastated nature in the nearest future. Read Also: Veteran Brandt Suggests That Shiba Inu Coin May Plunge Massive If It Drops Less Than $0.00001 Merge's Idea Is To Reduce Energy Consumption In this premise, the Ethereum developers have been researching to reduce the gas fee of the Ethereum smart contracts as well as the energy consumption. The Merge research started some time ago. According to the developers, for the merge to surface o...
Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain
Blockchain

Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain

As stated by Ethereum’s founder, Vitalik Buterin on his Twitter handle, giving his view on the need for more privacy in sending NFT to Vitalik.eth anonymously to everyone except him. Although, while a good number of people showed interest in blockchain because of its level of privacy, there are bad eggs that use the advantage to perform all kinds of hacks through the Tornado Cash developed by Ethereum. https://twitter.com/VitalikButerin/status/1556548617636556800 It is known while Butering was proposing the lightweight technology, the original author of the proposal Nerolation opts to use Zero Knowledge technology. Read Also: ApeCoin Now Becomes A Global Payment Method Via BitPay Read Also: Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment ...
Ethereum Active Surpasses 600,000 Ahead Of The Merge
Ethereum

Ethereum Active Surpasses 600,000 Ahead Of The Merge

The active ETH address increases ahead of the merge. As stated by Ali Martinez, a crypto analyst revealed on his Twitter handle on 25th July that active ETH address surpassed 600, 000 according to Glassnode data. https://twitter.com/ali_charts/status/1551818660368580608 As gotten from the Glassnode data, Ethereum now has over 604,888 active addresses. This increase in address might be an indication of network activity over time and this may be a result of the increasing demand for the native token of the blockchain. Read Also: Bloomberg Media Is Sued for Reporting False, Malicious, And Defamatory Statements About The Binance's CEO Read Also: Despite The Allegation Against The Terraform Labs, The U.S. Community Now Target Improving LUNC Via Burning Mechanism Although, the ...
MicroStrategy CEO Answers Some Questions On Ethereum; Is It A Security Or Commodity.
Ethereum

MicroStrategy CEO Answers Some Questions On Ethereum; Is It A Security Or Commodity.

The CEO of Microstrategy and renowned Bitcoin Bull, Michael Saylor has tagged Ethereum, the leading smart contract platform “A Security” Michael saylor named Ethereum "security" in an interview With Altcoin Daily displayed on YouTube. He went down by agreeing with the claims made by SEC chief Gary Gensler that Bitcoin is the only crypto that fit the description of being a commodity. Read Also: The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain He also said concerning Ethereum “I think it’s pretty obvious it’s a security. It was issued via an ICO [initial coin launch]. There’s a management team. There was a pre-mine.” Saylor says for a crypto to be labeled a commodity, there cannot be a dedicate...
The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain
Blockchain

The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain

Recall the update in Early 2022, Arbitrum talked about the launch of Arbitrum AnyTrust technology optimized for the ultra-low-cost transaction and very good security. As stated by Arbitrum’s official page, the largest Layer 2 network on Ethereum in terms of TVL is set to bring forth the AnyTrust technology by launching Arbitrum Nova Chain, its Mainnet is now open for developers to start building ahead of opening up to end-users. Read Also: Uniswap Has Been Laundered Via A Tornado Cash And 4259 ETH Was Stolen. https://twitter.com/arbitrum/status/1546560661282586626 As stated in the tweets, Arbitrum has two distinct chains on the mainnet that together can support just about every blockchain use case. https://twitter.com/arbitrum/status/1546560663778213888 Nova will be...