Ethereum’s Latest Progress Toward Proof-of-Stake

This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here. An under-the-radar rendezvous of core Ethereum developers took place in Greece last week, with major progress being made toward the Merge. According to ConsenSys’ Ben Edgington, a Beacon Chain … Read moreEthereum’s Latest Progress Toward Proof-of-Stake

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from … Read moreBitwage Raises $1.5 Million in Latest Funding Round

China’s Latest Anti-Crypto Transaction Stance Raises New Concerns for Chinese Users

China last week declared all cryptocurrency-related business transactions as illegal financial activities. Added to the Evergrande crisis, the new statement – as issued by the Chinese authorities – adversely affected the crypto market causing a sharp drop to be recorded across the board. The entire market cap dropped below the $2 tln mark and it also brought hashprice down … Read moreChina’s Latest Anti-Crypto Transaction Stance Raises New Concerns for Chinese Users