Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%

On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more

Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals

According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet for the highly anticipated Shanghai hard fork in February 2023, with the mainnet implementation tentatively scheduled for March. Ethereum’s core developers emphasized that staked withdrawals are a priority and code related to EVM Object Format … Read more

Bank of Russia Aims for Full Launch of Digital Ruble in 2024

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital currency continues, the monetary authority intends to gradually connect various financial institutions to the … Read more

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With … Read more

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in … Read more

‘A Drop-in Replacement for ABC’ – BCH Devs Release Bitcoin Cash Node Software

On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the Infrastructure Funding Proposal (IFP). Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version … Read more

Crypto-Community Debates Bitcoin Core Bug and a ‘Forced Upgrade’

This week the cryptocurrency community has been discussing and dealing with the critical vulnerability that was found in the Bitcoin Core (BTC) reference client. Many observers are calling the bug one of the worst issues BTC has had in years, comparing the exploit to the March 2013 mandatory hard fork. In fact, in the eyes … Read more

Nchain Plans to Launch a BCH Full Node Client Called ‘Bitcoin SV’

On Thursday, August 16 the blockchain research and development firm Nchain has officially announced a new Bitcoin Cash (BCH) full node implementation is in the works called Bitcoin SV (Satoshi’s Vision). Nchain says the full node client was developed at the request of the mining pool Coingeek and other BCH miners who support Satoshi’s “original … Read more

Emin Gün Sirer Discusses Cryptocurrency Academics and Proof-of-Stake

At the Satoshi’s Vision Conference in Tokyo, our Bitcoin.com video host Mike Malley chatted with the Cornell CS professor Emin Gün Sirer about on-chain scaling and the Bitcoin Cash network.   Also Read: ABC Developer Amaury Séchet on the Future of Bitcoin Cash The Academic Side of Blockchain Technology and Cryptocurrency Solutions Emin Gün Sirer is … Read more