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Nigeria to Create Virtual Free Zone With Crypto Exchange Binance
The Nigerian Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance over plans to create a virtual free zone focusing on blockchain and the digital economy, the agency said. “The Hash” panel discusses what this means for the country’s crypto adoption and regulation.
Bellatrix Upgrade Starts Final Countdown to Ethereum Merge
The activation of the Bellatrix upgrade on the Ethereum blockchain marks the beginning of the Merge, which will likely be completed sometime around Sept. 13-16. "The Hash" panel breaks down the long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoS).
NFT Software Firm Dust Labs Raises $7M in Seed Round
Non-fungible token (NFT) software company Dust Labs has raised $7 million, announced during the pandemonium for its Solana-based y00ts NFT minting on Monday. “The Hash” panel shares outlook on NFT market growth amid a crypto winter.
Binance to Stop Supporting USDC
Binance, issuer of third-biggest stablecoin, announced it will automatically move customers' funds to its Binance USD (BUSD) token from alternatives, including the larger USD Coin (USDC). "The Hash" panel discusses what this means for stablecoin regulation and the competition between BUSD and USDC.
Global Transactions of NFTs to Reach 40M by 2027: Juniper Research
According to Juniper Research's data, global transactions of NFTs will rise from 24 million in 2022 to 40 million by 2027. Juniper Research Head of Research Nick Maynard shares his NFT growth outlook amid a bearish market.
House’s Stablecoin Bill Likely to Face Major Delays as Negotiations Continue
The congressional efforts toward stablecoin oversight could face fatal delays as negotiations in the House Committee on Financial Services drag out further than the calendar is likely to allow. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Which Country Is Leading Global NFT Adoption?
Europe lags behind North America and Asia Pacific's rate of NFT adoption, Juniper Research Head Nick Maynard shares. He breaks down the regional difference in NFT adoption as the company predicts global transactions of NFTs will reach 40 million by 2027.
Ethereum Classic's 28% Rise Is 'a Short Term Fad,' Toroso Investment Exec Says
Ethereum Classic (ETC) has emerged as an unlikely winner ahead of Ethereum Merge event as ETC tokens surged close to 30% in the past 24 hours. However, Michael Venuto of Toroso Investments says this jump is "a short term fad." He dissects the crypto markets as the final countdown to the Merge begins.
How Will Ethereum's Shift to PoS Affect Bitcoin?
"Ethereum aims to be a global settlement layer, that being everything can settle on Ethereum, even bitcoin included in the far future," says core developer Preston Van Loon. He breaks down how the Merge will potentially impact Bitcoin's proof-of-work consensus mechanism.
The Final Countdown to the Ethereum Merge Has Officially Begun
The Bellatrix upgrade, Ethereum’s final upgrade before the historic move to proof-of-stake, activated on Ethereum’s Beacon Chain Tuesday, setting the rest of the “Merge” activation process in motion. Prysmatic Labs co-founder and Ethereum Protocol Developer Preston Van Loon discusses what this means for the Ethereum community, also addressing Ethereum’s energy consumption and security concerns.