From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warning...
Tag: Impact
What Would Be The Ethereum Merge Impact On Cryptocurrency Miners
Miners of both Bitcoin and Ethereum are still thriving regardless of the crypto winter. The revenue generated by Ethereum miners surpasses that of Bitcoin miners, according to the 2022 record. The gro...
How Solana is bridging the gap between web3 and the physical world
Episode 72 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Solana Labs Co-Founder and COO, Raj Gokal. Listen below, and subscribe to The Scoop on Apple, Spotif...
Will Miners Move To Ethereum Classic Impact Merge? Here’s What Vitalik Buterin Think
Ethereum’s co-founder Vitalik Buterin on Saturday said the Ethereum transition from proof-of-work (PoW) to proof-of-stake (PoS) is unlikely to be affected by miners moving to Ethereum Classic. Buterin...
How Ethereum Merge Will Impact Crypto Miners?
Following Ethereum Merge, ETH miners could be faced with a loss of jobs. Meanwhile, Ethereum (ETH) miners have recorded higher revenue than Bitcoin (BTC) miners in 2022. Despite the devastating effect...
Bitcoin mining stock report: Tuesday, August 2
Most bitcoin mining companies were up in the stock market on Tuesday. The coin was trading at around $23,000 by market close, according to TradingView. Cipher Mining, Core Scientific and Hive Blockcha...
Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role
Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company’s earnings report revealed Tuesday. The firm, which holds more than 129,699 BT...
Nomad cross-chain crypto bridge suffers $190 million exploit
A possible exploit of the Nomad cross-blockchain bridge has resulted in the outflow of millions of dollars worth of crypto. The still-developing situation appears to have begun just after 5:30 EDT. In...
Bitcoin mining stock report: Monday, August 1
About half of the bitcoin mining companies tracked by The Block were up and the other half were down on the stock market on Monday. The coin was trading closer to $23,00o at market close, after climbi...
SEC charges Forsage founders, promoters in $300 million crypto Ponzi scheme lawsuit
On Monday, the Securities and Exchange Commission charged 11 people as part of an alleged $300 million global crypto pyramid and Ponzi scheme. Retail investors were allegedly bilked by Forsage, which ...
Impact Of Deebo Samuel Contract Extension On The San Francisco 49ers
Deebo Samuel signed a huge contract extension with the San Francisco 49ers on Sunday. (Photo by … [+] Brian Rothmuller/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images All of t...
Ethereum [ETH]: All you should know about the full impact of its Merge reveal
Ethereum appears to be on the right trajectory after a month of redemption. ETH started the month priced a little above $1,050, but is about to end it at around $1,700. On the back of a wider market u...
FTX gets green light to operate fully in Dubai
Crypto exchange FTX has received the green light to operate an exchange and clearing house services in Dubai, United Arab Emirates, the firm announced today. FTX Exchange FZE, a subsidiary of FTX Euro...
Babel Finance lost over $280 million in proprietary trading with customer funds
Babel Finance, the troubled Asian crypto lender that abruptly halted client withdrawals last month, suffered heavy losses due to proprietary trading with customer funds, according to its restructuring...
How will the PoS transition impact the ETH ecosystem?
The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum 2.0, or Eth2. E...
Impact investing opportunities with Vanguard despite ESG concerns
It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governa...
Crypto market contracts as the Fed’s next interest rate decision looms
Crypto markets traded down Tuesday ahead of tomorrow’s US Federal Reserve interest rate announcement. The Fed is widely expected to increase the US federal funds rate by 75 basis points tomorr...
Apple and Amazon Q2 Earning Reports Incoming: Can This Impact Crypto?
Word on the street is big tech earnings by FAANG companies for quarter two might disappoint. The question is if this will have an impact on the broader market and, consequently – cryptocurrency. Apple...
Some Events Happening This Week That Could Impact Crypto Prices
The Crypto market continues to hold up nicely BTC Price at the time of writing – $21,262.46 United States GDP will be released for the second quarter of 2022 The crypto market resembles any monetary m...
IMF Claims Crypto Sell-Off Won’t Impact Broader Financial Stability
In a July 26 report, the International Monetary Fund (IMF) refuted the idea that the crypto losses of the past few months will spill over to traditional finance. Instead, it leans towards fears of rec...
Limited Impact From Crypto Crash But Global Recession Likely
In its World Economic Outlook update for July, the International Monetary Fund said that 2022 has been “gloomy and more uncertain.” The report, published on July 26, noted that a “dramatic sell-off” o...
Crypto Traders Split on Upcoming Fed Rate Hike’s Impact on Bitcoin
“There is no doubt that Powell will pivot, but the pivot will not be this year, at least until November, and there will be no significant reduction in rate hikes (like 25 bps). The reason is tha...
Sustainability and impact focused Topl blockchain closes $15 million round
Topl, the creator of a purpose-built blockchain that helps companies track sustainability initiatives, closed a $15 million Series A round. \n Founded in 2017, Topl’s blockchain protocol helps corpor...
Is Tesla’s Bitcoin Liquidation Impact The Crypto Market?
Tesla just released its Q2 earnings report. According to the report, the company sold $75% of its Bitcoin (BTC) assets, for a total of around $936 million. Additionally, due to changes in the carrying...
Thailand SEC to investigate impact of Zipmex’s withdrawal freeze
Thailand’s Securities and Exchange Commission (SEC) has launched a public investigation to ascertain the impact of losses incurred by users following the suspension of withdrawals on the Zipmex platfo...
How will the “Everything Bubble” bursting impact crypto?
Recent events have demonstrated how brutal crypto investing can be. Since the market top, some eight months ago, approximately $2 trillion of capital has left the space leading to plunging prices. To ...
How Crypto and Web 3.0 Will Impact YouTube
The numerous ways cryptocurrency and Web3 have been beneficial to industries are sometimes underrepresented. Businesses, entrepreneurs, investors, and individuals are reaping the rewards of recent adv...
Bitcoin mining stock report: Wednesday, July 20
Bitcoin mining stocks were up on Wednesday, some by double digits, as the coin’s value temporarily surpassed $24,000. At the time of market close, bitcoin’s price was around $23,7000, acco...
Tesla’s Bitcoin dump of $936M- Breaking down its impact on BTC
The world’s largest electric car company, Tesla, held Bitcoin [BTC] worth billions of dollars for a long time. The company claimed not to have sold any of its BTC after investing another $1.5 billion ...
UK Treasury unveils plan to regulate stablecoins in Financial Services and Markets bill
The UK unveiled its Financial Services and Markets bill in Parliament on Wednesday – a set of legislation that includes guidelines on the safe adoption of cryptoassets. Nadhim Zahawi, who stepped int...
Polygon price forecast: how will the zkEVM announcement impact its future value?
Polygon (MATIC/USD) is essentially a scaling platform specifically created for the Ethereum (ETH/USD) blockchain that aims to give developers access to the ability to build scalable decentralized appl...