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Ethereum Moves to PoS: What We Need to Know…? The second-largest cryptocurrency, Ethereum (ETH), is about to undergo massive changes. The date of The Merge, that is, the merger, has been repeatedly postponed, however, the transition date is already known - September 15-16, 2022. There are only a few weeks left before the most significant and large-scale event of the crypto market. Consider the upcoming event in more detail. general review This will be the first ever transition of a healthy Proof of Work blockchain to Proof of Stake. The merger is the merging of the existing Ethereum blockchain with its new Beacon Chain consensus layer. This step will allow the project to be upgraded for greater scalability, security and sustainability. The merger also removes the hassle of energy-intensive mining. But as expected, not all the ETH community is happy with the transition, as it creates a lot of difficulties for miners.  Is Ethereum Upgrade ETH-2? No, after the merger, there will not be two separate Ethereum networks – there will be only one single Ethereum. To avoid confusion in terminology, the community has updated the terms " ETH 1 " and " ETH 2 " for common understanding: "ETH 1" is now the "execution layer" that handles transactions. "ETH 2" is now a "consensus layer", which will work on the Proof of Stake mechanism. What is happening with ETH now? According to OKLink, miners have begun accumulating ETH in anticipation of the transition. Their total balance reached a three-year high of 255,000 ETH. As for the ETH rate, a change in the consensus mechanism can positively affect the dynamics of the coin. You can track the ETH/USDT rate on the KUNA platform .  CoinShark is not responsible for the content, accuracy, quality, advertising, products, or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from KUNA open sources. Readers should do their own research and analysis before taking any action. 
In hopes of limiting high risk in the crypto sector, Singapore is looking to make it more difficult for retail investors to join the market.
Cryptocurrencies have recently gained popularity as a new way to make a profitable investment, and many people are attempting to figure out which of them has the most potential to be profitable. Avalanche (AVAX) and Flow (FLOW) have earned their flowers as some of the most profitable crypto projects. Interestingly, Big Eyes Coin (BIG), a […] The post Big Eyes Coin Set To Launch With $1 Million Raised Already As Avalanche and Flow Investors Picks Interest appeared first on CryptoMode.
Several meme tokens have risen to prominence in the cryptocurrency sector. Some of them have achieved incredible heights and given enormous rewards to people who were able to jump on board early. Some even integrate extra utilities to provide investors with more excellent value.  Two popular meme coins are ApeCoin (APE) and Dogelon Mars (ELON). […] The post Big Eyes Coin May Outperform The Meme Coin Kings ApeCoin and Dogelon Mars appeared first on CryptoMode.
Metaverse coins have been delivering consistent value to investors due to the development and popularity of Web3 and metaverse concepts. Cryptocurrencies like Sandbox (SAND) and Axie Infinity (AXS) have performed impressively, and the developing Metamortals (MORT) are set to replicate their successes. For starters, the metaverse is a 3D virtual world that runs on the […] The post Metamortals Set To Fly Like Metaverse Counterparts, Sandbox, and Axie Infinity appeared first on CryptoMode.
The market volatility (especially that of the crypto market) brings about situations when some days the rate can change by 10–20% or more…Continue reading on Medium »
There have been predictions about the death of cash for a long time. Is that time now, or will cash outlive us all?Continue reading on Medium »
Kyle Roche allegedly approached Ripple's CEO with an idea to invest in a law firm that would target competitor firms with similar lawsuits that Ripple was facing in the U.S.
The announcement of a Paladin audit for Uniglo (GLO) is excellent news for the project and will likely result in a significant price increase. The audit will give the project more legitimacy since a reputable company is undertaking it. In addition, the audit will likely uncover any weak points in the Uniglo protocol and let the team deliver advanced and upgraded services. A successful smart contract audit already gives Uniglo a well-deserved spot alongside Fantom (FTM) and LidoDAO (LDO) in the top 100 cryptocurrencies and is likely to cause significant price increases in the coming months as they continue to build on their strong foundations. Why Is Paladin Audit Important? Audits are essential tools for organizations to maintain strong financial practices. The comprehensive evaluation of an organization's financial statement allows for the identification of any areas of improvement. Furthermore, audits provide organizations with a sense of accountability and ensure to follow best practices. An audit is a systematic review of an organization's financial statements and account books, typically conducted by an independent body. The purpose of an audit is to ensure that the organization is properly managing its finances and obeying financial laws and regulations.  The audit is also crucial because it will help identify which cryptocurrencies are the most promising and overvalued. In addition, the audit can help to prevent fraud and financial mismanagement. These updates from the audit will be valuable information for investors looking to invest in cryptocurrency. Speaking of Uniglo, its Paladin audit will likely safeguard the public interest by ensuring that the organization is accountable for its economic activities. After all, Paladin is a leading smart contract auditing company, establishing transparency and a user-centric approach to the services. Uniglo Is Rising Through The Ranks Uniglo is a new player in the decentralized finance (DeFi) market and seeks to provide potential investors the chance to acquire a social currency supported by a diverse asset portfolio. Investors who maintain a Uniglo Community Vault will also enjoy asset ownership, a feature uncommon among other cryptocurrencies. Another unique aspect of Uniglo’s protocol is its ultra-burn feature. This method burns 2% from each $GLO transaction and also destroys portions from already released $GLOs on the market.  The deflationary nature and constantly reducing supply is what gives Uniglo the power to hedge against volatility, and bonus points from the investors’ perspective. After just one week of its presale, Uniglo had already made a 25% increase. The boost was mainly driven by the KYC verification of Uniglo core team members by Coinsult. Thus, it’s highly anticipated that smart contract audits will gather more users and analysts around Uniglo. Will Uniglo Follow Fantom And LidoDAO? Fantom is a next-generation, scalable, smart contract platform enabling fast, easy, and secure access to decentralized applications. At the same time, LidoDAO is a decentralized lending platform that allows users to borrow and lend cryptocurrencies. The two companies have been climbing the charts since early November, and their ascent to the top 100 has been impressive. Both companies have been lauded for their innovative approach to decentralized finance, and their products have been met with great acclaim by the communities.  Though Uniglo is still in its early phase of ICO, nonstop development, upgrades, KYC verification, and audit by the world’s leading institution are bright indicators for ranking in the top 100 cryptocurrency investments.  Learn More About Uniglo: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Popular crypto analyst Michaël van de Poppe is plotting a bullish scenario for Ethereum (ETH) amid the hype surrounding the smart contract platform’s incoming upgrade. The crypto strategist tells his 623,800 Twitter followers that he believes Ethereum’s current pullback from its August high of around $2,000 is likely coming to an end. “Looking at a […] The post Here’s What’s in Store for Ethereum (ETH) Leading Up to The Merge, According to Analyst Michaël van de Poppe appeared first on The Daily Hodl.
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