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With the Ethereum Merge only days away, crypto analysis company CoinGecko has looked into which countries are most interested in the imminent upgrade. According to CoinGecko reports, Singaporean crypto holders lead several others in terms of interest in Ethereum’s imminent historic milestone. Singapore’s "ETH Merge” Searches Eclipse US, Canada Ethereum’s dev team has confirmed that the network’s shift to the Proof-of-Stake consensus mechanism will occur between September 13 and 15. As the upgrade has been in the works for years,…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1.05 trillion. Bitcoin has increased by nearly 10% this week. Ethereum gained almost 14% over the past seven days. XRP is up by nearly 8% this past week. Almost all altcoins are trading in the green, with few exceptions. The DeFi sector increased the total value protocols (TVL) to around $32 billion. Crypto Trends…

Charles Hoskinson – CEO of Input Output Global (IOG) and co-founder of Cardano – delivered a warning to the Bitcoin community on Thursday. According to the White House’s latest report, bureaucrats are recommending a potential Bitcoin mining ban to combat excess energy use. As such, Hoskinson suggested that Bitcoin transition to a new consensus algorithm stay within U.S. borders.  https://twitter.com/IOHK_Charles/status/1568004482042310656 The CEO examined page 7 of the White House’s report, titled “Climate and Energy Implications of Crypto-Assets in the United…

Coinberry – a Toronto-based cryptocurrency exchange – recently disclosed losing 120 BTC to customers in a lawsuit targeting the perpetrators.  One target of the lawsuit is Binance, an exchange that Coinberry alleges helped launder some of the stolen funds.  As reported by the Financial Post, the loss had never been revealed until Coinberry’s lawsuit was filed in June. The lawsuit explains that customers stole Bitcoin from Coinberry in 2020 by exploiting a software bug exploiting interac e-transfers.  Users could e-transfer…

According to circulating reports, on Thursday, September 8 DeFi project New Free DAO fell victim to a series of flash loan attacks. The exploits may have seen the company suffer losses scaling $1.25 million causing the value of its native token to tank. Notably, the price of the NFD token has fallen by about 99% following the attack.  PeckShield Sounds the Alarm News of the attack initially emerged via a report from blockchain security firm PeckShield Alert. The company sounded…

Crypto brokerage firm Voyager Digital is set to auction off the rest of its assets on Tuesday, September 13. News of the move emerged after the platform filed a notice with the U.S. Bankruptcy Court of the Southern District of New York.  Auction to Take Place On September 13 According to the filing, the auction will hold in Manhattan at the offices of Voyager’s investment bank Moelis and Company. Afterward, on September 29, the court will conduct a hearing to…

Samson Mow – a popular Bitcoin advocate and developer – recently commented on Binance’s decision to remove USDC trading from its platform.  He called it “the beginning of the end for USDC,” predicting that it will drastically reduce the coin’s usage and market cap.  How Binance Can Steal Circle’s Reserves In a Twitter thread on Wednesday, Mow dismissed attempts from certain industry leaders to place a “positive spin” latest move.  “You can say it’s good UX for USDC users, but…

Long-running tension between the Ethereum Classic Community and Cardano founder Charles Hoskinson appears to have gathered steam once more. Hoskinson slammed the platform in a tweet as he responded to allegations from a vocal Ethereum Classic advocate with the username “SETHMCCORMACK9.” Hoskinson Fires Back at Accusations of Plans to “Milk ETC” The accusatory post claimed Hoskinson was looking to take advantage of ETC by imposing a 20% miner tax.  No drama, just saying that SHA-3 and also a treasury was…

The third largest Bitcoin address just bought another 478 Bitcoin for roughly $9 million. This brings the anonymous whale’s Bitcoin holdings above 136,000 coins, worth over $2.5 billion.  Per data from Bitinfocharts, the address holder added 478 Bitcoin to his wallet at 16:05 EST on Tuesday. Each coin was bought at an average price of $18,900, making the total purchase $9,000,187. His new balance is 136,382 Bitcoin – worth more than MicroStrategy’s last report numbers of 129,600 Bitcoin.  It’s the…