The Ethereum blockchain underwent the Shanghai upgrade last week, but has not seen any upheaval in the market that was predicted by members of the crypto community. The withdrawals of staked ETH tokens amounted for only over 1 million tokens over the last five days. This did not shake up the crypto market as expected, … Read more
The software that underpins the second-biggest crypto coin ether was upgraded on Wednesday and is online, cryptocurrency exchange Binance said in a tweet. The move will give investors access to more than $30 billion (roughly Rs. 2,45,877 crore) of the digital tokens. Known as Shapella, the latest upgrade to the Ethereum blockchain since its Merge … Read more
Ethereum’s second major update named Shanghai is just some hours away from being completed on the blockchain. It is estimated that ETH tokens amounting between $22.38 billion (roughly Rs. 1,82,520 crore) and $33 billion (roughly Rs. 2,70,900 crore) are currently staked on the blockchain. The Shanghai upgrade will let people withdraw their staked Ether, bringing … Read more
Before we understand zkEVMs (Zero-Knowledge Ethereum Virtual Machines), let’s understand some key concepts. A blockchain is like a digital notebook that securely records transactions without needing someone to keep an eye on it. Ethereum is a popular blockchain that can do even more, like making agreements called ‘smart contracts’ that automatically do things for us, … Read more
The Cardano blockchain has marked the completion of its latest Valentine upgrade, that brings a bunch of network improvements. The eco-friendly proof-of-stake (PoS) blockchain announced the development on February 14, Valentine’s Day. The upgrade is now live on the Cardano mainnet and will expand the cross-chain interoperability for developers as well as for the holders … Read more
India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India and Indus Law said the … Read more
Ethereum blockchain is set to get the functionality of letting stakers withdraw their tokens with its upcoming Shanghai update. The shadow mainnet for this upgrade has been successfully deployed, developers working on it confirmed on January 23. This shadow fork will be used to test if the upgraded blockchain is capable of allowing the withdrawal … Read more