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Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive

Ethereum’s Highly Awaited “London Hard Fork” Is Now Alive

The London Hard Fork – the major updated to Ethereum – is currently underway. Here are the key details of the upgrade.

Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week

Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week

Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.

Burnt Ethereum Edges Closer to a Billion-Dollar Value

Burnt Ethereum Edges Closer to a Billion-Dollar Value

After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.

Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow

Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow

Burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021

With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute.

Imperial College London Partners with FluidAI to Address Digital Asset Market Inefficiencies

Imperial College London Partners with FluidAI to Address Digital Asset Market Inefficiencies

Imperial College London, a top-ranking UK university, has announced a strategic partnership with the fintech startup FluidAI on August 21. The collaboration aims to address and rectify inefficiencies in the digital asset market using advanced artificial intelligence (AI) technologies.

Blockstream Raises $210M And Acquires an Israeli Bitcoin Mining Gear Firm

Blockstream Raises $210M And Acquires an Israeli Bitcoin Mining Gear Firm

Blockstream has raised funding and acquired mining hardware manufacturer Spondoolies to accelerate its Bitcoin mining capabilities.

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.

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