Update Blog

China has banned cryptocurrency transactions, mining, and outright outlawed cryptocurrencies. This ban was implemented in stages, first banning domestic crypto mining in June and then prohibiting all cryptocurrencies in September. The ban was put in place to curtail financial crime and prevent economic instability. The ban on crypto transactions in China has had significant impacts … Read more

The Crypto Ethereum Merge is the joining of Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet to transition the Ethereum blockchain off the legacy proof-of-work (PoW) system. This merge eliminates the need for energy-intensive mining and secures the network using staked ETH. It marks an important shift in Ethereum’s consensus mechanism and has significant … Read more