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Ethereum developers have decided to include EIP 1559 in the London hard fork scheduled for July. EIP 1559 implies burning ETH when paying commissions. Based on the results of the last meeting of Ethereum developers, it was decided to include EIP 1559 in the London hard fork in July this year, despite the dissatisfaction of the miners. Five more EIPs could also be included in the update. EIP 1559 will greatly change the transaction –
Ripple is testing a closed version of the blockchain that will provide central banks with a secure, controlled and flexible solution for issuing and managing government cryptocurrencies. According to an article on Ripple’s blog, the company is testing a new proprietary version of the XRP Ledger, which is specifically designed to issue government cryptocurrencies. According to the company, this is a “revolutionary solution” based on the same technology as the original blockchain. CBDC Private Ledger
The Meerkat Finance decentralized finance project on the Binance Smart Chain blockchain reported the theft of $ 31 million worth of crypto assets. There are suspicions that the organizers of the project could have stolen them. The startup closed just a day after launch. The Meerkat Finance team reported in Telegram that a hacker attack was carried out on the vault, during which about 13 million BUSD and 73,000 BNB were stolen for a total
Indian energy company Tata Power DDL and India Smart Grid Forum (ISGF) are working with Power Ledger to test a blockchain-based platform for selling solar energy. Tata Power DDL serves over 7 million residents of North Delhi. The firm is a joint venture between Indian energy giant Tata Power and the National Capital Territory of Delhi. ISGF is a think tank that includes many of India’s ministries, utilities, technology providers and researchers. The pilot project
Banco de Bogotá, one of the oldest Colombian banks, will participate in a pilot cryptocurrency project under the control of the Colombian Financial Authority. The management of Banco de Bogotá announced that testing of the project will begin this month, and certain clients of the bank will become its participants, who will carry out cryptocurrency transactions in a limited volume. Banco de Bogotá customers will have the opportunity to purchase cryptocurrencies for Colombian pesos and
Litecoin creator Charlie Lee criticized the non-fungible token (NFT) industry, comparing it to the ICO boom in 2017. Lee believes the surge in NFT’s popularity has a lot to do with the ICO mania in 2017 and even the altcoin craze in 2013. According to Lee, the similarity of NFT, ICO and numerous forks of 2013 lies in the absence of barriers to their creation, and all this is aimed at massively attracting people to
At the annual meeting in Beijing, Chinese legislators will discuss the possibilities of the digital yuan, as well as its further testing and use cases. The meeting will be organized by the People’s Political Consultative Council of the People’s Republic of China (CPPCC) and the National People’s Congress of China (NPC). More than 5,000 local politicians will take part in the discussion, during which the priority tasks of the state for the year will be
The Chinese government platform Blockchain Service Network (BSN) has announced a partnership with TON Labs to develop applications based on the TON protocol. TON Labs will provide BSN developers with access to the Free TON blockchain, created on the basis of Telegram developments, which will allow creating various applications based on TON technology. The protocol will be adapted in accordance with the requirements of Chinese law, and will be integrated with BSN as an open
New York-based e-commerce provider OLB Group has added support for BTC, ETH, USDC and DAI payments for 8,500 US merchants through the OmniSoft business management platform. According to the company, customers wishing to pay with cryptocurrency in-store or with a mobile phone can make payments in BTC, ETH, USDC and DAI through their cryptocurrency wallet. All payments are processed through SecurePay, a payment gateway that authenticates the transaction, converts the cryptocurrency into USD and confirms
FD7 Ventures, a cryptocurrency fund from Dubai, will sell $ 750 million worth of BTC next month and use these funds to buy cryptocurrencies from the Cardano (ADA) and Polkadot (DOT) projects. FD7 Ventures holds more than $ 1 billion in assets, and a significant portion of these assets are in bitcoins. But now the management of FD7 Ventures believes that bitcoin has already become “useless”, having completed its task. Today, bitcoin fell to $