By CD Read more: CoinDesk “The current state of backwardation reflects the general market view that ETH will fall following the Merge, but this could be short-lived,” one observer said.Publish at: August 24, 2022 at 01:25PM

By CD Read more: CoinDesk “People are attracted to different coins for different reasons, whether that’s a store of value or a medium of exchange,” said Coinme CEO Neil Bergquist.Publish at: August 24, 2022 at 12:58PM

By CD Read more: CoinDesk The report said that the network consumed power equivalent to fifteen U.S. households in a year.Publish at: August 24, 2022 at 12:33PM

By CD Read more: CoinDesk Ethereum will soon transition to a more energy-efficient system for processing transactions, but prominent crypto personalities are hell-bent on keeping the energy-hungry version of the chain alive. Why?Publish at: August 24, 2022 at 12:30PM

By CD Read more: CoinDesk Chinese technology company Ant Group, an affiliate of Alibaba, is working with Kenanga Investment Bank on Malaysia’s first “SuperApp,” which will include crypto trading, e-wallets and portfolio management.Publish at: August 24, 2022 at 12:11PM

By CD Read more: CoinDesk Ben Armstrong, known as BitBoy Crypto on YouTube, filed a defamation lawsuit against Erling Mengshoel, Jr., aka Atozy, for comments made in a video last November. Armstrong alleges he sustained damages in excess of $75,000.Publish at: August 24, 2022 at 10:02AM

By CD Read more: CoinDesk The liquidators of defunct hedge fund Three Arrows Capital have secured a crucial court decision in Singapore that will provide clarity on assets held in the region.Publish at: August 24, 2022 at 08:09AM

By CD Read more: CoinDesk “There’s no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on,” said Devin Walsh, the community member who authored the initial proposal.Publish at: August 24, 2022 at 04:04AM

By CD Read more: CoinDesk Michelle Bond – one of the most prominent cryptocurrency advocates in this year’s U.S. congressional races – lost her bid to be the Republican candidate for her New York district.Publish at: August 24, 2022 at 03:52AM

By CD Read more: CoinDesk Bitcoin and Ether were roughly flat over the past 24 hours.Publish at: August 24, 2022 at 03:11AM