Month: September 2022

FTX Partners With GameStop As SBF Spreads His Wings

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FTX is a Bahamian cryptocurrency exchange launched in 2019 and headed by CEO Samual Bankman-Fried. The firm separates itself from other massive cryptocurrency exchanges in the space as It is a crypto derivative exchange built to offer futures, leveraged tokens, and OTC trading alongside more common digital assets. The exchange is backed by Alameda Research, …

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Ethereum Classic Benefits as Miners Search for New Home

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Ethereum’s long-anticipated shift from its current Proof-of-Work to a Proof-of-Stake consensus mechanism known as The Merge is expected to occur in the next week. Although the shift will significantly reduce the environmental impact of confirming transactions using PoW, it will also put an end to Ethereum Mining. Ethereum miners use specialized equipment to operate nodes …

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