Fortnite has taken the gaming world by storm with its addictive gameplay and captivating Battle Royale mode. Many players find themselves engrossed in this virtual world, spending countless hours honing their skills, completing challenges, and battling it out for victory. With such dedication, it’s only natural for players to wonder just how many hours they have devoted to the game. Fortunately, Fortnite provides an easy way to view your playtime, allowing you to track your progress and perhaps gain some perspective on your gaming habits. Here’s how you can view the number of hours you’ve played on Fortnite. Firstly, it’s…
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Societe Generale, one of France’s leading financial institutions, has received the first-ever crypto license in the country for its digital asset division called FORGE. This groundbreaking development marks a significant turning point for the mainstream adoption of cryptocurrencies in France. The license, granted by the French Prudential Supervision and Resolution Authority (ACPR), allows Societe Generale to offer custodial services for digital assets such as Bitcoin and Ethereum. This means that the bank can safely and securely hold and manage these cryptocurrencies on behalf of its clients. FORGE, launched by Societe Generale in 2019, aims to offer an institutional-grade platform for…
In a surprising turn of events, a substantial sum of pre-mined Ethereum (ETH) coins, originating from the initial 2015 fundraising round, has been suddenly transferred from its designated address. The total amount transferred accounts for a staggering $116 million worth of ETH, which has left the cryptocurrency community puzzled and on high alert. To understand the gravity of this situation, one must comprehend the concept of pre-mining. Pre-mining refers to the creation of a certain number of cryptocurrency coins before the project is launched to the public. In the case of Ethereum, a portion of the total coin supply was…
Celo Blockchain, an open-source blockchain platform focused on creating a financial system that’s accessible to everyone, is gearing up for a major transition. The platform has announced its plans to shift to the Ethereum Layer-2 network, a move that is expected to bring several benefits to its users. By moving to Ethereum’s Layer-2 network, Celo Blockchain aims to address some of the scalability and high transaction fee challenges that have become increasingly prevalent on the current blockchain. Layer-2 solutions are designed to provide additional capacity and reduce congestion on the Ethereum network, making it more efficient and cost-effective for users.…
Unstoppable Domains, a blockchain domain provider, has recently partnered with Ethereum Name Service (ENS) to extend its services by adding .eth domains. This collaboration is set to revolutionize the way individuals interact with decentralized applications (dApps) and manage their online identities. Unstoppable Domains has been at the forefront of domain name registration on the blockchain. Its aim is to provide individuals with censorship-resistant and free speech-supporting domain names. Previously, the platform offered domain extensions like .crypto and .zil. These domains allowed users to replace complex wallet addresses with human-readable names, reducing the friction associated with crypto transactions. The integration of…
In the ever-evolving landscape of cryptocurrencies, Ethereum (ETH) has once again proven its resilience and popularity. After a recent surge in the market, ETH has reclaimed the highly coveted $2,000 mark, reaffirming its position as one of the leading digital currencies in the world. This significant milestone comes on the heels of the Securities and Exchange Commission (SEC) winning a crucial legal battle against Ripple Labs. The SEC’s lawsuit against Ripple Labs, the company behind XRP, sent shockwaves throughout the cryptocurrency industry. The case revolved around the classification of XRP tokens as unregistered securities and Ripple’s alleged violation of securities…
Bitcoin and Ethereum Supply on Exchanges Drops Sharply in June In a surprising turn of events, the supply of both Bitcoin and Ethereum on cryptocurrency exchanges experienced a significant drop during the month of June. This is an intriguing development for crypto investors and enthusiasts who closely monitor these digital assets’ movements on exchanges. According to on-chain data provider Glassnode, the amount of Bitcoin held on exchanges decreased by approximately 5% in June. This represents a substantial decrease in supply, indicating that investors are moving their Bitcoin towards personal wallets or alternative investment avenues. Similarly, the supply of Ethereum on…
In a recently revealed video, Securities and Exchange Commission (SEC) Chair Gary Gensler made it clear that he believes both Bitcoin and Ethereum are non-securities. This statement may come as a relief to the cryptocurrency community, as discussions about the regulatory framework surrounding digital assets have been a topic of concern and confusion for quite some time. Gensler’s comments came during a virtual forum on May 26, where he discussed the regulatory challenges posed by cryptocurrencies and the need for investor protection. He stated that while Bitcoin and Ethereum are decentralized, they are primarily functioning as non-security assets. This distinction…
In recent years, blockchain technology has emerged as a revolutionary force, promising decentralization and transparency across various industries. Its potential to disrupt traditional financial systems and empower individuals has attracted a massive following. However, a new report from Bernstein analysts warns that a politicized regulatory crackdown on cryptocurrencies could undermine the very principles of blockchain technology. Blockchain technology operates on the foundation of decentralized networks, where no single entity has control over the system. This feature has been one of the key reasons why many believe blockchain has the potential to bring about a more equitable and transparent future. However,…
Ethereum, the world’s second-largest cryptocurrency by market capitalization, appears to have stood strong during the widespread AWS outage that affected major fast food chains Burger King, McDonald’s, and Taco Bell. While customers of these popular restaurants experienced service disruptions and were unable to access their favorite meals, the decentralized nature of Ethereum ensured its continued performance and reliability. On June 8th, Amazon Web Services (AWS), the cloud computing platform used by many businesses worldwide, suffered a major outage for several hours. As a result, various sectors relying on AWS experienced significant disruptions, including fast food chains that heavily depend on…
Ethereum developers have recently proposed a significant change to the network’s protocol by suggesting to increase the maximum effective balance per validator from 32 ETH to 2048 ETH. This proposal has garnered attention and sparked discussions among the Ethereum community. Validators are an essential component of Ethereum’s Proof-of-Stake (PoS) consensus mechanism. They are responsible for validating and adding new blocks to the blockchain. These validators must hold a certain amount of ether (ETH) as a stake to participate in the network’s consensus process. The current maximum effective balance per validator is set at 32 ETH, meaning that validators are required…
Bitcoin Sets New High Following Traditional Exposure to Crypto from BlackRock, Others Bitcoin, the world’s largest and most popular cryptocurrency, reached a new all-time high this week, surging above $48,000. This historic milestone comes as traditional financial institutions, such as BlackRock, and other major companies, start to embrace and invest in cryptocurrencies. BlackRock, the world’s largest asset manager, recently revealed in a regulatory filing that it has added Bitcoin futures contracts to two of its funds. This move by BlackRock is a significant step towards mainstream adoption of cryptocurrency, as it opens the doors for institutional investors to gain exposure…