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Ethereum confirms merge date

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Thu, Aug 25, 2022 01:53 PM

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BitBoy Crypto admits Atozy won after suffering a backlash. ‌ ‌ ‌ ‌ ‌ ‌

BitBoy Crypto admits Atozy won after suffering a backlash. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap 1.05 (+1.30%) 24 Hour Volume 67.08B (-1.28%) Notable Movers[(DCR) 32.96]( (+14.20%) Notable Movers (DeFi)[(ANKR) $0.04184]( (+12.48%) Bitcoin Dominance 39,61%[(-0.17%)]( Bitcoin Price[(BTC) 21,658.27 (+0.83%)]( Ethereum Price[(ETH) $1,703.29 (+3.09%)]( Cardano Price[(ADA) $0,4637 (+0.51%)]( Editor's Note Who Can Freeze Your Crypto? With all of the talk in the news about crypto assets being “frozen” due to international law enforcement requests, demands or requirements, the question naturally arises — how can you freeze a cryptocurrency on the blockchain? Isn’t the point of a decentralized, permissionless digital ledger that your account isn’t subject to any one person’s freezing or banning whims? It turns out that the answer is — not exactly. So when exactly can your crypto funds be frozen? It all depends on what kind of tokens you are trading — since ERC-20 tokens are really references to the database that tracks what addresses hold how much, if an address is blacklisted by a smart contract for any reason, then your funds are basically put on ice. Since the Tornado Cash crisis of this month, several different stablecoin issuers have come out on either side of the freezing debate — just yesterday, Tether stated that they will not be freezing Tornado Cash addresses until they hear more from law enforcement. But while most layer-1 blockchain have a blacklisting functionality built in (unlike top tokens like BTC, ETH, BNB that can never be frozen), it’s quite unlikely to see your funds frozen anytime soon — unless you are involved in major criminal activity, as our author wrote in this [longer feature]( the topic. Just stay away from committing crimes, and you shouldn’t end up on the receiving end of a crypto asset fund freeze. CMC-Community Spotlight of the Day key step for Ethereum GPU miners progressing into Web 3.0]( In today’s CMC Community Spotlight, Caduceus dives into what the upcoming Merge means for miners. Today’s Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! [Today’s Top Stories ] twist in Bitcoin landfill saga]( 👀 The man being stopped from looking for a hard drive containing 8,000 BTC in landfill claims it's because asbestos has also been buried there. Speaking to CoinMarketCap, James Howells said the Newport site is also situated in a flood zone. It comes after he told the BBC that he had a solution for preventing the hazardous waste from spilling into a nearby river. Newport City Council's told us strict laws are in place to decide which activities are safe, and regular inspections are carried out. Local experts have told CoinMarketCap that Howells is "delusional" — adding: "There's no way in a million years that Newport tip will allow people to dig it up because of the gasses in there." He threw away the hard drive, currently worth $173 million, nine years ago. Crypto drops Atozy lawsuit]( 🚨 A crypto YouTuber has dropped a lawsuit against a rival after a backlash. Atozy was being accused of defamation after repeatedly calling BitBoy Crypto a "dirtbag" in a video last November. He also claimed the streamer "milks his audience for a quick buck rather than giving them genuine advice." BitBoy Crypto was seeking more than $75,000 in damages, but was criticized after the lawsuit was made public. Atozy had raised more than $200,000 to fund his defense, with Cobie donating $100,000. Announcing the U-turn, BitBoy said: "Atozy won. You're the winner here. He's the winner, I'm the loser. I just hope that he listens to this — I'm sorry you had to go through this — and removes the video, or at least takes that part out." reveals merge date]( 🔥 The Ethereum Foundation has revealed that the long-awaited merge will be completed between Sept. 10 and 20. This means the historic switch from a Proof-of-Work to a Proof-of-Stake blockchain could take place a few days earlier than advertised. It comes after a series of repeated delays — and it's worth remembering this milestone was meant to have been achieved back in 2019. In other developments, the foundation has also announced that it is quadrupling the bug bounties that are rewarded to people who discover vulnerabilities before the merge. Those who uncover critical bugs could end up receiving $1 million. can pay $1.6m bonus to staff]( 💰 Voyager Digital's controversial plan to dish out a $1.6 million bonus between 34 "key" staff has been approved. A committee representing affected customers had reacted angrily to the proposals — not least because they've been locked out of their crypto savings for two months. But in court, the judge gave the green light, arguing it could increase the company's valuation and ensure withdrawals are unfrozen faster. It's worth noting that the approved policy has been slightly watered down. Initially, 38 staff were due to share $1.9 million — and they were set to receive 25% of their annual salary as a bonus, rather than 22.5%. Voyager has also confirmed that it will begin cost-cutting measures to ensure the company saves $4.6 million. Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Written by Molly Zuckerman and Connor Sephton Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2022 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States

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