Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’

Post Views: 105 The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum…

ETH Co-Founder Vitalik Buterin Says The Merge Could Happen in August, There’s Also ‘Risk of Delay’

Post Views: 104 Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin has further confirmed The Merge will likely happen in August. Buterin noted, however, that it’s quite possible there’s still a risk of delay, and The Merge could happen in September or October 2022. …

Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge

Post Views: 94 According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. Since the August 5, 2021…

Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Post Views: 94 As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday…

Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend

Post Views: 117 SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. After climbing by over 15% on Friday, ATOM was one of the biggest losers on Saturday, as…