Category: London

Ethereum’s London upgrade deployed to final testnet ahead of August 4 fork

July 9, 2021

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The long-awaited EIP-1559 upgrade is just 26 days away now. 6148 Total views 14 Total shares The long-awaited London upgrade for the Ethereum network is edging closer as the code was deployed to the final testnet this week. Ethereum’s London hard fork, which will usher in the EIP-1559 upgrade, has now been scheduled for August […]

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3 reasons why Ethereum exchange reserves are falling to new lows

July 8, 2021

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Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of […]

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Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2

June 25, 2021

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The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. 4427 Total views 18 Total shares Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan […]

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London wealth manager cashes out $1B profit from $600M BTC buy in November

June 7, 2021

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After profiting $1 billion in less than six months, Ruffer is open to making more Bitcoin trades in the future. 6371 Total views 8 Total shares Asset manager Ruffer has profited by more than $1 billion in profit from a $600 million Bitcoin investment it made during November 2020. Speaking to The Times, investment director […]

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FCA releases detailed 5-point plan to make UK a fintech powerhouse

February 26, 2021

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Upon the announcement of the United Kingdom budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the U.K. fintech sector. On Friday, eight months later, the FCA published the 108-page report, and it contains multiple clear guidelines aimed at cementing the U.K.’s position as a fintech powerhouse. Over $95 […]

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