Ethereum London fork goes live When the community discusses the London hard fork which just went live on Thursday, usually it is said the most significant changes added are improvement proposals EIP-1559 and EIP-3554.
EIP-1559 changes Ethereum's fee rate to a new scheme that makes the crypto asset ether deflationary. While EIP-3554 adjusts the Ethereum miner difficulty to ease the upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).
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In the news Global crypto adoption doubled since January: 221 million users A new report has discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million in June.
The report states that the rise of the defi movement, and institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency were important events that helped to popularize crypto even more. Fed Governor Brainard can't imagine future without digital dollar Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one could lead to an unsustainable future.
The central bank official believes a digital dollar will have both international and domestic applications. Report suggests Robinhood owns rich DOGE, BTC addresses Reddit account "Andrei from alberta" published new research claiming the online brokerage company Robinhood holds more bitcoin than the firm Microstrategy.
The Redditor Andrei is the same sleuth that published research four months ago on the notorious dogecoin wallet dubbed "DH5," which happens to be the largest DOGE wallet today. India clarifies status of crypto trading and regulation India's Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection.
The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered.
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