Ethereum’s transition from proof-of-work (PoW) to proof-of-staking (PoS) may be putting the cryptocurrency back into regulators’ sights. Speaking to the press after the Senate Banking Committee, SEC chair Gary Gensler reportedly stated that digital currencies could be classified as securities if they meet the Howey Test. From the coin’s point […]
proof of stake
Yuga Labs announced that once the merge for Ethereum is completed, Yuga will only recognize NFTs on PoS, and any future utility or relevant licence is only eligible on this chain. The Ethereum network is gearing up for the merge mid September. In line with the broader Ethereum community, in […]
In March 2021, Christie’s hosted the sale of the first exclusively digital work of art: Everyday: The First 5,000 Days by Beeple, which sold for a staggering $69 million. Although the platform was already familiar with crypto-art and NFTs (such as with Robert Alice’s Block 21, which included both a […]
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