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Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to ‘Overly Catastrophize’ It

Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to ‘Overly Catastrophize’ It

Vitalik Buterin. Source: a video screenshot, Lex Fridman / YouTube Ethereum (ETH) co-founder Vitalik Buterin has said he is “definitely” worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system. The Ethereum mastermind noted that Lido Finance, the largest provider of staking services …

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Are Russian diamonds now conflict diamonds? Depends on who you ask

Are Russian diamonds now conflict diamonds? Depends on who you ask

Russia has thwarted a Western effort to have its crude diamonds labeled as “conflict diamonds”—thwarted it so effectively that the Russia-Ukraine war won’t even be discussed at a crucial meeting of diamond producers this week. The phrase “conflict diamonds” refers to those that finance “violence by rebel movements and their allies seeking to undermine legitimate …

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Janet Yellen says the US and its allies are discussing a price cap on Russian oil to ‘depress Putin’s revenues’

Janet Yellen says the US and its allies are discussing a price cap on Russian oil to ‘depress Putin’s revenues’

Treasury Secretary Janet Yellen said the US and its allies are discussing a price cap on Russian oil. One aim is to “push down the price of Russian oil and depress Putin’s revenues,” she said Monday. A cap would also boost oil supply to the global market, Yellen said. LoadingSomething is loading. The US and …

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Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Please try another search Economy 7 hours ago (Jun 21, 2022 12:35AM ET) © Reuters. A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties …

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Japan Finance Minister says to respond to FX moves appropriately if necessary

Japan Finance Minister says to respond to FX moves appropriately if necessary

Please try another search Economy 7 hours ago (Jun 21, 2022 12:00AM ET) © Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on …

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