The update we have been talking about for about 2 weeks in Ethereum has been completed. Thus, one of the most important steps expected for the ETH merge is the Difficulty Bomb, which has been pushed forward from 15,050,000 blocks to 700,000 blocks. This process is considered a 100-day postponement.
Mining Investment from Samsung
South Korea-based technology giant Samsung announced that they are working on a 3-nanometer chip. These chips will be used in Bitcoin mining. Their first customers have already been announced. China-based PanSemi and US-based Qualcomm are said to have booked the new chip.
Move Discussed from Coinbase
Coinbase will share its customers' location data with the U.S. Immigration and Customs Enforcement agency. This sharing will also include data from the past period. In a statement following the backlash to the news of the sale of the data, the Coinbase side said that the company uses fully online and public data and does not contain any information from anyone that would be identified as personal information or any registered Coinbase user data.
Ripple Signs with Famous Car Manufacturer
The famous British car manufacturer Lotus NFT is making plans to enter the market. Lotus, which has agreed with different companies for NFT collections and support, announced that support and services on blockchain will be received from Ripple. Lotus' investment may indicate that the car industry is also starting to enter the NFT world.
Bitcoin Permit for Banks
The Bank of International Settlements (BIS), which is a member of 55 Switzerland-based countries, provides bank regulations and acts as an intermediary in money transfers, announced that banks can hold 1% of their reserves in Bitcoin. Evaluating crypto assets in 2 groups, BIS made different criteria and recommendations for both groups.
Celsius' Sale Cancelled
There was talk of Celsius, which had sunk since the Terra crisis, being bought by big companies. Finally, Sam Bankman-Fried, who has invested in a crypto asset exchange and different crypto projects, announced that they are giving up on buying the company after reviewing Celsius' financial documents.
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