Sarah

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.

Vitalik Buterin: “All cryptocurrencies should switch to PoS”

Vitalik Buterin: “All cryptocurrencies should switch to PoS” Vitalik Buterin: “All cryptocurrencies should switch to PoS”

Ethereum co-founder Vitalik Buterin took part in the Mainnet 2022 conference. He noted that the transition to the Proof-of-Stake (PoS) algorithm would be useful for any Proof-of-Work (PoW) cryptocurrency. Buterin noted that the concept of Bitcoin led him to the cryptocurrency industry. He fell in love with this technology, which is why Ethereum was built […]

Investment bank B. Riley Financial to buy Iris Energy shares for $100 million

Investment bank B. Riley Financial to buy Iris Energy shares for $100 million Investment bank B. Riley Financial to buy Iris Energy shares for 0 million

Australian mining company Iris Energy has signed an agreement with affiliate B. Riley Financial, under which the investment bank will acquire 25 million shares of the firm for $100 million. Investment bank B. Riley Financial has repeatedly stated its interest in supporting or acquiring cryptocurrency companies. B. Riley Principal Capital II affiliate and Iris Energy […]

Kraken partners with ATII to fight digital financial crime

Kraken partners with ATII to fight digital financial crime Kraken partners with ATII to fight digital financial crime

Cryptocurrency exchange Kraken has announced that it has received the status of a “diamond sponsor” of the American non-profit organization against human trafficking (ATII). ATII is engaged in the detection of facts of human trafficking and tracking of criminal proceeds. Data on the passage of funds through payment systems is transmitted to law enforcement agencies, […]

Harmony Announces New $100M Reimbursement Plan

Harmony Announces New $100M Reimbursement Plan Harmony Announces New 0M Reimbursement Plan

The Harmony One project team has informed users about a new plan to compensate for $100 million in assets stolen in June as a result of a hacker attack on Horizon Bridge. Initially, Harmony planned to recoup the losses by issuing additional ONE tokens. The new compensation plan provides for an alternative option to cover […]

Brazilian Police Investigate Six Cryptocurrency Exchanges

Brazilian Police Investigate Six Cryptocurrency Exchanges Brazilian Police Investigate Six Cryptocurrency Exchanges

The Federal Police and the Brazilian Revenue Service have launched the final phase of Operation Colossus, which is investigating trading platforms. For four years, the police have been working mainly in four states of the country: Rio de Janeiro, Bahia, Sao Paulo and Santa Catarina. The investigation involved 158 government officials, including 130 federal police […]

FTX CEO Sam Bankman-Fried: “We are discussing with the British regulator to obtain a license”

FTX CEO Sam Bankman-Fried: “We are discussing with the British regulator to obtain a license” FTX CEO Sam Bankman-Fried: “We are discussing with the British regulator to obtain a license”

The FTX CEO commented on the recent announcement by the UK Financial Conduct Authority (FCA) that the exchange was not authorized to operate in the country. Earlier this week, the FCA issued a warning that FTX is not licensed to operate and therefore cannot legally serve local traders. Accordingly, in case of loss of funds, […]

Tornado Cash repositories are about to be unlocked on GitHub

Tornado Cash repositories are about to be unlocked on GitHub Tornado Cash repositories are about to be unlocked on GitHub

The web service for hosting IT projects has partially unlocked Tornado Cash on its platform – the cryptocurrency mixer code is available for reading. Ethereum developer Preston Van Loon tweeted that the code is readable, but this means that GitHub has not yet regained full access to the repository. However, according to Van Loon, this […]

The regulator accused DAO bZeroX of not registering as a futures trader

The regulator accused DAO bZeroX of not registering as a futures trader The regulator accused DAO bZeroX of not registering as a futures trader

The U.S. Commodity Futures Trading Commission (CFTC) has accused the decentralized autonomous organization bZeroX and its founders of not registering and failing to comply with the customer identification procedure. Representatives of the CFTC assure that the founders of bZeroX, Tom Bean and Kyle Kistner, illegally offered borrowed funds to clients and made marginal retail transactions […]

The amount of ETH issued decreased by 95% after switching to PoS

The amount of ETH issued decreased by 95% after switching to PoS The amount of ETH issued decreased by 95% after switching to PoS

After the transition of Ethereum to the Proof-of-Stake consensus algorithm, the number of new ETH decreased by 95%. Now Ethereum inflation is 0.2% per annum instead of the previous 3.79%. The transition of Ethereum to PoS has reduced energy consumption by 99.95%. The number of issued ETH digital coins has significantly decreased. After the merge, […]

Israeli crypto exchange Bits of Gold received a license from the regulator

Israeli crypto exchange Bits of Gold received a license from the regulator Israeli crypto exchange Bits of Gold received a license from the regulator

Crypto exchange Bits of Gold wants to dispel prejudices about cryptocurrencies in Israel, both from the public and from institutional organizations. Cryptocurrency exchange Bits of Gold has announced that it has received a license from the Israeli regulator, the Capital Markets Authority (CMISA). The license will allow the exchange to store digital currencies using its […]