DLT ? Weekly Digest
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets. One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates.
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added.
JPMorgan Is Using Blockchain for Collateral Settlement
JPMorgan has begun to use blockchain for collateral settlements, beginning with a pilot transaction performed last week. The transaction involved assets from BlackRock, which was not directly involved in the transaction as a counterparty.
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Bitcoin’s Crypto Dominance Is Strongest Since Bull Market Highs
Bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from CoinGecko. Bitcoin’s renewed hegemony is a reflection of how the collapse of the TerraUSD stablecoin earlier this month has ravaged smaller tokens like Avalanche and Solana.
Ethereum Merge Coming in August 'If Everything Goes to Plan': Core Dev
If developers can complete the merge to proof of stake in August, they won't have to worry about defusing the "difficulty bomb" that is about to go off.
Ethereum Hashrate Taps an All-Time High Amid This Week's Crypto Market Meltdown
As valuations of crypto currencies take a slight hit, hash rates for the second biggest crypto currency in terms of market valuation reach all time highs. The hash rate stand for the computational power needed to verify blockchains. The higher the hash rate, the better the security of the blockchain.?