Ethereum’s only Proof-of-Work testnet, Ropsten, has launched its Proof-of-Stake Beacon chain, with a merge between both platforms expected on June 8. The launch brings Ethereum one step closer to its move to a Proof-of-Stake consensus algorithm in what’s referred to as the “Merge.”
MoneyGram International, one of the world’s largest transfer services in the U.S., is partnering with the Stellar blockchain to create a stablecoin-based remittance platform. The platform would allow users to send stablecoins and easily convert them into fiat currency.
The pseudonymous founder of the meme-inspired cryptocurrency, Shiba Inu, has walked away from the community after deleting their social media presence. The founder, Ryoshi, held a hands-off approach to the memecoin.
Sponsored: Binance has launched a special promotion for new Binance Card users!
Top stories in the Crypto Roundup today:
- Ethereum Moves Closer to Proof-of-Stake with New Testnet Launch
- MoneyGram to Partner with Stellar for Stablecoin Remittances
- Shiba Inu Founder Deletes Social Media Presence
- Chart of the Week: ETH Price vs. Network Activity
- Sponsored: Get 5 BUSD & Stand a Chance to Win 1 Bitcoin in Token Voucher with Binance Card!