BlackRock partners with Coinbase
Ethereum merge date tentatively announced
FormRunner Apparel to start accepting crypto online payments
HODL SOL with the Cryptal Bulls Club
Subscribe to Cryptal Bits!
2022-08-12clock5 minutes

BlackRock will soon allow its clients to buy crypto. This partnership will encourage institutional crypto adoption, making it seamless for investment managers to trade crypto on the BlackRock platform. Many experts believe this shows maturity in the crypto market and could help stabilize prices. We see this integration between traditional asset managers and major crypto exchanges as a promising trend for the industry.

Read the press release here

The merge is now likely to happen on September 15, based on Total Terminal Difficulty (TTD) reaching 58750000000000000000000, according to yesterday's developer call. This is sooner than originally thought, and is still subject to change. The TTD number represents the total difficulty required for the final block on the Ethereum blockchain to be mined before the network transitions from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Implementing PoS should bring ETH's energy consumption down by over 99.99% and allow the network to prevent attacks as well as improve scalability.

Watch the call here

Global customers will be able to use crypto to buy their favorite streetwear on FormRunner starting in September. The US-based clothing company is looking to expand its market and sees enabling crypto payments as a way to facilitate and secure international transactions. The company also announced this week that it is adding a bitcoin ATM to its retail location at Hyperviolent, in Scottsdale, AZ.

Read the press release here

Are you HODLING SOL yet? It's not too late to join this month's new Cryptal Bulls Club. Compete to win a BullsOnTheBlock NFT by hodling SOL and earning points!

Check out all the details here

Get this newsletter in your inbox every week. Scroll to the bottom of the page to subscribe.