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Next week in crypto: the 5 hottest events for September 12–18

Tanja Nechet

News editor

Sep 9, 2022 at 05:16

Information is power. This is very relevant in the cryptocurrency market, NFTs, and everything related to Web3. After all, in most cases, only those who managed to discern a promising project as one of the first (yes, Bitcoin taught us a lot) earn money. That’s why it’s important to follow what’s happening in this field. Or go out to improve your knowledge about cryptocurrencies and blockchain? Learn how to trade successfully? Become an NFT creator?

On this page, we’ve gathered the most interesting cryptocurrency events and Web3 conferences that may interest you. The list covers the next week: September 12–18, 2022.

Here are the most notable events of interest

12 September

Cryptocurrency exchange Koinbazar will list (sales pitch) Beldex coin (BDX) on INR and USDT markets and open trading for BDX/INR, BDX/USDT pairs at 11:30 AM (UTC). Beldex is a private ecosystem consisting of decentralized applications. The BDX is a utility coin  of the Beldex. As of 9 September, the price of the token is $0.05389. And what’s about Koinbazar — it is a centralized cryptocurrency exchange registered in India in 2020. It can buy, sell and exchange the most popular cryptocurrencies.

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13 September

The Secret Network upgrade of the Shockwave Delta mainnet (the second one) is coming. It’s a base-level independent blockchain network built using the Cosmos SDK (an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains). It supports the development of smart contracts with confidential data by default, allowing developers to create decentralized applications with protected user data. The platform runs an alpha version — Shockwave Alpha, launched in May 2022. It has provided a 500–600-fold increase in the speed of some network events, such as airdrops. Before the Alpha upgrade, the platform used the supernova mainnet network (released in November 2021).

Shockwave Delta will bring several improvements:

  • an integrated smart-contract-platform service called CosmWasm will appear since it was created for the Cosmos ecosystem. Integrating the CosmWasm services into the Secret Network’s core network update will allow the creation of tokens.
  • It will also open up the possibility for the Secret Network’s tokens, such as SHD, will allow access to well-known DEXs (Decentralized exchange is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers.) such as Osmosis blockchain and CEXs (Centralized exchange is a third-party platform that a central organization privately manages and facilitates transactions of crypto assets between buyers and sellers.) (e.g., Binance).
  • In addition, the network may issue private versions of CW20 tokens (CW20 is a specification for fungible tokens based on CosmWasm. The name and design are loosely based on Ethereum’s ERC20 standard).

14 September

Post-consensus Avalanche will go live on the eCash mainnet. eCash (XEC) is a cryptocurrency and the new name of the recent (BCHABC) fork of Bitcoin Cash. The coin’s blockchain is based on the Avalanche consensus algorithm.

Postconsensus provides a 51% attack on blockchain prevention, which greatly improves network security at the level of leading Proof-of-Work chains. It also gives 1-block finality to eCash, which opens the door for exchanges to make deposits with one confirmation.

15 September

The Merge is coming. This is probably the most significant event of 2022 on the Ethereum network. A historic move to Proof-of-Stake (PoS) instead of Proof-of-Work (PoW) is expected. Thus, the network of the second most popular and expensive cryptocurrency after bitcoin will change the mechanism of checking transactions in the blockchain and adding new blocks. Ethereum will increase the number of transactions by eliminating network scaling problems (from 15 to 100) and reduce power consumption by 99.95%, the fee per block will drop from ETH 12800 to ETH 1280 per day, and many more.

16 September

Biconomy will open a trade with Pitbull — the trading pair PIT/USDT, at 10:00 AM on 16 September (UTC). Pitbull is an auto-stacking token whose ownership rights have been removed and LP burned and given to the community since its inception. The token price is $0.0000000005922.

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