Singapore and the United States are on a list compiled by CoinGecko of the 8 countries with the most interest in the Ethereum merger, The Merge, which could take place next Thursday, September 15. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
The 8 countries most interested in The Merge, according to CoinGecko
📍Cryptocurrency price data platform CoinGecko has published a list of the 8 countries with the highest interest in the Ethereum merger. The Merge is one of the most anticipated events in the blockchain industry, which could arrive on September 15, according to developers.
With The Merge just around the corner, interest and expectations of Ethereum consumers have been increasing globally. As such, CoinGecko has published a list of the countries most interested in the merger that will occur next week on the blockchain network. The data on the list is based on the number of searches for terms associated with 'Ethereum Merge', CoinGecko explained.
The list is topped by Singapore, which shows a total search score of 377. Switzerland and Canada follow, with a total search score of 286 each. Germany, the United States and the Netherlands are in fourth, fifth and sixth place on the list, with search scores of 231, 219 and 212, respectively. The last countries on the list of those most interested in The Merge are Australia and Turkey, with scores of 212 and 208, respectively.
Interestingly, CoinGecko reported that searches for the term 'Proof of Work' have skyrocketed 160% higher than those for 'Proof of Stake'. The platform also noted that searches for 'Ethereum Classic' and 'ETH Classic' have lost interest compared to searches for 'Ethereum' and 'ETH', which are 40% higher than before.
On the other hand, the price of ETH has risen by around 3% on a weekly basis, trading at around $1.640 USD at the time of writing.
The role of Microsoft's HoloLens glasses in the US Army and Novo Nordisk
📍The United States could invest up to $20.000 billion in products for the Metaverse for military purposes. The US military is testing Metaverse technology to hone its military tactics. Tech company Microsoft has reportedly delivered thousands of Augmented Reality (AR) glasses, called HoloLens, to optimize the capabilities of soldiers on land expeditions.
In 2021, Microsoft had indicated that its HoloLens headset would help US troops “navigate on the ground, maneuver in the dark, and communicate in the field.” The AR headset will also allow soldiers to see through smoke and around corners, use holographic images to access data and information, and view XNUMXD terrain maps with just a click.
The first batch of 5.000 HoloLens glasses was delivered to the US military this week, worth $373 million, the outlet reported. Sports worldIf successful, the military will invest up to $10 billion over the next 20.000 years in HoloLens headsets and other equipment and devices to enhance its soldiers' capabilities.
On the other hand, the pharmaceutical company Novo Nordisk is also using Microsoft's HoloLens AR glasses to improve the performance of its diabetes drug manufacturing processes, as well as opening up the possibility of incorporating new procedures.
DApps show signs of recovery
📍DApps in the DeFi ecosystem are showing their first signs of recovery since last May. According to a report published by the DappRadar platform, DApp activity grew by 3,7%, in terms of weekly active users (UAW), since May.
Depending on the platform, the DApps growth is being powered by the Flow blockchain, due to the NFT support it is offering for Meta’s social networks, Instagram and Facebook. Flow reflects a 577% increase in terms of UAW since last month, DappRadar indicated.
Despite this growth, the DeFi ecosystem remains far from its peak in terms of UAW and deposited liquidity.
Authorities recover part of Ronin Network's funds
📍Nearly $30 million of the more than $600 million stolen from the Ronin network in March has been recovered. Authorities and blockchain analytics company Chainalysis have recovered $30 million stolen from the Ronin Network blockchain bridge, the network that powers the play-to-earn game Axie Infinity.
According to the Chainalysis report, the funds were tracked thanks to the transparency and immutability of blockchain, by its team Chainalysis Crypto Incident Response.
The multi-million dollar Ronin Bridge hack has been attributed to North Korean hacker group Lazarus Group. Chainalysis said it is the first time that cryptocurrency stolen by a North Korean hacker group has been seized.
Continue reading: The day Queen Elizabeth II showed her support for blockchain and curiosity about cryptocurrencies
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