Vitalik Suggests Quicker Transition to ETH 2.0 – December 24

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,346

Bitcoin has cooled off from its weekend rally, falling almost 2% over the last 24 hours.

Top-20 altcoins have followed suit, with XRP falling 1.5%, and Ethereum dropping 2.7%. Cosmos continues to outperform the market, up 4% over the last day of trading.

Top Stories for December 24, 2019 🔥

👉 Vitalik Suggests Quicker Transition to ETH 2.0

Ethereum founder Vitalik Buterin has put forward a proposal for a faster transition of blockchain data to the pending Ethereum 2.0 chain.

The strategy simplifies the migration by requiring less “re-architecting” allowing the new iteration of Ethereum to merge with the original version sooner.

👉 Uzbekistan Makes it Illegal to Purchase Crypto

Following three weeks of protests and riots, Uzbekistan has made it illegal to purchase cryptocurrency. Selling crypto, however, has remained legal.

The move is a drastic change to recent legislation, which legalized cryptocurrency in 2018.

👉 NULS Team Loses $480k in Hack

The NULS development team has fallen victim to a hack, resulting in the loss of $480,000 worth of funds. According to the team, about $130k of this has already been liquidated on exchanges.

The team has announced that it will attempt a hard fork of the NULS chain, in order to freeze the remainder of stolen funds.