Day: September 16, 2022

Luart Officially Rebrands to Arcnes as the Platform Looks to Be More Than Just an NFT Marketplace – Press release Bitcoin News

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press release PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because Arcnes is more than just a marketplace; it’s a tool for blockchain-based gaming and NFT projects. In addition, the platform will assist project founders in successfully launching and selling their in-game assets alongside an unparalleled user experience. What are Arcnes’ main features? Arcnes will serve as the multichain launchpad and marketplace for Web3-focused gaming and NFT projects.…

The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work – Mining Bitcoin News

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At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and out of all of them, there’s roughly 230 exahash per second (EH/s) of hashpower combined. Only 12% of the Top 50 Crypto Assets Leverage PoW — Hashpower Currently Equates to Close to 240 Exahash With…

The biggest problem with DeFi isn’t what you think

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Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build “DeFi 2.0,” Lepsoe described one of the biggest pain points of DeFi 1.0 — and it’s one you probably haven’t heard of. As it turns out, if you want institutions to adopt your products and services, you need to give them…

Ethereum Faces Test Of Survival After Merge, Can $1,400 Support Hold?

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After showing so much strength as the price rallied from $1,024 to a region of $2,000 against tether (USDT) ahead of the anticipated merge, many call for a bull run and a $4,000 Ethereum price at the end of the “Ethereum Merge.” The price of Ethereum has not shown that run it showed in recent months as the price has struggled to break above $1,800. (Data from Binance) Ethereum (ETH) Token Price Analysis On The Weekly Chart  ETH saw a decline in its price from $4,500 to around $1,024, with…

ETHEREUM PRICE PREDICTION 2022💎CRUICIAL NECKLINE SUPPORT FOR ETH – WILL IT HOLD OR MAJOR DROP!?👑

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM PRICE PREDICTION 2022💎CRUICIAL NECKLINE SUPPORT FOR ETH – WILL IT HOLD OR MAJOR DROP!?👑 👑 Amazing Discord community! – 👑 $600 BONUS leverage trading on ByBit – 👑 Sign up for the fastest growing crypto app and receive 25USD! – 🔥 Leverage trading tutorial – 👑 Donations 🙂 – ​ Let’s Connect: Instagram – ​​​​​​ ****DISCLAIMER AND WARNING**** I am NOT a financial Advisor. This video is for entertainment and education purposes ONLY! Contact a financial professional in your area for…

ATOM Moves Closer to 4-Month High, LINK Also Higher – Market Updates Bitcoin News

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Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high. ATOM/USD rose to an intraday high of $16.25 in today’s session, pushing prices above a key resistance level in the process. The aforementioned ceiling…

40%+ Ethereum PoS nodes are controlled by two addresses says Santiment data

Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses. Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or 105 blocks. On Twitter, the data became a controversial topic as users debated about the impact of the Merge on centralization for the largest network in the world. According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain…