Note that the whole staking balance cannot be withdrawn on the day of the upgrade. Besides, only 43,200 ETH can be unstaked per day. However, the total staking reward earned, which comes to around 1 million ETH, can be withdrawn instantly, according to Saxo Bank. Source
Month: February 2023
First Mover Americas: Bitcoin Soars to Highest Level Since August
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Crypto Startups Are Increasingly Postponing Token Launch Plans as Alameda Research’s Contagion Effects Linger
“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect a significant drop in liquidity, which we will call the “Alameda Gap,” Kaiko wrote in a November briefing note. Source
Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access
Dutch prosecutors now have access to Alexey Pertsev’s computer, and are using it to probe key details, like governance and profit-making at the privacy service. Source
Web3 Communication Stack Sending Labs Raises $12.5M
The startup creates technology to make decentralized communication easier for developers and users. Source
Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens
The SBC was sold “with a discount to the market price because this was the first transaction of its kind. Based on today’s bitcoin energy consumption levels, we estimate that SBC would sell now for approximately $1,150, which is roughly a 5% revenue add to a miner’s bottom line,” if they’re using 100% clean energy, David said. Original
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework – Regulation Bitcoin News
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset class.” ‘An Alternative Financing and Investment Platform’ The Oman financial markets regulator, the Oman Capital Market Authority, has said it plans to establish a virtual assets framework to “regulate and develop the market in the…
Signature Bank CEO Joe DePaolo Plans to Step Down Following Transition Period
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Market Demand Pushes Trading Volumes on BNB Chain-based Level Finance to Over $1B
Lvl is earned via participation on the platform or earned by supplying liquidity. On the other hand, lgo holders can vote on major decisions relating to the platform including fees, product offerings, engineering, and treasury are decided by the community via voting on the Level DAO. Source
Bitget Announced Panda Farm (BBO) Token Sale on Its Re-launched Launchpad Platform – Press release Bitcoin News
press release PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely decentralized GameFi project running on Arbitrum, will be launched on Bitget Launchpad on February 16. A total of 1,000,000 BBO utility tokens will be offered for purchase. Bitget’s Launchpad was initially introduced in February 2022, and as of now, it has launched five early-stage projects with an…