Before validators joined the PoS blockchain, they agreed that their staked ETH and any accrued rewards would remain locked up until Shanghai. Some validators have had their ETH locked up since as early as December 2020, when the PoS “Beacon Chain” went live. But, finally, the time for unlocking those rewards is nearing. Source EcosystemEthereumShapeUpcomingUpgrades CryptoX Portal
The cryptocurrency exchange Binance has been under scrutiny recently, with Forbes publishing an article that made claims about the exchange’s financial activities. The report indicated the movement of funds or money by Binance, including the transfer of $1.8 billion to hedge funds like Amber Group, Tron, and Alameda Research. The Forbes piece suggested that Binance’s activities were reminiscent of the defunct FTX, which collapsed in 2022. The article made reference to Binance.US’s unsuccessful bid for Voyager and the legal action that the Exchange Commission and United States Securities are preparing…
MILC enables creators and media companies to connect with the right ecosystem filled with their own peers. The metaverse is growing at a fast pace and new protocols like the MILC Metaverse, aimed at fostering a unique integration of the media have been tipped as a better option for those looking to make it in this space. The MILC protocol is a multimedia platform that is designed for creatives, advertisers, and everyone irrespective of their leaning toward Web 3.0 at this time. While the bulk of emerging metaverse projects is…
The launch of Base will position Coinbase in such a way that will give it a competitive advantage by a large margin. American digital currency trading platform Coinbase Global Inc (NASDAQ: COIN) is seeing a bullish rejuvenation in its stock price as the sentiment surrounding its Base layer 2 (L2) networks is growing. COIN is trading at a price of $66.44, up 2.48% in the Pre-Market, soaring from the $64.83 it ended Tuesday’s trading session atop a 9.96% growth. That Wall Street is all pumped about Coinbase is not surprising…
While 850,000 bitcoin went missing from the exchange in 2014, it’s not that amount that’s potentially being disposed of, because the exchange has recovered 142,000 BTC along with 143,000 in Bitcoin Cash (BCH) and 69 billion Japanese yen ($510 million), representing about 20% of the hack. Original
The new social app has a similar user interface to that of Twitter. Jack Dorsey-backed decentralized Twitter alternative, Bluesky has launched on the App store. The app launched on the App Store on February 17. While only a private beta launch, the app has been installed by about 2000 users, according to data.ai. However, the availability on the App store suggests that a public launch may be just around the corner. Origins and Progress Jack Dorsey first mulled the idea of a decentralized Twitter alternative after the platform banned Donald…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, we will talk about the Iconomi Platform which is an easy and secure way to manage digital assets that allow users to … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
DeFi protocol Platypus outlined a plan in its recent compensation portal to reimburse users up to 78% of main pool funds. Platypus Finance has created a compensation portal for users following the recent $9.1 million exploit. According to the decentralized finance (DeFi) protocol, this portal lets users view how much the platform owes them. Furthermore, the Platypus team added that should users discover calculation errors, they must submit the related evidence alongside a form before Friday. The Platypus compensation portal follows a February 23rd announcement that the team would return around 78%…
Visa is still committed to crypto partnerships and will also continue to improve fiat both on and off-ramp. A Tuesday Reuters report claimed that US payments giant Visa was halting its crypto push amid an industry meltdown. However, Visa has now debunked those claims. Reacting to the story via a Twitter thread, the payments company’s Head of Crypto Cuy Sheffield says the story is “inaccurate” and Visa is not in any way slowing down with its cryptocurrency plans. That is regardless of the brutal bear market condition. He wrote in…
Rewards program included high-yield interest accounts, a refer-a-friend scheme, and a mechanism to share in the spread of trades should they execute at a lower asking price. Source