Category: Blockchain

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum Blockchain as Staked ETH Withdrawal Queue Shrinks to 9 Days

The reason it takes so long for validators to exit the chain is because that’s part of the project’s design. Staking is an important part of maintaining the security of the Ethereum blockchain, and if too many validators left the chain at once, the security of ensuring that transactions and blocks are added to the network could not be guaranteed. So the number of validators who can exit at any given time is subject to a hard limit; when withdrawal requests pile up, the exit queue backs up. Source link

Flare integrates blockchain API on Google Cloud Marketplace

Layer-1 Ethereum Virtual Machine (EVM) blockchain platform Flare has integrated its API portal on Google Cloud Marketplace, on-boarding a number of significant blockchain APIs to the ecosystem. The integration of Google Cloud Marketplace will provide high-integrity blockchain data from Flares nodes and Connected Chain Nodes to a large pool of developers and users of the software products and services platform. This includes blockchain APIs for Algorand, BNB Smart Chain, Bitcoin, Dogecoin, Ethereum, Flare, Litecoin, Songbird, XRP and future supported blockchain APIs. Blockchain APIs are touted to free developers from having…

Liechtenstein adapts blockchain laws to developing crypto landscape

The blockchain and crypto industry is constantly growing and changing around the world, and the Principality of Liechtenstein is no exception.  The sixth smallest country in the world, located in the middle of Europe between Switzerland and Austria, has attracted the attention of the international and European crypto communities alike since the early days of the industry.  In 2019, Liechtenstein became one of the first countries in the world to adopt specific legislation on crypto and blockchain, namely the Token and Trusted Technology Service Providers Act (also known as TVTG…

Crypto Industry Is ‘Absolutely’ at War Against Gensler, Warren, Blockchain Association CEO Smith Says

Smith, however, provided a glimmer of hope for the industry during the panel, saying that a pro-crypto “army,” including the Blockchain Association, are fighting “in Washington every day” for the industry. “There’s a reason that Elizabeth Warren has stalled her bill that’s because she lost co-sponsors,” Smith said. “And that was because of the lobbying effort and education effort that went on,” from the pro-crypto groups.” Source link

114 Scams Exposed By Savvy Blockchain Investigators

Scammers are increasingly exploiting the popularity of meme coins for personal gain, leaving cryptocurrency investors vulnerable. A single individual has been identified as the brains behind the release of 114 questionable meme coins in just two months, according to reports. ZachXBT, along with other internet sleuths, discovered that only one person was responsible for 114 meme coin frauds. The wallet address in question is 0x739c58807B99Cb274f6FD96B10194202b3EEfB47, and the same deposit address is used each time funds are taken. Meme Coins Scam Detected After tracing all the coins, he discovered that the fraudsters had…

Argo Blockchain Slumps to Full-Year Loss on BTC Price Slide

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Santa Cruz Adopts Blockchain for Govt Services

The County of Santa Cruz in northern California has become the latest local government to adopt blockchain technology for governmental services. At a meeting of the Board of Supervisors on April 25, 2023, members unanimously voted to move forward with implementing digital wallets for government services and official documentation purposes. The white-label digital wallet will be powered by HUMBL and will launch a three-stage pilot program starting in July 2023. During the pilot period, beta testers, such as mobile users seeking access to government services like bicycle registration and RV…

California approves blockchain-based digital wallet for gov’t services

The county of Santa Cruz in northern California is one of the latest to adopt and implement the usage of blockchain-based solutions on a governmental level.  In a meeting of the Board of Supervisors for the County of Santa Cruz held on April 25, the members unanimously decided to go forward with implementing the usage of digital wallets, for government services and official documentation purposes. According to the final consensus of the meeting, the white-label digital wallet powered by HUMBL will launch a 3-stage pilot program starting in July 2023.…

Deloitte seeks crypto experts | Blockchain News

Big Four accounting firm Deloitte is ramping up its crypto expertise, actively seeking individuals with cryptocurrency knowledge to join its team. While other “Big Four” accounting firms like Ernst & Young, KPMG, and PricewaterhouseCoopers have no crypto-related job openings, Deloitte has over 300 in the United States alone, with almost all of them posted just a week ago on LinkedIn. Deloitte has several job titles related to cryptocurrency, such as Blockchain & Digital Assets Manager, which is available in 97 different locations across the United States. Other job titles include…

Gensler Alleged Crypto Hypocrisy | Blockchain News

The cryptocurrency community has criticized Gary Gensler, the current chair of the Securities and Exchange Commission (SEC) and a former professor at the Massachusetts Institute of Technology (MIT), after a video from 2018 surfaced in which he stated that cryptocurrencies are comparable to commodities or cash and are not securities. This has led to criticism of Gensler from the cryptocurrency community. As a result of this, hypocrisy allegations have been leveled at Gensler since his present position seems to contradict his prior views. Gensler explained initial coin offerings (ICOs) and…