Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

The Ethereum Shanghai upgrade is complete; can stowed ETH be easily withdrawn?

The Ethereum price received the required push as the Shanghai Upgrade went live a short while ago. Soon after the upgrade, more than $200 million worth of ETH has already been withdrawn, while 3.5% of the total validators are still waiting to withdraw. However, Glassnode has already predicted that the withdrawal amount may reach up…
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Shapella Successful, Twitter x eToro & more Web3Today #25

#Shapella Successful @Twitter x @eToro @coinbase $ETH unstaking @sigp_io Lighthouse Release @prysn Release submitted by /u/Y_K_C_ [link] [comments]

HashKey launches wealth management service, citing ‘significant’ demand

Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services.

Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign Trade

A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will be difficult to ditch the usage of the U.S. dollar to settle payments. The analysts found that contracts are often denominated in U.S. dollars and that most transactions are still concluded with […]

Uniswap proposal to launch on Polygon zkEVM is set to pass

All 191 UNI token holders voted in favor of the proposal to launch the DEX on Polygon’s zkEVM.

Could someone explain why validator selection being pseudorandom instead of truly random is not a risk to ethereum.

Proof of stake ethereum uses RANDAO where the 32 validators in the epoch each provide a number that get XOR (bitwise computer operation) together that then decides the the n+1 validator set. Because it’s just code it’s at best pseudorandom and if the 32 validators work together they can heavily influence who the next validators…
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Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar

Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.

Bitcoin’s dominance knocked by ETH’s post-Shapella rally

Bitcoin’s percentage of the total cryptocurrency market retreated by nearly 1% on April 14, while Ether gained just over 1.1%.

TRX has become a literal Ponzi scheme, and is following a hybrid playbook from SBF, Clesius and Do Kwon. I still see people talk about this like it’s a regular shitcoin, it’s not. Since USDD was launched in 2022 it’s become a direct scam.

USDD is a ponzi scheme which is slowly unraveling in the background. It's a textbook flywheel and I have no idea why people aren't talking about it. Especially given Justin has a history of rug pulls and scams. USDD was launched by Justin Sun after the collapse of Terra Luna. It's an algorithmic stablecoin paying…
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Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate

Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases of key interest rates are yet to come. ECB Has Some Hikes Left to […]