40 Burst results for "Ethereum"
Fresh update on "ethereum" discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Referred to Ethereum as a commodity just one month earlier. He gave a speech for Rutgers center of corporate law and governance and took the complete opposite stance and Michael saylor's opinion is also consistent with recent comments by Gary gensler, the SEC chairman suggested that Ethereum's proof of stake can lead the token to be in considered a security exactly and at press time, as you can see in this chart, we got the eth pricing a drawdown, a three and a half percent falling to roughly $1226. So there you have it, what are your thoughts surrounding these securities versus commodities in the eyes of the SEC? That's the $1 million question. It's how the SEC deems to label these cryptocurrencies. Now, obviously, the only one with the green light, as I just shared, and the CFTC guys has said in his own words, is the one and only king crypto, Bitcoin. So how do you think Bitcoin is likely to fare against these alleged securities if the SEC does in fact deem them all security? Let me know your honest thoughts in the comments right down below and don't forget to check out crypto news alert net for the full premium experience with video and to participate in the live Q&A and I look forward to seeing you on tomorrow's episode.
Aave Companies Acquires Sonar Moji
"Acquired sonar, a mobile first metaverse platform that allows users to create virtual worlds using emojis and spatial audio. Users can create their digital identity using emoji NFTs, which also serve as playable 3D avatars. So nor will integrate with land protocol as part of the acquisition. Emoji NFT holders can also claim a lens profile. Lens protocol is a polygon based decentralized social graph used to power web three social platforms. Stanley kulich first teased the acquisition of a social team back in October. It marks Lance protocols first acquisition, though the terms of the deal were not disclosed. Lands protocol has more than 20,000 monthly active users. No stroke
Fresh update on "ethereum" discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Bankruptcy filings show that the company may have over 1 million creditors, one of which Kevin O'Leary was one of. So there you have it. What are your thoughts surrounding this crazy FTX debacle and the collapse of Sam bankman freeze empire? Do you think he is likely to face any serious jail time or do you think he'll just get a slap on the wrist from Maxine waters? Let me know your honest thoughts in the comments, write down below. And with that being shared, now let's discuss a prediction out there from crypto analysts that we can potentially see a crypto market crash of up to 50% from the current crash of where we're at and this is coming from pro XRP lawyer, John Dayton, who thinks the actions of the U.S. SEC chairman Gary gensler could cause the crypto markets to crash by another 50% FYI, Gary gensler is supposed to be the man protecting investors right now. But hey, that's not what's happening. Dean says on Twitter that he first argued 6 months ago against her might sue a major crypto exchange, quoting him here. I believe it even more today because it has, it could cause another 50% crash, then incubates take a larger share deaton says gendler has been coming after crypto for two years pointing to the fact that the SEC nearly doubled the size of its enforcement division's crypto assets and cyber unit under its leadership facts, the in claims the SEC is bankrupt or the SEC is bankrupt crypto lending platform BlockFi second largest creditor through a bankruptcy filing actually indicates the regulator is BlockFi fourth largest creditor, the SEC has a $30 million unsecured claim against the company, the in shared the following, the fact alone speaks volumes regarding intent. Ask yourself what registration requirements were implemented with the $100 million block by settlement, how did it improve industry practices, great questions, the attorney has played an active role in the ongoing SEC lawsuit against the San Francisco payments company, ripple deaton has filed an abacus brief on behalf of XRP supporters in opposition to the regulators, motion for summary judgment in that case. Well, here's a question for you if we were to drop to 50%. I mean, where's Bitcoin currently trading right now? 16,800, as you can see on your screen, can you potentially see Bitcoin dropping all the way to $8000? That would be wild, or let's talk about Ethereum. Could you imagine a $600 Ethereum price considering Ethereum is trading roughly at $1200 at this time? Well, D and says, expect this and thanks to Gary gensler, the chairman of the SEC, which is sad, but it can be a likely scenario, so prepare for everything all possibilities, my friend. With that being shared, I had big news regarding chainlink considered the missing link of the blockchain. They just launched their staking on the Ethereum blockchain, which is a pretty big deal, so let's break down our next story of the day. The highly anticipated upgrade of chainlink, the launch of staking version .1 on the Ethereum mainnet was successfully completed a few hours ago, the feature is a key component of the chain link economics two. Now chainlink staking aims to create stability for the ecosystem, participants can earn rewards by stake in the native linked token to secure the network by incentivizing on its behavior, this reward mechanism is intended to ensure that nodes have an incentive to improve the oracles data integrity and efficiency in the coming years. Now, as of yesterday, only a select few community members who meet at least one of the criteria on the early excess eligibility list will be able to stake up to 7000 link worth approximately $53,000 in the cap version .1 staking pool. Now starting tomorrow, December 8th at 12 p.m. eastern, the cap staking pool
CRO Price Cronos Pumps Over 12, Why This Could Be The Start of Bigger Rally
"5 a.m. Monday, December 5th, 2022. CRO price kronos pumps over 12, why this could be the start of bigger rally CRO price started a fresh increase from the 0.062 support zone. Chronos bowls are now aiming a strong move towards the 0.094 level in the near term. CRO price started a decent increase above the 0.065 resistance against the U.S. dollar. The price is trading above 0.070, and the 100 simple moving average four hours. There was a break above a major bearish trendline with resistance at 0.0650 on the four hours chart of the crossed pair data source from coinbase. The pair could continue to rise towards the 0.080 and 0.094 resistance levels. Chrono CRO price size fresh rally, this past month, Cronus price found support near the 0.0615 zone against the U.S. dollar. CRO formed a base above the 0.0615 and 0.0620 levels before it started a fresh increase. There was a clear move above the 0.0650 resistance zone, and the 100 simple moving average four hours to move into a positive zone besides there was a break above a major bearish trendline with resistance at 0.0650 on the four hours chart of the crust pair the price is now trading above 0.070 and the 100 simple moving average four hours outperforming Bitcoin and Ethereum. On the upside and immediate resistance is near the 0.074 level it is close to the 23.6 February level of the main drop from the 0.131 swing height to 0.0568 low the next major resistance is forming near the 0.080 zone. If there is an upside break above the 0.08 resistance level, the price could start another strong increase. Source crossed on trading view dot com in the stated case, the price could rise steadily towards the 0.094 level it is close to the 50 February level of the main drop from the 0.131 swing high to 0.0568 low dips limited in CRO if CRO price fails rise above the 0.074 and 0.080 resistance levels. It could start a downside correction. An immediate support on the downside is near the 0.07 level the main support is near the 0.0650 level and the 100 simple moving average four hours a downside break below the 0.065 level could open the doors for a fresh decline towards 0.062. The next major support is near the 0.060 level technical indicators four hours CD for crest is gaining momentum in the bullish zone, for hours RSI relative strength index, the RSI for cross is now in the overbought zone major support levels 0.070 and 0.065. Major resistance levels 0.0740 .08 and 0.094
Fresh update on "ethereum" discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Nigeria bans ATM cash withdrawals over $225 a week to force the use of CBDCs. That's right. The limit set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions may be coming soon in the USA also in today's show, mister wonderful, AKA Kevin O'Leary, defense scam bankman freed and says FTX should be audited. That's right, O'Leary says that the truth about FTX can be discovered thanks to the unique nature of blockchain technology, also in today's show, pro XRP lawyer says Gary gensler could trigger another 50% crypto market crash. That's right, the attorney and supporter John deaton, who is pro XRP, quoting him here. I believe it even more today because it can cause another 50% crash, then incubates take a larger share, also in today's show, more breaking news, chainlink staking, successfully launched with already 11.1 million links staked. That's right, the highly anticipated upgrade of chainlink, the launch of staking version .1 on the Ethereum mainnet was successfully completed, just a few hours ago, the feature is a key component of the chainlink economics two, also in today's show. Ethereum and ripple are committing securities fraud says Bitcoin bull, Michael saylor, that's right. He was recently interviewed and he says he doesn't care much about altcoins, including ripple XRP, and Ethereum in a most recent podcast appearance and spoke about the classification of those cryptocurrencies as securities. I'll be breaking this down for you and wants to be taken a look at the overall crypto market. All this, plus so much more in today's show.
Litecoin Continues To Surge As Hash Rate Records New ATH How About LTC Price
"8 a.m. Monday, December 5th, 2022. Litecoin continues to surge his hash rate records new ATH how about LTC price? Litecoin LTC was among the few bright spots for the crypto market which had to endure the negative effects of the collapse of the FTX exchange platform. In the midst of one of the worst implosions that the space has ever witnessed, LTC momentarily became vulnerable, plummeting all the way down to 49.58. But the cryptocurrency stood its ground, though, while the likes of Bitcoin and Ethereum were sent crashing to various monthly lows and eventually commenced its own rally to close November on a high note. As a result, litecoin exited last month with an index price of 76.52 and registered an impressive jump of 24 within a 30 day period. The altcoin is also performing well during the first days of December. At the time of this writing, according to tracking from Coen gecko, the digital coin is changing hands at 83.11 with an uptick of 10.8 in the last 7 days. Related reading TRO and unfazed by decreasing volumes, tallies 1 billion in USD T inflow litecoin has a healthy blockchain, but holders fail to make profit aside from the sustained surge in trading price, LTC is also witnessing positive developments in other areas. For instance, according to data shared by coin wars, the assets mining hash rate has once again hit another all time high, peaking at 613.81 THS. Within four months the litecoin blockchain has recovered from the decline it experienced back in July, rallying by 64. Image crypto telegram moreover, as of December 3rd, the define network has established its highest difficulty level since going online, recording a block height of 2 million 379,900 to 25. The average difficulty of litecoin blockchain translates to a value of 19.52 million according to miss Ari. Meanwhile, profitability was one gray area for the altcoin, as most of its holders were unable to make profit from their investment during the previous month. As of November 30th, LTC had a 30 day moving average of 149,000 for its network realized profit loss NPL. In addition, during the same time, litecoin had a 28 market value to realized value mvr V ratio. This indicated that despite the crypto experiencing price growth in November, some of its investors still held at a loss. Price decline could happen for LTC within next few days, although LTC managed to block the effects of the crypto market meltdown that was triggered by the FTX implosion. There is a possibility that the acid may experience price correction soon. According to the forecast of online cryptocurrency information provider coin cadets, this could happen within the next 5 days with LTC losing almost 8 of its value to change hands at 76.33. Moreover, 30 days from now, the crypto is expected to recover a bit and trade at 80.75, although this value is also lower than the current one it has. Related reading what's in store for cardano this December will ADA be merry before Christmas LTC total market cap at 5.9 billion on the daily chart featured image insurance of, shark treating view dot com.
Fresh update on "ethereum" discussed on The Bitboy Crypto Podcast
"Ever done our spit is incredibly complex for a substance made of 99% water. It contains a genetic code that reveals the real you. And that DNA in your spit can also reveal meaningful insights about your health that could change everything. What would you do if you knew you were at a higher likelihood of developing a particular disease? Join 23 different iHeart podcast host as they explore their own health discoveries in the new season of spit. Listen to spit on the iHeartRadio app, Apple podcasts, or wherever you get your podcasts. Sip your way into the holiday spirit with Starbucks peppermint mocha. Sweet creamy whip, chocolatey swirl, a dash of peppermint, steamed milk, and espresso. It's a little gift to give yourself. Find your cheer on the Starbucks app today. Hey, what's up? My name is AJ Reich crypto and welcome to bit lab academy. In this lesson, we're going to do a tutorial on meta mask. We're going to take a deep dive into how to fund your account, how to swap in exchange networks, and at the end, I'm going to show you how to use meta masks to buy an NFT. Before we jump into the demonstration, I want to take a few minutes to explain what meta mask is, why people use it and why it's so popular today. Not only is meta mask the crypto wallet you can use the whole Ethereum and other ERC 20 compatible tokens, meta mask is a gateway into the world of web three DeFi and NFTs. First of all, in this day and age, the last thing you want to do is leave your crypto on an exchange. And that's one reason why while it's like meta mask are so important. Unless you're actively leverage trading on KuCoin or bit get or something like that, the safest place for your crypto to be is on a hot or cold wallet. We've seen what the insolvencies have done to FTX and Celsius. And unfortunately, the people that left their hard earned crypto on those exchanges got left holding the bag. Don't let this happen to you. If your crypto is on a wallet like meta mask, you won't lose a single penny if another exchange goes down. Before we dive into the lesson, understand that a ledger is an example of a cold storage hardware wallet, meaning that it's a physical device and it's not connected to any servers once you put your crypto on it and unplug it. Meta mask on the other hand is an example of a software hot wallet, meaning that it's a program that lives on your computer and it is connected to a server. And in this case, it has to be connected onto a server since it's your gateway to web three. The main thing you need to know here is that hardware wallets like ledger are best for long-term secure storage. On the flip side, software wallets like meta masks are convenient for quickly buying, selling, and swapping and transferring NFTs. The main reason meta mask is such a popular wallet is because it easily connects the daps and NFT marketplaces in the blink of an eye. Keep in mind, it's imperative to diversify your portfolio and not keep all your money in one place. Eliminate a single point of failure and keep your long-term holds in cold storage. All in all, meta mask is one of the most popular wallets in all of crypto, and it's trusted by over 30 million users worldwide. Now let's jump in and set up your meta mask. For starters, you can download meta mask on your computer, your iPhone, your Android for the sake of this demonstration, we're going to use Google Chrome. It will be downloaded as an extension in your browser. Here we are at meta mask IO. We're going to click download. Install meta mask for chrome. Add to chrome. Add extension. Get started. You can say I agree or no thanks to subs to you. I'm going to go with no thanks. So right here, if you already have a secret recovery phrase that meta mask gives you, you can import your wallet. But in this demonstration, we're going to create a new wallet. So click on create a wallet. So right here, you make a password and make sure it's not a password, you also use on social media or something. Think of something unique for this. Click create. So we're going to go to next. So this is the part with the secret recovery phrase. Be sure to physically write your recovery phrase or seed phrase down and never ever type it in your computer or phone. I can't stress enough how important this is because not even the team at meta mask can help you recover your seed phrase if you lose it. This will be blurred out on this ring for the demonstration. So you click here to reveal the words. These words are very, very important. Definitely number these when you write these down and make sure you spell everything correctly because I've heard some horror stories about people that can't get in because they don't know what the word is. Things happen, take your time and number the words and write them down. Once you write down your 12 word recovery phrase, make sure you go back over and make sure the words are in order and they're spelled correctly. So now here on the computer, we wrote everything down, the words are spelled correctly in order and numbered. We're going to click next. So now you have to make sure the words are in order on meta mask and you're going to click them to put them back in to the box to confirm that your phrase is your phrase. Once you have all the words put in the correct order, click confirm. Congratulations. We did it. So now here we are in the meta mask homepage. Also, I like to go up here to the extensions and click on the pin. So the meta mask logo is right there. So now that we're here in meta mask, take a minute to familiarize yourself with everything. If you want to link your meta mask with your mobile phone, click in the top right, go to settings, advance, and sync up with mobile. If you want to see your recovery phrase, if you need it for anything, you're going to type in your password that we started with and boom, there is your secret recovery phrase. So you can create another account, you can import an account, you can connect this to your ledger or other hard wallet. So as you can see here, we only have an empty Ethereum wallet. So say you wanted to add another token, like Matic to your wallet. There's a couple ways you could do this. The first way you could do this is go to import tokens, type in Matic. And click it right here and click next. Import tokens. So then we can go back, and now we'll have Ethereum and Matic. Another way you could do this is say you go to coin gecko dot com. So say you wanted to add phantom. First, you'd go to coin gecko dot com, type in FTM, and right here there's the meta mask logo, you can click that, add token, and now when you go back to your meta mask in the browser extension, phantom will be right there. So there's multiple ways that you can add tokens. So when you click this to add phantom into your meta mask, this is putting the contract into your meta mask so it recognizes that that's phantom. So someone once asked me, can you hold Bitcoin on meta mask? The answer to that question is no. It's important to know that meta mask is for Ethereum, other ERC 20 and 7 21 tokens, as well as coins created on networks that are compatible with the Ethereum blockchain. So if you want to add a different network or a different blockchain, click on networks, go to add network and say we want to add finance. And boom, now we will be on the binance smart chain and not the Ethereum one. Also, BNB is cheaper to use than Ethereum for gas fees. But when you're on the binance smart chain, you'll have to pay gas with BNB and not Ethereum. If you go to meta mask, we go click networks, add network, B and B, click add, approve, network successfully added, switch to B and B, got it, and now we're on the binance smart chain and not Ethereum right here. So when you add another network, there are these available networks right here. So to manually add a network, we're going to go down here, click add a network manually. And we'll tag this here into the description. It's from one inch, and it has all the things that you need to copy and paste into your meta mask here to add that chain. So let's say we wanted to add the phantom network instead of just the phantom coin. So we'll go to
Ethereum Price Prints Bullish Signal, What Are Possible Bulls Targets
"5 a.m. Monday, December 5th, 2022. Ethereum price principle bullish signal. What are possible bulls targets? Ethereum gained pace and retested the 1300 resistance zone against the U.S. dollar. ETH is eyeing more gains towards the 1330 and 1350 levels. Ethereum remained well bid above the 1240 level and resumed its increase. The price is now trading above 1250 and the 100 hourly simple moving average. There was a break above a major bearish trendline with resistance near 1280 on the hourly chart of a thus data feed via kraken. The pair could gain bullish momentum once it settles above the 1300 resistance zone. Ethereum price gains momentum Ethereum price corrected lower once from the 1300 resistance zone. ETH declined below the 1280 support level. However, the bulls were active above the 1240 level and the 100 hourly simple moving average, similar to Bitcoin. The price traded as low as 1238 and recently started a fresh increase. Ether price traded above the 1275 and 1280 resistance levels. It cleared the 76.4 fib retracement level of the downward move from the 1296 swing high to 1238 low. Besides, there was a break above a major bearish trendline with resistance near 1280 on the hourly chart of a dust. The pair is now trading above 1250 and the 100 hourly simple moving average. And immediate resistance on the upside is near the 1310 level. The first major resistance is near the 1332 level. It is near the 1.618 fib extension level of the downward move from the 1296 swing high to 1238 low. A close above the 1332 resistance might send the price further higher. Source of dust on trading view dot com the next major resistance is near the 1350 level. Above which ether price might test 1400. Any more gains might send the price towards the 1500 resistance zone. Less downsides in ETH if Ethereum fails to start another increase above the 1300 resistance, it could start a downside correction. An initial support on the downside is near the 1280 level and the broken trendline. The next major support is near the 1265 level or the 100 hourly simple moving average. If there is a break below 1265, the price could test the 1240 support. Any more losses could lead the price towards the 1200 support. Technical indicators hourly MACD the MAC D for a dust is now gaining momentum in the bullish zone. Hourly RSI, the RSI for a thrust is now above the 50 level. Major support level 1265 major resistance level 1310.
Fresh update on "ethereum" discussed on Marketplace Tech with Molly Wood
"Despite the bankruptcies, hacks and general foul mood in crypto, one metric is moving in the right direction. As we talked about earlier this year, Ethereum, the world's second largest crypto network, made a move to reduce the energy used in mining. That is the process for authenticating transactions on the blockchain. In September, Ethereum switched from the so called proof of work method, where a bunch of miners compete to solve an authentication puzzle with giant banks of supercomputers to a method called proof of stake, where just one minor validates a transaction using much less electricity. How much less is the subject of a new paper by Alex de vries, the founder of dig economist, a website that tracks cryptocurrency energy use. This change has had a tremendous impact on the energy consumption of the Ethereum network. They managed to reduce their energy consumption by at least 99.84% in absolute numbers that translate to as much electrical consumption as a country like Ireland or even Austria. So we're talking a really significant reduction in the power requirement of this network as a result of this change in the software. So Ethereum has reduced its power intake, has that had much of an effect on the crypto sectors, electricity consumption overall well, that's a much more difficult question to answer because the thing is, these devices that were previously being used in Ethereum were mostly graphic cards and graphic cards can quite easily be repurposed. For example, for the mining of other digital currencies, it's even the case that as these Ethereum miners were forced to shut down and remove their machines from the data center space they were using, Bitcoin miners that previously were unable to find the space they needed for their machines, took the space that became available after the Ethereum mine was left. And the started using their energy and therefore limiting the amount of energy reduction we have globally from this change in the software of the Ethereum system. I mean, the whole crypto ecosystem seems to be dealing with a basic loss of trust is becoming more energy efficient kind of a luxury problem in that context. As the market is getting more and more screech is only the ones that are having access to the cheapest forms of electricity and the ones that are having the most power efficient devices are going to be able to survive the current conditions that hasn't changed as always been the case but right now under the current market conditions, the ones that don't have the optimal setup or iron running the most optimal devices or just don't have access to the cheapest electricity are being forced to shut down and leave the mining market. Have you seen any indications that other crypto mining operations for other currencies might make the switch? Well, it depends on the cryptocurrency, the thing is in Ethereum, it was always part of their plan to make the switch. They had this thing in their road map from basically day one. And that's not been the case for Bitcoin, for example. They don't have any plans whatsoever to make a similar change to their software. So at the moment, there is no reason to be optimistic that this will happen in Bitcoin as well. So we have this more sustainable method of crypto authentication, but the crypto sector is going through some tumultuous times lately. There's the bankruptcy of the FTX crypto exchange. We've seen a bunch of crypto hacks. There's been this dramatic downturn in crypto valuations. I mean, what are your findings mean in light of all this other stuff going on? Well, I think we need to establish that the very fact that crypto asset prices have been under a lot of pressure recently is already putting pressure on the energy consumption of these networks as well. For the very simple reason, the crypto miners often get paid a fixed amount of coins for every block they create. So as the value of those coins goes down, they simply have less money to spend on resources like energy and hardware. That is pretty good news for the environment. Hey, we can see that over the past couple of months, the Bitcoin network, even though they have no plans to change their software, the energy consumption of the network went down by probably up to 50%, simply from the Bitcoin price going down. Though, of course, it would be a much better solution if they also changed their software because that's the only way to receive or to achieve a near 100% reduction
The Ethereum Foundation Sold 100,000 ETH
"4 p.m. Friday November 25th, 2022. The Ethereum foundation sold 100,000 ETH the Ethereum foundation EF has once again perfectly timed the top, selling more than 100,000 S during the bull of 2021
Top Analyst Forecasts Massive 2023 Bitcoin Rally, Updates Outlook on Ethereum and Cosmos
"8 a.m. Monday, December 5th, 2022. Top analyst forecasts massive 2023 Bitcoin rally, updates outlook on Ethereum and cosmos. A widely followed crypto strategist believes that Bitcoin BTC is gearing up for a massive rally next year. Analyst Michael van de poppy tells his 642,700 Twitter followers that he expects Bitcoin to ignite big rallies toward his targets of 42,313 and 50,324 by June 2023 based on key Fibonacci levels. Relief rally targets for the post top analyst forecasts massive 2023 Bitcoin rally, updates outlook on Ethereum and cosmos appeared first on the daily HODL.
Kraken Daily Market Report for November 29 2022
"5 a.m. Wednesday November 30th, 2022. Kraken daily market report for November 29th, 2022. Overview. Daily spot trading volume 1.04 billion, 30 day average spot 798.8 million. Total futures notional 70.4 million. The top 5 traded coins were, respectively, tether 0.02, USD coin 0.01, Bitcoin 1.0, Ethereum 4.2, and Dogecoin 6.9. Strong returns from super farm 21 harvest finance 16 and orca 13 the post kraken daily market report for November 29th, 2022, appeared first on kraken blog.
Why Does Crypto Crash Reasons Explained
"9 p.m. Thursday, December 1st, 2022. Why does crypto crash reasons explained? Every day, the value of cryptocurrencies falls. The largest cryptocurrency in the world Bitcoin has dropped to 20,407 its lowest level since 18 months ago. Ethereum, the second largest cryptocurrency, has also dropped more than 25 to 1040 during that same time period. According to coin market cap, the cryptocurrency market has fallen from 1.02 trillion on Monday. The post wide does crypto crash reasons explained appeared first on canal coin.
Falling Volume Hints The Ethereum Price Correction Is Temporary Buy Now
"1 p.m. Sunday, December 4th, 2022. Falling volume hints, the Ethereum price correction is temporary by now. The Ethereum price is currently going through a minor correction and stalls its prevailing recovery phase. From the 1300 mark the altcoin has tumbled 3.5 and shows a high possibility for further downfall if the selling pressure persists, the sellers could retest a recently breached resistance of 1220 as a possible support, but will the post falling volume hints the Ethereum price correction is temporary by now appeared first on coin gape.
Cryptos Rise Modestly on Thanksgiving as the Industry Recovers
"2 p.m. Wednesday November 30th, 2022. Crypto's rise modestly on Thanksgiving as the industry recovers. The major cryptocurrencies, Bitcoin, and Ethereum, registered modest gains on Thanksgiving Day as the industry appeared to recover from the fallout link to the collapse of Sam bankman fried's FTX and its associated firms. The bearish pressure of this collapse was threatening to topple the fragile crypto sector that was already reeling from the crypto winter continue reading crypto's rise modestly on Thanksgiving as the industry recovers. The post cryptos rise modestly on Thanksgiving as the industry recovers appeared first on cryptocurrency wire.
What is Trader Joe
"2 a.m. Monday, December 5th, 2022. What is Trader Joe? Trader Joe is an avalanche blockchain based decentralized exchange. Avalanche is an Ethereum rival with exceptionally low transaction fees that allow for large throughput while maintaining decentralization. This DEX offers lending and borrowing services, liquidity pools, leverage trading, yield farming, non fungible tokens, NFTs, staking, and a launch pad. Overall, Trader Joe has established itself as one of. The post wood is treated Joe appeared first on Asia crypto today.
What is Kusama The Battleground for Polkadot Developers
"5 p.m. Monday, November 28th, 2022. What is kusama the battleground for polkadot developers? Kusama is a smart contract enabled blockchain platform developed by Gavin wood, the cofounder of Ethereum. Kusama is polkadot's canary network, a testing network for developers who want to try their blockchains or decentralized application steps before deploying them on the polkadot ecosystem. The term canary network stems from coal miners carrying canaries into coal mines. The post what is kusama the battleground for polkadot developers appeared first on coin central.
The Future of Ethereum for Business Forbes Panel
"3 p.m. Wednesday, November 30th, 2022. The future of Ethereum for business Forbes panel. By EEA staff on November 15th, 2022, EA board member representatives from Constance's Ernst amphion, JPMorgan, and Microsoft were part of the Forbes panel titled institutional defy corporate adoption in a post merged world. According to Forbes, the event was aimed at learning why the recent upgrades to the Ethereum blockchain are improving the. The post the future of Ethereum for business Forbes panel appeared first on enterprise Ethereum alliance.
What is Curve Finance The Stablecoin Liquidity Protocol
"5 p.m. Friday November 25th, 2022. What is curved finance the stablecoin liquidity protocol? Curve finance is a decentralized exchange DX and liquidity protocol built on the Ethereum network. It's often used to swap stablecoins with low fees and slippage, as well as a place to deposit cryptocurrencies into liquidity pools to earn trading fees. Our curve finance guide will break down everything curve finance for you will walk. The post what is curve finance, the stablecoin liquidity protocol appeared first on coin central.
Buterin Its Not the Time for a Crypto ETF
"1 p.m. Sunday, December 4th, 2022. But aron, it's not the time for a crypto ETF. Vital it but Aaron, the man behind Ethereum, the world's second largest digital currency by market cap and the number one competitor to BTC has announced that he doesn't think right now is the best time for a crypto based ETF exchange traded fund. Vitalik Buterin, it's not the time for a crypto ETF to be fair, such a product. The post modern, it's not the time for a crypto ETF appeared first on live Bitcoin news.
Russias Sber Bank Integrates MetaMask With Blockchain Platform
"11 a.m. Friday, December 2nd, 2022. Russia's spare bank integrates meta mask with blockchain platform. Russian banking giant spare plans to be fully compatible with the Ethereum's defy ecosystem. In a November 30th announcement, spares said that it was integrating crypto wallet meta mask with its. The post Russia's spare bank integrates meta mask with blockchain platform appeared first on unchained podcast
Analyzing the current state of Ethereum, DeFi, stablecoins, NFTs postFTX fallout
"6 p.m. Sunday, December 4th, 2022. Analyzing the current state of Ethereum defy, stablecoins, NFTs, post FTX fallout. The post analyzing the current state of Ethereum defy, stablecoins, NFTs post FTX fallout appeared first on crypto slate.
Vitalik Buterin on the crypto blues Focus on the tech, not the price
"12 a.m. Monday, December 5th, 2022. Vital but Aaron on the crypto blues focus on the tick, not the price. The Ethereum cofounder has recommended weary crypto investors to shift away from price watching and focus on the tech instead.
"ethereum" Discussed on Ethereum Daily
"ethereum" Discussed on Ethereum Daily
"Welcome to eth daily a daily briefing on the latest in Ethereum. Apple rejects the coinbase wallet app, nostalgia releases an MeV boost relay the Ethereum foundation shuts down the Robson testnet and ENS reaches 2.8 million registered domains. All this more from eth daily starts right now. Coinbase wallet a self custodial cryptocurrency wallet no longer includes the ability to transfer NFTs, according to coinbase, Apple would not approve an updated release of the app unless gas fees associated with sending NFTs were paid through apple's in app purchase system, the request would tack on 30% in additional fees for users. Coinbase compared apple's demand akin to taking a cut of fees for every email that gets sent over open Internet protocols, meeting the requirement is currently not possible since apple's in app purchase system does not support crypto payments. Coinbase ultimately decided to ship its latest release without NFT transfer features. Greg squirrel eth the developer behind ENS leaderboard and ENS ferry released an ENS avatar minting tool. The tool automates the process of setting up Avatar records on an ENS domain. Typically, users need to edit Avatar records using the ENS manager which requires an HTTPS link and IPFS content hash or specific contract and token details the avatar tool is open-source and only interacts with ENS contracts. XYZ also provides users with a UI to make images as NFTs under a shared collection, setting up an ENS avatar incurs a gas fees to execute the on chain record change. One set the avatar is displayed across supported web three applications. Two new MeV boost relays have been introduced in an effort to expand relay diversity, coined agnostic relay and ultrasound relay, the new relays are being powered by the noses down and ultrasound the money communities, both relays are open-source and credibly neutral, allowing for all transactions to be validated without censorship. On November 20th, a peak of 79% of validators were running an O fac compliant version of MeV boost. The merge introduced proposer builder separation, also known as PBS, in which relays are now responsible for accepting blocks from external builders, validators use MeV boost to select the most profitable blocks proposed by relayers. The Ethereum foundation has deprecated the Robson testnet with remaining validator nodes expected to be shut down completely by the end of this month. That will be sunset by the foundation, upgrades will no longer be supported on rinka bee with a complete shutdown slated for mid 2023. Infrastructure providers, including ether scan, have already deprecated support for rob and rinkaby, developers using pre merge test nets are urged to migrate their applications to gorley or sepulchre, which are the only test nets that will continue to be maintained by the Ethereum foundation, and lastly, ENS release its registration stats for November 2022. A total of 70,000 new dot eth domains were registered for the month. The protocol reached a peak of 437,000 new monthly registrations back in September. Over 2.8 million ENS domains have been registered in the protocol's lifetime, according to data from zapper, the ENS Dell holds just over a $1 billion in its treasury. This.
"ethereum" Discussed on Ethereum Daily
"Luxury pseudo swap larva labs and foundation. The aggregator uses universal router for lower gas fees. Bitcoin custody platform Casa announced that it will add support for Ethereum. The integration is expected to launch in January as part of an overhauled version of the app. Casa uses a multi sick approach to cold storage in which users need two out of three signatures to approve a transaction. Casa securely stores one of the keys for users. The multisig approach helps users recover funds in the event that one of the keys is compromised or lost initially, the service will only support Bitcoin and ether with ERC 20 token and NFT integrations to be decided on at a later date. Previously, Casa has been a custody platform focused exclusively on Bitcoin products. Noses chain validators are required to update their nodes ahead of the bellatrix upgrade, the network is set to undergo the merge on around December 7th, which will transition the network's consensus mechanism from proof of authority to proof of stake. Nodes are required to run both in execution layer and a consensus layer client. Validators who fail to update their nodes will be hit with inactivity penalties until their node is updated, dap node packages have been released for nether mine, teku, web three signer, and lighthouse clients on the network formerly known as xDai chain, noses chain is an Ethereum side chain that provides low cost transactions. Mantle network unveiled its modular layer two network promising low fees and high security guarantees. Mantle combines a data availability layer with rollups to power hyperscale daps. The network will use eigen layer for its data availability solution akin to a validum mental executes both computation and data storage off chain. Eigen data availability introduces a restak mechanism that allows layer one eth stakers to secure the data availability layer by restating a peg the asset on layer two. Mental network was initiated by bit Dell and plans to use the Dallas bit governance token as its native gas token on the layer two network, mantle is still exploring optimistic and ZK rollup network designs. And lastly, daylight a dashboard for discovering while abilities raised $3 million in a seed funding round led by chapter one and framework ventures, the round also included participation from open sea ventures 6 man ventures and sea club ventures. Daylight plans to use the fresh capital to hire a lead backend engineer and expand integrations for the dap. This has.
"ethereum" Discussed on Ethereum Daily
"Welcome to eth daily a daily briefing on the latest in Ethereum, curve releases its stablecoin whitepaper, a judge orders a tornado cache developer to remain in custody of it suffers bad debt and coinbase wallet adds an optimistic quarterly faucet. Allison Moore from eth daily starts right now. Curve finance released a white paper for curve USD and over collateralized stablecoin pegged to the U.S. dollar. The stablecoin will feature a novel liquidation mechanism called the lending liquidating AMM algorithm, which converts positions between collateral and stablecoins in an effort to protect borrowers against liquidations and reduce the risk of bad debt on the protocol, the LA MMA automatically converts collateral to stablecoins along a curve when the price of collateral decreases conversely the LL a MMA converts the stablecoins back to collateral when the price increases beyond a threshold. This stablecoin also features an automatic stabilizer called peg keeper, the peg keeper mints and burns curved USD if the price is above or below peg, the protocol minted curve USD is added to and withdrawn from curved pools as part of the stablecoins monetary policy curve finance is the leading decentralized exchange for stablecoin swaps. Dutch public prosecutor Martin ordered Alexei princip, a developer who helped write open-source code for tornado cash to remain in custody until February 20 of 2023. The order was made on the basis of being a flight risk has been detained by Dutch authorities since sanctioned tornado cash in August. The prosecutor claims and two other developers operated tornado cash akin to a company because they owned most Dao tokens could change how it operated and it made money off of it. Per se is accused of benefiting from the tools use in money laundering. Tornado cash is a privacy tool that can be used to hide the origin of funds. Abraham eisenberg also known as Avi, who is a trader known for extracting a $112 million in a price manipulation attack on mango markets, executed a similar attack on ave, the attack exploits an asymmetry in a loan to value for low liquidity assets. It works by manipulating the price of an asset to borrow more value than the post it collateral. Avi deposited over 35 million USD C into aave to borrow curve tokens. He then swapped the borrowed curve for USD C and added the USD C as collateral, the fresh collateral and curves price fall allowed Abby to borrow even more curved tokens. Some ave users who posted a curve as collateral were also liquidated adding to the cell pressure. As soon as the cell pressure stopped, the price of curve jumped it back up with a V shaped recovery. Avi's USD C position was then liquidated. However, the position did not liquidate fast enough, leaving Abe short of 2.6 million curved tokens, the amount equates to roughly $1.5 million in bad debt for the protocol. Stark wear released an article recapping approaches to data availability. Currently, there are three data availability solutions supported by stark proofs, which are roll up Vladimir and volition, a rollup stores the state of the chain on layer one Ethereum, along with stark proofs. Roll up removes any dependency on layer two to withdraw assets. Since storing data on Ethereum is gas intensive, the latium reduces costs by storing data off chain with a data availability committee. And rollup providing users with the option to select their data availability model for each individual transaction. Start net uses rollup or as stark X supports palladium or volition. And lastly, coinbase wallet added support for an optimistic quarterly faucet to its browser extension. Coinbase wallet now supports faucets for optimistic quarterly, polygon Mumbai, Ethereum gourley, and Ethereum sapolio. Quarterly and are the only test nets that will continue to be maintained.
"ethereum" Discussed on Ethereum Daily
"Ethereum creator Vitalik Buterin published a post describing cryptographic techniques for centralized exchanges to show that they hold enough on chain fonts to cover liabilities to users, but in first suggest the merkle tree technique in which a table of customers balances is placed into a Merkel some tree with salted username hashes. Centralized exchanges would provide each user with a Merkel some proof of their balance. Users would then have a guaranteed that their balance is included as part of total liabilities. The mechanism, however, is prone to privacy leakage because users can still see the balances of other users under the same node. ZK snarks can also be used to prove that all balances in a merkle tree are non-negative and add up to total liabilities and added layer of hashing for the merkle branch would also conceal any information about individual user balances, buterin emphasizes that proof of reserve is the easiest way to improve the safety of custodial exchanges. An FTX hacker transferred out 35,000 ether into a fresh wallet and then swapped it for rent BTC using one inch exchange, according to blockchain security firm peck shield, the attacker then used the rent bridge to transfer out more than 2000 rent BTC onto Bitcoin, coincidentally Alameda research acquired rent protocol in February. It's suspected that the hacker plans to use a mixing service on Bitcoin, the FTX hacker also transferred out a 180,000 ether to 12 new wallets in increments of 15,000 ether per wallet. The ether has not yet been moved at the time of this recording prior to the withdrawals, the FTX drainer wallet was the 36th largest ether holder. MakerDAO now supports rocket pull staked eth also known as R eth as a new collateral type on the protocol. Users can now generate die using the R eth vault type, the vault has a minimum collateralization ratio of a 170%, a stability fee of 1.5%, and a debt ceiling of 5 million die. Support for the new vault type is available on DeFi saver and oasis, both oasis and DeFi saver offer features for leveraged positions to increase staking rewards. However, leveraged positions are always at risk of liquidation in the events of a Deepak. Make your governance approved of the proposal to add our eth as a collateral type back in June. Over 300,000 ether is currently staked across 1711 rocket pool node operators. The flashbots block builder is now open-source. A builder is a specialized entity that takes transaction bundles from searchers, produces a block and proposes the block to validators, flashbots hopes to see the ecosystem of builders, transition away from single block building to collaborative block building, open-sourcing the builder for their accelerates competition and the builder market and helps maintain validator decentralization. Ethereum's transition to proof of stake has introduced proposal builder separation, also known as PBS, which separates block proposal from validation. Over 90% of validators currently run MeV boost software. And lastly, Bitcoin announced it will be piloting its first quadratic funding round on grant's protocol and collaboration with UNICEF, the round it will be run for a select group of ten impact focused projects between December 9th and the 16th, grant's protocol is a modular platform that allows communities to coordinate their own grant funding rounds. The protocol is currently in closed beta with a public launch set for 2023. This has been a.
"ethereum" Discussed on Ethereum Daily
"Binance signed a non binding letter of intent to acquire its rival FTX dot com. The deal does not include FTX U.S., which operates as a separate entity. Binance CEO CZ said FTX CEO Sam bankman fried reached out for help amid a liquidity crunch. FTX dot com has seen over $6 billion in user withdrawal requests over the last 72 hours. The move comes after binance announced plans to liquidate its position in FTX and declined and offered to have its position purchased from Alameda research, which is also owned by SPF. According to Reuters SPF approached other cryptocurrency exchanges, including oks before reaching a deal with binance, semaphore also reported the FTX was looking to raise more than a $1 billion from investors by midday on November 8th, the exchange is suspected of having a multi-billion dollar hole on its balance sheet after reportedly landing assets to Alameda research. The acquisition is currently pending due diligence from binance before a decision is made. Coinbase CEO Brian Armstrong assured users that the exchange has no material exposure to FTX or FTT and no exposure to Alameda research. Coinbase also published a blog post disclosing it holds $15 million worth of operational deposits on FTX, coinbase claims it never repurposes customer assets and holds user funds one to one. The statement comes as FT axis liquidity crisis ripples through the market akin to the collapse of Luna three arrows capital and Celsius,
"ethereum" Discussed on Ethereum Daily
"ethereum" Discussed on Ethereum Daily
"Vitalik Buterin proposed a milestone based at trust framework for rollups, the proposal aims to standardize the various stages of development into three categories, currently most roll ups rely on training wheels which booter and describes as a multisig with the ability to force a particular outcome in the event that bugs are found. Projects can use the framework to help users understand what specific trust model their rollup is using. The first phase of development, stage zero is defined as a rollup with full training wheels. Our role of transactions are available on chain and they roll up full node exists, however there is no active fraud proof or validity proof. Stage one is defined as a rollup with limited training wheels, which is where most projects stand today. Stage one involves a fraud proof or validity proof scheme, however a multi sig based override mechanism exists. Lastly, stage two is a roll up with no training wheels, a Security Council can not change the output of the code if no bugs are found. Blockchain infrastructure provider alchemy introduced spearmint, a no code platform for creating NFT and AirDrop allow. The tool is free to use and powered by alchemy's infrastructure. Spearmint enables a fast allow list setup which usually requires developers to set up self hosted API servers and databases. Creators can allow list addresses based on wallet balances, Twitter activity or Discord roles, experiments API automatically validates users and enables smart contract verification, experiment also features a dashboard for tracking signups and attributing marketing efforts, creators can currently apply for early access to the tool. Immutable X announced plans to extend enforceable on chain royalties to Ethereum mainnet, immutable X plans to implement a whitelist and blacklist for smart contracts that honor royalty fees. The list is to be governed by IMX token holders, EIP two 9 8 one is an existing Ethereum royalty standard that allows marketplaces to discover intended royalties. However, royalties are still at the discretion of NFT marketplaces, immutable list of whitelisted smart contracts will allow creators to only approve permissions for contracts that respect their royalties. Shell protocol launched its first proteus AMM engine pool, which is a custom built AMM. Users can now swap between and provide liquidity for a die in USD C pool on arbitrum. Additional pools will be built in the coming months. Shell says its AMM is more capital efficient than uniswap V three due to its ability to support more precise price buckets. It took shell 18 months of research and development to bring its primitive AMM engine to mainnet the engine maps liquidity concentration to token price history and providing improved prices for traders and more yield for liquidity providers. Users can also earn shell points in addition to trading fees as a reward for providing liquidity. And lastly, Vitalik Buterin updated the Ethereum road map diagram, adding a new phase called the scourge. The scourge aims to ensure reliable and fair credibly neutral transaction inclusion and solve the current MeV issues. The updated road map also has single slot finality as a stage two milestone for the merge, enabling staking withdrawals is currently the.
"ethereum" Discussed on Ethereum Daily
"Welcome to eth daily a daily briefing on the latest in Ethereum. ZK sync launches its V two upgrade to maintenance baby alpha L to beat releases an activity tracking dashboard, Twitter, tests a new NFT marketplace listing feature and DeFi saver releases a liquidy trove explorer. Alice in more from eth daily starts right now. ZK sync launched the second iteration of its protocol to mainnet baby alpha. Two is an EVM compatible ZK rollup allowing Ethereum developers to port their applications to the network. The mainnet baby alpha release is only accessible to matter labs, which will conduct real money stress tests on the network TK sync is also running security audits the roll up is offering up to $165,000 in bounties through an audit contest on code arena. CK sync will gradually lift restrictions on its mainnet release starting with whitelisted applications in Q four followed by a full launch alpha early next year. DK sync also plans to decentralize the protocol in 2023. You can sync is also working on a layer three chain called opportunity, which is a hyper chain builds on top of its layer to roll up. The project plans to release a proof of concept for its layer three early next year. ZK sync will also be releasing enhanced SDKs in multiple languages for developers. Layer two analytics platform LGBT released analytics tracking, a dashboard that tracks daily transactions per second across networks. The dashboard records peak daily transactions per second, monthly transaction volume and links to transaction data sources. It also displays a scaling factor representing layer two transactions processed compared to layer one. The current scaling factor is 2.42 X, meaning there are more transactions being settled across all layer twos than on Ethereum layer one. Arbitrum one is currently the leading rollup processing roughly 5 transactions per second over the last 24 hours. Optimism has processed over 6.25 million transactions over the past month. The highest amongst all layer two networks. Twitter is testing NFT tweet tiles a new feature that enhances NFT marketplace listings linked in tweets, the new update will display a large NFT image listing details and a purchase button. The feature supports NFTs linked from rarible magic Eden, dapper labs, and jump. It also works on any chain supported by the marketplaces, collectively the selected marketplaces support NFTs across Ethereum, polygon, Solana, flow, tezos, and immutable X, the feature is currently in beta across iOS and web for select Twitter users. Cross chain transfer protocol connects network completed amok and upgrade to the protocol that introduces a modular stack. The release includes support for arbitrary message passing, allowing developers to build a cross chain applications, a single call function on the network is split between the liquidity layer and a messaging layer, connects aims to enable chain agnostic applications that are accessible regardless of the chain they were built on, connects as amarok is a temporary solution as it plans to upgrade the network to a fully optimistic bridge in the future, a beta launch of the stack will be released in the coming weeks. And lastly, DeFi saver introduced a dedicated explorer for liquidy troves, which represent collateralized at that positions on liquidy, the explorer displays current trove stats, historical trove events and an overview of global liquidy stats. Users can also export data as CSV files. The goody is a decentralized borrowing protocol that allows users to borrow its L USD stablecoin against eth collateral. This has been a roundup.
"ethereum" Discussed on Epicenter
"Okay, that's fair. Now maybe if we look at layer twos and compare them to layer ones that are connected via trustless bridges, so kind of the ZK like crying bridges that we've seen recently. Which is kind of more of the IBC model, right? It's the cost modification of the Ethereum ecosystem. How do you see that in comparison to the real layer twos? Yeah, I mean, I think the big difference between those two models is like whether or not you have shared security, right? And it's like, Ethereum has shared security and it also has this really nice tight coupling property that basically says that the states of the different things that live inside and came here to Ethereum are going to be compatible with each other, even if Ethereum gets 51%. Even if there is a massive reversion, even if something terrible happens, the you're not going to, you might be able to revert some things, but you're not going to be able to cause it inconsistency. Whereas if you have chains will separate governance, then first of all, you could try to try to concentrate and take out one without taking out the others, then there's a question of let me know what if there's some internal political dispute inside of one that leads to a hard fork, but not the others. And. There's just kind of more of that kind of, I guess, security concern friction with any kind of interoperability with that model. So yeah, basically the argument is like one is like every blockchain is like a country, but the other is like every blockchain is like a country, but they're all part of it, but they're all part of the same defensive alliance. And I guess Ethereum has kind of committed itself to that approach.
"ethereum" Discussed on Crypto Cafe With Randi Zuckerberg
"The Ethereum merge is an upgrade to the Ethereum network that has been years in the making, in fact, there's a running joke about it because it's been delayed so many times because it ended up being more technically challenging than I think the anticipated. But the upshot of it is that essentially the security mechanism of Ethereum was changed and it was changed to something that is much more energy efficient and so drastically reduced Ethereum's environmental footprint that some estimates are that now it's been reduced by 99.98%. Sometimes I see a difference of some people say it's 99.95, but suffice it to say it is something that I think would silence a lot of the critics of blockchains who kind of just are really skeptical of the environmental footprint that they have. And one other thing that happened here was that the monetary of policy of Ethereum essentially changed as well. And up until this point, Ethereum has been inflationary, meaning that the issuance of new ether to miners was causing the inflation of the monetary supply of eth. And that has been drastically cut from what was 5% a year to now 0.5% a year. And it could potentially at times actually be deflationary because it's not as straightforward equation, but essentially the more usage on the network increases, the more that some ether will be burned and so when you quote unquote burn this ether, make it unusable forever, that then decreases the monetary supply. So these are some of the major changes that happened. The last bit, I guess I'll just say is the reason it's called the merge is that so this new security mechanism is something called proof of stake, the previous one was called proof of work. And the merge is actually kind of this moment where they just marry the economic activity on Ethereum over to a proof of stake blockchain that actually has been running since December of 2020. So because of how complicated it was to kind of make this happen they just decided to get the proof of stake part of it down and work on that for almost two years. And then once and then work on the technical underpinnings of how to move the vast amount of economic activity that happens on Ethereum, which is not just Ethereum transactions, but also DeFi and NFTs and even things like daos, which are called, which are decentralized as tongue's organizations, moving that all over to the proof of stake network in a way where the blockchain itself doesn't miss a beat that was quite the inner taking. And that's what happened last Thursday at roughly 3 a.m. eastern. I know both of you are younger than I am, but it almost feels like it was like a Y two K moment whenever I'm just like all the computers, the entire grid is going to go down at midnight on the turn of the century. David, talk to me about from a developer standpoint, have you been anticipating this merge for a while? What does it mean for someone who's actually building on Ethereum and what are people saying in the developer community? Yeah, absolutely. And I have been anticipating this for a long while, just as much as everybody else.
"ethereum" Discussed on Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money
"A detailed information concerning the previous transactions involuntary cache, including the wall address, date and time transaction, and the sum of crypto assets since the tornado cache in previous action hashes. L two boba integrates with the avalanche, later two scalar solution bowel and now it has expanded support to avala blockchain. According to Ava labs, boba is Alex first layer two solution and will offer developers a new scaling toolkit. If fork Ethereum for EPO W gets off to a rocky start, hours after Ethereum successfully completed its historic merit of proof of stake. Eth POW the POW rival office lacks the major stablecoin and app support took its own mainnet live Thursday afternoon ran some big tech issues. Celsius bank on the future with new planned named Kevin. Celsius fleury of anxiety over liquidity issues in a crypto lending space. After the company was unable to meet $5.5 billion due to bad loans. Moreover, tweet of a week, Brian Armstrong won the strongest policy arguments for cryptocurrency that is national security issue. The U.S. missed on semiconductors and 5G, which is now largely manufactured offshore. It can't afford to have cryptocurrency go offshore as well. Same for everyone, every country by the way. Weekly crypto fundraisers and deals doodles, the popular NFT project raises. Alexis or Henry 7 7 6, the crypto market maker raises 50 million led by valor ventures. Yellow card financial a pan Africa cryptocurrency exchange rate is 40 million a series B funding round led by polychain capital. Brett Howard Lee 35 million round for Missouri, diamond standard, a startup. That tokenizes diamonds raises $30 million in a series a funding led by the capital. And magma token management platform raised 15 million 70 $1 million led by Tiger global. Peer part of refresh consulting to bring the AR metaverse to market, peer ink, a matter of technology company has announced a new partnership with Seattle based innovation agency, fresh consulting. People will be working with fresh delivered on its gamified digital layout top of the world and supports its mission to bring people and come to the metaverse. Virtual provide and lead team of engineers developers designer strategists who will build innovative end to end solution for some of the world's largest tech companies.
"ethereum" Discussed on Coinstack - For Smart Crypto Investors - Bitcoin, Ethereum, DeFi & The Future of Money
"Crypto by the good old coin stack where we review the top news, the top stats tap reports all the top things that happened in the crazy crypto universe. First one at four top news of the week. We have Ethereum switches to prove a stake after 7 years of work. Ethereum has done a switch to its underlying census model of proof of stake following the culmination of 7 years of planning by the blockchain's core developers. But if one of the founders of Ethereum said and we finalize happy merge all, this is a big moment for the Ethereum ecosystem. Everyone who helped emerge happens to feel very proud today. Number two, White House releases comprehensive framework for crypto regulation and development. The White House has today released a first ever comprehensive framework for responsible development digital assets. Outlined the conclusion recommendations of various federal agencies up to 6 months of studying the crypto industry. Then we have South Korea issues arrest warrant for Terra CEO do Quan. A South Korean court has issued an arrest warrant for a terraform labs found in daquan, four months after the terror ecosystem $40 billion implosion. South Korean prosecutors ask Interpol to issue red notice for the Kwan who has now gone missing. Wintermute was had for about a $160 million in DeFi operations. Crypto market maker would set about a 160 million has been hacked from a C section X finance unit. The latest in a string of exploits hating the digital assets industry. Which will cynic, one of the founders of winter goes on and says, we've been hacked. For about a 160 million in our DeFi operations, C by an OTC operations are not affected. We are solving with twice over the amount in equity left. If you have a market maker agreement with winter mute, your funds are safe, there will be a disruption in our services today and potentially for next few days. And we will get back to normal afterwards. Number 5, there are two main challenges, gensler's view that nearly all crypto tokens are securities. As you see chairman, Gary gensler is a screwing over the regulatory body role in defining rules for
"ethereum" Discussed on Crypto Camel Podcast
"So we're coming up soon on the predicted date, which is somewhere around September 16th. This is when we think Ethereum will actually come through and be able to have the merge happen. So let's talk about the role of the Beacon chain. And the Beacon chain. So in order to increase a number of validators and process transactions using the POS Ethereum mainnet, which is still used as proof of work, needs to merge with the Beacon chain. And that's the consensus layer. So in December 2020, the Beacon chain will run parallel to the mainnet or live a blockchain version and currently over 375,000 active validators is the component responsible for controlling proof of stake. It's also crucial in preparing Ethereum for the next multi phase upgrade of short chains, which will help expand the network's capacity to scale and store data. So although the original plan was to work on char chains before the merge, this change because a lot of the accelerated growth of layer two scaling system such as arbitrum, optimism, loop ring. And so most of the term community found the merge of the transition groups seek to be higher priority. So while the role of the Beacon chain is expected to change over time, it will largely coordinate the network of charge and stakers. The Beacon chain can't run smart contracts or handle accounts, the merging with the mainnet will bring it to ability into the proof of stake ecosystem. And different than the Dow hard four work in 2016, which took place at the 3.6 million eth was stolen in the Dao hack, a prompting the creation of a separate blockchain called Ethereum classic. Ethereum will continue as a single network after the merge. In essence, the entire Ethereum approval work chain becomes the Ethereum proof of staking chain. Now, the merger will not affect the data layer or Ethereum's so no transaction will be lost in this transition. However, because mining will no longer be required, miners will likely state their assets and help validate the Ethereum mainnet. So the timeline of the Ethereum updates and forks is as follows all that can be drawn up process given the number of moving parts and market impact of Ethereum. These software upgrades require rigorous testing from the community and core developers to mitigate any bugs or vulnerabilities. And for instance, the launch of the Beacon chain is part of the transaction to prove the safe include
"ethereum" Discussed on Crypto Camel Podcast
"Everything you need to know, we're going to talk about three reasons why you might want to invest in it and some strategies that will help you get some major gains. So if you have been under a rock and you haven't heard about the Ethereum merge and don't know what it is, we're going to get into some details and explain to you the benefits of the Ethereum merge, what it's all about, and hopefully that answers some of your questions. So Ethereum is shifting to proof of stake and this is one of a very highly anticipated things that's happening in the cryptocurrency. So essentially the merge as they call it, it's intended to change Ethereum's blockchain from what it is right now, which is proof of work. It's like a consensus mechanism toward proof of stake.
"ethereum" Discussed on Epicenter
"Probably be large majority in favor. And if you take something like EIP 1559, they would probably be even clearer because coins are getting burnt and that's undoubtedly good for quite holders. But then it's like, if we, because we don't have like a formal process to gather other signals beyond these calls and whatnot, it would sort of elevate, I think that signal above others. And it's not necessarily the thing you want to optimize for, especially in the short term. Obviously, ether holders are like a stakeholder as part of the governance process, but they're not the only one. Nor are they necessarily the most aligned. You could argue the client teams developing Ethereum, even though they're not like the biggest coin holders by several orders of magnitudes. They have a desire to see Ethereum's thrive as a long-term infrastructure. But maybe the coin holders today don't have. Again, if you have a very view of this, maybe like most of the coin holders they are just holding for to merge because that's a trade for them and they'll move on to the next thing. And I'm not saying this is the case. And it would be in practice, but it's like, it's not clear to me that a signal from coin holders that a specific block being much more explicit than all the other signals we have actually adds value. And the root reason there is like, yeah, you're like optimizing for many stakeholders and there's obviously some alignment between coin holders and the other ones, but it's not like complete. And I think the more your project is like aligned with coin holders, the better those governance votes are of a signal. And if you think like imagine a very simple hypothetical DeFi product, where the coin basically gets part of the profits from the operation of that DeFi product, I think in those cases, it's entirely reasonable to have the coin holders be like, the main, if not sole decider of governance there because it's like, well, they're building this thing and this thing is like has a clear business model or flow funds flow of fund structure and they can optimize that and there's not really like, you know, users are obviously maybe not coin holders, but then the users are the ones who generate your profits. So you want to keep them happy. And this is basically a pretty simple alignment problem. And for Ethereum, it's like, you know, like, yes, there's obviously like the ether or the asset, but I think that's like a subset of what people are trying to build and what users use it for. And again, the very simplest example there, you could say, well, it's good for coin holders when the fees are high and a lot of eth gets burned. But that's obviously very bad for users. So you don't want to over optimize for them. And if they're also has had coin villain in the past, and I'm not sure we've gained much information from them. And this is not even getting to the technical parts of it, where a lot of the eth is not in a position where like it could vote. So for example, some of it is like in a multisig. Some of it is like wrapped in DeFi, some of it is like in cold storage. So you're not even getting a vote of coin holders, you're getting like a weird like vote of the eth that's readily available and willing to take some sort of procedural risk to go and vote on that. So yeah, I'm pretty against it. But I think for some other projects like where the incentive alignment is just much closer with just quite a holder that it makes a ton of sense. We will get to the merge in just a minute. I did want to just make one point of clarification one further question when it comes to governance. Digging into the stakeholders that you were mentioning. So for a lot of folks listening in, it may have been
"ethereum" Discussed on Ethereum Daily
"Hello everyone and welcome to ethereal daily daily briefing on the latest any theory that chicago mercantile exchange will offer ethereal micro features next month ethereal named service announces a governance token airdrop and coin. Base launches crypto backed the loans of up to one million dollars all this and more from ethiopia daily starts right now the chicago mercantile exchange has announced it will offer ethereal micro futures starting on december six cme already offers ethereal futures but requires investors to bet on contracts priced at fifty eighth the micro atheism contracts will be priced at one tenth of an eat allowing investors to make smaller traits futures contracts are agreements to buy or sell an asset at a certain price on a feature dates to features twenty four hour. Volume is currently higher than these spot trading volume since the announcement you theorem has reached. They new all time high of more than forty six hundred dollars. Cme currently has over twenty micro products including bitcoin micro futures which was launched in may e theory named service that easy to read naming system for crypto addresses has announced the launch of their governance token and dow is snapshot of dot e domain name. Holders was taken on sunday october. Thirty first in s will release details on the specifics and distribution of their token early next week users. That owns a second level domain. Prior to sunday will be able to claim. Ian as tokens token holders will be able to assign their tokens to a delegate that will vote on their behalf. Anyone can fill out an application on the discussion forum to be displayed as a delegate when users claim their tokens next week. Delegates are not awarded. Extra tokens for being delegates. There's also no specific. Po app issued for delegates. Anyone is able to submit a proposal to the nfl. The project is already decentralized organization self funded by domain rental fees. The root of ns is owned by multiasset contract with keys held by trustworthy individuals in the ethiopian community. Coin base has launched. Bitcoin backed loans of up to one million dollars with no credit check. Queen base is offering eight percent. Apr with these being able to borrow as much as forty percent against their bitcoin holdings to borrow the minimum amount of ten thousand dollars users will need to us. Twenty five thousand dollars worth of bitcoin. As collateral users can withdraw cash instantly to their pay pal account or they can transfer the cash to their bank via ach. The product has been ruled out for residents of twenty states including california new york new jersey texas and florida. The apr is variable and based on the overnight bank funding rate plus a margin. Fixed-term loans are also available for residents of connecticut quin be says.