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Michael Nadeau of The DeFi Report claims that Unchain has the potential to redistribute millions of dollars of value to Uniswap Labs and UNI token holders. Not everyone is convinced that layer 1 liquidity will migrate. Posted on October 14, 2024 at 6:24 AM EST. Uniswap Labs is the latest entrant to the Layer 2 ecosystem – the company behind decentralized exchange Uniswap, which last week revealed We plan to release 'Unchain' in the coming weeks. Uniswap founder Hayden Adams said the motivation behind the new Layer 2 is the fragmentation of decentralized finance (DeFi), where liquidity on each network…
The ECB is expected to announce interest rate cuts on Thursday in response to falling inflation and worsening economic conditions. Eurozone inflation fell to 1.8% in September, but weak PMI data points to economic stagnation. advertisementThe European Central Bank (ECB) is widely expected to announce a rate cut at its next board meeting on October 17, as worsening economic conditions and falling inflation force policymakers to consider further monetary easing. . The ECB already cut deposit facility rates by 25 basis points in September, leaving room for future adjustments. ECB President Christine Lagarde stressed the importance of a data-driven meeting-by-meeting…
12:05 ▪ 3 Minimum read time up to ▪ Eddie S. Several major economic and geopolitical events could cause the price of Bitcoin to rise significantly this week. Here are four main factors to look at to understand why Bitcoin is likely to soar in the coming days. Bitcoin could skyrocket this week, but why? Several economic and geopolitical events could have a significant impact on the price of BTC this week. There are four main factors to be aware of: OPEC Monthly Report: Scheduled for Monday, this report provides important information on oil production and global demand forecasts. Fluctuations…
The European Central Bank is expected to cut interest rates again this week as inflation concerns recede in the euro zone and worries about slowing growth grow. Inflation fell to 1.8% across the 20 euro zone countries in September, falling below the ECB's 2% target for the first time since 2021. Interest rates are expected to rise again towards the end of the year, but there is a growing feeling that consumer prices are back under control. “Victory against inflation is in sight,” French central bank governor François Villeroy de Galhau, a member of the ECB's rate-setting board, said last…
The European Central Bank is expected to cut interest rates again this week as inflation concerns recede in the euro zone and worries about slowing growth grow. Inflation fell to 1.8% across the 20 euro zone countries in September, falling below the ECB's 2% target for the first time since 2021. Interest rates are expected to rise again towards the end of the year, but there is a growing feeling that consumer prices are back under control. “Victory against inflation is in sight,” French central bank governor François Villeroy de Galhau, a member of the ECB's rate-setting board, said last…
A man who accidentally dumped a hard drive containing 8,000 Bitcoins worth $500 million in a landfill is suing his local city council for not excavating the site.
james howellshas been written into the history books for being accidentally disposed of. Bitcoin BTC/USDtoday worth more than $500 million, has taken a major step in recovering them. what happened: In a last ditch effort, a Wales-based software engineer has sued Newport City Council for approximately 495.31 million British pounds, or approx. The company filed a lawsuit seeking $647 million in damages. WalesOnline reports that this includes approximately 8,000 units of Bitcoin. Howells said the lawsuit was a strategy to persuade the city council to allow the landfill to be excavated and did not reflect the actual situation. SEE ALSO:…
In a blog post released on October 14, Ethereum co-founder Vitalik Buterin highlighted technical improvements to the proof-of-stake (PoS) system and announced possible future enhancements to the Ethereum protocol. Outlined about gender. This post, titled “The Possible Future of the Ethereum Protocol, Part 1: Merging,” delves into strategies to improve stability, performance, and accessibility while addressing the risks of centralization. First, Buterin reflected on Ethereum's successful transition from proof-of-work to proof-of-stake, also known as “merging,” about two years ago, saying, “This proof-of-stake is a combination of stability, performance, and centralization risk. ” However, he stressed that “there are still some…
In this article, we will report all the latest and most relevant news about crypto projects Mantra, Monero and Aptos to keep you updated on the evolution of the market. Let's take a look at how the respective cryptocurrencies OM, XMR and APT are performing in terms of price. One of them has just reached a new ATH. All details are below. Latest news on crypto projects Mantra, Monero and Aptos Before we move on to the charts, let's take a look at what is the most important news in the crypto sector regarding the Mantra, Monero and Aptos projects.…
10:05 ▪ 5 Minimum read time up to ▪ Luc Jose A. Between revolutionary announcements, technological advances, and regulatory disruption, the cryptocurrency ecosystem continues to prove that it is both a realm of boundless innovation and a battleground between regulation and economics. . Here's an overview of last week's most important news on Bitcoin, Ethereum, Binance, Solana, and Ripple. HBO reveals Satoshi's true identity: Crypto community plunges into confusion HBO shocked the crypto community with its documentary “Money Electric: The Bitcoin Mystery” by claiming that Canadian developer Peter Todd may be the mysterious creator of Bitcoin. The film is based…
Total Ethereum Staking Value (ETH 2.0), October 14, 2024 | Beacon Chine Looking at the chart above, ETH 2.0 staking deposits were initially reduced to 33,300,500 ETH on Friday, October 11th. This number increased significantly over the weekend, reaching 33,341,364 at the time of writing on October 14th. This reflects that investors deposited approximately 43,840 ETH worth. 110 million in the last three days. When staking inflows increase during an uptrend in price, strategic investors interpret it as a major bullish momentum signal. There are two reasons for this. First, this shows that the majority of Ethereum's key stakeholders are…