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The cryptocurrency landscape is constantly evolving with new updates across various sectors. The latest Ethereum upgrade, EIP-7781, aims to improve network performance by potentially reducing block times by up to 50%, but concerns about the impact on individual stakers have surfaced. I am. In another development, SafeWallet has rolled out new features designed to enhance accessibility for users. Nevertheless, plus wallet is setting a new standard by offering unlimited rewards for daily trading activities. Users who participate in referral activity receive rewards from both their own and their referrer's trading activity. Combining state-of-the-art security measures with passive income opportunities, Plus…
This development sparked mixed reactions among market watchers and crypto trading enthusiasts. Some market analysts believe this indicates BlackRock's long-term bullish outlook on ETH's potential to deliver higher yields. If this trend continues, ETH price could rise above the $2,600 barrier by the end of October. But some warn that BlackRock's activities may be tied to client-driven ETF trading rather than a broader strategic shift. Commenting on this trend, Kevin Oakeson, CEO of HMNBRDNetwork, highlighted the difference between asset managers' operational decisions and client-driven portfolio movements. “It is important to distinguish between products held for clients through ETFs and actual…
Bitcoin (BTC) soared more than 6% on Friday following news that bankrupt cryptocurrency exchange Mt. Gox will extend its repayment deadline to its remaining creditors. Mt Gox began repaying creditors in July and has “nearly completed basic repayments, early lump sum repayments and interim repayments” in the months since then, according to a statement posted on the bankruptcy exchange's website. . “However, there are still many rehabilitation creditors who have not completed the necessary procedures for repayment.Also, there are many rehabilitation creditors who are unable to receive repayment due to various reasons such as problems during the repayment process. It…
Over the years, the level of activity for Initial Coin Offerings (ICOs) has been mostly downhill, with their popularity and frequency dropping significantly compared to their heyday in 2017-2018. ICOs were a way for new crypto ventures to raise funds. Imagine a company looking to launch a new service or product. They sell crypto tokens to the public rather than relying on banks or traditional lenders. Similar to crowdfunding, but using cryptocurrencies instead of regular cash, buyers are betting that these tokens will appreciate if the project takes off. Between 2017 and 2018, the ICO market reached its peak, with…
20:07 ▪ 4 Minimum read time up to ▪ Luc Jose A. Satoshi Nakamoto's identity continues to fascinate the world. The mysterious creator of Bitcoin, who was at the root of a true revolution in the cryptocurrency field, remains unknown. Despite years of speculation, no one has been able to solve the mystery. Currently on HBO documentary Money Electric: The Mystery of Bitcoin has reignited the debate by claiming that Peter Todd, a well-known Canadian developer within the community, is the man behind Satoshi Nakamoto. This statement immediately sparked debate and a particularly strong reaction from Adam Back, who disputed…
Craig Wright, the controversial figure who claims to be the founder of Bitcoin, has slammed MicroStrategy co-founder Michael Saylor, accusing him of distorting the essence of Bitcoin. Wright's accusations come on the heels of Saylor's announcement that he wants to turn MicroStrategy into a Bitcoin (BTC) merchant bank. In a scathing critique posted to I can’t.” Wright specifically directed his anger at Saylor for “building so-called 'Bitcoin banks' that serve as the very roadblocks that Bitcoin was designed to eliminate.” Saylor recently told analysts at Bernstein that MicroStrategy is a “Bitcoin financial company” and that his goal is to grow…
New reports have revealed that black rockThe world's largest asset management company and American multinational investment company Selling Bitcoin (BTC) Purchase Ethereum (ETH). Many market watchers have suggested that this unexpected investment shift could trigger an Ethereum bull run and trigger another rally. altcoin season. BlackRock releases Bitcoin for Ethereum Lookonchain is a blockchain analysis tool. not covered A shocking new deal executed by asset management company BlackRock. Lookonchain revealed on its official X (formerly Twitter) account that BlackRock recently sold 182 BTC worth $11.34 million. During the same period, blockchain analysis tools recorded that BlackRock purchased 7,574 ETH tokens…
MrBeast, a YouTube entertainer with more than 320 million followers, has come under intense scrutiny following an on-chain investigation suggesting he may have made millions of dollars in low-cap cryptocurrencies. I am. According to an anonymous crypto sleuth known as SomaXBT, MrBeast (real name Jimmy Donaldson) has raised $10 million by backing Initial DEX Offerings (IDO) of projects such as Polychain Monsters (PMON) and Virtue Poker (VPP). I was earning more than that. SomXBT says this is an ethical red flag and amounts to a pump-and-dump scheme. By promoting a token to millions of followers and only selling it after…
Wealthy crypto holders who bought Bitcoin (BTC) more than 12 years ago are suddenly turning their flagship digital asset into action with huge profits. On Thursday, a previously dormant cryptocurrency wallet suddenly moved its Bitcoin stack after posting a 994,495% gain, according to on-chain data. Blockchain tracker Whale Alert says: “A dormant address containing 100 BTC ($6,017,301) was activated for the first time in 12.7 years (2012 value $605)!” On Wednesday, an even larger ancient Bitcoin address woke up and moved a treasure trove of Bitcoins, making a profit of over 5,972,915%. Blockchain tracker Whale Alert says: “A dormant address…
peter chan October 12, 2024 16:14 The Ethereum Foundation is launching five six-month research fellowships focused on unexplored Ethereum use cases. Applications are accepted until November 15, 2024. The Ethereum Foundation's EcoDev research team has announced the opening of five six-month research fellowship positions. According to the Ethereum Foundation blog, the initiative aims to explore untapped use cases within the Ethereum (ETH) ecosystem. Explore new use cases for Ethereum This fellowship aims to encourage researchers, developers, and industry professionals to explore the potential of Ethereum. Applicants are asked to provide background information and a…