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staking farmLONDON, UK, April 30, 2024 (Globe Newswire) — staking farm, Ethereum’s leading liquid staking protocol, has achieved a milestone of surpassing 1 million cryptocurrency validators, underscoring its dominance in the staking industry. This important achievement not only highlights StainingFarm's robust capabilities; cryptocurrency staking sector, accounting for over 15% of all cryptocurrencies staked.“We are thrilled to announce that SakingFarm has reached over 1 million validators. This is a testament to the reliability, efficiency of our platform, and the trust the cryptocurrency community has in us. ” said Klajdi Toci, CEO of SakingFarm. “This milestone is more than just a numerical…
The euro sign is seen in Frankfurt, Germany on January 18, 2024. It snowed in Frankfurt on Thursday. (Xinhua/Zhang Fan)Tuesday's inflation data is likely to confirm the European Central Bank's (ECB) decision to cut interest rates in June.BRUSSELS, April 30 (Xinhua) – The euro zone economy grew modestly in the first quarter of this year, although economists cautioned against overstating the economic recovery.Both the euro zone and European Union (EU) economies expanded by 0.3% quarter-on-quarter in the first quarter of 2024, according to data released by European statistics agency Eurostat on Tuesday.Gross domestic product (GDP) decreased by 0.1% in the…
Bitcoin may have peaked this cycle, and what awaits investors could be a sharp drop in the value of the token. This is according to veteran chart analyst Peter Brandt, who predicted a sharp decline in Bitcoin prices in 2018. He points out that each Bitcoin bull cycle from 2009 to 2021 saw a 20% decline in profits. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app Bitcoin may have peaked at a high of around $73,000 in March, and what awaits investors could be a 50% drop in the value…
The euro fell slightly on Tuesday. In North American trading, EUR/USD was trading 0.17% lower at 1.0703. Eurozone GDP rises, inflation falls In the first quarter, the euro area economy grew by 0.3% compared to the previous quarter, the highest growth rate since the third quarter of 2022. This follows flatness in the fourth quarter of 2022 and exceeded market expectations of 0.1%. On an annualized basis, the economic growth rate was 0.4%, up from 0.1% in the fourth quarter of 2022 and higher than market expectations of 0.2%. Germany, the eurozone's largest economy, saw its GDP increase by 0.2%…
Cryptocurrency exchange Coinbase has officially launched its Bitcoin Lightning Network integration. In fact, the exchange announced that the integration, made possible through its partnership with Lightspark, will officially begin rolling out today. Assimilation of the Bitcoin Lightning Network into exchanges will make it easier for users to make instant and low-cost Bitcoin transfers. Specifically, all her Coinbase users will now have a faster and more affordable option to choose from. However, you can also choose the traditional Bitcoin network to process your transactions. JUST IN: Coinbase officially integrates #bitcoin lightning network. — Watcher.Guru (@WatcherGuru) April 30, 2024 Also read: Coinbase…
Monero’s XMR token has fallen to its lowest value against Bitcoin in eight years due to regulatory pressure on the privacy-focused blockchain network.According to data from CoinMarketCap, the XMR-BTC chart hit a low of 0.001954BTC today, down 50% since the beginning of the year. Furthermore, the US dollar value of digital assets has also struggled, falling more than 20% in the past year to less than $120 at the time of writing.Nevertheless, Monero developers are ramping up efforts to strengthen network privacy features despite regulatory challenges.FCMPA recent announcement on the website announced a new privacy mechanism, Full Chain Membership Proof…
ConsenSys has refuted the Securities and Exchange Commission's (SEC) assertion that Ethereum may be considered a security following the transition to a proof-of-stake consensus mechanism. The software company founded by Ethereum co-founder Joe Rubin has filed a lawsuit against the SEC in federal court in Texas, accusing the regulator of misapplying federal securities laws. Proof of Stake does not make Ethereum a security The dispute began when the SEC issued a Notice of Wells to ConsenSys stating that it plans to sue the company. The notice was part of a broader SEC investigation called “Ethereum 2.0” that began on March…
Frankfurt and Paris stocks fell, but the euro rose against the dollar after data showed the euro zone economy emerged from recession as inflation came under control in the first quarter. The euro then gave up its rise and began to fall.Meanwhile, the London market soared to a new high of 8,199.95 points, and HSBC soared more than 4% on a raft of share buybacks, despite a drop in first-quarter profits and the resignation of its chief executive. However, the FTSE 100 index was unable to maintain its gains and closed lower.Gross domestic product (GDP) in the euro zone, which…
The euro area economy recovered from a slight recession in the first quarter as Germany returned to growth and expansion accelerated elsewhere, but inflation remained steady and the European Central Bank (European Central Bank) The rationale for the ECB to cut interest rates has further strengthened. Official data on Tuesday showed that the gross domestic product (GDP) of the 20-nation bloc rose 0.3% year-on-year in the January-March period and 0.5% year-on-year, but market expectations indicate that both will expand. This was an increase of 0.2% compared to the previous year. The GDP data for the fourth quarter was also revised…
Former Binance boss Qiao Changpeng, who will be sentenced in the United States later Tuesday on money laundering charges, has perfected the guise of a humble executive while at the helm of the world's largest cryptocurrency company.He was rarely seen at parties, on stage or at meetings without wearing a black polo shirt emblazoned with his company's insignia and a tattoo of his company's logo on his arm.It was crucial to perpetuate the myth that the boy, who had made a living flipping burgers in Canada after suffering in China, had yet to amass a fortune estimated to be in…