Restaking platform EigenLayer and data availability layer EigenDA launched on the Ethereum mainnet on Tuesday. According to an official statement from EigenLayer developers, this move will allow returning users to delegate their entire stake to their preferred operator, and the operator will then be able to decide whether or not to run actively verified services (AVS) on EigenLayer. It also allows AVS to register for the beta version of EigenDA.EigenLayer allows users to stake Ethereum and earn Liquid Staking Tokens (LST), which can then be staked again for more rewards. Basic re-staking is done through EigenPod, a user-managed smart contract…
Author: Crypto Flexs
Read More
join us telegram A channel to stay up to date on breaking news coverage Metaplanet, a publicly traded company specializing in Web3 and Metaverse ventures, announced a major investment in Bitcoin (BTC) in a bold move that mirrors that of US giant MicroStrategy. The company acquired 1 billion yen (about $6.5 million) worth of BTC, making it a key asset for its treasury. This decision positions Metaplanet as a pioneer in the Japanese market embracing digital assets to hedge treasuries. How Metaplanet Jumped into Bitcoin Investing The strategic choice to adopt BTC has already paid dividends for Metaplanet, with the…
BitMEX co-founder Ben Delo has been hit with a class action lawsuit alleging market manipulation. A U.S. judge ruled that the exchange played a central role in designing a clearing system that would benefit from the scheme. BitMEX co-founder Ben Delo, a British citizen, faces a class action lawsuit from users after U.S. District Court Judge Andrew Carter ruled he played a central role in the cryptocurrency exchange’s price manipulation scheme. Is expected. The ruling came after Dello requested the lawsuit be dismissed, but Judge Carter concluded that he played a key role in designing a clearing system that allowed…
Polkadot has reached an all-time high in the active and unique wallet segment. DOT held around $9. According to recent data, Polkadot experienced the highest number of active wallets last month, signifying a positive development for the platform. However, this increase in active wallets was not reflected in the number of transactions and did not show a similar positive trend. Polkadot has over 600,000 active accounts. Analysis of Polkadot’s active account data shows that the total number of active accounts in the ecosystem has surpassed 605,000. In particular, Moonbeam provided the most active addresses, with over 248,000. This figure marks…
We are very excited to announce that. beam (beam) Now available on Kraken! important: Kraken does not support migrating MC tokens to BEAM. If you hold MC tokens and would like to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ. Alternatively, you can access the migration tool directly from the Merit Circle Migration Portal. Funding and Transactions Financing for BEAM is underway and trading will begin on April 11. Add BEAM to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit BEAM only on Ethereum. Deposits…
XDB CHAIN Launches CBPAY Airdrop and Announces Leading Technology Ecosystem Partnership for the Travel Industry to Drive RWA Adoption – Chainwire housenewsroomXDB CHAIN launches CBPAY Airdrop and announces key technology ecosystem partnerships in the travel industry to drive RWA adoption We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose…
Posted 1 minute ago In ~ Updated: April 9, 2024, 5:45 PM EDT Companies that have received approval from the Securities and Exchange Commission for spot Bitcoin exchange-traded funds say they have little confidence that the agency will approve their proposals for an Ethereum product. CNBC.VanEck CEO Jan van Eck told CNBC in an interview published Tuesday that he expects the VanEck Ethereum ETF to be rejected in May. This is the first deadline for the SEC to decide whether the product will pass.“The legal process is for regulators to comment on your application. This has been happening for weeks,…
As the cryptocurrency industry eagerly awaits the highly anticipated Bitcoin halving event, leading cryptocurrency analyst Willy Woo has made an optimistic prediction that is causing considerable excitement among enthusiasts. Woo specifically emphasized the potential for a dramatic surge in the price of Bitcoin, using the term “ballistic” to describe the expected trajectory following the halving. In particular, Bitcoin halving is an essential component of the protocol. This happens approximately every four years and reduces miners’ rewards for validating transactions on the blockchain. This event will also effectively reduce the rate at which new BTC comes into circulation, increasing the asset’s…
April 9 What is a Bitcoin Rollup? Posted at 17:36h education by admin In Bitcoin, rollups emerged as a solution to address some of the most pressing challenges facing major cryptocurrency networks: scalability and efficiency. Serving as a bridge between the need for decentralized security and the need for higher transaction throughput, Rollup provides a new approach to processing off-chain transactions and then aggregating them into a single transaction on the main blockchain. This technology not only improves the performance of the underlying network, but also paves the way for a new era of decentralized applications (DApps) that can operate…
Configurations affected: Any smart contract wallet created using Ethereum Wallet Frontier, version 0.4.0 (Beta 7) and below. Wallets created with Ethereum Wallet 0.5.0 and all later versions released after March 3, 2016 are not affected. something that could happen: low severity: High summary: Do not use wallet contracts or owner accounts from wallets created under Ethereum Wallet 0.4.0 or earlier. If you send to or interact with a malicious contract, that contract may take ownership of your wallet contract. Create a new wallet and move your funds. How to be super safe?? Do not use vulnerable wallet contracts and the…