The Ethereum network saw a surge as the number of validators approached 1 million.On-chain data from the Beacon Chain and Ethereum validator queue shows the number of active validators at 979,686. However, a Dune Analytics dashboard curated by Dragonfly analyst Hildobby puts the network’s total number at more than 1 million.Ethereum active validator. (Source: Beaconcha.in)These validators held a total of 31.36 million ETH, accounting for approximately 26% of the total supply of digital assets.Notably, most of these validators staked their assets through Lido, a liquid staking platform that accounts for approximately 30% of staked ETH, according to Nansen data.Ethereum validators…
Author: Crypto Flexs
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As groundbreaking Web3 social media service Farcaster sees increasingly higher day-to-day activity, its developers are reportedly looking for new capital. Merkle Manufactory, the Web3 social media company behind the Farcaster social network and Warpcast client, is nearing completion of a funding round led by cryptocurrency VC Paradigm that will value the company at over $1 billion, giving the company unicorn status, a report said. . Bloomberg. Running on Ethereum and the OP mainnet as well as Farcaster’s peer-to-peer server off-chain system called Hub, Farcaster has attracted tens of thousands of users, including some of the biggest names in the cryptocurrency…
join us telegram A channel to stay up to date on breaking news coverage The non-fungible token market has faced a severe collapse in recent weeks. Most floor prices fell below 20 Ethereum. This is a 90% decline from the 2022 all-time high. Even as fellow cryptocurrency markets are booming, the NFT market is in decline. The rally runs counter to the initial bull market. However, this week the number of investors purchasing NFTs increased by 25% compared to last week. NFT status over the past 7 days Data from on-chain market data aggregator CryptoSlam.io shows that global non-fungible token…
Traders are seeing returns of over 27,600% after investing in Memecoin, launched on Ethereum (ETH) layer 2 scaling solution Base. According to Lookonchain, a blockchain tracking company, one smart trader turned After purchasing Degen (DEGEN) in January I turned $18,000 into $5 million – a gain of 27,677%. “Investing only 7.35 ETH ($18,000) in DEGEN, this trader earned ~$5 million, a 272x profit! He purchased 260 million DEGEN using 7.35 ETH ($18,000) on January 15 and January 21. He then sells 102.5 million DEGEN for 1.26 million USDC, leaving him with 157.5 million DEGEN (3.75 million).” DEGEN, with a market…
Today, Bitmain, one of the largest Bitcoin mining equipment manufacturers, announced the launch of the Antminer S21 Pro at the Global Digital Mining Summit (WDMS) 2024, an event hosted by the company.🔥ANTMINER S21 Pro newly released❗️234T ❗️15.0J/T📈Create a new level of hash rate pic.twitter.com/wZyUv7pbOQ— Bitmain (@BITMAINtech) March 29, 2024 An improvement on the most efficient mining rig, the S21, the new device is much more efficient and powerful than its predecessor.Irene Gao, Vice President of Mining at Bitmain, highlighted in the announcement that Antminer S21 Pro has a hash rate of 234 TH/s and an energy efficiency rate of 15.0…
security warning Configuration affected: Geth Severity: High Summary: An issue has been identified in Geth’s journaling mechanism. This resulted in a network fork at block #2686351 (24 November 2016 14:12:07 UTC). The new Geth release 1.5.3 fixes journaling issues and repairs forks. Details: Geth failed to revert empty account deletion when the transaction causing it was terminated with an out of gas exception. Additional issues have been discovered with Parity. Here, the Parity client incorrectly failed to revert an empty account deletion in a more limited set of contexts involving out-of-gas calls to precompiled contracts. The behavior of the new…
The price of RippleNet’s native token, XRP, is sparking speculation after prominent crypto analysts gave conflicting forecasts. Both predict a potential surge, but the conditions and reasoning behind their predictions are significantly different. XRP rally hinges on $0.75 hurdle, analyst says. CryptoInsightuk, a well-known analyst, believes that XRP will soon see a big rally, rising to $1.20. But his optimism hinges on an important technical indicator: a daily closing price above $0.75. He argues that this will break the 250-day accumulation phase and pave the way for a short-term surge. Achieving this benchmark is difficult. XRP is currently sitting at…
Posted 1 minute ago In ~ Activity on the Coinbase-fostered Layer 2 blockchain base remains hot as March closes. Daily trading volume and volume reached record highs.Data from the Dune Analytics dashboard created by user @watermeloncrypto shows that Base saw an all-time high of 2.27 million transactions on March 29.The surge in daily activity comes after Base’s weekly transactions hit an all-time high of about 9.59 million on March 18. The previous weekly record was about 9.3 million in September last year.Meanwhile, weekly network revenue on the base also hit an all-time high on March 18, according to the data.Base’s…
A recent court ruling dealt a blow to Custodia Bank’s ambitions to secure a Federal Reserve master account and highlighted the challenges digital asset banks face when integrating with the traditional banking system.Court ruling against Custodia BankThe U.S. District Court for the District of Wyoming, led by Judge Scott Skavdahl, denied Custodia Bank’s request for a Federal Reserve master account, a critical asset that gives the bank direct access to the Federal Reserve’s payment system.Custodia’s claim for equal treatmentCustodia Bank argued that the lack of a master account reduced it to ‘second-class citizen’ status, dependent on intermediary banks. This dependence…
The price of DOGE has surged 33% in the past 7 days. Several indicators hinted at a possible price correction. Dogecoin (DOGE)The world’s largest meme coin, silver, has been generating a lot of buzz over the past few weeks as the price has risen significantly. There may be a number of factors responsible for DOGE’s performance, but one of the main reasons may be whale activity. Dogecoin whales are hungry The overall cryptocurrency market remained somewhat strong last week. Bitcoin (BTC) It exceeded 700,000 won. But Dogecoin was the star of the show. CoinMarketCapThe meme’s value has surged more than…