Posted 1 minute ago In ~ MetaMask, a popular cryptocurrency wallet application, has partnered with Consensys Stake to run an Ethereum validator node on behalf of users looking to stake at least 32 ETH, currently worth about $80,000.Following the switch from a proof-of-work network to a proof-of-stake network in September 2022, known as ‘The Merge’, Ethereum’s network is now secured by such validators. Many staking providers allow users to pool smaller amounts of funds together to meet the 32 Ethereum requirement to run one validator and split the rewards. However, MetaMask’s new staking service promises no pooling or hardware or…
Author: Crypto Flexs
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T’was the day before genesis, when all was prepared, geth was in sync, my beacon node paired. Firewalls configured, VLANs galore, hours of preparation meant nothing ignored. Then all at once everything went awry, the SSD in my system decided to die. My configs were gone, chain data was history, nothing to do but trust in next day delivery. I found myself designing backups and redundancies. Complicated systems consumed my fantasies. Thinking further I came to realise: worrying about these kinds of failures was quite unwise. event The beacon chain has several mechanisms to incentivize validator behavior, all of which…
What is IXcoin? IXcoin is a decentralized digital currency that aims to provide a secure and efficient way to transfer value over the internet. IXcoin uses a peer-to-peer network to facilitate transactions without the need for a central authority such as a bank or government. It is based on the Bitcoin protocol, but has some key differences that make it stand out in the cryptocurrency space. Main features of IXcoin Proof-of-Work (PoW) Algorithm: IXcoin uses a PoW algorithm, similar to Bitcoin, to secure the network and verify transactions. Scrypt mining: Unlike Bitcoin’s SHA-256 algorithm, IXcoin uses the Scrypt algorithm for…
As 11 spot Bitcoin ETFs began trading on the U.S. stock market, the cryptocurrency market experienced significant volatility, with the price of Bitcoin (BTC) rising above $49,000 before quickly retreating to previous levels. Despite the SEC’s recognition controversy, the altcoin market followed Bitcoin’s initial instability but has since stabilized. In this dynamic area, altcoins such as Arbitrum (ARB), Sei (SEI), and Optimism (OP) are gaining attention as potential ‘Solana killers’ and are expected to potentially deliver gains of over 300% to their holders. Ride the wave of innovation with ScapesMania With the ScapesMania pre-sale nearing completion in February, the team…
Crypto whales are buying a correction in digital asset markets, according to blockchain tracking firm Lookonchain. Lookonchain says that as the price of Ethereum fell, “smart whales” with a solid track record of profitable trades bought the dip above 3,600 ETH. “After the price of ETH fell (on Friday), this smart whale bought back 3,600 ETH ($8.9 million) at a lower price… These whales are very good at buying ETH at low prices and selling ETH at high prices. Current revenue is ~$25.8 million!” source: LookOnChain/X As of this writing, ETH is trading at $2,470. Lookonchain also spotted a whale…
Kelexo (KLXO) aims to eliminate the traditional problems associated with borrowing or lending money. Because it is web3-based, it is decentralized and offers instant payouts on loans and low transaction fees. In the pre-sale, Kelexo attracted investors including Solana and meme coin holders. Solana is falling In December, Jito (JTO), Dogwifhat (WIF), and Bonk (BONK) airdrops supported ecosystem tokens, but not Solana. From January 17th to 18th, BONK and JTO fell 15% and 19%, respectively. Solana also fell 9% on January 18, hitting a low of $91.40. SOL’s market capitalization is 50% below its November 2021 peak. Bonk’s hype is…
Justin Sun, founder of the Tron blockchain, has recently made significant headlines in the cryptocurrency world for his activities on the Binance exchange. Sun from December 18, 2023 withdrawn Binance has brought a total of $60 million worth of various cryptocurrencies to the attention of the cryptocurrency community, sparking considerable speculation about their impact on the market. The assets withdrawn include various cryptocurrencies, including 17,433 units of Ethereum (ETH) worth about $43 million, 68,999 AAVE tokens worth about $6.7 million, and 656.4 billion Shiba Inu (SHIB) tokens worth about $6.3 million. . Additionally, withdrawals included 61,249 Chainlink (LINK) tokens ($957,000),…
Illustration by Mitchell Preffer for Decryptsince last week dramatic conclusion Following the months-long Bitcoin ETF saga, mainstream financial and political forces this week attempted to embrace the cryptocurrency ethos, for better or worse. On Wednesday, Wall Street investment firm Franklin Templeton’s digital assets team attempted to inject youthful energy into the legacy company by taking over the company’s Twitter account. A buzzing debut One of several spot Bitcoin ETFs. Not sure what you think of Laser Eye Ben? Imagine wearing a hat instead of a ben — Franklin Templeton (@FTI_US) January 17, 2024References mentioned Dog We FatThis is the Solana…
The Bitamp Bitcoin Wallet allows users to access Bitcoin wallets using seeds from a variety of major wallets, including Bitamp, Electrum, Mycelium, Trezor, Ledger, Blockchain, and more. In a strategic move to improve user convenience and accessibility, Bitamp users can now access their Bitcoin wallet using Bitamp-generated seeds. This innovation extends to users of popular wallets such as Electrum, Mycelium, Trezor, Ledger, and Blockchain, providing a unified, user-friendly experience across multiple platforms. Key Features: Interoperability: Bitamp breaks down barriers by facilitating compatibility with seeds generated from other major wallets. Users can easily import seed phrases from Electrum, Mycelium, Trezor, Ledger,…
The cryptocurrency market is not off to a good start until 2024. This has affected many altcoins and investors are confused about which cryptocurrency is best to invest in. According to the report, the market experienced a liquidation of $115 million in one hour, further reducing the total value of the market. . However, some altcoins still show a positive outlook even during these difficult times. Experts believe that it can improve the holder’s portfolio in the long run. Galaxy Fox This is one of the altcoins. New MEMCOIN presales will continue regardless of market conditions. $GFOX It recently hit…