Users of Coinbase, the leading U.S. cryptocurrency exchange, can now buy, sell, and hold new tokens from ZetaChain (ZETA), a layer-1 blockchain and smart contract platform. coinbase Called Launched on February 1st, we are rolling out support for altcoins as an experimental asset label. Exchanges give this mark to tokens that pose certain risks, such as price fluctuations and order cancellations due to low trading volume and availability. ZetaChain is a proof-of-stake blockchain designed to allow different blockchain networks to communicate and interact seamlessly with each other. Called The team behind the network; “ZetaChain aims to establish a new standard…
Author: Crypto Flexs
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Some of the struggling cryptocurrency custodians Credo QRDO -1.51% It was placed into administration following a partial acquisition by 10T Holdings and 1RoundTable Partners, a growth equity firm led by veteran investor Dan Tapiero.10T and 1RT said on Friday they had acquired “significant” assets of Qredo through a new UK-based entity, Fusion Laboratories. The acquisition comes after the two companies led Qredo’s bridge financing round and reorganized the company late last year, they said. This confirms a previous report from The Block.As part of the transaction, 10T and 1RT will relaunch the assets acquired by Qredo through Fusion Labs. It…
Crashino is an innovative new online crypto casino that offers a fun and unique gaming experience. Founded in 2021, Crashino has already made a name for itself by focusing on provably fair games and introducing the exciting concept of crash gambling to the crypto casino scene. With state-of-the-art security, fast payments, responsive customer support, and a visually stunning website, Crashino aims to provide players with a world-class crypto gaming destination. In this review, we take an in-depth look at all that this up-and-coming casino has to offer. Visit Crashino Quick Verdict: Crashino brings an innovative crypto casino to market with…
Marathon Digital has finalized an agreement with Hut 8 to acquire operational control of the Bitcoin mining site, paying a termination fee of $13.5 million. Marathon’s takeover of the mine sites in Granbury, Texas, and Kearney, Nevada, scheduled for completion on April 30, follows Marathon’s acquisition of the mine sites on January 16 for $178.6 million. Hut 8 has been managing its operations under a contract it inherited from the previous merger worth $1.2 million a month. This transition aims to improve Marathon’s operational efficiency and cost-effectiveness in mining Bitcoin (BTC) at these locations. “By operating the sites in Granbury…
Polygon laid off a significant portion of its workforce. Network activity and monetization decreased. Polygon (MATIC) announced its decision to lay off 60 employees, or 19%, in a blog post written by CEO Marc Boiron on February 1. Boiron made it clear that the move was part of the company’s strategy to optimize operations for improved performance, emphasizing the need for a more agile, ownership-driven team. Management’s Opinion The CEO said affected employees will receive two months of severance pay and health benefits through February. The company also plans to retroactively increase total salaries for existing employees by at least…
February 2 What is the mercury layer? Posted at 18:26h education by admin A new kind of Bitcoin layer 2 protocol Mercury Layer, created by Commerce Block, represents a significant advancement in Bitcoin’s layer 2 scaling ecosystem and focuses on improving privacy and efficiency through state chains. The Mercury Layer enables off-chain transfer and settlement of Bitcoin UTXOs (unspent Bitcoin transaction outputs) without sacrificing the custody and security of owner funds. This layer 2 protocol leverages statechain and blind co-signature technology to facilitate instant, cost-free transactions and presents a new approach to overcome Bitcoin’s scalability hurdles. Statechain, implemented by Mercury…
The competition between bigger budget web3 video games vying to be the first titles to truly break into the mainstream may finally become more intense with their release. “Shrapnel,” a Call of Duty-style crypto game on the Epic Games Store.The online gaming store boasts a PC user base of over 230 million gamers.“Shrapnel” will compete alongside other popular blockchain-based video games such as “Star Atlas” and “Illuvium,” which are available in stores in “early access” form. The first iteration of a game is often released under the “Early Access Gameplay” classification, allowing the company to build a community around the…
Genesis Global has reached a $21 million settlement with the SEC on charges of selling unregistered securities to ease legal challenges and focus on repaying customers during bankruptcy proceedings. The agreement, which is scheduled for a hearing on February 14, represents a significant step toward resolving the company’s financial and legal problems. Genesis Global has reached a significant $21 million settlement with the U.S. Securities and Exchange Commission (SEC). gemini Take advantage of our lending program that highlights important steps to take to resolve charges of selling unregistered securities. The goal of the settlement, which is scheduled for a hearing…
The world of cryptocurrency is constantly evolving with new innovations and technologies shaping the future of digital finance. One of these game changers is UroCoin, an innovative cryptocurrency that will transform the market with its unique features and benefits. UroCoin is a decentralized digital currency that provides a secure and transparent way to transact online. It is built on blockchain technology, which ensures that all transactions are recorded and verified on a distributed ledger, making it virtually immune to fraud and manipulation. What sets UroCoin apart from other cryptocurrencies is its focus on sustainability and environmental impact. Unlike traditional cryptocurrencies…
Testnet, testnet, testnet! tl;dr Medal Testnet Following Altona’s outstanding stability and based on conversations with the eth2 client team, medal – The next multi-client testnet is – MIN_GENESIS_TIME ~ Of 1596546000 (Or for those of you who don’t think in Unix time – August 4, 2020, 1:00 PM (UTC))! This is a big improvement over Altona in that Medalla is a testnet. made for and maintained by community. Prior to Medalla, the multi-client testnet was primarily considered a “devnet” run by the client team and EF members (see: Altona section of my last post for a more complete explanation), but…