Early 2024 looks promising for the Maker (MKR) coin due to increased activity and positive on-chain data, suggesting a potential upward trend. The number of active daily addresses has increased significantly since the beginning of the year, indicating increased user engagement. The number of addresses currently trading MKR has increased by 4%, reaching over 600 addresses. Additionally, new addresses for MKR trading increased by over 5%, providing more room for growth and liquidity in the ecosystem. The graph depicting MKR daily active addresses shows a clear increase in activity, giving confidence in the positive outlook. MakerDAO, the driving force behind…
Author: Crypto Flexs
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The Ethereum network is experiencing a surge in validator exits, with the number of validators in the exit queue reaching an all-time high of over 16,000 on January 5, according to on-chain data.As churn increased, unstaking wait times jumped to an average of 5.6 days. As of press time, approximately 15,140 validators are still in the queue.The surge was mainly driven by withdrawal requests from defunct CeFi lender Chelsea Network and staking provider Figment, which accounted for around 75% of all withdrawals in the queue.550,000ETHCelsius, which is currently undergoing restructuring procedures after declaring bankruptcy last year, has begun a large-scale…
the fact that someone has Impersonating Admiral Market It’s amazing. There are several reasons for this. However, the most recent incident has proven to be a serious problem as it marks the fifth time malicious actors have caused damage to brands and investors. that much UK FCA Now, many investors and customers have stepped in to prevent them from becoming victims of the scam. First of all, cloning a broker’s website or business poses a threat to the entire ecosystem. The stakes are high for customers and investors because they are forced to put their money into a system that…
YbCoin is a new cryptocurrency that is attracting attention in the digital currency world. With its unique features and growth potential, many investors are wondering if YbCoin could become the next big thing in the cryptocurrency market. In this article, we will uncover the secret power of YbCoin and explore what sets it apart from other cryptocurrencies. What is YbCoin? YbCoin is a decentralized digital currency launched in 2018. It is built on blockchain technology that enables fast and secure transactions. YbCoin uses a proof-of-stake consensus mechanism. This means that transactions are verified by participants who have a certain amount…
ZetaChain, a general-purpose blockchain platform, presentation Enters a strategic partnership with Curve Finance This collaboration marks a pivotal moment in blockchain interoperability and asset management by introducing native Bitcoin (BTC) support for cross-chain swaps and omnichain asset pools. ZetaChain’s universal blockchain features Recognized for its universal blockchain capabilities, ZetaChain is taking a significant leap forward in blockchain interoperability. It is an EVM-compatible layer 1 (L1) project designed to manage assets on all blockchains in one place. This approach significantly improves the efficiency and functionality of the DeFi ecosystem by enabling seamless asset management and interaction across various blockchain networks. Integration…
Binance, a leading global cryptocurrency exchange, plans to list an upcoming gaming altcoin on its Launchpool platform. Binance Launchpool allows users to stake their coins to acquire new assets, and the platform’s 43rd project will be the gaming blockchain Xai (XAI), which the exchange plans to list on January 9. Between January 5 and 9, Binance users can earn XAI tokens by staking BNB and stablecoins First Digital USD (FDUSD) and TrueUSD (TUSD) in separate pools. Binance said it would attach a seed tag to XAI. XAI applies to projects with low liquidity that may exhibit higher volatility compared to…
January 5, 2024 | Asset List, Products Kraken now supports new margin pairs for: NEAR Protocol (NEAR) and 6 networks (SEI)! Margin trading is now available for NEAR and SEI using the pairs below. fair basepair nameAvailable LeverageLong position limit Short position limitnearNear USDthree800010000BESEIUSD24000045000 Here’s what you need to know about assets: NEAR Protocol (NEAR) A cloud-based computing platform for Web3 and decentralized applications (dApps). The protocol’s community-run cloud infrastructure and new sharding architecture enable developers to create interoperable and scalable applications. NEAR is the platform’s native token used to pay network transaction fees and earn rewards for securing the…
Spain’s Banco de España announced a partnership with Cecabank, Abanca and Adhara Blockchain to conduct a pilot program to explore the use of wholesale central bank digital currencies (CBDCs). Announced on January 3, 2024, this initiative is an important step in understanding the potential of digital currencies in interbank operations. The pilot program simulates interbank payment processing and settlement using tokenized wholesale CBDC. It also involves exchanging multiple wholesale CBDCs issued by multiple central banks. Adhara Blockchain, headquartered in the UK, is one of three companies selected from 24 applications received by Banco de España over the past year for…
The Altair Beacon Chain Upgrade is ready to go live on the Ethereum mainnet. Upgrades apply in epochs. 74240 (October 27, 2021, 10:56:23 AM UTC). client version To be compatible with Altair upgrades, beacon node operators must ~ have to Please update the client version they are running. When I run the validator I get ~ have to Upgrade to continue following the mainnet beacon chain. Failure to do so will result in downtime penalties. The versions listed below support mainnet Altair upgrades. Edit: The following table has been edited to refer to the latest Altair client release prior to…
In the fourth quarter of 2023, Alchemy experienced an unexpected surge in ERC-4337 smart contracts, creating over 960,000 accounts. This explosion of interest highlights app developers’ passion for solving user experience problems, according to Alchemy’s report. Will Hennessy, Head of Account Abstraction at Alchemy expressed surpriseThis can be attributed to the rapid adoption of the Ethereum Foundation’s deployment and developers’ eagerness to solve user experience issues. “The Ethereum Foundation deployed the ERC-4337 contract in March 2023, so this early adoption is faster than expected,” he said via his personal X account. “It shows how hungry app developers can solve (user…