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33% of Crypto Job Applicants Come From Banking: Bitget Report
25.1.2024
One-third of job applicants in the crypto industry previously worked in the banking and financial sectors. In a new report, crypto exchange Bitget analyzed recruitment trends in the blockchain industry, highlighting the migration of talent from the financial sector to the world of cryptocurrencies....
Animalia soars to new heights with migration to Arbitrum
16.1.2024
Animalia recently announced its migration to the Arbitrum Chain. The announcement was made on the official X/Twitter account of Animalia. According to the tweet, Animalia is taking a huge step to integrate the Abritrum Chain. The migration is expected to bring more improvements to the Animalia...
Distributed Validator Technology More Primed to Overcome the Ethereum Validator Overload Challenge – Alon Muroch
14.1.2024
While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained this can lead to a network overload. The Promise...
Arbitrum Throws Hat In Ring for Celo's Migration to Layer-2 Blockchain
14.12.2023
Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off
Enjin Completes Migration of Over 200 Million NFTs from Ethereum to Enjin Blockchain
11.12.2023
Source: Pixabay Enjin has completed the largest NFT migration in history, transferring 200 million NFTs to its Enjin Blockchain. In a press release published on Monday, Enjin highlighted the migration of more than 118 million NFTs from Ethereum and an additional 101 million NFTs from the Ethereum...
Chainlink Expands Staking Accessibility Through v0.2 Release
28.11.2023
Source: Pixabay Chainlink has enhanced its native staking mechanism through the introduction of Chainlink Staking v0.2, featuring an increased pool size of 45 million. According to a press release on Tuesday, the initiation of the v0.2 upgrade will commence with a nine-day Priority Migration phase...
Social Network MeWe Heralds Migration of Users to Web3 From Web2
14.11.2023
MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users
Palm Network announces migration to a POS chain through Polygon CDK
2.11.2023
Palm Foundation has announced that it will now migrate to a POS Chain using the capabilities of Polygon CDK. The objective is to move closer to decentralization and an environment where projects can collaborate for innovation. Some contributors to the development are ConsenSys, HENI, and Palm...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
19.9.2023
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said
Singapore Tops List of Crypto-Friendly Investment Migration Destinations
6.9.2023
Singapore has emerged as the most preferred destination for crypto millionaires seeking secure and tax-friendly havens to protect their digital assets, according to the recently released Crypto Adoption Index by Henley & Partners.
With a perfect score of 10 out of 10 in the tax-friendliness...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Solana Co-Founder Praises Ethereum’s excellence during MakerDAO migration
4.9.2023
According to Protocol co-founder Rune Christensen, a multi-year Maker Protocol makeover known as the “Endgame” is nearing its conclusion, paving the way for the resurrection of an age-old rivalry. The ambitious initiative aims to revamp the MakerDAO ecosystem and explore new possibilities for...
Mantle User Raises Eyebrows On Proposed Auto Migration Of FTX $43 Million BIT Tokens
18.8.2023
A Mantle community member has proposed the restriction on an automatic migration of FTX BIT tokens to Mantle (MNT) citing disqualifying factors.
A debate sparked by members of the Mantle Decentralized Autonomous Organization (DAO) on the ongoing token migration of certain companies including...
Mantle pauses token migration to stop FTX from converting $43M in BIT tokens to MNT
18.8.2023
A community member has argued that FTX's BIT tokens should not be automatically converted because of disqualifying factors
Y00ts NFTs Announce Migration to Ethereum, Will Return $3 Million Polygon Grant
10.8.2023
After shifting from Solana to Polygon earlier this year, the y00ts non-fungible token (NFT) project has announced that it is once again migrating its base from Polygon to Ethereum blockchain.
The y00ts project, once a prominent player on Solana's network, made waves earlier this year by migrating...
NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
10.8.2023
DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon
Google Cloud Partners with Celo Network as Validator, Facilitating Ethereum Layer 2 Migration
3.8.2023
Google Cloud has partnered with the Ethereum Virtual Machine (EVM)-compatible blockchain network Celo (CELO), and is already running a Celo network validator, according to an announcement.
The initiative builds on a collaboration between the two sides that was originally announced in April, when...
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say
8.5.2023
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under such a scenario, Russia has what it takes to occupy up to 18% of the global bitcoin hashrate, they...
Helium's IOT Token Surges 370% Following Solana Migration
26.4.2023
Helium's newly-issued IOT token has risen by over 370% in the past 24-hours following the protocol's successful migration to the Solana blockchain last week