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Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill
19.5.2023
The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.
HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...
Texas proof-of-reserve bill passes through the Senate
19.5.2023
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”
Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023
18.5.2023
Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols
Ethereum Staking Needs Its (Honest) LIBOR
17.5.2023
Swell incorporates Chainlink Proof of Reserve
17.5.2023
Swell with immense pleasure in officially announcing having incorporated Chainlink Proof of Reserve (PoR) on Ethereum. This is to be able to ascertain the fact that the swETH tokens are supported by staked ETH on a 1:1 ratio. In the recent past, the entity had similarly declared the incorporation...
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
9.5.2023
According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain
8.5.2023
As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
27.4.2023
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution
Today in Crypto: Standard Chartered Says BTC Could Hit $100K by 2025, Bank of Korea Allowed to Investigate Crypto Business Operators, US Judge Orders Hydrogen to Pay $2.8M in Penalties
24.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Standard Chartered Says BTC Could Hit $100K by 2025, Bank of Korea Allowed to Investigate Crypto Business...
Aptos Introduces Delegated Staking to Increase Participation in Staking on Network
21.4.2023
The new feature will allow users to reap staking rewards without requiring them to serve as validators for the blockchain’s transactions
Solana’s Annual Carbon Footprint Equals 8 Flights from London to New York
21.4.2023
The real-time dashboard, produced by the Solana Foundation, shows how much carbon the smart contracts platform is emitting
‘Proof of Reserve’ bill passes in Texas House of Representatives
21.4.2023
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait for Money Back
19.4.2023
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by Bitcoin
How to stake Cardano (ADA) in a self-custodial wallet
19.4.2023
Cardano is one of the largest layer-1 blockchains by market capitalization but what does the DeFi ecosystem offer for staking?
Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined
14.4.2023
The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion
Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days
14.4.2023
ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term
Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait
13.4.2023
Validators looking to fully exit the chain could be looking at a wait of up to 14 days, to get their crypto back, according to Rated Network's explorer