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Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
1.9.2023
DeFi exploits resulted in losses of over $16 million in August
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
11.8.2023
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate...
Crypto staking rewards are taxable once received: IRS
1.8.2023
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens
Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel
28.7.2023
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...
Why Ethereum Ditching Mining Isn't Better for the Environment
28.7.2023
Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn't Any Better
26.7.2023
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...
Ethereum validators may have to stake 64X more ETH, devs discuss
19.6.2023
The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized
Crypto industry 'destined' to be BTC-focused due to regulators: Michael Saylor
14.6.2023
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin's favor
How Bitcoin can help secure proof-of-stake blockchain protocols
12.6.2023
Stanford University professor David Tse has pioneered a way to use Bitcoin as a means to secure proof-of-stake blockchains
Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line
5.6.2023
Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more...
US debt ceiling, declining trust in banks send ETH staking to record highs
2.6.2023
The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, deterring confidence in USD, the downfall of banks and the high APR offered on the ETH staking
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
3 reasons why Lido DAO price jumped 40% in a week — Outperforming Bitcoin, Ethereum
16.5.2023
LDO price is well-positioned to gain another 50% by June based on a classic bullish reversal setup after Lido DAO rebounds 40%
9 Lessons DeFi Companies Would Be Wise To Learn From CeFi Companies
16.5.2023
While DeFi may be the wave of the future, the industry can still learn smart practices from leading CeFi companies
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
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...