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Showing posts from June, 2023

What is the best Ethereum Staking Platforms

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What is the Best Ethereum Staking Platform? A Comprehensive Guide Cryptocurrency has revolutionized the world of finance, offering individuals innovative ways to invest and grow their wealth. One such approach is crypto staking, which allows investors to earn passive income while participating in the validation of blockchain networks. Ethereum, the second-largest cryptocurrency by market capitalization, has recently transitioned to a proof-of-stake (PoS) consensus mechanism, making Ethereum staking a lucrative opportunity for investors. With numerous Ethereum staking platforms available, it can be challenging for investors to choose the right platform to partner with. To help you make an informed decision, we have conducted extensive research to identify the best Ethereum staking platforms available this year. In this guide, we will explore the top platforms, their Features , and the rewards they offer, enabling you to maximize your staking returns. Source: CNN The Importance of Ethere...

Terra Luna Classic L1TF Q3 Proposal To Revive LUNC And USTC To $1 Officially Passed

Terra Classic Community Passes L1TF Q3 Proposal Proposal 11599 “Joint L1 Task Force Q3 Proposal” surpassed the ‘pass threshold’ despite community concerns over depleting funds in the Terra Luna Classic community pool. The Joint L1 Task Force (L1TF)  will receive $116.7k in total to complete proposed tasks during Q3. As per current voting details, the proposal received 56% “Yes,” while 29% voted “Abstain.” Also, some were against the proposal, with 9% “No” and 6% “No with veto” votes. Meanwhile, 26 validators such as Coinpayu, JESUSisLORD, Happy Catty Crypto, DFLunc, and StakeBin supported the proposal. Others cited low community pool funds, recent disputes, and other personal reasons for rejecting the proposal. The community even turned down the proposal to revive the Terra ecosystem by forming the Terra Allies “Six Samurai” team of 6 senior developers due to low funds in the community pool. Othe...

Binance under fire as co-founder Yi He defends company

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As regulatory scrutiny and legal challenges mount against Binance, one of the world’s largest cryptocurrency exchanges, its co -founder Yi He commented on the situation to Bloomberg. Accused of operating illegally and falling short on compliance by U.S. financial watchdogs, binance is under investigation not only in the U.S., but also in other countries. Yi He, a major financial stakeholder in binance along with CEO and co-founder Changpeng “CZ” Zhao, had a significant influence in marketing binance during its early days. In a recent series of interviews, Yi He argued that the company is not the antagonist it’s portrayed as in the media. She acknowledged the importance of regulation for investor protection and expressed respect for regulatory institutions, thus highlighting a potential common ground between Binance and the authorities. However, Binance is not alone in this predicament. Various other significant crypto platforms are being scrutinized for...

Yuga Labs Set To Launch Its HV-MTL Forge NFT Game On June 29 – Releases Its Explainer Video

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Join Our Telegram channel to stay up to date on breaking news coverage Yuga Labs, the digital asset incubation studio and the parent company for the popular non-fungible token collection Bored Ape Yacht Club, has confirmed plans to launch its highly anticipated HV-MTL Forge NFT game. The Bored Ape Yacht Club has released an explainer video for the upcoming Metaverse game. Yuga Labs Releases HT- MTL Video Explainer In a June 29 blog post, the Bored Ape Yacht Club creator confirmed plans to release its HT-MTL Forge NFT game tomorrow. Yuga Labs, through its various social media handles, has shared the explainer video to enlighten gamers ahead of the anticipated Metaverse game launch. Too many words in the game guide? Give the HV-MTL Forge explainer video a listen ahead of the games launch tomorrow. pic.twitter.com/TpP8tK8i22 — Bored Ape Yacht Club (@BoredApeYC) June 29, 2023 Established in 2021, Yuga Labs is home to many NFT collections, including Mutant Ape Yacht Club,...

Polygon (MATIC) Faces High Volatility – Here’s Where To Invest Instead

Polygon (MATIC) remains highly volatile after the SEC’s negative label prompted investors to opt for other platforms. While Polygon (MATIC) bulls are convinced that the platform’s scalability solutions will manage to renew Polygon’s (MATIC) popularity, crypto experts are pointing out VC Spectra (SPCT) as a much more stable and viable investment. VC Spectra (SPCT) enormous potential and real-life utility have attracted significant attention while the token is still in its presale phase. BUY SPECTRA TOKENS NOW Polygon’s (MATIC) Volatility Drives Investors Away Polygon (MATIC) was called a ‘security’ in the SEC’s lawsuit against Binance , which led to dramatic dips in Polygon’s (MATIC) PR ice. Currently PR iced at $0.6599 , Polygon (MATIC) has dropped by as much as 25.73% from its June 1 value. Polygon (MATIC) has been unable to rebound to its May figures above the $0.9 level and remains highly volatile in the present market climate. Hence, bears predict that Polygon (...

CarinaBot review: a trading bot to consider in 2023

In today’s fast-paced trading landscape, having access to a reliable and efficient trading bot is crucial for traders.  CarinaBot,  an AI-powered trading robot, is popular in crypto communities. In this review , we will examine the essential characteristics and advantages of CarinaBot to ascertain whether it truly lives up to its reputation. Integrating AI One of the standout Features of CarinaBot is its utilization of advanced artificial intelligence algorithms. Powered by AI, CarinaBot analyzes market trends, identifies profitable trading opportunities, and executes trades with speed and precision. This AI-driven approach eliminates human emotions and biases, allowing for objective decision-making and maximizing profits. You might also like: Coinbase exec cracks ChatGPT’s crypto predictions Pay-only-when-profit model CarinaBot has a pay-only-when-profit model. Unlike traditional trading robots that charge upfront fees or subscriptions, C...

Ethscriptions vs Ordinals: a deep dive into the new web3 phenomena

Ethscriptions and Ordinals may change how we interact with blockchain technology. Discover how they work and their impacts on the world of crypto. In January 2023, the introduction of Bitcoin Ordinal Inscriptions (Ordinals) significantly impacted the web3 space. These inscriptions have already left their mark by inspiring projects to expand from Ethereum (ETH) and Solana (SOL) to Bitcoin (BTC).  Yet, hot on the heels of Ordinals’ success, a new contender has emerged: Ethscriptions. Launched by Tom Lehman, co-founder of Genius.com, Ethscriptions are rapidly gaining momentum, with over several thousand Ethscriptions generated since their June 17 debut. Important Ethscriptions Update We broke records this weekend, hitting volume beyond anything I expected! At this pace, Ethscriptions may be the fastest growing protocol of all time… To help scale to this unprecedented volume we are making some significant changes to our… — Middlemarch (@dumbnamenumbers) June 26, 2023 ...

Hut 8 receives a $50m loan from Coinbase’s subsidiary

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Major Canadian crypto miner Hut 8 Mining inked a $50 million credit facility agreement with Coinbase Credit, to provide the latter with robust financial flexibility, liquidity, and also fund its business operations. Hut 8, in a press release on June 26, stated that the credit facility, which will mature 364 after the initial borrowing, comprises a term loan of $15 million, which, the announcement said, “is expected to be funded at or shortly following closing.”  There is also an additional $20 million delayed-draw term between one and two months after closing and a third borrowing of $15 million within 15 working days after the completion of the merger with bitcoin mining company US Bitcoin Corp., or USBTC. You might also like: Marathon Digital gets SEC subpoena for the second time Hut 8 and USBTC entered a “merger of equals” deal, which will see the creation of a new entity called Hut 8 Corp. The company domiciled in the United States will have acce...

Breaking News: Experts Predict a Bullish Run for This Top Cryptocurrency – Huge Gains Expected

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Join Our Telegram channel to stay up to date on breaking news coverage Stay updated on the latest BabyAMA (BAMA) information with our comprehensive overview. Discover the current price of BabyAMA in dollars (USD), euros (EUR), and Brazilian reals (BRL). Access market cap details, price history, real-time charts, and a BabyAMA price prediction for 2025 and beyond. Today, the price of BabyAMA stands at $0.0000002. Over the past 24 hours, BAMA has shown a 20% bullish trend. The market capitalization of BabyAMA is currently not available. Stay informed and make informed decisions with our complete BabyAMA market Analysis . Introduction to BabyAMA (BAMA) Cryptocurrency BabyAMA is a digital currency that can be traded online and used for secure transactions without intermediaries, which means it’s cost-effective for users. It operates on blockchain technology, which connects all BabyAMA users and ensures secure and decentralized transactions.  This technology makes BabyAMA mor...

Goalorious Talks About Wall Street Memes – The King Of Stonks Has Now Raised $10 Million

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Join Our Telegram channel to stay up to date on breaking news coverage Crypto Influencer Goalorious explores the incredible community behind the Wall Street Memes token and its potential to become the King of Stonks. Wall Street Memes are now at the center of everyone’s attention as the venture continues to raise funds through its presale, which has already surpassed $10 million. Goalorious views of the overwhelming response to the $WSM presale Wall Street Memes is a cryptocurrency project that has received a lot of attention recently due to the thriving society it has built and the growing popularity of the venture. The presale brought in $100K in the first few minutes, and it has brought in over $500K in just 24 hours, and it has received almost $10 million in just a month since its start. It has been established that Wall Street Memes has a significant community base consisting of one million followers who are spread out around a wide range of social media sites like...

Staked ETH hits 20M milestone, doubling since start of year

Ethereum has reached another milestone , with over 23.5 million ETH deposited for staking.  Staking is the process of locking up a cryptocurrency in a proof-of-stake blockchain to contribute to network security and earn rewards.  Similar to depositing cash into high-yield accounts at big banks, staking enables token holders to earn passive income on their assets without having to sell or trade them.  The more people who stake, the more secure the blockchain becomes. ETH price is heavily dependent on its value against the US dollar. In November 2021, when the price of ETH reached an all-time high of $4,400, there had only been 8.2 million staked ETH — which is roughly $15 billion — locked in the network.  Currently, with ETH priced at $1,880, over $38 billion is being used to secure the network. Although validators have had the opportunity to stake ETH since the Ethereum Merge in September last year, staking didn’t grow dramatically in popularity until the Shapella upgrade, which...

Former Coinbase Manager Sentenced to 2 Years in Prison

Ishan Wahi, a former manager at Coinbase, was sentenced to two years by a judge in a New York federal court. The case is one of the first of its kind where the defendant was prosecuted for insider trading in cryptocurrency.  Wahi pled guilty in February to two counts of conspiracy to commit wire fraud. Prior to the sentencing, Wahi was facing a maximum sentence of 40 years in prison.  Officials arrested Wahi in July of last year. He previously sought a 10-month prison term–the same length that his brother, Nikhil Wahi, received in a plea bargain. Nikhil Wahi pled guilty to one count of conspiracy to commit wire fraud and received the 10-month sentencing in January 2023.  Both Wahi’s and Sameer Ramini–a friend–were accused of trading at least 25 crypto assets on Coinbase using Wahi’s insider knowledge. They made over $1 million USD as a result of the scheme.  According to the Department of Justice, the brothers and Ramani sold the assets between June 2021 and April 2022.  Wahi i...

Elon Musk's Strengths vs. Mark Zuckerberg: Cage Fight Still On?

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Elon Musk Vs Mark Zuckerberg CoinGape reported two days ago, Tesla CEO  Elon Musk  and Meta CEO  Mark Zuckerberg  prepare for a cage fight in the popular UFC ring  Vegas Octagon . After Musk initially challenged Zuckerberg in a joking manner, things escalated when Zuckerberg responded with “Send me location.” UFC President Dana White confirmed that both billionaires are genuinely interested in the fight, confirms a sports media outlet. advertisement Here is what the Twitter user posted while comparing both the players, with three columns of strengths, Elon Musk and Mark Zuckerberg : The exchange started when Musk mocked Zuckerberg’s plans for a Twitter rival. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...