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Month: April 2023

cryptocurrency April 10, 2023

Advertisements The 689 Ether, worth nearly $1.3 million, is the largest reward received since the 691 Ether reward paid to Lido on March 20. A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Maximal Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards […]

cryptocurrency April 9, 2023

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements If you are considering adding proof of work cryptos in your portfolio, chances are you have shortlisted Ethereum Classic (ETC). It is one of the few remaining options in the PoW category, but, […]

cryptocurrency April 8, 2023

Ethereum’s developer call tackled new areas in development for the ETH network. Sentiment towards Ethereum remained positive. The Ethereum [ETH] network is known for being a dynamic and constantly evolving ecosystem, and its developers are always working to improve it. Recently, on 7 April, the network’s consensus developers held their weekly call to discuss several […]

cryptocurrency April 7, 2023

Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC. Advertisements As a result of the announcement and following today’s trend in the crypto market, dYdX’s native token experienced a spike […]

cryptocurrency April 7, 2023

Cosmos switches gears for the fast lane to mass adoption. ATOM fails to overcome range amid low volatility and limited volumes prevail. The blockchain interoperability concept made rounds during the 2021 crypto bull run, and was championed by the likes of the Cosmos network. Unfortunately, they had to pump the brakes when crypto winter came. […]

cryptocurrency April 7, 2023

Key Takeaways Coin Center has responded to the U.S. Treasury’s “DeFi Illicit Finance Risk Assessment” report. The crypto advocacy group criticized the Treasury for assuming that all DeFi protocols failed to comply with AML regulations. However, it praised the report for acknowledging that DeFi presented very little risk of illicit activity compared to the traditional […]

cryptocurrency April 7, 2023

Advertisements The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to […]