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Fusion (FSN) Included in the Report of the European Central Bank

February 11, 2021 by Dalmas Ngetich at Altcoins

The European Central Bank's 2020 report (dated December) points to the urgent need for cryptocurrency to be introduced into everyday life. 2021 is a year of global changes in the economy of the whole world. The ECB is investigating issuing a digital Euro and a recent report suggests they are...

To Run an Eth2 Validator Node Now Costs $38,200

January 7, 2021 by Dalmas Ngetich at Altcoins

Individuals and firms eager to operate an Eth2 full node, sync with the Beacon chain, and participate in official ETH staking must now part with nearly $38,500 to qualify if spot rates on Jan 7 leads. ETH Prices Have Nearly Doubled A Month after Eth2 Phase 0 Launch Launched on...

KardiaChain is Launching Its Interoperable Mainnet

December 29, 2020 by Wayne Jones at Altcoins

Vietnamese-based KardiaChain is set to launch its mainnet today, Tuesday, December 29. The project prides on being the first fully interoperable and non-invasive blockchain platform. KardiaChain's Features Make It Unique The launch aims at availing the benefits of blockchain to everyone. On the mainnet, one can build Dapps, send transactions,...

IOST Summary for 2020: From Hyperledger, BSN, and DeFi

December 22, 2020 by Dalmas Ngetich at Altcoins

Beyond prices, crypto and blockchain have had a fruitful 2020. Across the globe, the coronavirus pandemic caused a paradigm shift. The result was more influx of investors and their doubling down on several potent projects. In all this, IOST is emerging as a leader in smart contracting. In every performance...

Coinbase Will Support Eth2 Beacon Chain Staking

December 1, 2020 by Dalmas Ngetich at Ethereum

Starting in early 2021, Coinbase will support ETH staking and distribution of client rewards once Eth2 Phase 0 is active as per a statement on Dec 1. Service Available in Eligible Jurisdiction The service will only be accessible to clients in eligible jurisdictions including the United States and any of the over 100...

Eth2 Beacon Chain Can Still Launch on Nov 24, Says Ethereum Developer

November 20, 2020 by Dalmas Ngetich at Ethereum

Danny Ryan opines that Phase 0 of Eth2 can still launch even with the over 105k ETH staked. In an AMA session on Nov 18, the Ethereum developer said it makes no sense to leave the over $49 million worth of coins in “limbo for too long” and adjusting the...

ETH 2.0 Staking Penalty and Yield Changed To Incentive Participation

November 13, 2020 by Dalmas Ngetich at Ethereum

In a tweet on Nov 11, Vitalik Buterin has said the penalty rate in the early weeks of the Eth2 Beacon Chain mainnet launch is being reduced to between 25 to 33 percent of the Medalla test network level. Additionally, if 524,288 ETH is staked on time, early validators will enjoy a...

Prysmatic Labs Releases the First Ethereum 2.0 Web User Interface

October 12, 2020 by Dalmas Ngetich at Ethereum

Prysmatic Labs, the team behind the Prysm client and the builder of the technical infrastructures in the Ethereum blockchain, has released the first iteration of the Eth2 web user interface on GitHub as per an update on Oct 12. ETH2 User Interface is Out In a notice, Prysmatic Labs is ,...

ETH 2.0 Testnet Spadina Goes Live Amid Minor Technical Glitches

September 30, 2020 by Osato Avan-Nomayo at Ethereum

Spadina, the final testnet step before the fully realized ETH 2.0 mainnet is now live as the second-largest blockchain by market capitalization moves closer to a proof-of-stake (PoS) consensus architecture. ETH 2.0 and other networks pivoting to PoS might make staking to become one of the major activities in the...

There are now 40 million #Ethereum addresses holding #ETH

This Smart Contract-Based Ethereum Wallet Has Crossed $1 Billion in Holdings

August 25, 2020 by Shaurya Malwa at Ethereum

A smart contract-based Ethereum wallet now boasts more than $1 billion in held assets, reported crypto publication Decrypt on August 24. $1 billion in Holdings Gnosis Safe, a cryptocurrency wallet that leverages the power of smart contacts to hold crypto assets -- just like SiaCoin Wallet - now holds more...

Altseason Narrative Strengthens as Altcoin Market Cap Breaches Multi-Year Resistance Level

August 11, 2020 by Anthonia Isichei at Altcoins

The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason. Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for...

EMURGO and Moonstake Partner to Drive Cardano (ADA) Staking Activities in Asia

August 11, 2020 by Dalmas Ngetich at Altcoins

EMURGO, a founding member of the Cardano protocol, is partnering with Moonstake to build synergies that will help drive blockchain staking activities, broaden awareness of Cardano, and accelerate industry adoption of staking within the Cardano ecosystem as per a press release on Aug 11. Moonstake and Emurgo Partnership Moonstake is a...

Cardano: The Shelley Mainnet Is Live, Daedalus Wallet Upgraded

July 30, 2020 by Dalmas Ngetich at Altcoins

An excited Charles Hoskinson has officially confirmed the beginning of the Shelley era. This comes after five years of hard work following the launch of Byron. Shelley marks Cardano’s decentralization. Its launch was a fully managed and meticulously executed hard fork with thorough checks for a smooth, hitch-free transition. And it happened...

Messari - DeFi Can Continue to Grow as ‘Useless’ Top 30 Coins Wither

The Entire DeFi Sector Is Worth Less Than “Top” Cryptocurrencies, but for How Long?

July 29, 2020 by Dalmas Ngetich at Altcoins

DeFi is "forcing" everyone back to farming. With above-average yields, Ryan Watkins, a researcher at Messari, opines that regardless of the recent re-rating and DeFi's total valuation more than tripling in three years, the sub-sector is at nascence. DeFi is at Nascence Despite its Popularity In a tweet shared on...

Congressmen Demand IRS Design Legal Framework for Cryptocurrencies

U.S. IRS Official Admits Some Crypto Tax Laws are “Not Ideal”

July 14, 2020 by Shaurya Malwa at Regulation

A reporter’s experience dealing with authorities gave some insight into how they view the asset class - with the main takeaway being some officials believe that crypto tax laws are “not ideal.” Crypto Taxes a Moot Point Tax reporting on cryptocurrency holdings continues to be a mixed bag for those...

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