The decline in ether inventories has been steady since May 2020 while there are over 6.6 million Ether locked in Ethereum 2.0 contracts. The 9% Ether supply is the lowest since 2018. The Eth price is steadily increasing after the London hard fork.
Defi Poly Network Protocol hacked and called on exchanges to “blacklist” the tokens after the attack. Being a protocol that involves several blockchains, the figure could be higher. The US$600 million is one of the worst blows to decentralized finance platforms.
Axie Infinity Rewards in SLP are reduced. In adventure mode, the daily bonus rewards in SLP were reduced to 25 SLP. Other changes to the gambling economy in the short and long term will be implemented. The toke as risen more than 10%.
Braiins, a Mining Company states that decentralized mining pools would be key in the face of regulation. A decentralized mining pool would be more difficult to regulate or even be closed. Although they offer advantages, miners would prefer to operate with traditional ones.
The price of ETH grows more than 5% in the last 24 hours. The weekly advance exceeds 23%. Ethereum surpasses the US$3000 barrier and is yet to reach the all-time high of more than US$4,000 achieved in May.
Miami cryptocurrency to be listed in a major crypto exchange. It will be the first city in the United States to issue a cryptocurrency to finance government activities.
Ethereum London Hardfork EIP 1559. How are Binance, KuCoin, and other exchanges preparing?
With the Ethereum London Hardfork EIP 1559 dropping in a few hours, all exchanges will need to pause deposits and withdrawals from Ethereum for a certain time. The protocol update includes five Ethereum Improvement Proposals (EIPs), such as EIP 1559 and EIP 3554.
Binance is hiring leadership with regulatory and compliance experience as many misunderstood for a CEO replacement
Binance is hiring leadership with regulatory and compliance experience. The company is taking steps to comply with regulations around the world as many countries have tightened their laws towards the Crypto Exchange activity which is deepening the Kyc standards.
Bitmain is selling Antpool which currently owns 18% of the hashrate of the Bitcoin Network. This pool works with cryptocurrencies such as ETH, BTC, BCH, ETC, among others.
Reddit will reward users by using Arbitrum and sees this new ethereum Second Layer implementation as “a big step forward.” Initially, the implementation will be done on an Ethereum testnet.