12 Best Cryptocurrency Brokers in May 2023 ?... - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-14

Popular crypto exchanges(2023 Update) 2024-05-14
Image: cyptoranking.com

This comes after the company's showcase of its latest S21 mining machine at a recent conference in Hong Kong. Terraform’s head honcho, Do Kwon, back then proposed to fork Terra without UST, calling the current chain “Terra Classic.” Validators of the blockchain approved Kwon’s plan to launch a new blockchain dubbed “Terra 2.0” without a stablecoin. The plan during this transition was to give previous LUNA and UST holders the native token of the new blockchain, LUNA (LUNA), based on their holdings. 12 Best Cryptocurrency Brokers in May 2023 ?...Source: a video screenshot, ETHWORLD / YouTubeEthereum (ETH) co-founder Vitalik Buterin has recently shared his thoughts on potential changes to Ethereum's staking system.In a recent blog post, Buterin discussed various protocols, including ERC-4337, ZK-EVMs, private mempools, code precompiles, and liquid staking, and explored the trade-offs associated with incorporating them into Ethereum's code.The Ethereum mastermind said the goal behind the article was to "start to build toward a framework for better identifying possible targets where enshrining certain features in the protocol might be worth considering."Buterin expressed a stronger inclination towards incorporating certain protocols into Ethereum's code, such as ERC-4337, while being more cautious about others, like private mempools. ERC-4337 is a token standard co-authored by Buterin, Kristof Gazso, Dror Tirosh, Tjaden Hess, Yoav Weiss and Shahaf Nacson that introduces account abstraction without changes to the underlying Ethereum protocol.Meanwhile, private mempols, or "encrypted mempools," keep users' transactions encrypted until the moment they get irreversibly accepted into a block.He acknowledged that each of these protocols present complex trade-offs that will continue to evolve over time.Buterin Expresses Concern About Staking ConcentrationOne specific concern that Buterin mentioned was the concentration of power among Ethereum's liquid staking providers. Lido, a prominent liquid staking pool, currently controls over 32% of the staked ether on Ethereum, with holdings distributed across different validators. Alongside Rocket Pool, Lido is a significant player in the ecosystem, but Buterin highlighted the need for more robust safety mechanisms.Buterin proposed exploring additional solutions to enhance the safety and decentralization of liquid staking. Rather than relying solely on moralistic pressure to encourage stakeholders to diversify their choice of staking providers, he suggested tweaking the Ethereum protocol itself. This could involve refining RocketPool's existing approach or granting enhanced governance rights to a randomly sampled committee of small stakeholders. These measures could contribute to a more decentralized and resilient Ethereum ecosystem.As reported, several prominent liquid staking providers have implemented or are in the process of implementing a self-limit rule in an effort to maintain the decentralized nature of Ethereum.The rule ensures that these providers will not own more than 22% of the Ethereum staking market, which could help address concerns over the growing centralization of Ethereum staking.Rocket Pool, StakeWise, Stader Labs, Diva Staking, and Puffer Finance are some of the staking platforms that have already committed to the self-limit rule.However, Lido Finance has decided not to commit to the self-limit rule.Back in June, the project put forward a proposal to impose a limit on Lido’s maximum stake.Less than one half of one percent of the votes cast were in favor of the self-limit rule, while those holding more than 99% of Lido’s governance tokens, LDO, voted for the protocol to not hold back on its growth.Coinbase, the second-largest staking provider, holds only an 8.7% market share, according to data from Dune Analytics.Protocol Guild In For Big Pay Day From Ether ETF On November 10, Circle will discontinue deposit and withdrawal support for USDC.e bridged over Polygon PoS for its APIs, including Circle Mint and Express. After this date, only local USDC will be supported.

Exchange Rankings Crypto
Image: cyptoranking.com

According to the prominent blockchain security tracker PeckShieldAlert, the scammers have already transferred the stolen funds from Base, a Layer-2 scaling solution, to Ethereum via Orbiter, a cross-chain bridge. After all the movements, the scammers have deposited some of the stolen funds to the Binance exchange to cash them out. As shown below, 8.33 million addresses had bought 9.13 million ETH at the maximum price of $1,541. Considering the large holdings, they will likely have enough in the tank to fend off the bearish pressure.  Best crypto exchanges Australia in 2023FTX, which had once been valued at $32 billion, declared bankruptcy on Nov. 11. That same day, employees at FTX began noticing massive withdrawals of funds from the exchange’s wallets. None of Backed’s financial assets are registered as US securities, and the company notes that it does not have any intentions to change this fact. This means that Backed’s tokens will only be available to persons outside of the United States.

Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to retrieve their private keys as it scrambles to regain control of its website domain. "One of the things [the defense] may be doing is suggesting, ‘This thing moved at light-speed and we were not given a full opportunity to prepare for trial,'" Silva said. UK grants Bitstamp official authorization to operate as cryptocurrency exchangeIn 2022, Improbable reduced its losses by 85%, from £131 million (~$159 million) to £19 million (~$23 million). Over the past year, the company grew its revenue by 2.6x to £78 million (~$95 million). — CZ Binance (@cz_binance) October 9, 2023

In terms of price, Ripple price is trading 0.23% lower than last year. The committee recommended the Federal Public Ministry launch an investigation into all of Binance’s Brazil-based operations with a specific focus on tax evasion, money laundering and the financing of organized crime and terrorism. Crypto 101: What you need to know— Laura Shin (@laurashin) October 9, 2023 Launched in 2021, VitaDAO funds “longevity” research aimed at extending human life. The DAO currently funds 20 projects, primarily focused on potential “moonshot” contributions to longevity science. Todd White, a VitaDAO core contributor, compared the DAO to an endowment fund, because members don’t take a profit from the research and all revenue is sent to the DAO treasury to fund other projects.


Sister links

Sources

Bookmark-new.svg