Consensus

Moonstake Officially Supports The Ethereum Merge

SINGAPORE, Sept 19, 2022 - (ACN Newswire) - Today, Moonstake is thrilled to announce that we will officially support the Ethereum Merge. This event marks the full transition of the Ethereum network to Proof-of-Stake and will finally enable users to stake and earn from their ETH assets. We are proud to be one of the first platforms in the world to officially support the new Proof-of-Stake ETH. The Ethereum Merge will undoubtedly bring about exciting developments for the market as well as many benefits to crypto users. We have an

Insights from Davos. Web3 Consolidation Underway. Meta Alliance Launch. Web3 Reserve System.

May 19, 2022 London UK. A consensus is emerging from multiple Davos insiders that the next wave of consolidation is about to hit the Crypto Markets as awareness of Web3 Applications continue to drive volume, growth and outlook. Despite the recent crypto market crash this month, M&A is again on the rise as the Volume of Deals increased 50X over the past year to $ 55B. “Since Web3 is the precursor to Metaverse market, our team has come up with a way for communities to combat some of the inherent

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One

Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain Ethereum transactions that are faster and cheaper as compared to the Ethereum mainnet. Binance users can now deposit all ERC-20 tokens from the Ethereum network, with the Arbitrum side chain at lower costs, and all users

VeChain subverts market expectations, but what does it mean

Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VET had some other plans.  Opposite expectations  The latest consensus mechanism upgrade is set to improve several aspects of the network’s security and key operations. It will also make the blockchain more environment-friendly. Notably, a week

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

VeChain prepares for much-awaited hard fork after exchanges announce support

It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This is due to take place today, on 16 November, at around 8:00 UTC or a block height of 10,653,500. The upgrade is part of VeChainThor v1.6.0, which activated POA2.0 Phase 1 on the blockchain’s testnet on

Best Crypto Staking Yields: Which Coins Earn the Most in 2021?

With Ethereum switching over to a Proof of Stake (PoS) protocol, crypto staking is exploding in popularity. Once the switch is complete, ETH will join the growing list of PoS cryptocurrencies attracting the attention of investors looking to earn income on their coin holdings. Plenty of crypto exchanges and platforms already offer users the ability to dip their toes into crypto staking at minimum cost. But the million-dollar question is – which crypto is the best for staking? The following table and individual crypto reviews may help you in finding

ADA Finance Announces Haskell Academy Program with BitDegree

Press Release: Cross-Dual-Chain DeFi Ecosystem ADA Finance has announced an MOU with BitDegree to structure a Haskell Academy program, and is nominated for the ‘Best DeFi Project of the Year’ award at the AIBC Summit.   11th November 2021, Mahe, Victoria, Seychelles — The ADA Finance platform has just announced the Haskell Academy program, with BitDegree, to educate Haskell developers and motivate building on the Cardano blockchain. The ADAFi ecosystem is powered by both the Cardano blockchain, utilizing the rapidly emerging Haskell programming language, and Avalanche blockchain, utilizing solidity. ADA Finance

Brazilian Federal Deputy Proposes Crypto Payment Option for Workers

Brazilian Federal Deputy and congressman Luizão Goulart, has proposed a bill to make crypto a legal form of payment for workers in the public and private sector. Brazilian Federal Deputy Seeking to Legalize Crypto Remunerations Goulart’s proposal is looking to establish a new law that will allow all Brazilian workers to have an option to request their wages and salaries from their employers, in cryptocurrencies. But the bill warrants crypto payments to be made only after a mutual agreement has been reached between the workers and the employer. The translated version

Puppy Planet launches the public sale of PUP token ahead of full game release

Puppy Planet, a blockchain gaming platform, built on the ABEYCHAIN, has announced the public sale of its native token PUP token launched Friday October 29, 2021. Puppy Planet is deployed on the ABEYCHAIN, which was recently nominated for Blockchain Solution of the Year at the upcoming Europe AIBC Awards 2021 in November.  PUP Public Sale  The public sale marks a significant milestone for Puppy Planet ahead of the launch of the full-fledged game in the coming weeks.  Users will have access to the PUP token, which serves as the utility