In brief The Markets in Crypto Assets bill would provide a regulatory framework throughout Europe. A vote on the bill was delayed last week over language concerning “environmentally unsustainable consensus mechanisms.” That language has now been removed. European Union lawmakers have scrapped a section of a pending bill that could have made it illegal for crypto services to deal in…
In brief Leading crypto game Axie Infinity will boost its marketplace fee and institute a creator rewards program. The game’s token-driven, play-to-earn economy has struggled in recent months. Axie Infinity leads the blockchain gaming world, recently topping $4 billion in total NFT trading volume to date. But it’s also dealing with a declining play-to-earn economy that developer Sky Mavis is…
Development never stops in the blockchain sector and projects that continuously evolve are the ones that stay at the forefront and survive over the long-term. One project attempting to stay on top of the innovation wave is Waves, a multi-purpose blockchain protocol designed to support a variety of use cases, including decentralized applications and smart contracts. Data from Cointelegraph Markets…
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants have been preparing to transition…
Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years. In a Tuesday Twitter thread, Mow said he would continue to be a “#BlockstreamSpy” following his departure from the Canada-based firm where he had worked since April 2017. He said he would stay on as CEO of game development company Pixelmatic, a…
AVAX, NEAR and WAVES were undoubtedly some of the biggest gainers on Tuesday, as crypto markets were over 14% higher as of writing. LUNA was also higher, and climbed by as much as 22% in today’s market session. WAVES WAVES was easily the biggest gainer during Tuesday’s trading session, as it rose by as much as 46% on the day.…
On Tuesday, decentralized exchange, or DEX, Uniswap launched an interface that directly converts ERC-20 tokens, such as Aave, Chainlink (LINK), and Decentraland, to Ether (ETH). These coins are then sent to the official crypto wallet addresses of the Ukrainian government, all in a single transaction. In explaining the rollout, Uniswap claimed that the address shared by the Ukrainian government is…
DPoS is a version of PoS where participants can pool tokens in a staking pool to determine a block validator. In 2013, Daniel Larimer developed an evolution of PoS in which validators are joined by a new group, the delegates. In the resulting Delegated Proof of Stake (DPoS), delegates exist as representatives from the community, as indicated by those holding…
Bitcoin (BTC) extended its gains nearly hitting $45K on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022, the number of whale addresses spiked, and amid speculations that BTC is proving itself as an apolitical safe-haven. Traders reduce half-point bets for March BTC’s price surged more than 4% to reach nearly $45,000, a day…
Major derivatives marketplace Chicago Mercantile Exchange Group will launch options trading for its micro Bitcoin and Ether futures products. In a Tuesday announcement, the CME Group said that, subject to regulatory review, it plans to launch options contracts for its existing micro Bitcoin (BTC) futures and micro Ether (ETH) futures that will be 10% the size of the respective tokens.…
