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Tag: Ethereum

Xrp Classic Making Progress in Closed Beta Testing of Forward-Thinking Blockchain Classic Chain

The Xrp Classic blockchain, often known as the Classic Chain, is about to come to an end. Classic Chain is configured using the powerful and reliable Proof of Authority protocol. Xrp Classic is proud to share the results of closed beta tests and in this article, we will give you some important information. What is Proof of Authority? Proof of Authority was proposed by Gavin Wood, one of the co-founders of Ethereum. In the Proof of Authority...

$XRP, Cryptocurrencies, Ethereum, Press release, Proof of Authority (PoA), Proof of Stake (PoS)

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Crypto Today: Calls for Global Consensus, Regulatory Clarity, and PayPal’s Crypto Holdings

In summary, crypto firms are calling for a global consensus on regulations to attract more established investors. Meanwhile, regulatory clarity on cryptocurrencies is still lacking in the United States, and Congress needs to determine which regulator has authority over crypto markets. On the other hand, PayPal has disclosed a significant amount of crypto holdings on its balance sheet. These developments highlight the need for more global consensus...

$LTC, Bitcoin, Bitcoin Cash, Cryptocurrencies, Ethereum, Litecoin, MiCA, News, PayPal, SEC

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EigenLayer: The Future of Crypto-Economic Security on Ethereum

EigenLayer is a protocol built on Ethereum that introduces restaking, a probable “new basic feature” in crypto-economic security. This feature enables the reuse of ETH or liquid staking tokens (LST) on the consensus layer, extending security and trust to multiple services and applications on the network. In this article, we will explain what restaking is, how it works, and why it is a game-changer for Ethereum and its ecosystem. What is EigenLayer? EigenLayer...

Blockchain, EigenLayer, Ethereum, Front page, Main, ReStaking, Staking

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Crypto Market Overview: Binance Halts Bitcoin Withdrawals

On May 8, 2023, shares of cryptocurrency and blockchain-related companies fell in premarket trading after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processing fees. The halts pushed Bitcoin, the world’s biggest cryptocurrency, down 2% to a one-week low of $27,9001. Crypto exchange Coinbase Inc fell 4%, while blockchain-farm operator Bitfarms Ltd dropped 4.3%. Bitcoin Price Today The current...

$PEPE, Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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Crypto Market Today: May 4, 2023

The crypto market today is showing signs of recovery after a turbulent month of March when several crypto banks collapsed and regulators cracked down on some of the largest exchanges. Bitcoin, the leading cryptocurrency by market capitalization, has regained some of its lost ground and is trading above $30,000 as of May 4, 2023. Ethereum, the second-largest crypto, is also on the rise and is approaching $2,000. According to analysts, the crypto...

$XRP, Bitcoin, Cardano, Crypto market, Cryptocurrencies, Ethereum, Polygon

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