Author: Crypto News Live
TL;DRFull StoryIt wouldn’t be ‘ETH ETF approval/denial deadline day’ without mentioning the ETH ETFs. So here goes (with a unique angle).Staking is one of the fundamental concepts of crypto (and Ethereum in particular). It’s the idea that you can lock up your crypto, which helps secure the network, and in return you earn ‘staking rewards’ aka ‘interest.’So, if all of these ETH ETF’s are approved, and they suddenly start buying and holding a ton of ETH, will they be staking it? Short answer: no.Here’s what was announced on Tuesday by Cboe (i.e. the exchange that plans to list spot ETH…
Ethereum’s price increased by over 25% in the last seven days. Most metrics hinted at a price correction in the short-term. Ethereum [ETH] witnessed a massive price increase over the last week as its price sat comfortably above the $3.7k mark. While the token’s price gained bullish momentum, whales acted in an interesting manner as signs of high accumulation emerged. Ethereum whales are stockpiling CoinMarketCap’s data revealed ETH had quite a few less volatile days last week. Things changed on the 21st of May as ETH turned bullish. The token’s price increased by more than 25% over the last seven…
The Axie Infinity Origins Season 8 has finally ended, and the Postseason has started. The main highlight of the Postseason is the upcoming Elite 8 tournament, which features giveaways of up to 600 Axies followed by several new updates. Also read: Up to 20,000 AXS in Rewards in Axie Infinity Homeland Cooking Showdown The Axie Origins Elite 8 tournament will take place on 25th May at 7:00 AM EST following the end of season 8. It will feature the top 8 players from the previous season competing against each other for a shared prize pool of 3,000 AXS. Elite 8…
Prom has announced an integration with Chainspot, an aggregator of cross-chain web3 solutions. This partnership is bound to increase the efficiency and usefulness of the Prom network for users. Through the use of Chainspot technology, Prom will facilitate easier cross-chain transfer and more efficient operations between protocols. This integration also shows Prom’s dedication to improving the blockchain industry and its goal of building a more interconnected and efficient blockchain ecosystem. Prom Integrates Chainspot Into the EcosystemWelcome @ChainspotIO, a powerful aggregator of cross-chain Web3 solutions, and a new member of Prom ecosystem of products.Chainspot brings seamless DeFi interactions to the table…
ERC-5189, also known as the Ethereum Improvement Proposal (EIP) 5189, is a standard that was introduced to address scalability and user experience challenges in smart contract wallets. It focuses on two main aspects – decentralized mempools and account abstraction – without making any changes to the core protocol of Ethereum. In this article, we will dive deeper into the technical specifications of ERC-5189 and its potential impact on the Ethereum ecosystem.Technical SpecificationsTo understand ERC-5189, it is important to first understand mempools. A mempool is a holding area for pending transactions before they are confirmed by miners and added to the blockchain.…
Solana has weakened against Ethereum on the price charts However, SOL maintained a bullish sentiment and market structure. The ongoing speculation on Ethereum [ETH] ETF approval could threaten Solana [SOL] price prospects, at least in the short-term, per some market watchers. SOL has since become a target of social media dunk as the market increasingly adapts to the possibility of an ETH ETF. One Solana builder and user, Nigel Eccles, commented, ‘As a Solana maxi who has been building on Solana since 2021, hearing the ETH ETF news has been incredibly tough. Like I thought ETH was finished and Solana…
Spindl, a Web3 startup founded by Silicon Valley veteran Antonio Garcia Martinez, has launched what it bills as the first truly on-chain ad network. Like Web2’s off-chain ad networks, this one connects advertisers, publishers, and providers of so-called attribution services that track where customers come from. In this case, the “publishers” are providers of crypto wallets that increasingly resemble social apps, with news feeds and “discover” tabs. To be clear, the serving of ad content would occur off-chain as usual. But the advertisers would transfer funds for a campaign to a smart contract, which would release the money to the…
On-chain data suggests the Ethereum whales have shown a burst of activity recently. Here’s what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of interest here is the “Number of Large Transactions,” which, according to the analytics firm, tracks the total number of Ethereum transactions on the network valued at more than $100,000. Related Reading Generally, only whale entities can make such large single transaction movements, so such large…
With over 800 million monthly users, Telegram has established itself as a popular messaging app globally. However, in recent years, it has also become a hub for the crypto community with its growing ecosystem of mini apps. These mini apps, also known as TMAs, are applications built and run directly on the messenger platform. They offer various features, including access to the TON SDK, monetization options, bot interaction, and community development. This article will explore the rise of Telegram mini apps and their impact on engaging users in the crypto world.The Power of Telegram Mini AppsThe popularity and power of Telegram mini apps…
Serenity Shield is transforming the landscape of data storage with the launch of its new global Decentralized Physical Infrastructure Network (DePIN). This innovative network kicks off with the opening of its first decentralized data center in Muscat, Oman. This marks a significant step towards reducing the world’s reliance on centralized cloud services for storing data. The Muscat facility is just the beginning, with plans to activate additional facilities in strategic locations including India, Portugal, the Netherlands, the USA, and Australia over the coming months. This global expansion is part of Serenity Shield’s mission to offer a new paradigm where individuals…
