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A year on from the Merge, however, centralization remains one of Ethereum’s biggest challenges. To stake on Ethereum, a validator needs to lock up 32 ETH, or roughly $50,000 with the network – funds that earn a steady stream of interest, but can be revoked if a validator errs or
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The Ethereum blockchain is notable for its smart contract functionality and various other things. However, many might not be conversant with the
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Hong Kong, Australia, and Venezuela took center stage as regulatory actions rocked the scene. Meanwhile, Sam Bankman-Fried’s parents face lawsuits while Binance and Coinbase navigate challenges. Hong Kong ramps up efforts During the Shanghai Blockchain International Week, Duncan Chiu, a member of Hong Kong’s Legislative Council, announced the forthcoming implementation of stablecoin
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The Authors Guild asserts that OpenAI’s actions constitute a breach of the Copyright Act. The Authors Guild, a prominent organization representing US writers, initiated a class-action lawsuit against OpenAI on September 19th. The lawsuit alleges that OpenAI improperly utilized copyrighted materials during the training of its artificial intelligence systems. Notably, this
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Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market
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This week, CoinEX and investor Mark Cuban were counting losses as hacks persisted. Despite these setbacks, Deutsche Bank, PayPal, and Franklin stepped into the crypto limelight. A slew of hacks Much like the previous weeks, crypto-related hacks dominated the scene this week. Vitalik Buterin, co-founder of Ethereum, faced a cybersecurity breach on
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New York’s blockchain company, R3, has reduced its workforce by over 20% as a cost-saving measure due to lower-than-expected adoption rates in the financial sector. Bloomberg reported that while R3 have seen potential with central banks, other projects didn’t perform as expected, affecting their revenue. In a world of uncertainties, R3’s
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Bitcoin price is slowly moving higher above $26,000. BTC is showing signs of recovery but is still struggling to clear the $26,500
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While Nigeria appears to have a high level of blockchain and crypto awareness, the country is still facing issues related to public education in the field. A group of local blockchain experts discussed blockchain education's challenges in Nigeria at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit
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Kaal Dhairya, one of the key developers behind Shibarium, has revealed a series of significant upgrades aimed at bolstering the network’s capabilities while appreciating the community’s efforts to adopt the protocol. Shibarium, a layer-2 network associated with the Shiba Inu (SHIB) protocol, has reached a remarkable milestone, surpassing one million wallets
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