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By this point, DraftKings was rolling in MATIC rewards. In eight months, the validator's token stake had grown 120% to 5,578,691 MATIC ($6.3 million at the time). No other Polygon validator had earned that much for itself over that time. Then again, none of the other validators had been charging
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The gaming and metaverse-focused firm declined to provide details of the investment. Source
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SSV.Network is on the verge of completing its mainnet launch. Once achieved, it will pave the way for a wider rollout of its DVT implementation. Ethereum staking infrastructure protocol SSV.Network has unveiled a major partnership with P2P.org, the non-custodial provider of institutional staking. The deal will see P2P.org integrate the DVT
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ETH staking growth was “exceptionally strong” since the Merge – when Ethereum transitioned to proof-of-stake in September 2022 – and Shapella upgrades, but the initial fervor has started to cool, David Lawant, head of research at institutional crypto exchange FalconX, noted in a market report. Source
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Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes. The incident occurred on Oct. 11 at about 3:30 pm UTC, according to Launchnodes. In an Oct. 11 post on X, Lido
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However, the rate at which Ethereum’s validator set size is growing will soon make Holesky’s value obsolete. As of September 15, 2023, there are 806,759 active validators on Ethereum. Since the activation of staked ETH withdrawals in the Shanghai/Capella upgrade on April 12, the number of active validators has increased
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Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator. Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network. This month, @GoogleCloud became part of the decentralized validator set for Polygon PoS.The same infrastructure used to power @YouTube
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CROWD CONTROL: Ethereum has been so successful in attracting new validators for its proof-of-stake blockchain that the network is now starting to suffer from sprawl. There are nearly 800,000 active validators on the network, up about 41% since April’s “Shapella” upgrade, when withdrawals of staked ETH were first allowed, according
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“At Google Cloud, we’re focused on strengthening the Web3 ecosystem by offering founders and developers the tools they need to scale their applications,” Carlos Arena, director of digital assets at Google Cloud, said. “Running a validator on the Celo network builds on our collaboration with the Celo Foundation, and we
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ubisoft, a video game creator and publisher, is growing its footprint in the non-fungible token (NFT) gaming industry after partnering with Cronos, a blockchain network, per an update on July 18. Ubisoft to run a Cronos validator
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