CryptoExplorer ✪

2023-04-16 16:05:31 Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance
Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company. Starting Thursday, a new feature will be rolled out on the Twitter app. It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro, the company told CNBC exclusively. Currently, it’s already possible to view real-time trading data from TradingView on index funds like the S&P 500 and shares of some companies such as Tesla. That can be done using Twitter’s “cashtags” feature — you search for a ticker symbol and insert dollar sign in front of it, after which the app will show you price information from TradingView using an API (application programming interface). Read more Open / Comment

2023-04-15 10:45:22 Uniswap DAO approves proposal to deploy v3 on Polygon zkEVM
The Uniswap DAO approved a governance proposal in favor of deploying Uniswap's version 3 (or v3) decentralized exchange on Polygon zkEVM, a new ZK-Rollup solution compatible with the Ethereum ecosystem. This move continues the expansion of popular Ethereum apps to the new wave of ZK-Rollups that have recently launched, suggesting that Ethereum is growing in its ability to offer its main features at scale. The proposal was initiated by Polygon Labs, the core team behind the Polygon zkEVM and passed with over 42.4 million votes in support and nil against. This comes after Ethereum’s top lending protocol Aave had previously passed a governance proposal to release its v3 platform on Polygon zkEVM mainnet in a temperature-check phase. Read more Open / Comment

2023-04-14 12:10:57 Kraken set to unstake more than $1 billion worth of ETH after Shapella upgrade
U.S. crypto exchange Kraken has initiated withdrawal requests for their stakes following the Shapella upgrade that introduced ether (ETH) withdrawals. The upgrade has resulted in a massive influx of withdrawal requests, surpassing $1.5 billion, including both partial and full exits. Kraken provides a staking service that streamlined the Ethereum staking process, allowing users to deposit into the platform and create validators on their behalf. This development follows Kraken’s settlement of charges brought by the Securities and Exchange Commission for allegedly failing to register the offer and sale of its staking program in the U.S. Kraken agreed to pay a $30 million fine. Read more Open / Comment

2023-04-13 16:04:56 Ethereum just broke $2,000 Open / Comment

2023-04-13 12:46:26 Shapella, Ethereum's first major upgrade since The Merge, is now live
The upgrade took place just before 6:30 p.m. ET, marking the first major change since The Merge last year. The hard fork implemented Ethereum Improvement Proposal (EIP) 4895, allowing users and validators to withdraw their staked ether (ETH) on the network. The developers will be monitoring for any potential issues with the upgrade's completion, as noted in a YouTube stream. The upgrade was released on the mainnet at block height 6209536. In addition to the withdrawal mechanism, developers have optimized the network's gas fees for certain transactions, as previously noted by the core team on GitHub. This event marks a significant change for Ethereum due to its potential impact on the ecosystem, including the unlocking of previously inaccessible funds. Now that withdrawals have been enabled, the network has finally completed its transition to proof-of-stake consensus. Read more Open / Comment

2023-04-13 01:34:15 Ethereum rewards worth over $2 billion will be liquid in first five days after Shapella
More than 1.1 million ether — worth $2 billion — in accrued validator rewards will be available to be claimed, according to on-chain estimates, following Ethereum's Shapella upgrade set to take place today. Shapella will finally allow users and validators to access their staked ETH, which has been inaccessible since Ethereum introduced its staking layer, the beacon chain, in December 2020. The upgrade will enable regular depositors, independent validators and those utilizing staking service providers to access rewards accumulated over the past two years. These rewards will be paid out in "partial withdrawals" representing 6% of the total 18 million ETH currently staked on the network. Two withdrawal options will be available through the Shapella upgrade: partial and full. Partial withdrawals will be distributed to validators automatically, maintaining their validator balance at 32 ETH. In contrast, full withdrawals involve closing the validator and recovering the entire staked balance. Read more Open / Comment

2023-04-11 17:36:06 US SEC seeks to expand its Crypto Assets and Cyber Unit
Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the FTX demise and collapse of Silicon Valley Bank (SVB). Now, according to a job posting on the official government website, the U.S. Securities and Exchange Commission is seeking to hire general attorneys in New York, New York, San Francisco, California and Washington D.C. for its Crypto Assets and Cyber Unit in its Division of Enforcement. The listing details that part of the job’s duties will include conducting “complex, fast-moving investigations” involving crypto asset securities and cyber issues. Other duties include drafting subpoenas or document requests, questioning witnesses through interviews, evaluating evidence and more. Read more Open / Comment

2023-04-11 10:22:58 #Bitcoin $30,000 Open / Comment

2023-04-10 15:30:58 This Week In Crypto (CW 14)

1. Bitcoin white paper is apparently hiding in Apple’s modern macOS

2. Elon Musk changes Twitter icon to Doge after seeking lawsuit dismissal

3. Swiss Bank PostFinance to Roll Out Bitcoin, Ethereum Services for Clients

4. Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade

5. Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 70% Surge

CW13 (last week) Open / Comment

2023-04-10 13:05:44 Why Crypto Is Watching Ethereum’s ‘Shanghai’ Upgrade
The Ethereum network is set to undergo a technical revamp on April 12 that will allow users to withdraw tens of billions of dollars of its native token, Ether. Known as the “Shanghai” upgrade, it’s a necessary step after the world’s most commercially important crypto platform shifted to a less power-hungry process for ordering transactions. Investors burned by recent turmoil in crypto markets will be wondering if, presented with their first opportunity to withdraw their tokens, some Ether holders will run for the hills. Read more Open / Comment