Altcoin Holder

2023-05-01 09:39:45 ​Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has been added to 17 liquid staking platforms.

As of today, April 30, 2023, the total value locked into liquid staking protocols such as Lido Finance, Coinbase’s Wrapped Staked Ether, Rocket Pool, Frax, Stakewise, Stakehound, Ankr, Ether, and Bitfrost is just over $16 billion.

According to 30-day statistics, six out of the top ten protocols, ranked by value locked, have experienced gains over the past month, with four of them showing double-digit growth. At present, Lido dominates the $16 billion market, holding 73.6% or 6,206,101 of the 8,431,605 ethereum locked in liquid staking protocols. Open / Comment

2023-04-28 08:24:17 ​EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies

Europe's Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR.

Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations.

“The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge Analytica scandal for reference. Open / Comment

2023-04-26 09:25:55 ​Majority of creditors want Hodlnaut liquidated

Only 2.42% of claimants favor restructuring, and they are almost exclusively company directors. Withdrawals were frozen in August.

Creditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since August 2022. There is no white knight investor on the horizon, interim judicial manager (IJM) Aaron Loh Cheng Lee explained in a circular updating the case.

A circular from the IJMs dated April 25 said users representing approximately 55.38% of creditors, with claims of 228.3 million Singapore dollars (about $170.5 million), have indicated they would favor liquidation over restructuring. No source of fresh capital has been found, the letter noted, despite the founders’ efforts to find new investors:

“There appears to be no indication of a white knight investor to date, and hence no prospect of any fresh capital injection.” Open / Comment

2023-04-24 09:57:53 ​Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy.

Owners of the Trezor T model can now use a new Coinjoin service that was added to the device’s features on Wednesday.

The use of Coinjoin with the Trezor T model is optional, and a Coinjoin account must be activated in the Trezor software suite. Open / Comment

2023-04-21 10:37:07 ​Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary

Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned.

Former Treasury Secretary Lawrence Summers expressed concern on Bloomberg TV Friday about an increasing number of nations coming together and gaining global influence against the U.S. He made these remarks on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C. Open / Comment

2023-04-17 10:56:59 ​EOS Network lands $60M investment and partnership from DWF Labs

DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption.

In its most substantial investment to date, DWF Labs, a digital asset market maker and investment firm, has announced an alliance with the EOS Network Foundation (ENF), entailing an investment deal worth over $60 million. EOS is a Layer-1 network for developers looking to build blockchain-based games (GameFi) and deploy decentralized applications (dApps). Open / Comment

2023-04-15 09:44:54 ​AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder

The use of artificial intelligence, or AI, may speed up the pace at which original work is created in the metaverse, said Sebastian Borget, co-founder of The Sandbox and a speaker at Consensus 2023.

“What used to take days before, from ideation and conception, can now take just a matter of seconds,” Borget told CoinDesk TV’s “First Mover” on Thursday. AI will “accelerate and empower even more creators,” he said.

The Sandbox, a culture and entertainment platform, is a user-generated and virtual gaming tool where users can build, own and sell their gaming experiences. The Hong Kong-based platform’s Game Client was installed over 1.3 million times last year, and has a digital presence in countries including Japan, China, Dubai and Saudi Arabia, Borget said. Open / Comment

2023-04-14 12:00:57 New project: PassimPay
About: Receive and send cryptocurrency payments with PassimPay securely and quickly

Information:
We offer a user-friendly cryptocurrency payment system for personal and business purposes. It is a simple, intuitive multifunction tool that will help improve your financial management.
With PassimPay, you get access to the world's biggest financial market, instant payments to and from millions of users worldwide, safe crypto storage, which supports over 20 coins and much more.

What we Offer:-
Instant transactions.
Scheduled and Auto payments, templates, whitelists and other settings.
Floating withdrawal fees between 0.1% and 1% for personal and never more than 3.5% for business accounts.
Account and transaction security: 2FA, IP-tracking, Master key, Alarm system, etc.
Simple API integration for any website.
Tutorial videos and detailed guides on registration, API integration, etc.


Simple. Convenient. Reliable. Enjoy all the benefits of cryptocurrencies with PassimPay. Sign up here!

Don't forget to follow us on Telegram and Medium Open / Comment

2023-04-13 16:48:51 ​SHIB Price Depressed Under Bear Attack: Is All Hope Lost for Shiba Inu?

The Shiba Inu cryptocurrency, commonly known as SHIB, is experiencing significant pressure from bearish investors as IntoTheBlock reports the dominance of sellers in the past 24 hours. The volume of SHIB tokens sold exceeded the volume of purchases by 27.23 billion tokens, totaling 2.09 trillion.

The report revealed that there were 19 bear addresses that traded at least 1% of the total volume in the last 24 hours, while the bulls had 16. This has resulted in a rise in the number of large sellers to 128 in the last seven days, while the number of major buyers remains at 119. Open / Comment

2023-04-11 08:53:11 ​Bitcoin hodlers have moved on to aggressive hoarding

According to the current data of analytical company Glassnode, a stable similarity is forming between the current cycle of BTC and the cycle of 2019. Specialists paid attention to the accumulation trend indicator. This metric represents not only the number of coins that owners buy and sell. But it also takes into account the volume of wallets that take part in accumulation and distribution trends.

When the accumulation metric approaches the 1 mark, it means that institutional investors are currently the most active. According to experts, earlier investors did not assume that the bullish rally could last, and therefore at some point they started fixing long positions. However, recently the price of bitcoin once again tested the round mark of $30 thousand. This suggests that buyers are still active and believe in the development of a bullish trend. Open / Comment