After Ethereum’s long-awaited Shanghai update, the native cryptocurrency of the blockchain, ether (ETH), has mostly remained untouched. By enabling previously inaccessible staked ETH withdrawable, the upgrade completed Ethereum’s transition to a proof of stake network. This switch to proof of stake is important because users stake ETH with the network
The cryptocurrency sector has recently witnessed the growth and increasing traction of XDC Network (XDC). It is primarily attributed to the network’s efforts and integration within the field. XDC Network’s commitment and dedication to the industry have been pivotal in its success, with its seamless integration contributing to its popularity
The Multichain (MULTI) token witnessed a massive increase in trading price for the last few days. MULTI’s trading price surged by 14.52% in the past 24 hours, while the global crypto market is down by 0.59%. MultiChain (MULTI) is a decentralized platform that enables the creation of custom blockchain networks.
Ethereum has moved one step closer to a fully autonomous proof-of-stake system after its long-awaited Shanghai upgrade takes hold on the world’s second-biggest blockchain. On April 12, the main feature of the Shanghai upgrade, known as EIP-4895, went live. The upgrade now allows some users to withdraw their staked ETH
Kraken, the US-based crypto exchange, has started withdrawing all staked Ethereum (ETH) amid US Securities and Exchange Commission (SEC) pressure. The exchange started the procedure to withdraw all staked ETH associated with its users in the U.S. ahead of the Ethereum Shapella upgrade, which is scheduled for April 12 at
Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum
In the hours before the anticipated Shanghai upgrade to the blockchain, the price of Ethereum (ETH) dropped below $1,900 on April 12. ETH currently trades for $1,867.62 with a 24-hour trading volume of $8,721,558,303. Ethereum has decreased by 2.39% during the past 24 hours. The Shanghai upgrade, also known as
Lost Worlds, a location-based NFT platform, has announced LOST.NYC, an immersive event happening in New York from April 11–14. The one-of-a-kind event will take place during NFT.NYC, the premier conference for the NFT community. The idea behind LOST.NYC is to provide NFTs a chance to leave their digital comfort zones
To increase throughput and decrease transaction costs for token swaps, Cross-chain automated marker maker Symbiosis has integrated the layer-2 scaling protocol zkSync. In March 2022, the DEX (decentralized exchange) went live. It offers single-sided stablecoin pools that allow liquid suppliers to incur zero impermanent loss. It also allows users to
In order to remove the intervention of third-party services to buy, sell, or trade for transaction validation, cryptocurrencies are born. Since 2008, the crypto market is evolving to a position of aiming for a $5.15B global estimation in the year 2023. Soon in 2030, it is predicted to be doubled by
