Category: Latest news
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Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade
[ad_1] The Ethereum (ETH) Shanghai upgrade is due to release March, enabling withdrawals from beacon chain and allowing ETH currently staked in ETH 2.0 validators to be unstaked. With over 70% of ETH stakers currently at a loss with their ETH inaccessible, the Shanghai upgrade will enable stakers access to their ETH and decide whether…
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Decentralized hiring process leads to unique perspective on transparency in DeFi industry – SlateCast #48
[ad_1] In this episode The decentralized hiring process at SushiSwap: The process of selecting the head chef through a public vote and debate, and how it compares to traditional hiring methods. The role of interest rates in the DeFi space: The potential for DeFi to retain interest rates above those in the traditional finance world,…
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Second week of 2023, and its off to the races for Bitcoin
[ad_1] 2022 Review 2022 was an unprecedented year of demand destruction and wealth destruction across financial asset classes. Bitcoin was down 75% from its all-time high. However, this is its fourth worst drawdown and continues to make lower highs each cycle. Price Drawdown ATH: (Source: Glassnode) For many a decade, the 60/40 portfolio of stocks…
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Wallets of NFT influencer drained in OBS malware attack
[ad_1] Non-fungible token (NFT) influencer who goes by ‘NFT God’ on Twitter lost all his digital assets in a hack on Jan. 14. One of his nearly 90,000 Twitter followers bought NFT God’s stolen Mutant Ape Yacht Club NFT and offered to return it at cost price — over $25,000. Earlier in the day, NFT…
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Ex-FTX US president calls SBF insecure, spiteful, and volatile
[ad_1] Former FTX US president Brett Harrison accused FTX founder Sam Bankman-Fried (SBF)of “gaslighting and manipulation” in a Twitter thread on Jan. 14. Harrison left FTX.US in September 2022, two months before SBF’s crypto empire collapsed. Sharing his experience during the 17 months running FTX US, Harrison said that SBF resorted to cutting him off…
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Stablecoin collapse could impact U.S. bond market, economist warns
[ad_1] Economist Eswar Prasad warned that a bank run on Stablecoins could fallout into the U.S. bond markets if issuers sell U.S. Treasurys to honor redemptions. Prasad warned that if a bank run should occur while bond market sentiment remains “very fragile,” there could be a “multiplier effect” due to immense selling pressure on Treasurys.…
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The Importance of non-custodial solutions & the Nexo Wallet roadmap – SlateCast #47
[ad_1] The head of product for the Nexo wallet, Elitsa Taskova, recently sat down with Akiba, the host of the SlateCast podcast to discuss the company’s new non-custodial wallet. The timing of the release is particularly interesting, given the recent issues with exchanges and the increasing focus on non-custodial solutions. Nexo itself has been in…
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The ongoing battle against scammers in the web3 – SlateCast #46
[ad_1] The latest episode of the SlateCast, a CryptoSlate podcast that engages with some of the most exciting web3 projects, discussed the topic of safety in Web3 and the creation of tools that help users to be safe when interacting with apps and applications in the world of Web3. The speakers, Ricardo and the host,…
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Solana looks to move back into top 10 as SOL gains 36% over past week
[ad_1] Solana (SOL) seeks to move back into the top 10 cryptocurrencies after temporarily flipping Polygon market cap on Jan. 14. Sentiment surrounding SOL has swiftly shifted from bearish — in light of developers leaving Solana — to bullish as SOL price rose by more than 36% over the last seven days. The significant price…
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The web3 regulatory landscape in the UAE
[ad_1] Irina Heaver, a crypto lawyer based in the Middle East, authored the following guest post. 2022 was an eventful year for the Web3 Founders, crypto lawyers, and Financial Regulators. The industry witnessed multiple bankruptcies and allegations of fraud that would make Madoff look like an angel. Some of the highest-profile influencers and sports stars…