Category: Latest news

[ad_1] Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade. The Hotel California song is about a prison where no one escapes from. Ethereum is becoming the Hotel California of Crypto https://t.co/oRUw4kxvfS…

[ad_1] GrayScale Investment has announced plans to sell ETHPoW tokens it received from the PoW hard-fork following Ethereum’s transition to proof-of-stake (PoS). Shortly after the Merge on Sept. 15, miners hard-forked Ethereum to launch the Ethereum PoW network. As proposed,  ETHPoW tokens were distributed to eligible ETH holders. Two funds owned by GrayScale Investment received a cumulative…

[ad_1] NEO Foundation (NEO) is a blockchain platform where developers can build decentralized applications (dApps). NEO provides infrastructure such as decentralized storage, oracles, and domain name service to allow developers to build dApps that automate asset management using smart contracts. The protocol’s ultimate goal is to become a decentralized and open network for the “Smart…

[ad_1] TL;DR U.S. CPI sparks upward revision to the expected fed-funds rate U.K. stays top of the G7 inflation league, with actual CPI year-over-year of 9.9% GBP saw new lows against the U.S dollar, same levels as 1985 There’s a 30% probability of a 100bps rate hike in the next FOMC meeting Ethereum’s highly anticipated…

[ad_1] Rhino.fi is the first multi-chain DeFi platform that allows users to swap tokens across chains without having to use bridges. The protocol defines itself as a “gateway to DeFi.” By eliminating the usage of third parties like bridges, rhino.fi also eliminates high transaction fees, having to use multiple front-ends, and giving up the custody…

[ad_1] The metaverse event company RLTY partnered up with metaverse fashion giants The Fabricant and World of Women (WoW) to host a global metaverse fashion event in the Decentraland between Sept. 20 and 22. The Fabricant is a digital fashion company focusing on bringing a sense of fashion to the metaverse. WoW, on the other…

[ad_1] Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after its discovery. The Helium ecosystem has two tokens, HNT and MOBILE, that it uses to reward its network users. HNT is…

[ad_1] Osmosis Co-Founder Sunny Aggarwal has questioned the effectiveness of Ethereum’s staking model as it will not enable withdrawal of staked ETH post-merge. Currently, there are 13.7 million ETH staked on the beacon chain. According to the PoS design, the assets will remain locked until the Shanghai update goes live in the future, In a…

[ad_1] The biggest news in the cryptoverse for Sept 16 includes the crypto community arguing that ETH could be considered a security post-merge, the Whitehouse releasing a framework for crypto regulation, U.S. banks pausing crypto lending plans amid challenging SEC guidelines, Celsius seeking approval to sell $23M worth of stablecoin assets. CryptoSlate Top Stories Debate…

[ad_1] The White House has released the framework for cryptocurrency regulation based on the earlier executive order from President Biden. The framework — a combined effort of several federal agencies — offers several recommendations on regulating cryptocurrency, cracking down on crypto fraud, and bringing the financial services industry up to standard. CNBC reported that a…