Lido’s market dominance and Ethereum decentralization post-Merge
Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake. Go to Source Powered by WPeMatico
Proof-of-Stake
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Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root cause.” Solana Investigates Massive Wallet Exploit, Root Cause of the Hack … Read more
Lido DAO: Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?
LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June. Go to Source Powered by WPeMatico
Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
DOT could witness an increase in demand after Polkadot’s launch of an intercommunication blockchain tool. Go to Source Powered by WPeMatico
Ether creates history as key metric in ETH options exceeds Bitcoin by 32%
While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation. Go to Source Powered by WPeMatico
Swiss Sygnum Bank expands crypto staking with Cardano
Sygnum debuted cryptocurrency staking about two years ago with Tezos staking, eventually expanding the service to ICP and ETH 2.0. Go to Source Powered by WPeMatico
Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Backwardation reflects a market condition wherein spot prices trade higher than future prices. Go to Source Powered by WPeMatico
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33% of the survey’s respondents think … Read more
Ethereum will outpace Visa with zkEVM rollups, says Polygon co-founder
A new scaling solution, zkEVM rollups, could allow Ethereum to overcome Visa in terms of transaction throughput, says Polygon co-founder Mihailo Bjelic. Go to Source Powered by WPeMatico
Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing?
Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate. Go to Source Powered by WPeMatico
