P2P.org has announced to launch its Staking-as-a-Business (SaaB) model as its total value locked (TVL) surpasses $7.5 billion. According to a press release shared with Cryptonews.com, P2P.org, a validator for Ethereum and 30 other blockchains, has exceeded $7.5 billion in TVL and has more than 1 million Ethereum staked, ranking it as a major institutional…
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Animoca Brands will invest in the TON blockchain protocol and become its largest validator as it eyes GameFi development on the platform. Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to messaging application Telegram’s 800 million users. An…
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According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator. Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network. This month, @GoogleCloud became part of…
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Google Cloud joins Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators. In a Sept 29 announcement, the tech giant will become one of the 100+ validators that helps secure the blockchain leveraging Google’s reputation for security services in several areas. Per the official release Polygon will utilize the same infrastructure used to power…
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The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized. Ethereum core developers plan to implement a 64-fold increase in the minimum amount of staked Ether (ETH) required to become a validator, from 32 ETH to 2048 ETH. The proposal was made during a…
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Canada’s largest university is the third in the country to partner with Ripple’s University Blockchain Research Initiative. The University of Toronto plans to launch an independent XRP Ledger (XRPL) validator, Ripple announced June 12, as the university will become part of Ripple’s University Blockchain Research Initiative (UBRI). The partnership will support blockchain and crypto technology…
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The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon. One of Europe’s largest telecommunications companies uses its infrastructure to explore new revenue streams and boost network security as a validator for blockchain protocols. Germany’s Deutsche Telekom is set to become a validator…
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It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just…
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Orbs’ single-nominator contract offers independent validation for validators, safeguards against gas attacks and enables stake recovery during emergencies. Orbs, a public blockchain infrastructure designed for mass usage applications and close integration, has announced the release of the single nominator smart contract for validators in the Telegram Open Network (TON), a decentralized layer-1 blockchain. In the…
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The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’…
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