The upgrade to Ethereum 2.0 comes with many changes, including the migration to the proof-of-stake consensus algorithm, believed to make the network more secure and compensate participants accordingly. What is the difference between self-staking and ETH2.0 Staking Earn? While Ethereum 2.0 staking allows validators to be compensated for securing the network, ‘Ethereum 2.0 Staking Earn’…
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Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others.
Blockdaemon…
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This year a great deal of popular hip-hop superstars like Eminem, Jay-Z, Ja Rule, Lil Pump, and many more have been getting into the non-fungible token (NFT) collectibles scene. On Monday, the American rapper Snoop Dogg revealed that he is an avid collector of NFTs. Snoop claims to be a pseudonymous Twitter account dubbed “Cozomo…
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On Tuesday, the fast food restaurant chain Burger King announced the company has launched a non-fungible token (NFT) campaign called the “Keep It Real Meals” initiative. The campaign is in collaboration with the NFT marketplace Sweet and will feature celebrities like Nelly, Anitta, and LILHUDDY. Six Million Meal Boxes With Burger King NFTs The NFT…
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Blockchain-based startups continue to account for a significant proportion of newly established business entities across the globe. With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups…
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A new survey suggests that most Salvadorans still don’t have a clear understanding of Bitcoin or crypto. El Salvador has made global headlines with its president’s controversial introduction of Bitcoin (BTC) as legal tender – a move that has sparked dissent from many local citizens and was met with skepticism by the International Monetary Fund.…
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On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT)…
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The Boston Blockchain Association has published crypto regulatory advisory guidelines for lawmakers in Massachusetts to consider. The Boston Blockchain Association, or BBA, together with Boston-based media house Media Shower and the Chamber of Digital Commerce are working to lobby for favorable crypto regulations in Massachusetts. According to a release issued on Monday, the BBA in…
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One third-party explorer puts the number of time-locked Cardano smart contracts over 2,000. More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on Monday — but there’s a catch. As of now, the 200 smart contracts listed are in timelock and cannot be used by developers until…
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On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K Ether Burned Following EIP-1559 More than a billion dollars worth of…
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