Maker Raises Staked Ethereum Limit to Reduce Reliance on USDC

Maker, the DeFi protocol behind the DAI stablecoin, anounced that it has doubled its debt ceiling on its staked Ethereum (stETH) vault.  The world‘s largest decentralized-finance app, Maker is working to reduce its reliance on centralized stablecoins such as Centre’s USD Coin (USDC)—especially after the mid-August Tornado Cash scandal.  Staked Ethereum is a crypto token representing one unit of Ethereum that has been deposited or locked up in anticipation of the merge, the networks upcoming upgrade.  Decentralized lending platforms provide direct loans to businesses and individuals without intermediaries, while also providing interest to other parties who supply capital. Staked Ethereum is a staking token issued as reward to lenders of Ethereum on staking services such as Lido Finance, Coinbase, Kraken, and Binance, among others.  Maker is looking to unwind USDC‘s influence and the proportion the token holds as collateral to DAI, the crypto lending service’s own decentralized stablecoin pegged to the US dollar. By approving Maker DAOs governance proposal sa raise the debt ceiling to $200 million, the protocol expects to see more stETH deposited against DAI, reducing its reliance on USDC.  Tornado Cash repercussions  Ang Kagawaran ng Treasury ng US sanctioned ang crypto mixer Buhawi Cash in August, making the protocol and associated smart contracts

2022-09-14Ethereum

Ethereum social dominance grows over 20% in a month as Merge nears

EthereumEthereum social dominance grows over 20% in a month as Merge nears09 / 14 / 2022Balita ng Ethereum ng Bitcoin  With the Ethereum (ETH) Pagsamahin ang pag-upgrade scheduled for September 15, the interest and excitement around the second largest cryptocurrency by market capitalization has only increased in recent weeks as the event drew nearer.  One approach that helped record this ascent was the rise in Ethereums social dominance. On September 13, stood at 14.79% after climbing +23.19% in only one month, according to the istatistika provided by the social intelligence platform LunaCrush.  Ethereum social dominance 1-month. Source: LunarCrush  Meanwhile, on September 14, social mentions for Ethereum were up 9.7% over the last week, while sociEthereumsents were up 34% over the same time period.  Ethereum social dominance 1-week. Source: LunarCrushEthereums Merge upgrade  ElsewhereEthereum‘sg Intelligence sen’or kalakal strategist Mike McGlone ‘as suggested that the technology behind Ethereum’s Merge upgrade is revolutionizing this financial world.  Outining the potential bullish impact of the Ethereum Merge upgrade on the generitsrypto market, he stated:  “There are things like Ethereum, which we know, okay, the Merge is coming up, it‘s going to be a little dicey with the technology, but it’s revolutionizing this financial world.”  McGlone also opined that Bitits (BTC) and Ethereum would be the

2022-09-14Ethereum

How the Ethereum Merge Ends the Environmental Debate About NFTs

Sa madaling sabi  NFTs have been widely criticized for their environmental impact, given the energy requirements of top NFT network Ethereum.  Ethereum‘s upcoming merge is expected to cut the network’s energy use by over 99%.  One of the largest criticisms against NFTs will be rendered obsolete in just a matter of hours.  That‘s because the environmental impact of Ethereum, the largest network for NFTs, will effectively be abolished after the blockchain completes ang pagsasanib—its long-awaited transition to proof of stake. Once the upgrade is complete, the move will reduce Ethereum’s energy consumption by higit sa 99%, according to the Ethereum Foundation, citing data from one of cryptos best-known environmental critics.  Its a change that is sure to have considerable implications for Ethereum and the crypto industry as a whole—including NFTs.  “The merge structurally eliminates Ethereum‘s energy requirements and carbon footprint,” Johna Powell, who co-heads NFT efforts at software firm ConsenSys, told I-decrypt. “Evolving the network’s approach to consensus ensures Ethereum can sustainably support the next generation of Web3 creators and developers.”  Paano kami makakuha dito?  At the moment, the Ethereum network is secured by a decentralized network of “miners” who run powerful computers that compete to solve complex cryptographic equations, earning ETH cryptocurrency rewards by creating new blocks

2022-09-14Ethereum

The Merge Expected to Reduce Ethereum’s Energy Consumption by 99.5%

EthereumInaasahang Babawasan ng Pagsasama ang Enerhiya ng Ethereum ng 99.5%09 / 14 / 2022Balita ng Ethereum ng Bitcoin  The Merge is around the corner. The Ethereum network is expected to experience a significant shift after the most anticipated upgrade. Since its launch in 2015, the smart contract compatible network has proven its relevance and utilities. By that time, blockchain was introduced and used for transactions such as Bitcoin, Litecoin, etc., Etherum brought more practical use of blockchain.  Ethereum network brought smart contracts making the digital ledger capable and far more practical. It made blockchain more than a transactions centric technology to act as a platform allowing development of decentralized applications.  Now with the transition from a heavy energy intensive consensus mechanism of proof-of-work to proof-of-stakes, the Ethereum network is all set to take another leap. The reason the transition is a big deal is due to energy consumption by the PoW chain.  Several reports estimated the total energy consumption of Ethereum network transaction for the overall year is upto 113 terawatt-hours. This much energy is equivalent to be consumed by the Netherlands within a similar timeframe. To get more close vision, look at the energy spent to validate just one ETH transaction which would

2022-09-14Ethereum

How Ethereum Merge Will Impact ETH Token Supply - IntoTheBlock Report - Coinpedia - Fintech & Cryptocurreny News Media

Mga tagasunod : 0 Tingnan ang profile , is the same as Bitcoins (BTC) value halving three times at once. The reward for mining a token is reduced by half during a halving. According to IntoTheBlock, this will result in Ethereum miners becoming a thing of the past, removing $20 million to $25 million in supply pressure off the market. Will ETH supply decline?  The crypto intelligence company also claims that due to an increase in transaction fees, ETH may become slightly deflationary after its transition, though it also points out that it could go either way.  Following the merge, ETH supply is probably going to briefly decline. As the anticipated event is likely to generate volatility and speculation, burning more ETH in the process, transaction fees are projected to rise in the hours and days following the merge. However, ETH will be only slightly inflationary if Ethereum fees return to their 30-day average.  “For these reasons, the most up-to-date projections for ETH inflation following the merge are between -1% to +0.5%. These figures are lower than previous projections given that transaction fees have dropped 75% over the past three months.”

2022-09-14Ethereum

Itinatampok ng Coinbase ang Apat na Potensyal na Panganib ng Pagsama-sama ng Ethereum

EthereumItinatampok ng Coinbase ang Apat na Potensyal na Panganib Ng Pagsama-sama ng Ethereum09 / 13 / 2022Balita ng Ethereum ng Bitcoin  Ang Ethereum ay sasailalim sa paglipat mula sa proof-of-work (PoW) patungo sa patunay-ng-taya (PoS) sa Merge noong Setyembre 15. Ngayon, ang Coinbase ay nakabuo ng apat na panganib tungkol sa Ethereum Merge bago ang pinaka-inaasahang pag-upgrade sa kasaysayan ng crypto.  Binabalangkas ng Coinbase Cloud ang Mga Panganib na Kaugnay ng Pagsasama  Nasa malapit na ang Ethereum Merge habang itinutulak ng mga developer at kliyente ng Ethereum ang pagsasanib ng Ethereum Mainet sa Beacon Chain noong Setyembre 15. Gayundin, ang 99.76% na ngayon ang kumpleto sa pag-unlad ng pagsasama.  Gayunpaman, mayroon ang Coinbase Cloud binalangkas mga potensyal na panganib na nauugnay sa Pagsamahin. Kabilang dito ang teknikal, pagpapatakbo, pang-ekonomiya, at kakulangan ng mga panganib sa pagkakaiba-iba ng kliyente.  Teknikal na Panganib: Dahil ang Merge ay ang pinakainaasahan at teknikal na kumplikadong pag-upgrade sa crypto, ang mga pagkakataon ng mga bug at teknikal na aberya ay mas mataas. Bukod dito, kinasasangkutan nito ang pagsasanib ng dalawang blockchain, execution layer na Ethereum Mainet (PoW) at consensus layer Beacon Chain (PoS), na ganap na naiiba sa isang hard fork.  Kamakailan, execution layer clients Pumunta sa Ethereum (geth) at Nethermind

2022-09-14Ethereum

Bitcoin sinks 5% after CPI numbers; ETH PoW fork is expected Sept. 15

Bitcoin EthereumAng Bitcoin ay lumubog ng 5% pagkatapos ng mga numero ng CPI; Inaasahan ang ETH PoW fork sa Setyembre 1509 / 13 / 2022Balita ng Ethereum ng Bitcoin  The biggest news in the cryptoverse for Sept. 12 includes Bitcoin‘s 5% price fall after the CPI report, Ravencoin seeing an increase in hashrate and price, and the Canadian Prime Minister’s criticism of the newly elected pro-Bitcoin leader of the conservative party.  CryptoSlate Top StoriesBumababa ang Bitcoin habang umabot sa 8.3% ang inflation ng CPI, pinaikli ang posibilidad ng ikatlong sunod na pagtaas ng 3 bps  Ang Bitcoin rally that started on Sept.9 ended on Sept. 13 with the Consumer Price Index (CPI) release. The CPI showed a 0.1% increase in August to reach 8.3%.  BTCUSDT  As soon as the CPI rate was anounced, Bitcoin recorded an immediate 5% fall, degrading to $21,600. Moreover, experts are anticipating that Federal Open Market Committee will decide on a 75 basis point hike during their meetings on Sept. 20-21, which is expected to push Bitcoin even lower.  Ang Ethereum Proof-of-Work fork ay nakatakdang ilunsad 24 na oras pagkatapos ng Pagsasama  Ang Ethereum Proof of Work team anounced that the PoW mainet will fork at the block height of the 2048 blocks

2022-09-14Ethereum

Mean Girls Nakatakdang Magbalik sa Web3

KabuhayanMean Girls Nakatakdang Magbalik sa Web309 / 13 / 2022Balita ng Ethereum ng Bitcoin  Ang mga trademark mula sa Paramount Pictures ay nagmumungkahi ng mga elemento ng pelikula  Naghain ang Paramount Pictures ng dalawang aplikasyon ng trademark noong Setyembre 7 para sa Mean Girls  Ang Mean Girls ay ipinalabas noong 2004 at pinuntirya ang mga kabataan  American youngster parody Mean Young ladies (2004) ay maaaring hindi magtatagal ay makakabalik na sa saddle, na may patuloy na paghahain ng brand name ng Principal Pictures uncovering naglalayon na palawigin ang brand sa crypto-collectibles.  Alinsunod sa mga tweet na ibinahagi ng awtorisadong abogado ng brand name na si Mike Kondoudis, nagtala ang Foremost Pictures ng dalawang application ng brand name noong Setyembre 7 para sa mid-2000s high schooler parody na nagtatampok ng dating Disney entertainer na si Lindsay Lohan.  Isa sa mga pinaka-quotable na pelikula sa lahat ng panahon – Mean Girls  Ang mga application ng brand name ay sumasaklaw sa mga nada-download na dokumento ng media na naglalaman ng craftsmanship na na-validate ng nonfungible token (NFTs), pati na rin ang nada-download na virtual na merchandise kabilang ang mga crypto-collectible at NFT.  Sinasaklaw din ng application ang paglipat at pagpunta sa mga crypto-collectible, NFT, at mga token ng application.  Ang Mean Young

2022-09-14Industriya

Walang mga benepisyo para sa mga unyonisadong kawani ngunit narito ang ilang NFT

TeknolohiyaWalang mga benepisyo para sa mga unyonized na kawani ngunit narito ang ilang mga NFT09 / 13 / 2022Balita ng Ethereum ng Bitcoin  Ang high street coffee giant na Starbucks ay nag-anunsyo ng isang bagong proyekto ng NFT sa parehong araw na ibinunyag nito na ang mga unyonized branch nito ay hindi bibigyan ng access sa mga benepisyo ng student loan o savings account nito.  Ngunit, sa kabila ng paglabas nang sabay-sabay, ang dalawang magkahiwalay na anunsyo ay nakakuha ng magkaibang antas ng interes.  Sa Lunes, ang kumpanya anunsyado nito NFT project sa pakikipagtulungan sa Ethereum scaling platform Polygon bilang bahagi ng bagong rewards system ng kumpanya, Starbucks Odyssey.  Kasabay nito, ang kompanya unveiled dalawang bagong benepisyo ng kawani, katulad ng serbisyo sa pamamahala ng pautang ng mag-aaral at isang Starbucks savings account. Ang huli nagbabayad ng pera sa mga tauhan nito para maabot ang mga tiyak na milestone.  Gayunpaman, bilang iniulat sa pamamagitan ng Law360, ang mga bagong benepisyo ay hindi mapapalawig sa tinatayang 325 unyonized na sangay ng Starbucks. Ito ay dahil, sa Hulyo, ang kumpanya sinabi na hindi ito mag-aalok ng anumang mga bagong benepisyo habang nakikipagkasundo sa mga unyon.  Magbasa nang higit pa: Ang TikTok guy ay nagmimina ng Bitcoin sa Starbucks

2022-09-14Industriya

Mga dahilan sa likod ng bitcoin bilang isang mahalagang pera

BitcoinMga dahilan sa likod ng bitcoin bilang isang mahalagang pera09 / 13 / 2022Balita ng Ethereum ng Bitcoin  Ang mga pandaigdigang ugnayan sa pagitan ng ibat ibang negosyo ay kadalasang sumasaklaw sa mga pambansang hangganan, time zone, at oras ng pagbabangko. Sa kumplikadong maze na ito ng mga pandaigdigang supply chain, ang bitcoin ay katangi-tanging angkop dahil sa mga programmable na protocol nito na nagpapahintulot sa mga user na mag-coordinate ng timing at paghahatid sa ibat ibang partido nang walang mga tagapamagitan. Ang nakalistang bahagi sa ibaba ay nag-e-explore kung bakit ang bitcoin ay isang madaling gamitin na pagpipilian para sa isang pandaigdigang pera sa modernong ekonomiya at kung bakit mahalaga ang bitcoin. Tulad ng bitcoin, ang PayPal ay tinatanggap sa buong mundo at ang mga tao ay kumokonekta sa dalawang ito sa pamamagitan ng pagtatanong kung pinapayagan ng PayPal ang mga user maglabas ng bitcoin at ito ay tinatalakay online.  Bakit mahalaga ang bitcoin?  Umiiral pa rin ang tradisyonal na paraan ng pakikipagtransaksyon sa negosyo, ngunit nag-aalok ang bitcoin ng mas magandang solusyon para sa ilang uri ng transaksyon. Ang Bitcoin ay mahalaga dahil ang mga naunang nag-adopt nito ay ginamit ang mga natatanging katangian ng bitcoin protocol upang bumuo ng mga

2022-09-14Industriya
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