Aleksandr_ya
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#Ethereum(ETH) #Etherrum 🤓 Dencun reduced commissions in L2 networks several times
After the Dencun update on the Ethereum network, the cost of gas in L2 solutions dropped several times.
For example, in Base gas fell from ~$0.5 to approximately $0.0012.
The average swap fee on Starknet dropped from $6-$7 to $0.04.
At Optimism, commissions are also fractions of cents.
Arbitrum will activate the update today.
After the Dencun update on the Ethereum network, the cost of gas in L2 solutions dropped several times.
For example, in Base gas fell from ~$0.5 to approximately $0.0012.
The average swap fee on Starknet dropped from $6-$7 to $0.04.
At Optimism, commissions are also fractions of cents.
Arbitrum will activate the update today.
#Ethereum(ETH) #ETH/USDT: #HotTrends 🤓 The Dencun update has been activated on the Ethereum network
The Dencun update has been officially activated on the Ethereum mainnet.
Thanks to Dencun, L2 solutions will significantly reduce gas fees.
The Dencun update has been officially activated on the Ethereum mainnet.
Thanks to Dencun, L2 solutions will significantly reduce gas fees.
#HotTrends #BTCRally #MiningContracts 🤓 Core Scientific mined 19274 BTC in 2023
Mining company Core Scientific reported that in 2023 it mined 19,274 BTC, which is now valued at $1.4 billion.
13,762 BTC were mined for the company's account, and another 5,512 BTC for clients.
Core Scientific also owns the largest mining center in North America with a capacity of 724 megawatts.
Mining company Core Scientific reported that in 2023 it mined 19,274 BTC, which is now valued at $1.4 billion.
13,762 BTC were mined for the company's account, and another 5,512 BTC for clients.
Core Scientific also owns the largest mining center in North America with a capacity of 724 megawatts.
#HotTrends #SEC 🤓 Coinbase filed a lawsuit against the SEC
Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of arbitrary and capricious behavior in regulating digital assets.
The exchange said the SEC violated the law by ignoring the company's petition.
Coinbase also accused the regulator of refusing to write rules regarding cryptocurrency.
Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of arbitrary and capricious behavior in regulating digital assets.
The exchange said the SEC violated the law by ignoring the company's petition.
Coinbase also accused the regulator of refusing to write rules regarding cryptocurrency.
#HotTrends #BTC/USDT. 🤓 Miners began a period of record electricity consumption
Since February 2023, 13 leading mining companies have placed orders for specialized equipment worth more than $1 billion.
In particular, CleanSpark and Riot Platforms spent $888 million on equipment.
Miners also began to consume record amounts of energy.
They used 19.6 gigawatts of electricity last month, compared with 12.1 gigawatts during the same period in 2023.
Since February 2023, 13 leading mining companies have placed orders for specialized equipment worth more than $1 billion.
In particular, CleanSpark and Riot Platforms spent $888 million on equipment.
Miners also began to consume record amounts of energy.
They used 19.6 gigawatts of electricity last month, compared with 12.1 gigawatts during the same period in 2023.
#BTC/USDT. 🤓 Billionaire Bill Ackman is thinking about buying Bitcoin
Pershing Square Capital Management founder and CEO Bill Ackman suggested that the price of Bitcoin could continue its bullish movement.
“An increase in the price of Bitcoin leads to an increase in mining and an increase in energy consumption, which leads to an increase in the cost of energy, causing an increase in inflation and a decline in the value of the dollar, stimulating the demand for Bitcoin and the growth of mining, stimulating the demand for energy. This cycle continues. Bitcoin is heading towards infinity, energy prices are skyrocketing, and the economy is collapsing. Maybe I should buy Bitcoin,” he wrote.
However, he noted that such a system can also work in the opposite direction.
Pershing Square Capital Management founder and CEO Bill Ackman suggested that the price of Bitcoin could continue its bullish movement.
“An increase in the price of Bitcoin leads to an increase in mining and an increase in energy consumption, which leads to an increase in the cost of energy, causing an increase in inflation and a decline in the value of the dollar, stimulating the demand for Bitcoin and the growth of mining, stimulating the demand for energy. This cycle continues. Bitcoin is heading towards infinity, energy prices are skyrocketing, and the economy is collapsing. Maybe I should buy Bitcoin,” he wrote.
However, he noted that such a system can also work in the opposite direction.
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🤓 Tether has implemented a recovery service that will allow you to withdraw USDT even if a certain blockchain fails
Tether has developed a recovery system that will allow you to withdraw USDT even if any blockchain fails or turns out to be unreliable.
Users will be able to prove ownership of their addresses on the non-responding blockchain and the recipient's address on another supported blockchain, and Tether will transfer USDT between them.
Affected users will be able to initiate the migration process themselves through the Tether interface.
Tether has developed a recovery system that will allow you to withdraw USDT even if any blockchain fails or turns out to be unreliable.
Users will be able to prove ownership of their addresses on the non-responding blockchain and the recipient's address on another supported blockchain, and Tether will transfer USDT between them.
Affected users will be able to initiate the migration process themselves through the Tether interface.
🤓 BlackRock's Bitcoin ETF assets reach $10 billion
Assets in BlackRock's Bitcoin ETF reached $10 billion in seven weeks.
As of today, the company holds 162K BTC.
At the same time, Fidelity's Bitcoin ETF assets are valued at 105K BTC ($6.3 billion).
Assets in BlackRock's Bitcoin ETF reached $10 billion in seven weeks.
As of today, the company holds 162K BTC.
At the same time, Fidelity's Bitcoin ETF assets are valued at 105K BTC ($6.3 billion).
🤓 Media: Nigeria began to block access to crypto exchanges
Nigeria has instructed its telecommunications companies to block access to Binance, OctaFX and Coinbase in a bid to curb currency speculation in the country.
On February 21, Presidential Advisor Bayo Onanuga accused Binance of manipulating the Nigerian naira and called for a ban on cryptocurrencies in the country.
Locals said the naira crisis was caused by the country's poor policies and not by cryptocurrencies and exchanges.
In December 2023, the Central Bank of Nigeria lifted the ban on cryptocurrency trading.
Nigeria has instructed its telecommunications companies to block access to Binance, OctaFX and Coinbase in a bid to curb currency speculation in the country.
On February 21, Presidential Advisor Bayo Onanuga accused Binance of manipulating the Nigerian naira and called for a ban on cryptocurrencies in the country.
Locals said the naira crisis was caused by the country's poor policies and not by cryptocurrencies and exchanges.
In December 2023, the Central Bank of Nigeria lifted the ban on cryptocurrency trading.
🤓 Circle is ending support for USDC on the Tron network
Circle announced that it will stop supporting USDC on the Tron network. Starting today, USDC will no longer be minted on Tron.
Users can transfer their Tron USDC to exchanges or other blockchains.
Institutional clients must redeem their USDC into Tron or transfer it to other networks by February 2025.
Circle announced that it will stop supporting USDC on the Tron network. Starting today, USDC will no longer be minted on Tron.
Users can transfer their Tron USDC to exchanges or other blockchains.
Institutional clients must redeem their USDC into Tron or transfer it to other networks by February 2025.
🤓 Metamask users will receive notifications about malicious transactions
MetaMask has integrated a service to alert users about potentially malicious transactions. Blockaid helped develop the solution.
Alerts will work on Ethereum, Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche networks.#
MetaMask has integrated a service to alert users about potentially malicious transactions. Blockaid helped develop the solution.
Alerts will work on Ethereum, Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche networks.#
#Write2Earn 🤓 Japanese authorities plan to allow local venture capital companies to invest in cryptocurrencies
Japanese authorities have approved a proposal that will allow Japanese venture capital firms to invest and hold cryptocurrencies.
Previously, companies could not do this directly. Venture investors could only receive shares of projects, but the ability to transfer digital assets was limited.
The draft amendment will be presented to parliament in 2024.
It is expected that this measure will improve the situation with local Web3 companies and help them attract funding.
Japanese authorities have approved a proposal that will allow Japanese venture capital firms to invest and hold cryptocurrencies.
Previously, companies could not do this directly. Venture investors could only receive shares of projects, but the ability to transfer digital assets was limited.
The draft amendment will be presented to parliament in 2024.
It is expected that this measure will improve the situation with local Web3 companies and help them attract funding.
🤓 Gemini will return specific digital assets to Earn users, not dollars
Gemini Exchange reported that the court granted Genesis' request to sell GBTC shares.
Gemini was also allowed to begin monetizing its initial collateral of 30.9 million GBTC shares.
This will allow Earn users to receive their collateral back in specific digital assets rather than dollars.
Gemini Earn users have not been able to access their assets for more than 1.5 years.
Gemini Exchange reported that the court granted Genesis' request to sell GBTC shares.
Gemini was also allowed to begin monetizing its initial collateral of 30.9 million GBTC shares.
This will allow Earn users to receive their collateral back in specific digital assets rather than dollars.
Gemini Earn users have not been able to access their assets for more than 1.5 years.
#Write2Earn 😁 Solana will use Filecoin to store data
Solana has integrated the Filecoin decentralized data storage system.
With Filecoin, the history of the Solana blockchain will become more accessible and convenient for infrastructure providers.
Solana has integrated the Filecoin decentralized data storage system.
With Filecoin, the history of the Solana blockchain will become more accessible and convenient for infrastructure providers.
#Write2Earn 🤓 Ethena Labs raised $14 million from PayPal Ventures, Franklin Templeton, Fidelity and many other key funds
USDe stablecoin developer Ethena Labs has raised $14 million.
Participating in the round were Dragonfly, Brevan Howard Digital, BitMEX founder Arthur Hayes' family office Maelstrom, PayPal Ventures, Franklin Templeton, Fidelity through Avon Ventures and several cryptocurrency exchanges including Binance, Deribit, Gemini and Kraken.
The founder of the project, Guy Young, said that the round was supposed to be $50 million, but the company decided to limit it to $14 million, since this money would be enough for development.
Ethena has now reached a valuation of $300 million.
USDe stablecoin developer Ethena Labs has raised $14 million.
Participating in the round were Dragonfly, Brevan Howard Digital, BitMEX founder Arthur Hayes' family office Maelstrom, PayPal Ventures, Franklin Templeton, Fidelity through Avon Ventures and several cryptocurrency exchanges including Binance, Deribit, Gemini and Kraken.
The founder of the project, Guy Young, said that the round was supposed to be $50 million, but the company decided to limit it to $14 million, since this money would be enough for development.
Ethena has now reached a valuation of $300 million.
#Write2Earn 🤓 Bloomberg: Sullivan & Cromwell to be appointed independent observer of Binance
According to Bloomberg, law firm Sullivan & Cromwell will be appointed as an independent monitor for Binance.
Sullivan & Cromwell is also handling the FTX bankruptcy case.
The Company will monitor Binance's compliance with its plea agreement and take steps to address weaknesses in its anti-money laundering and sanctions compliance systems.
According to Bloomberg, law firm Sullivan & Cromwell will be appointed as an independent monitor for Binance.
Sullivan & Cromwell is also handling the FTX bankruptcy case.
The Company will monitor Binance's compliance with its plea agreement and take steps to address weaknesses in its anti-money laundering and sanctions compliance systems.
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