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Ethereum (ETH)

75% of New Stakers on Lido Finance Joined via Staking Project in Past Month

Staking on Beacon Chain has been booming due to the much-awaited Ethereum Merge despite delays. A major chunk of new stakers on the consensus layer have done so using Lido Finance. In the latest blog post, the project revealed that 75% of new stakers on the Beacon chain who joined in the last 30 days had utilized the staking protocol. Centralization Concerns With the Ethereum Merge approaching, staking on the Beacon Chain has intensified as expected. According to Lido, the...

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Uniswap Faces Lawsuits for Unregistered Offer and Sale of Digital Tokens

Nessa Risley, an Uniswap user from North Carolina, invested about $10,400 on low-cap digital tokens such as EthereumMax, Matrix Samurai, and Rocket Bunny between May and July of last year. The trader has since experienced “substantial losses” and thus sought justice through legal action. On April 4, Risley launched the legal proceedings, alleging that Uniswap has failed to conduct identity checks and impose securities restrictions on “fraudsters” who use the platform to list...

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Dutton Garage Says “Yes” to Crypto Payments for Vehicles

Dutton Garage – a luxury car dealership in Australia – is partnering with crypto company Coin Spot to allow car buyers to purchase their next vehicles with digital currencies like bitcoin. Dutton Garage Is Open to Letting People Buy Porsches with BTC One of the big things that everyone forgets about crypto is that it was initially designed to serve as a payment method. Bitcoin, Ethereum, and many other altcoins to emerge over the last ten years or so were built as a...

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North Korea Responsible for Ronin Network Hack, FBI Confirms

The theft of $620 million in cryptocurrency, related to the bridge hack against the Ronin Network on March 23th, is the latest cybercrime committed by Pyongyang to fund its domestic programs, claimed the FBI. North Korea Responsible for the Ronin Network Hack The FBI issued a statement on Thursday, indicating that cyber actors APT38, also known as Lazarus Group, associated with the Democratic People’s Republic of Korea (DPRK), are responsible for attacking the Ronin Bridge,...

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Amazon Could Sell NFTs in the Future, Claims CEO

Andy Jassy – CEO of Amazon – recently told CNBC that the company could sell Non Fungible Tokens (NFTs) in the distant future. However, he said that the company won’t begin accepting cryptocurrency payments anytime soon and that he doesn’t personally hold any Bitcoin. Jassy’s interview took place shortly after releasing his first annual shareholder letter on Thursday. The letter itself made no mention of Bitcoin, crypto, or NFTs. However, when asked about them directly, Jassy...

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Nexo Teams up With Mastercard to Introduce Crypto Card

The digital asset platform, which offers crypto-backed loans – Nexo – partnered with Mastercard and DiPocket to launch the first cryptocurrency card in Europe that enables customers to spend without selling their holdings. By collaborating with the payment providers, Nexo granted its users access to over 92 million merchant sites worldwide. Enter Nexo Card According to a document seen by CryptoPotato, the new feature (dubbed Nexo Card) is linked to a Nexo-provided,...

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Acala, Anchor Join Forces to Unite Terra and Polkadot DeFi Ecosystems

Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and Terra. Acana-Anchor Network Collaboration Initially, Acala and its Kusama-based parachain – Karura will...

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Geld verdienen mit Bitcoin #4: Liquid bietet bis zu 13% Zins

Liquid ist eine professionelle Kryptobörse, die für jedermann zugänglich ist: Wer professionell mit Kryptowährungen handeln will, hat es nicht leicht. Viele deutschsprachige Apps richten sich vor allem an Anfänger und Laien. Liquid hingegen bietet eine professionelle Handelsplattform ohne unnötige Werbung und Marketingaktionen, dafür jedoch mit der Möglichkeit sekundenschnell auf einer professionellen Oberfläche Kryptowährungen zu traden. Die Plattform ist allerdings nur über den Browser und...

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Ethereum Developer Virgil Griffith Sentenced to 5+ Years For Speaking About Ethereum in North Korea

On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic Powers Act imposed by the government of the United States on the government of North Korea. Griffith pleaded guilty to one single conspiracy charge for delivering a lecture on...

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