Ethereum supply surpasses 120M ETH as staking, restaking surge
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
Related Posts


Chinese Blockchain-Related Company Xunlei Reports $45.3 Million Q3 Revenue
Chinese desktop software and blockchain-related company Xunlei has published its Q3 report Wednesday, Nov. 14. According to the report, the firm’s revenue increased in 2018 after the introduction of blockchain services.The report notes that the company’s Q3 revenue reached $45.3 million, representing an increase of 1.1% year-over-year. The firm attributed $19.8 million of that revenue…

Aragon Expects Ethereum’s Istanbul Hard Fork to Break 680 Smart Contracts
The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that the impetus behind the update is…

Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage
Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer's dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage.FDIC insures deposits up to $250,000In a blog post on Oct. 18, Binance.US announced that the exchange holds its U.S. dollar deposits in pooled custodial accounts at different…

New Ransomware Uses a Banking Trojan To Attack Governments and Companies
A new type of ransomware attack emerged in recent months, raising red flags among the cybersecurity community and authorities such as the FBI in the United States. Cybersecurity firm Group-IB has warned that it comes in the form of a Trojan, according to a report published on May 17.According to Group-IB’s study, the ransomware is…

Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation
Estonian consulting firm Eesti has claimed that it is getting harder to get a cryptocurrency license in Estonia in a press release published on May 16.The Estonian government’s Ministry of Finance introduced changes to the licensing process on May 3. The new regulations adds a numbered formal obligation, extends the processing time from 30 to…

Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?
On Aug. 1 a significant event occurred within the financial world: Fitch, a reputable credit rating agency, demoted the credit rating of the U.S. government from the pristine AAA to AA+. This downgrade signaled diminished confidence in the U.S. government's ability to handle its fiscal responsibilities effectively.The downgrade nudged investors into a cautious stance, leading…

Gala Games (GALA) rallies 265% shortly after Binance listing announcement
An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high. 73 Total views 1 Total shares Nonfungible tokens (NFT) and play-to-earn gaming are two of the hottest trends in the crypto sector because each presents new avenues for attracting users and the unique character of each…