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The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization. At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market — seen as a move to ensure the Ethereum network remains decentralized. Among the Ethereum staking providers either already committed or are working to commit to the self-limit rule include Rocket Pool, StakeWise, Stader Labs and Diva Staking, according to Ethereum core developer Superphiz. Puffer Finance, another liquid staking service , also announced its commitment to the self- limit .  These providers are committed (or are in the process of committing) to self-limit to <22% of Ethereum validators. This is how our chain will be successful: Coordination above greed. Cooperation instead of winner-take-all.@Rocket_Pool @stakewise_io @staderlabs @divastaking ...

Lufthansa has launched its NFT-based based loyalty program, UpTrip, on Polygon. Passengers can tokenize flight experiences and collect trading cards. The company said it has registered over 20,000 users and issued more than 200,000 trading cards. Global airline company Lufthansa Group has launched its NFT-based loyalty platform on Polygon to reward passengers for their trips and allow them to tokenize their experiences. Per the announcement, passengers can tokenize their experiences, collect trading cards, and unlock exclusive perks on the platform. The Web3-powered platform, called Uptrip, has partnered with Lufthansa Innovation Hub, the digital innovation arm of Lufthansa, and Miles and More, the airline’s frequent flyer program. Through UpTrip, users get a renewed flight experience with unique rewards and perks. That includes business lounge vouchers, free miles, and exclusive benefits unlocks. Notably, the company stated that travelers can scan their ...

Ben Armstrong, aka BitBoy, counters drug misuse allegations that led to his removal from BJ Investment Holdings, sharing drug test results and alleging a takeover plot. Ben Armstrong, better known as BitBoy, has fired back against allegations that led to his ousting from BJ Investment Holdings, the parent company of BitBoy. Armstrong was initially accused of drug misuse, charges he labels as “libelous” and “100% false.” Armstrong took to social media to clear his name, sharing negative results of a five-panel drug test. He claims these results affirm his innocence. I’ll take “Things That Never Happened” for $500, Nicholas. pic.twitter.com/Det0J9H0Y8 — $BEN (@joinBENCoin) August 29, 2023 Initially saying he would withhold further comments, Armstrong later broke his silence to deny any drug use firmly. He alleges that the real reason behind his dismissal is a plot by Justin Williams and TJ Shedd, CEO of Hit Network, to take control of the company ....

Join Our Telegram channel to stay up to date on breaking news coverage Web3 play-to-earn (P2E) meme coin gaming platform Tamadoge is launching a major marketing push that will include the promotion of new staking and burn Features as the team targets more top exchange listings. Staking begins tomorrow, Thursday, August 31. It is a flexible system, meaning staked tokens can be withdrawn at any time, while the annual percentage yield (APY) is variable, depending on the amount of staked tokens.  A staking pool of two million $TAMA tokens has been set aside to distribute rewards. The pool is split across four months, so that’s 500,000 $TAMA per month (approximately 216,000 block confirmations), equalling 2.3 $TAMA per block confirmation. In more market-moving news, the first of a series of three special token burn events will begin next week. Tamadoge’s $TAMA token is currently listed at 12 crypto trading venues, including top-tier centralized exchanges (CEXs) OKX and Bybit . D...

Details of the Breach Contrary to initial reports, the leaked information includes email and mailing addresses, account numbers, unique bankruptcy identifiers, and account balances. Moreover, customers’ phone numbers and specific claim details were also reportedly exposed.  advertisement Kroll Data Leak Urgent Kroll email (25 Aug) saying that name, address, email address, and the balance in FTX account was leaked On Kroll's Q&A they state the information leaked is the above + FTX account no., Unique ID and Phone numbers Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Fi...

HashKey becomes the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region. Hong Kong retail crypto currency traders now have access to a locally based crypto currency exchange after HashKey took its retail trading services live to users in China’s special administrative region on Aug. 28. The company was previously permitted to serve professional and institutional investors, before being granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on Aug. 3. This paved the way to becoming the first licensed retail exchange in Hong Kong.  Figures from Hong Kong's treasury, banking, accounting and Web3 ecosystem marked the launch of retail trading at the Maritime Museum Central.  As Cointelegraph previously reported, the exchange now offers Bitcoin (BTC) and Ethereum (ETH) trading pairs with the Hong Kong Dollar (BTC/USD and ETH/USD) and plans to l...

The U.S. Department of Justice has filed motions to disqualify all seven expert witnesses put forward by former FTX CEO Sam Bankman-Fried for his forthcoming October trial, citing various inadequacies in their qualifications and methodologies. The U.S. Department of Justice (DOJ) submitted filings on Aug. 29 to preclude all seven expert witnesses put forward by Sam Bankman-Fried, the founder and former CEO of FTX, in his forthcoming trial scheduled for October. In the legal documents, the DOJ argues that the defense’s roster of expert s is rife with inadequacies that should disqualify them from testifying. The prosecution contends that the proposed expert s are not in compliance with the requisite standards for criminal proceedings. Specifically, they maintain that the expert opinions are unreliable and could introduce bias or confusion into the deliberations of the jury. “The court should exercise its gatekeeping function to prevent the admissibility of such flawed expert...

Grayscale secured a pivotal victory against the SEC, paving the way for the U.S.’s first Bitcoin spot ETF and igniting a surge in Bitcoin and other cryptocurrency prices. In a milestone development, Grayscale Investments LLC secured judicial backing for the initiation of a Bitcoin spot exchange-traded fund (ETF) in the United States. A panel of three federal judges in Washington effectively annulled the U.S. Securities and Exchange Commission’s prior decision to prevent the ETF from going forward. This decision has acted as a catalyst, triggering Bitcoin’s price to ascend significantly in its immediate aftermath. JUST IN The D.C. Circuit ruled in favor of @Grayscale in our lawsuit challenging the SEC's decision to deny $GBTC's conversion to an ETF! Thank you to everyone who has been on this journey with us, especially our investors. We are grateful for your support and… — Sonnenshein (@Sonnenshein) August 29, 2023 The U.S. Court of Appeals for the ...

In the ever-evolving crypto world, investors are constantly looking for the next best crypto to invest in. In recent days, XRP, the native token of the XRP Ledger (XRPL), has been wavy, edging lower. As such, some supporters have been exploring alternatives of which Borroe Finance (ROE) has been center stage. XRP’s Momentum Concerns XRP, often touted as one of the top crypto coins, is being actively monitored. However, in recent times, its momentum has been fizzling. While it’s important to remember that crypto markets are inherently volatile, some XRP investors are also looking to diversify their portfolios further. You might also like: Reasons why investors are watching Borroe in August 2023 As the crypto landscape expands and evolves, it’s natural for investors to seek out trending non-fungible tokens (NFTs) and top crypto coins that align with their investment goals. This quest for diversity has led some XRP supporters to explore Borroe Finance and i...

DeFi app FriendTech’s hype wanes, with rapid decline in numbers. Peak daily fees hit $1.7 million, but dropped 98% to $38,000. Concerns raised over trading fees, load times, and token valuation. In a sudden twist, the hype that once surrounded the DeFi social app FriendTech is now showing signs of waning. Within a remarkably short timeframe since its launch, its numbers have witnessed a significant decline, prompting experts to delve into the underlying causes of this downturn. Upon its debut on August 10, FriendTech quickly gained traction, generating impressive fees that at one point positioned it as the second-highest earning platform after Ethereum itself. As per the latest data from a Dune Analytics dashboard by tk-research, the cumulative fees amassed by the app have now surpassed the $8 million mark. Specifically, daily fees from token transactions soared to nearly $1.7 million at its pinnacle, placing FriendTech at the forefront of DeFi. However, t...

1. According to Hashrate Index data, as of August 4 the price of a miner with an energy efficiency ratio below 38J/TH is $35/TH and $21/TH for 38-68J/TH. bitmainland has started to adjust the price of its S19 XP orders, the first of which were delivered in July and August. marathon will save $100 million in machine costs. 2. Ether miners are the unsung heroes of the Ether ecosystem and have been quietly protecting the Ether chain for the past 7+ years, says F2pool, the second largest Ether mining pool. Whether we support an Ether fork or not is no longer important and will be left to the miner community to decide. However, we acknowledge that the era of ETH PoW is over and will be history. Let's remember and say goodbye to the glory days and move on to a new era of PoS. 3. Microblogs, posting accounts and WeChat public websites that induced netizens to invest in digital assets under the banner of "financial innovation" and "blockchain" were shut down in accordan...

Top10 News 1. MicroStrategy has acquired an additional 1,045 BTC link On April 5, MicroStrategy announced that it had once again purchased 1,045 BTC at an average price of $28,016, totaling $29.3 million. As of April 4, MicroStrategy held 140,000 BTC with an average purchase price of $29,803, which is equivalent to $4.17 billion. 2. Cash App founder Bob Lee dies after San Francisco stabbing link According to Sfgate, Bob Lee, the found er of Cash App, was stabbed to death in San Francisco in the early hours of April 4. Lee’s death was confirmed on Nostr by Jack Dorsey, found er of Block. Surveillance footage reviewed by The Standard shows Lee walking up Main Street away from the Bay Bridge at around 2:30 a.m. Lee crosses the intersection at Harrison Street and walks up to a parked white Camry with its hazard lights flashing. Lee then lifts his shirt and falls to the ground after the car drives away. He gets up and walks back toward the Bay Bridge before falling to the ground again. Lee ...