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Bitget exchange expands integration with web3 wallet services

Bitget Exchange announces the integration of a web3 wallet, indicating a potential trend as exchanges adapt to decentralized services. Bitget Exchange has publicized its integ ratio n of web3 wallet services , with plans to further incorporate decentralized exchange s, Swap services , NFTs and DApps. This move is part of a burgeoning trend among exchange s, with Binance also rumored to be integrating web3 wallet s into its app. Introducing #Bitget new #Web3 feature – your gateway to the best of #CeFi and #DeFi! Securely manage your #crypto with Bitget Web3 Wallet and enjoy DeFi services, all in one app. Swap, NFTs, DApps, and more – it's all at your fingertips! Read more — Bitget (@bitgetglobal) November 7, 2023 The genesis of such integ ratio ns can be traced back to BitKeep, which since 2018 have endeavored to lower the entry barriers into the blockchain space. The defi boom in 2021 and the subsequent rise of NFTs catalyzed the growth of platforms like BitKee...

Ethereum staking services agree to 22% limit of all validators

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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 ...

Sygnum Singapore gets approval to offer crypto services

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Sygnum Singapore has successfully secured in-principle approval of its Major Payment Institution License (MPIL) application from the Monetary Authority of Singapore (MAS). The license enables the bank to offer its clients regulated crypto brokerage service s. Sygnum Singapore, the Southeast Asian arm of Switzerland’s crypto-friendly Sygnum bank, is set to expand its digital assets services in the region, having successfully secured an in-principle approval of its Major Payment Institution License (MPIL) from the country’s financial watchdog. According to a press release, Sygnum’s MPIL will officially enable the bank to launch its regulated digital assets brokerage service in Singapore. The platform will support fiat on/off ramps for a vast array of crypto currencies while also offer ing users fast trade execution, deep liquidity, and more. Sygnum clients will each have a dedicated Relationship Manager that will always be available to cater to their needs. You might a...