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Grayscale Investments, one of the largest cryptocurrency investment firms in the world, has made some controversial statements about XRP. On August 21st, Stefan Huber’s Twitter account shared a document that Grayscale submitted to the U.S. Securities and Exchange Commission (SEC) explaining the differences between Stellar Lumens (XLM) and
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The world’s leading cryptocurrency exchange, Binance, has announced it will waive trading fees for Ethereum (ETH) in preparation for The Merge upgrade. Binance Waives ETH/BUSD Trading Fees in Anticipation of The Merge On the evening of August 23rd, Binance announced it will offer zero trading fees for the
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Cardano's Vasil hard fork testnet has hit a major snag, threatening the success of this year’s most anticipated upgrade for the network. Cardano's Vasil Hard Fork Testnet Hits “Critical” Bug Just Two Weeks Post-Launch On August 18, Cardano developer Adam Dean shared troubling updates on
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The asset management platform Gnosis Safe has confirmed it will be conducting an airdrop for over 21,000 users ahead of its DAO formation. Gnosis Confirms Token Airdrop for 21,000 Users In the early hours of today, Gnosis Safe confirmed it will distribute an airdrop to users following the
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As part of the acquisition, the FreedomFi team will join Nova Labs to lead network expansion efforts. Helium Developer Acquires FreedomFi, Accelerates Mobile Services Expansion Yesterday, Nova Labs, the company behind the Helium blockchain, announced the acquisition of FreedomFi, a software company focused on 5G networks. This move marks a
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Ronin, an Ethereum-linked sidechain, has added three new validator nodes to bolster security following the $600 million hack in March. Sky Mavis Expands Ronin Nodes to Enhance Security In a recent announcement, Sky Mavis—the team behind Axie Infinity and the Ronin bridge—revealed that the number of nodes has
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Yuga Labs, the powerhouse behind prominent NFT collections like Bored Ape Yacht Club (BAYC), has made an official statement regarding The Merge and the Ethereum Proof-of-Work (PoW) fork scenario. Yuga Labs' Stance on The Merge and Ethereum PoW As The Merge approaches, various stakeholders have expressed their views on
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This afternoon, HUSD, the stablecoin issued by Stable Universal, unexpectedly deviated from its $1 peg. What happened? HUSD Unexpectedly Depegs: Huobi's Explanation Update August 19: After over 12 hours of the depeg incident, HUSD has provided an official explanation this morning. They had to freeze several customer accounts
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The competition among Layer-2 solutions is heating up with numerous projects receiving significant investment in technology, teams, and backing from major funds like Optimism and Starknet. Recently, zkSync, a Layer-2 solution currently in testnet, officially unveiled its Dynamic Fees feature—a key milestone in its development. zkSync Launches Dynamic Fees,
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In the past week, Tornado Cash has become a hot topic in the Ethereum community. However, the recent crackdown by U.S. authorities has unintentionally sparked concerns about deeper control at the infrastructure level of Ethereum. The Tornado Cash Domino Effect and the Validator Debate on Ethereum The Tornado Cash
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Following the announcement of its Layer-2 development roadmap in mid-July, Lido has recently provided an updated and detailed plan for this initiative. Lido Updates Development Plans for Layer-2 Platforms In July 2022, Lido Finance first unveiled its intention to deploy products on Layer-2 solutions, allowing users to stake stETH with
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Monero (XMR) has successfully completed its major upgrade, Hard Fork V15, thanks to the collaborative efforts of 71 developers on the Monero protocol. Monero (XMR) Successfully Executes Hard Fork V15 As reported by Coin68, Monero underwent a hard fork on August 14 at block 2,688,888, aimed at enhancing
