Stader, a multi-chain, non-custodial liquid staking protocol with ~100mn $+ in TVL, will soon launch its liquid staking token, ETHx. Stader released its Litepaper for ETHx highlighting how ETHx will boost home stakers, with the lowest bonding requirement in the ecosystem of just 4 ETH and also deliver best-in-class staking yield and DeFi for users. The Ethereum staking ecosystem is mature with multiple protocols and entities providing services, however, an evaluation of the current state of… Source link

Publicly-listed Bitcoin (BTC) mining company Argo Blockchain saw a significant drop in mining activity in December due to a winter storm in Texas. On Jan. 11, Argo released its first operational update since selling its flagship mining facility Helios to Mike Novogratz’s Galaxy Digital. The company said it mined 147 Bitcoin or BTC equivalents in December, compared to 198 BTC in November 2022. As of Dec. 31, Argo held 141 BTC, with its December mining revenue amounting to $2.49 million, the… Source link

Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin fails to win over skeptical traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp. Almost tying with the peak from Dec. 16, the pair displayed rare upside momentum against a backdrop of some of the lowest volatility ever seen over the holiday… Source link

Bitcoin and Ethereum prices rose in Wednesday afternoon trading in Asia along with all other top 10 non-stablecoin cryptocurrencies, with XRP leading gains. See related article: Bitcoin named dirtiest crypto of 2022, tops major tokens in carbon emissions: Forex Suggest Fast facts Bitcoin, the largest cryptocurrency by market capitalization, gained 1.44% to US$17,455 at 4 p.m. on Wednesday afternoon in Hong Kong. Ethereum inched up 0.92% to US$1,335 and has gained 6.74% in the last seven days of… Source link

While the United States holds the biggest share of Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the most reachable Bitcoin nodes — a crucial pillar of the Bitcoin network — is Frankfurt, Germany. Bitcoin nodes are a distributed network of computers that run the Bitcoin software and accept a set of proof-of-work (PoW) consensus rules to validate and broadcast transactions on the blockchain. Of the 43,706 nodes hosted across 134 countries, the U.S. hosts 9,999… Source link

While the United States holds the biggest share in Bitcoin (BTC) hash rate contribution and ATM network, the city hosting the most number of reachable Bitcoin nodes — the biggest pillar of the Bitcoin system — is Frankfurt, Germany. A Bitcoin node represents a computer system that works with other decentralized computers to help validate and relay Bitcoin blocks and transactions. Out of the total 43706 nodes hosted across 134 countries, the U.S. hosts 9999 or 30.53%, while Germany ranks… Source link

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OP Is Up 32% In the Past Week Layer 2 adoption is booming, with Optimism setting new records for activity and the combined transaction volume of optimistic rollups closing in on Ethereum’s mainnet. On Jan. 7, Optimism’s daily transaction count hit a new all-time high of almost 700,000, according to Etherscan. The milestone marks a 700% increase in activity since September 2022. “As blockchain technology is gaining more mainstream recognition, L2s will outshine Ethereum Mainnet,… Source link

Ethereum Layer-2 (L2) on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than the Ethereum network. Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, aside from a few spikes, transactions on the Ethereum network have declined by around 33% since late October according to Etherscan. This has enabled the two L2s combined to flip Ethereum for this metric,… Source link

Bitcoin was the world’s most pollutive cryptocurrency of 2022 after producing almost a ton of carbon dioxide (CO2) in emissions per transaction, according to a report from Forexsuggest.com, a foreign exchange and education platform based in Luxembourg. See related article: Can Ethereum’s proof-of-stake transition save the planet? Fast facts The Bitcoin network saw a substantial increase in CO2 emissions last year after pollution was reduced in 2021, the report said. The entire Bitcoin… Source link