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“# NEAR Protocol raises $150M to promote Web3 adoption ” Proof-of-stake blockchain NEAR Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech. NEAR Protocol aims to use the…
“# REN price at risk of 50% drop after a bearish trading pattern shows up ” The prospects of Ren (REN) continuing its ongoing rebound to fresh highs appear slim as a classic bearish reversal pattern begins to emerge. Dubbed head and shoulders, the setup appears when the price forms three peaks, with the middle…
“# Eth2’s Rocket Pool reaches $350M TVL and 635 node operators in five weeks ” Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators….
“# Dogecoin Foundation works with Ethereum co-founder on DOGE staking ” The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin. The Foundation on Thursday released its Dogecoin Trailmap or a “dog-walk” that the Dogecoin Foundation is committed to exploring and…
“# Crypto exchange Kraken acquires non-custodial staking platform Staked ” Major cryptocurrency exchange Kraken has announced that it purchased blockchain infrastructure company and investment manager Staked for an undisclosed amount. In a Tuesday announcement, Kraken — the crypto exchange aiming for a $10 billion valuation — said it had added Staked to its portfolio of…
“# Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus ” Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key…
“# Rarible integrates with Tezos blockchain and launches own NFT collection ” NFT marketplace Rarible officially launched its integration with proof-of-stake blockchain Tezos pm Thursday. This collaboration will allow Rarible to feature Tezos NFTs on its marketplace and support secondary sales of live Tezos projects while enabling users to mint low-fee NFTs. Rarible’s integration with…
“# Inside the blockchain developer’s mind: Proof-of-stake blockchain consensus ” Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key…
“# Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake ” Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as “a net positive for their longevity.” He argues it could provide…
“# Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report ” In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use…