Author: CryptoHoppers
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent blog post titled “Don’t overload Ethereum’s consensus,” Vitalik Buterin has expressed concerns about the dangers of extending Ethereum’s consensus beyond its core functions. Buterin’s May 21 blog post focuses on the need to preserve the minimalism of the blockchain. It highlights the potential high systemic risks of utilizing Ethereum’s network consensus for additional purposes. Since the implementation of the proof-of-stake mechanism with “the Merge” in September 2022, Ethereum’s consensus has been responsible for validating blocks and securing the network. However, Buterin cautions against…
Charoen Pokphand Foods Public Company (CP Foods) of Thailand, the country’s biggest food exporter, is set to integrate blockchain technology into its operations, expanding to shrimps and other products to guarantee freshness and quality. For CP Foods the priority has always been to ensure that all products are guaranteed safe and of high quality for consumers. The company said it is important to adapt to advanced tech by enabling blockchain traceability for accurate monitoring of products and supply chains. The company has already begun its blockchain integration with its pork and fresh chicken products. Tapping The Power Of Blockchain According…
The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued to burn SHIB tokens. Recent data from Shibburn.com reveals that 3.05 billion SHIB got burnt in eight separate burn transactions in the past seven days. The latest statistics represent a 75% increase in the total burn rates compared to the 1.75 billion SHIB burned the previous week. Related Reading: Bitcoin Plunges Below $27,000 As Miners Show Signs Of Selling Shiba Inu Token Burn Continues Blaze token has become the top-ranked SHIB burner in the ecosystem since…
GRAILS Part I Auctions Exceed Estimates at Sotheby’s: A Historic Moment for Digital Art | NFT CULTURE | NFT News | Web3 Culture
The recent GRAILS Part I auctions at Sotheby’s Contemporary Day Sale have made history in the realm of digital art. This curated selection of digital artworks from the esteemed 3AC collection surpassed the initial estimates set by Sotheby’s, solidifying the growing prominence of NFTs in the traditional auction house space. A Historic Legacy: Sotheby’s, founded in 1744, boasts a rich history as one of the world’s oldest and most prestigious auction houses. Throughout the centuries, it has been a beacon of excellence in the art world, facilitating the sale of remarkable artworks, rare collectibles, and historically significant pieces. With a…
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deutsche Digital Assets (DDA), a prominent German company specializing in digital asset management, is shaking up the crypto investment scene by launching its revolutionary multi-asset crypto exchange-traded product (ETP). This offering, known as the DDA Crypto Select 10 ETP, is set to hit the trading floors of Deutsche Börse Xetra in a few weeks, according to an official press release from Deutsche Digital Assets today. For novice investors exploring the crypto scene, the ETP offers a valuable chance to invest in a comprehensive selection of the…
Bitcoin Frogs: Making Waves in the NFT Market with $2.2M in 24-Hour Trading Volume | NFT CULTURE | NFT News | Web3 Culture
Bitcoin Frogs Makes a Splash in the NFT Market, Surpassing $2.2 Million in 24-Hour Trading Volume In the ever-evolving world of non-fungible tokens (NFTs), a newcomer has swiftly emerged and captured the attention of both seasoned collectors and novices alike. Bitcoin Frogs, a recently launched collection of 10,000 unique frog-themed NFTs, made its debut on the Bitcoin Ordinals platform in late February. Since then, it has generated a remarkable trading volume of over $2.2 million within a mere 24 hours, signaling its rapid rise to prominence in the NFT market. “One fine day I woke up and wanted to put…
A look at what ETH whales are up to this week as sell pressure tapers off Can ETH bulls secure enough momentum for a bigger uptick? Ethereum (ETH) would have been a healthy option for short traders this month considering its downside so far. However, its bearish preference caught many long traders off guard. Fortunately for them, the cryptocurrency is seeing renewed interest from whales, thus elevating its bullish prospects. Read Ethereum’s [ETH] Price Prediction 2023/2024 A recent alert from WhaleStats confirmed a major ETH purchase. According to the alert, a single address recently purchased ETH valued at over $2…
Iconic Day in Crypto Journey
Bitcoin Pizza Day has now grown to become a symbolic day for the entire cryptocurrency space and is celebrated with several events every year. Bitcoin Pizza Day has been one of the most celebrated days in the crypto community all around the globe. The highly acclaimed event in the crypto space signifies the inaugural documentation of the use of Bitcoin as a legally accepted form of payment for goods and services. Bitcoin Pizza Day was born on May 22, 2010, and commemorates the first documented real-world transaction using Bitcoin as a form of payment. Bitcoin, after making its debut on…
Electrifying! With Stablesats, Galoy Brings The Dollar To The Lightning Network
If this works as promised, Stablesats could change the game. It could change the world, even. The new Galoy product solves a problem and an urge that the bitcoin community has had for ages. Synthetic dollars that don’t need a token or rely on a third party to work. In fact, if Stablesats works as promised it will solve the most difficult of the tasks that Strike and The Human Rights Foundation offered a bounty of one BTC for. We thought this day would never come, but here.we.go. In a press release shared with Bitcoinists, Galoy says: “Today the company…