⚒ Antpool: As ETH2.0 (The Merge) comes along with the risk of censorship among different countries, Antpool, for the sake of clients’ asset security, will not be able to maintain the user's ETH assets on the PoS chain.
@DeCenterOrg
@DeCenterOrg
💸 MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO).
In his blog post, «The Path of Compliance and the Path of Decentralization: Why Maker has no choice but to prepare to free float Dai», Christensen disclosed miscalculating the risks related to risk-weighted assets (RWA).
@DeCenterOrg
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO).
In his blog post, «The Path of Compliance and the Path of Decentralization: Why Maker has no choice but to prepare to free float Dai», Christensen disclosed miscalculating the risks related to risk-weighted assets (RWA).
@DeCenterOrg
🐳 A bitcoin address that had been dormant for nearly 9 years transferred the entire balance of 5 001 BTC to a new wallet on August 28, with a floating profit of more than $96 million.
@DeCenterOrg
@DeCenterOrg
🇦🇷 Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies.
The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process the transactions.
@DeCenterOrg
The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process the transactions.
@DeCenterOrg
👀 Number of Out of Supply Bitcoins Reaches 4.7M
While the total supply of Bitcoin is limited to 21M, the actual circulating supply will never reach this mark since some BTC are out of supply.
@DeCenterOrg
While the total supply of Bitcoin is limited to 21M, the actual circulating supply will never reach this mark since some BTC are out of supply.
@DeCenterOrg
💸 AG Karl A. Racine: Today, we’re suing Michael Saylor — a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes — for tax fraud.
@DeCenterOrg
@DeCenterOrg
🇳🇬 Nigerian authorities and Binance Holdings Ltd. are in talks to establish a digital economic zone that will help entrepreneurs fast track blockchain technology in the West African nation, “similar to the Dubai virtual free zone”.
@DeCenterOrg
@DeCenterOrg
🐳 The Bitcoin whale address transferred out 5000.01 BTC at 04:50:38 (UTC+8) on September 5th to the Kraken, which is worth about $100m now.
The wallet was created and bitcoins were transferred to this address in 2013.
@DeCenterOrg
The wallet was created and bitcoins were transferred to this address in 2013.
@DeCenterOrg
⛓ ERC-3525 proposed by Solv Protocol was approved today.
This token standard is designed to represent semi-fungible assets, which are most suited for financial instruments, such as bonds, insurance policy, or vesting plans.
@DeCenterOrg
This token standard is designed to represent semi-fungible assets, which are most suited for financial instruments, such as bonds, insurance policy, or vesting plans.
@DeCenterOrg
🧬 Ethereum activates Bellatrix upgrade as last step before The Merge
The Bellatrix upgrade was activated at epoch 144896 on the Beacon Chain at 11:34 AM UTC today. Before the Bellatrix upgrade could go through, Ethereum nodes had to update their client software versions.
While Bellatrix is not The Merge itself, it’s a necessary step to prepare Beacon Chain for the consensus switch switch. The Bellatrix upgrade was the hard fork upgrade that introduced what's called "execution payload," a parameter that’s so far been missing on the Beacon Chain. This parameter is needed for validators to start creating mainnet blocks.
The final step is called Paris, which will trigger The Merge. Beacon Chain (consensus layer) validators will take over from proof-of-work miners to start finalizing Ethereum’s mainnet blocks.
@DeCenterOrg
The Bellatrix upgrade was activated at epoch 144896 on the Beacon Chain at 11:34 AM UTC today. Before the Bellatrix upgrade could go through, Ethereum nodes had to update their client software versions.
While Bellatrix is not The Merge itself, it’s a necessary step to prepare Beacon Chain for the consensus switch switch. The Bellatrix upgrade was the hard fork upgrade that introduced what's called "execution payload," a parameter that’s so far been missing on the Beacon Chain. This parameter is needed for validators to start creating mainnet blocks.
The final step is called Paris, which will trigger The Merge. Beacon Chain (consensus layer) validators will take over from proof-of-work miners to start finalizing Ethereum’s mainnet blocks.
@DeCenterOrg
👀 Binance is launching the Binance Account Bound token, a soul-bound token used as proof of identity for Binance users who have completed KYC.
A couple of projects on BNB Chain will be introducing the BAB tokens as identity credentials to their communities.
@DeCenterOrg
A couple of projects on BNB Chain will be introducing the BAB tokens as identity credentials to their communities.
@DeCenterOrg
📈 Tokenization of illiquid assets to reach $16T by 2030
According to the report, illiquid assets include pre-IPO stocks, real estate, private debt, revenues from small and medium businesses, physical art, exotic beverages, private funds, wholesale bonds, and many more.
Reasons for this asset illiquidity are attributed to factors such as limited affordability for mass investors, lack of wealth manager expertise, limited access — such as when assets are restricted to elite cliques (in the case of fine art and vintage cars), regulatory hurdles, and other scenarios in which users have difficulty acquiring or trading an asset.
@DeCenterOrg
According to the report, illiquid assets include pre-IPO stocks, real estate, private debt, revenues from small and medium businesses, physical art, exotic beverages, private funds, wholesale bonds, and many more.
Reasons for this asset illiquidity are attributed to factors such as limited affordability for mass investors, lack of wealth manager expertise, limited access — such as when assets are restricted to elite cliques (in the case of fine art and vintage cars), regulatory hurdles, and other scenarios in which users have difficulty acquiring or trading an asset.
@DeCenterOrg
💸 If the ETHW chain persists, Binance will handle all technical requirements involved for all users holding ETH and WETH in their Binance accounts, and credit the forked token (ETHW) to eligible users’ Binance accounts at a ratio of 1:1.
@DeCenterOrg
@DeCenterOrg
🇰🇷 A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem, whose $40 billion wipeout earlier this year sparked a global crypto rout.
@DeCenterOrg
@DeCenterOrg
🐳 Huge inflow to exchanges coming from:
— 450 000 ETH to Binance
— 288 442 ETH to Bitfinex.
That’s $1.2B in two transactions
@DeCenterOrg
— 450 000 ETH to Binance
— 288 442 ETH to Bitfinex.
That’s $1.2B in two transactions
@DeCenterOrg
🤡 Binance accounting bug leads to $20m misallocation of HNT tokens
Helium foundation has alerted Binance about a bug that resulted in users erroneously receiving about $20 million worth of HNT.
An accounting error discovered by Binance at some point last night resulted in the misallocation of funds. The error, where Helium’s MOBILE token was mistaken for HNT, allowed users to send MOBILE balances to HNT wallets and then sell that into the market.
@DeCenterOrg
Helium foundation has alerted Binance about a bug that resulted in users erroneously receiving about $20 million worth of HNT.
An accounting error discovered by Binance at some point last night resulted in the misallocation of funds. The error, where Helium’s MOBILE token was mistaken for HNT, allowed users to send MOBILE balances to HNT wallets and then sell that into the market.
@DeCenterOrg
🕵️♂️ CEO Wintermute: We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected.
@DeCenterOrg
@DeCenterOrg
🏛 Nasdaq is preparing to launch an institutional crypto custody service
Equity exchange operator Nasdaq has been plotting a move into institutional crypto custody service, according to several people briefed by the company.
The firm, which operates markets in U.S. and global equities, is no stranger to the cryptocurrency market, having served as a provider of market surveillance technology to cryptocurrency exchange venues since at least 2018. In February 2021, the exchange announced the debut of the Hashdex Nasdaq Crypto Index ETF, which is based on its own index.
Historically, the firm has opted to provide technology to crypto market participants versus operating a market itself to compete with the likes of Coinbase and FTX.
@DeCenterOrg
Equity exchange operator Nasdaq has been plotting a move into institutional crypto custody service, according to several people briefed by the company.
The firm, which operates markets in U.S. and global equities, is no stranger to the cryptocurrency market, having served as a provider of market surveillance technology to cryptocurrency exchange venues since at least 2018. In February 2021, the exchange announced the debut of the Hashdex Nasdaq Crypto Index ETF, which is based on its own index.
Historically, the firm has opted to provide technology to crypto market participants versus operating a market itself to compete with the likes of Coinbase and FTX.
@DeCenterOrg