LIVEDanielEth
@Daniel_eth2
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MetaMask developer ConsenSys has introduced Layer 2 blockchain Linea to the Ethereum mainnet. Linea aims to increase Ethereumâs transaction speed and scalability while reducing transaction fees. This is the latest step ConsenSys has taken to address Ethereumâs scaling issues and is part of its push to advance the Ethereum ecosystem. The launch of Linea will further promote the widespread application of Ethereum.
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Stader Labs has launched a product called Ether Staking with an annualized return of 6%. This product is designed to make it easier for users to participate in Ethereum staking while providing stable returns. This new product from Stader Labs will enable more users to participate in Ethereumâs network security and governance, while also providing them with a new revenue stream
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BNB Chain plans to address blockchain exploitation risks in a major hard fork in July. This update will introduce new security measures to prevent malicious attackers from exploiting blockchain vulnerabilities. In addition, the new protocol will also improve the performance and stability of the network. This hard fork is BNB chainâs response to a series of recent blockchain security issues, showing its determination to improve blockchain security #BNBChian #BNB
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StarkNetâs Quantum Leap upgrade is now live for faster transactions. This is a Layer 2 blockchain technology that can significantly improve Ethereumâs transaction speed and scalability. By using zero-knowledge proofs (ZKPs) and STARK proofs, StarkNet is able to handle large numbers of parallel transactions, greatly increasing transaction speed. This upgrade is regarded as a major breakthrough in blockchain technology and will help promote the widespread application of Ethereum #starknet
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Polygon proposes changing billing from MATIC to POL to increase practicality
A group of Polygon founders and researchers proposed a token upgrade that would replace the networkâs MATIC token with POL, enabling POL to serve as a single token for all Polygon-based networks. These networks include the main Polygon blockchain, the Polygon zkEVM network, and various supernetworks (application-specific blockchains) running on top of the main Polygon network. The proposal boosted MATIC, which increased by up to 2.6% to $0.747 in the first three minutes following the announcement. If the proposal is accepted, network validators will be able to support the operation of multiple chains using a single token. The upgrade from MATIC to POL requires a simple technical operation, that is, sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL. If the community supports this move, token holders will have enough time to upgrade, expected to be four years or more. The community of each Polygon chain will ultimately decide which token their chain will use for gas fees; some of them may choose POL. Holders will use POL to vote on governance proposals for decentralized applications built on Polygon, and all rewards will be distributed in POL.
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đ #TornadoCashâs DAO was taken over by attackers due to voting fraud, causing its token price to drop 40%. Attackers can manipulate certain aspects of Tornado Cash by giving themselves fake voting rights through malicious proposals that hide code functionality. This attack did not affect the Tornado Cash protocol itself, and usersâ funds and cryptographic addresses remain safe. The community is looking to undo the changes in the code. Investors are asked to remain vigilant and pay attention to safety. #TORN
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đ#AaveV2users are temporarily unable to access 120m worth of funds on#Polygondue to an incorrect strategy released last week. But donât worry, all funds remain safe. đĄïž A governance proposal is currently underway to update the problematic policy. đłïž This incident reminds us that although the #DeFi platform provides many advantages, we must always pay attention to its security and stability. #AAVE #Polygon
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[Aave] Aave DAO passes the proposal and will be deployed on the Ethereum Layer 2 Metis network! In the community vote, 100% of voters supported the move. The deployment of Aave on Metis is expected to increase market liquidity in both ecosystems, allowing Metis users to benefit from Aaveâs lending capabilities. Metis gained attention during the previous bull run due to its low-fee, fast-trading nature, but has now lagged behind Optimism and Arbitrum. Metis will provide liquidity incentives for Aave V3 deployment, distributing 100,000 METIS tokens as liquidity mining incentives within six months. #ETH #AAVE đđžđ
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[Binance] Binance NFT Market will support Bitcoin NFTs at the end of May! The platform currently supports NFTs on Ethereum, Polygon and BNB chains. Added support for Bitcoin NFTs, allowing collectors to purchase NFTs on the Bitcoin network without creating an additional wallet. Binance will also allow users to purchase Bitcoin-based NFTs directly through their Binance accounts, simplifying the operation process. Mayur Kamat, Binanceâs head of product, said that Bitcoin provides NFT collectors with a wider range of options and also brings new market opportunities to the exchange. #NFT #BTC đđđ°
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[ETH]đ Ethereum (ETH) staking has soared to new peaks, with more than 200,000 $ETH deposited this week, bringing the total pledged volume to 19 million, accounting for approximately 15% of the circulating supply! đ The âShapellaâ upgrade earlier this year added flexibility, while meme coins like $PEPE crowded the Ethereum network and drove up transaction fees. đ Lido Finance holds 6 million staked Ethereum, providing liquidity to #DeFi. đ° Join the#stakingrevolution! #ethereum
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[ETH] Last weekend, the popular meme currency PEPE triggered a trading frenzy on the Ethereum network, significantly increasing the revenue of validators. According to mevboost.pics, MEV-Boost payment revenue has surged, with total revenue almost approaching the trading frenzy levels seen during the FTX crash. During the PEPE craze, transaction fees skyrocketed and validators made a killing off these fees. Currently, 85% of Ethereum validators are connected to MEV-Boost.#ETH#validator#PEPEcraze đđ°
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[Blockchain News] Alibaba Cloud Services has cooperated with Avalanche Blockchain to launch a business launch platform called Cloudverse to help enterprises deploy the Metaverse on the Avalanche chain. Avalanche provides metaverse space construction technology, and Alibaba Cloud provides computing and storage. This is Alibabaâs second blockchain network collaboration within a month. Avalanche token AVAX was not significantly affected by the news, with an increase of less than 1%.#Alibaba#Avalanche #ć
Universe đđ
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[Crypto Market News] Bittrex crypto exchange filed for bankruptcy after announcing the end of its U.S. operations, and was subsequently sued by the SEC. Bittrex estimates it has more than 100,000 creditors, with assets and liabilities ranging from $500 million to $1 billion. The bankruptcy will not affect its global business. Bittrex is the latest crypto company to file for bankruptcy, following FTX, Celsius, Voyager and BlockFi.#Bittrex#Bankruptcy#SECđđ
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[Crypto Market Alert] Bitcoin transaction fees have surged in the past 24 hours, with the average fee per transaction reaching $19.20. The fee increase is related to a backlog of 440,000 unconfirmed transactions. Bitcoin transaction fees exceeded block rewards for the first time since 2017. Currently, miners need to mine 193 blocks to complete all pending transactions.#BTC#Transaction Fees Surge â ïžđž