Featured on homepage

The process of staking cryptocurrency entails devoting your crypto assets to supporting and confirming a blockchain network. This method of earning passive income in the crypto world has appealed to many investors. We can observe a quick shift from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) world. In this scenario, new projects are building a fortune on staking services. Today, our review will look at 01node, a project staking fans know very well. About 01node In addition to being a…

Complex networks across various clouds and data centers are manageable without the need for expensive and time-consuming overhead with Blockdaemon. The next step in blockchain innovation is Proof-of-Stake (PoS). PoS provides the same security assurances as Bitcoin and other Proof-of-Work (PoW) networks at a fraction of the energy cost. Blockdaemon is a popular choice for anyone wishing to merge the benefits of modern staking with scalability possibilities. Our guide will provide more details on this system, highlighting the critical features…

Solana Mobile, a subsidiary of Solana Labs, announced the launch of its Android smartphone, Saga on Thursday. The flagship phone, which debuted at a New York event, has unique functionalities based on the Solana blockchain. It allows users to carry out transactions in web3, including managing their tokens and NFTs.  Saga sets a new standard for the web3 experience on mobile,” Anatoly Yakovenko, Solana’s co-founder, said at the event. Yakovenko pointed out that Saga was created to meet the steady…

Cryptocurrency brokerage platform Voyager Digital recently reduced its daily withdrawal limit down to $10,000. That’s a 60% drop from its previous $25,000 limit, prior to its financial problems relating to Three Arrow Capital (3AC). Voyager published its new withdrawal limit on its site in an update on Wednesday. It states that users can withdraw $10,000 within a 24-hour period, with a maximum of 20 withdrawals. The news follows Voyager’s worrying reveal that it had over $700 million in exposure to…

Legendary soccer player Cristiano Ronaldo (CR7) has inked a multi-year non-fungible token (NFT) deal with leading crypto exchange Binance. Through this partnership, Binance will launch a global promotion to introduce Cristiano’s fans to the Web3 ecosystem. Neither Binance nor the football legend disclosed how long the agreement would last. [embed]https://twitter.com/binance/status/1539969367726620674[/embed]   In a subsequent blog post, Binance said this deal would see it work with Cristiano to create a series of  NFT collections. The collections will only be available for…

Investing in cryptocurrencies often involves two options: mining the digital currency or buying it directly on a cryptocurrency market. On the other hand, the crypto-curious have another option: staking their crypto holdings.  Everyone in the crypto world needs to understand what “staking” means. Furthermore, to reap the benefits of this technique, investors must understand how staking works. Let us look into Chorus One together in today’s guide. Chorus One is a popular staking choice on the crypto market, as we…

Following Bitcoin’s steep price collapse starting in May, the mining industry has been significantly less profitable. Data has now surfaced that miners sold more than 100% of the Bitcoin they generated last month. Miners Capitulating According to a report from Arcane Research published on Monday, miners have held on to most of their accumulated coins since the beginning of the year. Selloffs were only roughly 30% of productions from January through April. That changed quickly in May, with the number…

Binance – the world’s largest cryptocurrency exchange – will perform maintenance on its Ethereum wallet in about five days. Users will be unable to use their self-hosted wallets to interact with their Binance accounts during that time. According to a company announcement on Wednesday, the maintenance will take place on June 27th at 06:00 UTC for approximately 2 hours. The exchange will temporarily disable Ethereum network deposits and withdrawals at  beginning, five minutes before this maintenance starts. That includes not…

Crypto staking is the most straightforward approach to passively building your crypto holdings. It entails dedicating your digital assets to sustain a network and authenticate transactions.  Instead of obligating blockchain nodes to use expensive computational machines, the Proof-of-Stake (PoS) protocols propose an eco-friendly approach. PoS demands you to stake (delegate) your digital assets and compensate you for doing so. Figment.io (or, simply, “Figment”) is one of the platforms that created strong market traction in the staking field. What does Figment…