Over $5 Billion Deposited in Ethereum 2.0 Smart Contract

More than $5 billion has been staked in the Ethereum 2.0 smart deposit contract. This surge in deposits makes Ethereum 2.0 the third-largest staking network.  Ethereum 2.0 continues to attract Stakers Ethereum 2.0 smart deposit contract has continued to receive deposits despite hitting the minimum mark to launch. According to data from the launchpad dashboard, the amount of ETH currently staked is 3 million ETH. This represents about 2.8% of the total supply and is valued at $5.2 billion.  This…

Ethereum 2.0 Validators eclipse 60,000: $2.8B Staked in Deposit Contract

Ethereum 2.0 continues to gain momentum with new developments on its smart contract network. Just six weeks after its beacon chain was launched, the number of validators has already exceeded 60,000. According to the analytical platform Beacon Chain, the total number of validators on the Ethereum 2.0 smart contract is 60,189. An additional 16,156 potential validators are waiting in the queue to be approved by the smart contract. This is remarkable and means that the beacon chain network launched on…

Ethereum 2.0 (ETH) Becomes The Fourth Largest Staking Network

Ethereum 2.0 (ETH) smart deposit contract was launched a month ago in anticipation of its move to the proof-of-stake protocol. Since then the number of eth staked has reached record levels and it is now the fourth largest staking network. $1 billion Worth Of ETH Staked According to Dune Analytics data more than $1 billion worth of ETH has been sent to the smart deposit contract. This corresponds to 1.5 million ETH, or nearly 1.4% of the total Ether supply.…

Crypto Sector Records Massive Influx Of Developers In 2020

The crypto sector has witnessed a massive increase of developers in 2020, similar to the record in 2017. This increase has largely been towards major projects like Ethereum, Polkadot, Tezos, and Cardano. More Crypto Developers In 2020 In a comprehensive report, analytical firm Electric Capital analyzed the rising trend of developers in recent years. What is noticeable is that the number of people contributing to crypto projects has started to rise again in 2020. [caption id="attachment_21478" align="aligncenter" width="1050"] Electric Capital…

Sygnum Introduces Tezos (XTZ) Staking to Its Customers

The crypto bank Sygnum now offers its customers Tezos staking (XTZ), with an annual interest rate of 5%. Based in Switzerland, Sygnum becomes one of the first banks in the world to introduce such a service. According to a statement from the bank, customers can now buy XTZ with Swiss francs (CHF), Euros (EUR), Singapore dollars (SGD), and US dollars (USD). Each client asset will be held in highly secure portfolios and stored individually to minimize asset risks. Sygnum will…

Binance.US Lists TEZOS in The Ongoing Crypto Market Crisis

TEZOS was eyeing a possible parabolic Bull Run before the crypto market crash. On March 15, 2020, Binance US announced TEZOS (XTZ) as their latest listing in more than two weeks, for the trading pairs, XTZ/USD and XTZ/BUSD that will open on March 16 from 0900h EST or 0600h PST. Binance. US users can immediately start USD, BUSD or XTZ deposits into their wallets ahead of live trading time, which will also enable withdrawals. The exchange has also integrated several…

Bitcoin makes a pit stop after racing upwards for six weeks

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $286 billion. Bitcoin loses momentum and falls below $10,000 Ethereum value remains above the $260 threshold. XRP ends at $0.28 and continues its bullish attempt to get beyond the $0.30 mark Tezos almost breaks the $4 barrier before dropping at $3.51 Binance goes through unexpected maintenance work. Concerns over the coronavirus continue to impact…

Tezos (XTZ) Review: What Makes Tezos Stand Out?

Since you have stumbled upon this article, you must have heard about Tezos or the good stuff this project is doing in the crypto space. Getting right into it, Tezos is one of the few projects developed from scratch, unlike most cryptocurrencies that have taken after Bitcoin's infrastructure.  As far as the long list of merits of the Tezos blockchain goes, it depends on a less power-hungry algorithm than Bitcoin or Ethereum. The algorithm is less computationally rigorous and less…

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