May 14, 2022 - Cryptolifedigital

Ways To Avoid Whales From taking Over Staking Discloses By The C0-Founder, Vitalik Buterin

14May

By CryptolifedigitalNo Comments

Cryptocurrency

Ways To Avoid Whales From taking Over Staking Discloses By The C0-Founder, Vitalik Buterin

Many Ethereum (ETH) enthusiasts are after the possible centralization of the ETH2 staking process. In this view, they are talking about the measures to avoid the 'oligarchs' from dominating. High fees for fat cats Pseudonymous Ethereum (ETH) enthusiast Superphiz. eth who is an activist of the Ethereum Beacon Chain community has taken to Twitter to share his concerns about the centralization of the upcoming ETH2 network. Read Also: Shiba Inu Holders Get Increase As The Coin Hit A Fresh Milestones https://twitter.com/GGGEORGEGGGG/status/1525492953799610368 “I wonder, who will be the first staking provider to publicly commit to limiting themselves to not operating more than 22% of validators on the chain? Who do you want to see step up to the plate and pr...

Shiba Inu Holders Get Increase As The Coin Hit A Fresh Milestones

14May

By Cryptolifedigital2 Comments

Cryptocurrency

Shiba Inu Holders Get Increase As The Coin Hit A Fresh Milestones

The official Twitter account of meme cryptocurrency Shiba Inu has reached 3.3 million followers, setting a new milestone. For comparison, rival meme coin Dogecoin also has 3.3 million Twitter followers. Shiba Inu has recorded growth in recent months, adding close to 600,000 followers since February. Read Also: Jack Dorsey Highlights Reasons The Bitcoin Will Spike In The Long Term https://twitter.com/shibainuart/status/1525294215231684611 from the onset of May, Shiba Inu has gotten thousands of new holders. The overall numbers of SHIB have plunged to 1,169,694, according to data shared by Shibainuart. By the end of April, the total stood at roughly 1,139,997. An increase in the number of holders might indicate long-term interest in an asset. Mea...

Jack Dorsey Highlights Reasons The Bitcoin Will Spike In The Long Term

14May

By Cryptolifedigital1 Comment

Bitcoin

Jack Dorsey Highlights Reasons The Bitcoin Will Spike In The Long Term

Billionaire and supporter of Bitcoin Jack Dorsey, who co-founded Twitter and was its chief executive until 29th November last year, has taken to Twitter to share reasons he believes that Bitcoin will again rise in the future after the late spike. Read Also: Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds Jack is aware of what will push BTC up again Jack responded to a tweet from Tom Philpott – the author of the “Military Update” column in US media and author of a few non-fiction books. Philpott rebuked Dorsey that rather than watching and commenting “Bitcoin burning” at the moment, Jack has been tweeting about rapper Kendrick Lamar, his new album, and the upcoming tour to support it. Dorsey responded that he is not looking at the present collapsing Bitc...

Cardano Founder, Charles Hoskinson: Vasil Hard Fork on Track, Testnet Set to Release by End of May

14May

By Cryptolifedigital6 Comments

Cryptocurrency

Cardano Founder, Charles Hoskinson: Vasil Hard Fork on Track, Testnet Set to Release by End of May

Cardano founder Charles Hoskinson has stated that the Vasil Hard Fork remains on schedule. Cardano and its smart contract platform, Plutus, are set to undergo significant enhancements in the Vasil Hard Fork slated for June 29. Read Also: Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says https://twitter.com/InputOutputHK/status/1525152651117215744 To that end, IOHK hints that the testnet might launch by the end of May. https://twitter.com/InputOutputHK/status/1525152651117215744 Hoskinson has shown positive expectations that the forthcoming Vasil Hard Fork upgrade might provide a "massive performance improvement to Cardano" and its smart contract capabilities. The upcoming Vasil update will integrate four differ...

XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails

14May

By CryptolifedigitalNo Comments

Cryptocurrency

XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails

In the current lawsuit, Ripple has filed a six-page response to the SEC's assertions that the Hinman documents were protected by the attorney-client privilege. As initially stated, the SEC went ahead to make new privilege assertions in its unstopped efforts to eliminate the release of emails related to the 2018 Ethereum speech of William Hinman, the former director of the SEC's Division of Corporate Finance. Read Also: Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says https://twitter.com/FilanLaw/status/1525214883566034946 Ripple's response states: “The Court has ordered the SEC multiple times to produce documents related to the formulation of a speech that former Director of Corporation Finance William Hinman deliv...

Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says

14May

By Cryptolifedigital2 Comments

Cryptocurrency

Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says

On May 12th, the Santiment analytics team observed an increase in Whale transactions on the Cardano chain, while the price dipped to the $0.40 level. The tweet even specified the times when this rise in transaction volume occurred – between 8 a.m. and 12 p.m. Read Also: What To Know About NFTs – A Guide to the Latest Trend in Blockchain Santiment said that whale transaction spikes as such are often followed by ADA price reversal. https://twitter.com/santimentfeed/status/1525197457847558144 currently, the top 7 coin ADA is trading at $0.5301 after recovering to the $0.6 zone from $0.4. At the moment, ADA is 82.72 percent below its historic peak of $3.10 reached on September 2. This year, on January 18, the coin managed to rise to a high of $1.6. Read Also: OpenSea NFT H...