Election

Cryptocurrency’s Role in 2024 Presidential Election: Grayscale Report

Grayscale’s latest report delves into the role of cryptocurrency in the upcoming 2024 presidential election. Highlighting findings from a national survey conducted by The Harris Poll, the report sheds light on voter sentiments and attitudes towards cryptocurrency, emphasizing its increasing political relevance. As Bitcoin, Ethereum, and other cryptocurrencies gain prominence, Grayscale’s insights provide valuable perspectives on how digital assets may influence voter decisions and shape the political landscape in the election year.

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Grayscale Warns Inflation May Delay Cryptocurrency Price Rise

Despite Bitcoin’s remarkable 45% surge in February, surpassing the $60,000 mark for the first time since November 2021, Grayscale, a leading cryptocurrency asset manager, has expressed caution. The company’s analysts have flagged macroeconomic factors, particularly inflation and its potential impact on Federal Reserve policy, as potential hurdles to sustained cryptocurrency appreciation.

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Uniswap Users Rush to Claim Over 100K uni.eth Usernames

The Uniswap community is buzzing with excitement as over 100,000 uni.eth usernames have already been claimed. To secure your unique uni.eth username and personalize your profile, download the Uniswap mobile app today.

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Buterin

Vitalik Buterin Expresses Shift in Confidence Regarding Layer 1 and Layer 2 Trade-offs

In a recent statement, Ethereum co-founder Vitalik Buterin revealed a significant shift in his perspective on the trade-offs between Layer 1 (L1) and Layer 2 (L2) solutions within blockchain technology. Buterin expressed that he now holds approximately three times less confidence in the concept of simplifying Layer 1 even if it means having more complex Layer 2 solutions. This sentiment marks a departure from his stance five years ago.

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blockchain decentralization

Ethereum is The Most Decentralized Among Top Blockchains – Analyst

In a recent analysis, conducted by blockchain analysts, Ethereum emerges as the most decentralized among the top blockchains. This assessment comes as a result of evaluating various key factors contributing to decentralization across major blockchain networks. Ethereum’s robust network of validators, diverse client ecosystem, absence of permissioned elements, and active community participation contribute to its leading position in decentralization. This recognition underscores Ethereum’s resilience and underscores its pivotal role in the decentralized finance (DeFi) ecosystem and broader blockchain landscape.

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FIXED FLOAT banner and a hooded hacker

FixFloat Exchange Reports Major Hack, Loss of Millions in Bitcoin and Ethereum

Cryptocurrency exchange FixFloat has disclosed a significant hack resulting in the loss of 409 Bitcoin (approximately $21.17 million) and 1,728 ETH (approximately $4.85 million). The stolen funds were transferred to suspicious addresses, prompting concerns over the platform’s security. While FixFloat confirmed the breach on Twitter, they have yet to provide detailed information, stating that they are actively working to address vulnerabilities and enhance security measures. Despite the setback, the exchange assures users that their service will soon be operational again, promising further updates on the investigation in due course.

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Buterin and a robot representing AI

Ethereum Co-Founder Vitalik Buterin Sees AI-Assisted Use Case for Bug Detection

In a recent post on X, Ethereum co-founder Vitalik Buterin expressed his enthusiasm for the potential application of artificial intelligence (AI) in enhancing the formal verification of code and the detection of bugs. Buterin highlighted the critical importance of addressing technical risks within the Ethereum ecosystem, particularly the prevalence of bugs in code, which he identified as one of the network’s most significant challenges. The prospect of leveraging AI to assist in the formal verification process represents a promising development for Ethereum and the broader blockchain community.

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Eigenlayer banner and an ethereum logo

DWF Ventures Provides Insight into LRT Protocol Growth and Farming Opportunities

DWF Ventures delves into the rapid growth of the Liquid Restaking Token (LRT) protocol, revealing a staggering eightfold increase in Total Value Locked (TVL) to reach $3.3 billion over the past month. The overview encompasses statistics for 14 projects, including Etherfi, Puffer, and KelpDao, offering insights into assets, project stages, TVL metrics, and potential airdrop opportunities. With attention shifting back to Ethereum ahead of EIP-4844, the focus intensifies on @eigenlayer and restaking, paving the way for an exploration of the LRT ecosystem and emerging farming prospects.

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Ethereum icon and Jeffrey Wilcke at the background

Ethereum Co-Founder Jeffrey Wilcke Transfers $38.27M in ETH to Kraken

According to data from Etherscan, Jeffrey Wilcke, one of Ethereum’s early co-founders, has recently made significant transfers of Ethereum (ETH) to the cryptocurrency exchange Kraken. The most recent transfer amounted to 10,000 ETH, valued at approximately $27.52 million. Just four days prior to this transaction, Wilcke transferred an additional 4,300 ETH, equivalent to $10.75 million, to Kraken. In total, Wilcke has transferred 14,300 ETH, totaling $38.27 million, to Kraken.

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Peter Thiel’s Founders Fund Invested $200 Million in Bitcoin and ETH

Founders Fund, led by tech investor Peter Thiel, reportedly invested $200 million in Bitcoin and Ethereum last year, a move suggesting continued belief in the potential of cryptocurrencies despite recent market downturns. This news could boost investor confidence, but caution and individual research remain crucial in the volatile crypto space.

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