Author: Yeek.io

For the last testnet proof-of-stake transition, Goerli will merge with Prater. The combined Goerli/Prater network will retain the Goerli name post-merge.Bellatrix, the Prater upgrade readying it for The Merge will happen at epoch 112260, expected at 12:24PM UTC on August 4, 2022.After Bellatrix is activated, the Goerli/Prater merge will happen when Goerli hits a total difficulty of 10790000, expected between August 6-12, 2022.Post-merge, Goerli’s validator set will remain open for individual stakers to run testnets validators. Stakers who wish to start a Goerli/Prater validator can do so at the Prater Launchpad. Background After years of work to bring proof-of-stake to…

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Homepage > News > Business > Bitcoin’s 5 billion transactions: Hold tight, it’s just getting started On December 12, 2024, the BSV network processed 90,838,281 transactions in a single day. It was a record-breaking high point for the network over the past week or so, which has seen 10 straight days of over 65 million transactions each. The streak also saw Bitcoin pass another milestone: over 5 billion transactions processed since the network began operating in January 2009. There’s been speculation among BSV followers recently over who might be responsible for the massive increase in transaction volumes. Blockchain explorer and…

Binance’s latest Global User Survey revealed that almost half of its users joined the crypto market in 2024. Meanwhile, around 23.89% respondents believe AI tokens will lead the crypto market in 2025, followed closely be meme coins. On Dec. 19, Binance released the results from its global survey involving more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America. The crypto exchange found that a large majority of its users are new to crypto. Around 24.52% of users entered the space in the past six months, while 20.60% just joined within the past year. New crypto adopters make…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. TON, Immutable, Ronin—the rise of gaming chains is one of this year’s major web3 stories. The Open Network, Telegram’s “official web3 infrastructure,” is a good example of this success by enabling in-app onboarding and new levels of engagement and reward. TON simply makes it easier for builders to build and players to play, demonstrated by year-defining titles like Notcoin, Hamster Kombat, and BANANA. After starting the year with just over 4M on-chain accounts, TON will finish the…

In a significant development, Greymass has announced the launch of the EOS Wallet, a MetaMask integration for the EOS Network. This development enables more than 30 million MetaMask users to easily access and engage with the EOS ecosystem. The integration’s goal is to improve the user onboarding process by minimizing the entry barriers. In this way, it improves the experience for both new and old users. Greymass Enhances EOS Usability with New Wallet Integration The EOS Wallet is one of the outcomes of the recent tokenomics change of the EOS Network which allocated 15 million EOS to a Middleware. Part…

It’s been under a week since the launch of the $SOLX presale, but Solaxy’s native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M. Crypto investors are clearly excited by Solaxy’s plan to build a Layer 2 protocol that will build on Solana, incorporating all its good bits and massively improving on where it’s been falling short.  Solana’s super-high transaction volumes (178.75M over the past seven days, according to DappRadar) are driven mostly by meme coins, and have resulted in some congestion issues and failed transactions. …

Atomic Wallet: What is it?A multi-currency wallet called Atomic Wallet was created to allow users to manage multiple cryptocurrencies in one location. Users still have complete control over their private keys because it is non-custodial. This method gives users constant access to their money while improving security.More than 500 assets are supported by the wallet, including smaller tokens and well-known choices like Bitcoin and Ethereum. It’s a sensible option for both novice and experienced cryptocurrency aficionados due to its straightforward UI.Key Features of Atomic WalletAtomic Wallet offers tools that make it more than just a storage option. Here’s a look…

After the Fed cut the interest rate by 0.25%, the crypto market’s liquidation of more than $239 million in mere minutes. Bitcoin dipped briefly below $100k with other major tokens following suit. On Dec. 19, the Federal Reserve reduced its key interest rate by 25 basis points and warned of cuts in the following years. The Fed hinted that it would probably lower only twice more in the new year ahead. Fed Chair Jerome Powell explained that since the U.S. government’s stance has become less restrictive, then the agency can afford “be more cautious as we consider further adjustments to…

1SK Telecom, South Korea’s largest mobile operator, has decided to shut down its metaverse platform “ifland” to shift focus toward artificial intelligence (AI).The company confirmed that “ifland” will be fully closed by March 31, 2025, with services gradually being discontinued leading up to that date. SK Telecom also stated it will refund users for any paid content, including virtual items like “stones” and customizations.An official from SK Telecom explained: “We will further accelerate the transition to a global AI company by utilizing the accumulated metaverse capabilities to strengthen AI competitiveness.”To support its AI ambitions, SK Telecom recently invested $3 million in…