Blockchain.news

Ethereum's network validators surpass the 1 million mark, with 32 million ETH staked through platforms like Lido, accounting for 26% of its total supply. (Read More)Source link

Nilam Resources, Inc. has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity named MindWave. The entity will hold 24,800 Bitcoin, serving as collateral for investment in high-yield generating projects. This strategic acquisition marks a significant milestone for Nilam Resources, Inc., adding over a billion dollars in digital assets to its portfolio. (Read More)Source link

Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks. (Read More)Source link

Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data. (Read More)Source link

KuCoin, along with its founders Chun Gan and Ke Tang, has been charged with violating the Bank Secrecy Act and operating an unlicensed money transmission business, allegedly allowing its platform to be used for money laundering and terrorist financing. (Read More)Source link