The post Arbitrum Community Greenlights Staking Mechanism appeared on BitcoinEthereumNews.com. The Arbitrum community passed a revamped proposal to launch staking for ARB holders on Nov. 6. The approved plan will use ARB from the project’s treasury to fund staking rewards, for which two-thirds of the community supported an allocation of 100M tokens. Arbitrum earmarked the […]
Solana price corrects as recent SOL rally factors come under question
The post Solana price corrects as recent SOL rally factors come under question appeared on BitcoinEthereumNews.com. Solana’s SOL (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, it failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left […]
Who Owns Paramount? Biggest Paramount Stockholders in 2023
The post Who Owns Paramount? Biggest Paramount Stockholders in 2023 appeared on BitcoinEthereumNews.com. The largest stockholders of Paramount are major media and investment firms, including Berkshire Hathaway, Inc., with a 15.36% stake in the company, and external investors like Vanguard Group, which controls 9.28%, while BlackRock has about 4.42% of Paramount’s shares. The largest individual […]
Kraken’s ambiguous response fuels speculation of layer-2 network development
Kraken said it is “always looking to identify and solve for new industry challenges and opportunities,” in a Nov. 7 email sent to CryptoSlate. The exchange made this statement in response to recent speculations about its potential development of a layer-2 network. While the email neither confirmed nor denied the rumors, it underscored Kraken’s commitment […]
Bank of England releases stablecoin regulation plan
The post Bank of England releases stablecoin regulation plan appeared on BitcoinEthereumNews.com. The UK is setting new regulations for stablecoins and the wider cryptocurrency market, aiming to enhance financial stability and consumer protection while fostering innovation. The Bank of England (BOE), working with the Financial Conduct Authority (FCA), is rolling out a plan to manage […]
BONE Holder Count Approaches New Milestone, Here’s Price Reaction
The post BONE Holder Count Approaches New Milestone, Here’s Price Reaction appeared on BitcoinEthereumNews.com. Yuri Molchan Number of users holding BONE token keeps expanding, while figures of Shibarium utility continue growing Data provided by the Etherscan blockchain tracking platform stated that the number of people who hold Bone ShibaSwap (BONE) coin has been on the […]
Kraken Wants to Launch Its Own Layer-2 Network: Report
United States-based cryptocurrency exchange Kraken is mulling launching its own layer-2 network, CoinDesk reported, citing people familiar with the matter. According to the report, the crypto exchange is considering using the technology of several blockchain firms, including Polygon Labs, Matter Labs, and Nil Foundation, as the base for the new network. Kraken Considers Launching Layer-2 […]
Rallies to near 1.3750 amid recovery in US Dollar
The post Rallies to near 1.3750 amid recovery in US Dollar appeared on BitcoinEthereumNews.com. USD/CAD has extended recovery to near 1.3750 as the risk-on impulse faded. The USD Index recovered despite high chances for the Fed to keep interest rates unchanged until the end of 2023. USD/CAD recovered strongly after discovering buying interest near the […]
Musk’s AI Bot Grok Sparks Crypto Token Craze
Around four hundred GROK tokens have emerged over the past few days
Shiba Inu (SHIB): Three Things to Look Out for This Week
These 3 factors can make difference for Shiba Inu (SHIB) this week