Hong Kong virtual bank to offer crypto conversions and accounts: Report
    13 Apr 2023
    183 Views

    The account services for crypto firms come at a time when United States-based companies are struggling to find local banking partners and are frequently looking abroad. ZA Bank, Hong Kong’s biggest virtual bank by assets, is reportedly set to provide crypto account services and facilitate crypto-to-fiat exchanges. According to an April 12 Bloomberg report, the bank…

    Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode
    13 Apr 2023
    210 Views

    The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. An estimated 170,000 Ether of the total 18.1 million ETH staked on the Beacon Chain will be unlocked within the first week of the Shanghai hard fork being executed on Ethereum, Glassnode has predicted. The figure comprises…

    LayerZero’s multichain ecosystem grows as airdrop hunters ramp up their efforts
    13 Apr 2023
    187 Views

    Applications built on LayerZero’s cross-chain messaging protocol are gathering momentum primarily due to excitement over a potential airdrop. LayerZero is a communication method that facilitates cross-chain applications. Its low-level messaging capabilities enable the development of omni-chain functionalities on top of it, such as decentralized exchanges, money market protocols and numerous other DeFi applications that can…

    Ethereum’s Shapella hard fork executed on mainnet
    13 Apr 2023
    198 Views

    After months of delays, Ethereum validators can finally withdraw their staked Ether and rewards from the Ethereum mainnet. The Shapella hard fork has officially been executed on the Ethereum mainnet — meaning that Ethereum validators can finally withdraw their staked Ether from the Beacon Chain. The long-awaited upgrade took effect at 10:27 pm UTC on April…