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Crypto & Blockchain News

16 Sep 2024

Vitalik Buterin: Solo Staking is Crucial to Ethereum’s Security and Decentralization

Buterin raised concerns about the risks posed by centralized services, which could potentially introduce vulnerabilities into the system. He explained that solo stakers act as an essential decentralized layer of defense, enhancing Ethereum’s protection against attacks and adding privacy benefits

16 Sep 2024

Cryptocurrency Market Update (Sept 16, 2024): Bitcoin, Ethereum, and Major Altcoins in Decline

Bitcoin (BTC) is currently hovering around $58,757.33, down by 2.05%. The price dip comes amid market uncertainty tied to news about Trump, a possible Federal Reserve rate hike, and the upcoming U.S. presidential elections. However, trading volumes for BTC have risen by 111% over the previous day, indicating strong activity. As market conditions stabilize, Bitcoin may have a chance to bounce back and reclaim the $60K level.

16 Sep 2024

Hedera Donates Entire Codebase to Linux Foundation for Decentralized Trust Project

Hedera’s contribution signifies a massive shift toward greater decentralization, allowing developers worldwide to experiment, adapt, and improve upon Hedera’s technology. By donating its entire codebase, Hedera effectively opens up its network to the public, aligning itself with the ideals of open-source development

17 Sep 2024

MicroStrategy’s $700 Million Convertible Senior Notes Offering: A Detailed Breakdown

MicroStrategy, known for its aggressive Bitcoin acquisition strategy, announced plans to raise $700 million through a convertible senior notes offering. This step marks another bold effort by the company to secure funds, which many anticipate will be used to further expand its Bitcoin holdings. This issuance will allow MicroStrategy to tap into institutional investors seeking exposure to Bitcoin through a traditional financial instrument.

17 Sep 2024

Changpeng Zhao’s Anticipated Prison Release: What It Could Mean for Binance and the Crypto Market

Changpeng Zhao's expected release on September 29 is highly anticipated by both Binance users and the broader crypto community. As Binance’s founder and a key figure in the crypto industry, his return could help steer the company through its current regulatory and operational challenges. The coming months will reveal whether Zhao’s leadership can once again propel Binance to the forefront of the industry and restore investor confidence in the global cryptocurrency market