Whale wallet created by Vitalik Buterin transfer 40,000 ETH
On Thursday, a transaction displaying the transfer of 40,000 Ethereum (ETH) was noticed on the chain. It’s noted that the transfer is thought to have come from a wallet Vitalik Buterin created.
SHIB burn rate increases by 60%
According to the Shibburn website, in the last 24 hours, there was an increase of 60.94% in the SHIB burn rate, 21,584,934 SHIB were burned.
SHIB is up 4.22% in the last 24 hours and is currently worth $0.000009 per token.
ApeCoin geo-blocks North American users from staking
In its latest project update, ApeCoin offered details about the upcoming launch of ApeStake.io. Stakers may begin accruing rewards one week after launch on December 12th.
However, as detailed in the announcement, ApeCoin may prove far more difficult for some users than others, depending on their location. Shortly after an SEC probe into Yuga, ApeCoin is geo-blocking access to its staking service for North American token holders.
Uquid integrates Polygon to bring best shopping experience in Web3
E-commerce platform Uquid announced integrating with Polygon to optimize the shopping experience in Web3 and form the future of shopping behaviors.
Through the integration, Uquid will work with Polygon to build Uquid on Polygon’s proof-of-stake chain, and wallet and add MATIC as a payment method for 85 million products.
Justin Sun plans to merge Poloniex with Huobi
Poloniex exchange is likely to merge with Huobi exchange in the near future, according to Wu Blockchain.
The Poloniex exchange was acquired by Justin Sun, founder of the TRON Foundation, from Circle in 2019. Justin Sun’s decision to merge the two exchanges may be to leverage the development of Huobi, which was recently acquired by the founder of TRON.
Polkadot hails anti-scam bounty program with community
The Polkadot (DOT) ecosystem has applauded its anti-scam bounty program geared towards developing a safer network for all.
Dubbed Child Bounties, the Polkadot anti-scam bounty program has been incentivizing community members for every fraudulent site formerly reported.
Russia intends to launch a national crypto exchange
Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia.
As local media reported on Nov. 23, members of the lower chamber of the Russian parliament, the Duma, have been in discussions regarding amendments to the country’s existing cryptocurrency legislation “On digital financial assets” with market stakeholders.
Proximity Labs unveils $10 million developer fund for trading protocols on NEAR
Blockchain research and development firm Proximity Labs and three decentralized exchanges on the NEAR Protocol blockchain — Orderly Network, Spin, and Tonic — have announced a $10 million developer fund.
The fund will provide grants and investments to new developer teams that build on top of Orderly, Spin, or Tonic, which are decentralized trading protocols that rely on virtual order books. These projects offer trading experience akin to centralized exchanges, using the NEAR blockchain as the settlement layer.
Ethereum developers decided on eight proposals for the Shanghai update
Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus.
New features will be included in the next hard fork, which will be released in the second half of 2023.
SHIBA INU announces “exclusive” deal with Travala
The SHIBA INU team has announced an “exclusive special” from blockchain-based booking platform Travala.
Those who use the popular meme coin for booking hotels, flights, and activities will be able to get $25 in travel credits.