Connect with us

Blockchain

Earn up to 5.5% annually by staking ETH | by Sebabenzi | @blockchain | Oct, 2022

Published

on


Today we’re introducing Ethereum (ETH) staking in the Blockchain.com Wallet.

You can now earn up to 5.5% annually by securing the Ethereum blockchain.

Staking is the process used by Proof-of-Stake (PoS) blockchains to verify transactions.

It serves a similar purpose to mining in Proof-of-Work (PoW) blockchains, like Bitcoin, but is significantly more energy efficient.

Instead of using computing power to compete for the right to add new blocks to the blockchain and earn block rewards, network participants put up, or “stake”, their crypto for a chance to validate transactions and earn staking rewards.

You can learn more about staking here.

Staking is a great way to put your crypto to work while contributing to projects you support and believe in.

If you’re a long-term holder of a crypto asset, staking gives you the ability to earn passive income on your holdings.

And, by staking, you’re also playing an important role in making the underlying blockchain more secure and efficient.

While it’s possible to stake on your own, it requires significant investment and technical know-how.

To become a “validator” on the Ethereum blockchain, you need to stake a minimum of 32 ETH (currently over $40,000 USD) and have dedicated hardware running 24 hours a day, without downtime.

Blockchain.com removes the complexity by allowing you to start staking with as little as $1 in ETH with no hardware investment required.

Plus, if you stake your ETH before the end of November we’ll reduce your staking fees to 2.5% through the end of 2022. That’s 10x lower than comparable offerings!

Start staking your ETH with just a few simple steps:

  1. Log in to your Blockchain.com Wallet using a web browser.
  2. Click Earn in the top navigation bar.
  3. Find Ethereum staking in the table and click Stake.
  4. Select the account or wallet you’d like to transfer from, enter the amount you’d like to transfer, agree to the terms, and click Confirm Transfer.
  5. You’re now staking ETH. ✅

Note: Your ETH will be subject to a bonding period before it starts generating staking rewards. Additionally, you won’t be able to unstake or transfer your ETH for an unknown period of time. These rules are not specific to Blockchain.com. They’re features of the Ethereum network.

We’ll soon be adding staking for more PoS blockchains, including NEAR, Solana, and Cardano. We’ll also be adding the ability to manage your Staking Accounts on mobile.

In the meantime, log in to your Blockchain.com Wallet today and put your crypto to work with ETH staking.

IMPORTANT NOTE:

The purchase of crypto entails a risk. The value of crypto can fluctuate and capital involved in a crypto transaction is subject to market volatility and loss.

Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain.com’s products and services are not subject to any governmental or government-backed deposit protection schemes. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.



Source link

Blockchain

WhalesNight AfterParty 2024 – Blockchain News, Opinion, TV and Jobs

Published

on


Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024, Chainwire

A Glittering Moment: BloFin Shines at TOKEN2049 

BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry. 

BloFin successfully sponsored TOKEN2049 Dubai, which witnessed an extraordinary gathering of industry leaders, enthusiasts, KOLs, and innovators. Blofin’s participation in this prestigious event not only reaffirmed its commitment to fostering innovation within the blockchain ecosystem but also demonstrated its dedication to driving industry development forward. 

An Unforgettable Night: WhalesNight AfterParty 2024

As part of the conference, BloFin hosted the highly anticipated WhalesNight AfterParty 2024, promising an unforgettable evening of networking and celebration. 

Gratitude in Spotlight: Heartfelt Thanks to Valued Partners and Media

BloFin extends its gratitude to its esteemed media partners, including U.Today, BeInCrypto, CoinTelegraph MENA, Crypto.news and Chainwire, whose support has been instrumental in promoting this event. Additionally, BloFin appreciates the steadfast support and participation of its significant partners, KOLs, and attendees.

The Dubai Whales Night offers the BloFin team a valuable opportunity to meet with users and friends.

Matt, CEO of BloFin, shared his insights and expressed his excitement at the WhalesNight AfterParty. He stated “We understand the importance of trust. We will continue to provide our users with safe, reliable, and fast services.”

As we continue to expand our reach and enhance our offerings, Blofin remains steadfast in its mission to empower individuals and institutions to unlock the full potential of blockchain technology.

About BloFin:

As the fastest-growing crypto exchange, BloFin offers premium perps & futures trading services with over 320 USDT-M trading pairs and 100X trading volume. Now, it provides more high-quality products including spot trading, copy trading, earning, API access, and more. Ensuring utmost user fund security, BloFin has partnered with Fireblocks to safeguard users’ assets.

Contact

Head of Marketing and Public Relations
Annio Wu
BloFin
annio@blofin.io



Source link

Continue Reading

Blockchain

The AI-Based Smart Contract Audit Firm “Bunzz Audit” Has Officially Launched – Blockchain News, Opinion, TV and Jobs

Published

on


Singapore, Singapre, April 9th, 2024, Chainwire

  • Comprehensive security checks are now possible at only 10% of the traditional cost
  • The price and report creation is 10 times faster and cheaper than traditional firms
  • This firm optimized for projects that “want to audit contracts but have limited budgets” or “wish to conduct an initial audit during the development stage”

Bunzz, a Singapore-based web3×AI tech startup launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from over 100 perspectives using AI and an extensive database.

Overcoming the Challenges of Traditional Smart Contract Audits in Blockchain Projects

Blockchain-related projects trade users’ assets on-chain, and the smart contracts governing this logic are at risk of being attacked. As a measure, “smart contract audits (Audit)” are conducted, but users of existing major audit firms face the following challenges:

  • The cost of traditional audit firms is very high (from 10K to 1M of USD).
  • Emphasis is placed on the “seal of approval” from major audit firms, making the original goal of “improving security” a mere formality.
  • Engaging an audit firm can delay product launches or token listings due to the time taken for audits.
  • The accuracy of reports and the cost of communication can be unstable depending on the audit firm’s personnel.

As an approach to solve these issues, Bunzz, the smart contract development infrastructure, has researched and developed an AI-based audit service, “Bunzz Audit.”

In the open beta version in January this year, Bunzz received a lot of positive feedback, and it has now officially launched “Bunzz Audit” as a formal version.

Product page: https://www.bunzz.dev/audit

The Significance of Using AI for Smart Contract Audits

The tasks performed by audit firms can broadly be classified as follows:

  1. Comparing clients’ contracts with previously identified vulnerability patterns to detect vulnerabilities.
  2. Detecting vulnerabilities derived from project-specific logic or operational inconsistencies.

For the first task, vulnerabilities in smart contracts are normally checked by humans reviewing the source code. However, due to variations in auditors’ knowledge of vulnerability patterns and their detection capabilities, oversights due to human error are a current issue.

In this regard, Bunzz Audit owns a database of previously discovered vulnerability patterns and adopts an auditing method that scans code from over 100 perspectives. This approach allows for comprehensive coverage and accurate, omission-free vulnerability identification, which is physically impossible for humans.

From the results obtained through research and development, Bunzz believes that for detecting vulnerability patterns as in the first task, a database + AI approach is more suitable than a human approach.

Regarding the second task of detecting vulnerabilities specific to a project’s logic, this is not addressed by the above approach but rather by professional auditors from the Bunzz Audit team (as an option). Clients can choose between two types of audits: one that only reviews the code and another comprehensive audit that includes both the code and the project-specific logic.

Bunzz are currently distributing a promotion code for Bunzz Audit

Currently, Bunzz is distributing a 10% discount promotion code for free. Using this code, audits are available for 1,791 USD. The fee remains constant regardless of the amount of source code or the level of vulnerabilities found, allowing for the highest level of ROI in the industry. Please give it a try.

Users can get their promotion code here: https://www.bunzz.dev/audit

About Bunzz

Bunzz is a leading company in Web3×LLM, operating Asia’s largest DApps development infrastructure. We develop and provide various Web3 infrastructures and services aimed at realizing “smart contracts as a public good.”

Shareholders: Arriba Studio, Coincheck Labs, DG Daiwa Ventures, gmjp, East Ventures, GMO AI &Web3, GREE Ventures, Hyperithm, Kotaro Tamura, Kazutaka Mori, mint, SPIRAL VENTURES, 01Booster Capital, Ceres

For more information: Bunzz Blog | Twitter(X) | Discord | Youtube | Linkedin | Luma

Bunzz Projects

Contact

Devrel Manager
Trust Oyafemi
Bunzz
info@bunzz.dev





Source link

Continue Reading

Blockchain

Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Published

on


By&nbspClark

  • Packed TOKEN2049 Dubai conference proves the resilience of the global crypto community, with attendees overcoming travel disruptions to participate
  • Going from strength to strength, TOKEN2049 Singapore will return in September 2024 as the industry’s largest international gathering of the year, with 20,000 attendees 

Photo caption: ‘Pavel Durov, CEO of Telegram, onstage at TOKEN2049 Dubai’

Dubai, UAE — April 23, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.

Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049 Dubai sold out nearly three weeks prior to the event, with 10,000 attendees expected. Despite the UAE’s heaviest rainfall in 75 years, the conference opened to a full-house. 

Alex Fiskum, Co-Founder of TOKEN2049 said: “This week we witnessed the determination of the crypto industry first hand. Our team worked around the clock to ensure that the conference proceeded without any disruptions, maintaining the highest standards of hospitality for our attendees. Our programme proceeded and our doors opened as planned, welcoming attendees to a comfortable, immersive, and action-packed event. We are immensely proud of everyone who contributed to making TOKEN2049 Dubai an overwhelming success.”

TOKEN2049 Dubai was host to 90% international attendees hailing from over 160 countries worldwide. The global crypto community came out in full strength to participate, showcasing the growing reputation of Dubai as a hub for crypto innovation. The global representation also cemented TOKEN2049 as the marquee industry event in the crypto calendar, not to be missed. 

Travel disruptions early in the week saw large numbers of speakers and attendees diverted across the Middle East, all of whom surmounted significant obstacles to attend and participate at TOKEN2049 Dubai. Amongst the 200+ leading industry voices who took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements were Pavel Durov, the visionary CEO of Telegram; Richard Teng, CEO of Binance; Paolo Ardoino, CEO of Tether; and Arthur Hayes, Co-Founder of BitMEX. 

Some standouts include a joint announcement onstage by Tether and Telegram that USDT will launch on The Open Network (TON) and Telegram wallet; Polkadot’s Gavin Wood introduced a new JAM chain graypaper; Berachain announced a collaboration with Google Cloud; and Telos unveiled a partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network, amongst many more ground-breaking announcements.

Fiskum continued: “We have received overwhelmingly positive feedback from all participants across TOKEN2049 Dubai. Energized by this success, we now shift focus to prepare for the industry’s largest event of the year — TOKEN2049 Singapore, taking place on September 18-19 before the Formula 1 Grand Prix weekend. TOKEN2049 Singapore will welcome 20,000 attendees to the iconic Marina Bay Sands, continuing to set new standards for the industry.”

TOKEN2049 Dubai will return in 2025, promising an even more immersive experience for prolific industry leaders, Web3 builders, global entrepreneurs, and tens of thousands of crypto enthusiasts. 

TOKEN2049 is hosted annually in Dubai and Singapore. For more information and updates on TOKEN2049, please visit: https://www.token2049.com

###

About TOKEN2049

TOKEN2049 is a global conference series, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is a global meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and Web3 industry. TOKEN2049 is hosted annually in Dubai and Singapore.

Media Contact

E: [email protected]

Clark

Head of the technology.

#Press Release

This is a paid press release. Btcwires does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.





Source link

Continue Reading
Advertisement [ethereumads]
Altcoins3 hours ago

Analyst Predicts Potential Climb to $16

debt7 hours ago

US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

Bitcoin11 hours ago

Bitcoin Daily Transactions Just Hit A New ATH

Bitcoin15 hours ago

Bitcoin Could Witness Repeat of November 2020 Parabolic Rally Amid Max Price Compression, Says Analyst

Analyst19 hours ago

Analyst Says Prepare For 700% Jump To $4, Here’s When

Altcoins23 hours ago

Solana Witnessing ‘Dramatic Increase’ in Investor Allocations This Year, According to New CoinShares Survey

Bitcoin1 day ago

Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing

Altcoins1 day ago

Altcoins in ‘Last Exit Pump’ Against Bitcoin Before Final Capitulation, Warns Top Analyst – Here’s the Timeline

Bitcoin1 day ago

Bitcoin Raises Bull Flag, Formation Triggers Calls For $100,000

Bitcoin2 days ago

Bitcoin Just Entered a ‘Second Danger Zone,’ Warns Crypto Analyst – Here Are His Targets

Bitcoin2 days ago

Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

Altcoins2 days ago

Crypto Trader Issues Bitcoin Warning, Says Ethereum Liquid Staking Project Flashing Short-Term Bullish Signal

Analyst2 days ago

Crypto Analyst Predicts Massive Move For Bitcoin, What’s The Target?

Altcoins2 days ago

Analyst Warns One Crypto Asset Category About To Face a Reckoning, Maps Path Forward for Bitcoin and Hedera

doge2 days ago

DOGE Price Prediction – Dogecoin Below $0.14 Could Spark Larger Degree Drop

Trending

    wpChatIcon
    Please enter CoinGecko Free Api Key to get this plugin works.