Ethereum 2.0 Staking Operation Says It has Produced Revenue from its 200 Nodes
The Ethereum network is transitioning from proof-of-work to proof-of-stake. Charles Allen of BTCS, a publicly-traded crypto mining company, gives an update on Ethereum 2.0 and how their proof-of-stake mining operation is going. Plus, is the idea of "clean" bitcoin something to take seriously?
Startup Staked Introduces ETH 2.0 Trust
Staked has launched an ETH 2.0 trust. The blockchain startup promises accredited investors with at least 32 ETH will be able to get 8% yearly returns. “The Hash” panel breaks down Staked’s staking-as-a-service model and where this fits into the institutional DeFi space.
What’s a ‘Poisoned’ Sandwich Trade on a Decentralized Exchange?
Experienced DeFi traders have been serving newbies a tainted lunch. Automated “sandwich bots” help traders manipulate prices on decentralized exchanges to siphon profits from less-experienced users. CoinDesk tech reporter Will Foxley breaks down how one DeFi trader took revenge on a mining pool by tricking its sandwich bot into purchasing fake tokens for real ETH.
The Latin American Crypto Community Is Focused on These Top Issues
The team behind the crypto community on Status, an encrypted messaging app, joins “Community Crypto” to discuss the use cases for cryptocurrencies in Latin America.
Bank of America Says DeFi Potentially ‘More Disruptive’ Than Bitcoin
In a new report titled “Bitcoin’s Dirty Little Secrets,” Bank of America had a lot to say about bitcoin. Decentralized finance’s potential to overshadow bitcoin, the uses of Ethereum and the future of CBDCs were all also covered in BoA’s report. “The Hash” panel has a lot of unpacking to do.
Nexo: $100K BTC Is Inevitable but Won’t Be a Smooth Ride
Antoni Trenchev of Nexo explains his reasoning behind his $100K bitcoin price prediction. “Everything is lined up to bitcoin’s benefit,” Trenchev said. “But the ride won’t be a smooth one because we are in a very late stage of this wave.” Plus, Trenchev shares why Nexo is bullish on Ethereum.
Ethereum Miners Revolt Over Fee Structure Overhaul
Ethereum miners are not happy about EIP 1559, a planned fee-structure overhaul mechanism meant to correct sky-high gas fees. Ethereum miners are making efforts to hold up the network, causing developers to push for a faster timeline for launching Ethereum 2.0.
The 101 Before You Invest in Bitcoin or Ethereum
For crypto-curious investors looking to buy bitcoin or ether for the first time, there are a few things to consider before buying. "The Hash" panel gives a shoutout to CoinDesk's Christine Kim's important report and also share their own tips about risks and red flags when first getting into crypto.