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Top Weekly Crypto News – April 14, 2023

by 14. Apr 2023 @ 3:34Daily News Summary about Crypto

Key Points

As we wrap up another eventful week in the crypto world, major highlights include Ethereum’s Shapella upgrade, Bitcoin’s growing dominance, and the launch of BNB Chain’s testnet for its storage solution, Greenfield.

  • Ethereum achieves Shapella upgrade, enabling validator token withdrawals
  • Bitcoin dominance reaches a nearly two-year high with 46% of total crypto market cap
  • BNB Chain introduces testnet of its decentralized storage solution, Greenfield
  • Solana announces the upcoming release of its web3 Saga phone on May 8
  • Sei Labs raises $30M in funding, reaching a post-money valuation of $800M

 

Ethereum Completes Shapella Upgrade, Unlocks Validator Token Withdrawals

Ethereum has successfully implemented its Shapella upgrade, allowing validators who staked ETH previously to withdraw their tokens for the first time. This milestone marks a significant step forward in Ethereum’s ongoing development and transition towards Ethereum 2.0.

 

Bitcoin Dominance Climbs to Highest Level in Nearly Two Years

Bitcoin’s dominance in the cryptocurrency market has reached its highest point in almost two years, accounting for 46% of the total market capitalization at the time of writing. This steady growth in market share over the past few months showcases Bitcoin’s resilience and ongoing appeal to investors.

 

BNB Chain Launches Testnet for Greenfield Decentralized Storage Solution

BNB Chain has introduced the testnet of its decentralized, open-source storage solution, Greenfield. Using $BNB as its token, Greenfield aims to provide the fastest service among decentralized storage options, offering cost-effective features comparable to traditional web2 cloud data storage.

 

Solana Set to Release Web3 Saga Phone on May 8

Solana has announced the upcoming release of its web3 Saga phone on May 8. This innovative device enables users to access web3 apps while on the move and offers enhanced security for private keys, simplifying the mobile web3 experience.

 

Sei Labs Secures $30M Funding and $800M Valuation for Layer 1 Sei Blockchain

Sei Labs, a significant contributor to the Layer 1 Sei blockchain, has raised $30 million in two strategic funding rounds from investors such as Jump, Distributed Global, Multicoin, and others. This latest round of investment puts Sei Labs’ post-money valuation at a remarkable $800 million.

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Top News in Crypto for April 5, 2023

by | Apr 5, 2023 |

  • Ether has surged to a nine-month high, up 5% to $1,920 in the past 24 hours, ahead of the upcoming Ethereum network upgrades.
  • PostFinance, a Swiss financial services firm, is partnering with Sygnum Bank to offer cryptocurrencies to its 2.5 million customers, enabling them to buy, store, and sell bitcoin and ether, with more crypto tokens to be added in the future.
  • Paxful, a popular peer-to-peer Bitcoin trading platform in Africa, has suspended its operations. Its co-founder, Ray Youssef, is rallying the Bitcoin community to help build and fund a new decentralized platform called Civilization Kit (Civ Kit), which is a decentralized peer-to-peer Bitcoin trading app built on Nostr, a decentralized social media app.
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