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Showing posts with the label community

Time to buy 'jpegs'? Community responds to upcoming Ethereum withdrawals

While many expressed serious sentiments, a Twitter user poked fun at the update, saying that it’s time to spend ETH on nonfungible tokens. On March 28, Ethereum core developers confirmed that Shapella will take effect at 10:27 pm UTC on April 12. According to the announcement, Ethereum Improvement Proposal (EIP) 4895 will allow withdrawals after pushing the staked Ether from the Beacon Chain into the Ethereum Virtual Machine (EVM), which is the execution layer. This will allow full and partial withdrawals with some mechanisms set in place to make sure that a flood of ETH will not disrupt the market. Many community members were happy with the new update, taking to social media to express their sentiments over the news. One community member said that they had serious doubts in the last two years. According to the Twitter user, they were unsure whether they will be able to ever unstake. However, the community member believes that the new update solidifies the importance of believing in ...

Beware of fake Arbitrum Airdrops, community warns

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The community has warned others to stay vigilant after reports of phishing websites and scams offering Arbitrum Airdrop tokens. Ethereum layer-2 scaling solution Arbitrum's upcoming "ARB" token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of Phishing Scams aimed at tricking crypto users. Announced in a March 16 post by the Arbitrum Foundation, the airdrop will send out 10 billion governance tokens via a token airdrop, allowing holders to vote on code changes. The airdrop is set for March 23. Unfortunately, the development has led to more than a few attempts from scammers to set up fake token airdrops aimed at stealing funds from victims ahead of the officially slated event. Blockchain security company Redefine in a March 19 post said it found a website impersonating an official Arbitrum airdrop website. The screenshots show a user is asked by the website to allow access to their funds, which would presumably resul...

Creator of cannabis-themed metaverse shares his vision for the industry

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The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters into his own hands. With a background in renewable energy, Mark Bonner brings a unique perspective to the cannabis industry. He saw the potential for a more streamlined, efficient and secure approach and set out to create it — a metaverse known as Cannaland. It is the world's first cannabis platform powered by blockchain technology, and Mark Bonner is at the forefront of the industry, leading the charge for a more unified, sustainable future. Given his extensive experience, our team at Cointelegraph felt it was only fitting to sit down with Mark Bonner to discuss his vision for the industry and how the metaverse plays a role in it. Cointelegraph: With all the talk of the metaverse and w...

Crypto community expresses Christmas market sentiments: 'No Santa rally'

A community member pointed out that the lack of movements may be because of the controversies surrounding centralized exchanges. Traders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the holidays. Crypto community members expressed their disappointment by sharing memes, with some even employing their creativity through poetry.  On Dec. 23, Data tracker Coinstats shared an image showing positive market movements and floating the idea of a potential “Santa Claus rally .” Is that the beginning of the Santa Claus Rally? pic.twitter.com/zf1WDNaGpm — CoinStats (@CoinStats) December 23, 2022 However, with Bitcoin’s volatility index hitting record lows on Dec. 25, any thoughts of having a merry BTC rally on Christmas were put to a stop. Data from Cointelegraph Markets Pro showed that the top crypto hovered around $16,800 on holiday.  A community member pointed out that the lack of a rally this Christmas may...