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Robinhood Crypto has announced launch of Solana (SOL) staking for its customers in Europe. New customers will also enjoy a 10% bonus on net buys. Robinhood is expanding its services and products for users in Europe. On Wednesday, the trading platform announced it was launching new features that include Solana (SOL) staking, localized apps and crypto rewards among others. The new features will target new customers, Robinhood Crypto said in an update. Robinhood launches SOL staking in Europe As part of its growth efforts, Robinhood Crypto now offers its “first-ever crypto staking product”. The platform said Solana (SOL) staking is now available directly via its app, which means users can earn rewards from their staked SOL tokens. The product will offer the flexibility of users being able to unstake at any time. “ Robinhood Crypto is already one of the lowest cost places to trade on average with an easy-to-use interface that prioritizes e...

The Securities and Exchange Commission (SEC) has delayed its decision on BlackRock’s application to launch a spot Ethereum (ETH) ETF to March. According to a document on the SEC website, a new decision on the application, which was supposed to be made on Jan. 25, is now expected on March 10, 2024. SEC representatives explained their decision due to the lack of time to review all the application details. “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.” SEC filing Bloomberg Intelligence ETF analyst James Seyffart said delays in Ethereum spot ETF offerings will likely continue. Spot Ethereum ETF Delays will continue to happen sporadically over the next few months. Next date that matters is May 23rd https://t.co/2zBBvHkrVk — James Seyffart (@JSeyff) January 24, 2024 On Jan. 19, 2024...

The final quarter of 2023 led to a major crypto market rally that sent numerous cryptocurrencies, major – like Bitcoin (BTC) and Ethereum (ETH) – and altcoins and meme coins surging.  So far, Bonk (BONK) –  a meme coin based on the Solana (SOL) blockchain – has perhaps been the biggest winner, surging more than 10,000% in just over a year. Pepe (PEPE), a cryptocurrency launch ed in the spring of 2023, also left its mark as it enabled at least one trader to turn several hundreds of dollars into more than a million. The current thawing in the market is now set to bring about the launch of a brand new meme coin – DED. The new meme coin is currently in the works on the Polkadot (DOT) blockchain.  DED is being developed by a dedicated group, per the latest information shared with Finbold on January 4, and, according to several polls conducted on X, it already has extensive community support. Which Polkadot #memecoin community is bigger? ...

Vault will make self-custody of crypto easier for the average user, Uphold said in a press release. The wallet combines on-chain security of complete self-custody with the convenience of CeFi applications. The wallet has a key replacement feature that allows users to recover access if they lose private keys. Uphold has announced the beta launch of a self-custody wallet dubbed Vault, with the first cryptocurrency supported being Ripple’s XRP. Uphold launches self-custody wallet In an announcement on Thursday, the crypto platform said Vault will be an “assisted self -custody wallet .” Other than simplifying the secure storage of digital assets, will offer users the convenience of centralised financial (CeFi) and on-chain security of complete self -custody . “ We want to radically redefine self -custody for the average user ,” Uphold CEO Simon McLoughlin said in a statement. “Until now, no one has offered self -custody t...

OKX is collaborating with Polygon Labs to launch a new ZK-powered layer 2 network. X1 will become OKX’s native network and utilise OKB for gas fees. OKX also joins other platforms as a core contributor of the Polygon CDK. OKX and Polygon Labs are collaborating on a new zero knowledge-powered layer 2 network , whose testnet was announced today. The Ethereum-based ZK network is built using the Polygon Chain Development Kit (CDK) and utilise the native OKX token OKB for gas fees. X1 becomes OKX’s new native network, the firm said in an announcement. 📣 Hot Off The Press 📣 We're thrilled to introduce #X1, our new Ethereum L2 network built on Polygon 's CDK. Our landmark collab. with @0xPolygonLabs empowers next gen. devs. with increased security, scalability & low transaction costs to BUIDL the future of Web3. 🧵👇 pic.twitter.com/Wkz11vu2be — OKX (@okx) November 14, 2023 OKX becomes core contri...

Coinbase’s layer-2 (L2) network, Base, has launched an eight-week training course to turn traditional software developers into blockchain developers. The Base network, part of the broader Coinbase ecosystem, has announced the launch of Base Bootcamp. It is an intensive, eight -week program designed to turn traditional software developers into proficient, smart contract developers .  Introducing Base Bootcamp, an eight-week program designed to turn experienced developers into smart contract developers Base Bootcamp will make learning interactive and collaborative, with support from experienced engineers and dedicated mentorshttps://t.co/gecI1FMpzT — Base ️ (@BuildOnBase) October 20, 2023 The Base Camp program aims to bring more people into blockchain technology. The current number of on-chain developers sits at less than 30,000, while over 30 million work in software development as a whole, according to the L2 network. This initiative aims to bridge this gap and make a n...

Sam Altman’s dystopian eyeball-scanning Crypto project Worldcoin may be about to be probed by data regulators in the UK , following its global launch on Monday. The Information Commissioner’s Office told Reuters on Tuesday: “We note the launch of Worldcoin in the UK and will be making further enquiries.” The UK office is responsible for upholding information rights and data privacy. Worldcoin consists of a series of orb stations (ball-shaped cameras) that will take images of your iris in a bid to “distinguish humans from AI online” while “keeping your personal information private,” the firm claims. In exchange for scanning your biometric data, you receive Worldcoin’s own brand of identification — called a ‘WorldID’ — and its native cryptocurrency for free.  Crypto exchanges like Binance, Huobi, and OKX have listed WorldCoin (WLD). WLD hit a high of $3.30 when it went live on Monday. It has fallen more than 35% to $2.10 ...

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A " temperature check " proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.  When voting closed on April 16 more than 99% of Aave (AAVE) token holders voted in favor of launching the third version of the lending and borrowing protocol on the zero-knowledge Ethereum Virtual Machine (zkEVM). According to the proposal first pitched on March 26, the launch will be limited to USD Coin (USDC) and Ether (ETH). A [Temp Check] is currently running to deploy Aave V3 on the @zksync Era Mainnet, expanding Aave’s presence and tapping into the growing zkEVM ecosystem.https://t.co/ps1RMl7Sva — Aave (@AaveAave) April 14, 2023 Now that the temperature check has indicated a "positive sentiment," the next steps listed in the proposal will be to p...

Currently, staking is available for DOT, XTZ, ADA, and ETH crypto assets, with yields reportedly ranging from 2.99% to 11.65%%. United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers.  According to a report by London-based news agency altfi, the staking feature is expected to go live this week, allowing users to generate income on their crypto assets during its "soft testing" phase. At present, the staking feature is available for Polkadot (DOT),  Tezos (XTZ),  Cardano (ADA), and Ether (ETH) crypto assets, with yields ranging from 2.99% to 11.65%. However, these yields are not guaranteed.  In cryptocurrency, staking is a process where an individual holds or locks up a certain amount of a specific digital asset in a wallet for a certain period, typically from several days to several months. This action helps secure the network and validates transact...