Auto Added by WPeMatico

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.

Continue ReadingAlameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one…

Continue ReadingFor 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants

Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on…

Continue ReadingTerra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants