Larz
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it's not because you live in Venezuela man. get rid of that mentality you have
Good morning, those of us who live in Venezuela, we don't get any of that 🤔🤔🤔
*Don't Miss the Opportunity to Win $XNY Tokens with #Codatta! 🚀*
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#Criptomonedas2024
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*How to Participate?*
1. Go to #BinanceWallet and find the #Codatta campaign.
2. Complete the required tasks and earn $XNY tokens.
*Requirement*
To access this campaign, you must have at least 61 Alpha points. 🔥
*Good Luck!*
Don't miss this opportunity to earn money by doing simple tasks. Participate now and make the most of this campaign. 🎇🪇 #Codatta #BinanceWallet #TokensGratis $XRP
#Criptomonedas2024
Ethereum #Ethereum faced its biggest slashing event since the POS transition, with 39 validators penalized due to operator errors. But despite the setbacks, the price of ETH rose above $ 4,400.
Ethereum’s [ETH] recent price increase and demand have been overshadowed by an unexpected setback.
On September 10, the network witnessed one of its largest coordinated slashing events since the transition to proof of stake in 2022, with 39 validators penalized, according to Beaconcha.in.
How did SSV Network play a role in this incident?
Operators caused the incident through missteps involving the SSV network, a distributed validator technology protocol (TVP) that enhances decentralization by splitting validator keys across multiple operators.
Although the protocol itself remained intact, the event exposed how delicate poorly maintained infrastructure for staking can be.
SSV founder Alon Muroch explained that third-party providers relying on the SSV framework operated the affected validators.
He stated that a group of validators linked to the liquid staking provider ANKR triggered the slashing when routine maintenance unexpectedly caused penalties.
The losses incurred
Validators that migrated from AllNodes two months prior triggered another incident, as duplicate settings during the migration caused repeated signing and led to the slashing.
Each validator lost around 0.3 ETH, approximately $ 1,300, and additional inactivity leaks further increased the financial impact.
The incident affected a total of 39 validators, marking one of the largest coordinated slashing events in Ethereum since the transition to proof of stake in 2022.
Investigators confirmed that the operators, not the protocol, caused the penalties, highlighting the severe consequences of operational lapses.
#MarketRebound
Ethereum’s [ETH] recent price increase and demand have been overshadowed by an unexpected setback.
On September 10, the network witnessed one of its largest coordinated slashing events since the transition to proof of stake in 2022, with 39 validators penalized, according to Beaconcha.in.
How did SSV Network play a role in this incident?
Operators caused the incident through missteps involving the SSV network, a distributed validator technology protocol (TVP) that enhances decentralization by splitting validator keys across multiple operators.
Although the protocol itself remained intact, the event exposed how delicate poorly maintained infrastructure for staking can be.
SSV founder Alon Muroch explained that third-party providers relying on the SSV framework operated the affected validators.
He stated that a group of validators linked to the liquid staking provider ANKR triggered the slashing when routine maintenance unexpectedly caused penalties.
The losses incurred
Validators that migrated from AllNodes two months prior triggered another incident, as duplicate settings during the migration caused repeated signing and led to the slashing.
Each validator lost around 0.3 ETH, approximately $ 1,300, and additional inactivity leaks further increased the financial impact.
The incident affected a total of 39 validators, marking one of the largest coordinated slashing events in Ethereum since the transition to proof of stake in 2022.
Investigators confirmed that the operators, not the protocol, caused the penalties, highlighting the severe consequences of operational lapses.
#MarketRebound
Hello good evening
The price of Bitcoin #bitcoin showed a modest increase on Thursday following the release of new inflation data (CPI) in the U.S., with markets analyzing the figures for clues about the path of Federal Reserve policy.
Bitcoin, which often reacts to CPI data due to its implications for interest rates and the dollar, briefly rose to $114,034 after the report.
Annual inflation reached 2.9% in August, according to U.S. CPI data.
According to the U.S. Department of Labor, the Consumer Price Index (CPI) rose 2.9% year-on-year in August, in line with expectations of 2.9%. This follows a CPI reading of 2.7% in July.
The Consumer Price Index measures retail inflation and is closely watched as a key economic indicator.
Meanwhile, the Producer Price Index (PPI), which tracks wholesale inflation, unexpectedly fell in August due to lower margins in business services and modest increases in goods costs.
The figures were weaker than expected, at 2.6% year-on-year, well below the forecast of 3.3%. The softer PPI print bolstered expectations for Fed rate cuts and increased risk sentiment in stock and cryptocurrency markets.
“With labor market figures recently revised down and signs of economic slowdown emerging, this inflation report will be the last key data point before the Federal Reserve's September meeting, and will strongly influence the pace of future rate cuts,” analysts at Bitunix told BeInCrypto before the CPI release.
It is widely expected that the Fed will reduce interest rates by 25 basis points at its meeting next Wednesday. Investors are also considering a small possibility of a 50 basis point cut, according to CME's FedWatch tool.
I hope for your support with a like and follow me.
The price of Bitcoin #bitcoin showed a modest increase on Thursday following the release of new inflation data (CPI) in the U.S., with markets analyzing the figures for clues about the path of Federal Reserve policy.
Bitcoin, which often reacts to CPI data due to its implications for interest rates and the dollar, briefly rose to $114,034 after the report.
Annual inflation reached 2.9% in August, according to U.S. CPI data.
According to the U.S. Department of Labor, the Consumer Price Index (CPI) rose 2.9% year-on-year in August, in line with expectations of 2.9%. This follows a CPI reading of 2.7% in July.
The Consumer Price Index measures retail inflation and is closely watched as a key economic indicator.
Meanwhile, the Producer Price Index (PPI), which tracks wholesale inflation, unexpectedly fell in August due to lower margins in business services and modest increases in goods costs.
The figures were weaker than expected, at 2.6% year-on-year, well below the forecast of 3.3%. The softer PPI print bolstered expectations for Fed rate cuts and increased risk sentiment in stock and cryptocurrency markets.
“With labor market figures recently revised down and signs of economic slowdown emerging, this inflation report will be the last key data point before the Federal Reserve's September meeting, and will strongly influence the pace of future rate cuts,” analysts at Bitunix told BeInCrypto before the CPI release.
It is widely expected that the Fed will reduce interest rates by 25 basis points at its meeting next Wednesday. Investors are also considering a small possibility of a 50 basis point cut, according to CME's FedWatch tool.
I hope for your support with a like and follow me.
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