Chain News Today TheBitTimes.com

The Best Wallet ($BEST) presale hit $10.5 million in funding on Monday, extending a streak of surging investment. The latest influx of capital follows the Bybit hack, which saw $1.4 billion in funds stolen from the exchange. This underscores the growing demand for self-custody wallets as a safer way to protect digital assets. Best Wallet not only offers this security but also Features that have made it a top choice among investors in less than a year. Currently, Best Wallet’s funding stage prices each token at $0.0241 for the next 11 hours before the next round increases the price. With the presale running for over three months, Best Wallet may be nearing its funding goal. Missing out now – while $BEST is at one of its lowest prices – could be like passing on a presale for a better version of MetaMask. Bybit Hack To Hasten Shift To Non-Custodial Solutions Like Best Wallet Dubai-based Bybit suffered a hack on Februar...

Monero (XMR) has shown price and network resilience following Binance’s delisting on February 20. The leading privacy coin re-conquered the $150 price zone and has set a new record with over 100,000 daily trans action s. Notably, the Monero network established a new all-time high in the number of its daily transactions on March 5. At that date, BitInfoCharts registered 96,495 daily transactions, superior to the 60,305 registered on August 12, 2022. Nevertheless, this mark is already outdated. As of this writing, the network has 102,708 transactions confirmed on March 6. Picks for you The Tate Brothers warn about crypto coins using their images 2 hours ago Web3 app store Magic Square reveals new $66m grant program 3 hours ago Winners of CMC Crypto Awards 2024 finally announced 3 hours ago Finance experts set SHIB price for end of 2024 3 hours ago Monero trans action s historical chart. Source: BitInfoCharts This data highlights increased ...

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate, which is a metric for the annualized yield of validators. According to data, validators earned 24,997 Ether (ETH) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards. The recent trend of a new memecoin called Pepe trading is the reason behind the gratitude of validator s. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. As gas fees increase, end users are paying over $30 per swap. The surge in gas fees has resulted in higher fee income for validator s from processing transactions, in addition to their regular validator reward s. ETH staki...