Riding The Wave News Summary 123
How to build a crypto portfolio without spending any money or time trading, Ethereum Shapella upgrade gets new date, making way for un-staking ETH, & more.
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How to build a crypto portfolio without spending any money or time trading
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
Titanic artifacts to be tokenized as NFTs in new partnership
Stablecoins Attract Scrutiny in SEC’s Drive to Control Crypto
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How to build a crypto portfolio without spending any money or time trading
Another way to earn cryptocurrency and build a portfolio is to complete a variety of tasks on various Web3 platforms.
Using decentralized applications and decentralized finance (DeFi) platforms, users can earn cryptocurrency and then swap, sell or hold it in centralized or decentralized wallets without even having to spend money.
A person without cryptocurrency knowledge might be intimidated by the process of downloading wallets and performing on-chain transactions. An alternative is simply interacting with technology, and currently, there are multiple ways to experiment with different crypto platforms. One is replacing Web2 technology with a Web3 counterpart browser.
Google dominates the web browser and search engine space, making money off users by selling data to advertisers. The Brave browser is an alternative platform where users earn Basic Attention Token (BAT) and fully own their data while searching. Users earn from their activity on advertisers’ websites, and Brave does not sponsor search engine posts, which provides users with a more decentralized search experience.
Currently, Brave shares 70% of its advertising revenue, and some users choose to sell their earned BAT on centralized exchanges or through Web3 wallets like MetaMask.
NFTs continue to grow in popularity, and potential crypto investors can use a variety of free software to analyze the wallet addresses of successful NFT investors that minted high-value NFTs and also try to find free NFT minting and whitelist opportunities.
Many crypto and DeFi projects have set tokens aside for marketing, bug finding, beta testing and content creation tasks. Many crypto investors earn tokens by auditing, testing, and creating brand designs, marketing materials, music and other content. Lending one’s skills to crypto projects is a perfect way to get started.
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
Ethereum core developer Tim Beiko announced the Shapella upgrade is scheduled for Feb. 28. The Shapella network upgrade will activate on the Sepolia network at epoch 56832.
Shanghai and Capella (Shapella) are the upcoming Ethereum hard fork names. Shanghai is the fork’s name on the execution layer client side, and Capella is the upgrade name on the consensus layer client side.
Some key Ethereum improvement proposal (EIP) changes on the execution layer include warm coinbase (not to be confused with the crypto exchange) and Beacon Chain push withdrawals. The push withdrawals will allow validator withdrawals from the Beacon Chain to the Ethereum Virtual Machine via a new “system-level” operation type. On the other hand, warm coinbase could be a game changer that reduces network fees for builders.
Coinbase is the name of the software that builders use to receive new tokens on the network. Every new platform transaction must interact with the coinbase software multiple times. The first interaction costs more as the software needs to “warm” up, with fees declining as the interactions increase. However, with the introduction of EIP-3651, the coinbase software will remain warm to begin with, requiring a lower gas fee to access it.
The upcoming upgrade would enable validators to withdraw their staked Ether (stETH) from the Beacon Chain to the execution layer. Moreover, the upgrade would bring changes to the execution and consensus layers, adding new features, making it a key upgrade following the Merge.
Stakers and non-stakers who operate nodes must, however, upgrade their nodes to the most recent Ethereum client versions to take advantage of the Sepolia upgrade. After the deployment of the Sepolia upgrade, the next step would be the release of the Shanghai upgrade on the Ethereum Goerli test network, expected to commence in March.
Titanic artifacts to be tokenized as NFTs in new partnership
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