T-Mobile has started staking ethereum T-Mobile their parent company launches an ethereum
validator and is even allowing staking support for their clients how much money can you make
staking ethereum let's talk about it Theta a video distribution cryptocurrency has just successfully
went through an upgrade they have an even bigger upgrade coming at the end of December I'm going to
clue you in as to what comes next for Theta so much Bitcoin just continues to leave exchanges
the doj says Celsius withdrawals must remain closed I'm going to tell you why Solana suffering
another major outage binance expanding to another country and cardano now that the vassal upgrade
has went live how much better is the cardano blockchain I'm going to tell you welcome back
everybody to altcoin daily you subscribe for daily videos keeping you informed on the entire Crypt
cryptocurrency space check the time stamps below do me a favor tap the like button and let's get
into it T-Mobile their parent company launches an ethereum validator and staking support the
Telecommunications giant will allow customers to get involved in staking ethereum interesting
so the German company said Thursday that it's t-systems multimedia solution MMS division is
working with proof of stake app and Dao stake wise to operate a pool allowing customers to take part
in validating transactions without having to run a validator themselves if you're unfamiliar ethereum
earlier this month moved over to proof of stake in a long anticipated transition known as the merge
the switch makes the cryptocurrency far more energy efficient by eliminating the need for
Miners and replacing them with validators quote from the head of blockchain solutions at t-systems
as a node operator our entry into liquid staking and the close collaboration with a
Dao is a novelty for Deutsche Telecom liquid staking if you're unfamiliar refers to the
service of giving your funds to a third party to stake pledging assets to the network for a given
period of time and in return receiving another token that can be used elsewhere Deutsche Telecom
believes liquid staking via their new service will attract customers because it like other
services such as Lido saves their customers the hassle having to set up a validator node and it's
cheaper for them as well the fact that T-Mobile in fact the parent company of T-Mobile one of the
biggest telecommunications companies in the game is staking ethereum and allowing their customers
to stake ethereum this is huge so how much money can you make staking ethereum want to calculate
how much eth you can earn staking check out this chart that shows rejected staking yields based
on the amount of ethereum staked so it depends how popular staking ethereum is if there's only
one million each staked the real staking yield you can get almost 70 percent which would be huge but
obviously it seems like staking ethereum is going to be popular so let's say 100 million ethereum
are staked well then you'd get an issuance of 3.3 percent seems more reasonable anyways wanted you
to have this info moving forward anyone in our audience holding Theta perhaps you're looking
forward to their big update in December and maybe you know about the upgrade they just had
Theta upgrade goes live to support W Theta wrapped Theta as TNT 20 token Theta Labs
Theta successfully deployed the Theta version 3.4 upgrade this upgrade was key for the launch
of theta meta chain which is expected to happen in December 2022 Theta meta chain their mainnet this
new version allows the W Theta to be transferred to metamask wallets and other smart contracts
obviously you can see how this is a big deal it also makes it possible to stake Theta and
T fuel Theta fuel to Guardian nodes and the elite Edge nodes through smart contracts now if you're
unfamiliar what exactly is Theta how have they gotten to this point Let me refresh your memory
Theta Labs is a blockchain-based video distribution platform with a significant nft
community that includes names like Katy Perry and Sony the protocol has been expanding its partner
ecosystem since the beginning of the year popular show American Idol partnered up with data Labs
back in August 2021 to launch real-time nfts that represent each of the contestants at the time in
June 2022 Resorts World Las Vegas joined theta's partner Network to launch two nft collections that
offer luxury experiences at the venue a month later in August 2022 Samsung and fuse media
partnered up with the project Samsung agreeing with agreeing with data to use its protocol to
launch its Galaxy nfts and fuse media also agreed to work with data to launch the Theta meta chain
December 2022 subscribe to the channel we'll keep you updated on this as new information develops
crypto gaming will bring 100 million people into web 3. agree with this disagree with this this is
from framework Ventures co-founder the ongoing crypto winter is the best time to build and
invest according to San Francisco Venture firm framework Ventures 100 million we'll enter web
3 through gaming why why is web 3 so much better than web 2 which was better than web one well web
3 users expect more from their dapps they expect verifiable truth that they can verify immutability
cannot be changed and user-owned data they want to own it this Innovative computer Paradigm is
setting a new standard for digital relationships a standard where users can read write and truly own
their web3 experience and everybody is jumping on board as you know Facebook Instagram has enabled
nfts for all us users and actually 100 additional countries huge Bitcoin so much more popular today
just in the last two three years than it was in its previous 10. this chart only goes back to July
2017 but this looks just the same since bitcoin's Inception and the fact is there was a pivot point
for Bitcoin and cryptocurrency in 2020. 777 000 Bitcoin have been net removed from exchanges since
March 2020. before March 2020 The Exchange Bitcoin balance was macro increasing people sending their
Bitcoin to exchanges throughout bitcoin's history an interesting Trend to watch over the coming
years there's only so much Bitcoin people are starting to realize Africa certainly starting to
realize that Bitcoin and crypto are the future Africa leads the world in peer-to-peer Bitcoin
adoption awesome do you have money in Celsius still you probably want to withdraw that money of
course well we're still waiting for that to happen Celsius withdrawals must remain closed according
to the Department of Justice the U.S trustee at the Department of Justice has objected to Celsius
plans to reopen withdrawals our arguing that there is still extensive investigations to complete
before Distributing any funds the key takeaways on September 1st Celsius filed for court approval to
release 225 million of locked funds to creditors now U.S trustee William K Harrington has filed
an objection to that request and called it a bit premature Harrington says that funds should not be
distributed until it is known what Celsius owes and to whom we wait we watch we subscribe we'll
continue to keep you updated ethereum killer Solana Solana suffers another major outage the
blockchain the popular blockchain has suffered a handful of outages and transaction stops this year
including a string of partial outages in January a misconfigurated node caused the Solana Network to
stop processing transactions and go offline on Friday the fourth major outage for the popular
blockchain since January when it had a string of partial outages for most of that month this outage
comes one year after a nearly 18 hour outage last September meanwhile the crushing crypto winter has
sent Seoul the number nine coined by market cap down 81 percent in 2022. hey if Solana wants to
truly be an ethereum killer it's going to need to stay online in the short midterm though it
seems that people just kind of expect Solana to do this of eventually as this industry grows if
Solana wants to grow with it and needs to not go through this binance leading the way Finance
expands cryptocurrency trading operations to Pacific Ocean country of 5 million people
Finance the largest digital exchange by trading volume is opening its doors to
serve crypto enthusiasts residing in an island country located in the Pacific Ocean according
to a new blog post The Exchange says it has successfully registered as a financial service
provider in New Zealand and officially launched binance New Zealand binance can now offer country
residents spot trading nft trading and staking among other things CZ the CEO says New Zealand
is an exciting Market with a strong history of fintech innovation and our team of financians
in New Zealand are working hard to bring freedom of crypto to kiwis of course New Zealand this is
just one of the many countries binance is getting into Spain France Italy Europe and this is just
binance guys cryptocurrency there's a fight for market share and building right now you can see
what's happening cardano if you hold cardano comment that fact below so I can see who in
our audience is a cardano holder and let's check in on the network as you know cardano just had
a big upgrade the vassal upgrade highly touted highly anticipated has it affected the cardano
network for the better cardano's vassal hard Fork has had a dramatic impact on the Network's
efficiency according to a decentralized exchange Dex musili swap a DEX built for cardano says the
upgrade has reduced transaction sizes from 14 kilobytes to 1.3 kilobytes in gas fees from 1.4
Ada to 0.7 Ada cardano Creator Charles hoskinson touts the numbers quoted by The Exchange 10x
savings on space at half the cost I call that Innovation the vassal hard Fork was designed to
increase scalability of the cardano network it went live September 22nd the vassal upgrade is
bringing significant performance and capability enhancement against two cardano from higher
throughput capabilities via diffusion pipeline to a better developer experience with much improved
script performance efficiency and lower costs and it seems to be working from the people who
use it subscribe to the channel daily crypto news like the video if you got value see you tomorrow