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It means you can deposit and withdraw cryptocurrencies at any time you want. This type of staking offers greater flexibility as it does not require you to commit to a specific staking period. Usually, the yield rate in flexible staking is lower compared to locked staking because it provides more flexibility.
How to participate in flexible staking on Binance? On the Binance website: 1. Log in to your Binance account and go to the [Earn] section, then select [Simple Earn] - [Flexible Staking].
2. Click on [Activate].
What is Light Staking: Light staking from Binance allows users to earn staking rewards on specific tokens in their spot accounts. Light staking provides complete flexibility—users can trade, withdraw, or use their tokens at any time while still earning rewards. What rewards can I earn from light staking? By participating in light staking, users can earn rewards generated through the staking mechanism on the blockchain, also known as Proof of Stake. Rewards are usually paid using the native tokens of the blockchain, unless otherwise stated. #SoftStaking
#BinanceTurns8 Two dormant Ethereum wallets come back to life and transfer $2.9 million worth of ETH🤑🚀
On Monday, two dormant Ethereum wallets that had been inactive for nearly a decade were revived, transferring a total of 1,140 ETH, worth approximately $2.9 million.
The wallets, one starting with "0x27" and the other with "0x7f," were created 3,630 days ago, on July 30, 2015, the day the Ethereum mainnet was launched during a phase known as "Frontier" in the network's history. Both wallets received their ether through transactions labeled as "GENESIS" on Etherscan, indicating that they were funded at launch. Ethereum developments include Pectra upgrade and gas cap The latest Ethereum upgrades, known as "Pectra," introduced improvements such as smart calculations, increased scalability, and raising the staking limits within the system. The upgrade was implemented on May 7, and since then, the price of ETH has risen from $1,812 to $2,540, according to CoinMarketCap data.
Vitalik Buterin, along with researcher Tony Vahrshteter, also proposed a new suggestion on Sunday, which includes setting a gas cap of 16.77 million for each individual transaction. According to the proposal, this change would improve the performance of the Ethereum network and enhance its security, noting that "implementing this cap will help the network resist certain denial-of-service (DoS) attack vectors and improve network stability.
#DayTradingStrategy CleanSpark mined 685 Bitcoin in June and doubled its mining capacity by 145% year-over-year.✅
CleanSpark's Bitcoin production increased by more than 50% year-over-year, despite the challenges posed by the post-halving environment for miners.
The company recorded an operating hash rate of 50 exahashes per second (EH/s) in June, compared to 20.4 EH/s a year ago, representing an increase of 145.1% in mining capacity. During the past month, the company mined 685 Bitcoin worth approximately $74.2 million at current prices, compared to 445 Bitcoin mined in June 2024. The EH/s unit is used to measure computing power.
Zach Bradford, President and CEO of CleanSpark, said: "The relentless efforts of our operations and technical teams have resulted in adding over 10 EH/s of operational capacity across four states to achieve this ambitious goal", adding: "This represents an increase of 9.6% from the previous month".
CleanSpark sold a total of 578 Bitcoin in June, representing the majority of its monthly production. The company's Bitcoin balance increased to 12,608 Bitcoin, compared to 12,502 in May, making it the seventh largest among publicly traded companies, according to BitcoinTreasuries.net.