Web3 liquidity provider Orderly Network raises $5 million in strategic funding.According to a press release shared by The Block, OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol participated in the new funding round.Orderly Network merges orders from multiple blockchains into a unified orderbook to solve the DeFi liquidity problem. It currently supports Ethereum mainnet, Polygon, Optimism, Base, Arbitrum, and Mantle.platform We plan to use the funds to develop new products and enhance on-chain liquidity. Orderly is also preparing a token generation event, where Orderly token stakers will earn 60% of Orderly’s net trading fees. “Even amidst…
Author: Crypto Flexs
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The Grass cryptocurrency is getting a lot of attention ahead of its major CEX listing, but with the price turning bullish, is it the best way to earn crypto in 2024? Crypto circles are buzzing—ha! Get it, you mowed the lawn—Gemini’s cryptic tweet: “No posts. Go touch the grass.” Following Binance and OKX, speculation is running wild about the possibility of listing the GRASS cryptocurrency ($GRASS). Also, this could mean that crypto investors have no life… but let’s be optimistic! Grass Crypto Hype Reaches Frantic Levels (CoinGecko) Meet $GRASS, the decentralized innovator in web scraping. Grass Crypto keeps your data…
Solana’s voting transactions account for 85% of all activity, raising concerns about validator fees and network decentralization. While failed transactions cost users thousands of dollars in fees, large validators profit from Solana’s voting system. Recent data has brought to our attention: Solana (SOL) There is growing interest in the network, especially with regard to transaction distribution and the challenges faced by validators. analyze share Dave, an avid supporter of Cardano development and decentralized exchanges, highlighted the overwhelming weight of voting transactions on Solana and questioned the fairness of the network. According to Dave, Solana processed about 2.4 million voting transactions,…
Jorg Hiller 15 Aug 2024 02:15 IBM Research unveils a new generative AI framework to enhance data augmentation and accelerate drug and material discovery. IBM Research has announced the development of a new theoretical and algorithmic framework aimed at advancing generative AI. According to IBM Research, these innovations are designed to synthesize real-world, diverse, and targeted data that is essential for advancing the technology. Data Augmentation Enhancement A major focus of recent efforts at IBM Research is facilitating data augmentation for reliable machine learning. By generating high-quality synthetic data, this framework aims to enhance…
Hong Kong, China, August 15, 2024, Chainwire In a groundbreaking move to address the challenges of fair asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled an innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the heart of Cellula’s innovation is its Virtual Proof of Work (vPOW) consensus mechanism, which combines principles from Conway’s Game of Life, the Variable Rate GDAs Algorithm, and Game Theory to revolutionize how digital assets are distributed and liquidity is allocated. The cryptocurrency industry has long struggled with the problem of “whales.” Whales are a small number of…
Roger Dickinson,Or “RD” exudes confidence in the inevitability of digital art. After COVID-19 derailed his fitness and wellness business in 2020, Dickerman stumbled upon NFTs and has since reinvented himself as a leading voice in digital art. Born just outside Philadelphia, the American launched his “24 Hours of Art” report in August 2023 and has since become a valuable resource for artists, collectors, and funds alike. Then, at the end of last year, I took up the creative profession by launching the 24 Hours of Art Collective. With his empathetic approach and strong opinions, Dickerman is uncompromising in maintaining the…
Nudge announced on August 15 that it is launching a new decentralized finance (DeFi) protocol on Ethereum designed to unlock hidden economic value in users’ wallets. It aims to create two-sided markets where Web3 protocols pay users incentives (or “nudges”) to re-delegate on-chain assets, liquidity, and participation. Nudge will be launching a new DeFi native feature called “Re: Assigned Value,” which represents the economic value of a user’s on-chain activity, according to the company.“Users can extract significant amounts of value by being paid or ‘nudged’ by the protocol to reallocate scarce goods on-chain,” Nudge said in a statement shared with…
CrunchLab has raised $3.5 million in seed funding led by cryptocurrency-focused investment firm Multicoin Capital.Factor Capital, Fabric VC, and Elixir Capital also supported the round, bringing the startup’s total funding raised to $5.3 million.Crunch Lab is a key contributor to CrunchDAO, a platform for AI researchers to participate in decentralized machine learning competitions. CrunchDAO members can earn CRNCH tokens as part of their competition participation, in addition to other rewards. CRNCH tokens provide holders with governance rights in addition to other CrunchDAO benefits. “Crunch Lab has just entered the prototyping phase with two new financial institutions to provide a live…
James Ding August 15, 2024 10:35 Binance Futures will launch GUSDT and RAREUSDT futures contracts on August 15, 2024, offering up to 50x leverage and improving trading options. According to Binance, Binance Futures will expand its trading products by introducing two new USDⓈ margin perpetual contracts. The GUSDT and RAREUSDT contracts will be available for trading from August 15, 2024, offering traders up to 50x leverage. Release Details GUSDT perpetual contracts will be launched at 12:30 (UTC), and RAREUSDT perpetual contracts will be launched at 13:00 (UTC) on the same day. These contracts aim…
Hedera Hashgraph’s institutional reach expands with Copper partnership UK-based cryptocurrency custodian opens doors to HBAR staking for enterprises Rising prices are met with obstacles such as declining trading volumes and negative funding rates. Copper, a London-based cryptocurrency custodian, has expanded institutional access to Hedera’s distributed ledger. This new partnership with Hedera Hashgraph, which hosts over 300 institutions and cryptocurrency platforms globally, will allow customers to hold and stake Hedera (HBAR) via Copper’s onramp solution.HBAR: The Best Choice for Tokenization?Hedera Hashgraph has been one of the most popular blockchains focused on tokenizing Real World Assets (RWAs). In early 2024, the BlackRock…