As the historic showdown between current President Joe Biden and former President Donald Trump unfolds live, the price of memecoins inspired by both candidates is dropping.According to Coingecko’s PolitiFi token category, a vibrant Mimecoin ecosystem has been built around the two presidential candidates, and the politics-themed token’s market capitalization currently stands at $1.3 billion, expanding 6.7% over the past 24 hours.Several popular Mimecoins inspired by the candidates have seen their value drop significantly in the past hour.that much Ethereum-based MAGA (ticker: Trump) is down 6.4% over the past hour, while MAGA Hat (ticker: MAGA) is down 10.8% over the past…
Author: Crypto Flexs
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Hip-hop legend Money B has made a significant entry into the world of NFTs with the release of his new track “Sit Next to Me” featuring Guapdad 4000 on the Gala Music platform. Released as a limited edition NFT, the track marks another milestone in the artist’s illustrious career. Money B’s NFT launch According to Gala News, the album is limited to 100 copies and is available now at Gala Music stores. This rewardable album gives fans a special opportunity to own a piece of hip-hop history while supplies last. Fans can also further connect…
VanEck, one of the first companies to issue a Bitcoin exchange-traded fund (ETF) in the United States, has applied for the new Solana ETF.VanEck’s head of digital asset research, Matthew Siegel, announced on June 27 atSiegel said the new fund, called the VanEck Solana Trust, aims to leverage Solana’s decentralized nature, high utility and economic feasibility. According to executives, the trust is the first to apply for a Solana ETF in the United States.Source: Nate GeraciIn the post, Sigel offered some explanation as to why the company believes SOL is a necessity. He wrote:“We believe that our native token, SOL,…
The exchange-traded fund, which filed its prospectus on Thursday, seeks to provide traders and investors with exposure to Bitcoin and gold without having to purchase both assets.STKD with leverage Bitcoin BTC +1.28% The & Gold ETF from Tidal Investments and Quantify Chaos Advisors aims to provide simultaneous exposure to the performance of: Bitcoin There are also gold and gold futures and ETFs through Bitcoin futures and ETFs.So why would anyone want to invest in two historically uncorrelated assets? According to the SEC preliminary prospectus, the strategy is based on the idea that combining investments in Bitcoin and gold strategies can…
Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a significant collaboration to advance wholesale central bank digital currency (CBDC) solutions, according to the Hong Kong Monetary Authority. The partnership aims to explore new cross-border payment opportunities and strengthen financial innovation. Strengthening financial innovation BDF and HKMA have maintained a close relationship in promoting financial innovation. The latest collaboration marks HKMA’s participation in the second round of the European Central Bank’s (ECB) exploratory work on the Eurosystem. This initiative is an important milestone as it is the first time that a…
Polygon’s interoperability solution is set to get closer to its final form with Nodekit support. Nodekit integration promises to significantly improve the user experience of AggLayer chains and open up new possibilities for developers. In addition to improving the AggLayer experience, developers are also pushing for integration to help Ethereum better compete with Solana. Last year, Polygon Labs presented a new vision for scaling Ethereum infinitely by horizontally connecting as many blockchains as possible. At the center of the company’s new vision is AggLayer, an interoperability solution designed to allow users to experience interactions between connected chains as if they…
Company • June 27, 2024 5:16 PM EDT Posted 1 minute ago In ~ Giant cryptocurrency exchange Coinbase and payment company Stripe have signed a partnership. Stripe will integrate Coinbase’s Layer 2 network Base into its cryptocurrency payment products, according to a press release issued by Coinbase on Thursday. We plan to add it as a means of purchase. Coinbase customers can also use Base on Stripe’s stablecoin USDC to streamline fiat-to-crypto conversions and facilitate funds transfers to more than 150 countries, the press release said. “Crypto is the future of money because it is not limited by borders or…
Amit KumarNew York UniversityProof Carrying Data from folding GKR with protostarCurrent Interactive Verifiable Computation (IVC) schemes face challenges with the Witness-Multi-Scalar Multiplication (Witness-MSM) barrier, limiting efficiency. We propose leveraging the Goldwasser-Kalai-Rothblum (GKR) accumulation scheme to significantly reduce the witness size, overcoming these limitations. Utilizing the Protostar compiler, we will fold the GKR protocol, enhancing computational efficiency. Furthermore, we aim to extend IVC into a Proof Carrying Data framework, facilitating parallel folding in a tree structure to streamline verification processes and improve scalability.Pratyush MishraUniversity of Pennsylvania and Stanford UniversityZippel: A language and compiler for building proof systemsWe propose Zippel, a new…
According to the app, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have announced that they have completed their annual update to the list of financial service providers recognized under the over-the-counter (OTC) derivatives regulatory framework. .sfc.hk.Annual review and updatesThe annual update process is part of our ongoing efforts to ensure that the list of financial service providers is up-to-date and accurate. This list is essential to maintaining the integrity and supervision of Hong Kong’s OTC derivatives market, mitigating systemic risk and enhancing market transparency.The importance of complianceFinancial institutions on…
A prominent cryptocurrency trader says that one MIME coin, which has seen a massive rally over the past five months, could see even greater gains in the future. In a new strategy session, cryptocurrency analyst Altcoin Sherpa told his 217,600 followers on social media platform X that meme assets are recovering nicely from the recent market crash. According to the trader, one memecoin – dogwifhat (WIF) – Despite already making huge gains this year, it’s poised for a surge. “Some memes are rebounding strongly from local bottoms. WIF will probably go to at least $2.50, MOG is one of the…