ZKSync announced that it will distribute 17.5% of the ZK token supply through airdrop. This is a pivotal step in engaging the community in the further development of the protocol. ZKSync, an Ethereum layer 2 scaling solution, uses zero-knowledge (ZK) proofs to improve scalability and reduce transaction costs. Users complain that they are not eligible for ZK airdrops. ZK tokens facilitate payment of network fees and allow community voting on protocol upgrades. It also allows token holders to participate directly in the ZKsync governance system. This system is very important as it allows for protocol enhancements such as staking and…
Author: Crypto Flexs
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Global Bitcoin mining company Bitfarms Ltd. (Nasdaq/TSX: BITF) announced that the Toronto Stock Exchange (TSX) will postpone consideration of the company’s tactical Shareholder Rights Plan. According to GlobeNewswire, the delay will remain in place until the TSX is confident the appropriate securities commission will not intervene and Bitfarms’ shareholders ratify the plan by December 10, 2024. effect of smoke The TSX’s decision to postpone will not affect the immediate implementation or operation of the Rights Plan and will remain in effect for at least six months from the date of adoption, June 10, 2024, unless…
Have you seen Apple’s controversial “Crush” commercial? It was for the new ultra-thin iPad and played in a viral hydraulic press video that went viral in 2015 and 2016. But those of a softer disposition saw it as a symbolic crushing of traditional creativity in favor of a commercial hellscape. It’s Apple. But Gaming Corps saw an opportunity. Now I’m deducing a connection between the ad and Gaming Corps’ new game Gems Rampage, which is probably a bit hard to believe. However, the game is played in the same viral video. Now it’s time to smash the rocks! Gems Rampage…
PlayFi Announces Strategic Partnerships and Integrations with Four Industry Leaders to Power Gaming Innovation with AI and Web3 – Chainwire housenewsroomPlayFi Announces Strategic Partnerships and Integrations with Four Industry Leaders to Power Gaming Innovation with AI and Web3 We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications…
OpenAI’s upcoming Sora AI video creation tool has some sweet and creepy creative features, but a new player has emerged that has many AI enthusiasts raving about its features. Kling, developed by Chinese tech giant and TikTok competitor Kuaishou, is also already available, but with some caveats.Kling’s capabilities surpass its competitors in several important ways. Kling can create videos up to 2 minutes long at 1080p resolution at 30 frames per second. This is a significant improvement over Pika and RunwayML, which can each generate just a few seconds, and twice what OpenAI said Sora will handle. OpenAI’s Sora is…
The ZKsync Association plans to airdrop 3.675 billion ZK tokens next week to early users and adopters of the Ethereum layer 2 network ZKsync.This represents 17.5% of the total supply of 21 billion ZK tokens, ZKsync said on Tuesday. This will be a one-time airdrop and users can claim tokens starting next week until January 3, 2025, ZKsync said. Contributors can claim starting June 24th.An additional 49.1% of the token supply will be distributed through ecosystem initiatives, with 17.2% allocated to investors and 16.1% to the Matter Labs team.“Offering more tokens than the Matter Labs team and investors in the…
One closely watched cryptocurrency analyst has listed five altcoins he believes are showing strength despite choppy market conditions. Pseudonymous cryptocurrency trader Altcoin Sherpa informs his 217,200 followers on social media platform Solution Stack (STX) and layer 1 blockchain Toncoin (TON) are both strong in a typically range-bound market. “Keep an eye on these for active trading. A lot of them look cr*p at the moment.” According to analysts, Wormhole is one of his top picks. However, he warned that W could still decline and stagnate. “W is one of the most powerful coins right now. If you are actively trading,…
Ethereum price failed to clear resistance at $3,720. ETH has fallen again and is now at risk of further losses below the $3,550 support area. Ethereum began a new downtrend at the $3,720 resistance zone. The price is trading below $3,650 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $3,680. If the price closes below the $3,550 support, the pair could extend its losses. Ethereum price falls again Ethereum price attempted a significant rise above the $3,650 resistance zone. ETH surged above $3,700, but…
The cryptocurrency market is a dynamic and ever-evolving ecosystem driven by various factors, including market depth. Market depth, often referred to as order book liquidity, plays a crucial role in determining crypto prices and influencing trading strategies. In this comprehensive guide, we will delve deep into the concept of market depth, explore its significance in the crypto market, and analyze how it impacts prices and trading strategies. By understanding market depth and its implications, traders can make more informed decisions and navigate the crypto landscape with confidence. What is Market Depth? Market depth, in the context of cryptocurrency trading, refers…
Arkham Intelligence has unveiled a new feature called Bulk Upload, designed to allow users to efficiently add address clusters to custom Arkham entities. This update allows users to copy and paste up to 50 addresses at a time, streamlining the process of managing address clusters on the platform. How to use the bulk upload feature To utilize the bulk upload feature, users must navigate to the entity page in their private label dashboard and click the “Bulk Upload” button. From here, users can copy and paste the address directly into the dialog or upload a…