Tezos (XTZ) blockchain We have successfully activated the Paris Protocol upgrade, marking an important milestone in the development of our platform. According to Nomadic Labs, the upgrade applied in block #5,726,209 on June 4, 2024 introduces several important improvements aimed at improving scalability and staking. Introducing a data availability layer One of the key features of the Paris upgrade is the introduction of the Data Availability Layer (DAL). This new layer is designed to significantly improve the throughput of Smart Rollups, including Etherlink. Tezos bakers are encouraged to participate in DALs, which require different hardware…
Author: Crypto Flexs
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Polygon has acquired another ZK team. The newly acquired team boasts a wealth of talent and experience. The two teams will already boast a good working relationship. The first signs of Polygon’s interest in zero-knowledge technology came in 2021, when the company shelled out big money to acquire Hermez Network and Mir Protocol in quick succession. Nearly three years later, it’s clear that the company isn’t just interested in the technology, but sees it as the endgame for scaling Ethereum, as it makes this technology central to its new multichain vision.As the project progresses along this expanded and refocused roadmap,…
Ethereum price is struggling to break the $3,840 resistance level. ETH could gain bullish momentum if it breaks the resistance levels of $3,840 and $3,880. Ethereum is maintaining gains above the $3,720 level. The price is trading above $3,750 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) has a bullish trend line forming with support near $3,760. Unless the pair closes below the $3,720 support, it could start a new increase. Ethereum price maintains support Ethereum price fell back below the $3,760 support zone. ETH retested the $3,720 support and maintained a good…
June 5, 2024, New York, USA, ChainwireTalisman, a highly secure multi-chain cryptocurrency wallet, today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem.Quests, which recently ran in beta, forces cryptocurrency users to create a profile and progress through various levels by accumulating experience points (XP) and unlocking rewards. This progression is gamified with twists, turns, and hidden stories that gradually unfold as users accumulate more XP.“One of the biggest barriers to blockchain adoption is understanding where to start and how to navigate the sometimes messy world of web3,” said…
Bitcoin (BTC) could hit a new all-time high next week following the lowest U.S. job postings in three years, a sign of an economic slowdown, but two other indicators need to be confirmed, according to a cryptocurrency researcher.“Job postings, another important and forward-looking job metric, slowed significantly last night,” 10x Research research director Markus Thielen wrote in a June 4 report.There were 8.1 million job openings in the U.S. in April and about 0.8 unemployed people per job, the most since February 2021, according to the Bureau of Labor Statistics’ June 4 Jobs and Labor Turnover (JOLT) report. That’s a…
Microcomputer developer Raspberry Pi is adding artificial intelligence (AI) to its latest motherboard model, the Raspberry Pi Foundation said Tuesday.The Raspberry Pi AI kit, developed in collaboration with artificial intelligence processor developer Hailo, can be used to upgrade the Raspberry Pi 5 and retails for $70, the UK-based charity says. New AI upgrades allow small, inexpensive computers to run AI models including chatbots, object recognition and posture detection when attached to a camera.“If you’ve ever wanted to experiment with the world of neural networks, artificial intelligence, and machine learning on Raspberry Pi 5, we have the perfect product for you,”…
GnosisDAO has decided to spin off DAO financial risk manager Karpatkey into an independent entity that will utilize its own KPK governance token.According to the statement, Karpatkey has been part of GnosisDAO since 2021 and has successfully executed over 7000 DeFi transactions during this period, managing over $2.6 billion in treasury without any losses or hacks.Karpatkey provides treasury and risk management solutions, on-chain financial services, and support for DAO business development initiatives. We have worked with famous clients in the cryptocurrency industry, including Aave, Uniswap, ENS, and MakerDAO.The proposal to spin off Karpatkey into its own DAO was first made…
One prominent cryptocurrency trader believes the artificial intelligence (AI) altcoin is poised to perform well later this year despite underperforming over the past few weeks. An anonymous analyst known as Altcoin Sherpa told his 216,800 followers on social media platform Say you’re looking at data. Storage protocol Arweave (AR) and distributed information processing protocol RSS3 (RSS3). “The play right now is to be patient and wait and expand as we please. We believe many of these have seen significant declines and that there will be some decent buying opportunities in the coming weeks. “I myself remain optimistic about this sector.”…
Bitcoin price began a new rise above the $70,000 resistance level. BTC is showing positive signs and may rise above the $72,000 resistance level in the near term. Bitcoin began a significant rally above the $69,500 and $70,000 resistance levels. The price is trading above $69,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bullish trendline with support at $69,200. A stabilization above the $71,200 level could provide bullish momentum. Bitcoin price to watch for further gains Bitcoin price formed a base and began a new rise above…
Leading UK Media Company Unites NFT and Gaming Sites to Deliver In-Depth Coverage on Blockchain, Cryptocurrency, Web 3, Finance, Technology and AI London, United Kingdom – June 4, 2024 – Kooc Media, the UK’s leading media company founded by Oliver Dale in 2006, is pleased to announce the launch of its latest venture, Kooc Media. Blockfresh.com. This new platform is the result of a strategic merger of several NFT and gaming sites, and is currently focused on providing cutting-edge news and insights across the blockchain, cryptocurrency, NFT, Web 3 gaming, finance, technology and AI sectors. . Blockfresh.com aims to be…