DN-404 is an experimental Ethereum token standard designed to address the limitations of the previous ERC-404 by improving the efficiency, scalability, and interoperability of tokenized assets.DN-404, short for “Divisible NFT-404,” was developed by blockchain engineers and industry experts to improve the ERC-404 standard. ERC-404 aimed to facilitate the fragmentation of NFTs by integrating ERC-20 fungible tokens and ERC-721 NFTs. However, ERC-404 faced serious problems such as increased Ethereum transaction fees and limited scalability, which hindered its practical application.DN-404 leverages innovative consensus mechanisms and smart contract protocols to improve scalability within decentralized networks by improving transaction throughput and reducing costs. The…
Author: Crypto Flexs
Market • May 31, 2024 11:23 AM EDT Posted 1 minute ago In ~ bitcoin BTC -3.034% Stock markets were largely flat despite gains after another round of US inflation that met expectations.The largest digital asset by market cap is up 0.7% over the past 24 hours, trading at $68,738 at 9:26 a.m. ET, according to The Block’s pricing page. Likewise, the GM30 index representing the top 30 cryptocurrencies rose 0.55% to 144.92 over the past day.On Friday, the Bureau of Economic Analysis reported that U.S. inflation, as measured by changes in the personal consumption expenditures (PCE) price index, held…
Bitcoin currently holds over 50% of the market power in the cryptocurrency sector and is generally considered to be less volatile than other cryptocurrencies. Let’s take a look at which altcoins could perform well in June if Bitcoin surges to an all-time high of $73,000. Bitcoin is close to $68,000 ATH, but some altcoins are still undervalued Bitcoin is ending the month on a positive note after experiencing a correction to $56,000 in early May and is currently trading at $68,000, approaching its all-time high. Some altcoins failed to experience a similar recovery due to the severe correction Bitcoin suffered…
TLDR Pudgy Penguins, an Ethereum NFT project, is teaming up with Mythical Games to create a AAA mobile game. The game is scheduled for release in 2025 on Mythos Chain, a Polkadot-based gaming network. Mythical Games is known for developing successful blockchain games such as NFL Rivals and Blankos Block Party. The game utilizes the lore and humor of the Pudgy Penguins characters while providing high-quality gameplay and accessibility. Pudgy Penguins owners will receive exclusive content and have the opportunity to provide feedback during game development. Pudgy Penguins, an Ethereum NFT project known for its colorful and quirky characters, announced…
join us telegram A channel to stay up to date on breaking news coverage Despite the recent price rise of several altcoins, most tokens appear to be currently experiencing a decline. The price drop may be a move by the market to accommodate more buyers and buy out excessive leverage. The market may see further price declines in the altcoin market over the next few days before another upward trend emerges. On the other hand, a sub-sector of the cryptocurrency market that is seeing impressive inflows is low-cap altcoins. Some of these cryptocurrencies have been converted at sub-par valuations to…
Ethereum developers gather for ACDC currency #134. On May 30, 2024, Ethereum developers gathered via Zoom for All Core Developers Consensus (ACDC) call #134. These bi-weekly meetings serve as a collaborative platform for developers to discuss and coordinate changes to Ethereum’s consensus layer (CL), also known as the beacon chain. galaxy digital. The session was chaired by Ethereum Foundation (EF) researcher Alex Stokes, who led discussions on various upgrades, including Pectra Devnet 0 and potential changes to the scope of Pectra upgrades. Devnet 0 Summary The developers have revisited the release of Pectra on Devnet…
Data shows that investors in the Ethereum derivatives market have recently been very highly leveraged, which can lead to volatility in the asset. Recently, Ethereum’s estimated leverage ratio has reached extreme levels. As pointed out by the analyst in the CryptoQuant Quicktake post, the ETH expected leverage ratio has recently risen. “Expected Leverage Ratio” (ELR) refers to an indicator that tracks the ratio between Ethereum open interest and exchange reserves. The former, Open Interest, is a measure of the total amount of ETH-related derivatives positions currently open on all centralized exchanges. The second indicator, Exchange Reserve, naturally tells us the…
As demand for personalized learning grows, NVIDIA launched Gipi, an advanced AI chatbot designed to enhance user interaction and educational experiences. According to the NVIDIA Technology Blog, more than 1.2 billion people are actively engaged in learning a new language, and platforms like Duolingo host more than 500 million learners. However, a significant portion of the world’s population suffers from feelings of disconnection and unhappiness, often exacerbated by social media. The Rise of AI Chatbots: Transforming Education and Interaction AI chatbots are playing a pivotal role in solving these problems by providing personalized wellness check-ins,…
The first two weeks of Ethereum sales are over, and we should still have Ethereum sales by now. More than 25000 BTC With over 50 million ETH sold, this is the largest cryptocurrency token sale to date, and the two donations make ETH the token of: 8th place in total valueIt even beat our beloved Dogecoin. 17.3middleyouSdVS17.3 million dollars 17.3middleyouSdVS15.5M. A total of 6670 transactions have been made, ranging from a minimum of 0.01 BTC to a maximum of 500 BTC, with purchases continuing to arrive every hour. Additionally, Ethereum sales recorded the largest use of multisig to date. Because…
Jail-Breaking Bad GPT-4o A hacker named Pliny the Prompter jailbroken GPT-4o. “Please use and enjoy responsibly!” they said, releasing screenshots of a chatbot that provides detailed instructions on how to cook meth, hot-wire a car and “make napalm with household items.”The GODMODE hack uses leetspeak, which replaces letters with numbers to trick GPT-4o into ignoring safety guardrails. But GODMODE didn’t last long. “We are aware of GPT and have taken action due to policy violations,” OpenAI told Futurism. Godmode Announcement (Pliny the Prompter) Could AI be creating the next dot-com bubble? Is the stock market in a massive AI stock…