People • June 3, 2024, 5:07 PM EDT Posted 1 minute ago In ~ Michael Novogratz’s Galaxy Digital announced that it has tokenized the over 300-year-old Stradivarius violin owned by Yat Siu, co-founder of Animoca Brands. Perhaps the most high-profile tokenization on record.The violin, made in 1708 and valued at about $9 million, previously belonged to Catherine the Great of Russia, according to the statement.According to Galaxy Digital, “The tokenization of this iconic instrument, known for its unrivaled craftsmanship and historic provenance, represents a significant advance in applying blockchain technology to unlock the value of unique real-world assets.” “I do,”…
Author: Crypto Flexs
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Notcoin (NOT) price has risen more than 300% over the past week, reaching an all-time high. Can NOT tokens continue their parabolic rise due to social hype?Notcoin rose 320% in one week, breaking an all-time high.Notcoin’s price rose more than 323% over the past week, hitting an all-time high of $0.02896 on June 2, according to TradingView data.NOT/USDT, 1-week chart. Source: TradingViewNotcoin, a play-to-earn game and token integrated into a Telegram mini-app, has attracted over 30 million users on Telegram in less than two months, introducing a new wave of mainstream adopters to the cryptocurrency space.Notcoin was listed and traded…
Don’t miss out on the Meme token you need this bull market – pre-sale is now live The world of meme coins has seen explosive growth, with top players like Shiba Inu (SHIB), Dogecoin (DOGE), and Bonk (BONK) capturing the imagination of millions. Here comes ORACLE MEME Coin (OMEME), ready to revolutionize the meme coin landscape and deliver unparalleled returns on investment. As we get closer to the 2024 bull market, this is an essential token you can’t miss. ORACLE MEME Coin is more than just a digital asset. It’s a game-changer for the meme industry. The project is built…
AMA Overview The SSV Labs team recently held a comprehensive Ask Me Anything (AMA) session featuring participants from the ssv.network DAO, SSV Foundation, and SSV Labs. The session aimed to shed light on the Foundation’s role, goals and collaboration with the DAO. According to ssv.network, the AMA covered essential updates and operational changes that impact the community. Insights from AMA One of the AMA’s main goals was to clarify the SSV Foundation’s plans and how they will interact with the SSV DAO. The session highlighted the foundation’s responsibility to link decentralized decision-making with real-world implementation.…
According to CoinShares’ latest “Digital Asset Fund Flows” report released on June 3, digital asset funds have recorded inflows for the fourth week in a row.According to the report, digital asset funds had weekly inflows of $185 million in the last week of May, with monthly inflows totaling $2 billion, bringing capital inflows to over $15 billion so far this year.The largest share of weekly inflows came from the United States, accounting for $130 million of last week’s inflows. The report also found that existing issuer outflows in the US amounted to $260 million.Weekly inflows were led by Bitcoin (BTC),…
Decentralization, n. The security assumption that a nineteen year old in Hangzhou and someone who is maybe in the UK, and maybe not, have not yet decided to collude with each other. There has been a large amount of ruckus in the past week about the issue of mining centralization in the Bitcoin network. We saw a single mining pool, GHash.io, amass over 45% hashpower for many hours, and at one point even grow to become 51% of the entire network. The entire front page of the Bitcoin reddit was ablaze in intense discussion and a rare clash of complacency…
Bitcoin miner Bitfarms has released its latest monthly production data, which highlights the effect of Bitcoin halving on the company’s revenue and raises concerns about industry consolidation.In its monthly update, Bitfarms revealed that it acquired 156 BTC in May. This is a 42% decrease from the previous month and a 66% decrease from the previous year. Of those proceeds, 136 BTC were sold for total proceeds of $8.9 million (down from $16.1 million in April) as part of the company’s regular financial management process. Bitfarm’s total BTC holdings in treasury increased to 850 BTC, equivalent to $57.2 million, based on…
pepe It is on an impressive upward trajectory, showing significant bullish momentum that is capturing the attention of traders and investors alike. This continued upward trend suggests strong confidence and increasing optimism in the market. PEPE’s outlook. As cryptocurrency prices continue to rise, market analysts are closely monitoring key indicators and trends to gauge how long this bullish phase could last and what potential heights PEPE could reach. In this analysis, we will take a closer look at PEPE’s price outlook with the help of some technical indicators. At the time of writing, PEPE was trading at around $0.00001531, up…
Web3 founders are facing unprecedented challenges, especially considering the recent crackdown on cryptocurrencies in the United States. The $4 billion settlement with Binance and legal action against its CEO highlight heightened regulatory scrutiny in the cryptocurrency market. This crackdown reflects the need for Web3 startups to adjust their strategies to effectively navigate the regulatory environment. Regulation improves investor confidence. The US regulatory environment for cryptocurrencies is becoming increasingly stringent. Regulators emphasize compliance with financial regulations, anti-money laundering (AML) standards and customer protection mechanisms. “The $4 billion settlement with Binance and legal action against its CEO marks a significant moment for…
IBM has released new recommendations for cloud-based laptop environments for Qiskit users. According to the IBM Quantum Computing Blog, the company has approved OVHcloud and qBraid as preferred providers for those looking to use Qiskit over the cloud. The new recommendations align with IBM’s strategic shift. The announcement follows IBM’s recent closure of the IBM Quantum Lab and signals a broader strategic shift toward utility-scale quantum computing. This move aims to support the continued growth of the Qiskit ecosystem by providing users with a convenient, cloud-based Jupyter environment with Qiskit pre-installed. Getting started with OVHcloud…