Are you ready to see the future of blockchain technology solving real-world problems? Many blockchain networks operate independently, making it difficult to share data and allow cross-chain transactions. This has slowed the growth of decentralized applications (dApps) and prevented blockchain from reaching its full potential. Kubetics is here to change that with the Web3 aggregation chain, a powerful solution that improves blockchain interoperability. By seamlessly integrating networks including Bitcoin (BTC) into a unified system, Qubetics simplifies and improves the efficiency of cross-chain transactions. This feature solves key real-world problems by enabling seamless asset transfers, data sharing, and cross-chain functionality. This…
Author: Crypto Flexs
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contributor Posted: September 17, 2024 Fantom dApp trading volume triples in 24 hours to $9 million The bullish rally accelerated on increasing volume as FTM attempted to break the critical resistance level at $0.52. The cryptocurrency market was bearish today, with most altcoins trading in the red. However, Phantom (FTM) As of this writing, it is up 4% to trade at $0.511, bucking the bearish sentiment. FTM was one of the top performers in the market last week, with a seven-day gain of 15%. The rally is being driven by surging demand, with volume up more than 150% at press…
Republican presidential candidate Donald Trump officially unveiled his long-anticipated cryptocurrency project, World Liberty Financial, on Monday night.“We’re embracing the future with cryptocurrency and leaving the big, slow, outdated banks behind,” President Trump said in a recent promotional video.In a livestream hosted by crypto personality Farok on social media platform X, Trump said his NFT project opened his eyes to the crypto world. The livestream lasted over two hours.“I was really surprised at how many people were paying this way,” said Trump, whose NFT collection has earned more than $7 million. “To be honest, I wasn’t really interested[at first]… but I…
Rebecca Moen 17 Sep 2024 02:08 Avalanche’s innovative multi-chain architecture and upcoming upgrades aim to increase blockchain customization and scalability to support enterprise, DeFi, gaming, and more. According to Galaxy, Avalanche, a cutting-edge blockchain network, is set to undergo significant upgrades and expansions in 2024. A notable feature of the platform is its horizontal scaling approach, which allows for the creation of highly customizable and interoperable blockchains known as ‘L1’ (formerly known as subnets). This architecture supports a wide range of use cases, particularly in enterprise, DeFi, gaming, and consumer verticals.Innovative architecture and rapid…
The Fantom (FTM) price rose 25% over 7 days, reaching $0.51 on September 16. This is part of a rally that began on August 6, and has seen the price rise by over 40% over the past 30 days.According to data from Cointelegraph Markets Pro and TradingView, FTM rose from a low of $0.26 on August 5 to a maximum gain of 103% on September 16, hitting an intraday high of $0.53.FTM/USD daily chart. Source: TradingViewBy comparison, Bitcoin (BTC) is down 4% over the past 30 days, while Ether (ETH) is down 12.6% over the same period. The total cryptocurrency…
MicroStrategy (ticker: MSTR), a business intelligence firm turned Bitcoin trading house, plans to sell up to $700 million in convertible bonds to fund additional BTC purchases and bond repurchases, CEO Michael Saylor announced. The private offering will be conducted “subject to market conditions” and mature in 2028. The notes are MicroStrategy’s unsecured preferred notes (a type of debt that is not backed by collateral) and bear interest twice annually. As of June 2024, MicroStrategy’s total debt is $3.9 billion. The company purchased 244,800 BTC worth approximately $10 billion, which includes: 18,300 Bitcoin According to filings with the U.S. Securities and…
Timothy Morano September 17, 2024 01:30 NVIDIA Maxine’s AI developer platform partners with Texel to deliver scalable, advanced real-time video and audio enhancement capabilities. The NVIDIA Maxine AI developer platform, featuring NVIDIA NIM microservices, cloud-accelerated microservices, and SDKs, is set to revolutionize real-time video and audio enhancement. According to the NVIDIA Technical Blog, the platform aims to improve virtual interactions and human connections through advanced AI capabilities. Enhanced virtual interaction Virtual settings often suffer from misaligned and distracting eye contact. NVIDIA Maxine’s Eye Contact feature addresses this by aligning the user’s gaze with the…
Hackers exploited Delta Prime’s upgrade feature to mine a large amount of tokens. More than $6 million worth of assets were stolen, including Bitcoin, Ether, and stablecoins. Attack exposes risks to upgradable contracts in decentralized finance. Delta Prime, a DeFi platform operating on the Arbitrum network, suffered a massive cyberattack when hackers exploited a vulnerability in the platform’s token minting system, resulting in over $6 million being stolen from its liquidity pools. The breach began when attackers stole a developer’s private key and took control of Delta Prime’s administrator account. The Delta Prime Hacking Incident Unfolds The hacker gained access…
Polygon’s POL (MATIC) has experienced a price crash. The POL crash was a result of a general market decline driven by macroeconomic speculation. The likelihood of a POL recovery will likely depend on the Fed’s expected interest rate decisions. Over the past few months, the price of crypto assets has moved in a steady and rhythmic pattern of one step forward and one step back. POL (formerly MATIC), the upgraded token of the Polygon PoS network, is no exception. The asset completely erased the gains it had made at one point over the recent weekend, outpacing the broader crypto market.…
The Bitcoin (BTC) price fell 4.1% between September 15 and September 16, dropping to $57,595 after being rejected from the $60,000 level. This decline wiped out the gains made on September 13, when the Bitcoin price surged from $57,890 to $60,580 in less than 10 hours.Some analysts attribute Bitcoin’s recent rally to the weakness of the U.S. dollar, which coincides with gold hitting all-time highs. Meanwhile, others argue that the bullish momentum on September 13 was fueled by $263 million inflows into Bitcoin spot exchange-traded funds (ETFs) and MicroStrategy’s recent $1.11 billion purchase of BTC.Bitcoin/USD (right) vs. Gold/USD (left). Source:…