Author: Crypto Flexs

New York, NY, May 24, 2024, ChainwirePlayFi, an AI-powered data network and blockchain tailored to the gaming industry, today announced plans to conduct a pre-sale of exclusive node licenses on its Polygon PoS network. This sales placement on the Polygon network marks PlayFi’s entry into the market and demonstrates its commitment to integrating blockchain technology into the traditional gaming world. “We believe that launching the pre-sale of node licenses on PoS marks a pivotal moment for how blockchain can play a role in creating new innovations in gaming,” said Franklin Mongiove, Head of Partnerships at PlayFi. “The blended vision of…

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Happy Bitcoin Pizza Day! Today we celebrate Laszlo Hanyecz’s historic Bitcoin-Pizza trade. This was the first time Bitcoin was used as a currency to exchange physical goods. You can read Laszlo’s original bitcoin-for-pizza bitcointalk.org forum post here. This year, instead of focusing on Laszlo’s incredible opportunity cost (yes, 10,000 Bitcoins are currently worth about $700 million), let’s pay tribute to the incredible assets on both sides of this transaction. The aromatic appeal of freshly baked pizza and the first inspiration for interest in Bitcoin may seem completely different. But delve deeper into their boring, digital depths and surprising similarities emerge.…

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Our weekly news roundup from East Asia selects the most important developments in the industry. Hong Kong regulators are considering spot staking for EtherETF. Hong Kong regulators are considering allowing the issuer of a cryptocurrency ETF in the East Asian city to stake Ether it manages. According to reports, discussions to approve ETH staking are currently underway, with no clear deadline for a decision. Once approved, staking on the Ethereum network will allow you to earn up to 3.6% per year with your transactions verified by the issuer. However, since its launch on April 30, the Hong Kong spot Ether…

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Multipool partners with Mobilum to provide users with DeFi on/off ramp from Fiat – Chainwire housenewsroomMultipool has partnered with Mobilum to provide users with a DeFi On/Off ramp from Fiat. We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with 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 over electronic communications networks. Technical storage or…

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Special thanks to Robert Sams for the development of Seignorage Shares and insights regarding how to correctly value volatile coins in multi-currency systems Note: we are not planning on adding price stabilization to ether; our philosophy has always been to keep ether simple to minimize black-swan risks. Results of this research will likely go into either subcurrencies or independent blockchains One of the main problems with Bitcoin for ordinary users is that, while the network may be a great way of sending payments, with lower transaction costs, much more expansive global reach, and a very high level of censorship resistance,…

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The Securities and Exchange Commission’s Exchange and Markets Division, rather than the agency’s commissioner, voted to approve the forms for numerous positions. Ethereum ETH +1.27% Exchange traded fund. By Order Approving Form 19b-4 ETF from There was a line at the end of BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton telling us how decisions were made.“In the case of the Commission, by the Department of Trade and Markets in accordance with its delegated powers.” Bespeak read. This means that the SEC’s Trading and Markets Division, not SEC Chairman Gary Gensler or the other four commissioners, made…

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Marc Boiron, CEO of Polygon Labs, came under fire for supporting a memecoin inspired by his pet. This criticism led to a heated exchange with the head of Polygon Labs to weed out his detractors. The criticism follows claims of a pump-and-dump project orchestrated by Polygon insiders. Memecoin’s fun and playful nature means it can be inspired by anything, including the pets of influential figures. A prime example is Elon Musk’s Shiba Inu-inspired Floki Inu, which has the same name. With the memecoin market experiencing a resurgence over the past year, this trend appears to have started with the Polygon…

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In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of a spot Ethereum exchange-traded fund (ETF), paving the way for institutional investors to gain direct exposure to the world’s second-largest cryptocurrency. The move comes just five months after the agency gave approval to launch a Bitcoin ETF, marking a seismic shift in the cryptocurrency regulatory landscape in the United States. TLDR The U.S. Securities and Exchange Commission (SEC) has approved the launch of a spot Ethereum ETF. This approval comes just five months after the SEC gave the green light for Bitcoin ETFs to…

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Transak integrates USDT into TON, improving cryptocurrency accessibility for over 5 million users. Integration supports popular wallets including Tonkeeper, Trust Wallet, and Telegram. TON Foundation invests 11 million Toncoins to increase USDT adoption and user incentives. Transak, a leading fiat-to-crypto onramp company, announced the integration of the Tether (USDT) stablecoin onto the Open Network (TON) blockchain. This listing follows a strategic collaboration between the TON Foundation and Tether, which was unveiled at the TOKEN2049 event held in Dubai on April 19, 2024. The collaboration leverages TON’s highly scalable blockchain technology, Telegram’s massive user base of over 900 million users, and…

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