Trading volume on Binance’s BNB Chain decentralized exchange (DEX) surpassed $700 million for the first time since May 2, according to Artemis data. This increase in DEX trading volume indicates increased user activity and participation on the BNB Chain network. The increase in DEX trading volume on the BNB Chain marks a reversal from the downward trend seen in mid-April. During this period, DEX trading volume did not exceed or touch $1 billion, suggesting that trading on the chain may be sluggish. The correlation between DEX trading volume and demand for the native cryptocurrency, BNB, is significant. Higher DEX volume…
Author: Crypto Flexs
Dubai, United Arab Emirates, May 13, 2024, ChainwireBybit Web3, the Web3 division of Bybit, one of the world’s top three cryptocurrency exchanges by trading volume, today announced an initial DEX offering (IDO) for Thetanuts (NUTS) on its Web3 platform. “Bybit Web3 is excited to provide our community with early access to Thetanuts, the leading DeFi options protocol redefining the altcoin options landscape,” said Emily Bao, Bybit Web3 Evangelist. “Thetanuts’ impressive TVL demonstrates strong community support and highlights the project’s potential to shape the future of DeFi options trading.”Thetanuts – The Leading Decentralized Options ProtocolLaunched in August 2021, Thetanuts Finance is…
iFinex signs partnership with El Salvador government Bitfinex’s parent company, iFinex, has entered into a partnership with the government of El Salvador to develop a strong legal framework for digital assets and securities. This partnership is an important step in establishing comprehensive legal guidelines for digital assets in El Salvador and paving the way for the issuance and trading of digital financial products. A new era of digital assets in El Salvador With its extensive experience in operating trading platforms, iFinex will help El Salvador enact laws, regulations and guidelines related to cryptocurrencies. The company…
I’m trying to connect to a local testnet3 node using custom Rust code. After the handshake, the node sends: sendcmpct This is a message according to BIP152. The message I received was (11, 17, 9, 7, 115, 101, 110, 100, 99, 109, 112, 99, 116, 0, 0, 0, 9, 0, 0, 0, 233, 47, 94, 248) where 11, 17, 9, 7 It’s a network 115, 101, 110, 100, 99, 109, 112, 99, 116, 0, 0, 0 Command (12 bytes). 9, 0, 0, 0 Length of the included payload (little endian). and 233, 47, 94, 248 This is the checksum. There…
summary: We are pleased to announce that applications are now open for the fifth cohort of the Ethereum Protocol Fellowship (EPF5). EPF provides a path for aspiring protocol contributors to make meaningful contributions to Ethereum. In each cohort, a diverse group comes together to achieve the following goals: Advances in Ethereum technology During communion. This includes everything from developing client implementations, testing and specifications, and participating in the latest core protocol research. The program provides fellows with a unique opportunity to collaborate with other talented individuals, connect with current Ethereum core developers and fellow peers, and make a significant impact…
Bitcoin (BTC) price rose 3% on May 13 as cryptocurrency traders anticipated price volatility ahead of this week’s U.S. macroeconomic data update.According to data from Cointelegraph Markets Pro and TradingView, the intraday BTC price hit a high of $63,269 on Coinbase shortly after Wall Street opened on May 13.BTC/USD daily chart. source: TradingViewThis week, market participants await U.S. inflation data that will help the Federal Reserve decide whether to cut interest rates in 2024. The U.S. Producer Price Index (PPI) will be released on Tuesday, May 14th, and the Consumer Price Index (CPI) will be released on May 15th. According…
Polygon, formerly called Matic Network, is now the leading Ethereum Layer 2 scaling solution that delivers faster and cheaper transactions while maintaining the safety and decentralization of the Ethereum blockchain. Among the many differentiating factors in the Polygon ecosystem is a consensus mechanism called Proof of Stake (PoS), where MATIC holders raise their tokens for staking to earn a percentage of all costs associated with system security and approval processes. . This article provides introductory information about Polygon (MATIC) staking, including what it involves, why you should use it, and how to get started.Understanding Polygon (MATIC) Staking“Staking” on Polygon’s network…
Tim Draper’s VC firm Draper Associates led Zest Protocol’s $3.5 million seed round. Among the major participants are Binance Labs, Trust Machines, and Bitcoin Frontier Fund. Billionaire Tim Draper led a $3.5 million seed round investment in Zest Protocol, an on-chain Bitcoin lending platform. In addition to the billionaire’s venture capital firm Draper Associates, the round saw participation from Binance Labs, Trust Machines, and Flow Traders. Bitcoin Frontier Fund, Gravity Fund, Primal Capital, Hyperithm, Miton Crypto, Tykhe Block Ventures, and Elixir Capital also participated. Zest will use the funds to expand its decentralized peer-to-peer lending business, according to details published…
A new filing with the Securities and Exchange Commission highlights key figures from HODL, a spot Bitcoin exchange-traded fund (ETF) issued by investment manager VanEck’s digital assets division. HODL’s Bitcoin investments during the first fiscal quarter ending March 31, 2024 were 8,711 BTC, valued at $619,067,103, and the fund’s net assets increased by $109 million, according to Monday’s filing. HODL also had Bitcoin investments of $20 million in total debt as of March 31, net realized gains of $6 million, and 8.2 million shares outstanding as of April 30, 2024. The VanEck Bitcoin Trust, known as HODL, is an investment…
Now, let’s get straight into Hot Devil Slot. The devil is expected to lurk in the details, or lack thereof. The cover features a bombshell demon oozing wild adventure, wielded by AI magic (because why not?). Where have you ever heard of a devil who is a very chill and laid-back friend? Aside from Little Nicky, of course, there’s always a rent-free spot on my Netflix wish list. What I do know is that if I were to meet the devil, I would never expect to crack open a few bottles and catch up on a Eurovision performance while laughing…