Posted 1 minute ago In ~ Degen Chain, the layer 3 Ethereum-based blockchain developed for the Degen meme token, appears to have experienced some downtime, halting new block production and affecting related services.The outage began unexpectedly, with the network halting verification of new transactions for more than 11 hours, according to the block explorer. The outage came to light when the network experienced a network outage at block #15524774 around 4:15 PM ET on Sunday.The downtime caused various decentralized applications and bridges on Degen Chain, including the Relay bridge, DegenSwap, Mint Club, and Frogswap, to become completely inoperable. Therefore, users…
Author: Crypto Flexs
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The lead artist at Bitcoin art community “Nurorealm” said it was a “dream come true” to have his 3D artwork engraved on the “epic toe” he won at a recent auction. “(This work of art is one of the most valuable digital assets in existence today and is etched on the most valuable digital canvas of all time),” said “Nuro” in a recent interview with Cointelegraph.Nuro and fellow Bitcoin art community “Book of Blob” won an auction on April 25, successfully acquiring the latest epic satoshi, the first satoshi mined in the new Bitcoin halving block mined by ViaBTC.“Winning the…
It is reported that China’s digital currency project still has serious problems. There are reports that some Chinese state workers who are paid in “e-CNY”, or digital yuan, are barely using it and are converting it to real cash. According to a May 13 report in the South China Morning Post, some Chinese cities have started paying government employees in CBDC, but most early adopters have immediately converted it to cash. “I prefer not to keep my money in the e-CNY app because there is no interest if I leave it there,” said Sammy Lin, an account manager at the…
Introducing Polygon Amoy TestnetPolygon Network, a leading platform for Ethereum scaling and infrastructure development, has introduced the Polygon Amoy testnet. This testnet allows developers to test decentralized applications (dApps) before deploying them on the Polygon mainnet.One of the key features of the Amoy testnet is the integration of the Chainlink Cross-Chain Interoperability Protocol (CCIP). CCIP facilitates the creation of cross-chain applications, providing a less fragmented Web3.Amoy Testnet MATIC token acquisitionMATIC tokens are required for developers and users to interact with the Amoy testnet. However, this is not a regular MATIC token used on the Polygon…
Near Protocol’s official On May 8, at approximately 6:18 PM UTC, Near Protocol’s X account posted a 27-second video of a Morse ode without providing any context. Cointelegraph decoded the message: “Darkness is coming.”source: short range protocolTwo hours after the cryptic message was tweeted, Near’s The messages included ‘The sun rises in the east’, ‘Withdraw your thoughts’, ‘Darkness’, and ‘Regain your sovereignty’. Near’s account name and description were also changed to match the tweet’s gothic theme. The screenshot below shows the X account configured with Near Protocol and related tweets.source: short range protocolNear Protocol did not respond to Cointelegraph’s request…
Ethereum price is gaining bearish momentum below $2,950. ETH may continue to decline towards the $2,550 support in the near term. Ethereum struggled to break the $2,950 resistance and started a new downtrend. The price is trading below $2,920 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance at $2,910. A break below the $2,850 support could see the pair gain bearish momentum. Losses widen due to Ethereum price Ethereum price failed to continue rising above the $2,950 resistance level like Bitcoin. A high was reached…
index In the current relief rally, leading cryptocurrency Bitcoin has fallen back to $62,500, while other cryptocurrencies have recorded massive declines. JPMorgan made headlines with its analysis as it maintained a cautious stance on Bitcoin and Ethereum in the near term, suggesting there are no immediate catalysts for a bullish price move. Meanwhile, KangaMoon (KANG) has secured over $6.5 million in revenue funding and could become the next 100x altcoin in 2024.JPMorgan said Bitcoin will remain weak in the near term.Wall Street giant JP Morgan has maintained a cautious stance on the cryptocurrency market and indicated that there is no…
So I’m using public node for Bitcoin node integration and previously I used sendtoaddress method to build, sign and broadcast transactions on the node. But now the sendtoaddress method is not allowed on public nodes due to privacy reasons due to private key disclosure, so we have to create, sign and broadcast the transaction locally offline. I’m using Ruby on Rails (openware/peatio). Here is my code so far: I am using the Bitcoinrb gem ( https://rubygems.org/gems/bitcoinrb ). TESTNET_BASE_URL = “https://blockstream.info/testnet/api/address/”.freeze MAINNET_BASE_URL = “https://blockstream.info/api/address/”.freeze def create_transaction!(transaction, options = ) env = @currency.dig(:key)&.include?(‘testnet’) ? “testnet” : “mainnet” ::Bitcoin.chain_params=(env) key = ::Bitcoin::Key.new(priv_key: @wallet.fetch(:secret))…
Activity on the Bitcoin (BTC) network is nearing all-time lows, with traders slowing down significantly in the two months since Bitcoin reached all-time highs. Insights from data analytics firm Santiment show a slowdown in on-chain activity on the Bitcoin network over the past few months, revealing a nuanced picture of the current state of the cryptocurrency. In a May 11 update to X, Santiment highlighted that on-chain activity on the Bitcoin network was at its lowest level since 2019. This observation stems from a noticeable downward trend in various indicators, including trading volume, daily active addresses, and whale trading. count.…
Hello, Etherians. is it so Mihai Allissierone of Ethereum founderAnd for the past year, I have served as Vice President of the Ethereum Foundation and Director of Ethereum Switzerland. In the early stages of the project, we focused on the community aspect. holon idea For distributed physical infrastructure. Over the past few months, I have been thinking about what the next project steps should be and how we can create favorable conditions for a thriving community and smart contract ecosystem. In this post I will propose an experiment for the Ethereum community. That means getting back to what I wanted…