On Binance, the world’s largest cryptocurrency exchange by trading volume, more than 80% of newly listed cryptocurrencies are in deficit.Over the past six months, more than 80% of listed tokens have lost value since listing, creating a worrying impact for investors looking for the latest cryptocurrencies.According to a May report from pseudonymous cryptocurrency researcher Flow, five of the 31 tokens analyzed included Memecoin (MEME), Ordi (ORDI), the Solana-based Jupiter (JUP) token, Jito (JTO), and Dogwifhat (WIF). Only coins were evaluated. 17Binance tokens listed in the last 6 months. source: flowAccording to intergovernmental blockchain expert and author Anndy Lian, the fact…
Author: Crypto Flexs
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A glimpse into the generative AI market In an interesting episode of the AI + a16z podcast, a16z partners Guido Appenzeller and Matt Bornstein examine the state of the generative AI market, which has seen significant growth since the launch of ChatGPT about 18 months ago. Discussions range from the emergence of powerful open source LLMs to topics on AI-generated music. unpredictable growth patterns Although the AI market has made significant technological advancements and companies are generating significant revenue, it remains a fluid space. Bornstein observes a sawtooth growth pattern for almost all AI applications…
Flexado announced a new partnership with iDenfy aimed at streamlining the onboarding process for virtual office clients by integrating advanced KYC and AML compliance solutions. Known for transforming the office environment through remote virtual office services, Flexado provides businesses with a professional location without the high costs associated with it. iDenfy, a leader in identity verification and fraud prevention, will support Flexado in ensuring full compliance with regulatory requirements. This collaboration will enable Flexado to automate customer onboarding through iDenfy’s AI-based solutions. These tools ensure a smooth and secure experience for users by verifying identity and checking for AML compliance.…
join us telegram A channel to stay up to date on breaking news coverage A group of cryptocurrency community members have joined forces to create a decentralized meme coin called NotWifGary (NWG) to take on the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. With the token launch, the team aims to take a stand “against Gary Gensler and the SEC,” according to X on May 15. post From the project’s official account. “NotWifGary ($NWG) will be a memecoin, more specifically CultureCoin. “It will be launched in the most decentralized way possible, with a truly fair launch.” Both…
Mintlayer and Salus join forces to power Bitcoin with L3 ZK-based Thunder network – Chainwire housenewsroomMintlayer and Salus join forces to power Bitcoin through L3 ZK-based Thunder network 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 access is…
Bitcoin (BTC) continued its pressure on indirect liquidity on May 17 as analysis predicted a new “golden cross” in the lower period.BTC/USD 4-hour chart. Source: TradingViewBitcoin chart bullish signals pile upData from Cointelegraph Markets Pro and TradingView shows BTC price action is near its highest level since mid-April.Liquidity above $67,000 remains a force for upside, totaling $75 million at the time of writing, according to data from monitoring resource CoinGlass.BTC liquidation heatmap (screenshot). Source: CoinglassBitcoin is still below its 2024 and 2021 all-time highs, but it has nonetheless excited market observers, with popular pseudonym trader Mustache highlighting two trend lines…
The Worldcoin Foundation has launched and open sourced its new SMPC system. Open source enhances security through transparency. Worldcoin hopes to comply with global security regulations. Worldcoin, a cryptocurrency project co-founded by OpenAI’s Sam Altman, has been criticized for its practices around protecting user data. Security is key as the company handles users’ sensitive biometric information, and the company has already faced security breaches in the past. In response to these criticisms, Worldcoin has taken steps to ensure better security. Most recently, the company launched and open sourced its Secure Multi Party Computing (SMPC) system to enhance the security of…
Dogecoin revised gains and tested the $0.150 area against the US dollar. DOGE is now forming a base and could start a new hike above $0.1520. DOGE price surged to $0.160 before a profit correction. The price is trading near the $0.150 level and above the 100-hour simple moving average. On the hourly chart of the DOGE/USD pair, there is a major bullish trendline with support at $0.1485 (data source from Kraken). The price should stabilize above $0.1540 to move into positive territory and start a new surge. Dogecoin price maintains support After a steady rise, Dogecoin price faced resistance…
Coinbase analyst David Han said the market may be underestimating the likelihood of a potential spot. Ethereum ETH +4.18% Approval for exchange-traded funds comes despite widespread market consensus that won’t materialize anytime soon.“We believe the market is underestimating the timing and probability of potential approval,” one mayor wrote in a report Thursday. “Ethereum has the potential to see incredible upside in the coming months and we don’t see any major issues on the supply side, such as token unlocks or mining machine selling pressure.”The Securities and Exchange Commission (SEC) has set May 23 and May 24 as key deadlines to…
join us telegram A channel to stay up to date on breaking news coverage Chainlink’s price has surged 17% in the past 24 hours, trading at $16.33 as of 4 a.m. ET, with trading volume surging 217% to $1.08 billion. According to CoinMarketCap, this was enough to make LINK the biggest gainer among the top 100 cryptocurrencies by market capitalization. Chainlink’s price surge began almost simultaneously with the announcement of results from a new Smart NAV industry project between DTCC, Chainlink, and 10 of the world’s largest financial institutions. Their collaboration helps provide key mutual fund data on-chain. The project…