May 7, 2024 Los Angeles, USA, Chainwire Global brands and talent can use Ethernity’s technology to store their IP on chain and engage with fans through next-generation content and experiences. Ethernity, the renowned platform for authenticated and licensed NFTs with icons such as Lionel Messi and Shaquille O’Neal, announces a breakthrough into its pioneering layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape by directly addressing the challenges faced by major brands like Amazon, Marvel, and Warner Brothers as they embrace blockchain technology. Ethernity’s interactions with global entertainment brands revealed significant barriers…
Author: Crypto Flexs
In an effort to showcase the potential of embedded blockchain technology as well as introduce Ethereum to the world (even without light nodes), we are excited to announce the launch of “erπ” Ethereum. On-Raspberry Pi Program. As part of our program, we are providing our global community with a complete kit to deploy a full Ethereum node on the internet. The kit includes a Raspberry Pi (version 2) preloaded with all the software needed to run an Ethereum Frontier node, a power connector, and an SD card. The only things the applicant must provide are power and internet. Before you…
After the launch of the Miden Alpha Testnet, Polygon said users will be able to generate evidence for state transitions locally. Sandeep Nailwal, co-founder of Polygon Layer-2 blockchain, shared his vision for the recently launched Miden Alpha Testnet. According to Polygon, the Miden Alpha Testnet is a zk-sovereign chain designed specifically for developers. Goals of Polygon MidenVM Nailwal describes the platform as an alternative virtual machine (VM) similar to SolanaVM or MoveVM that implements several pioneering paradigms. The co-founders say that MidenVM’s goal is to allow high throughput and low latency applications such as Order Book DEX and persistent swaps.…
Funding • May 7, 2024 3:49 PM EDT Posted 1 minute ago In ~ Grayscale’s spot Bitcoin ETF ended its 78th consecutive day of outflows after recording two consecutive days of net inflows.Bloomberg ETF analyst James Seyffart told The Block that he’s not sure what’s causing the fluctuations, but there could be a few different explanations.“It could be a short-term tactical trade, or it could be some kind of pairs trading, where the fees are much less relevant over a short period of time,” he said.Last January, Grayscale launched an ETF that converted its flagship GBTC fund into a physical…
May 7, 2024 Los Angeles, USA, Chainwire Global brands and talent can use Ethernity’s technology to store their IP on chain and engage with fans through next-generation content and experiences. Ethernity, the renowned platform for authenticated and licensed NFTs with icons such as Lionel Messi and Shaquille O’Neal, announces a breakthrough into its pioneering layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape by directly addressing the challenges faced by major brands like Amazon, Marvel, and Warner Brothers as they embrace blockchain technology. Ethernity’s interactions with global entertainment brands revealed significant barriers…
XRP has seen selling pressure dissipate over the past few days. The possibility of another price drop still remains. Ripple (XRP) made some gains last week but has yet to show an upward trend. Trading volume rose on Monday, May 6, the day of the court briefing. Technical indicators and price action did not favor a bullish bias. According to the AMBCrypto report, Weighted Sentiment was on the decline. Another report highlighted that one indicator indicates a potential price decline is imminent due to age consumption indicators. Resistance in the mid-range again turned off buyers. Source: XRP/USDT on TradingView The…
Fantom (FTM), the Layer 1 (L1) protocol, and its native token, FTM, experienced significant gains and notable performance in the first quarter of 2024 (Q1). According to comprehensive performance analyze Amid the emerging cryptocurrency bull market, Fantom by Messari has emerged as one of the major beneficiaries, showing significant growth in key indices and market capitalization. FTM market capitalization surges 101% QoQ By the numbers it looks like FTM is running around market capitalization It saw a 101% quarter-on-quarter (QoQ) increase, jumping from $1.3 billion to $2.6 billion, moving up 10 places to #48 (now #58) among all tokens. The…
Leading cryptocurrency asset manager Grayscale has abandoned plans to offer an exchange-traded fund (ETF) for Ethereum futures and withdrew its application for a rule change to the Securities and Exchange Commission (SEC) on Tuesday.The withdrawal notice for the proposed Grayscale Ethereum Futures Trust ETF does not specify why Grayscale changed its plans and only cites multiple delays raised by the SEC since it was first filed on September 19, 2023. Proposals will be reviewed on November 15, December 18 and finally on March 22 of this year.ETF analyst James Seyffart bloombergHe said it was an interesting move.“In my view, this…
RD Technologies, a leading blockchain solutions provider, has entered into a strategic partnership with Chainlink, the industry-standard decentralized oracle network, to facilitate secure and reliable cross-chain transfers of the Hong Kong Dollar (HKD) stablecoin. This integration is an important milestone that will improve interoperability and accessibility within the cryptocurrency ecosystem, enabling seamless transactions across various blockchain networks. HKDR is a trustworthy and open stablecoin for payments and other purposes that supports the Hong Kong dollar 1:1. To explore the use of HKDR in B2B cross-border payments, virtual asset exchanges and tokenized real-world asset payments, RD Technologies has currently signed agreements…
Posted 1 minute ago In ~ Grayscale’s proposed listing and stock trading of its Ether futures exchange-traded fund has been withdrawn, according to a new document filed on Tuesday.grayscale application Ethereum ETH -1.96% According to the Securities and Exchange Commission (SEC), the Futures Trust ETF submitted by NYSE Arca, Inc. in September last year was withdrawn on May 3.“On May 3, 2024, the exchange withdrew the proposed rule change (File No. SRNYSEARCA-2023-63),” according to the filing.It is unclear why the proposal was withdrawn. NYSE Arca declined to comment. Grayscale did not immediately respond to a request for comment.The SEC previously…