In a significant move in the blockchain industry, EMURGO, a key contributor to the Cardano blockchain, announced a strategic partnership with GSR, a global cryptocurrency trading company. This collaboration will enrich the Cardano ecosystem by integrating GSR’s powerful suite of services, including market making and liquidity provision. This partnership will cover several key areas: Strengthening Liquidity: By providing deeper liquidity provision, the partnership aims to improve market formation within the Cardano network. venture investment: Identifying and capturing venture investment opportunities within the Cardano ecosystem will be a top priority. Improved interoperability: We will work to increase user interoperability between various…
Author: Crypto Flexs
Posted 1 minute ago In ~ Bryan Pellegrino, co-founder and CEO of LayerZero Labs, said that up to 100,000 addresses onLayerZero Labs, known as a key contributor to the LayerZero interoperability protocol, recently implemented a self-reporting mechanism as part of its strategy to address the widespread issue of Sybil attacks, where individuals create multiple accounts to unfairly influence token airdrops.The team promised participants 15% of the planned future token allocation without any questions asked. Another option was to prevent that user from receiving assignments. The response was significant, with 100,000 addresses reported.Pellegrino noted the importance of the data collected, saying…
Russian authorities have reportedly proposed imposing hefty fines on suspected cryptocurrency miners operating on residential properties. Authorities may also consider amending administrative laws to impose liability on those who misuse electricity. Proposed measures to curb increasing cases of power outages Russian authorities say civilian(…)
Two senators wrote a letter to the Justice Department challenging FinCEN’s “unprecedented interpretation” of the rules used to sue cryptocurrency mixers. Senators Cynthia Lummis (R-Wyo.) and Ron Wyden (D-Ore.) joined U.S. Attorney General Merrick Garland and the Department of Justice (DOJ) in relation to the ongoing crackdown on cryptocurrency mixers known to operate as illicit money transmitters. petitioned. Senator Wyden emphasized that holding non-custodial cryptocurrency software developers liable for alleged criminal conduct would violate the First Amendment and overturn years of legal precedent. The issue stems from the Financial Crimes Enforcement Network’s (FinCEN) view that any cryptocurrency mixer or service…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportFinancial analyst turned stock and meme influencer Roaring Kitty is back on social media. While he didn’t directly mention GameStop (the stock that has gone on a roller coaster ride, sparking global headlines and documentary films) in his return to Twitter on Sunday, he nonetheless briefly doubled the price of GME and a 1,900% surge in the Solana-based tribute coin. I did. Also called GME.Is there a connection between failed…
Alby Wallet – A multipurpose tool for Bitcoin users Alby Wallet is a browser extension designed to simplify the use of Bitcoin and Nostr directly within your web browser. Bitfinex. This powerful tool allows users to manage multiple Lightning wallets and use Bitcoin apps seamlessly. Additionally, fast and secure transactions are possible without scanning QR codes or switching apps. Alby Wallet also allows you to manage and generate Nostr keys, allowing users to participate in the decentralized social network. This feature supports content creators by enabling direct payments via the Lightning Network, providing them with…
Ethereum price fell almost 10% in one week. Technical analysis suggested a near-term recovery, with key indicators indicating a decline in investor interest. Ethereum (ETH) price has seen significant declines, falling nearly 10% over the past week and 1% over the past day, hitting a 24-hour low of $2,868. This decline is even more pronounced compared to Bitcoin (BTC), which has broken notable price points despite current market conditions. The decline in Ethereum market performance is due to several factors, including massive whale activity and selling pressure in the market, which has led to significant volatility. Indicators of Declining Investor…
As cryptocurrencies redefine the financial landscape, Ethereum and TON tokens are seeing significant activity in the market. While Ethereum faces scalability issues that impact its market position, TON token leverages strategic partnerships to increase its market capitalization ranking. In these changes, BlockDAG It stands out with its strong roadmap and upcoming X1 mobile mining application, making cryptocurrency mining more accessible and efficient, potentially positioning it as a viable player with notable market impact by 2025. Ethereum price crash and Bitcoin’s shadow The 10x Research report raised concerns about fundamental issues affecting Ethereum’s ecosystem and Bitcoin, given the close correlation. Ethereum,…
join us telegram A channel to stay up to date on breaking news coverage Toncoin price has surged 20% in the past 24 hours, trading at $7.2793 as of 8:23 AM ET, with trading volume surging 210%. It comes amidst the hype around the Catizen GameFi expansion following Fanton’s announcement. Based on X’s post, P2E game Fanton and cat-themed metaverse Catizen have come together in a collaboration that will benefit TON. ⚽️ Pantone ✕ Katigen 😼 We are excited to announce our amazing collaboration with Pantone!🔥Let’s join forces to develop TON! 👉 About Pantone:📚 Fanton is a peer-to-peer game where…
Market • May 13, 2024, 8:54 PM EDT Posted 1 minute ago In ~ Bitcoin selling is likely to grow as token miners face pressure to offload their holdings due to a steep decline in revenue, according to data from cryptocurrency research and analytics firm Kaiko. Bitcoin miners rely heavily on two sources of revenue: mining rewards and transaction fees.But both companies have been posting more modest gains in recent weeks. April’s halving event, which long ago saw mining rewards coded and reduced from 6.25 BTC to 3.125 BTC, created a unique headwind for miners looking to cover their overhead.…