Author: Crypto Flexs

According to CoinShares’ latest weekly report, cryptocurrency-related investment products recorded their first inflows totaling $130 million over the past week.These inflows represent a notable shift in investor sentiment after several weeks of negative trends across cryptocurrency markets. However, these inflows have not improved investor participation in the asset class as “ETP trading volumes continue to decline.”CoinShares research director James Butterfill noted that trading volume last week was $8 billion, compared to an average of $17 billion in April. He added:“These trading volumes highlight that ETP investors are currently less engaged in the cryptocurrency ecosystem, accounting for 22% of total trading…

Policy • May 13, 2024, 5:16 PM EDT Posted 1 minute ago In ~ President Joe Biden has issued an order banning a majority-Chinese-owned cryptocurrency mining company from owning property near an Air Force base in Wyoming, citing national security risk concerns.Biden also called for the sale of land one mile from the missile base at Francis E. Warren Air Force Base, AFP reported. name It was released Monday by the U.S. Treasury Department. The Treasury said MineOne Partners Limited, majority owned by China, acquired the property in June 2022 and altered it to make room for a cryptocurrency mining…

Solana’s DEX trading volume reached $1.3 billion, briefly surpassing Ethereum. Ethereum quickly regained the lead in DEX trading volume. Memecoin trading resulted in a temporary increase in trading volume for Solana. Thanks to its early start and network effects, Ethereum has long been a leader in decentralized finance (DeFi). However, Solana has recently experienced growth in the space thanks to its low fees and developer-friendly environment. Last week, Solana once again surpassed Ethereum’s trading volume on the decentralized exchange (DEX), causing investors to question Ethereum’s long-term prospects. Solana’s DEX Leads for EthereumOn Friday, May 10, Solana briefly surpassed Ethereum in…

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…

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…