join us telegram A channel to stay up to date on breaking news coverage Pre-sale and early investors are now celebrating massive returns from Slothana, Solana’s most popular new meme coin. According to data from DexTools, the $SLOTH token has risen 107% in the past 24 hours to hit an all-time high of $0.032. $SLOTH launched earlier this month after raising an eye-popping $15 million through a month-long pre-sale that ended in April. The tokens hit the market on Wednesday after being airdropped to buyers. Meme coins are being pumped hard these days. A steady series of developments appear to…
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Solana Meme Coin Penguiana Raises 800 SOL in First 7 Days of Presale, P2E Game Demo Set to Release Next Month – Chainwire housenewsroomSolana Meme Coin Penguiana raises 800 SOL in first 7 days of pre-sale, P2E game demo to be released next month We use cookies to make Chainwire’s website a better experience. Cookies help us give you 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…
Posted 1 minute ago In ~ Layer3 has announced that it will launch its governance and utility token, $L3, with an initial launch scheduled for this summer. Posted on.According to the protocol, the total supply consists of: Of the 300 million tokens, 51% will be allocated to Layer3 community members. Layer3 Foundation plans to release detailed token economics in June 2024.“Holders can participate in governance regarding specific aspects of the protocol as well as stake to access enhanced utility across products built on top of the protocol, including incentives in eligible circumstances,” Layer3 said. Blog post.According to Layer3, “The initial…
Ethereum is currently struggling to regain momentum for the first quarter of 2024, near the psychological $3,000 level, but one trader remains bullish. Let’s look at X, the analyst. post Despite the price trading 30% above its March 2024 high above $4,000, there are several reasons that override the concerns of skeptics. This presents an overly pessimistic outlook for the second most valuable cryptocurrency, so doubts about future profits may be unfounded. Why Ethereum is Under Stress: Here’s Why Ethereum is in a downward trend as of press time following steep losses in mid-April. Although there were hints of strength,…
Binance and KuCoin achieve FIU-IND approval, marking a milestone in Indian cryptocurrency regulation. KuCoin pays $41,000 fine as Binance awaits penalty decision during compliance process. The exchange’s return to India signals the growing acceptance of cryptocurrencies in the country’s regulatory framework. Significant developments in the cryptocurrency industry In India, two major exchanges, Binance and Kucoin, have secured registration approval from the Financial Intelligence Unit of India (FIU-IND), marking a pivotal moment in the country’s journey towards regulatory compliance. This comes after months of negotiations and challenges after both exchanges were banned over allegations of illegal operations. Binance and KuCoin re-enter…
Blockchain technology has brought about tremendous change in several industries, including online casinos. Its decentralized and transparent nature has the potential to alleviate some of the critical challenges facing online casinos, such as trust, security, and fairness. cryptocurrency casino Blockchain technology is revolutionizing the functioning of online casinos by cutting out the middleman and providing a secure and reliable operating platform. Blockchain technology can help players restore trust in the fairness of online casinos, while the technology’s transparency can ensure players’ personal and financial information is safe.In this article, we will look at how blockchain technology is being integrated into…
A significant development for Ethereum saw the average gas fee on the network drop to 6.8 Gwei, the lowest level since January 2020, as seen on YCharts. This reduction in gas fees makes all on-chain operations, including asset swaps, cross-chain bridging, and issuing non-fungible tokens (NFTs), significantly more affordable for users. Ethereum average gas price. | Source: YCharts Reduce Ethereum fees with Dencun upgrade The plunge in transaction fees has impacted several operations on the Ethereum network. For example, according to data from Etherscan, an asset swap can now be executed at $7.32, a bridging at $2.35, a loan at…
New York, NY, May 7, 2024, Chainwire Spectral is pleased to participate in Hugging Face’s expert support program. Spectral is working with deep learning experts at Hugging Face to advance open source models, datasets, and applications for the on-chain agent economy. How to use Hugging Face Hugging Face plays an important role throughout the Spectral organization. Through our expert support program, Spectral meets regularly with the Hugging Face team to plan new use cases, formulate data set construction strategies, and develop training strategies. Earlier this year, Spectral launched Syntax, which consists of a fine-tuned LLM orchestrator that routes queries between…
The U.S. Department of Justice (DOJ) has appointed the Forensic Risk Alliance (FRA) as an external watchdog for cryptocurrency exchange Binance, Bloomberg reported, citing sources familiar with the matter. FRA, a London-based provider of forensic accounting and compliance consulting services, beat Sullivan & Cromwell to take the job, Bloomberg added. Binance must be monitored for three years as part of a plea deal with the DOJ regarding money laundering violations. Monitoring involves third parties ensuring legal compliance of nominated persons in an effort to enhance transparency and compliance. Analysts have previously stated that Binance’s surveillance would be “difficult” for the…
Ethereum Foundationa non-profit organization that supports the Ethereum ecosystem, recently transferred Ethereum. A significant amount of ETH. Considering what this transaction means, it has caught the attention of the cryptocurrency community and is already speculating whether it could become a market leader. Ethereum Foundation moves 1,000 ETH On-chain analysis platform SpotOnChain Published on X (formerly Twitter) post The news is that the Ethereum Foundation transferred 1,000 ETH ($3 million) to an intermediate multi-signature wallet (0xbc9) on May 8th. This development is even more concerning since SpotOnChain revealed that the foundation has made other transactions since early 2024. Related Reading According…