This article was published in Bitcoin Magazine. “The half-life problem”. click here To get an annual Bitcoin Magazine subscription.Setting aside certain days for celebration, commemoration or remembrance is an almost universal practice among humans. Although different cultures and religions have their own customs and traditions, humanity as a whole seems to share a fundamental tendency to recognize certain events as distinct from ordinary days. Finally, something we can all agree on! The word “holiday” or holy day literally means a set day, but there are also examples of special events that extend beyond 24 hours, such as Hanukkah, Ramadan, or…
Author: Crypto Flexs
Compared to previous quarters, total value locked (TVL) in decentralized finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has achieved tremendous growth compared to previous quarters. This surge can be attributed, at least in part, to Ethereum’s liquidity re-staking activity, which was the driving force behind the DeFi TVL price expansion. Protocols like Lido and EigenLayer have been essential to this growth as they have contributed to the widespread adoption of liquid staking and re-staking. According to a recent study, DeFi TVL increased significantly from a low of $36 billion…
Binance, a popular cryptocurrency exchange, recently announced planned system upgrades to improve the overall performance and stability of the platform. The upgrade is scheduled to take place from 06:30 (UTC) to 09:30 (UTC) on April 23, 2024. According to a notice posted on the Binance support website, the system upgrade aims to improve user experience by addressing existing performance issues and ensuring a more stable trading environment. During the upgrade, users may experience system errors while accessing the Binance website or using the Binance app. Services affected during the upgrade period include new user registration,…
Singapore, Singapore, April 18, 2024, Chainwire At a press conference in Dubai, Aethir Edge debuted as the pioneering edge computing device and first certified miner from Aethir, one of the industry’s leading decentralized cloud computing infrastructure providers together with Qualcomm. This will allow users to mine 23% of the supply of $ATH, Aethir’s native token. Integrated with decentralized cloud networks to overcome centralized barriers, Aethir Edge combines unparalleled edge computing capabilities, decentralized access, and exclusive rewards. The future of distributed edge computing is here. Aethir presented Aethir Edge powered by Qualcomm technology at its official press conference held at Token…
bitcoin BTC +3.71% It performed a slight recovery over the past day, recording a 5% gain on the eve of the digital asset’s halving.Spot Bitcoin exchange-traded funds (ETFs) showed a cautious upward trend despite recording consecutive net outflows. According to The Block’s data dashboard, combined U.S. spot Bitcoin ETFs have recorded a total outflow of $641 million over the past five consecutive trading days since last Friday. During the same period, ETF inflow was only $321 million, resulting in a net negative flow of $320 million. This is the longest net outflow streak in a month and comes ahead of…
As Bitcoin navigates a turbulent trading range between $60,022 and $65,430, market analysts closely scrutinize oscillators and moving averages for clues to future price direction. The cryptocurrency’s price is hovering around $65,110 on April 19, 2024, reflecting a volatile day for traders as conflict intensifies in the Middle East and ahead of the halving. Bitcoin Bitcoin’s (…)
In an exclusive interview with Kadan Stadelmann, CTO of Komodo, a non-custodial wallet and atomic swap DEX platform, we discussed the impact the upcoming halving could have on Bitcoin and the broader cryptocurrency market. Bitcoin halving is almost here and all eyes are on the flagship cryptocurrency. This major event will halve the block reward, impacting the supply and availability of the primary cryptocurrency. Currently, investors and market observers are divided on how these events could impact Bitcoin’s future trajectory. Some argue that Bitcoin will follow past trends, while others believe that this market cycle is different. Kadan Stadelmann, who…
Special thanks to Gavin Wood for prompting my interest into abstraction improvements, and Martin Becze, Vlad Zamfir and Dominic Williams for ongoing discussions. For a long time we have been public about our plans to continue improving the Ethereum protocol over time and our long development roadmap, learning from our mistakes that we either did not have the opportunity to fix in time for 1.0 or only realized after the fact. However, the Ethereum protocol development cycle has started up once again, with a Homestead release coming very soon, and us quietly starting to develop proof-of-concepts for the largest milestone…
Ethereum price is still solidifying near $3,000. If the bulls push the price above the $3,100 resistance, ETH could begin a steady rise. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading below $3,100 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming at resistance $3,070. If the price closes below the $2,850 support zone, the pair may move lower. Ethereum price integration Ethereum price attempted another recovery and remained stable above the $3,000 level. However, the bears, like Bitcoin, defended the…
Telos has revealed details of a new partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network. Plans for the new network were officially unveiled today live at TOKEN2049 in Dubai, where Telos is the title sponsor. TOKEN2049 is one of the world’s leading cryptocurrency events, with over 4,000 companies and 10,000 attendees from 100 countries exploring the future of cryptocurrency. Telos Foundation has revealed details of a new partnership with Ponos Technology, a leading Zero Knowledge Proof (ZKP) research and development company. This will see the two companies work together to develop an end-to-end optimized, hardware-accelerated Ethereum…