Panama City, Panama, May 2, 2024, Chainwire AppLayer has unveiled the fastest and most powerful infrastructure for scaling applications based on Ethereum, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds, but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. . AppLayer provides an EVM network that is 10x faster than standard Golang-based EVM networks, and delivers an even more impressive 65x execution speedup with C++ stateful pre-compilation. Imagine having both the fastest EVM in the game and the best tools to build on top of it. This is what…
Author: Crypto Flexs
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The TVL of the Jito protocol has surged significantly in the past 24 hours. This protocol occupies a key point in the Solana blockchain. It also joins the top five liquid staking protocols across all blockchains. Liquid staking project Jito is now the largest protocol on the Solana blockchain in terms of Total Value Locked (TVL), according to DefiLlama data.Jito’s rise to the top spot comes amid a resurgence in Solana’s ecosystem-wide TVL, which is now up approximately 150% year-on-year. Despite being down 63% from its November 2021 peak of $10 billion, Solana’s TVL is now at $3.7 billion, up…
May 2nd Bitfinex was the first to list Spectral’s native token, SPEC. Posting time: 11:00h From media materials by admin Road Town, British Virgin Islands – May 2, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, announced today that it will be one of the first exchanges to list SPEC, the native token of Spectral, a layer 2 protocol deployed on Arbitrum. A network designed to bring capital efficiency on-chain by integrating artificial intelligence and machine learning with blockchain technology. Spectral is focused on addressing the untapped credit risk and risk infrastructure markets in the Web3 ecosystem. By…
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 ReportJito Network topped Solana Network’s list of decentralized finance (DeFi) protocols on Thursday, growing its total locked volume (TVL) to $1.04 billion, according to DappRadar.“Jito was one of the few teams that continued to build on Solana even when the network’s TVL fell to $215 million,” said Jito Network contributor Lucas Bruder. decryption. “Our contributors have been in the trenches with the community and we are proud to be part…
What are inscriptions, ordinal numbers, runes? We recently shared the story of how the Ordinals protocol was added to the Bitcoin network in 2023. Users began using Ordinals to engrave unique data (NFT “inscriptions”) directly onto Bitcoin Satoshis, and soon Ordinals inscriptions allowed them to create fungible BRC-20 tokens on the Bitcoin blockchain. . Inscription-based Bitcoin NFTs and BRC-20 tokens have expanded the Bitcoin landscape to include both fungible and non-fungible tokens. The BRC-20 token has become quite popular and has a market capitalization exceeding $2 billion.Then, in September 2023, when Ordinals was at its peak of popularity, Casey Rodarmor,…
Bitcoin (BTC) tagged $59,000 at the May 2 Wall Street open as swing lows remained the BTC price floor.BTC/USD 1-hour chart. Source: TradingViewBTC Price Heads To $60,000Data from Cointelegraph Markets Pro and TradingView shows BTC/USD moving closer to the key $60,000 area.Bitcoin fell to $56,500 on May 1 before rallying on the back of dovish economic guidance from the U.S. Federal Reserve.With interest rates not changing as expected, Federal Reserve Chairman Jerome Powell has stepped up plans to cut interest rates at some point before the end of the year.“We know that lowering policy curbs too early or too much…
Phantom (FTM) price has been consolidating for some time and may continue to do so. This is because the altcoin has not shown a strong directional bias for several weeks. However, on-chain indicators are currently showing buy signals, which could help FTM break out of the consolidation. Buy Singlas Pop Up for Fantom Fantom’s price trading above $0.63 is supported by the Moving Average Convergence Divergence (MACD), which is a good sign that the altcoin is safe from diving anymore. This technical analysis tool measures the relationship between two moving averages of an asset’s price. This provides insight into momentum…
Meme coins often capture the imagination and wallets of investors looking for the next big thing. But identifying meme coins, which could potentially soar to 100 times their initial value, isn’t just about following social media popularity. There is more to it than just luck.How to find your next 100x coin?Here is a structured approach to finding those elusive 100x meme coins.Join the core cryptocurrency communityDiscovering the next big meme coin often begins in the busy chat rooms and discussion boards of cryptocurrency communities. Platforms like Discord, Telegram, and specialized forums are fertile ground for early buzz about what could…
Shares of Block (SQ) traded higher in the after-hours session on Thursday following first-quarter results that beat analysts’ expectations.Adjusted earnings per share of 85 cents beat consensus estimates by 13 cents, and revenue of $5.97 billion beat Wall Street’s forecast of $5.82 billion. Total profit was $2.09 billion, up 22% from the first quarter of last year.Notably, the Jack Dorsey-led company announced that it will begin adding more Bitcoin to its balance sheet and that it will open source its financial blueprint so that others can follow suit.Block, formerly known as Square, said it would invest 10% of its gross…
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