The details of the EigenLayer airdrop have finally been revealed, garnering applause and attention. Launch plans include allocating 45% of the 1.67 billion tokens to the community, with one-third of this portion distributed through airdrops over multiple seasons. In the initial season, 5% of tokens will be distributed in two parts, specifically rewarding those who have staked on the protocol. The main concern is restrictions on token transfers at launch. “Once the tokens are launched, they will be non-transferable for several months,” EigenLayer explains, aiming to allow time for decentralization and building consensus on utility and governance. However, these restrictions…
Author: Crypto Flexs
Read More
The cryptocurrency landscape has experienced significant changes recently, including innovative projects, increased volatility, and regulatory developments. However, the inherently volatile and unpredictable market never stops to amuse enthusiasts.Cardano (ADA) has emerged as a significant altcoin in the ongoing bull market in the crypto markets, attracting attention from enthusiasts and investors due to its unique features.Since the end of January, ADA witnessed a remarkable increase, almost touching a 60% surge. Investors are interested in gaining insights into Cardano’s future price movement and exploring new lucrative investment opportunities.This comprehensive article uncovers the factors influencing ADA’s price and makes a case for ADA…
Please tell me how to transfer Bitcoin-core version 27.0.0 to Bitcoin 25.0.0. (Tested) Sending the wallet.dat file didn’t help. Version 25.0.0 is already in sync with the network and I would like to transfer it.
Wisdomise’s $9.5 million funding round powers AI infrastructure for Web3 with the goal of democratizing digital asset investing globally. The post Wisdomise secures $9.5 million for AI-powered Web3 expansion appeared first on Crypto Briefing.
Of this approximately $700 trillion, approximately $685 trillion is considered “onshore” assets. That is, the assets are held by individuals and entities officially and responsibly resident in the country in which they operate or have a presence. According to estimates by the Organization for Economic Co-operation and Development (OECD), all foreign assets are worth about $12 trillion. That’s a lot of money, but in the context of global assets it’s a drop in the ocean, less than 2% of the total. Currently, that 2% is relatively lightly or not regulated at all, and a significant portion of it is cryptocurrency.
XRP price is struggling to recover above the $0.520 resistance level. A break above the $0.50 support level could see the price gain bearish momentum. XRP is attempting a fresh increase and is facing a hurdle near $0.520. The price is currently trading near $0.5150 and the 100 simple moving average (4-hours). There is a major bearish trendline with resistance forming at $0.520 on the 4-hours chart of the XRP/USD pair (data source from Kraken). A close above the $0.520 resistance line could give the pair some bullish momentum. XRP price aims for an upward reversal. Recently, XRP price broke…
The Web3 game is over. Long live the game: SKALE CEO Ethereum scaling network Skale CEO Jack O’Holleran is confident we won’t hear any talk of Web3 games in the next five years. “I feel very strongly that the term Web3 gaming will no longer exist,” he told Web3 Gamer (hence the column’s name change by 2029). He doesn’t expect it to fail due to technical issues. Instead, he thinks it will become a victim of its own success. “The reason is that once we all successfully integrate the value proposition of blockchain into games, every game in the world…
Posted 1 minute ago In ~ BlackRock’s USD Institutional Digital Liquidity Fund had $375 million in assets under management.The fund, known as BUIDL, beat its closest rival, Franklin Templeton’s FOBXX, by nearly $8 million, according to data from Dune Analytics. FOBXX is a U.S. registered mutual fund using the Polygon and Stellar blockchains, with over $368 million in assets under management as of April 30.According to the FOBXX website, “The Fund invests more than 99.5% of its total assets in U.S. government securities, cash and repurchase agreements collateralized by U.S. government securities or cash.” “The fund seeks to preserve shareholders’…
Santa Clara, CA, April 27, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, today announced the sale of its highly anticipated debut node. This is another important milestone toward CARV’s mission to maximize data innovation while ensuring individuals can share in the value created by a user-owned Internet. Starting May 13, users around the world will be able to become part of CARV’s decentralized data network and run lightweight validation nodes, contributing to the redistribution of value and earning rewards. What are nodes and why? Imagine a future where your data is truly yours – a…
Former Goldman Sachs executive Raoul Pal believes that two digital asset subsectors could witness exorbitant valuations when the market reaches the “crypto summer” phase of the current cycle. pal says One million followers on social media platform “Crypto summer” usually means rising prices and increased trading volume. Pal said, “But the cryptocurrency summer and fall will be chaotic because everything will have a story and be euphoric. This is when memes get really stupidly priced, unsubstantiated narratives like AI or RWA get stupid ratings, etc.” That too Believe During this period, Ethereum (ETH) may outperform Bitcoin (BTC) and Solana (SOL)…