Cryptocurrency exchange OKX finally opened its Ethereum layer-2 network X-layer mainnet to the general public on April 15th.The scaling solution’s testnet was launched in November 2023 to rave reviews and was built with Polygon’s Chain Development Kit (CDK). This toolkit helps developers construct chains using zero-knowledge techniques.Haider Rafique, OKX’s chief marketing officer, explained that the company built a layer 2 network because it believes “the best way to achieve mainstream adoption is to help scale Ethereum, the largest existing Web3 community, instead of competing with it.” .As a result, the company wants to leverage the Polygon and Ethereum communities to…
Author: Crypto Flexs
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According to a Bitfinex Alpha report this week, the significant decline in the supply of inactive bitcoins that haven’t moved in more than a year indicates that long-term holders are continuing to reduce their holdings or move assets off exchanges.“The fundamentals of Bitcoin price dynamics are this week’s halving. As the halving approaches, there has been a noticeable surge in Bitcoin on centralized exchanges and an 18-month supply of inactive Bitcoin that has not moved in more than a year has been reduced to low.” Go Bitfinex analysts said:The report added that the current behavior of Bitcoin holders is similar…
Expanding our series on Bitcoin Layer 2 solutions, today we will look at the Stacks blockchain DeFi app. Stacks is the leading layer 2 blockchain solution for Bitcoin, and many new DeFi apps are launching on this blockchain. Stacks has a token called STX, which is currently trading at $2.51 on several major exchanges. As these DeFi Apps on Stack (STX) grow in popularity, STX will see significant demand. Other Bitcoin Layer 2 solutions are also in development, but none come close to what Stacks has achieved. In any industry, it’s good to start early, but at the same time,…
Are you a crypto enthusiast looking to bolster your digital assets without investing your hard-earned cash? Well, you’re in luck! Crypto airdrops are the latest craze sweeping the blockchain world, offering users the chance to acquire free tokens or coins simply by participating in various promotional activities. In this comprehensive guide, we’ll delve into everything you need to know about crypto airdrops in 2024, from what they are to how you can hunt them down and maximize your gains. What Exactly is a Crypto Airdrop? In the ever-evolving landscape of cryptocurrencies, the term “airdrop” has become increasingly prevalent. But what…
Cryptocurrencies have introduced decentralized digital currencies into mainstream finance, enabling peer-to-peer transfers of value online without intermediaries. But beyond cryptocurrency trading or spending, innovations like staking are creating new opportunities to make money. passive income in your portfolio. Staking Farm By making it easy to participate in blockchain networks, we enable ordinary cryptocurrency holders to earn up to 26% annual returns on their idle assets. We’ll take a look at the basics of staking and why industry-leading Stakefarm can get you through the passive money door so smoothly.What is cryptocurrency staking?Cryptocurrency staking refers to the process of temporarily depositing cryptocurrency…
join us telegram A channel to stay up to date on breaking news coverage The Skale Network price prediction shows that SKL could continue to approach a critical support level as bears enter the market. Skale network prediction statistical data: Current Skale Network price – $0.096 Skale Network market cap – $475.2 million Skale Network circulating supply – 5.3 billion Skale Network total supply – 5.4 billion Skale Network CoinMarketCap Ranking – 135th SKL/USD market Main level: Resistance levels: $0.130, $0.140, $0.150 Support levels: $0.065, $0.055, $0.045 SKLUSD – daily chart As of this writing, SKL/USD is sitting at $0.096…
stc Bahrain and Aleph Zero partner to advance blockchain DePIN across the Gulf region – Chainwire housenewsroomstc Bahrain and Aleph Zero enter into partnership to advance blockchain DePIN across the Gulf region We use cookies to make your experience on Chainwire’s website better. 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 the sole purpose of transmitting communications over electronic communications networks. Technical…
@Following the hacking Devcon 1, Martin Swende It’s Nr. #1 on leaderboard Ethereum Bounty Program. A bounty program is underway. Final bounty awarded It reached 5 BTC. This program is open to anyone. with BTC Relay In preparation for the launch of Ethereum and given its importance to many DApps, we would like to emphasize ongoing security audits by including it in the Ethereum Bounty Program. BTC Relay is an Ethereum contract that implements Bitcoin SPV. https://en.bitcoin.it/wiki/Thin_Client_Security The main purpose of BTC Relay is to route fully confirmed Bitcoin transactions to specific Ethereum contracts. When someone makes a Bitcoin payment…
I think April will be a memorable month. Uniswap UNI -6.60% .First of all, the decentralized exchange powerhouse surpassed $2 trillion in total trading volume on April 5, solidifying its status as a major DEX player as competition increases across the network, especially on Solana, where Uniswap does not exist.What’s a little more unfortunate is that the platform received a Wells notice from the Securities and Exchange Commission on April 10th. Many thought this signaled the beginning of the war on DeFi.The SEC’s pursuit of cryptocurrencies is nothing new, but in the past we’ve mainly seen high-profile cases brought by…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Milei Moneda surged 25% after pre-sale, Solana stabilized due to network issues, and Jupiter is preparing for a 20% price rebound. Investors in Solana (SOL) and Jupiter (JUP) are starting to pay attention to the potential of Miley Moneda (MEDA), anticipating a price rebound. With impressive pre-sale performance and widespread investor interest, this meme coin could be a top choice. Solana is fighting severe network congestion. Solana started the year with a strong bullish trend, surpassing both its 2023…