December 5, 2024, Calgary, Alberta, Chainwire The EOS Network Foundation (ENF) is pleased to announce that Ceffu, Binance’s institutional management partner, now supports the EOS mainnet. This partnership provides institutional-level custodian services while also providing new CeDeFi opportunities for EOS token holders through Binance’s MirrorX integration. Ceffu’s advanced custody infrastructure allows institutions to confidently secure their EOS assets using multi-party computation (MPC) and customizable permission schemes. MirrorX allows institutional fund managers to deploy CeDeFi strategies that leverage the best of both the CEX and DeFi worlds. By leveraging Binance’s liquidity and advanced trading mechanisms, EOS token holders have access to…
Author: Crypto Flexs
Louisa Crawford December 5, 2024 14:30 Cross-chain bridges facilitate secure data and asset sharing between blockchains, improving interoperability, DeFi opportunities, and user flexibility within blockchain ecosystems. The rapidly expanding cryptocurrency landscape encompassing numerous blockchains beyond Bitcoin and Ethereum has created a critical need for interoperability. According to Chainalytic, cross-chain bridges have emerged as a solution to enable secure transfer of data and assets between different blockchains. Understanding cross-chain bridges Cross-chain bridges serve as a connecting framework that allows different blockchains to securely communicate and share assets. These bridges use messaging systems to allow blockchains…
The worlds of crypto and sports share strikingly similar characteristics: fervent passion, deep camaraderie, and tightly knit communities built united by a singular devotion to the “team.” Over the past few years, these two realms have increasingly intersected, blending in unexpected ways. The result? A burgeoning underground community where crypto technology is becoming a tool for fueling — and even amplifying — sports fanaticism. The idea of merging sports and crypto products began early in 2014 with projects like Jetcoin trying to tokenize athletes. However, the concept was way ahead of its time and ultimately failed due to a limited…
The price of Bitcoin (BTC) surpassed $100,000 a day after President-elect Donald Trump selected cryptocurrency advocate Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC).On December 5, the top cryptocurrency rose as much as 4.95% to a new record high of around $103,640, increasing its net return to over 50% following President Trump’s re-election. Most analysts now expect Bitcoin to surpass $100,000 and continue its upward trend. But how high can Bitcoin go in the short and medium term? Bitcoin price will rise to $146,000 — AnalystCryptoQuant CEO Joo Ki-young attributes Bitcoin’s price milestones to…
Grand Cayman, Cayman Islands, December 5, 2024, Chainwire Phantom, a leading wallet with over 7 million monthly active users, chose Sui’s “high-performance” blockchain as its next integration. The Sui Foundation today announced that Phantom Wallet, the leading non-custodial multi-chain cryptocurrency wallet, is now integrated with the Sui Network. With 7 million monthly active users, Phantom has the largest on-chain wallet user base in the web3 industry. With a total of over 560 million on-chain transactions annually to date and key features such as staking, in-app token swaps, NFT storage, multi-chain support, and Ledger hardware wallet integration, Phantom represents a significant…
This article is also available in Spanish. cryptocurrency analyst Tony Severino Litecoin is set to mint XRP soon, suggesting that the coin could soon enjoy a parabolic rally. The analyst cited bullish indicators on the LTC chart, which showed that the cryptocurrency could witness such a parabolic rally. Litecoin is planning to launch XRP. Here’s why: In the X post, Tony Severino pointed out that Litecoin will soon mint Upper Bollinger Band. This means that LTC has undergone the necessary price correction and is now well-poised for a bullish reversal. The analyst’s accompanying chart showed that a bullish sentiment is…
Timothy Morano December 5, 2024 14:48 Character.AI has appointed former Google executive Sunita Verma as its new Chief Technology Officer to drive technological advancements in personalized AI entertainment. Character.AI announced the appointment of Sunita Verma as its new Chief Technology Officer. This is an important step in our mission to advance personalized AI entertainment. According to the Character.AI blog, Verma’s extensive experience in artificial intelligence, machine learning, and distributed systems brings him to a pivotal role on the Character.AI team. Sunita Verma’s Expertise Sunita Verma joins Character.AI from Google, where she was vice president…
Ethereum (ETH) price is currently 19% below its all-time high and could potentially hit $4,000 for the first time since March 2024. Key indicators such as rising 7-day MVRV and increasing whale accumulation highlight the growing bullish sentiment around it. ETH. If ETH breaks the $4,000 level, it could begin a surge towards the previous high of $4,867, but failure to sustain this rally could lead to a retest of key support levels. ETH 7D MVRV shows Ethereum price could rise further Ethereum’s 7-day MVRV rose to 6.1%, a significant increase from 0.28% two days ago. This sharp increase reflects…
Chainwire, Sydney, Australia, December 5, 2024 Social lifestyle app STEPN GO is excited to announce the next milestone in its ongoing partnership with adidas. This is the first STEPN GO x adidas co-branded physical sneaker release featuring the STEPN GO logo. This exciting development follows a successful year of collaboration between the two brands, which previously saw the release of the STEPN GO x adidas Genesis NFT sneaker. Now the partnership has expanded beyond the digital world into the physical world with a limited-edition collection of 1,200 physical adidas Ultraboost 5 running shoes. This is the latest step in STEPN…
Cryptocurrency veteran Arthur Hayes believes the economics of Solana’s (SOL) rival could help it emerge as a preferred choice for future initial coin offerings (ICOs). In a new analysis, the BitMEX co-founder highlights the low cost per transaction of layer-1 blockchain Aptos (APT). “In 2017, it was common for the Ethereum network to fail due to hot ICOs. Gas prices will skyrocket and the network will become affordable for no one. By 2025, block space costs for Ethereum, Solana, Aptos, and other layer 1s will become very cheap. Our current order throughput is much higher than in 2017. If the…