Blockchain dApps are expected to grow with a 77% increase in unique active wallets in Q1 2024, highlighting the expansion of the Web3 ecosystem.
Author: Crypto Flexs
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A Senate Banking Committee hearing focused on illicit finance and terrorism provided a window into how lawmakers plan to craft potential legislation focused on digital assets.Senators expressed concerns about the use of digital assets by malicious actors, which has been a source of controversy over the past year, during a hearing Tuesday titled “Treasury Update: Response to Illicit Finance, Terrorism and Sanctions Evasion.”“All the bad actors — North Korea, Russia, terrorist groups like Hamas — are turning to cryptocurrencies because they’ve seen the advertising and bought into the hype,” Senate Banking Committee Chairman Sherrod Brown of Ohio said Tuesday. “They’re…
San Francisco, CA, April 9, 2024, Chainwire Algotech (ALGT) is back in the spotlight after reaching the milestone of raising $500,000 in one day during its ongoing pre-sale period. Now, in less than four weeks since pre-sales began, Algotech has raised over $3.5 million. Algotech’s Journey Algotech started as an initiative of successful traders and technology experts who wanted to democratize access to advanced trading tools for everyday users. The team wanted to provide novice traders with the same cutting-edge technological tools used by hedge funds and large investment firms. Combining this with the efficiency of blockchain technology, Algotech aims…
OKX announced that it is listing BlockGames (BLOCK), a decentralized player network for mobile game publishing tools, on its spot trading market, providing details on deposits, transactions, and withdrawals. OKX, one of the prominent cryptocurrency exchanges, made an interesting announcement regarding the listing of BlockGames (BLOCK) on its spot trading market. This development opens up new opportunities for traders and investors looking to participate in the BLOCK cryptocurrency. According to OKX, BLOCK’s listing schedule is as follows: BLOCK deposits will be available starting at 10:00 AM (UTC) on April 9, 2024. BLOCK/USDT spot trading will then begin at 12:00 PM…
Dogecoin It has set a new milestone by becoming one of the most traded cryptocurrencies on major domestic cryptocurrency exchanges. Korean Market Accepts Dogecoin In a clear will Dogecoin’s Soaring Popularity and Interest In global markets, cryptocurrencies have recently become the second most traded cryptocurrency asset in the world. Upbeat, Korea’s leading cryptocurrency exchange. This development marks a significant step forward for dog-themed cryptocurrencies. Witnessing a significant bullish trend In recent months. On cryptocurrency exchanges, Dogecoin has noticeably outperformed the following major cryptocurrencies: Ethereum (ETH) And things like meme coins. Shiba Inu (SHIB), in terms of trading volume. The surge…
Healix Protocol’s HLX Token Presale Achieves Milestone: Over 2,000,000 Tokens Sold – Chainwire housenewsroomHealix Protocol’s HLX Token Presale Achieves Milestone: Over 2,000,000 Tokens Sold We use cookies to make Chainwire’s website a better experience. 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 a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access…
The past week has been a very busy time for all of us in the Ethereum ecosystem. DAOs have shown that writing smart contracts requires much more effort than originally expected. Moreover, reaching agreement on a problem of this scale requires a surprising amount of debate. Everyone in our community has been very proactive and proactive about their opinions on how the problem should be solved or if there is a problem that should be solved in the first place. Many have suggested an immediate hard fork, but the implications of such a move are not yet fully understood. Another…
OpenTrade, an on-chain institutional lending and yield products platform, has raised $3.2 million in seed funding. a16z CSX (Crypto Startup Accelerator) participated in this round. Other backers include CMCC Global, Draper Dragon, Ryze Labs, and Plassa Capital. OpenTrade’s total funding to date is $4.45 million, and the company plans to leverage the new funding to grow its team across all key functions, Jeff Handler, the company’s co-founder and chief commercial officer, told The Block. OpenTrade is built on the payments and DeFi infrastructure of stablecoin issuer Circle. USDC +0.0081% And EURC. According to the company’s website, OpenTrade allows regulated asset…
Richard Teng, CEO of cryptocurrency exchange Binance, said the company has overcome cultural challenges after experiencing several challenges. Speaking at Paris Blockchain Week, Teng said Binance overcame cultural challenges after being fined $4.3 billion to settle charges from the U.S. Department of Justice, according to CNBC. “As the company became more mature, we moved past that. (…) We are looking at sustainability. “The direction toward significantly greater compliance is clear, so we are building a robust compliance program.” Binance CEO Richard Teng When asked about Binance’s decision to appoint most of the company’s insiders to its board of directors, Teng…
Crypto casinos, a fusion of cryptocurrency and online gambling, are reshaping the betting landscape. They emerged as digital currencies gained traction, offering a platform where players can wager using Bitcoin, Ethereum, and other cryptocurrencies. Unlike traditional online casinos that operate with fiat currency, crypto casinos provide a decentralized gambling experience. This shift not only enhances user privacy but also ensures faster transactions and access to a global market without the constraints of exchange rates and banking regulations. The inception of these casinos marks a significant evolution in the gambling world, integrating blockchain technology to foster trust, transparency, and a new level of…