Edgar Pavlovsky, founder of Solana-based cryptocurrency lending platform MarginFi, announced Wednesday that he was leaving the protocol due to internal disagreements. This led to a massive leak in one of the most used DeFi protocols on Solana.According to Dipilama, MarginFi saw a net outflow worth $155 million due to the announcement of Pavlovsky’s resignation. Total value locked also decreased to $524 million, compared to $738 million on Tuesday and $811 million on April 1. “I don’t agree with the way things are done, both internally and externally,” Pavlovsky said. wrote At X. “I told everyone involved that I wasn’t interested…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Bitcoin price prediction shows that BTC could break out of its current short-term pattern and move towards the $70,000 level. Bitcoin halving event is approaching Bitcoin (BTC) is showing signs of a rebound as it approaches its mid-March highs, with the much-awaited April halving just around the corner. This halving event, which marks the second major trend that will drive Bitcoin’s rise in 2024, comes hot on the heels of the January debut of the Bitcoin Spot Price ETF. Bitcoin prediction statistical data: Current Bitcoin Price…
Nektar Network Unveils to Raise Ethereum’s Trust Layer and Fight Centralization – Chainwire housenewsroomNektar Network unveiled to increase Ethereum’s trust layer and combat centralization We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with 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 expressly 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…
At a high-profile AI event in London, Meta executives on Tuesday provided the first official confirmation and details about the upcoming release of Llama 3, the next version of the company’s open source large language model.Nick Clegg, Meta’s president of global operations, said in a statement that Meta “hopes to start rolling out a new family of Llama 3 models, the next-generation base model, within the next month, actually less time, hopefully in a very short period of time.” . AI Day London, reported Tech Crunch.Clegg said the Llama 3 will be comprised of “a variety of models with a…
Synthetic dollar developer Ethena Labs has partnered with major centralized exchange wallets to offer users a 20% rewards boost when they lock up their USDe stablecoin for 7 days and convert their rewards into ENA tokens. Recently, Ethena Labs, a company specializing in synthetic dollar development, announced integrations with major centralized exchange wallets, including Binance, Bybit, OKX, and Bitget. The purpose of this integration is to make it easier for users to participate in Ethena’s rewards program and increase the popularity of the platform among members of the decentralized finance (DeFi) community. Ethena Labs is offering a 20% rewards increase…
BNB price is attempting a new rise in the $575 range. The price is up more than 5% and the bulls seem to be targeting above $620. BNB price started a new rise after finding support near $575. The price is currently trading above $600 and the 100 simple moving average (4-hours). On the 4-hours chart of the BNB/USD pair, there is a major bullish trend line forming around support at $587 (data source from Binance). A break above the $620 resistance area could provide bullish momentum. BNB price could surge by 15% After being downgraded below $600, BNB price…
join us telegram A channel to stay up to date on breaking news coverage As Doge Day approaches, we’re seeing new meme coins hitting the market featuring dogs, cats, sloths, and more. This new addition represents an exciting change in the meme coin market and is garnering the attention of cryptocurrency enthusiasts around the world. In this article, we examine the sloth-themed meme coin phenomenon, examining its origins, notable projects, and the potential for significant profits. SLERF SLERF is the latest addition to the growing list of projects in the Solano ecosystem. Like Slerf the sloth, the SLERF coin represents…
SocialFi app Tomo closed a $3.5 million seed funding round led by Polychain Capital, with participation from Consensys, Symbolic Capital, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and HTX Ventures.“We are thrilled with the support of our investors to help us innovate in the SocialFi environment,” Tomo founder Ryan Fang said in a statement. “Tomo’s mission is to pioneer a multichain Web3 social wallet that unlocks unique blockchain-based opportunities. Our vision extends to building a platform where every connection is direct and financially valuable.” “At Polychain, we support founders and projects that enable new behaviors. We recognize Tomo’s…
Today is Lido Island (LDO) seize It has attracted special attention due to its impressive price rise. It has seen impressive resurgences along with other major cryptocurrencies, including Bitcoin and Ethereum.However, DeFi tokens have significantly outperformed the broader cryptocurrency market. Let’s take a look at what the Lido DAO token is and understand what is driving its upward trend.Why is Lido DAO price rising?With a price increase of 11.60% over the past 7 days, LDO has outperformed the global cryptocurrency market, which is up 7.60% today. Over the past 30 days, the coin has risen 11.87%, adding significant value to…
Get ready to change the way you think about paying your credit card bills. BitPay Bill Pay turns your cryptocurrency portfolio into a powerful spending tool. Enjoy the flexibility to use your credit card, pay your balance with cryptocurrency, and receive all the benefits and rewards.Pay off all your credit card billsBitPay provides a seamless way to easily pay almost any credit card bill. All major credit balances are supported. Yes, even those that can yield huge rewards and benefits.Use your favorite cryptocurrencyPay with BTC, ETH, DOGE, LTC, MATIC, USDC and dozens of coins and tokens. We are constantly updating…