Pac Finance, a lending protocol on the Blast network and an Aave fork, saw a large number of liquidations on April 11 after the platform suddenly lowered the liquidation threshold for user positions. “Blast’s Random Aave fork reduced LT (liquidation threshold) instead of LTV (loan-to-value), resulting in $26 million worth of unnecessary liquidations,” said Stani Kulechov of Avara, founder of Aave. said On X while reposting news of liquidation.Developer Wallet adjusted Pac Finance’s PoolConfigurator-Proxy contract function to lower the liquidation threshold for Renzo re-staked Ethereum (ezETH) loans without prior announcement or time limit, resulting in large liquidations. Lowering liquidation thresholds…
Author: Crypto Flexs
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Singapore, Singapore, April 12, 2024, Chainwire Over 65,000 Checker Node licenses have been sold, valued at over 29,000 ETH.Aethir has achieved full decentralization by distributing sold nodes to over 20,000 buyers.More than 100 partners participated in the node sale, helping to decentralize control of Aethir’s GPU cloud infrastructure.The first batch of Checker Node NFT licenses were distributed to community members on April 12th. Aethir, a leader in GPU cloud computing, distributed over 66,000 Checker Node licenses worth over 29,000 ETH to over 20,000 buyers through public node sales. With this, Aethir has successfully decentralized control over the GPU DePIN ecosystem.…
April 2 What is Ethena Labs (ENA)? Ethena Labs introduces a new approach to finance with USDe, a synthetic dollar protocol built on the Ethereum blockchain. Unlike traditional fiat stablecoins, USDe offers a cryptocurrency-based solution that aims to transform the global financial landscape by providing a decentralized and scalable form of currency that operates independently of traditional banking infrastructure. These innovations include the creation of ‘Internet Bonds’, a new financial instrument designed to be globally accessible through Ethereum staking and to act as a dollar-denominated savings tool, along with derivatives market dynamics. Ethena’s mission is to address critical gaps in…
The blockchain gaming sector is off to a difficult start to the year, with venture capital deals falling nearly 60%, totaling $288 million, sparking caution among investors. Developers in the blockchain gaming industry are facing a mix of caution and optimism, as shown by a decline in venture capital deals compared to the previous quarter. The sector secured $288 million in funding in the first quarter, a 57% decrease compared to the fourth quarter of 2023, according to data compiled by DappRadar. “The focus of these investments is primarily on web3 games and infrastructure. This clearly highlights the foundation-building period…
Suddenly, portable devices for cryptocurrency gaming became popular.last week bitcoin-centric BitBoy One Gaming Portable Game Console The hardware wallet has been released and the following announcement was made on Wednesday: SuiPlay0x1A portable PC gaming device like the Steam Deck built for cryptocurrency gaming. Sui after.Added last year’s content Solana Saga Smartphone On the list – and Next year’s ‘Chapter 2’ Successor — If you want a portable device that puts your cryptocurrency to good use while gaming, you have options.But which one is right for you? Some of these devices haven’t been released yet, so we can’t make any firm…
Victoria, Seychelles, April 12, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 platform, is pleased to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and improve liquidity and trading experience for users. The first token supported on the pre-market is Merlin Chain (MERL), which will begin trading on April 12 at 04:00 (UTC). The pre-market is designed to facilitate trading of tokens that have not yet been officially listed on the spot markets of major central exchanges such as Bitget. This allows users…
Asia • April 12, 2024, 4:00 AM EDT The TON Foundation, a group of contributors to The Open Network (TON) blockchain, has partnered with HashKey Group, a Hong Kong-based digital asset financial services company, to “increase accessibility” to fiat on- and off-roads. Telegram Wallet User.The two said Friday that the partnership will also explore ways to support early-stage projects in the TON ecosystem.“By simplifying the Fiat pick-up and drop-off experience, we aim to make cryptocurrency a part of everyday life and promote accessibility and innovation within the TON ecosystem,” said Livio Weng, COO of HashKey Group.The TON Foundation added that…
When I first saw the ERC 404 token standard floating around my Twitter timeline, I wanted to thoughtfully write a post about it to understand if this was just another fad. It existed in the cryptocurrency space. After discovering the standard for a month or so and seeing a couple of projects explode (price-wise) behind it, I think it’s worth sharing this post.digital whale club This blog focuses on articles about cryptocurrency, personal finance, and online business. With over 7 years of experience in the cryptocurrency space, we dive deep into what interests us in this space and try to…
When I run the raw script, I get the following output: Error validating transaction: Error running script for input 0 referencing e67a0550848b7932d7796aeea16ab0e48a5cfe81c4e8cca2c5b03e0416850114 at 0: Script was NOT verified successfully. Can you please tell me how to solve this problem? Thank you again
Share this article The recent approval of Bitcoin ETFs in the United States has created both excitement and challenges as bad actors seek to capitalize on the hype for illicit profits. Marina Khaustova, COO of blockchain analytics firm Crystal, shared insights on the evolving landscape in an interview with Crypto Briefing.The approval of the Bitcoin ETF has further accelerated demand for Crystal products, especially from established companies looking to ensure compliance when entering the cryptocurrency market.“And there is currently no way for traditional financial companies to explain to their boards that they should not use digital currencies. Because it’s probably…