Michael Kong, CEO of the Fantom Foundation, unveiled the launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is ready to revolutionize the blockchain world. Stay tuned for more exciting updates and partnerships in the coming weeks. Michael Kong, CEO of the Fantom Foundation, revealed exciting launch plans and future developments for Sonic, an innovative blockchain technology. Kong highlighted the significant advancements made since the Opera network debut in 2019, which laid the…
Author: Crypto Flexs
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Investment giant BlackRock’s Ethereum-based BUIDL fund has raised $245 million in Ethereum tokens since launching last week. According to data from Etherscan, 10 transactions were entered into the BlackRock USD Institutional Digital Liquidity Fund, starting with $5 million on March 20, when the BUIDL fund was launched.Over the next seven days, an additional $239.8 million flowed into ERC-20-based funds, including $92 million in short-duration U.S. government bonds from tokenized real-asset platform Ordo Finance.“We are thrilled to see BlackRock embracing securities tokenization with the launch of BUIDL,” Ordo Finance said in a blog post Wednesday. “This is especially true of our…
Bitcoin price is consolidating gains above the $69,000 support area. For BTC to begin a steady increase, it will need to clear the $71,500 resistance area. Bitcoin price is still showing positive signs and is facing resistance near $71,500. The price is trading above $69,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a key bullish trendline with support at $69,120. A break above the $71,500 resistance zone could initiate further upside. Bitcoin price maintains support Bitcoin price remained in the positive zone above the $68,800 resistance zone. BTC rose…
Posted 1 minute ago In ~ Speaking at BUIDL Asia in Seoul on Thursday, Maartje Bus, vice president of research at cryptocurrency data aggregator Messari, said Memecoin will remain an important part of the cryptocurrency market and could potentially establish itself as a new asset class.“Crypto is often criticized for not having a use case for the average Joe, and that’s fair,” Bus said. “But Memecoin has been successful and consistently successful at actually connecting people to the chain.”As Bus described as a “full-blown memecoin mania” fueled by the bullish cycle following the approval of a spot Bitcoin exchange-traded fund,…
Floki and TokenFi are targeting the MENA region to expand the cryptocurrency market. Known as one of the most successful cryptocurrency projects in the world, Floki is looking beyond its borders to the Middle East and North Africa (MENA) region to expand its influence along with its sister project TokenFi. In a recent Arabic video promo shared on social media platform This video demonstrated the simplicity of project tokenization, even for individuals with no coding knowledge. Join the world #tokenpie And make your dreams come true! To do #tokenpie Your dreams come true as we provide you with the tools…
Nilam Resources, Inc. has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity called MindWave. The company holds 24,800 Bitcoins, which are used as collateral for investments in high-yield projects. This strategic acquisition is a significant milestone for Nilam Resources, Inc., adding more than $1 billion in digital assets to its portfolio. Nilam Resources, Inc. (OTC PINK: NILA) announced that it has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity called MindWave. The…
A top trader who correctly called Bitcoin (BTC)’s floor price limit during the 2018 bear market says one Ethereum (ETH) challenger is very bullish. Household analyst Bluntz told his 251,100 followers on social media platform X that he expects the underlying asset of layer-1 protocol Near (NEAR) to rise to levels last seen in May 2022. According to analysts, NEAR appears to be experiencing a five-wave surge that could send the altcoin skyrocketing close to $10 in a matter of days. “NEAR is turbo strong here IMO (in my opinion), dragging ABC down from the highs, building up all weekend…
BlackRock CEO Larry Fink sounded bullish about Bitcoin today on Fox Business, revealing that their spot Bitcoin ETF, $IBIT, is experiencing unprecedented growth and has become the fastest-growing ETF of all time.Just in: BlackRock CEO Larry Fink announces his position. #Bitcoin ETF "It is the fastest growing ETF in ETF history." 🚀 pic.twitter.com/J6g7XrYWCU— Bitcoin Magazine (@BitcoinMagazine) March 27, 2024 “I’m very optimistic about the long-term viability of Bitcoin,” Fink said. “I was surprised how much it went up. We are now creating a market with more liquidity and transparency. We were pleasantly surprised. Before we submitted, we would have never…
The US DOJ has submitted 52 victim statements to the Prosecutor’s Office as Sam Bankman-Fried is scheduled to be sentenced on Thursday. The statement revealed the emotional and financial distress of many victims. A former member of the Unsecured Creditors Committee (UCC) has disclosed a personal claim for $4 million. The downfall of FTX cost the victims all their life savings and forced them to resign as they could not sustain a period of no income. A former UCC member described the incident as causing him severe depression and said it had cost him more than just finances. Victims detail…
Fruit machines have actually been a staple of gambling enterprises for decades, attracting the attention of gamers with their flashing lights and audio. One of the preferred variations of this machine is the dime pot. As the name suggests, these devices allow gamers to place small bets, making them easily accessible to a wide range of gamblers. In this post, we’ll find out everything you need to learn about the Penny Bandit, from exactly how it works to strategies for optimizing your chances of winning. How exactly does a Cent Port machine work? Cent fruit machines are basically similar to…