Dubai prepares for 29th World Blockchain Summit co-hosted by SUN Minimeal – Chainwire housenewsroomDubai prepares for 29th World Blockchain Summit co-hosted by SUN Minimeal 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…
Author: Crypto Flexs
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If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe pseudonymous founders with the bear-themed name have raised $100 million in funding for Berachain, a layer 1 blockchain built on Cosmos technology.The Series B funding round, announced Friday, was co-led by investment management platform Brevan Howard Digital and cryptocurrency-based VC firm Framework Ventures. Additional backers include Polychain Capital, Samsung Next, Hack VC, and Hashkey Capital, as well as angel investors such as Polygon co-founder Sandeep Nailwal and Animoca Brands…
BlackRock’s IBIT spot Bitcoin exchange-traded fund saw total inflows of $15 billion yesterday. This comes exactly three months after it began trading on January 11th.“IBIT is up more than 50% and has raised $15 billion in new cash in three months. Both numbers are double that of any other BlackRock ETF, which holds 421 of them.” Bloomberg ETF analyst Eric Balchunas said Thursday. “It’s as hot as iron can get.”BlackRock’s IBIT dominated U.S. spot Bitcoin ETF inflows yesterday, adding $192.1 million, dwarfing the $124.9 million outflow from Grayscale’s high-fee GBTC fund, according to CoinGlass data.Bitwise’s BITB recorded inflows of $11.1…
Artificial intelligence (AI) is leading the competition for new technologies. The impact of this cutting-edge technology is so far-reaching that it is merging with every other existing industry, bringing about invisible changes. The cryptocurrency industry enjoyed this popularity before AI. AI cryptocurrency continues its tradition and is becoming the trendiest story across the industry. Many AI tokens are leading the rally. Some are top winners. In the noise of AI cryptocurrencies, GameGPT holds a unique position among other projects due to its unique offerings and propositions. AI-based game development protocols aspire to bring about a paradigm shift in the gaming…
Vancouver, Canada, April 11, 2024, Chainwire JYDS has achieved global recognition through its third CEX listing on DigiFinex, launch of JYDS Bank Stake, raising over 1000 SOL in pre-sale, AI integration and providing sustainable rewards to users. JYDS, an innovative decentralized ecosystem that aims to lead the future of finance, is proud to announce its third centralized exchange (CEX) listing and the impressive recognition of being the 18th ranked project globally by CoinGecko. This milestone highlights JYDS’ growing reputation in the cryptocurrency market and helps solidify its position as a leader in the decentralized finance (DeFi) space. Pre-sale success and…
Australian prosecutors have reportedly dismissed Andrew Forrest’s lawsuit against tech giant Meta over cryptocurrency scam ads featuring his face on Facebook. The development is a major blow to the Australian billionaire, who has been trying to hold Meta accountable for allegedly allowing malicious actors to use his images to promote cryptocurrency scams. Australian authorities dismiss Forrest case due to insufficient evidence In February 2022, Andrew Forrest launched the first lawsuit against Meta, claiming the Silicon Valley-based company failed to prevent the company from using his image and name in fraudulent ads on Facebook. Forrest, who is also Australia’s second-richest person,…
Investment contracts are securities regulated by the SEC, so if a cryptocurrency transaction is eligible, it falls under that agency’s jurisdiction and must be properly registered under the law. Regulators have argued to lawmakers and courts that most digital assets are securities, but Coinbase and industry insiders argue that once an asset reaches the secondary market and is no longer tied to the company that issued it, tokens are more than that. . SEC’s legal scope. Answering this dispute will be fundamental to the US cryptocurrency sector.
bitcoin BTC -4.55% According to The Block’s, the next halving event is now just one week away, or about 1,000 blocks away. Bitcoin halving countdown page.The estimated countdown is based on Bitcoin’s average block creation time of 10 minutes, and as things stand, the potential date for reaching the next halving block height of 840,000 is April 20th at 9am ET (5am ET). Set to . Bitcoin’s next halving event will see the subsidy reward for miners on the network decrease from 6.25 BTC to 3.125 BTC per block.Bitcoin halving is programmed to occur automatically every 210,000 blocks, or approximately…
Bitcoin fell nearly 5%, reaching $65,000 for the first time in a week, as the overall cryptocurrency market cap fell 7%. Ethereum price also experienced a liquidation, with the largest altcoin falling 8.5% in 24 hours. According to Coinglass, more than 277,000 traders liquidated $877.79 million worth of assets in 24 hours. BTC declines are likely driven by pre-halving pullbacks and miner capitulation. There is a familiar expectation that the halving will lead to a larger bull cycle for Bitcoin. The pullback usually occurs when traders start taking profits just before the halving, anticipating a short-term high before the event.…
Decentralized finance (DeFi) has brought groundbreaking changes to the global financial landscape by relying on decentralized networks and leveraging blockchain technology for transparent and trustless financial transactions. The importance of DeFi lies in its potential to reshape financial systems, freeing them from central authorities and fostering a more inclusive and accessible global economy. In particular, the evolution of DeFi has established it as a viable alternative to traditional financial structures, gaining popularity for its ability to provide financial services to individuals who have traditionally been excluded or underserved by the mainstream banking system. . For individuals looking to increase their…