Release BlockDAG’s technical white paper has sparked excitement in the cryptocurrency community, offering attractive promises of a 20,000x return on investment. This remarkable advancement puts BlockDAG at the forefront of blockchain innovation and captivates investors with its unprecedented growth potential. At the same time, the cryptocurrency market is seeing notable movement and Arweave’s price is showing significant momentum, indicating growing interest in data storage solutions for blockchain. Moreover, the surge in SOL-based meme coins reflects the diverse investment opportunities within the cryptocurrency landscape, adding vitality and speculation to the market. These concurrent trends highlight a dynamic period in the digital…
Author: Crypto Flexs
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Coinbase’s Layer-2 Network Surges Trading ActivityBase, the Ethereum layer-2 network developed by Coinbase, has achieved a new milestone, recording the highest ever trading volume on a decentralized exchange (DEX) in less than 24 hours. Base’s trading volume increased 25% from the previous day, surpassing $1 billion.DEX volume (%) across exchanges. Source: DuneA leading DEX platform based onThe majority of trading activity was focused on UniSwap, which accounted for 64.3% of total trading volume. Other notable platforms contributing to volume include Aerodrome Finance (9.7%) and SharkSwap (7.8%).Increase in daily active usersThe network’s daily active users (DAU) also increased by 12.4%, from…
ADA fell nearly 21% on a month-to-month basis. The population of whales holding more than 1,000 ADA coins has decreased significantly. Cardano (ADA)’s price action has been disappointing in recent weeks, causing serious concern among holders of the coin. In fact, the ninth-largest cryptocurrency is down 11% for the week and nearly 21% for the month, according to CoinMarketCap. This makes ADA one of the worst performers in the market. Typically, these correction periods are utilized by a group of seasoned users to accumulate at a low price. But that wasn’t the case with the ADA. Whales don’t care about…
IntroductionNinety-one years ago today, President Franklin D. Roosevelt pulled off the greatest heist in American history.Unlike most robberies, this one was entirely legal. No safe-cracking was required; no ski masks, guns, or getaway cars. Just a pen and some White House letterhead.On April 5 1933, FDR issued Executive Order 6102, making it illegal for anyone in the United States to own gold. By penalty of up to a $10,000 fine or 10 years in prison, everyone in the country was ordered to turn in their gold to the government, by the end of the month.1EO 6102 is one of the…
DeFi • April 6, 2024, 5:53 PM EDT Posted 1 minute ago In ~ Decentralized lending platform ghost ghost +3.79% According to a post by Aave Chan Initiative founder Marc Zeller on “This is a temporary overhaul to enable ‘fee conversion’ next week,” Zeller said, after noting that Aave DAO’s current net income is approximately $60 million per year, reflecting five years of operating expenses. Zeller previously teased the idea of enabling fees for Aave stakers in another post on X. “The new version of the safety module will propose to the governance to distribute fees to stakers,” he wrote…
QuantAMM secures $1.85M in pre-seed funding round for on-chain asset management solution – Chainwire housenewsroomQuantAMM secures $1.85 million in pre-seed funding round for on-chain asset management solution We use cookies to make your experience on Chainwire’s website better. 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…
Bitcoin mining is interesting because there may not be that many jobs per Bitcoin mined. But it creates a lot of external jobs associated with it. In the movie, you see a lot of people doing contract work and going in and out of the facility, truck drivers, repair technicians, people pouring concrete, security guards. Considering the facilities alone, we plan to open a kitchen that can accommodate 40 employees. That will create five to 10 new jobs.
web3 charity Ubunation has partnered with UNDER Lea’s TRUST, a non-profit dedicated to improving access to education in Kenya, to launch an innovative charity fundraising campaign where 10,000 NFTs will be auctioned off to support the construction of a primary school in Nairobi. . The “ULT Dream Careers Lion Charity Collection Campaign” offers supporters the opportunity to purchase 10,000 unique, limited-edition NFT images of the lion, Kenya’s official animal. This campaign not only represents significant progress towards improving education for underprivileged children, but also represents a unique combination of technology and philanthropy. By purchasing one of these exclusive lion digital…
Cryptocurrency markets are known to turn modest investments into significant wealth. As the 2024 bull market progresses, interest is focused on choosing low-cost altcoins that promise outstanding returns. This article shows how a little-known cryptocurrency could be the key to generating profits beyond expectations, and provides an easy-to-follow guide for those looking to capitalize on the current market rally. It’s time to learn the secret to multiplying your wealth by choosing the right cryptocurrency. BlastUP went viral and raised $4 million in a matter of weeks. BlastUP, Blast’s premier launchpad, recently made waves in the cryptocurrency world with its surprising…
Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, expressed concern about consumer risks posed by “fraud, hype and confusion” surrounding Bitcoin. Moreover, he said that although cryptocurrencies have been around for more than a decade, “there are still no legitimate use cases in developed democracies.” ‘I’m worried (…)