After leaving financial and cryptocurrency market watchers to read the tea leaves to predict the next big move, investment giant BlackRock spilled the tea on its tokenized asset fund late Wednesday. The fund, called ‘BUIDL’, will be built on the Ethereum network and is the company’s first tokenized fund issued on a public blockchain.The BlackRock USD Institutional Digital Liquidity Fund was first registered in the British Virgin Islands last year.“BUIDL brings significant benefits to investors by enabling ownership issuance and trading on blockchains, expanding investors’ access to on-chain products, providing instant and transparent payments, and allowing cross-platform transfers,” BlackRock said…
Author: Crypto Flexs
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Ethereum price began a recovery in the $3,050 region. ETH is up over 10% and is currently struggling to break the $3,550 resistance area. Ethereum began a significant recovery in the $3,050 region. The price is trading above $3,350 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance at $3,400. If it settles above the $3,550 resistance zone, it could continue to rise. Ethereum price begins to recover Ethereum price, like Bitcoin, expanded its decline below the $3,350 and $3,200 levels. ETH also…
Posted 1 minute ago In ~ Federal Reserve Chairman Jerome Powell told reporters shortly after his committee planned to keep interest rates on hold for the time being that a central bank digital currency (CBDC) is not currently being secretly worked on by banks. “It is wrong to say that we are working on a CBDC, that we have a secret laboratory here, and that we will present it to Congress at the appropriate moment. We are not,” Powell said in a televised news conference Wednesday. “I haven’t made any decision at all that I think this is what America…
As part of a strategic effort to reduce Ethereum’s transaction fees, its core developers have come up with a plan to increase the network’s gas limit, with the goal of significantly reducing user costs. The plan, outlined under the banner of ‘pumping the gas’, aims to improve the performance and economics of blockchain.A leap toward improved efficiencyOn March 20, Eric Connor, a pivotal figure among Ethereum developers, together with Mariano Conti, former head of smart contracts at MakerDAO, introduced an attractive platform that advocates increasing Ethereum’s gas limit from 30 million to 40 million. They claim that these adjustments could…
The prices of BOME and PEPE rose by more than 8% and 10%, respectively. The metrics looked bearish for both memecoins. As market sentiment gradually changes, Book of Meme (BOME) and pepe We are optimistic as we record promising growth. Therefore, AMBCrypto planned to closely examine these memecoins to see if this upward trend would continue for longer. BOME and PEPE bulls are buckling. CoinMarketCap’s data It has become clear how these two memecoins achieved their rise. The value of BOME has surged more than 8% in the last 24 hours. At the time of writing, Meme Coin was trading…
As AI transforms digital commerce, transparency and proactive privacy measures have become key to balancing innovation with consumer trust and safety. The integration of artificial intelligence (AI) into digital commerce has revolutionized the way businesses interact with consumers. However, as AI systems become more complex, concerns about transparency, privacy, and accountability are gaining traction. Ensuring consumer trust in a rapidly changing environment is critical not only to the success of digital commerce, but also to maintaining ethical standards and safety. AI Transparency: A Pillar of Trust Transparency in AI systems is essential to building and maintaining consumer trust. When users…
March 20th Changelog: Version 1.92 Posted at 16:10h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.92 characteristic Added an option for Turkish customers to update their TCKN information on the confirmation page.We updated the homepage design and added the mobile app QR code to the header. Updated the deposit/withdrawal information page to add status tables for listed cryptocurrencies.Vietnamese language support has been added to the staking and leaderboard pages.Added a pop-up notifying eligible…
March 20th Changelog: Version 1.92 Posted at 16:10h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.92 characteristic Added an option for Turkish customers to update their TCKN information on the confirmation page.We updated the homepage design and added the mobile app QR code to the header. Updated the deposit/withdrawal information page to add status tables for listed cryptocurrencies.Vietnamese language support has been added to the staking and leaderboard pages.Added a pop-up notifying eligible…
Palo Alto, CA, March 20, 2024, Chainwire Pilotfish, a prototype Sui extension, was able to increase smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming language, and cryptography experts and originators of the Sui Network, today announced a milestone in scaling blockchain capacity. During testing and development in the Sui blockchain environment, Pilotfish, a Sui scaling prototype, successfully demonstrated linear scalability by increasing throughput by 8x with the support of eight systems. Notably, as more machines were added during testing, the latency per transaction decreased, demonstrating the…
“This is the latest advancement in our digital asset strategy,” said Robert Mitchnick, head of digital assets at BlackRock.