Metis Accelerates Liquidity Protocol Hercules from Ecosystem Development Grants – Chainwire housenewsroomMetis Accelerates Liquidity Protocol Hercules from Ecosystem Development Grants 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 is necessary for the…
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Market • March 16, 2024 7:18 AM EDT Posted 1 minute ago In ~ Solana’s price is quickly approaching $200 for the first time since December 2021, and the token is currently priced at around 20% off its all-time high.Solana brush +13.39% The price is currently $196. The Block’s pricing page. It has risen 16% in the last 24 hours, reaching a market capitalization of $84.7 billion. The market capitalization is on track to hit a new all-time high, rising above its peak in November 2021. While Solana’s price has decreased compared to previous highs, its supply has increased significantly,…
Nigeria’s Securities and Exchange Commission (SEC) has proposed to increase registration fees for cryptocurrency exchanges from $18,620 (30 million naira) to $93,000 (150 million naira). The SEC noted the need for clarity and input from industry stakeholders, especially following the agreement with the Central Bank of Nigeria (CBN).The proposed amendments to the rules governing platforms providing cryptocurrency services also include increasing the filing/application fee for digital asset exchanges and custodians from $62 (100,000 Naira) to $186 (300,000 Naira) . Additionally, the processing fee will increase from $186 (300,000 Naira) to $620 (One Million Naira).The SEC aims to rename the rules…
Grayscale said the Ethereum spot ETF is as powerful as Bitcoin. Concerns about approval began to surface. Grayscale Investments has filed amended filings with the U.S. Securities and Exchange Commission (SEC) to convert its flagship Ethereum (ETH) trust into a spot ETF. one step closer Craig Salm, the company’s chief legal officer, told X (formerly Twitter) about the revised Form 19b-4. This marks a pivotal step in listing Ethereum spot ETF shares on the New York Stock Exchange (NYSE), allowing investors to benefit from the price movements of the world’s second largest digital asset. If you’re curious, Form 19b-4 is…
15 Mar Anatomy of the Halving Part 2: Block Reward and Network Security: Navigating the New Economic Landscape Posted at 16:34h in Announcements by admin The upcoming Bitcoin halving will be the network’s most anticipated halving yet to take place. The halving, a programmed reduction in the block reward miners receive for validating transactions and adding them to the blockchain, is set to significantly impact the Bitcoin mining industry. The industry is known as extremely competitive, with miners sometimes operating on razor thin margins. Scheduled to occur next month, around April 19th, this halving will see the current reward of…
Posted 1 minute ago In ~ Dubai International Financial Center (DIFC), a tax-free special economic zone in the United Arab Emirates, announced the enactment of a new digital asset law earlier this week.Together with the new securities law and related amendments to existing laws, the enactment aims to ensure that the DIFC keeps pace with technological developments in international trade and financial markets and provides legal clarity to investors and users of digital assets.DIFC’s Digital Assets Act will come into effect on March 8, following a review of the regulatory approaches taken by various jurisdictions around the world and a…
Development has steadily continued over the last month and a half as we approach the launch of Metropolis. Over a series of core dev calls over the last few months, we have specified and finalized the EIPs for Metropolis, and made the appropriate changes to the Yellow Paper. Metropolis has now been split up into two consecutive forks, named “Byzantium” and “Constantinople”. EIPs for Byzantium (Metropolis part one) are essentially finalized, and the last remaining work to be done has to do with writing tests and making sure that all clients are passing all tests. The Ethereum network continues to…
The decentralized finance (DeFi) sector is witnessing notable advancements with the emergence of ‘plug-and-play’ DeFi tokens that promise to not only simplify the trading experience but also improve profitability through advanced technological integration. Among the rising stars Option 2 Trade (O2T) Dogecoin (DOGE) is gaining prominence as it enters the fourth phase of presale, a milestone that has captured the attention of the active Dogecoin (DOGE) community. The synergy between a cutting-edge DeFi token and one of the most beloved meme cryptocurrencies heralds a significant shift in the DeFi landscape, pointing to a future where accessibility, technology, and community support…
The Avalanche Foundation has unveiled its first set of community coins, also called meme coins, invested in its $100 million Culture Catalyst fund, launching in 2022. Coq inu, gecko, kimbo, nochill and tech are the first five currencies. This is a portion of the assets held by the foundation and more may be selected(…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong. Read full disclaimer like…
Rebasing tokens are a specific type of cryptocurrency whose total supply is frequently modified. Fertilization occurs daily or several times a day. The goal of adjustments is to stabilize the price of the rebased token or target a specific value through a strategy of increasing or decreasing the token supply while responding to price deviations from the set target. For example, a positive rebase increases token supply and minimizes current holders’ balances if the token price rises above the target. Conversely, a negative rebase lowers supply and increases the value of existing holdings if the price falls below the…