Vitalik Buterin, the creator of Ethereum, recently expressed his thoughts on the current state of the Web3 ecosystem in a blog post titled “Make Ethereum Cypherpunk Again.” Ethereum Founder Expresses Concerns About Fading Web3 Vision in blog post Published on December 28, Ethereum founder Vitalik Buterin looked back on a past experience he witnessed 10 years ago. Steady Adoption of Bitcoin It is integrated into daily life activities. In this reflection, Buterin highlighted the innovative vision he visualized for the Web3 ecosystem. “I recall these memories because they remind me of the deeper vision behind cryptocurrency. We are not here…
Author: Crypto Flexs
The battle for the hearts and minds of future Bitcoin ETF customers is already in full swing. To be clear, the new financial product has not yet been approved by the U.S. government. But hopeful financial institutions are already making a proactive move to assert their rights in the still-virtual Bitcoin ETF market. On Friday, investment management firm VanEck, the latest entrant to the TV race, released a stylish Bitcoin-focused teaser ad on Twitter. Everyone is so stupid…1. This is not an advertisement or advertisement (it says almost nothing, right?)2. This is a teaser video made by an intern in…
The PancakeSwap community has approved a proposal to remove 300 million CAKE from the project’s maximum supply. The proposal passed with nearly 98% of votes in favor. The price of CAKE has fallen sharply over the past 24 hours, down 9.5% near $3.46. The PancakeSwap proposal to reduce the decentralized exchange token supply from 750 million CAKE to 450 million CAKE has passed. Voting on the proposal opened on Thursday, December 28 and closed on Friday, December 29. According to details on the voting page, 97.88% of all votes passed the proposal, paving the way to officially reduce CAKE’s maximum…
Posted 1 minute ago In ~ Investment manager VanEck has added fuel to the frenzied speculation that the Securities and Exchange Commission could be closer to approving a spot Bitcoin ETF. video Last Friday, social media made fun of the term “Born to.” Bitcoin BTC -1.20% .” The 19-second video came on the same day the asset manager filed an updated Form S-1 with the SEC. dozen The companies appear to be ironing out the final details of their applications with regulators ahead of a final decision deadline next month. VanEck tipped his hat to individual investors in a previous…
The Avalanche Foundation is expanding its support for meme coins. This move could further increase the popularity of Avalanche, a low-fee, high-throughput blockchain, and support its native coin, AVAX. Avalanche Foundation Supports Meme Coin Foundation acquired X on December 29 said We will continue our Culture Catalyst initiative to encourage meme coin activity, including real-world assets (RWA), non-fungible tokens (NFTs), and more. They continue to aim to promote innovation and promote blockchain adoption by supporting the creation of “new forms of creativity, culture and lifestyles” with this campaign. The Avalanche Foundation believes that meme coins have carved out an important…
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Jump Trading plans to pursue a civil trial next year with cryptocurrency company Terraform Labs (Terraform) and the U.S. Securities and Exchange Commission (SEC). The judge ruled that Terraform engaged in the sale of unregistered securities, but new insight may be needed into how Jump Trading acted as a market maker for the company. The judge ruled that Terraform Labs did not engage in an unregistered securities exchange. His request to join Jump Trading came after a whistleblower claimed to know of Jump’s intention to support TerraUSD in May 2021. Judge demands clarity on jump participation If true, it would…
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The total value locked in decentralized finance protocols has reached a yearly high of $52 billion. This is a level not seen since just days before FTX collapsed in November 2022.The turbulent history that has cast a shadow over the sector following the fall of FTX and other companies such as Terra, Three Arrows Capital and Chelsea, and the fact that the events surrounding these players have created widespread uncertainty about both centralized and decentralized financial protocols. When considered, this resurgence is notable.Both sectors have shown signs of recovery in recent months. For DeFi in particular, since the start of…
VanEck, a prominent investment management firm, has released an interesting new Bitcoin ad that is causing excitement and speculation within the Bitcoin community. This launch comes amid growing anticipation surrounding the possibility of the Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).The ad features high-quality production recorded at PubKey, a Bitcoin bar in New York City. “Every Bitcoin user in New York should make a pilgrimage to New York.public keyIf you haven’t already,” VanEck said.This move by VanEck appears to be a prelude to an imminent decision on the much-anticipated Spot Bitcoin ETF. Industry analysts interpret…