Posted 1 minute ago In ~ Updated: March 14, 2024, 11:47 PM EDT Vera Chaina bear-themed DeFi project run by unnamed co-founders, is expected to reach unicorn status after raising more than $69 million in a funding round led by Brevan Howard Digital and Framework Ventures, sources familiar with the matter told Bloomberg. It was quoted and reported. According to Bloomberg, after its latest funding round via token sale, Berachain has an estimated valuation of $1.5 billion. report. Cosmos-based, EVM-compatible Berachain focuses on DeFi trading, lending, and borrowing services. Tri Token System. The platform is comprised of natural gas token…
Author: Crypto Flexs
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London, UK, March 13, 2024, Chainwire Memeinator is nearing the end of its ICO and recently raised over $6.5 million. It is already at level 19 out of 20 and the price is $0.0276. The Memeinator team is optimistic that pre-sales will likely sell out quickly. The Memeinator storyline explains how it was sent from 2077 to eliminate current derivative meme coins. This will be revealed in Memeinator’s upcoming ‘Meme Warfare’ game. Here, players embody Memeinators, or Memeinators, who fight their way through enemy coins on a mission to comb through a web of coins that the Memeinator community denounces…
Global cryptocurrency exchange OKX has listed Ether.fi’s governance token ETHFI for spot trading, highlighting the expansion of its platform and the growth of the DeFi sector. Leading cryptocurrency exchange OKX has officially announced the inclusion of Ether.fi (ETHFI) in its spot trading market. This move is an important step for both OKX and the decentralized finance (DeFi) ecosystem, reflecting the growing interest and adoption of innovative financial protocols. ETHFI tokens can now be deposited on OKX from 6:00 AM UTC on March 15, 2024, and spot trading against USDT will begin at 12:10 PM (UTC) on March 18, 2024. ETHFI…
U.S. Senators Jack Reed and Laphonza Butler have urged the Securities and Exchange Commission to reconsider its position on approving additional cryptocurrency exchange-traded products (ETPs), particularly those targeting products outside the Bitcoin space. A formal request was made to the SEC. The appeal, stated in a letter to SEC Chairman Gary Gensler, highlights lawmakers’ concerns about investor protection and the unique risks posed by “volatile” cryptocurrency markets. U.S. Senator Urges Gensler to Freeze Approval of Spot Cryptocurrency ETF At the heart of the senator’s concerns is the accessibility and sale of volatile cryptocurrency investments to the general public through brokerage…
Mantle Network completes Mainnet v2 Tectonic upgrade, delivering lower gas fees and improved EVM interoperability. Mantle Network layer 2 The tech space has officially completed its transition to the Mainnet v2 Tectonic upgrade, a move that sets the stage for a new era of cost-effective and interoperable blockchain transactions. With this upgrade, Mantle Network aims to position itself as one of the most efficient Ethereum layer 2 solutions in terms of transaction fees and cross-chain functionality. The Mainnet v2 Tectonic upgrade is a step forward from previous versions, built on the powerful OP Stack Bedrock framework. The network has been…
The Ethereum network is scheduled to undergo a hard fork as follows. Number of blocks: 4.37 million (4,370,000)This will most likely occur between 12:00 UTC and 13:00 UTC. Monday, October 16, 2017. The Ropsten test network underwent a hard fork on September 19 (UTC) at block number 1.7 million (1,700,000). The countdown timer can be viewed here: https://fork.codetract.io/. What should I do as a user? Download the latest version of the Ethereum client. What if I’m using a web or mobile Ethereum wallet like MyEtherWallet or Jaxx? Ethereum websites and mobile applications that allow you to store and trade ether…
Bitcoin price is falling from the resistance level of $73,000. BTC would need to stay above the $67,000 support to start a new increase in the near term. Bitcoin price has corrected its upward trend and is falling in the $73,000 range. The price is trading below $71,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $72,820. The two could revisit the $67,000 support zone in the near future. Bitcoin price falls further Bitcoin price made another attempt…
Posted 1 minute ago In ~ Updated: March 15, 2024, 1:25 AM EDT that much avalanche Avex -3.70% The foundation that powers the Avalanche blockchain network has released the first five coins that are part of its “community coin reserve.”These include meme coins such as Coq Inu, Gecko, Kimbo, NoChill, and Tech. The inclusion of this coin in the portfolio is part of the foundation’s broader Culture Catalyst program, which claims to “cultivate web3 creators.”Last year, the foundation declared its intention to acquire community coins associated with the Avalanche network. The coin’s selection process follows the foundation’s guidelines and emphasizes…
The SEC has charged 17 individuals involved in a $300 million Ponzi scheme targeting primarily Latino investors through the so-called CryptoFX LLC. The U.S. Securities and Exchange Commission (SEC) has charged 17 individuals for their involvement in a $300 million Ponzi scheme that targeted Latino investors in the United States and two other countries. The scheme, detailed in a press release issued March 14, reportedly operated out of Houston, Texas, and offered “risk-free” and “guaranteed” financing to more than 40,000 investors across 10 states and two foreign countries. Cryptocurrencies promise significant wealth. And foreign exchange investment. The SEC’s action follows…
Over the past few years, the world has changed very rapidly with AI integration, automation, and the emergence of AI tools and apps that have added comfort to our daily work. Thanks to new AI tools at every step, menial tasks are no longer a headache. Likewise, integrating AI in the world of finance is about taking small steps. Startups face a very important decision: whether trusting an AI trading bot is a wise decision. And if their answer is no, it will fall short. You may be wondering, “Should I entrust all my assets to AI?” Yes No. Rely…