Stake DAO announced that it has taken a significant step toward interoperability with the inclusion of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable the seamless transfer of its native token, SDT, across different blockchain networks. The formation of this strategic alliance represents a significant achievement for Stake DAO and Chainlink in facilitating enhanced cross-chain capabilities and opening new prospects for participants in the decentralized finance (DeFi) ecosystem. By integrating Chainlink CCIP, Stake DAO plans to improve accessibility to its expanding user community and accelerate token transfers. Through the Chainlink CCIP integration, Stake DAO transcends blockchain barriers to facilitate the secure…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Bitcoin Ordinals, a relatively new way to create non-fungible tokens through imprinting, continues to bring more new collections of NFTs and smart contracts to the Bitcoin blockchain network. In less than two years, the number of inscribed ordinal numbers exceeded 60 million. Summary: What is Bitcoin Ordinal Inscription? According to the description, Bitcoin inscription is the process of inserting arbitrary data or content, such as text, images, or video, into Satoshi, the smallest unit of Bitcoin. During this process, the sats are inscribed with random content,…
that much ton +9.36% The Foundation, a group of non-profit contributors to The Open Network (TON) blockchain, has launched the first round of its Toncoin community rewards initiative called The Open League, valued at over $115 million at current prices.Following a successful pilot program, The Open League will distribute 30 million Toncoins to competing projects and TON ecosystem users starting April 1.According to a statement shared with The, the TON Foundation has already distributed 650,000 Toncoins ($2.6 million) to users through a liquidity pool boost as part of the pilot, with the winning project from the pilot competition on March…
An unknown trader pocketed millions of dollars in profits within minutes after untimely shutting down a new memecoin running on the Solana (SOL) network, according to on-chain data. Blockchain tracking company Lookonchain first discovered a trader who spent nearly 10,000 SOL to accumulate approximately 70 million Slerf (SLERF) tokens. Lookonchain said it had no plans to hold on to the SLERF stack for long periods of time, as traders immediately unloaded it at the first opportune time. “unbelievable! This guy made ~$3.02 million by trading SLERF in just 12 minutes! He spent 9,894 SOL ($1.98 million) to purchase 69.74 million…
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.The Value Of BitsData is the most liquid commodity market in the world. In the smartphone era, unless extreme precautions are taken, everywhere you go, everything you say, and everything you consume is quantifiable among the infinite spectrum of the information goods markets. Information goods, being inherently nonphysical bits of data, can be conceptualized, crafted, produced, or manufactured, disseminated, and consumed exclusively as digital entities. The internet, along with other digital technologies for computation…
Over the past decade, cryptocurrencies have experienced exponential growth and popularity, with Bitcoin leading the way as the most well-known digital currency. However, in recent years, a new player has emerged called PabyosiCoin. What is PabyosiCoin? PabyosiCoin is a decentralized digital currency that aims to revolutionize the way we think about money and transactions. Built on blockchain technology, PabyosiCoin provides secure, fast, and transparent transactions without the need for intermediaries such as banks or financial institutions. Why PabyosiCoin? There are several reasons why PabyosiCoin stands out as a promising cryptocurrency. Scalability: PabyosiCoin is designed to handle a large number of…
Sui’s Mysten Labs Technology Prototype Provides First Evidence of Elastic Blockchain Scaling – Chainwire housenewsroomSui’s Mysten Labs Technology Prototype Provides First Evidence of Elastic Blockchain Scaling 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…
Game-focused Xai Ethereum established network decision Thanks to our expansion technology, a new collaboration with a renowned indie game curator called The MIX, we’ll be able to add a ton of games by the end of the year.Media Indie Exchange (MIX) says it could launch more than 100 games on its layer 3 Xai network by the end of 2024. And we said the first of those games should be live within 60 days. There are no confirmed matches yet, but they will be announced individually.“We have already confirmed many games and have a large pipeline of games that we…
Ethereum’s Dencun hard fork reduced layer 2 rollup costs, but the ecosystem needs infrastructure to integrate them. Anurag Arjun, co-founder of Avail, discusses the importance of neutral third-party players in streamlining the user experience.Although Ethereum has made progress in scaling layer 2 rollups, infrastructure consolidation is needed. Arjun highlights the importance of neutral third-party players in building an independent roll-up infrastructure to unify the Ethereum layer-2 ecosystem.Arjun focuses on building the infrastructure that delivers leading rollup protocols such as StarkWare, zkSync, Arbitrum, and Optimism. Avail aims to be a rollup-agnostic platform by implementing techniques such as data sampling to efficiently…
Sygnum Bank breaks new ground by tokenizing $50 million worth of Matter Labs’ treasury reserves into the Fidelity Institutional Liquidity Fund, strengthening synergies between traditional finance and cryptocurrencies. Sygnum, a prominent digital asset banking group, announced that it is tokenizing $50 million of Matter Labs’ treasury reserves. This strategic initiative was fueled by Fidelity International’s investment in the $6.9 billion Institutional Liquidity Fund (ILF), which represents a significant advance in the integration of blockchain technology with traditional financial products. Matter Labs, known for its pioneering work scaling Ethereum through zk-rollup technology, has taken this step as part of a broader…