Avalanche blamed the problem on code-related bugs rather than performance handling. The outage gave AVAX a negative reputation. Less than three weeks after Solana (SOL)’s network outage, another popular smart contract blockchain went down. Avalanche falls asleep The Avalanche (AVAX) native network halted block production for nearly five and a half hours on February 23, disrupting transaction flow. According to the blockchain status page, Avalanche developers acknowledged that trading was halted around 11:30 a.m. UTC. Kevin Sekniqi, co-founder of Ava Labs, the creator of Avalanche, first attributed the outage to a “new wave of inscriptions” before confirming that the problem…
Author: Crypto Flexs
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The Nigerian government is at a crossroads regarding its stance on the cryptocurrency industry, leaving the community confused and uncertain about its regulatory intentions. Nathaniel Luz, co-founder and chief marketing officer of Flincap, a local cryptocurrency over-the-counter (OTC) exchange, called for clarity from authorities to ease confusion and create a conducive environment for cryptocurrency innovation.Mixed signals and access issuesRecent reports of Nigerian cryptocurrency users facing access issues to popular exchanges such as Binance and OctaFX have raised concerns within the community. Speculation is rampant that the government may ban cryptocurrency platforms, further exacerbating uncertainty about the regulatory environment.Blame Game and…
Cryptocurrencies have taken the world by storm in recent years, and more and more people are looking to invest in these digital currencies. One cryptocurrency that is gaining popularity is Song Coin. In this guide, we’ll take a closer look at Song Coin, how to invest in it, and why it could be the key to cryptocurrency success. What is Songcoin? Songcoin is a decentralized cryptocurrency designed specifically for the music industry. This allows musicians, music creators, and fans to communicate with each other in a more direct and transparent way. Song Coin’s goal is to revolutionize the music industry…
join us telegram A channel to stay up to date on breaking news coverage Pepe prices are up 8% in the last 24 hours. Traded for $0.0000009623 As of 8:40 a.m. EST, trading volume had increased 168% to $241 million. Pepe Price Preparing for Bull Rally Above Falling Wedge Pattern PEPEUSDT Analysis by Tradingview PEPE price has broken out of a descending wedge pattern, indicating a bullish trend reversal. The support level for Pepe at $0.00000060 laid the foundation for positive momentum, allowing bulls to push the price higher and reach the $0.00000180 resistance. Bearish trends halted momentum, drove prices…
Binance strengthens its Web3 wallet with ERC-404 token support and Inscription Marketplace and announces a $1 million airdrop to engage users. Binance, a leading global cryptocurrency exchange, has announced a major upgrade to its Web3 wallet, introducing a series of new features and integrations that streamline the user experience in the decentralized finance (DeFi) space. The platform launched the Inscriptions Marketplace, provided integrated support for ERC-404 tokens, and unveiled UI/UX improvements. Enhanced support for ERC-404 tokens Binance has expanded the usefulness of its Web3 wallet by incorporating support for ERC-404 tokens, which combine properties of the ERC-20 and ERC-721 standards…
Solsniffer is Solana’s first token sniffer seeking to set a new security standard – Chainwire housenewsroomSolsniffer is Solana’s first token sniffer that aims to set new security standards. We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with 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 expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic…
Today we will be releasing over $2 million in foundation-led and co-funded grants to accelerate the development of Serenity (Eth2.0) as we approach the launch of Beacon Chain. Eth2.0 Client Subsidy In recent months, the Ethereum Foundation has awarded significant awards to key client development teams tasked with delivering a long-term multi-client testnet as development approaches Phase 0 launch. We are proud to announce the recipients of these grants. Harmony Award: $189,000 for Harmony beacon chain development Github Prism Lab Award: $725,000 for Prysm client development Website | Github sigma prime Prize money: $485,000 for Lighthouse client development *Co-funders: Ethereum…
Grayscale has filed Form N-1A with the Securities and Exchange Commission. The idea is to seek approval for a privacy ETF. These products will be dedicated to the areas of cybersecurity and privacy, and Grayscale will be the first player in the market to launch such products. Company performance is measured across a variety of areas, including privacy, data security, artificial intelligence, edge computing, and cybersecurity products and services. People like Nate Geraci, co-founder of ETF Lab, welcomed the plan. nate did it smart moveThis complements the strategic inclusion of the Grayscale Zcash Trust within the fund, it added. The…
XRP price action The past three years have been hugely disappointing for cryptocurrencies as they have yet to take a positive turn for holders. XRP’s price action, especially over the past three months, has been brutal and needs to catch up compared to other large cryptocurrencies. Despite these overwhelming price movements, many analysts have not stopped making predictions. potential rally For XRP in the coming months. Bill Morgan, a lawyer known for his particularly bullish stance on XRP, recently took to social media to share his views on the asset’s poor performance, calling it “unnatural.” advertising Pro-XRP Lawyer Calls Decline…
Posted 1 minute ago In ~ Social media platform Farcaster has launched support for Solana, incorporating blockchain addresses for user verification.This allows Warpcast, a client of Farcaster, to link users’ Solana addresses through wallets compatible with the platform. Solana’s most widely used wallet, Phantom, has confirmed this integration.This new feature is Currently workingAccording to Dan Romero, founder of Farcaster.Farcaster has gained traction within the cryptocurrency community and has emerged as a preferred platform over competitors such as Lens.Farcaster, which launched last year, saw a significant increase in user activity in January, hitting a daily active user record shortly after Frames…