Cosmos developer AllinBit (AiB) will introduce a new blockchain network called GovGen ahead of AtomOne, a controversial fork of Cosmos Hub. Development of GovGen, scheduled to launch Tuesday at 9 a.m. ET, is led by All in Bits, a company owned by Cosmos co-founder Jae Kwon. Kwon has had serious disagreements with the wider Cosmos community in recent years. GovGen will shape the design of the upcoming AtomOne fork through a decentralized decision-making process. “GovGen will vote on all decisions about what AtomOne will look like and how it will be launched,” a spokesperson said. GovGen, the network’s native token,…
Author: Crypto Flexs
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After hitting a yearly high of $53,000, Bitcoin has been accumulating below this level or slowly falling into better buy-in territory as it prepares for the next stage of the rally. Bitcoin continues to be purchased by spot Bitcoin funds, which is helping push the price up significantly. But could these purchases loosen up as those looking to test the Bitcoin ETF waters have mostly done so and the remaining institutions are now waiting for lower prices before entering? Bull flag or rollover? Source: CoinGecko/TradingView What is clear is that Bitcoin is slowly rolling over, forming lower highs and lower…
reporter Posted on: February 26, 2024 Anatoly Yakovenko recently posted a tweet hinting at a relationship between Solana (SOL) and Satoshi Nakamoto. This follows the release of 120 pages of emails between Nakamoto and Martti Malmi, sparking a heated debate in the cryptocurrency community. This email, which dates back to the early days of Bitcoin (BTC), provides insight into its development and underlying vision and illuminates Nakamoto’s perspective. Anatoly, tweeted, “Satoshi also invented Solana. She covered up her tracks much better this time. The truth is out there.” Blockchain Harmony Story Yakovenko’s tweet also highlighted Satoshi’s previously mentioned statement. Mert,…
The cryptocurrency market continues to evolve due to dynamic changes in investor sentiment, regulatory environment, and technological advancements. This week, special attention is given to six coins that are at a critical juncture, each for unique reasons. Here’s what to watch: #1 Bitcoin: ETF data, monthly closes and US PCE Bitcoin remains an indicator of the market, with investors and analysts alike closely monitoring its movements. This week, the focus will again be on daily Bitcoin ETF inflows and outflows, a key indicator of institutional interest. But Thursday’s monthly close will also be closely watched. According to renowned cryptocurrency analyst…
Bitcoin, the leading cryptocurrency, is showing steady movement, and Ethereum, the largest alternative coin, recently soared above $3,100 to $3,135 over the weekend. This surge in the value of Ethereum occurred without any specific events driving it, demonstrating its strong market position. Recently, Ethereum is attracting attention from large investors, also known as whales, because it is more profitable than Bitcoin. Source of report Look on chain It was revealed that these whales have been actively purchasing Ethereum. For example, a whale known as 0x8B94 moved and invested 14,632 ETH worth $45.5 million on Binance in just 6 days. Additionally,…
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Last week, Uniswap proposed to reward UNI token holders who stake and delegate their staked tokens with a portion of DEX fee revenue. UNI is Uniswap’s native governance token. The cryptocurrency community welcomed this proposal, sending UNI 60% higher. Several other DeFi tokens, including COMP, AAVE, and SUHI, have also witnessed an increase in value.
Grayscale Research sees a bright future for Ethereum. However, it is full of challenges and it all depends on how you navigate the competition. For example, Solana and Tron are performing better in day trading. However, Ethereum is gaining attention in terms of weekly development and revenue. Ethereum also needs to strengthen its security aspects. The current delay is in transaction fees. Grayscale Research is bullish on Ethereum due to the upcoming upgrade, net deflationary supply, potential approval of a Spot Ether ETF, and $2 billion in network revenue generation in 2023. Grayscale Research also believes that use cases for…
OVERDARE partners with Circle for Web3 integration in mobile games to empower creators around the world. OVERDARE’s Settlus network integration ensures transparent revenue distribution on the blockchain. The global launch of the OVERDARE platform is expected in the second half of 2024. Marking an important milestone in the convergence of blockchain technology and mobile gaming, OVERDARE, a joint venture backed by gaming giants KRAFTON and NAVER Z Corporation, has announced a strategic partnership with Circle Internet Financial. The goal of this collaboration is to reshape the mobile user-generated content (UGC) gaming landscape by integrating Circle’s programmable wallet into the OVERDARE…
Posted 1 minute ago In ~ explosion based Gambling project RiskOnBlast reportedly raised 420 ether, or $1.29 million, in a token pre-sale last week before burning through its funds on February 25, attracting investors. Website and social media account Also gone. Blockchain fraud researcher SomaXBT said At Sunday Cryptocurrency gambling platform RiskOnBlast was one of the participants in Blast’s Big Bang competition. Blast offers winning web3 projects the opportunity to be featured on the mainnet.Blast is an Ethereum Layer-2 project built by Tieshun Roquerre, founder of the Blur NFT marketplace.pacman.” According to DeFiLlama, it has raised capital from several investors,…