ERC-404, a new, experimental token standard on Ethereum that combines the properties of NFTs and cryptocurrencies, soared to a market capitalization of $170 million and generated $87 million in trading volume. Tokens on Ethereum currently fall into two broad categories: non-fungible ERC-721 tokens and fungible ERC-20 tokens. New Token Standard ERC-404, a new token standard that combines the features of NFTs and fungible tokens, has created significant hype and momentum in the Ethereum ecosystem. Pandora, the first ERC-404 token to use this standard, has seen a significant rise in value and is currently trading at $16,600, up 5000% since its…
Author: Crypto Flexs
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The final Ethereum testnet has been upgraded. Ethereum’s TVL has added nearly $3 billion over the past three days. According to a recent report, Ethereum (ETH) developers have reached the second phase of the Dencun mainnet upgrade. Holesky gets Ethereum upgrade Recently presentation The final deployment as expected from the Ethereum developers has been successful. On December 7, the Dencun upgrade was deployed to the Holesky testnet, completing the final testnet deployment ahead of mainnet launch. The staged upgrade implementation was pre-deployed on the Goerli testnet on January 17th and on the Sepolia testnet on January 30th. Additionally, Ethereum’s last…
Funding • February 8, 2024 2:05 AM EST Posted 5 minutes ago In ~ BlackRock and Fidelity’s spot Bitcoin exchange-traded funds already have an edge over Grayscale. Bitcoin BTC +3.52% Trust (GBTC), the largest fund by assets under management, is rated on at least two liquidity metrics, according to JPMorgan.The first indicator is JPMorgan’s proxy for market breadth based on the Hui-Heubel ratio. This indicator is about 4 times lower for the BlackRock and Fidelity ETFs. This means these two ETFs exhibit much broader market breadth than GBTC, JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report Wednesday.The second…
Patientory Wallet Launches Telehealth Services for GLP-1 to Improve Population Health, Raises Additional Funding – Chainwire housenewsroomPatientory Wallet Launches GLP-1 Telehealth Service to Improve Population Health, Raises Additional Funding We use cookies to make your experience on Chainwire’s website better. 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 expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic…
The company, backed by NYSE owners, was introduced in 2018 with the initial goal of helping Starbucks customers buy coffee with Bitcoin.
As the world becomes more digital, the way we exchange value is also changing. One of the most important developments in this field is the rise of digital currencies. TekCoin is at the forefront of this revolution, providing a secure, decentralized and efficient way to trade. What is TekCoin? TekCoin is a digital currency that uses blockchain technology to facilitate secure and transparent transactions. Built on a peer-to-peer network, transactions are conducted directly between users without any intermediaries. This not only reduces transaction fees, but also makes the system more resilient to censorship and fraud. Key Features of TekCoin Decentralization:…
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on February 6 that it would delist three tokens, including major privacy coins Monero (XMR), Aragon (ANT), Multichain (MULTI), and VAI. . Delisting is scheduled for February 20, 2024. Binance said the token no longer meets the high listing standards it expects to provide users with a healthy and sustainable cryptocurrency ecosystem. TLDR Binance announced that it will delist privacy coin Monero (XMR) along with three other coins on February 20, 2024. Delisting due to Monero no longer meeting Binance’s listing standards and contributing to a healthy cryptocurrency ecosystem. The…
Key Takeaways What is Memenator? rememberer It’s a Web3 project that aims to launch as a meme token and provide utility to people who use memes. The whitepaper details the strategy the development team intends to create to turn Memeinator into one of the leading meme coins in the cryptocurrency space. What makes this an interesting project is the value proposition it offers to investors and content creators. The launch of Memeinator as a meme coin is aimed at capitalizing on the recent increase in trading volume and popularity of meme coins. The team explained that Memeinator’s main utility is…
The BC Supreme Court case raises concerns about AI trustworthiness in legal proceedings and highlights the need for regulation, training and ethics guidance for legal professionals. The Supreme Court of British Columbia is currently considering a case that highlights the challenges and risks associated with the use of artificial intelligence in litigation proceedings. This case is particularly noteworthy as it marks a significant moment in the Canadian legal system regarding the filing of manipulated AI-generated legal cases and potentially sets a precedent for the use of such technology in legal contexts globally. The case began when a lawyer, identified in…
February 7 What is SEI? Posted at 18:13h education Maria Lobusova Sei stands out as the first parallelized EVM blockchain that combines Ethereum’s leading development framework with Solana’s high performance. Prioritizing reliability, security, and high throughput, Sei has been live on mainnet since August 2023 and claims to be the fastest layer 1 blockchain, consistently finalizing blocks in 390ms. Sei recognizes the limitations that current layer 1 blockchains impose on trading apps, such as speed, scalability, and stability issues, and aims to address these issues by providing specialized infrastructure. This infrastructure is built specifically to meet the needs of trading…