With Bitcoin reaching record highs amid rising cash exchange-traded fund inflows, analysts at research and brokerage firm Bernstein expect a “big bang” DeFi recovery to come next.While the Bitcoin rally can be attributed to spot ETFs, the broader market recovery following Bitcoin’s all-time high of around $69,000 is expected to be led by the DeFi niche. This accounts for 6 of the 10 most revenue-generating protocols. On the cryptocurrency front, Bernstein analysts Gautam Chhugani and Mahika Sapra wrote a note on Monday.Analysts claimed that the DeFi sector was “completely wiped out” during the last cycle, playing an unsustainable yield game…
Author: Crypto Flexs
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Cardano (ADA) founder Charles Hoskinson has stepped forward to address the recent controversy surrounding Nami, a wallet acquired by the protocol. Amid speculation and uncertainty, Hoskinson revealed some surprising facts about Nami’s capabilities. Hoskinson digs deeper, illuminating the complex issues plaguing Nami’s ADAHandles implementation and promising insights into strategic solutions for Cardano. that famous, “I’m quickly learning about Nami. We formed a weekend team to investigate issues related to Nami’s ADAHandles implementation.” fundamental problem To provide clarity, Hoskinson described a scenario where a user enters a handle from $NFT to $NFT and there is a delay in updating the destination…
PLX token price rose 250% through the pre-sale phase. The pre-sale has ended and the tokens are now waiting to be listed on cryptocurrency exchanges. The first exchanges to list PLX are expected to be BitMart and Uniswap thereafter. Pullix, an innovative DeFi protocol, has successfully completed its pre-sale phase, marking a significant milestone in its journey to revolutionize the cryptocurrency trading landscape. This pre-sale, which attracted a lot of attention from investors, now clears the way for Pullix’s native token, PLX, to be listed on the cryptocurrency exchange, which is listed on Uniswap starting today. Pullix: A pioneering hybrid…
Amid privacy concerns, South Korea’s Personal Information Protection Commission has launched an investigation into Worldcoin’s data collection practices. The Personal Information Protection Commission (PIPC) has launched an official investigation into cryptocurrency project World Coin (WLD) due to concerns about its data collection methods, including the collection of iris information. The Commission detailed its course of action on March 4, 2024, after receiving a series of complaints about the privacy implications of Worldcoin’s operations. Worldcoin has been investigated for collecting biometric data at various locations within South Korea. PIPC’s investigation will focus on compliance with the Personal Data Protection Act, particularly…
Floki Inu (FLOKI), a dog-themed cryptocurrency, has caught the attention of investors, traders, and enthusiasts alike with a notable surge in price. The coin’s value has experienced a rapid rise, surging by more than 50% in the last 24 hours alone. FLOKI records an impressive weekly rise of 336% However, it is the weekly period that really surprised market watchers as FLOKI recorded an impressive rally of 336%. This price surge follows a community-backed proposal to burn 2% of the token supply. The token burn proposal received overwhelming support from the community, with nearly 90% of votes cast in favor…
As the world of cryptocurrency continues to develop and expand, new projects are constantly emerging that have the potential to revolutionize the industry. One of the projects that is gaining attention in the cryptocurrency community is Mineum. What is Mineum? Mineum is a decentralized cryptocurrency that aims to provide a secure, efficient and user-friendly platform for digital transactions. It is built on a blockchain network that ensures transparency and immutability of transactions, making it a trustworthy option for users looking to invest in digital assets. Key Features of Mineum One of Mineum’s key features is its focus on security. The…
We’re excited to announce that Devcon4’s presentation video is now available for viewing! As promised, we recorded sessions in the Spectrum (main stage), Prism (side stage), Radiant Orchid (breakout room), and Ultra Violet (breakout room) rooms. This year there are two viewing options: SlidesLive and YouTube. slide live SlidesLive allows you to view talks as resizable, synchronized slides. You can view the SlidesLive version of the talk. here. You can search for lectures by the presenter’s name. using this link. youtube See the Ethereum Foundation Devcon4 playlist on YouTube below. Day 0 (October 30, 2018) Day 1 (October 31, 2018)…
Posted 1 minute ago In ~ Updated: March 4, 2024, 5:00 AM EST USDT -0.06% , the world’s largest stablecoin, reached a circulating supply of nearly 100 billion on Monday. The supply of stablecoins pegged to the dollar is currently at an all-time high of approximately $99.5 billion. The Block’s pricing page.Market capitalization, which is supply multiplied by price, topped $100 billion at one stage as values fluctuated. Tether claims this. Website All USDT tokens are pegged to the US dollar at a 1:1 ratio.This year, major events such as the launch of a spot Bitcoin ETF in the US…
Binance announced support for the Pixel (PIXEL) airdrop allocated to eligible Ronin (RON) locked product users. This initiative is an important milestone for Ronin stakers within the Binance ecosystem. Airdrop season continues to excite the community, and the Pixels airdrop is the latest. Binance’s Pixel Token Airdrop Eligibility Criteria According to the announcement details, this airdrop will recognize participation from various segments of Ronin Lock product subscribers. So rewards range from 183.34 PIXEL for the lowest tier to an impressive 3,955.11 PIXEL for the highest tier subscribers. “Eligible Ronin Locked product users will receive PIXEL tokens in their Spot wallet…
BlackRock’s spot Bitcoin exchange-traded fund (ETF) is scheduled to debut in Brazil tomorrow, according to a report from InfoMoney, Brazil’s largest financial markets news platform. The launch follows BlackRock’s announcement that the Brazilian Depositary Receipt (BDR) of the iShares Bitcoin Trust ETF (IBIT39) will begin trading on the Brazilian stock exchange B3 on Friday, according to the report.“Our digital asset journey is underpinned by the goal of providing investors with high-quality access,” said Karina Saade, President of BlackRock Brazil. She said: “IBIT39 is a natural progression of our efforts over many years and builds on the fundamental capabilities we have…