Rollup platform AltLayer has raised $14.4 million in a strategic funding round co-led by Polychain Capital and Hack VC.OKX Ventures, HashKey Capital, Bankless Ventures, Primitive Ventures, SevenX, Mask Network, IOSG and TRGC also participated in the round, which closed in September 2023, according to a statement released today. According to the statement, the new capital will be used to expand the AltLayer team and further develop its rollup infrastructure. AltLayer did not disclose its valuation.The raise comes after AltLayer launched its native token last month and rewarded users who staked Celestia and EigenLayer, AltLayer’s NFT holders and community campaign participants.…
Author: Crypto Flexs
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reporter Posted on: February 20, 2024 BLUR formed a range in December but crossed it in January. The recent bullish dynamics across the market are also keenly reflected in the BLUR chart. Blur (BLUR) has been on a strong run in recent weeks, rising 110% since January 8th. The 1-day chart also showed a steady bull market structure. Technical indicators explained the dominance of buyers. The transition to the $0.55 support level was achieved in mid-January. An explosive rally followed the retest in the first week of February. Could the rally break past $1? BLUR continued to break through key…
With 2024 already underway, anticipation in the cryptocurrency world is at an all-time high as everyone prepares for Bitcoin’s halving. This is an event that could reshape the Bitcoin market landscape. Historically, this event is worth looking at because it sparked a wave of change throughout the cryptocurrency industry. Knowing what we have learned from previous halvings, we will move ahead with a keen eye and shape our movements based on these insights. But is this halving something different? Let’s find out. From digital gold to rare platinum: Bitcoin’s story of scarcity and increasing valueBitcoin’s design is to reduce the…
Minutes Network unveils plans to onboard more than 1 billion users by Q1 2026. -Chainwire housenewsroomMinutes Network unveils plans to onboard more than 1 billion users by Q1 2026. 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 explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an…
Cryptocurrencies have become a hot topic in the investment world in recent years, and EagsCoin is definitely one to watch. EagsCoin is a decentralized digital currency that offers a variety of benefits and investment opportunities for those looking to get on the ground floor of a potentially lucrative market. What is EagsCoin? EagsCoin is a cryptocurrency created with the goal of providing a trustworthy, secure, and decentralized way to transfer and store value. Built on blockchain technology, transactions are guaranteed to be safe and transparent. EagsCoin also offers low transaction fees and fast processing times, making it an attractive option…
Ethereum (ETH) price approached $3,000 on February 19 amid anticipation of developments expected to occur in the coming months.As of 8:35 PM UTC, the ETH price is: $2,937, market capitalization of $352.96 billion. This change represents a growth of 4.12% over 24 hours. This is significantly larger than Bitcoin’s 0.4% gain over the same period and larger than the cryptocurrency market’s overall 1.2% rise.Lido Staked Ether (STETH) saw a similar gain of 3.88% in 24 hours. The Ethereum 2.0 staking token category gained 5.4%, according to data from CoinGecko.Ethereum accounted for a relatively small portion of 24-hour liquidations. The assets…
Cardano (ADA) needs a price increase above $0.63 to sustain its upward trend, while Pandoshi presale (Pambo) shows promising intentions for token distribution. on the other side, BlockDAG (BDAG) distinguishes itself with a sophisticated proof-of-work algorithm combined with a directed acyclic graph (DAG) architecture. With unique features and a successful pre-sale that raised more than $1 million, analysts predict a 5000% ROI by 2024. Let’s take a look at why BlockDAG is attractive to long-term investors seeking high growth potential. Pandoshi Surges Analyst Estimates Prominent cryptocurrency analysts have been actively monitoring Pandoshi, an alternative to Cardano, since the start of…
AllianceBlock, a blockchain infrastructure platform for asset tokenization, has announced a rebrand and new vision for open finance. The move will see AllianceBlock reborn as the Nexera Foundation and launch Nexera Finance as a means of accelerating the adoption of asset tokenization. Nexera Finance will focus on developing enterprise use cases that make it easier for businesses to tokenize and trade a variety of assets. Nexera Foundation Comes Back to Life Building on the goodwill and reputation we have built over the years as AllianceBlock, the Nexera Foundation will pursue the mission of enabling the tokenization of TradFi assets and…
Airdrop farmers have started spamming GitHub repositories about projects that may initiate token airdrops in the future, much to the frustration of developers.“Don’t submit GitHub issues solely for agricultural purposes,” said a researcher at Scroll known as Pseudo. “The Scroll core team is stretched thin as is, so don’t make our lives any harder.”Airdrop farming is not new. Since some large projects suddenly gave away governance tokens to early users in 2020, people have been trying to game the system by doing things to other projects that they think will qualify them for future airdrops. Typically, this has focused on…
Coinbase Commerce, the cryptocurrency payment solution of U.S. exchange Coinbase, has stopped supporting Bitcoin payments using self-custodial wallets. The exchange’s CEO, Brian Armstrong, stated that it would maintain support for UTXO-based on-chain payments for Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols such as Base and Polygon. Coinbase Commerce(…)