Arbitrum is a leading layer 2 scaling solution built to help Ethereum achieve faster transaction speeds, lower fees, and higher throughput without compromising security or decentralization.The core of Arbitrum utilizes an optimized rollup design to batch transactions on the Ethereum mainnet while retaining the benefits of a strong security model. The Arbitrum ecosystem has two main roll-up solutions that help scale Ethereum in various ways.Public chain decisionrandom orbital chainLet’s take a closer look at both.Public chain decision:Arbitrum public chain is a universal roll-up chain that can support a variety of dApps, from DeFi to social media and gaming. The current…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage This week, Bitcoin fell significantly from its all-time high of $49,000 to $40,000 due to concerns surrounding Mt. Gox and FTX, creating uncertainty about its future direction. Despite the surge fueled by news from CNA, which features endorsements and participation from major players like BlackRock, some analysts predict that Bitcoin could fall as low as $31,000. Bitcoin price analysis and price prediction Bitcoin price is experiencing a downward trend after experiencing a strong rejection at the psychological level of $49,000. Despite the challenges, Bitcoin successfully recovered…
Posted 1 minute ago In ~ OKX, one of the largest cryptocurrency exchanges by trading volume, announced that it will gradually discontinue mining pool services starting today.The company will stop registering new users starting January 26, while existing users will continue to be able to use the pool until February 25. All services related to OKX mining pool will be discontinued on February 26th.OKX, which rebranded from OKEx in January 2022, said the decision was made due to “business adjustments” but did not elaborate further.OKX’s pools previously supported mining several proof-of-work cryptocurrencies and providing staking services. However, many of the…
Tenkun is coming. and Ethereum will be many As a result, according to the developers, it has become cheaper. Blog post from the Ethereum Foundation yesterday Confirmed The next two phases of the long-awaited upgrade, Sepolia and Holesky testnets, are scheduled to be completed by early next month. This means that the upgrade should be live on mainnet by March. The post said, “If the upgrade of Sepolia and Holsky goes well, Dencoon is scheduled for the next Ethereum mainnet,” adding that Sepolia is scheduled to be completed on January 30th and Holsky is scheduled to be completed on testnet…
Bitcoin ETF was launched with approval from the U.S. Securities and Exchange Commission. Traders can access the platforms of asset managers such as BlackRock and Fidelity and begin their journey with BTC starting January 10, 2024. However, there are certain aspects that the community is still trying to address, including transparency, hope, and hesitation. Transparency takes center stage On-chain transparency has been prioritized since Bitcoin ETF application approval. It had to do so given concerns about market manipulation and the misuse of mechanisms to avoid illicit fund transfers across borders. Bitwise took the lead by sharing the wallet address of…
The Financial Stability Board (FSB) has published its 2024 work program, highlighting a robust approach to the regulation of crypto assets and a sharp focus on the financial impact of digital innovation. Tokenization And artificial intelligence (AI). The FSB, the international body that oversees the global financial system, has drawn up a comprehensive plan for 2024 that centers around the need to streamline the implementation of a global regulatory framework for cryptocurrency asset activities, an initiative that began taking shape last July. 2023. The framework requires cryptocurrency platforms to separate customers’ digital assets from the platforms’ own funds, ensuring a…
Algorand Foundation CEO Staci Warden’s X (formerly Twitter) account has been hacked. The foundation announced the breach and urged the community not to click on links or respond to direct messages from the account.On January 26, Warden’s X account was hacked. Posted Messages that insult the Algorand community and use racial slurs to indicate that someone else is in control of the account. Then the hacker encourage A community that sells Algorand and buys Ethereum instead.The attacker then shared the following: backhanded This is the story that supposedly took Algorand to new heights by giving Tron founder Justin Sun “complete…
Coinbase, the leading US cryptocurrency exchange, added two unknown altcoins to its listing roadmap this week. According to new news, exchange customers will soon be able to trade Aerodrome Finance (AERO) and Velodrome Finance (VELO). presentation. Aerodrome Finance is the trading and liquidity marketplace for Base, Coinbase’s Ethereum (ETH) layer 2 scaling solution. The project is a fork of Velodrome, the trading and liquidity marketplace of Optimism (OP), another Ethereum layer 2 scaler. Aerodrome’s native token, AERO, is up over 69% in the last 24 hours. The 1113th largest cryptocurrency asset by market capitalization is trading at $0.0747 at the…
partBitcoin ETFs are securities that aim to track the price of Bitcoin.It can provide a simpler way to invest in Bitcoin for people who don’t have a wallet or exchange account.There are different types of ETFs that operate in different ways, including futures and spot.In early January 2024, the SEC approved the public trading of several spot Bitcoin ETFs, including options such as iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBT), and Fidelity Wise Origin Bitcoin Fund (FBTC).Risks, benefits, and regulatory issues are just a few things to consider when considering a Bitcoin ETF as an investment.Many financial assets have…
Grand Cayman, Cayman Islands, January 25, 2024, Chainwire Gaming, e-commerce, and DeFi applications are leveraging Sui’s single social authentication, removing the biggest obstacle blocking web3’s mainstream audience. Sui, the fast-rising layer 1 blockchain created by the leaders of Facebook’s Diem project, today announced that more than 10 decentralized applications (dApps) in the Sui ecosystem have integrated zkLogin, the first native building block to make Web3 logins: Just log in with your familiar web credentials, like Google or Twitch. Sui continues to evolve zkLogin, adding additional features such as new providers and multi-signature capabilities. Thanks to the recently added features, it…