Mysten Labs, the core developer of Sui blockchain, presentation Expanding partnership with Alibaba Cloud. This collaboration aims to strengthen the Sui blockchain ecosystem through a series of innovative services. A.I (AI) technology. Key aspects of this partnership include the development of a customized AI-enabled environment for Sui’s Move language developers. Mysten Labs and ChainIDE are jointly creating AI-enabled tools that simplify Move code development. Based on natural language processing, this tool allows developers to generate mobile code from simple prompts. Leveraging the infrastructure and technical support of Alibaba Cloud, this initiative promises to accelerate the pace of experienced developers and…
Author: Crypto Flexs
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Despite the recent decline, 83% of operating profit owners recorded a surplus. If the upward trend continues, operating profit could return to $3.25.. AMBCrypto revealed that the price of OP, the native token of the Optimism network, has fallen 20% over the past seven days. This decline was contrary to the token’s performance earlier this year. For example, we reported how OP hit an all-time high (ATH) due to price increases. But despite the recent decline, about 80% of operating profit holders are still making a profit, data from IntoTheBlock shows. Despite the price falling almost 20% in the last…
RippleX (the developer arm of Ripple Labs) and Peersyst Technology are close to launching the highly anticipated Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger (XRPL). The plan is set to combine Ethereum’s powerful smart contract capabilities with XRPL to usher in a new era of cross-chain functionality and scalability. XRP Ledger RippleX sets the tone: presentation At X, we urge our community to participate in the latest updates. “What’s the latest on the EVM sidechain for XRPL? Check out Peersyst’s updates!” They shared comprehensive progress reports provided by Peersyst, informing the community. of piersis Communication It was full…
Algotech Presale Raises $1.1M in 2 Days and Transforms DeFi Landscape – Chainwire housenewsroomAlgotech presale raises $1.1 million in 2 days and transforms DeFi landscape 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 communications network. Technical storage…
bitcoin BTC +0.95% The price of rose above $40,000 at several points on Wednesday but hovered just below that level as market observers continued to watch the selling of Grayscale’s spot Bitcoin ETF.According to The Block’s pricing page, the price of the world’s largest cryptocurrency by market capitalization was $39,672 at 4:37 PM ET. Bitcoin price is up 1.3% in the last 24 hours, but Bitcoin price is down almost 14% in the last two weeks.We’d like to summarize why the asset has fallen since the launch of the spot Bitcoin ETF earlier this month. On its first day of…
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often referred to as “crypto mom” for her positive stance on cryptocurrencies, shared her insights on Ethereum in a recent interview with Coinage Media. Peirce suggested that the US SEC may not require a lawsuit to guide its decision to approve an Ethereum spot ETF. SEC Commissioner’s Optimistic Outlook on Ethereum ETF Peirce cited the Grayscale court ruling that was instrumental in getting the SEC to approve a spot Bitcoin ETF. She emphasized that the U.S. SEC should not wait for court intervention to correct its approach, acknowledging that the regulator’s…
On April 15-16, the international forum Blockchain Life 2024 will bring together more than 8,000 cryptocurrency leaders and thousands of international companies at the main event of the year in Dubai.Official trailer for 2024: https://youtu.be/jSn8TWHV9Lg Buy tickets: https://blockchain-life.comWhat to expect:- A premium community comprised of cryptocurrency whales and industry leaders. More than 160 experts gave speeches analyzing the market in two stages. More than 150 major industrial companies and promising startups were displayed at this exhibition. Dozens of teams participate in the Startup Pitch contest. Traditionally, many of these projects will grow within a few months. A smart networking app…
Investor and cryptocurrency analyst Fred Krueger said: predict A “vicious” Bitcoin (BTC) rally is coming soon. He cited the recent unprecedented accumulation of coins by Wall Street heavyweights. This surge in institutional interest coincides with the recent approval of the first spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). Wall Street Increases Bitcoin Purchases In a post on To illustrate, the analyst noted that Fidelity is purchasing approximately 4,000 BTC daily. Related Read: Bitcoin Goes to the Doctor: 5 Key Indicators for BTC in 2024 On the other hand, Krueger says Ark is consuming over 1,500 BTC…
This article discusses the implications of the Market for Crypto Assets (MiCA) proposal for utility tokens. It outlines specific types of crypto assets that fall outside the scope of MiCA, including DeFi protocols, pure-play NFTs, CBDCs, security tokens, and other crypto assets that qualify as financial instruments. The introduction of licensing requirements for cryptocurrency service providers, asset-referenced token issuers and e-money token issuers is also detailed. One of the key aspects of MiCA is the oversight of cryptocurrency asset service providers at member state level. Competent authorities are responsible for supervising these providers and ensuring compliance with MiCA regulations. The…
Investor and cryptocurrency analyst Fred Krueger said: predict A “vicious” Bitcoin (BTC) rally is coming soon. He cited the recent unprecedented accumulation of coins by Wall Street heavyweights. This surge in institutional interest coincides with the recent approval of the first spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC). Wall Street Increases Bitcoin Purchases In a post on To illustrate, the analyst noted that Fidelity is purchasing approximately 4,000 BTC daily. Related Read: Bitcoin Goes to the Doctor: 5 Key Indicators for BTC in 2024 On the other hand, Krueger says Ark is consuming over 1,500 BTC…