reporter Posted on: February 23, 2024 Avalanche’s ecosystem has experienced tremendous growth recently. Despite the ecosystem growth, the price of AVAX has fallen, resulting in lower lows and lower highs. Avalanche (AVAX) has seen tremendous growth over the past few months in terms of its ecosystem. sudden surge in activity In the fourth quarter of 2023, the network saw a notable surge in on-chain activity, recording 6.4 million transactions on November 22 and 6.3 million on December 19. The first surge was initiated by ASC-20 and the second surge was driven by increased activity related to meme coins. This surge…
Author: Crypto Flexs
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Binance, one of the world’s largest cryptocurrency exchanges, announced a partnership with Celestia (TIA) to introduce additional features to the Chainlink ecosystem. At the same time, Borroe Finance (ROE), a new player in decentralized finance, is gaining prominence. Chainlink’s Strategic Partnership Chainlink, a decentralized oracle network, has launched a series of new advancements and collaborations to strengthen its infrastructure and ecosystem. These initiatives include the development of the Cross-Chain Interoperability Protocol (CCIP), which connects various blockchains. Chainlink has also…
Posted 1 minute ago In ~ Representatives of the European Union (EU) Council and European Parliament agreed on Thursday on the location of the headquarters of a new European authority for anti-money laundering and terrorist financing, deciding that the organization AMLA will be based in Frankfurt. , germany.AMLA, which will oversee the cryptocurrency sector, will have more than 400 employees and is expected to begin operations in the middle of next year. press release Announced yesterday, the organization is labeled as “central to reforming the EU’s anti-money laundering framework”.But Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and Capital…
On the morning of May 10, 2023, Kraken testified before the House Financial Services Committee and the House Agriculture Committee about the SEC’s cryptocurrency glut. Kraken testified that current laws do not adequately address the digital asset industry and that Congress could do more to enact a set of rules to better protect consumers and investors. Kraken testified on its new set of cryptocurrency exchange rules: Congress should limit the SEC’s jurisdiction in favor of other agencies.. The next day, the SEC called Kraken and said they would file a lawsuit. Cryptocurrency innovators in the United States need not fear…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. After the price of Bitcoin (BTC) recently soared to $50,000, speculation was rampant about its prospects. One of the most compelling arguments was made by MicroStrategy CEO Michael Saylor, who suggested that the cryptocurrency has the potential to reach $1 million over time. To support his claim, he noted that the price of Bitcoin has surged 330% since 2020. Saylor also highlighted the record investor influx that the recently launched Bitcoin ETF has attracted since its U.S. launch. In…
New innovations and opportunities are constantly emerging in the cryptocurrency world. One opportunity that has made waves in the cryptocurrency community is Squall Coin. What is Skolcoin? Squall Coin is a new cryptocurrency that aims to revolutionize the way digital transactions are made. Built on secure and transparent blockchain technology, it becomes a stable and efficient means of delivering value. Key Features of Skolcoin Some of the key features that make Squall Coin stand out are: Fast and safe transaction low transaction fees decentralized network Scalability for mass adoption Why Squall Coin Could Be the Next Big Thing As demand…
In an eagerly anticipated development, Ethereum’s (ETH) upcoming ‘Dencoon’ upgrade, scheduled for March 13, is poised to bring significant advancements to the scalability, security, and usability of the Ethereum network. Renowned cryptocurrency analyst Miles Deutscher highlighted this key point. hard fork upgrade, We highlight their potential to advance the entire ecosystem and share our picks of the best altcoins poised to benefit from the coming changes. Ethereum Dencun Upgrade to Increase L2 Attractiveness? The Dencun upgrade, part of the Ethereum roadmap initiative known as “The Surge,” is a series of Ethereum improvement proposals (EIP) enhances the efficiency and functionality of…
An interesting pre-sale is making waves in the cryptocurrency market, with BlockDAG (BDAG) and Bitcoin Dogs ($0DOG) emerging as the frontrunners. BlockDAG Notably, the second batch of pre-sales was reached in record time, and the Bitcoin Dogs ICO launch also raised an impressive amount of money. Meanwhile, the Avalanche (AVAX) price is riding a roller coaster of ups and downs, but analysts remain optimistic about AVAX price going forward. focus all attention Bitcoin dog Bitcoin Dogs ($0DOG), the first token on the Bitcoin blockchain, raised a significant amount of money within the first four hours of a pre-sale that began…
join us telegram A channel to stay up to date on breaking news coverage The price of Fetch has surged 14.5% in the last 24 hours. Traded for $1.12 As of 8:15 a.m. EST, trading volume was up 10.5% to $612 million. The surge comes after AI chipmaker Nvidia reported fourth-quarter results that beat market expectations, sending much of the AI cryptocurrency sector higher. Including other AI cryptocurrencies set to surge Render (RNDR), Akash Network (AKT), and Bittensor (TAO) all rose by double digits. Fetch.ai Price Bullish Momentum Above Sustains Bullish Pennant FETUSD Analysis by Tradingview Fetch.ai price shows a…
Asia • February 22, 2024, 10:45 PM EST Posted 1 minute ago In ~ Jeffrey Zirlin, co-founder of Sky Mavis, creator of the Axie Infinity game, said in his X post that two of his wallets were hacked on Friday morning Asian time, and that Ronin was not affected. Blockchain security company PeckShield Confirmed The “whale wallet” was compromised with approximately 3,248 Ether worth approximately $9.7 million, which was withdrawn from Ronin Bridge and transferred to cryptocurrency mixer Tornado Cash.“The attack is limited to my personal account and has nothing to do with the verification or operation of the Ronin…