Due to increased liquidity from STIP, Arbitrum’s TVL reached $2.7 billion. Active addresses and development activity have decreased. Four months after Arbitrum’s (ARB) Short-Term Incentive Program (STIP), Total Value Locked (TVL) has hit another all-time high. Arbitrum’s TVL was $2.7 billion, according to analysis from AMBCrypto’s Artemis dashboard. For those unfamiliar, TVL measures the overall health of a DeFi protocol. To arrive at this value, the metric looks at the total value of digital assets locked in a particular network. More Liquidity, More Control Simply put, a decrease in TVL means lack of liquidity in the protocol. This also means…
Author: Crypto Flexs
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January 31st What is Jupiter (JUP)? Posted at 14:32h in education, tokens by admin Jupiter is one of the most popular platforms on the Solana blockchain in decentralized finance (DeFi), and has recently become the most popular DEX integration platform in the world. It has established itself as an important liquidity aggregator responsible for pooling resources to ensure more efficient and effective token exchanges, perpetual futures, and decentralized stablecoin management. Jupiter’s original focus was to position itself similarly to platforms that fulfill a similar role on Ethereum by pooling liquidity for token swaps. However, we have recently expanded our offering…
Less than a month after trading began, the nine newly created spot Bitcoin exchange-traded funds now hold more than 200,000 units. BTC +6.20% Assets under management – excluding Grayscale’s converted GBTC funds.According to K33 Research, the nine new ETFs had amassed 203,811 ($9.5 billion) as of yesterday’s close. ETFs launched on January 11 include BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), and Franklin Templeton (EZBC). there is. and Wisdom Tree (BTCW).To put this in context, the newly created ETF now holds almost 1% of Bitcoin’s total supply of 21 million BTC. This…
London, UK, February 9, 2024, Chainwire Bitcoin Dogs will become a part of cryptocurrency history with the first ICO on the Bitcoin blockchain launching on February 14, 2024. The pre-sale of the native token, $0DOG, will only run for 30 days, with an end date of March 15, 2024, when it will become available for trading. The $0DOG coin comes with an immersive metaverse GameFi experience and an NFT collection, both available exclusively to token holders. The sale will begin in phase 1 at a price of $0.015 per token, with the price automatically increasing every 72 hours thereafter. In…
Special thanks to Sacha Yves Saint-Leger and Joseph Schweitzer for their reviews. Sharding is one of the many improvements that eth2 has over eth1. The term is borrowed from database studies, where a shard refers to a part of a larger whole. In the context of databases and eth2, sharding means dividing the storage and computation of an entire system into shards, processing the shards separately, and combining the results as needed. In particular, eth2 implements many shard chains, with each shard having similar functionality to the eth1 chain. This improves large-scale scaling. However, eth2 has a lesser-known type of…
Following the DAO grant and testing of other game engines by the protocol team, Decentraland will soon be available on more platforms. This will help strengthen your future foundation and foster business-driven creativity. As 2024 approaches, the primary goal of distributed foundations is to deliver new, powerful desktop customers that are uniformly designed. This will increase the odds while also paving the way for Decentraland to grow on alternative platforms such as mobile and VR. Decentraland is an open-source, decentralized, and community-oriented platform that provides everyone with the ability to contribute to the general development of a virtual social global…
As the cryptocurrency market continues to grow in popularity and develop, new coins and tokens with promising potential are emerging. One cryptocurrency that has been gaining attention in recent months is PesetaCoin. With unique features and strong community support, investors are excited about its potential to become the next big thing in the cryptocurrency world. What is Pesetacoin? PesetaCoin is a decentralized digital currency that aims to facilitate fast, secure and cheap transactions. The project was launched in 2017 and is built on a secure and robust blockchain network. The main goal is to become a widely accepted payment method,…
London, UK, February 9, 2024, Chainwire Bitcoin Dogs will become a part of cryptocurrency history with the first ICO on the Bitcoin blockchain launching on February 14, 2024. The pre-sale of the native token, $0DOG, will only run for 30 days, with an end date of March 15, 2024, when it will become available for trading. The $0DOG coin comes with an immersive metaverse GameFi experience and an NFT collection, both available exclusively to token holders. The sale will begin in phase 1 at a price of $0.015 per token, with the price automatically increasing every 72 hours thereafter. In…
How many Bitcoins does Satoshi have? At CoinCodex It is unclear exactly how many BTC Satoshi was able to mine, but the generally accepted estimate is that he mined around 1.1 million BTC. Converted at the current exchange rate, this amounts to over $51 billion. How can we calculate all of Satoshi’s Bitcoin holdings? You have to guess which address Satoshi Nakamoto created. This is difficult. Some estimates are as many as 20000 addresses. According to BitKan Satoshi Nakamoto is estimated to hold nearly 1.1 million bitcoins. It is important to keep in mind that these numbers are only estimates.…
Former FTX CEO Sam Bankman-Fried, whose Curcio hearing is scheduled for February 21, faces a potential legal representation conflict and highlights the complex legal issues following the FTX collapse. The legal landscape for former FTX CEO Sam Bankman-Fried is becoming increasingly complex as he is scheduled to face a Curcio hearing on February 21. This hearing, ordered by Judge Lewis Kaplan, is pivotal in resolving potential conflicts of interest. Within Bankman-Fried’s legal representation, we highlight the complex legal issues involved in the aftermath of FTX’s dramatic collapse. Sam Bankman-Fried, once the head of FTX, one of the largest cryptocurrency exchanges,…