Posted 1 minute ago In ~ Social media platform Farcaster has launched support for Solana, incorporating blockchain addresses for user verification.This allows Warpcast, a client of Farcaster, to link users’ Solana addresses through wallets compatible with the platform. Solana’s most widely used wallet, Phantom, has confirmed this integration.This new feature is Currently workingAccording to Dan Romero, founder of Farcaster.Farcaster has gained traction within the cryptocurrency community and has emerged as a preferred platform over competitors such as Lens.Farcaster, which launched last year, saw a significant increase in user activity in January, hitting a daily active user record shortly after Frames…
Author: Crypto Flexs
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partLiquidity pools are a critical component of the decentralized finance (DeFi) ecosystem, pooling funds through smart contracts to enable trading without traditional financial intermediaries. They incentivize liquidity providers through cryptocurrency rewards and a share of trading fees, and facilitate trading, lending, and other DeFi activities through mechanisms such as automated market makers (AMMs). This democratization of finance will significantly expand the reach and effectiveness of financial tools globally, making financial services accessible to both the unbanked and underbanked.For a significant number of people on the planet, obtaining basic financial tools is not easy. Bank accounts, loans, insurance and similar financial…
George Town, Grand Cayman, February 24, 2024, Chainwire The staking program accumulated over $129 million TVL in less than 24 hours. Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2 research, is an innovative program that allows users to earn Zircuit Points by staking ETH, Liquidity Staking Tokens (LST), and Liquidity Re-Staking Tokens (LRT). We launched Stake. Shortly after launch, Zircuit Stake has already amassed over $129 million on the Ethereum mainnet and continues to rise. Zircuit’s community has gained an impressive following of over 112,000. Twitter Within a short period of 4 months, we gained followers and 125,000 Discord…
Bitcoin bisector It’s coming fast. Market analysts say: decryption This time, there is a unique situation that will play a significant role for traders and investors.The lingering doubt for most people is the age-old question: Is the Bitcoin halving reflected in the price?The largest digital coin by market capitalization has surged in value since the last three halvings, but the effect was not immediate. And this time, other factors are at play, including renewed interest from retail investors and the upcoming launch of Bitcoin ETFs in the US market. interest rate This could be positive for risk assets overall due…
The native token of the Solana (SOL)-based decentralized wireless provider is falling in price following its launch on Coinbase, the leading U.S. cryptocurrency exchange platform. Helium Mobile (HELIUM), a wireless phone service that encourages users to network to earn rewards, is now fully live, according to Coinbase. Supported On the trading platform. “Helium Mobile (MOBILE) is now available on coinbase.com and the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” According to the listing news, HELIUM price is down more than 10% from the 7-day high of $0.0042…
Axie Infinity co-founder Jeff “Jihoz” Zirlin was targeted by hackers who managed to steal 3248 ETH worth $9.7 million from a compromised wallet. The stolen funds were siphoned off by hackers using Tornado Cash. Axie Infinity Co-Founder Target Details of the hack were revealed by blockchain security company PeckShield, which posted information about the whale wallet compromise on Ronin Bridge, revealing that the hackers stole 3248 ETH. “The whale wallet appears to have been compromised and ~3,248 $ETH (~$9.7M worth) was withdrawn from #Ronin Bridge and transferred to #TornadoCash.” Alexander Larsen, co-founder of Ronin Network, responded to this post saying…
Magic Square, a web3 app store backed by Binance Labs and others, has acquired token launch platform TruePNL for an undisclosed amount.“The acquisition was financed entirely with cash,” Andrey Nayman, founder and CEO of Magic Square, told The Block. Nayman said that as part of the deal, Magic Square acquired TruePNL’s entire front-end and back-end infrastructure, “but excluding the brand name, domains, social media accounts, and TruePNL (PNL) tokens.”MagicSquare began talks with TruePNL last month to initially explore white label solutions for its future staking and Launchpad platforms, but those discussions ultimately ended in a deal, Nayman said. “The acquisition…
Binance Holdings Inc. will pay one of the largest corporate fines in U.S. history after a judge approved the company’s guilty plea agreement, according to the latest report. This comes months after the cryptocurrency exchange and its former CEO and founder Changpeng Zhao pleaded guilty to violating anti-money laundering laws, inching closer to a lengthy investigation by the Department of Justice (DOJ) and other regulators. Binance takes full responsibility for its past actions: Attorney At a court hearing in Seattle on Friday, February 23, U.S. District Judge Richard Jones approved a plea agreement for the world’s largest cryptocurrency exchange. The…
Hedgecoin is a revolutionary cryptocurrency that is changing the way people interact with money. With its unique features and benefits, Hedgecoin has the potential to become your gateway to financial freedom. What is Hedgecoin? Hedgecoin is a decentralized digital currency that enables secure and anonymous transactions without the need for a central authority. It is built on blockchain technology that ensures transparency and security of all transactions. Advantages of Hedgecoin Security: Hedgecoin uses advanced encryption technology to ensure the security of your transactions. Privacy: Hedgecoin allows you to transact anonymously without revealing your identity. Accessibility: Hedgecoin can be accessed and…
Ritual is collaborating with EigenLayer to enhance Ethereum’s AI capabilities by leveraging decentralized AI services and a re-staking mechanism for economic security. Ritual, a pioneering AI network, presentation Strategic partnership with EigenLayer, a protocol that extends Ethereum’s staking and security model. The collaboration is set to develop new Actively Validated Services (AVS) designed to support Ritual’s Infernet and future sovereign chains, while also providing a unique opportunity for Ethereum operators to engage in AI-driven operations with potential new revenue streams. The Ritual team plans to launch the world’s first sovereign, community-owned AI network, using Infernet as its initial product. This…