Siacoin (SC) surged by 20% in 24 hours as liquidity circulated around the $2 trillion cryptocurrency market. Siacoin is a native token decentralized cloud storage blockchain Sia launched in 2015 to allow users to rent unused storage. SC’s market capitalization rose to $733 million as the price rose, with daily trading volume surging 38% to nearly $200 million per CoinMarketCap. Siacoin price | Source: CoinMarketCap One of the fundamental missions of cryptocurrency is to solve the problems of traditional and centralized services. In keeping with this ethos, Sia plans to provide trustless access to secure cloud storage at competitive prices…
Author: Crypto Flexs
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Friends, Since the last EF-Supported Teams report, progress has been made across the board. From improved network conditions, to the coming Istanbul release and Eth1.x and Eth2 development, all areas core to the functionality and sustainability of Ethereum are advancing. This series focuses on teams and efforts from the Foundation and larger Ethereum ecosystem that are working to grow and improve Ethereum as a whole. In this edition, we’re covering updates from many teams highlighted in the previous report, fully supported projects that are core elements of the Ethereum ecosystem like Eth2.0 Research, Geth and Solidity, and other ecosystem efforts.…
Injective announced that it has achieved cross-chain name service with Solana. This promotes interoperability with the first OmniChain domain release for both parties. This eliminates the need for domain changes while interacting with other ecosystems. This provides users with an improved experience. Simply put, users now only need to use a single domain name to transact across the Solana and Injective ecosystems. This can be better explained by mentioning that users will have the ability to have .sol domains by leveraging INJ. This further paves the way for the integration of Phantom. This will bring Solana and Injective closer together,…
Yuga Labs, the industry’s largest NFT studio, is getting bigger. The company announced that it has acquired competing non-fungible token creator Proof, best known for its Moonbirds collection.“As a company dedicated to championing art, culture and community on blockchain, we are excited to have PROOF join the Yuga ecosystem,” Yuga Labs CEO Daniel Alegre said in a statement.Yuga Labs declined to disclose details about the acquisition when asked how much the company might have paid to acquire Proof, founded by entrepreneur Kevin Rose. Proof’s Moonbirds collection was once one of the most popular NFT brands on the market, but it…
As institutional interest in the cryptocurrency sector grows, the prices of some large altcoins, including Optimism (OP) and Kaspa (KAS), are on the verge of hitting record highs. With billions of dollars flowing into Bitcoin ETFs, native cryptocurrency investors appear to be reinvesting their profits into altcoins. After weeks of uninterrupted gains between January 23 and February 16, the global altcoin sector grew by $108 billion as several large altcoins hit new all-time highs this month. Caspar (KAS) Price: 7% Down from All-Time High Kaspa (KAS) is a layer 1 proof-of-work (PoW) cryptocurrency that currently ranks 31st on the global…
Ethereum (ETH) competitor Cardano (ADA) saw its total value locked (TVL) explode in the fourth quarter of 2023, according to cryptocurrency analytics firm Messari. In the new quarterly report, Messari pointed out that Cardano’s TVL hit an all-time high of $449 million on December 14 and increased 166% in the fourth quarter compared to the previous quarter. The project’s rapid growth in the fourth quarter also contributed to an increase of 693.4% compared to 2022. TVL represents the amount of capital deposited within a protocol’s smart contracts and is often used to measure the health of the cryptocurrency ecosystem. Source:…
As of Friday, February 16, 2024, the value of Bitcoin has hovered between $51,850 and $52,350, and on-chain insights from Arkham Intelligence show that Nasdaq-listed cryptocurrency exchange giant Coinbase is currently holding over 1 million Bitcoins. It appears that they have it. Based on current market prices, the San Francisco-based company’s assets are worth just over $52 billion. Coinbase shines (…)
With the rise of cryptocurrency, there is no shortage of new coins and tokens entering the market. One of the tokens that is receiving attention is Camcoin. But what exactly is Camcoin and why is it being touted as the next big thing in cryptocurrency? In this article, we will uncover the secrets of Camcoin and explore its potential to be a game changer in the world of digital currencies. What is CamCoin? Camcoin is a decentralized digital currency that operates on a peer-to-peer network. Built on the Ethereum blockchain, it utilizes smart contracts to enable safe and transparent transactions.…
Chromia and RSTLSS join forces to bring digital asset design to Web3 users – Chainwire housenewsroomChromia and RSTLSS join forces to provide digital asset design to Web3 users 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 explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
If Joe Biden wants a smart, friendly AI chatbot to answer his questions, his campaign team won’t be able to use Anthropic’s ChatGPT competitor Claude, the company announced today.“We do not allow candidates to use Claude to build chatbots that can pretend to be themselves, and we do not allow anyone to use Claude for targeted political campaigns,” the company said in a statement. Violations of this policy will result in a warning and ultimately suspension of your access to Anthropic services.Anthropic’s public statement of its “election misuse” policy comes as the potential for AI to generate large quantities of…