Posted 1 minute ago In ~ Cryptocurrency startup Econia Labs has launched an on-chain order book. apartment appropriate + Mainnet said in a statement.Econia Labs, which raised $6.5 million in a seed round led by cryptocurrency venture fund Dragonfly earlier this year, launched on mainnet after an initial testnet competition. During the testnet phase, more than 1,000 traders from 68 countries participated, according to the company’s website.Econia implements an atomic matching engine that leverages Aptos’ sub-second finality to clear transactions the moment they are made, according to the company.The team said the goal is to serve traders who want to…
Author: Crypto Flexs
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We are excited to announce that Kraken now supports deposits and withdrawals. Ethereum (ETH) in the zkSync era! What is zkSync Era? zkSync Era is an Ethereum virtual machine compatible layer 2 rollup protocol from Matter Labs. Previously known as zkSync 2.0, the project was rebranded as zkSync Era in February 2023. ZkSync Era uses zero-knowledge (ZK) rollups to significantly improve Ethereum’s transaction throughput capabilities and lower fees. Era ZK Rollup works by batching transactions and validating them off-chain (separate from Ethereum’s blockchain). The operator generates a single cryptographic proof, known as a compact non-interactive argument of knowledge (SNARK), for…
Written by Matteo Greco, Research Analyst at Fineqia International, a listed digital asset and fintech investment firm. (CSE:FNQ). When analyzing BTC supply, approximately 68.5% of the total circulating supply has remained untouched for at least a year, close to its highest level. Additionally, BTC’s hash rate, which represents the computing power of the blockchain network, reached an all-time high on a 7-day moving average. These statistics highlight Bitcoin’s resilience. The number of long-term holders is increasing, reflecting the trend of holding assets for long-term appreciation rather than speculative purposes. At the same time, the growing competition among miners, despite mining…
Hive Digital Technologies, a prominent player in cryptocurrency mining, recently announced a significant expansion of its global operations. The company’s recent moves include acquiring new assets and a data center in Boden, Sweden. This acquisition will significantly increase Hive’s Bitcoin production capabilities. The newly acquired property, which was previously part of the European Union’s Horizon 2020 project, is an important step in Hive’s expansion strategy. The company has signed an asset transfer agreement with Turis AB, underscoring its commitment to strengthening its position in the cryptocurrency mining landscape. Located near Hive’s existing data centers, this strategic location in Sweden is…
As investors await approval for a U.S. spot Bitcoin exchange-traded fund (ETF), Brazilian checks have found tremendous value. demand This is about a vehicle that has been traded there for over 2 years. These ETFs had $96.8 million in AUM under management as of November 21, while Hashdex’s Nasdaq Bitcoin Reference Price FDI (BITH11) had $57.8 million in AUM and a market share of about 60%. For comparison, the country’s largest ETF, iShares Ibovespa Index (BOVA11), has AUM of $2.41 billion, and the second largest ETF, iShares BM&FBOVESPA Small Cap (SMAL11), has AUM of $1.19 billion. The SPDR S&P 500,…
Nexo – Risky & Lack of Proof of Reserve Proof of reserve Transparency UI and ease of use Trading feature Nexo Review – Risky & Lack of Proof of Reserve Nexo is a centralized platform for lending and borrowing business. Although the business seems simple, there are many red flags regarding Nexo’s revenue generation method and lack of proof of reserves. Overall, we find Nexo has counter-party risk and suggest CoinSutra readers use other alternatives which are decentralized and less risky such as Aave and others. Pros Easy-to-use platform Outstanding features Cons Lack of proof of reserves Lack of…
The recent +530% price surge of AIOZ, the native cryptocurrency of the AIOZ network, has caught the attention of both the cryptocurrency community and cryptocurrency investors. This remarkable increase in value is due to a series of significant developments and achievements within the AIOZ network.Reached 20,000 nodes: AIOZ Network recently announced that its network has reached an important milestone of 20,000 nodes. This is a significant achievement compared to other blockchains such as Bitcoin, which at the time of this writing had less than 10,000 reachable nodes. An increase in the number of nodes can indicate robust network health and…
wake up A Python-based Solidity development and testing framework with a built-in vulnerability detector. Used for auditing. Aki Blockchain It is now open source and anyone can use it for free. Security experts are on high alert because history has shown that as market activity increases, so does the risk of hacking. Open source tools like Wake allow application builders to quickly and thoroughly check their code for vulnerabilities. Battlefield-proven auditing tool goes open source. Aki BlockchainOur team of smart contract auditors and community tool creators introduces: wake upA Python-based development and testing framework for Solidity and cross-chain fuzzing with…
Former BitMEX CEO Arthur Hayes analyzed Binance’s $4.3 billion settlement.Former BitMEX CEO Arthur Hayes recently examined the $4.3 billion settlement paid by Binance, saying the exchange’s global success challenged the financial and political status quo, resulting in one of the largest corporate fines in history.rainInance’s explosive growth has led to regulatory scrutiny.Hayes highlighted Binance’s rapid growth, making it the largest cryptocurrency exchange in the world within six years. The exchange’s success outside of traditional financial structures led to regulatory action against its founder, Changpeng “CZ” Zhao.Binance’s role in shaking up the financial environmentBinance disrupted the traditional financial landscape by allowing…
Read Part 1 here: Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep NailwalGrowing up in poverty in a Delhi ghetto with an alcoholic father and an illiterate mother, Sandeep Nailwal has always had a fire in his belly to achieve something better. He wants to go big or go home — middling success is not an option. “I am not doing something small,” he tells Magazine. “Okay, we build some network, and it has a token. It does well for one cycle and then fades into the dawn, and I make a few million dollars for myself and retire or…