With the rise of cryptocurrencies in recent years, many new coins have hit the market, each with their own unique features and benefits. One of the coins that is making waves in the cryptocurrency community is X11 Coin. This innovative cryptocurrency has the potential to revolutionize the way we think about digital assets and has the potential to become a major player in the future of cryptocurrencies. Origin of X11 Coin X11 Coin was created in 2014 by developer Evan Duffield as a response to the limitations of existing cryptocurrencies. Duffield wanted to create digital assets that were scalable, secure,…
Author: Crypto Flexs
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airdrop season It’s in full swingApps, protocols, and other projects are picking up on the signs of an impending bear market and finally abandoning their tokens, potentially rewarding millions of cryptocurrency users in the process.What exactly is it? airdrop, but? For cryptocurrency tokens, airdrops are typically a way for a project to reward early users and contributors by giving them a portion of newly released tokens, while also disseminating the tokens widely for decentralized governance.There are going to be some pretty attractive airdrops in the coming months involving blockchain networks and tokens geared specifically for gaming. Here’s what’s next for…
Shiba Inu is basically a dog-themed altcoin that is considered a decent alternative to Dogecoin. Despite market volatility, mainly due to major tokens such as BTC and ETH, the value of SHIB continues to fluctuate. ShibaSwap is a DeFi platform that has all the essential elements of a decentralized exchange, DEX. The Shiba Inu team is working to release a v2 version in the future, which is causing both optimism and ambivalence within the community. This article explores the impact on the price of SHIB, highlighting both sides. potential positive impact For reference, SHIB is currently trading at $0.000009065 and…
join us telegram A channel to stay up to date on breaking news coverage The Bitcoin Minetrix (BTCMTX) pre-sale project has significant potential to capitalize on the current surge in the cryptocurrency market, with Bitcoin continuing to hold a prominent position with high expectations. Emerging as a unique platform, it offers an innovative approach to cloud mining, making decentralized Bitcoin mining accessible to everyone regardless of technical expertise or financial resources. Bitcoin Minetrix attracts crowds with its unique Stake-to-Mine investment concept. Establishing itself as a major player in the cloud mining sector, Bitcoin Minetrix has successfully raised over $10 million…
The LBR native token of decentralized finance protocol Lybra Finance has experienced significant price volatility over the past week as major supporters have sold off the asset. Lybra Finance, developer of the high-yield eUSD stablecoin, aims to maintain a stable $1 peg and generate revenue from collateralized floating staking tokens. In January 2023, the DeFi protocol reached its maximum TVL of nearly $400 million. LBR price drop by 50% SpotOnChain, a prominent blockchain analytics firm, reported that Key Opinion Leaders (KOLs) and anonymous addresses holding significant amounts of LBR tokens control a significant portion of the network’s Total Value Locked…
Bitcoin is fixing money. Thanks to Bitcoin, anyone around the world can freely transfer money through a peer-to-peer network without going through a financial institution. It is money that cannot be censored by authorities, devalued by governments, monopolized by corporations, and blocked by borders.However, when it comes to trading, you still need to do it through a trusted third party. Why is that a problem? Because trusted third parties have always been and always will be a security hole. Bitcoin trading stoppedBoth individuals and financial institutions rely on trusted third parties, such as clearinghouses and exchanges, to clear Bitcoin spot…
BRC-20 Token We open up opportunities for developers to build their own decentralized applications (dApp) has a unique economics of the Bitcoin network. It fosters community participation through an internal currency and attracts investment through an innovative token sale structure. BRC-20 tokens are fungible tokens. Bitcoin A network that uses the Ordinals protocol. It also leverages inscriptions containing JavaScript Object Notation (JSON) data to facilitate token contract deployment, token issuance, and token transfer. The current BRC-20 token standard allows you to create BRC-20 tokens using the distribution function, mint a specified quantity of BRC-20 tokens using the mint function, and…
This week, there has been a surge in cryptocurrency crackdowns around the world, with the United States, Germany, and Hong Kong taking center stage. Chris Larsen, Ripple’s co-founder and chairman, suffered a massive hack. Meanwhile, FTX has revealed plans to reimburse customers in full. enforcement action Several enforcement actions rocked the cryptocurrency scene this week, with the United States accounting for a significant amount. The U.S. Department of Justice (DoJ) has charged Belarusian national Aliaksandr Klimenka in a case related to Russian cryptocurrency exchange platform BTC-e. In a subsequent enforcement action, the DoJ charged two New Jersey school employees, Jeffrey…
Bitcoin rose above $43,000 during the European morning on Friday, maintaining gains of around 2% over the past 24 hours. The CoinDesk 20 index, which provides weighted performance for the best digital assets, rose more than 3.2%, led by Chainlink’s LINK. link It surpassed $18, hitting a 22-month high. It has risen nearly 30% in the past week, comfortably beating major cryptocurrencies such as BTC and ETH. The rally follows the strength of a three-month range where it hovered between $13 and $17, signaling a continued recovery from its June 2023 low near $5.
Artists Ryder Ripps and Jeremy Cahen have had their counterclaims dismissed in their lawsuit against Bored Ape Yacht Club (BAYC) creator Yuga Labs. The court order requires Ripps and Cahen to pay about $9 million in restitution and other statutory damages.In April 2023, Yuga Labs won a lawsuit against Ripps and Cahen for copyright violations related to unauthorized versions of the BAYC Non-Fungible Token (NFT). Ripps and Cahen have launched the Ryder Ripps BAYC (RR/BAYC) collection under the BAYC brand.Yuga Labs was originally ordered to pay $1.57 million in damages and legal costs. But a recent court filing on Feb.…