On October 20th, Uniswap founder Hayden Adams took a significant step by burning 99.9% of his HayCoin holdings. The value of the token has soared to over $4 million since the move. Adams’ decision comes amid a recent surge in trading activity and speculation within the cryptocurrency community. Uniswap creator burns HayCoin holdings Initially created as a testing mechanism for the Uniswap v1 launch, HayCoin was released with only a portion of its total supply, most of which was held in Hayden’s wallet. However, a recent unexpected surge in trading activity prompted Adams to start burning. “Cryptocurrencies can be weird…
Author: Crypto Flexs
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Who on earth is this person? Irene Zhao, Simp-Queen mastermind on the SO-COL platform and Crypto Twitter influencer, explains that having a celebrity by your side can boost your NFT collection. IreneDAO, Zhao’s first collection of Simp DAOs and NFTs, launched with a rock-bottom price that was basically loose change in ETH. “It seemed like it was about zero-point ETH,” Zhao recalls. But things changed for Zhao when controversial YouTube star Logan Paul donated about $250,000 in January 2022. “I woke up the next day and the lowest price had gone up five times when Logan Paul bought about 20…
For every true blockchain project that leverages artificial intelligence to create a better world, like Dr. Ben Goertzel’s Singularity.net, there are 100 coins like AI Doge, which combines the hyperbolic terms “AI” and “Crypto.” Plog token. “It’s just a basic buzzword,” explains Near blockchain founder Illia Polosukhin, who worked on the groundbreaking “Attention Is All You Need” research that led to large-scale language models like ChatGPT and Claude.Polosukhin, one of the few people in the world who is well-versed not only in cryptocurrencies but also in AI, says that if you ignore the hype, the technology really suits you.“There are…
Argo Blockchain, a key player in the Bitcoin mining industry, has appointed digital asset and financial services veteran Thomas Chippas as its new CEO and director, signaling a strategic shift amid the company’s recent challenges and market volatility. Argo Blockchain, a prominent Bitcoin mining and technology company listed on the London Stock Exchange and Nasdaq, has selected Thomas Chippas as its new CEO and Director. Argo is pleased to announce the appointment of Thomas Chippas as CEO and Managing Director. Thomas was previously CEO of CBOE Digital and has executive experience at Citadel, Axoni, Citigroup and Barclays. Full RNS: https://t.co/sPpRBKozIZ—…
Ethereum whales have been strong for a long time, even through a prolonged bear market last year, and their accumulation trend proves this. According to Santiment, the largest Ethereum wallets have been accumulating ETH at an alarming rate, suggesting that these large investors expect the price to continue rising. Ethereum whales buy $124 billion worth of tokens Santiment reported that the top 200 Ethereum whales have purchased ETH since November 21, 2022. This came just weeks after the FTX cryptocurrency exchange filed for bankruptcy and sent cryptocurrency prices on a downward trend. The price of ETH eventually fell to $900,…
Axie Infinity, a well-known blockchain game, offers certain NFT owners the option to produce and sell authenticated products, providing commercial value. This coincides with the introduction of Axie merchandise stores. According to Sky Mavis, certain holders of Mystic and Origin Axie NFT games will be able to use their digital assets as mascots for developing Axie-oriented businesses. This includes 4,877 wallets out of a total of 11.9 million Axies issued, representing a segment of just 0.04% of all Axies. Opportunities come as you leverage Axie IP to establish cafes, comic books, restaurants, toy types and many more ventures. Sky Mavis…
Wasim Ahmad Wasim is a serial entrepreneur with 5 exits and an advisor in the field of AI, blockchain, cryptocurrency and crypto solutions. At Vault12, he led private and public fundraising efforts and is currently focused on expanding the Vault12 ecosystem. His cryptocurrency experience began at AlphaPoint, where he worked with the founding team to launch the world’s first cryptocurrency trading exchange. Previously, he launched Identity-Based Encryption (IBE), a breakthrough in public key cryptography, and founded Voltage Security, a Stanford University spin-off that pioneered the use of sophisticated data encryption to protect sensitive data in payment systems around the world.…
Bitcoin BTC -1.84% The week started on a calm note, with the price down nearly 2% in the last 24 hours and falling below $37,000. The world’s largest digital asset by market capitalization fell along with stocks on Wall Street, reversing its dominance over the past month. In the first hour of trading Monday morning, the Dow Jones index was down 0.1%, the S&P 500 was down 0.3% and the Nasdaq was down 0.3%.Traditional market investors bewareAnalysts expect cautious investors to seek profits after the recent rally in traditional markets, which would trigger a retracement from elevated positions observed…
join us telegram A channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) is struggling to file a case against Hex and PulseChain founder Richard Schueler (best known as Richard Heart), with court appearances scheduled via teleconference scheduled from November 28 to January. It has been postponed to the 30th. student, who lives in Helsinki, Finland, is accused of raising more than $1 billion through unregistered securities offerings since late 2019. The SEC also said he misappropriated investor assets and defrauded investors. Richard Heart used his money to fund a lavish lifestyle.…
reporter Posted on: November 27, 2023 The Terra Classic’s burn rate has remained high while its price has increased. LUNA also followed LUNC’s footsteps, with its price rising sharply over the past 24 hours. Terra Classic (LUNC) It has shown commendable performance recently, with prices rising by double digits. This occurred at a time when the burn rate of tokens was increasing, reducing circulating supply. But is LUNC’s high burn rate the only reason for the surge, or is there more to consider? Terra Classic is on fire Explore CoinMarketCap data The price of LUNC has risen by more than…