governance body Cosmos Herb atom + Approved a proposal to lower the maximum inflation rate for native tokens. Atoms are about 14% to 10%.According to the proposal, the approved changes would increase Atom’s annual staking yield from approximately 19% to approximately 13.4%.Cosmos Hub is the central blockchain of the Cosmos Network, an interconnected blockchain ecosystem. Hub’s native token is Atom, which is used for staking, governance, and trading fees.This proposal narrowly passed with 41.1% in favor and 38.5% against, the highest voter turnout in the history of the Cosmos ecosystem. It was expected to fail just hours before the deadline,…
Author: Crypto Flexs
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With the news that stablecoin issuer Circle (USDC) is investing in blockchain projects, Solana (SOL) competitors are suddenly soaring. SEI Network (SEI), a new layer 1 blockchain that claims to be a faster blockchain than Solana, has reached a high of $0.250 since the Circle announcement, up more than 110% from $0.118 on November 10. Circle said it is investing in the SEI network to expand the use cases for USDC, a digital asset pegged to the dollar. SEI is down slightly and is trading at $0.239 at the time of writing. said BE, “SEI was specifically designed to address…
Welcome to our monthly newsletter! Get ready for exciting updates from the BitPay team, including new merchants joining the cryptocurrency world. Let’s take a look at this month’s highlights!On this issue: Bitpay in the newsCheck out the latest news from BitPay this month.industry newsRead news from across the blockchain industry.Stay informedLatest insights from the BitPay blog:BitPay welcomes you espresso displayBitPay is very excited to welcome this. espresso display As the latest BitPay merchant. Espresso Displays offers the world’s thinnest portable touchscreen monitors, known for their sleek design and high performance. Designed in Australia, this monitor meets a wide range of…
quick take Binance, the world’s largest cryptocurrency exchange, has reached a turning point following a $4.3 billion fine and the resignation of CEO Changpeng Zhao (CZ). These events signal a major shift in the cryptocurrency landscape, highlighting the growing importance of regulatory compliance and potentially reshaping the future of the industry. In a dramatic event that could redefine the cryptocurrency landscape, Binance, the largest cryptocurrency exchange by trading volume, was hit with a hefty fine worth $4.3 billion. Compounding this upheaval is the unexpected resignation of the company’s charismatic CEO, Changpeng Zhao, popularly known as CZ. These developments not only…
As an EEA member, CUBE3.AI is part of a community of EEA organizations working to advance Ethereum and drive industry adoption. In the Q&A below, EEA interviews Einaras Gravrock, CEO and founder of CUBE3, about how the organization contributes to the Ethereum business ecosystem. Please introduce your company and yourself: hello. CUBE3.AI is the first real-time transaction security platform that not only detects threats without interrupting contracts, but also blocks hacking and exploit attempts before they cause damage. It uses machine learning to provide a risk score for every transaction based on potential cyberattacks, fraud, vulnerabilities, and compliance risks, ensuring…
Bitcoin price fell more than 4% and was trading below the $36,500 support level. BTC still holds the key $35,650 support area and a decline could attract buyers. Bitcoin began a new downward trend following the news of Binance’s agreement and CZ’s resignation. The price is trading below $37,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break occurred below a key bullish trendline with support around $36,980. Although it may be difficult in the short term, the downturn can be attractive to bulls. Bitcoin price took a hit.…
Key Takeaways THORSwap DEX is now in maintenance mode. THORChain-based decentralized exchange THORSwap announced via THORChad folks, Recently, an urgent and ongoing concern has come to light: the potential movement of illicit funds through THORChain, particularly THORSwap. Such activities have no place on the THORSwap platform and THORSwap stands firm against all crimes… — THORSwap ⚡ #BetterThanCEX (@THORSwap) October 6, 2023 The team noted that the movement of illicit funds through platforms is an urgent and ongoing concern and must be addressed as quickly as possible. THOSwap wrote: THORSwap posted on “Such activities have no place on the THORSwap platform…
Hello, my name is Adam from Platinum Crypto Academy. My journey in the cryptocurrency market has been a mix of challenges and triumphs shaped by understanding and applying on-chain metrics. These metrics are more than just data points. They are narratives of the blockchain world, each telling a unique story. Let’s take a look at how these indicators are incorporated into my trading strategy. The power of on-chain indicators When I first started trading, the cryptocurrency market felt like a maze. It was the on-chain indicators that gave me guidance. Extracted directly from blockchain data, these indicators provide insight into…
Top news this week Sam Altman is ousted from OpenAI and CTO Mira Murati appointed interim CEO. ChatGPT developer OpenAI fired founder Sam Altman from his CEO position on November 17. Mira Murati, Chief Technology Officer, currently serves as interim CEO. According to the blog post, the board engaged in a “deliberative review process,” which concluded that Altman “was not consistently candid in his communications with the board, which impeded his ability to carry out his responsibilities.” Shortly after, OpenAI co-founder and president Greg Brockman announced his departure from the organization. BlackRock Files Form S-1 for Spot Ether ETF with…
Market Outlook #243 (31st October 2023) Hello, and welcome to the 243rd instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Render, MultiversX, The Sandbox, Arweave and Verasity. All reader requests this week, which is always good fun – and as ever, if you have any requests for next week’s Outlook, do let me know. Bitcoin: Weekly: Daily: Price: $34,376 Market Cap: $671.871bn Thoughts: If we begin by looking at BTC/USD, we can see from the weekly that price closed firmly through the prior 2023 highs at $32.8k on growing volume, pushing as high at…