Another chapter of your journey through the world of DeFi unfolds as you explore the maze of cryptocurrency adventures. Recall back to early March 2022, when the cryptocurrency world witnessed the birth of a fascinating entity called METF on the Cronos chain. I’m going to be brutally honest here. I was ecstatic, like a teenage girl who had fallen head over heels in love with this project. Please join me in this story. I promise you won’t blame me for giving in to its charms. So what exactly is METF? Imagine the Mad Meerkat ETF, a pioneering decentralized ETF protocol…
Author: Crypto Flexs
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Solana price has recently been one of the best performing cryptocurrencies among the top 100 by market capitalization. The digital asset is up more than 20% last week and nearly 73% so far this month, completely erasing this year’s losses. Solana’s overall market capitalization increased 7.15% over the past 24 hours to $15 billion, while the total volume of SOL traded during the same period increased by more than 145%. At the time of writing, SOL price is trading 6.30% higher at $34.95, its highest level since October 2022. SOL’s achievements Solana price has been in the spotlight over the…
Some fifty-odd years ago, I purchased a small pamphlet that promised to teach me the rudiments of “the international language” – Esperanto. The shirt-pocket sized booklet contained a half-dozen pages of grammar and a vocabulary of a few hundred words. The grammar was simple, with no exceptions, the pronunciation was easy, and the vocabulary, based largely on Romance languages, was familiar and easy to pick up. I was hooked. In the coming years I would increase my knowledge of Esperanto, join a local Esperanto club, teach Esperanto on a local radio station, and produce an Esperanto textbook with accompanying cassette…
Cutting Losses, Painful Lessons from the DeFi Rollercoaster 12 minute read · 14 hours ago The METF price is $1.01 as of November 16, 2023. As I continue my journey peeling back layers of losses in the unpredictable realm of crypto, one particular experience with DeFi stands out vividly in my memory. *Sponsor link: Financial Freedom for All of Us It was in early March 2022 that METF, a seemingly irresistible project, debuted on the Cronos chain. Like a teenager seduced by the charms of a new crush, I was hooked and hooked by the promise of this revolutionary endeavor.…
Digital asset investment products recorded inflows of $293 million last week. Bitcoin recorded $240 million, Ethereum recorded $49 million, and Solana recorded $12 million. According to a report by CoinShares, annual inflows have surpassed $1 billion. Last week, inflows into digital asset investment products reached $293 million, marking the seventh consecutive week of positive trends. The seventh straight week of inflows brought total annual inflows to cryptocurrency exchange-traded products to $1.14 billion, according to data from asset manager CoinShares. This follows increased institutional interest, which drove annual inflows to the third highest annual level YTD. Meanwhile, the cryptocurrency’s total assets…
Ethereum has surpassed the $2,100 level over the past day, and if on-chain data is anything to go by, a rise toward a yearly high could be “easy.” Ethereum does not have significant on-chain resistance at higher levels. analyst post on On-chain resistance and support levels are defined by the density of investors buying there. The reason lies in the way investor psychology works. Cost basis is a critical level for any investor, so you may be tempted to pay special attention and make some moves whenever prices are retested. Holders who suffered losses before the retest may lean towards…
Nvidia is also developing two other chips for the Chinese market, the L20 and L2. According to Reuters, one of the chips, L20, is expected to be released according to its original schedule without any delays. California-based AI chip giant Nvidia Corp (NASDAQ: NVDA) has informed Chinese customers that the launch of its new artificial intelligence chip H20, designed to comply with the latest U.S. export regulations, will be delayed, Reuters reported on Friday. , citing two sources familiar with the matter. The country’s tightened export rules have already restricted Nvidia from shipping some of its high-end products, including its…
Tejas Girme and Rishikesh Bhide of Qualys Malware Research Labs presented “New Frontiers in Cryptojacking” at the 21st Anti-Virus Asia Researchers International Conference (AVAR) 2018 in Goa, India. Cryptojacking attacks are evolving over time to better evade detection by both end users and protection technologies. Therefore, it is important for security teams to understand how these attacks work to best protect system resources. In a recent talk at AVAR 2018, Qualys Malware Research Labs presented an analysis of the different evasion techniques attackers use to deliver cryptojacking code to web browsers and how existing protection technologies counter them. Cryptojacking Information…
Introduction Decentralised finance (DeFi) at its core is fundamentally reliant on decentralised exchanges (DEXs). These pieces of web3 infrastructure are the arbiters of liquidity, facilitating the exchange of cryptocurrencies. Most of these DEXs, being reliant on automated market makers (AMMs), decide which price ranges to allocate liquidity towards in a token pool. The more accurate the allocation, the more efficient and performative the trading experience. Therefore, the success of any DEX is contingent on the effectiveness of its AMM. An ecosystem without efficient DEX infrastructure is less likely to succeed under the financial strain it places on users. Without…
Recently, the Commodity Futures Trading Commission (CFTC) adopted a firm stance against Binance, the world’s largest cryptocurrency exchange. Binance’s former CEO Changpeng Zhao (CZ) has resigned after pleading guilty to charges including violating U.S. anti-money laundering laws. Binance agreed to pay a total of more than $4.3 billion in fines as part of its deal with U.S. authorities. Among them is $50 million personally donated by Zhao. This case illustrates the Commodity Futures Trading Commission’s (CFTC) efforts to enforce trading restrictions in the United States, particularly against companies that allow American consumers to trade unregistered Bitcoin derivatives. Statement released by…