Non-Fungible Tokens (NFTs) It is a unique and irreplaceable type of digital asset. It is created using blockchain technology, the same technology that powers cryptocurrencies such as Bitcoin and Ethereum. NFTs can represent anything from digital artwork to in-game items to real estate. What are NFTs? The term “irreplaceable” means that something is unique and cannot be replaced. For example, Bitcoin is fungible. This means that one Bitcoin is interchangeable with another Bitcoin. however NFT It is irreplaceable. This means that each NFT is unique and cannot be replaced by another NFT. NFT It is created using blockchain technology. Blockchain…
Author: Crypto Flexs
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Community & educationAutonomous Ecologies #1Black SkyConference that delved into the relationship between sovereignty and privacy, and how to establish privacy as a cornerstone of new technology.Community & educationBuildETH 2023Ethereum developer conference hosted in San Francisco, California for those interested in building, designing, scaling, and securing decentralized applications and protocols.Community & educationCluj Ethereum Developers MeetupsSeries of meetups and workshops in Cluj, Romania, aimed at educating developers on technical topics related to Ethereum.Community & educationDevfolioSupport students and developers in India through a series of community initiatives including online hackathons, workshops, a fellowship, and grants.Community & educationETH Beijing HackathonHackathon with a focus on…
Polkadot (DOT) is trending upwards above the $5.25 resistance level against the US dollar. The price may surge further to the $5.85 and $6.00 levels. DOT is gaining speed above the $5.25 resistance zone against the US dollar. The price is trading in the $5.30 area and above the 100 simple moving average (4-hours). There is a major bearish trendline forming with resistance near $5.55 on the 4-hours chart of the DOT/USD pair (data source from Kraken). The pair could gain bullish momentum if the closing price is above $5.55 and $5.60. Polkadot price gains strength again. After consolidating above…
LINK’s price is approaching the December ascending triangle breakout scenario, with bullish on-chain indicators strengthening the upside potential.
A cryptocurrency strategist who follows closely believes that Ethereum (ETH) and Chainlink (LINK) are poised for more upside. Ethereum has broken out of a triangle on the four-hour chart, pseudonymous analyst Inmortal told his 202,500 followers on social media platform X. According to Inmortal, a breakout is likely. rod this time. “ETH is ready to do that. “It’s real this time.” source: Immortal/X As of this writing, Ethereum is trading at $2,162, up 3.63% in the last 24 hours. Looking at Chainlink, a decentralized oracle network, the analyst believes that LINK has broken out of its ascending triangle pattern and…
Grayscale, a major player in digital asset management, has expressed enthusiasm about the possibility of converting the Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF. This move could provide significant benefits to investors by eliminating the current 8.09% discount, worth approximately $1.89 billion, bringing GBTC’s price more closely aligned with Bitcoin’s actual value.The company’s Chief Legal Officer Craig Salm and Chief Financial Officer Edward McGee revealed the details. Pending approval from the United States Securities Exchange Commission, GBTC will transition from its current platform, OTCQX, to the NYSE Arca exchange. This move is intended to better synchronize GBTC’s shares with…
Decentralized finance (DeFi) platforms Velodrome and Aerodrome frontends have been compromised twice in three days. The exploit resulted in a loss of funds and a decline in the total value of assets locked in the Velodrome. On November 29, both platforms reported their first incidents of front-end compromises. These DeFi protocols urged users not to interact with their platforms until the investigation is complete. Domain provider issues with Velodrome and Aerodrome Velodrome and Aerodrome have created an intelligence bounty on Arkham Intelligence to find information that could help identify the attackers. Investigation later revealed that the exploit was the result…
Binance’s biggest traders attending a conference in Singapore this September were informed of the cryptocurrency exchange’s impending agreement with US authorities at a lavish private dinner.At an exclusive gathering held at the stylish 1880 members-only club, a select group of market makers and traders, dubbed VIPs, gained insight into Binance’s impending legal turmoil amidst a milieu of American Angus beef and Australian truffles. attendees reported for Bloomberg.Attendees reportedly broke into small groups to question Binance executives about the company’s legal issues, which raised the possibility of a $4 billion fine, and assured them that the company could afford it and…
Open source cloud AI startup Together is the latest developer to receive huge paydays as more and more investors pour money into artificial intelligence. $102.5 million Series A investment including tech giant NVIDIA.“I think one of the things that excites investors is our focus on research,” a Together spokesperson said. decryption. “We have built a truly leading research team doing deep research on how to optimize both training and inference for these large-scale generative models. And this has been proven in some of the publications we have released (and) in our recently released inference engine. “This is about three times…
Business intelligence company MicroStrategy caused quite a stir this week when it disclosed that it had purchased $593 million worth of Bitcoin in November. The significant purchase of 16,130 tokens was MicroStrategy’s largest Bitcoin acquisition since February 2021, when MicroStrategy spent $1 billion to add nearly 20,000 Bitcoins to the company’s treasury. key point MicroStrategy purchased $593.3 million worth of Bitcoin in November, its largest Bitcoin purchase since February 2021, when it spent $1 billion. The purchase of more than 16,000 Bitcoin brings MicroStrategy’s total Bitcoin holdings to approximately 174,530 tokens, which are now worth approximately $6.5 billion. MicroStrategy Chairman…