Blast founder Tieshun Roquerre, also known as Pacman, addressed some of the “misconceptions” circulating about the platform, including claims by critics likening Blast to a Ponzi scheme. He also said investor Paradigm asked him to change his go-to-market strategy after the reception.Blast launched in invite-only early access mode on Tuesday after raising $20 million from Paradigm and Standard Crypto. Blast offers native Layer 2 yield generation on Ether and stablecoins with automatically compounded balances of 4-5% along with invitation rewards known as “Blast Points,” the team said at launch. The project has raised more than $400 million in linked assets…
Author: Crypto Flexs
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Disney has partnered with Dapper Labs to bring digital collectibles of Disney’s Pixar icons and Star Wars characters to users on-chain. The two companies will launch Disney Pinnacle, an NFT platform that will provide fans with collectible and tradable digital pins. Disney and Dapper Labs are collaborating on a large-scale NFT venture to bring 100 years of iconic Disney cartoons and characters on-chain. The two companies announced the launch of Disney Pinnacle, an NFT platform that will bring “the magic of pin collecting to the digital age.” In addition to a century of Disney characters, the platform will give users…
Paradigm-backed network Blast has addressed the skepticism surrounding its blockchain model after quickly rising to a market capitalization of over $300 million and promising a token airdrop. Blast Bridge, Ethereum’s L2 network, has pushed back against security concerns advocated by some in the cryptocurrency community due to the protocol’s smart contract architecture, which uses multi-signature builds to secure assets. There are often misunderstandings when it comes to security. Security exists along a spectrum (nothing is 100% secure) and has nuances in many aspects. There is smart contract security, browser security, and physical security. Each dimension has a separate attack vector.—…
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…
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…