join us telegram A channel to stay up to date on breaking news coverage If we fail to curb carbon emissions from automobiles, a bleak future awaits us. Electric vehicles (EVs) offer an environmentally friendly and sustainable value proposition, but mainstream adoption is still a distant dream. This is especially true for developing countries. High investment costs act as a barrier to mass deployment. eTukTuk = EV + Blockchain + AI in developing countries eTukTuk has designed a holistic EV ecosystem for developing countries and added blockchain and AI capabilities to it. It uses the inherently decentralized and democratic principles…
Author: Crypto Flexs
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Binance, the world’s largest cryptocurrency exchange, has successfully conducted the 17th batch of the LUNC token burn mechanism, an important step in the Terra Luna Classic (LUNC) ecosystem. This most recent burn resulted in a whopping 5.57 billion LUNC tokens being withdrawn from circulation. This marks a new milestone in the exchange’s efforts to lower LUNC token volumes. Binance’s most recent token burn is part of its ongoing plan to minimize the amount of Terra Luna Classic tokens already in circulation. “The exchange has been actively participating in the burn mechanism since Changpeng,” he said.Czech Republic” Zhao resigned from his…
Mark Yusko, founder and CEO of Morgan Creek Capital, said the cryptocurrency industry has a positive outlook for 2024. In a new interview with The Dales Report, Yusko said 2024 will be an “incredibly strong” year for cryptocurrencies thanks to a combination of factors. “It will happen again in 2024. We have a heavenly alignment for everything, for every cycle. Then Bitcoin has a 4-year cycle. Yes? Halving occurs in April or early May, depending on the block. But it will happen. We are facing a wave of liquidity that will soon be triggered by the approval of (spot Bitcoin)…
October 11th Bitfinex introduces commission-free trading for market participants on its P2P platform in Argentina, Colombia, and Venezuela. Posted at 18:22h From media materials by admin Road Town, British Virgin Islands – October 11, 2023 – Bitfinex (www.bitfinex.com/), a cutting-edge digital asset trading platform, today announced that it is pleased to reveal that trading on Bitfinex’s peer-to-peer (P2P) platform is now free. It is for users who execute buy or sell orders at the market price (also known as market takers). Recently made available to clients in Argentina, Colombia and Venezuela, our P2P trading service now offers market participants the…
The digital currency landscape is poised for seismic change as traditional banking giants prepare to enter the stablecoin space. Such a move could redefine market dynamics, challenging the current dominance of leaders like Tether. Arthur Hayes, former CEO of BitMEX and CIO of Maelstrom, provided important insight into this new scenario. Hayes predicts that traditional banks are preparing to enter the stablecoin market, which until now has largely been dominated by companies like Tether. Despite their current success, centralized stablecoins may face serious challenges as banks with strong infrastructure, compliance capabilities, and deep-rooted customer trust are able to overtake the…
Vitalik Buterin, co-founder of the Ethereum networkSome interesting comments were made during the meeting. Recent Interviews. One of them was his expose on the worst things that commonly happen on the Ethereum network. The worst thing that can happen on Ethereum Vitalik I mentioned the worst thing that happens in . Ethereum This is when people lose money. However, it is worth mentioning that this particular comment came in the context of his previous comments about the impact of war and dictators on human life. It refers to a light heart compared to the ‘heavy thing’ just mentioned. Meanwhile, Vitalik…
The cryptocurrency market took a whirlwind this year, with the price of Bitcoin surpassing $45,000 for the first time since April 2022 amid investor expectations that a spot Bitcoin exchange-traded fund (ETF) may be approved in the United States. Yes.Meanwhile, tokens for two major layer 2 scaling solutions — decision ARB +13.42% and optimism OP +3.32% — has seen prices rise over the past month — both trading near historical highs.The Arbitrum token is up 13% today, hitting a high of $1.83, up 60% in price over the past month. According to The Block’s pricing page, it is currently trading…
Bitcoin price rose more than 5% and cleared the $45,000 resistance level. BTC is showing positive signs amid rumors of EOD spot ETF approval. Bitcoin is gaining speed above the resistance levels of $44,000 and $44,400. The price is trading above $45,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred above the main rising channel with resistance near $43,500. The pair rose more than 5% after several rumors about the approval of a BTC spot ETF for EOD. Bitcoin price rally above $45,000 Bitcoin price formed…
Orbit Chain suffered damage due to unauthorized access.Orbit Chain, a representative cross-chain bridge, Confirmed A serious security breach occurs in the system, resulting in significant cryptocurrency losses. The incident, which occurred at 8:52 PM UTC on December 31, has caused serious concern within the cryptocurrency community.🚨Urgent🚨Dear Orbit Bridge users,Unconfirmed access to Orbit Bridge, a decentralized cross-chain protocol, was confirmed on December 31, 2023 at 8:52:47 PM +UTC.Additional information regarding this issue will be updated.— Orbit Chain (@Orbit_Chain) January 1, 2024 Breach investigation and responseFollowing the breach, Orbit Chain announced through X (formerly Twitter) that it was conducting a thorough investigation…
Batch Issue 229 provides an exciting look at the breakthroughs in artificial intelligence expected in 2024. It includes contributions from Anastasis Germanidis, Sara Hooker, Percy Liang, Sasha Luccioni, Pelonomi Moiloa and Kevin Scott. The growth of artificial intelligence systems is what Anastasis Germanidis expects, especially in the areas of video production and real-time interaction. He focuses on automating AI research and building modular systems. Sara Hooker predicts that there will be a greater emphasis on inclusivity, along with the development of multimodal and multilingual models and a trend towards smaller, more efficient AI models. In her speech, she highlights the…