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Author: Crypto Flexs
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In collaboration with Ethereum scaling project Polygon, web3 gaming platform Immutable has launched the Immutable zkEVM mainnet in early access mode for onboarding select gaming studios and ecosystem partners.Immutable and Polygon announced in March last year that they were developing zkEVM to ensure security by validators staking Polygon’s Matic tokens. Immutable zkEVM’s dedicated chain leverages zk-rollup technology for compatibility with Ethereum apps while operating separately from the project’s existing StarkEx-based layer 2 chain, Immutable X.The Zero-Knowledge Ethereum Virtual Machine (zkEVM) is a Layer 2 scaling solution that uses zero-knowledge proofs for more efficient Ethereum transactions. Immutable X currently provides fast…
Hackers attacked the Binance-backed Trust Wallet on January 17, but were unable to compromise any meaningful customer data thanks to the provider’s quick response. January 29th Post by Trust Wallet published A security breach occurred due to a third-party customer support service. The issue was discovered during a routine security check and was quickly resolved, preventing user funds from being lost. No private keys or seed phrases were stolen, and the attackers only briefly interacted with the file system maintained between Trust Wallet and the customer service company. Unauthorized access was limited to the name/nickname and email address used to…
One cryptocurrency analyst says altcoins could enter a “hype cycle” phase to start the new year. Household analyst Rekt Capital shares with his 392,000 followers on social media platform According to traders, the altcoin hype will rise in mid-February and peak in early April. “Altcoins may be slowly preparing for the first quarter Hype Cycle. The lowest hype period corresponds to the lowest price period. Typically, the lowest period of altcoin hype in the first quarter hype cycle is between January and April.” source: Rect Capital/X Rekt Capital zooms in on specific altcoins, looking at Ethereum (ETH) Avalanche (AVAX). According…
Ever since Travis Barker got cozy with Kardashian, the Rock has been dead to me. Of all the ways the crazy talented emo kid from Blink 182 could ruin his reputation, he chose this. Now, it’s even more unique that Trav was captured “running” around Central Park naked and high on meth. Just ask Richard Quest. Thankfully, the Rockstar World Tour Hold & Win slot represents OG 70s rock and roll legends Mick Jagger and Axl Rose types. Drugs and sex only enhanced their image. That’s the rock I miss, but it’s alive and right here in this game where…
GRAND CAYMAN, Cayman Islands, January 29, 2024, Chainwire For a limited time, users can enjoy 0% gateway fees when accessing SUI tokens on Banxa.* (*No fee waiver is available for UK customers.) Banxa, a leading payment infrastructure provider for cryptocurrency-compatible economies, announced that it will be adding the SUI token to its platform. This integration will increase access to the Sui blockchain for users around the world thanks to Banxa’s global and local payment methods, which have processed more than $3 billion in transactions since launching in 2014. Additionally, Mysten Labs’ Sui Wallet offers: Users will have the opportunity to…
The funding request for the latest project reflects a significant 41% reduction from the team’s previous budget. The decline comes as about $100,000 of funds earmarked for its former marketing chief, who left in August, went unspent. Marketing responsibilities will now fall to Nexus Mutual’s community team, according to a blog post. However, as community team leader BraveNewDeFi revealed in an interview with CoinDesk, plans are in place to eventually fill vacant marketing roles. The decline in funding requests is significant and raises questions about the project’s financial management and resource allocation. The fact that a significant portion of the…
August 7, 2023 PayPal’s entry into the stablecoin market has been welcomed by many in the industry, with Circle CEO Jeremy Allaire saying that competing with PayPal has been ‘the best’.News of the launch caused a slight 4% rise in the price of Bitcoin, and within a few days, exchanges were offering low-fee promotional opportunities for traders looking to take advantage of PayPal’s PYUSD. Before the end of August, Coinbase, Kraken, and HTX listed stablecoins, with Venmo adding support just a month later.Five months after launch, PYUSD reached $300 million around January 22nd, ranking 8th by market capitalization on the…
Cryptocurrency Exchange Changelly prepared Comprehensive price prediction For XRP. As part of this prediction, the platform stated that the cryptocurrency token will rise up to $594 and gave a clear timeline for when this will happen. When will XRP price rise to $594? Changelly predicts that XRP will rise to $594 in 2050. maximum price level Cryptocurrency tokens are what you can get until then. Meanwhile, the minimum and average prices of XRP over the same period are predicted to be $512 and $540. Changelly also provided a breakdown of what to expect. Price of XRP It will continue until…
join us telegram A channel to stay up to date on breaking news coverage Meme Kombat’s unique utility stands out in this bear market, generating significant contributions despite its short existence. Driven by continued evolution, active community participation, and a growing media presence, Meme Kombat has developed rapidly. This momentum positions it as a strong contender among emerging meme coins. Meme Kombat’s features set the stage for excitement ahead of launch. Meme Kombat stands out in the cryptocurrency space by going beyond the general trend of meme coins. It delivers real utility through engaging gameplay, powerful features, and a community-driven…