Rebecca Moen August 2, 2024 10:35 BitTorrent Inc. has introduced the BTTC Examples repository on GitHub to guide developers developing smart contracts on the BitTorrent Chain (BTTC). BitTorrent Inc. has taken a major step toward empowering developers by launching the BTTC Examples repository on GitHub. According to BitTorrent Inc., the initiative aims to guide developers, from beginners to advanced, to master smart contract development on BitTorrent Chain (BTTC).Granting permission to developersThe BTTC example repository is not just a collection of code. It is a comprehensive educational tool designed to transform beginners into experienced decentralized…
Author: Crypto Flexs
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Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve fund for the scarce decentralized asset. More specifically, the bill would establish a “decentralized network of secure Bitcoin vaults” under the control of the United States Treasury. The bill also directs lawmakers and bureaucrats to enact strict cybersecurity parameters and other physical security measures to ensure that Bitcoin funds are not stolen. Additionally, the bill laid out a goal of accumulating…
Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve fund for the scarce decentralized asset. More specifically, the bill would establish a “decentralized network of secure Bitcoin vaults” under the control of the United States Treasury. The bill also directs lawmakers and bureaucrats to enact strict cybersecurity parameters and other physical security measures to ensure that Bitcoin funds are not stolen. Additionally, the bill laid out a goal of accumulating…
The 12 largest spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded their largest single-day outflows on Friday, August 2, in more than 90 days (60+ trading days) since May 1. According to SoSoValue data, the total daily outflow level on August 2nd was $237.45 million, the highest since the $563.77 million outflow on May 1st, and the fourth-highest single-day outflow since the launch of the spot Bitcoin ETF in January. Grayscale recently released Bitcoin Mini Trust ( Bitcoin -0.69% ) was one of two ETFs to see inflows, with a small inflow of $9.88 million in additional funds. On…
Iris Coleman Aug 2, 2024 10:53 CoinGecko reports that the average price of Metaverse Land has plummeted 72% from its all-time high, reflecting broader market trends. According to a recent report from CoinGecko, the average price of Metaverse Land has plummeted by 72% from its all-time high. The study highlights significant declines in major Metaverse projects, reflecting broader market trends in the cryptocurrency and NFT sectors. Significant reductions across major projects According to CoinGecko, the cost of Metaverse Land in 2024 will be between 0.08 ETH and 1.88 ETH (around $250 to $5,960). This…
Mass liquidations have shaken sentiment in the cryptocurrency market. Major altcoins such as XRP, Dogecoin, and PEPE have taken a big hit. The recession has also hit market giants hard. The cryptocurrency market was rocked to its core by a major event. A massive wave of liquidations swept through the industry, leaving a trail of financial destruction in its wake. Billions of dollars worth of digital assets were forcibly sold off in a matter of days, sending shockwaves through the markets. The decline exposed the vulnerability of the cryptocurrency ecosystem, with even the oldest players caught in the vortex. The…
Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would direct the United States government to start a reserve fund for the scarce decentralized asset. More specifically, the bill would establish a “decentralized network of secure Bitcoin vaults” under the control of the United States Treasury. The bill also directs lawmakers and bureaucrats to enact strict cybersecurity parameters and other physical security measures to ensure that Bitcoin funds are not stolen. Additionally, the bill laid out a goal of accumulating…
Investors in the recently shut down Starknet-based decentralized exchange ZKX appear to have been hit hard by the protocol’s closure, according to a post from X. As ZKX raised millions of dollars in VC funding and held its token generation event a few weeks ago, some, including blockchain expert ZachXBT, claimed the project could amount to a scam, while founder Edouard Juvani Tour defended its closure, saying it did not make economic sense to continue the project. “There is no denying that TGE did not live up to expectations, and the resulting losses have contributed to the current situation. As…
A widely known cryptocurrency analyst believes that one token in the Ethereum (ETH) ecosystem (DeFi) is showing signs of rising to greater heights. An analyst known by the pseudonym Credible Crypto told his 405,200 followers on social media platform X that the underlying asset of stablecoin-focused decentralized exchange Curve DAO (CRV) is “going way higher” after the entity locked up a total of 900 million CRV. “That’s almost a third of all CRVs that will ever exist (maximum supply of 3.3 billion) and 43% of the existing supply. Most of them will be trapped forever. This means that one-third of…
Jessie A Ellis 2 Aug 2024 11:25 KukuFM has significantly increased its audio series production capacity by integrating ElevenLabs’ AI text-to-speech technology. According to ElevenLabs, KukuFM, a leading audio content platform, has successfully tripled its audio series production capacity by integrating ElevenLabs’ AI text-to-speech technology. The collaboration has enabled KukuFM to produce over 3,000 episodes, including the highly rated series “Dragon’s Shadow – The Rise”, which maintains a 4.9 rating. Converting production capacity Faced with the challenge of expanding into global markets while simultaneously meeting exponential demand for content, KukuFM turned to ElevenLabs. The…