Ethereum co-founder Vitalik Buterin applauded Optimism’s efforts for the RetroPGF Round 3 initiative. This round saw an impressive distribution of over $100 million to 501 contributors, marking a pivotal moment for public good financing within the blockchain space. Optimism’s Innovative Funding Approach Optimism has taken a new approach to supporting the development of public goods through its Retroactive Public Goods Funding (RetroPGF) program. This initiative rewards contributions that have a lasting positive impact on the Optimism ecosystem and the wider Ethereum network. The third round of the program, known as RetroPGF Round 3, was particularly notable for its scale and…
Author: Crypto Flexs
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total number XRP Token It recently burned down, marking an important milestone. This has raised questions about how much of an impact it has. this burn This may affect the value of XRP tokens in circulation. Interestingly, Ripple’s CTO David Schwartz said: Recently commented In this regard, he weighed in on whether the XRP burn could affect the token value. 12 Million XRP Now Out of Circulation data According to XRP scans, it just ended. 12 million XRP tokens It has now been burned and is no longer in circulation. This figure is only 0.012%. Total available supply of XRP,…
introduction Baby AGI Developed by Yohei Nakajima, BabyAGI is a pioneering autonomous AI-based task management system that leverages cutting-edge technology to automate a variety of tasks to streamline processes and increase efficiency across multiple applications. Baby AGI, like An AI-based agent was provided as an example developed in the Python language. The system uses OpenAI and vector databases such as Chroma or Weaviate to generate, prioritize, and execute tasks. The basic idea of this system is to generate tasks based on the results of previous tasks and predefined goals. The script then uses OpenAI’s natural language processing (NLP) capabilities to…
join us telegram A channel to stay up to date on breaking news coverage The price of Ethereum has risen 0.5% over the past 24 hours, trading at $2,607 as of 1:05 a.m. ET, with trading volume down 36%. This comes as Ethereum euphoria is fading after the hype around Ethereum exchange-traded funds (ETFs) was priced in. As things stand, the market has shifted its focus back to the Bitcoin ETF market. This is because the trading volume recorded by institutions reached the highest immediately after trading began. Trading volume exceeded $1.2 billion in 20 minutes and soared to $2…
USDC issuer Circle wants to become a publicly traded company in the United States. In a new announcement, the stablecoin company said it has filed a draft registration statement with the Securities and Exchange Commission (SEC) in connection with its proposed initial public offering (IPO) of equity securities. Circle notes that it has not decided how many shares it will offer or the price range for those shares. The company said it expects the IPO to take place after the SEC completes its review process. USDC, the second largest stablecoin by market capitalization, aims to maintain a 1:1 peg with…
Spot Bitcoin ETFs got off to a brisk second day of trading on Friday, with cumulative volume quickly surpassing $5 billion as the price of the world’s largest cryptocurrency by market capitalization fell below $45,000. On its first day of trading, spot Bitcoin ETFs generated nearly $4.6 billion in buying and selling. The second day of trading saw $905 million in transactions, according to Yahoo Finance data compiled by The Block.“By every metric – volume, number of deals, flows, media coverage – it has historically been a huge success,” Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, posted regarding the…
A day after the launch of the spot BTC ETF, BlackRock CEO Larry Fink likened Bitcoin to gold but predicted it was unlikely the cryptocurrency would be used as a currency. BlackRock’s CEO spoke to CNBC about digital assets, ETFs and tokenization, with the world’s largest asset manager looking to increase the value of its spot Ethereum (ETH) ETF into another offering, following the successful launch of the same fund backed by Bitcoin (BTC). He mentioned that he was viewing it as a cryptocurrency-related investment product. , the largest token in cryptocurrency. Fink said BlackRock sees cryptocurrencies as a promising…
Ethereum founder Vitalik Buterin recently announced new plans. Increase gas limit for ETH. The proposal to introduce practical solutions to challenges within the ecosystem has drawn criticism from ETH developers. Ethereum developers oppose increasing gas limit. Buterin The claim was made on January 11, causing controversy. Ethereum gas limit increases by 33%. Since then, the proposal has sparked heated debate within the ETH community, with many developers expressing opposing views on the potential change. Ethereum core developer and team leader Peter Szilagyi recently shared his views on the proposed gas limit increase via: X (formerly Twitter). Asking the question, “What…
The launch of America’s first spot Bitcoin exchange-traded fund (ETF) was welcomed across the financial services industry. But stalwart low-cost wealth manager Vanguard has controversially banned its brokerage clients from buying these popular new products, sparking a customer defection. key point Vanguard is blocking customers from purchasing its newly launched spot Bitcoin ETF. Attempts to purchase BlackRock’s IBIT or Grayscale’s GBTC through a Vanguard brokerage account were unsuccessful. Vanguard said cryptocurrencies are inconsistent with its focus on stocks, bonds and cash as components of long-term portfolios. Some Vanguard customers have expressed frustration and moved their accounts to cryptocurrency-friendly competitors like…