Shiba Inu (SHIB) price is seeing a positive headwind on Thursday morning after several days of extreme difficulty for investors. So far, the price of MEMCOIN has risen by more than 7% in 24 hours, once again regaining the target amount of $0.00001. As the uptrend looks set to continue, let’s take a look at what’s driving the uptick and why the recovery could continue. Shiba Inu price follows positive cryptocurrency market sentiment. Shiba Inu prices are benefiting as a result of the positive cryptocurrency market sentiment returning over the past day. Prices in financial markets mostly rose following the…
Author: Crypto Flexs
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Welcome to Devcon! This is your Devcon VI Manual, and it includes everything you need to know about Devcon, the surroundings and more. Read closely as we cover things to be aware of before departure, during transit to the venue from Bogotá’s international airport El Dorado, and information related to pre-registration dates, community efforts at Devcon VI, side/after events, and more! Bookmark this tab if you’re heading to Devcon, and we can’t wait to see you all soon. I. Arriving in Bogotá 🛬 To kick things off, let’s start with the first steps when arriving in Bogotá. Covid requirements 😷…
(Yearn Finance amended its statement to show that the incident affected 63% of Yearn’s own LP position in Lp yCRV.)Yield Farming Protocol Yearn Finance said: 63% of Treasury positions were lost due to faulty multisig scripts. User funds were not affected. According to a public post on Github, the incident occurred during “a routine fee token conversion process on behalf of Yearn’s Treasury.” Due to an incorrect script, 3,794,894 lp-yCRVv2 tokens were replaced with 779,958 yvDAI tokens.“The full financial balance of LP-yCRVv2 (including POL and fees) was inadvertently transferred to Transaction Multisig when only a much smaller fee portion was…
Blockchain gaming platform Immutable has unveiled Immutable zkEVM, its next-generation zero-knowledge proof scaling solution that enables developers to completely remove transaction fees from the player experience. This groundbreaking innovation aims to eliminate one of the biggest adoption barriers facing web3 games: gas fees. key point Immutable’s new zkEVM blockchain allows developers to abstract transaction fees for Immutable Passport users, eliminating gas fees from the player experience. Eliminating gas fees aims to enable seamless onboarding and increase adoption and conversion rates for web3 games. Immutable plans to initially sponsor gas costs for zkEVM when it launches, paying the studio a paltry…
JPMorgan analysts maintain an overall cautious stance on the cryptocurrency market, predicting that Ethereum (ETH) will outperform Bitcoin (BTC) and other digital currencies in market price performance by 2024. This optimistic outlook for Ethereum reflects a unique perspective within the institution, with analysts seeing unique potential and favorable prospects for Ethereum compared to other digital assets, even amid an overall cautious sentiment toward the broader cryptocurrency landscape. It suggests.advertising In a note published on Wednesday, a team of analysts led by Nikolaos Panigirtzoglou conveyed their expectations that Ethereum (ETH) will regain its prominence and regain market share within…
Coinbase, one of the most popular US-based cryptocurrency exchanges, has announced a significant expansion of its service offerings. It is also important to note that this expansion targets institutional investors outside the United States. Because they now have access to spot cryptocurrency trading services on Coinbase International Exchange. Initially launched on December 14, 2023, the service will allow users to exchange Bitcoin (BTC) and Ethereum (ETH) to USD Coin (USDC). As a strategic response to the ever-changing and unclear regulatory environment in the United States, Coinbase decided to create a spot market outside the United States. Many asset issuers and…
Ethereum (ETH)-based gaming altcoins surged after cryptocurrency whales suddenly moved massive amounts of project tokens off exchanges, according to on-chain data. like reported ImmutableX (IMX), a layer 2 scaling solution from blockchain tracking company Lookonchain, rose 20% as cryptocurrency whales made big moves. “IMX price went up 20% today. We confirmed that three wallets (possibly belonging to the same whale) withdrew 4.3 million IMX ($9.6 million) from Binance (Monday). This whale has six associated wallets and currently holds a total of 40.54 million IMX ($90.8 million).” Source: Lookonchain/X IMX is trading at $1.98 at the time of this writing, down…
Solana started a new hike by holding above the $65 support level. SOL price is likely to take more profits above the $75 and $80 resistance levels. SOL price started a new rally above the $68 resistance line before breaking down against the US dollar. The price is currently trading above $68 and the 100 simple moving average (4-hours). On the 4-hours chart of the SOL/USD pair, there is a major bullish trend line forming with support near $65.50 (data source from Kraken). The pair is up almost 10% and may rise further above the $75 resistance zone. Solana price…
Monster NFT characters in P2P (Play-to-Earn) games axi infiniti They could soon be getting an upgrade thanks to a major update that brings “stage 2” evolutions to all Axie monsters. Details were shared exclusively by the game’s developers at Sky Mavis. decryption.Over 250 different Axie “parts” can be evolved into any Axie. NFT Starting December 14th, your character’s combat power and aesthetic appearance will be upgraded.“We’re turning Axies into a digital collectible that evolves as you play,” said Jeffrey “Jiho” Zirlin, co-founder of Sky Mavis. decryption In an interview. “This is really something that has been at the heart of…
Posted 1 minute ago In ~ Dynamic Labs said Wednesday it has secured $13.5 million in a Series A funding round led by a16z cryptocurrency.According to the web3 company, the funds are being focused on introducing a new suite of non-custodial wallet tools. The new feature will help wallet developers “abstract the complexity of cryptocurrencies,” the company announced on Wednesday.“We are excited to announce our $13.5 million Series A, led by a16z Cryptocurrency and joined by Founders Fund, Castle Island Ventures, Breyer Capital, Alchemy’s Nikil Viswanathan Joe Lau, and others. This funding will accelerate this incredible backing work. It will…