Louisa Crawford July 31, 2024 05:54 Storacha is revolutionizing web3.storage by introducing a state-of-the-art decentralized hot storage network. Learn how it works and what it means for the decentralized internet. Storacha aims to revolutionize the decentralized storage landscape by transforming web3.storage into a community-driven, decentralized hot storage network. According to Filecoin (FIL), Storacha will leverage the best features of web3.storage and Saturn to create a blazing-fast, user-owned, verifiable hot data storage and retrieval system built on top of Filecoin.Storacha addresses the limitations of centralized storage providers like AWS, which often lock users into their…
Author: Crypto Flexs
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Many investors regret missing out on Bitcoin. Exponential growth We have seen it soar to incredible heights since its inception. But don’t worry, the cryptocurrency market is constantly evolving and new opportunities are emerging.While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the market, savvy investors look for undervalued tokens that can deliver higher returns in the long term.Agoric (BLD) is Underrated Tokens have the potential to be the next big thing. They are relatively new cryptocurrencies that are gaining the attention of smart investors, offering an opportunity to enter the market at a lower cost with growth potential.But what…
Binance Labs, the venture capital and investment arm of Binance, has invested an undisclosed amount in aPriori, a liquid staking solution based on Miner Extractable Value (MEV) that is built specifically for Monad, an Ethereum-compatible Layer 1 (L1) smart contract platform.aPriori’s strategic initiative aims to decentralize the Monad network while significantly improving user interaction by reducing gas costs, optimizing network traffic, and providing sustainable rewards to network validators. Monad stands out in the blockchain space for its unique approach to fast transaction finality and delayed execution, which not only improves performance but also presents new challenges and opportunities for developers.aPriori’s…
After a 26% surge to $3,563 following the launch of the spot Ether ETF (exchange-traded fund), the Ether (ETH) price has underperformed Bitcoin and the broader cryptocurrency market over the past month. This underperformance has led traders to question whether the altcoin will see a sustained recovery. The ETH price is down 4.3% over the past seven days and down 2.11% over the past month.To put that into context, the Bitcoin (BTC) price is up 7.7% over the past 30 days, while the overall cryptocurrency market cap is up 6.2% over the same period.Other top layer-1 tokens, Solana’s SOL (SOL)…
The shuttered cryptocurrency exchange Mt. Gox appeared to have sent more than $2 billion to a new address around 11:28 p.m. UTC on Tuesday. data At Arkham Intelligence. Mt. Gox transferred 33,105 after conducting some insider trading on Tuesday. Bitcoin -0.84% ($2.19 billion) to an address beginning with “bc1q26.” It’s not immediately clear who owns the address.The latest transaction came after Mt. Gox transferred billions of dollars worth of Bitcoin to a designated cryptocurrency exchange. Bitbank, Kraken, Bitstamp and SBI VC TradingFor the past few weeks, for example, Bitstamp, said Last week, the company announced that it would begin distributing…
A popular cryptocurrency analyst and trader believes that three MiCoins, including Pepe (PEPE), are gearing up for a major rally. Altcoin Sherpa, an anonymous analyst, told his 219,100 followers on social media platform X that Ethereum (ETH)-based altcoin PEPE and Solana (SOL)-based meme tokens dogwifhat (WIF) and Popcat (POPCAT) are on the verge of breaking out of their immediate resistance levels. “Loading large cap memes to move on to the next level. PEPE, WIF, POPCAT.” Source: Altcoin Sherpa/X Based on the trader’s chart, he seems to be suggesting that PEPE will surge above the resistance line of $0.0000128 and then…
Jessie A Ellis July 31, 2024 02:56 Explore the essential principles and best practices for designing Solidity events on Ethereum and the EVM, which are critical to efficient blockchain development. Solidity events are a critical feature of Ethereum and EVM blockchains, providing a wide range of use cases essential to the ecosystem. According to the EigenLayer blog, these use cases include logging, off-chain notifications, data indexing and analytics, cross-contract communication, and security monitoring.For example, events allow smart contracts to record important operations and state changes, which are essential for tracking and debugging contract behavior.…
Bitcoin’s downtrend expanded after Wall Street opened on July 30, with leveraged long positions falling significantly as the price fell below $66,000.BTC/USD daily chart. Source: TradingViewAccording to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price is trading at $65,798, down 2.3% over the last 24 hours. This comes after a series of failed attempts to break above $70,000, suggesting the area is important for bears. Commenting on Bitcoin’s recent price action, popular trader Skew noted that around $800 million worth of BTC futures open interest (OI) was wiped out following the recent drop from $70,000.”It looks like…
SEC Amends Case Against Binance to Redefine Cryptocurrency Securities The decision came after the court ruled that BNB was not a security. Over the past few months, the SEC has faced undue regulatory and compliance concerns regarding Binance (BNB). After numerous losses, fines, and jail sentences for its CEO, Binance’s fortunes changed in July. As previously reported by AMBCrypto, Binance reported a legal victory after a court allowed Binance to access customer funds held by the U.S. Treasury. In a recent development, the SEC is considering filing a lawsuit against Binance, deeming tokens like Solana (SOL) to be securities. SEC…
Transparency is paramount in the crypto space as it builds trust and ensures fair operations. BlockDAG stands out in this regard, surpassing ICP and BNB. Clear communication and disclosure that the co-founder of SwissOne Capital is the CEO of the crypto industry provides investors with detailed insight and confidence. The recent pre-sale raised $62.8 million in Batch 21, up 1,540% from Batch 1 and currently stands at $0.0164. A total of 12.3 billion BDAG coins were sold, with the miner sale reaching $4.1 million for 10,000 coins. Analysts predict a potential 30,000x ROI, solidifying BlockDAG’s position in the crypto space.…