Solana’s native token, SOL (SOL), rose 12.1% from October 11 to October 18, with data showing that the upward momentum was driven in part by demand for memecoins. Increased demand leads to increased network size, fees, and total value lock (TVL). Traders are now debating whether the memecoin craze is sustainable and how the price of SOL can continue to benefit from the surge in network activity.Although there is no fundamental reason for the surge in demand for memecoins, it is clear that influential social media accounts are driving trader interest towards the token. Let’s take pwnlord69’s post from October…
Author: Crypto Flexs
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Tapioca DAO suffered a massive exploit that caused the TAP token price to drop by more than 95%. About $4.5 million worth of cryptocurrency was stolen, but the team said they were in the process of recovering the funds with help from web3 security company Fuzzland and others.“All current users of the Tapioca DAO platform are advised to revoke their contract authorizations until the recent compromises are resolved. If you have any issues deauthorizing them, please contact website support,” the Tapioca Foundation said in anAccording to the foundation, the attackers were able to compromise the USDO stablecoin contract as well…
ethOS launches dGEN1, a device for Ethereum on-chain dApp interaction. dGEN1 runs on LineageOS with a Nimbus client to eliminate third-party RPC. Pre-orders start at 0.2 ETH via NFT mining and will ship in Q2 2025. ethOS, the Ethereum-based operating system, has unveiled dGEN1, a pioneering hardware device designed to improve interaction with on-chain decentralized applications (dApps). Described by ethOS as “the first on-chain everyday carry,” this innovative product is specifically optimized for users participating in Ethereum’s expanding ecosystem. dGEN1 works with LineageOS versions. The launch of dGEN1 follows the success of similar blockchain-focused devices such as Solana Mobile Saga…
The AI cryptocurrency market rose 8% for the week, reaching a market capitalization of $286.9B. The blockchain intelligence platform offers five of the highest performing AI assets. Token unlock schedules paint a different picture for Fetch.AI and WLD. Artificial intelligence (AI)-based tokens are on the rise this year despite the market for niche AI cryptocurrencies failing to meet expectations of the leading altcoin rally. Meanwhile, flagship cryptocurrency Bitcoin (BTC) appears to have broken the bearish ETF curse. Positive net flows began pouring in, pushing the BTC price above $68,000.Here’s which AI cryptocurrency has taken the reigns.SpotOnChain claims that AI cryptocurrencies…
Darius Varu October 18, 2024 04:55 Uniswap (UNI) now supports World Chain, allowing users to exchange and provide liquidity on layer 2 blockchains, improving the low-cost and fast on-chain experience. Uniswap (UNI) announced that it has integrated World Chain into its platform under the Uniswap protocol, allowing users to swap tokens and provide liquidity on this new layer 2 blockchain. This development aims to provide users with a fast and cost-effective on-chain experience, with an emphasis on accessibility and efficiency. Layer 2 features of World Chain World Chain is built on Superchain, secured by…
Web3 Game Seraph Begins Final PTR Testing Ahead of Season 1 Release – Chainwire housenewsroomWeb3 Game Seraph Begins Final PTR Testing Ahead of Season 1 Release We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical…
With the price of Bitcoin (BTC) soaring to the $70,000 level, whale wallets are accumulating BTC at a rate very similar to the rate from July 2020 to January 2021, when Bitcoin rose 550%.According to Minkyu Woo, a verified author at CryptoQuant, this historical trend has investors excited about a potential BTC breakout. As can be seen in the chart below, the rate of Bitcoin whales on spot exchanges is currently similar to the rate observed around July 2020 following the coronavirus-induced crash in March. Bitcoin exchange whale ratio chart. Source: CryptoQuantThe author notes that whales continue to accumulate BTC…
2nd edition of ethereum.org Translatathon It’s in the book! This year we saw 327 contributors translate 2.53 million words into 70 languages. Let’s look at the details. What is Translataton? Translatathon is an annual translation competition aimed at increasing the amount of non-English Ethereum content. Participation is open to anyone who is bilingual and no technical knowledge is required. During the Translatathon, participants can learn more about Ethereum while contributing to ethereum.org and competing for prizes. 2 weeks to apply9 days of translation2-week quality evaluation The goals were to get more translations in underrepresented languages, expand multilingual content, engage new…
The founder of analytics firm Glassnode says altcoins could see one last decline before they start to outperform Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the name Negentropic, told their 63,400 followers on social media platform “Altcoin opportunities are coming soon. Our Bitcoin-Altcoin Cycle Indicator shows that we are back to BTC dominance (below 50 on the chart). When Bitcoin pulls back and altcoins fall sharply, entry opportunities open up. If BTC breaks resistance and the indicator moves above 50, we could see a strong alt season ahead.” Source: Negentropy/X The Bitcoin-Altcoin Cycle Indicator measures whether traders…
Wang Long Chai October 18, 2024 05:26 UCLA researchers have unveiled SLIViT, an AI model that rapidly analyzes 3D medical images, outperforms existing methods and democratizes medical imaging with a cost-effective solution. UCLA researchers have introduced a groundbreaking AI model called SLIViT, designed to analyze 3D medical images with unprecedented speed and accuracy. According to the NVIDIA Technology Blog, this innovation promises to significantly reduce the time and cost associated with traditional medical image analysis. Advanced deep learning framework SLIViT, which stands for Slice Integration by Vision Transformer, utilizes deep learning technology to process…