Layer 1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in terms of development activity, according to cryptocurrency analytics firm Santiment. Santiment noted in a new post on social media platform MultiversX is a decentralized proof-of-stake blockchain network with over 3,000 nodes. The project aims to help developers build next-generation applications. Since passing the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) last May, it has been leading the cryptocurrency gaming field in terms of GitHub events. Decentraland remains in second place with 174.47 notable GitHub events over the past 30 days. Immutable X (IMX), a non-fungible token…
Author: Crypto Flexs
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lawrence jenga October 2, 2024 15:16 Eigen Labs and LayerZero Labs introduce the CryptoEconomic DVN framework to enhance security and interoperability across blockchains. According to the EigenLayer blog, Eigen Labs has announced collaboration with LayerZero Labs to develop a new framework for the CryptoEconomic Distributed Verification Network (DVN). This collaboration leverages LayerZero’s established protocols that have managed millions of messages and protected billions of dollars in applications.Why EigenLayer x LayerZero?Eigen Labs and LayerZero Labs aim to build a verifiable Internet across blockchains with permissionless security. The security of OmniChain message verification was previously based…
This column was co-written by The Block’s Special Projects Director Frank Chaparro and MNNC Group’s Laura Vidiella. The views expressed in this column are our own and do not reflect the opinions of our employers.Immediately after the Tuesday Uptober newsletter.The market slumped despite a 1% decline. BTC +0.043% Price – Funny how quickly things can change.Overall, it was a mild week, much like the past three months. The exception was the brief relief we saw in September, when most directional funds recorded gains of 10-15%. This was a positive sign, especially considering the challenges directional funds have faced throughout 2024.…
Open Interest in Bittensor (TAO) is at an all-time high and positive sentiment is also on the rise. In the past 30 days, TAO is up more than 130%. Bittensor (TAO) performed well. Bitcoin (BTC) The broader cryptocurrency market is up 13% in the last 24 hours. In fact, TAO has been the best performing altcoin, with its value rising by more than 130% over the past 30 days. According to Artemis, the artificial intelligence (AI) cryptocurrency sector is leading the market with a weighted average gain of 37% over the past month. (Source: X) In just one month, the…
Solana is known for its commitment to high-speed blockchain technology. But behind its claims of superiority lie serious problems that undermine its reliability and decentralization. Essentially, there are three main problems with the current Solana ecosystem: frequent network outages, misleading TPS metrics, and validator centralization. frequent interruptions Since launching in 2020, Solana has experienced 12 major network outages, bringing down dApps, traders, and the platform. These outages are often caused by network congestion, validator errors, or bugs, with some lasting as long as 17 hours. A notable case that occurred in September 2021 caused confusion for users who were unable…
Caroline Bishop October 2, 2024 15:57 Bitcoin (BTC) has hit a new technical high at $66,000, according to Glassnode Insights, with on-chain indicators hinting at a market shift. Bitcoin (BTC) has reached a new technical high, bouncing back into the $66,000 region for the first time since its all-time high (ATH), according to Glassnode Insights. This upward trend has seen a number of important on-chain indicators hit higher highs, making it a notable moment for the cryptocurrency market.cycle navigationBitcoin price rebounded towards $66,000 last week, hitting its first technical high since June, suggesting a…
Top news of the week The director who identified the QAnon author said the HBO document would expose Satoshi. Documentary filmmaker Cullen Hoback and HBO recently announced the debut of the upcoming film. Money Electric: The Bitcoin MysteryIt suggests that the identity of Bitcoin founder Satoshi Nakamoto may finally be revealed. Cullen Hoback is probably best known for his HBO miniseries. Q: Into the stormHe claims to have identified several authors of the QAnon conspiracy theory. Recently, Hoback investigated the origins of Bitcoin in an attempt to trace the real identity of the engineer known as Satoshi Nakamoto, who is…
Top news of the week The director who identified the QAnon author said the HBO document would expose Satoshi. Documentary filmmaker Cullen Hoback and HBO recently announced the debut of the upcoming film. Money Electric: The Bitcoin MysteryIt suggests that the identity of Bitcoin founder Satoshi Nakamoto may finally be revealed. Cullen Hoback is probably best known for his HBO miniseries. Q: Into the stormHe claims to have identified several authors of the QAnon conspiracy theory. Recently, Hoback investigated the origins of Bitcoin in an attempt to trace the real identity of the engineer known as Satoshi Nakamoto, who is…
The US-based spot Bitcoin exchange-traded fund recorded modest daily inflows on Friday but ended the week with net negative outflows for the first time since September 6. Total net assets held by the fund fell from $61.21 billion a week ago on September 27th to $57.73 billion after this week’s outflows and the price of Bitcoin fell from about $65,000 on Friday the 27th to about $62,000 on Friday, October 4th. decreased to $10 million. . According to SoSoValue data, $15.3 million flowed into Bitwise’s BITB fund on Friday, bringing the fund’s total daily net inflows to $25.6 million. Fidelity’s…
The Cardano founder launched a subtle attack on Solana. Hoskinson hinted that the network was lagging behind Sui. According to him, Sui is “who Solana should have been.” Cardano founder Charles Hoskinson recently attacked the Solana blockchain, praising Sui as a better choice. Hoskinson’s comments come amid a positive trajectory for Sui in recent months. This brought the network’s Total Value Locked (TVL) to an all-time high of $900 million on September 23. During the same period, Sui’s native token recorded an impressive 39% jump within . You can change hands for $1.60 a week. Hoskinson praises Sui. Hoskinson’s comparison…