Peter Jang October 3, 2024 05:02 Gala Music has announced an update to the $MUSIC token economics, introducing dynamic emissions, standardized node rewards, and removal of track rarity to improve transparency and sustainability. Gala Music plans to revolutionize the ecosystem with a major overhaul of the $MUSIC token economics model. According to Gala News, the update aims to improve transparency, equity and sustainability within the platform. Dynamic emissions model The most notable change is $MUSIC’s switch to a dynamic emission model. Previously, with the launch of the new track, emissions are now linked to…
Author: Crypto Flexs
Read More
Aptos Labs Announces Strategic Expansion into Japan Through Agreement to Acquire Palette Chain Developer HashPalette – Chainwire housenewsroomAptos Labs announces strategic expansion into Japan through an agreement to acquire Palette Chain developer HashPalette We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with 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…
Each month, our panel of crypto lawyers looks at the legal implications of some of the thorniest problems facing the industry in different jurisdictions around the world. The arrest of Telegram CEO Pavel Durov in France has reignited a global debate on the rights and responsibilities of social media platforms.Is it right to arrest a founder for criminal behavior on their platform they had nothing to do with? Critics have likened it to arresting the head of a phone company because criminals discussed a crime on a call.The European Union has rolled out increasingly restrictive laws with the Digital Services…
Solana (SOL)-based memecoin is likely to have a strong week despite recent corrections, said a cryptocurrency strategist with the ‘Master Trader’ rating on cryptocurrency exchange Bybit. Bonk (BONK) appears to be in the midst of a five-wave rally, pseudonymous analyst Bluntz told his 278,100 followers on social media platform Bluntz is a popular practitioner of Elliott Wave theory, which states that bullish assets tend to witness five-wave rallies. The trader shares a chart that suggests BONK will rise to $0.000033. “I think the Swift Post Weekly Dip is ideal here. BONK is in a prime location for Turbo Green Week.…
Posted 1 minute ago to Updated: October 3, 2024, 1:28 AM EDT Base, a layer 2 Ethereum network incubated at Coinbase, has seen its total locked value (or user deposits) surge to $2 billion. This is more than five times the network deposit.Decentralized exchange Aerodrome accounts for nearly half of Base’s TVL, with its deposit contribution increasing to more than $1 billion from $120 million in January. These deposits account for more than 50% of total TVL within Base’s DeFi ecosystem.According to DeFiLlama data, Aerodrome is the largest decentralized exchange protocol on Base, surpassing DeFi giants such as Uniswap and…
Alvin Lang October 2, 2024 18:49 Learn how to maximize your LGG winnings using Linea’s top DeFi applications like Lynex, Maestro, and Zerolend, and explore the benefits they offer. Recently, Linea Guild Games (LGG) took part in a thrilling competition where participants battled it out in the virtual world of Unfettered Awakening. Hosted by Linea, Unfettered Ecosystem, Hyperplay, and Game7, the event featured a total ETH prize pool of $100,000 along with $SOULS tokens and meme tokens from participating guilds. With the competition coming to a close, participants are now working to optimize their…
Bitcoin (BTC) fell 8.3% from September 30 to October 1, reaching a two-week low of $60,207. Despite a slight recovery to $61,300 on October 2, the Bitcoin price remains 16.6% below its March 2024 all-time high, while gold and the S&P 500 are each within 2% of their recent record levels. We are maintaining it.Given Bitcoin’s poor performance, one might expect traders to take a bearish stance. However, BTC derivatives indicators suggest otherwise. Some analysts argue that socio-political uncertainty could have a negative impact on short-term prices. Historically, Bitcoin has tended to outperform other asset classes following major events, indicating…
October 1, 2024 The EEA’s Crosschain Interoperability Working Group has just published a case study describing the implementation of the EEA DLT Interoperability Specification. This case study describes the implementation of the recently published version 1 specification to enable interaction between the EVM-based Polygon blockchain and the RUST-based Sobrana smart contract on the Stellar network. The Stellar-Polygon Asset Bridge demonstrates how to leverage various DLT networks to create efficient, secure, and scalable cross-chain asset transactions. …This case study demonstrates how compliance with open standards, such as the EEA DLT Interoperability Specification, can provide a robust framework for enterprises to build…
The Tron network recorded $577 million in revenue in the third quarter, outpacing major blockchains including Bitcoin and Ethereum in terms of quarterly revenue. According to Tron’s data, Tron earned $577.2 million worth of revenue in the third quarter. 74% of revenue came from staking and 26% from burning. This is Tronscan’s data, which was also cited by Tron founder Justin Sun in his post on X on October 2nd. . Tron recorded quarterly revenue of $577 million in the third quarter. Source: TronScanTron’s record-breaking quarterly numbers were largely driven by the network’s increased stablecoin activity and its recent entry…
As we get deeper into 2024, we cannot help but feel that we are standing at a pivotal moment in the global economic environment. Everywhere I look there are signs that suggest where the market is headed. And as a cryptocurrency investor, I know the importance of staying one step ahead. The pieces of this puzzle are starting to fall into place, with inflation cooling, labor markets stabilizing and central banks expected to ease monetary policy. But the real question is, How should we position ourselves to make the most of what lies ahead? Have we passed the recession threat?…