The co-founder of Aptos (APT) believes the layer-1 cryptocurrency project is on the verge of large-scale mainstream adoption. In a new interview with cryptocurrency influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh said the speed of the Aptos network makes it a very attractive blockchain for payments. He also said Aptos’ new cold storage wallet card, designed to store users’ portfolios of digital assets, could make cryptocurrency payments more mainstream. “Within a year or two, we would like to see card and mobile wallet penetration increase to over 20% of all cardholders or mobile devices. “It would be something…
Author: Crypto Flexs
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Decentralized application (dApp) infrastructure developer Semantic Layer has raised $3 million in seed financing, making up the company’s total funding to date.Figment Capital led the round, with additional support from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram, and Perridon Ventures, according to a release shared with The Block.Semantic Layer aims to power transaction execution infrastructure using tools. Verifiable Aggregation Rule (VAR) and Verifiable Sequencing Rules (VSR). These tools give dApps more control over ordering and bundling multi-blockchain transactions. Operating within the Semantic Layer’s ASS (Application-Specific Sequencing) framework, VAR and VSR reduce maximum extractable value (MEV) leakage and allow…
Bitcoin ETF inflows are picking up again, led by Fidelity’s FBTC and BlackRock’s IBIT. The Ethereum ETF saw no new inflows on October 7, with trading volume decreasing. Despite a slow start to October for the spot Bitcoin (BTC) ETF, the market is showing signs of improvement. According to Farside Investors, the BTC ETF recorded notable inflows amounting to $235.2 million on October 7, marking the second consecutive day of positive capital movement. Bitcoin ETF led by Fidelity Leading the surge was Fidelity’s FBTC ETF, which recorded the highest inflows at $103.7 million. Additionally, BlackRock’s IBIT, the largest spot Bitcoin…
lawrence jenga October 9, 2024 03:26 NVIDIA’s cuOpt leverages GPU technology to dramatically accelerate linear programming, achieving performance up to 5,000 times faster than traditional CPU-based solutions. The linear programming (LP) landscape is undergoing a transformational change with NVIDIA introducing cuOpt, a GPU-accelerated solver that promises unprecedented speed and efficiency. According to the NVIDIA Technology Blog, cuOpt implements native bilinear programming (PDLP) with GPU acceleration, achieving up to 5,000x faster performance compared to traditional CPU-based solvers. Advances in Linear Programming Linear programming, a method of optimizing constrained linear objective functions, has made significant advances…
Call centers avoided targeting Americans because they did not want the FBI to track them. Australians are targeted because the AFP is less likely to go after fraudsters. A former Ukrainian call center worker said Australians were targeted by cryptocurrency scam calls because they were perceived as “easy prey”. Mark (pseudonym), who moved to Ukraine, initially joined the cryptocurrency fraud company because of the salary he would receive. He eventually left the organization but admits Australians were the number one target of scam calls during his time with the company. “I heard Australians have a lot of money and good…
With the recent recovery in cryptocurrency prices, the largest market capitalization memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF) have recorded double-digit gains over the past month. First Neiro on Ethereum (NEIRO), a new memecoin deployed on the Ethereum network in late July, has been the biggest gainer, up over 3,330% over the past 30 days and over 63% over the past week. Its value has increased by 13% in the last 24 hours. POPCAT followed with a monthly increase of 137%, and Mogcoin (MOG) ranked third with a 102% increase over the same period.Performance of top…
For most of 2024, liquidity in the cryptocurrency market was maintained through memecoin trading. According to a CoinGecko report, memecoins were the most popular story in the second quarter of 2024, accounting for 14.3% of the market share. The numbers were very similar in the first quarter. These cryptocurrencies rely on their brand of humor – funny communities and memes – to attract users and traders. These memes allow people from all walks of life to come together for the common goal of jokes and jokes with the promise of financial rewards through trading memecoins. Memecoin’s market capitalization of over…
Crypto investment firm Canary Capital has applied to create a spot XRP exchange-traded fund (ETF), becoming the second issuer to bid for an XRP fund in the past seven days.Canary Capital said in a filing with the Securities and Exchange Commission on October 8 that its ETF provides investors with access to the XRP (XRP) market through traditional brokerage accounts without the potential entry barriers or risks of acquiring and holding XRP directly. He said he would make it possible. .”Canary said its XRP ETF will track the price of XRP using the Chicago Mercantile Exchange (CME) CF Ripple Index,…
HBO’s new documentary ‘Money Electric: The Bitcoin BTC -0.36% ‘Mystery’ suggests that the identity of Satoshi Nakamoto, the pseudonymous founder of Bitcoin, is Peter Todd.Todd quickly denied the claim to X.Billed as a “global investigation” to “unravel one of the Internet’s greatest mysteries,” the nearly two-hour documentary interviews a series of different people and investigates various leads before finally focusing on Todd. It’s unclear what his motivations are, but in a few conversations between Todd and filmmaker Cullen Hoback near the end of the documentary, the Bitcoin Core developer appears to be toying with the filmmaker.Produced by Hoback, “Money Electric:…
Solana leads token creation. Memecoin powers the majority of Solana tokens. The basic chain comes in second place. Solana has recently seen an explosion of memecoin creation on its chain. Developers, influencers, and even celebrities have jumped on the trend, thanks to platforms that make token launches easier than ever. Recent data shows just how important this trend is. Solana leads the way in new token launches, outpacing all other chains by a wide margin. Memecoin leads Solana’s token launchSolana has accounted for 87% of new token launches since September, according to new data. Specifically, of the 110,180 tokens launched…