Author: CryptooTimes
SOL hit $170 on Friday, its highest price in more than a month, before slightly retreating to $166 recently. It has advanced nearly 7% over the past 24 hours and is now up more than 40% from the crypto market’s local bottom in early May, while BTC sank to $56,000. Source link
In a virtual symposium that crackled with anticipation, Genfinity recently orchestrated a high-stakes panel discussion that promised to unravel the enigmatic tapestry of Web3 technology. Picture this: luminaries from the likes of Brillion Finance, Constellation Labs, XinFin, LUKSO, Aleph Zero, and HashPack Wallet converging in a digital arena, each a titan in their own right, poised to chart the course for the future of decentralized innovation. As the digital curtains rose, the stage was set for a gripping exchange of ideas, with the panelists primed to unveil the secrets of Web3’s transformative potential. Against a backdrop of swirling uncertainties in…
With Bitcoin surging to $66,700, could a new all-time high be on the horizon, fueled by easing U.S. inflation and talk of Fed rate cuts? Bitcoin (BTC) has recently surged in price, reaching as high as $66,700 on May 16, with the current price standing at $65,800 levels. This uptick follows the release of the U.S. economic data. Inflation across the U.S. eased slightly last month, with the consumer price index (CPI) rising at an annual rate of 3.4% in April, down from 3.5% the previous month. CPI data suggests a potential downward trend in the cost of living, prompting…
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative. Source link
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto it in a show of solidarity with the SEC. Although a number of high profile Democrats, including New York Sen. Chuck Schumer, voted in favor of overturning the bulletin, the Senate’s 60 to 38 vote on Thursday failed to cross the threshold to override a presidential veto. Source link
Nexera, a pioneering force in the realm of blockchain innovation and tokenization, proudly announced a significant enhancement to its Nexera Bridge infrastructure. This upgrade was made possible through the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a move poised to revolutionize cross-chain transactions. We are thrilled to announce a significant upgrade to Nexera Bridge by integrating @Chainlink’s Cross-Chain Interoperability Protocol (CCIP)! To complete this update, the Bridge will be in maintenance mode for 48 hours from 6:00PM CEST (4:00 PM UTC) today until 6:00 PM CEST… pic.twitter.com/SrHDaEJ5nC— Nexera (@Nexera_Official) May 14, 2024 X.com The Promise of Cross-Chain Tokenization The tokenization…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Bitcoin network’s security is based on the addition of new blocks to the chain, which miners are financially incentivized to produce. In turn, miners’ revenues comprise the transaction fees for all transactions included in a block that they mine as well as a block subsidy. However, the block subsidy will not last forever: it is halved every four years (most recently on April 19, 2024) and will trend to zero. It aims to support miners’ profitability…
Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action. Source link
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Significant developments have unfolded within Constellation Network, showcasing their progress and future vision in the Web3 realm. Notable among these updates are Ben Jorgensen’s insights into Web3 dynamics, Constellation’s strategic involvement in the DeRec Alliance, and the technological advancements highlighted by the Euclid SDK. We have provided a comprehensive overview of Constellation’s recent activities, emphasizing their commitment to promoting industry adoption and pioneering innovative solutions. Keep reading below for more details! Constellation Joins the DeRec Alliance The DeRec Alliance The DeRec Alliance plays a crucial role in the blockchain ecosystem by addressing one of the most significant challenges in Web3:…
