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2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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The BNB burn will be the fourth this year and the 25th overall. How Bitcoin Will Perform Amid Current IMF Forecasts? Six cryptocurrency exchanges in India where you can buy ...AWS head of startups Australia, John Kearney, told Cointelegraph that Immutable is a “great example of a local Aussie startup that has gone global” and reaffirmed the cloud provider’s commitment to expanding Web3 game development using its infrastructure.Immutable has been built with Amazon EventBridge and AWS Lambda, serverless services that use events to connect application components together. This has enabled the platform to “increase its scalability to handle a 10x increase in partnered games,” according to the announcement.Concerns have previously been raised about the centralization of gaming and Ethereum, along with the reliance on Amazon — the market leader capturing about a third of the cloud services market. Immutable product marketing lead Michael Powell alleviated some of those concerns, explaining to Fortune in an Oct. 11 report:“A lot of blockchain purists are very big into the idea of decentralization and that everything has to be on-chain and that’s a massive deviation from where game developers actually build.”Related: Immutable’s Gods Unchained launches on Epic Games StoreIn August, Immutable began public testing its zero-knowledge Ethereum Virtual Machine (zkEVM) in collaboration with Polygon Labs.According to the firm, the zkEVM will lower development costs for game developers while providing the security and network effects that come with the Ethereum ecosystem.Immutable was valued at $2.5 billion in March 2022 following a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek.Magazine: Singer Vérité’s fan-first approach to Web3, music NFTs and community buildingMeet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC Source: Adobe / macgyverhhEthereum's recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days.The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last year to make ETH a deflationary asset.The surge in supply can be attributed to the decline in transaction activity on the Ethereum network.Reduced NFT trades and decreased decentralized finance (DeFi) activity have resulted in less ETH being burned.Ethereum's fee-burning mechanism means that higher network activity leads to increased gas prices, which, in turn, results in more ETH being permanently removed from circulation.However, the recent drop in gas fees, with an average network transaction costing just $0.24, has reduced the amount of ETH burned, contributing to the supply surge.Core developers unfazedWhile some in the crypto community have expressed concern about Ethereum's inflationary trend, Ethereum core developers appear unfazed.Micah Zoltu, an Ethereum core developer, downplayed the significance of the development, telling crypto news outlet Decrypt on Sunday that it's “insignificant” in the grand scheme of things.Similarly, Danno Ferrin, another Ethereum core developer, pointed out in the same article that Ethereum's short-term inflation remains lower than other chains and the broader economy.“It is still below the all-time high [ETH supply],” Ferrin said in the article, while adding that Ethereum’s short-term inflation rate is “well below other chains and the economy as a whole.”As a comparison, the issuance of new BTC on the Bitcoin network is halved every four years, and the BTC annual inflation rate currently stands at about 1.8%.The inflation rate (CPI) in the general economy in the US stood at 3.7% annually as of last month.Regardless of these viewpoints, it’s clear that the shift in supply dynamics raises questions about Ethereum's long-term financial health and whether it can fulfill the expectations of becoming "ultrasound money," a term used by Ethereum enthusiasts to describe a deflationary currency.K33 Research Advises Shifting Focus from Ether to Bitcoin Amid ETF Debut

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Speakers at the Web3 x Fashion event during Milan Fashion Week. Image: Sander Gansen/BananaCorp Cumulative fees obtained from user activity on Friend. tech have exceeded $35 million since its establishment. With increased issuance and repayment activities last month, Friend. tech has been earning an average daily fee of $1.1 million since September 8th. Additionally, as of September 14th, generated fees have reached an all-time high of $2 million. Friend. tech takes half of these fees as revenue and has generated 11,000 ETH in protocol revenue since its launch. coin cryptocurrencyBridging Regulated Money Markets and Crypto — Watcher.Guru (@WatcherGuru) October 2, 2023

On the other hand, SBF has maintained his innocence. It faces seven fraud charges, including wire fraud, conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, etc. It is expected that the project will be launched by mid-2024. The initiative could bring an alternative to Swift’s dominant payment infrastructure by bringing a precedent for further payment fragmentation across other regions. Bitcoin rates in PKR and USD on May 16, 2023Presently, Fluid is in its preliminary testing stages. The team expects to finalize the audits by the end of November and is planning a bug bounty event in December. The official release of the protocol is projected for January. ThorSwap, by contrast, is fully public, and even armchair analysts can track the funds swapped between the chains. This has left some question as to why the attacker would bother with the swaps.

Individuals or entities lease mining hardware from providers who manage and maintain the equipment in their data centers in this approach. This method gives users control over the bitcoin they mine. Boston, USA — Vechain, a prominent L1 public blockchain, has unveiled the winners of its sustainability-themed hackathon, a 36-hour marathon hosted at Harvard University in partnership with Web3 educational app, EasyA, and global consulting firm, Boston Consulting Group (BCG). — Vechain Track Winner: Movelo, creators of a "move-to-earn" application that allows companies to sponsor and reward users for sustainable transportation choices such as walking, biking, or ride-sharing. BCG Track Winner: FiTag, developers of a luxury fashion tracking iOS app promoting supply chain transparency through blockchain and NFC tags, digital twins, loyalty-program NFTs, and AR shopping. 'Shark Tank' Pitchathon Track Winner: PropelPixel, the brains behind an eco-friendly travel solution incentivizing ride-sharing and sustainable travel through a bespoke metaverse environment powered by NFTs. These visionary projects collectively earned a share of $46,000 in prize money, with additional funding opportunities announced at the event. Movelo, built on VechainThor, the sustainable public network by Vechain, uses blockchain to verify distances traveled through walking or cycling, calculates carbon offsets, and directly rewards individuals based on carbon emissions saved. It gamifies the experience with NFTs and leaderboards, offering companies a new way to incentivize sustainable travel options for their employees. FiTag, the winner in BCG's track, is a luxury fashion tracking app ensuring brand supply chain transparency through Vechain's blockchain. Utilizing NFC tags, FiTag provides transparency from sourcing to sale, complies with sustainability regulations, and promotes a circular economy through a rental model. NFTs guarantee product authenticity and digital ownership. Sunny Lu, CEO of Vechain, emphasized the role of Web3 technologies in sustainable development. He noted that developers are crafting sustainable dApp ecosystems, leveraging tokenization and gamification to drive positive change. The Pitchathon category winner, PropelPixel, offers a platform where users share eco-friendly travel experiences, earning tokens and NFTs for documenting their journeys. It redefines carpooling, ridesharing, and public transportation with a secure platform for sharing experiences. A panel of industry experts judged the projects, assessing their ability to address sustainability applications, particularly 'X'-to-Earn sustainability solutions. “Over the weekend, we saw the development of truly innovative blockchain solutions for enterprises, and we now have the opportunity to see these winners enter the sector and reshape the way entities within it operate." Bernhard Kronfellner, Partner at BCG "The event further demonstrates how building on sustainable infrastructure like vechain’s network can make sustainability a by-product of business solutions, meaning companies can both streamline their processes and strengthen their carbon neutrality efforts all at once,” commented Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at BCG. The hackathon marked the conclusion of Vechain's #60daysofvechain event, attracting over 10,000 candidates and gathering 200 top developers from companies like Google, Meta, and Coinbase, as well as prestigious institutions including Harvard, MIT, Princeton, Yale, Wharton, and Stanford. — About Vechain Vechain, headquartered in San Marino, Europe, is the curator of VechainThor, a leading smart contract platform advancing the real-world adoption of blockchain technology. VechainThor's capabilities include trustless data, smart contracts, and IoT technologies, enabling solutions across various fields with a focus on sustainability and digital transformation at a global scale. About EasyA Founded by former Cambridge University and Wharton School alumni, Phil and Dom Kwok, EasyA is a leading Web3 learning app with a large developer community. It partners with over 250 blockchain clubs worldwide and ranks as one of the top apps on the App Store, receiving Apple's App of the Day award.Bitkeep unveils new partnership with Sunflower Land Wal-Mart chairman: Integrity 'is our business'VitaDAO invests in “valley of death”-stage ideas where research is still unproven, White said, adding that Pfizer once put significant resources into an early-stage investment team but judged such investments too risky before investing in VitaDAO. The lack of follow-through on the IRI’s promises highlights the crypto industry’s volatility and the challenges of delivering on rescue initiatives. As regulatory pressures mount on Binance and its founder, the industry’s future remains uncertain.


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