udjazz (@udjazz) • Hey

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I just voted "Option 1" on "Stargate Foundation's Amendment to RFP Proposal" https://snapshot.org/#/stgdao.eth/proposal/0x3997c16f0954428d95075455d0c97fd86878be1fba393d62a09bbbe18ebca0ee #SnapshotVote
I just voted "Against" on "Distribution of RFP " https://snapshot.org/#/stgdao.eth/proposal/0x331603498dd2beb9d9f8ff960a0d7d8fb902783b9ae15a6012086451e49acfb1 #SnapshotVote
Hi guys, am new here still finding my way around it 🤞🤞
Polyhedra Network Makes Its Exclusive Project ‘Expander’ Open Source blockchainblackandgreen Polyhedra Network, a cross-chain solution provider for L2s and L1s with zkBridge technology, has made an exclusive development. The platform disclosed that it has recently open-sourced its exclusive ZK proof mechanism Expander which it launched nearly 6 days back. The company revealed this news on its official account on X. 🎉 Today, we are proud to open source #Expander, the world’s fastest #ZK proof system. Expander is a GKR prover designed for scaling large-scale parallel computing. Now, everyone can access the record-breaking open-source prover:https://t.co/DP25yI80SM pic.twitter.com/c99Fb9etjq — Polyhedra Network (@PolyhedraZK) May 9, 2024 Polyhedra Open Sources Its ZK-Proof Mechanism ‘Expander’ The platform noted in one of its posts that Expander operates as a GKR prover. As per Polyhedra, the project focuses on scaling broad-scale parallel computing by its design. As a result of this facility, everyone can leverage the unique open-source prover. The company added that its GKR prover pays considerable attention to speed.
https://coinmarketcap.com/community/share/post/335968646 https://coinmarketcap.com/community/share/post/335968646/
Former Binance CEO’s Trial Reveals that Cooperation Pays Off: Report Changpeng Zhao’s admission of guilt has paid off in his trial. A report states that Zhao’s cooperation during the trial led to reduced sentencing. CZ faces a four month jail term, while prosecutors wanted a three-year term. The trial of Changpeng Zhao, also known as CZ in the digital asset space, brought out the fact that cooperation plays a big role in the results. It is important to note that the crypto entrepreneur was sentenced to 4 months in prison. As per a report from CoinDesk, United States District Judge Richard Jones in Seattle noted that the billionaire’s contributions to charities were coupled with his willingness to accept responsibility while downplaying the fact that he had anything to do with the crimes being committed at Binance. The sentencing is more than CZ’s lawyers asked for while being significantly less than the one suggested by the US prosecutors. Prosecutors sought a 3-year jail term, while CZ’s lawyers wanted a mere house arrest.
I just voted "Yes" on "Proposal to wind down support for the Fantom Ecosystem" https://snapshot.org/#/stgdao.eth/proposal/0xeb2e6a54d110db0cec12113aae61ac83e2d31fc60e14c8084d86d0cc710631d4 #SnapshotVote
@okx has teamed up with TON Foundation to launch the USDt-TON Learn & Earn campaign!OKX users can earn a share of the 20K $TON prize pool while learning about $USDt on #TON.Check out this thread to find out how you can Learn & Earn ⬇️🧵 2/ @okx, one of the first exchanges to list $TON and one of the world's leading crypto exchanges, has enabled USDt-TON deposits and withdrawals. Also, users can withdraw USDt-TON with zero fees for a limited time.#TONxTelegramxTether 3/ Follow these simple steps to join the Learn & Earn campaign:•Enroll here: https://www.okx.com/campaigns/usdt-ton-promotion •Complete the quiz.•Share with friends.•Receive rewards directly in your OKX account. 4/ This campaign is open to new and existing eligible OKX users globally.Rewards are distributed on a first-come, first-serve basis.Terms and conditions apply. For more details, visit this page ⬇️ https://www.okx.com/campaigns/usdt-ton-promotion 5/ Learn & Earn! ⬇️ https://www.okx.com/campaigns/usdt-ton-promotion
@okx has teamed up with TON Foundation to launch the USDt-TON Learn & Earn campaign!OKX users can earn a share of the 20K $TON prize pool while learning about $USDt on #TON.Check out this thread to find out how you can Learn & Earn ⬇️🧵 2/ @okx, one of the first exchanges to list $TON and one of the world's leading crypto exchanges, has enabled USDt-TON deposits and withdrawals. Also, users can withdraw USDt-TON with zero fees for a limited time.#TONxTelegramxTether 3/ Follow these simple steps to join the Learn & Earn campaign:•Enroll here: https://www.okx.com/campaigns/usdt-ton-promotion •Complete the quiz.•Share with friends.•Receive rewards directly in your OKX account. 4/ This campaign is open to new and existing eligible OKX users globally.Rewards are distributed on a first-come, first-serve basis.Terms and conditions apply. For more details, visit this page ⬇️ https://www.okx.com/campaigns/usdt-ton-promotion 5/ Learn & Earn! ⬇️ https://www.okx.com/campaigns/usdt-ton-promotion
OKX 'OG' Execs Tim Byun and Wei Lan Leave Crypto Exchange Tim Byun was CEO of U.S. arm Okcoin between 2018 and 2020, and later became head of global government relations at OKX. Wei Lan was head of product and ran the trading desk at the second-largest exchange by volume, according to a person familiar with the setup. What's the Biggest Misconception People Have About Bitcoin Mining? 00:39 What's the Biggest Misconception People Have About Bitcoin Mining? Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now? 08:53 Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now? Traders Bet on Ether's Drop; Sen. Lummis, Gillibrand Take on Stablecoin Legislation, Again 01:47 Traders Bet on Ether's Drop; Sen. Lummis, Gillibrand Take on Stablecoin Legislation, Again Crypto Fee War Intensifies in South Korea 01:02 Crypto Fee War Intensifies in South Korea Long-term senior OKX executives Tim Byun, who was in charge of global government relations at the world's second-largest cryptocurrency exchange, and Head of Product Wei Lan have both recently left the company, according to people familiar with he matter. For two years, between 2018 and 2020, Byun held the position of CEO at Okcoin, the exchange's U.S. subsidiary, before taking up the government relations role. Wei Lan oversaw much of the trading desk activity at OKX, according to a person familiar with the situation. The exchange group is in the process of consolidating its parts under the single OKX brand, shifting away from having a separate U.S. brand. Other recent departures include OKX Global Compliance Chief Patrick Donegan, who left in January after just six months.
Steven Nerayoff Intends to Sue U.S. Government for $ 9.6B Over Dropped Extortion Charges Steven Nerayoff, a former adviser to the Ethereum network, is seeking $ 9.6 billion in damages from the U.S. government stemming from a 2019 case against him that was later dropped. Lawyers for Nerayoff allege their client was framed by the FBI and federal prosecutors in order to get him to turn over evidence on high-profile people in the crypto industry. Steven Nerayoff, an early adviser to the Ethereum network, has filed a notice of his intent to sue the U.S. government for $ 9.6 billion in damages connected to his 2019 arrest on criminal extortion charges, which his lawyers called “fabricated” and “baseless.” Nerayoff’s Federal Tort Claims Act (FTCA) form, which was provided to CoinDesk by his lawyers, is the first step towards filing a lawsuit against the Department of Justice (DOJ). In FTCA cases, the agencies involved must be notified of the claimant’s intention to sue at least six months before a lawsuit is formally filed. Well-known civil liberties lawyer Alan Dershowitz confirmed Wednesday that he will serve as a consultant on constitutional issues for Nerayoff’s case. The government’s charges against Nerayoff were dropped in May 2023. Two months earlier, prosecutors moved to end the case, admitting that they had obtained material exculpatory evidence and were unable to prove the charges in the indictment beyond a reasonable doubt. Nerayoff’s lawyers had, before that, filed a motion to dismiss that was chock-full of explosive claims against the federal investigators and prosecutors involved in the case. Read more: U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network Nerayoff and his lawyers say that he was the victim of an elaborate, years-long setup by the Federal Bureau of Investigation (FBI) with the ultimate intention of getting him to turn over evidence on important figures in the crypto industry. The FBI did not respond to CoinDesk’s request for comment by the time of publication. On the morning of Sept. 17, 2019, Nerayoff claims he was arrested by a dozen gun-wielding FBI agents and interrogated for “hours” in an unmarked van parked outside his home. According to Nerayoff, the agents told him he would “not see his young minor children grow old” unless he cooperated by giving them information. The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defendant on the extortion charges, Michael Hlady, was a government informant. Nerayoff’s lawyers maintain that Hlady, who was convicted of swindling Catholic nuns out of nearly $ 400,000 in 2010, was “insinuated … into [his] orbit” by the FBI, in order to help them build a case against Nerayoff. In 2021, Hlady pleaded guilty to the extortion charges Nerayoff was also tied up in. But last month, the government moved to drop the charges against him and allow him to withdraw his guilty plea, instead having him plead guilty to one count of wire fraud in an unrelated fraud scheme he committed while out on bond
PHAVER-UP: GENESIS is near, are you prepared?🦄 Whitelist Week 1 celebrates our beginning with @LensProtocol: 🌿Connect a Lens to your Phaver profile 🌿Connect an NFT to Phaver Cred 🌿Post to Lens from Phaver by April 9 🦄Mint on @MagicEden April 10🆙 phaver.gitbook.io/phaver-help-ce…
PHAVER-UP: GENESIS is near, are you prepared?🦄 Whitelist Week 1 celebrates our beginning with @LensProtocol: 🌿Connect a Lens to your Phaver profile 🌿Connect an NFT to Phaver Cred 🌿Post to Lens from Phaver by April 9 🦄Mint on @MagicEden April 10🆙 phaver.gitbook.io/phaver-help-ce…
Bitcoin (BTC), Ether (ETH) Prone to Topside Volatility as $ 15B Options Expiry Looms On Friday, leading crypto options exchange Deribit will settle bitcoin and ether options contracts worth $ 9.5 billion and $ 5.7 billion, respectively. Deribit’s Luuk Strijers told CoinDesk that many options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market. Dealer hedging could also breed volatility around $ 70,000, FRNT’s David Brickell said. The impending quarterly expiry of bitcoin (BTC) and ether {{ETH} options contracts worth several billion dollars could breed bullish price volatility, according to observers. On Friday at 08:00 UTC, Deribit, the world’s leading cryptocurrency options exchange, will settle quarterly contracts worth $ 15.2 billion. Bitcoin options account for $ 9.5 billion or 62% of the total notional open interest due for settlement, while ether options comprise the rest. The $ 15 billion expiry is one of the largest in the exchange’s history, Deribit data show. The expiry will wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities. Notional open interest refers to the dollar value of the number of active contracts at a given time. On Deribit, one options contract represents one BTC and one ETH. The exchange accounts for over 85% of the global crypto options market. A call option is a type of financial contract that gives the buyer the right, but not the obligation, to purchase an underlying asset at a preset price at a later date. A put gives the right to sell. Luuk Strijers, chief commercial officer at Deribit, said large amounts of options are set to expire in-the-money (ITM), which could inject upward pressure or volatility into the market. A call option expiring ITM has a strike price lower than the underlying asset’s going market rate. On expiry, the ITM call gives the purchaser the right to buy 1 BTC at the strike price (which is lower than the spot market rate), generating a profit. A put option expiring ITM has a strike price higher than the underlying asset’s going market rate. At the going market rate of around $ 70,000, bitcoin options worth $ 3.9 billion are set to expire in the money. That’s 41% of the total quarterly open interest of $ 9.5 billion due for settlement. Similarly, 15% of ETH’s total quarterly open interest of $ 5.7 billion is on track to expire in the money, as data from Deribit shows. “These levels are higher than usual, which can also be seen in the low max pain levels. The reason is, of course, the recent price rally. Higher levels of ITM expiries might lead to potential upward pressure or volatility in the underlying,” Strijers told CoinDesk. The maximum pain points for BTC and ETH's quarterly expiry are $ 50,000 and $ 2,600, respectively. The max pain is when option buyers stand to lose the most money. The theory is that option sellers (writers), usually institutions or traders with ample capital supply, look to pin prices near the maximum pain point to inflict maximum loss on option buyers. During the last bull market, bitcoin and ether consistently corrected lower in the direction of their respective max pain points only to resume the rally after the expiry. Similar dynamics could be at play, according to Strijers. “The market could see upward pressure as the expiry removes the lower max pain magnet,” Strijers explained. David Brickell, head of international distribution at Toronto-based crypto platform FRNT Financial, said hedging activities of dealers or market makers could boost volatility. “The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $ 50 million of gamma, with the majority focused at around the $ 70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $ 70,000, providing for some whippy, choppy moves either side of the said level,” Brickell told CoinDesk.
‘Why Were the Bitcoins Missing?’: FTX Bankruptcy Lead Slams SBF's ‘Delusional’ Defense The renowned bankruptcy attorney tapped to lead the dismantling of collapsed crypto exchange FTX said victims are still suffering. Image: Sergei Elagin/Shutterstock Image: Sergei Elagin/Shutterstock In a fiery victim impact statement, FTX's chief executive accused the crypto company's disgraced founder Sam Bankman-Fried of peddling "categorically, callously, and demonstrably false" claims about customer losses while showing no remorse for the billions allegedly stolen in one of history's biggest frauds. The statement by John J. Ray III, a seasoned corporate restructuring specialist overseeing FTX's bankruptcy, directly rebutted Bankman-Fried's assertion that the "harm to customers, lenders, and investors is zero" and that money was "not lost" because FTX entities were solvent when the firm collapsed in November. "Mr. Bankman-Fried cites 14 lines of the transcript from the January 31, 2024 bankruptcy court hearing and three news reports of the hearing, Ray wrote in the statement filed ahead of Bankman-Fried's sentencing in federal court in New York on Friday. "However, Mr. Bankman-Fried ignores pages and pages of important commentary, qualifications, and caveats from that hearing." "The harm was vast. The remorse is nonexistent. Effective altruism, at least as lived by Samuel Bankman-Fried, was a lie," Ray wrote. Bankman-Fried, who cultivated an image as a socially-conscious wunderkind as he turned FTX into a crypto behemoth, was convicted in November on fraud and conspiracy charges. Prosecutors allege he orchestrated a years-long scheme to tap customer funds to finance risky bets, luxury real estate purchases and political donations. Ray said that while a "very large team of dedicated individuals" has worked feverishly over the past 16 months to recover money and stabilize FTX's operations, Bankman-Fried's victims are unlikely to be made whole, noting that "customers, non-governmental creditors, governmental creditors, and non-insider stockholders have suffered and continue to suffer." Bankman-Fried's contention that FTX was solvent was contradicted by "back door" borrowing by Alameda Research, a sister trading firm, which meant customer account statements showing cryptocurrency holdings were "incorrect," Ray said. Only 105 bitcoins were left on the FTX exchange when Bankman-Fried was ousted, against user claims for nearly 100,000 bitcoins. "Why were the bitcoins missing? A jury has concluded beyond a reasonable doubt that Mr. Bankman-Fried stole them and converted them into other things," Ray wrote. "For that reason, they are not available to be returned in-kind to his victims." Anticipated recoveries are "in no way assured" and remain highly dependent on the "voluntary subordination" of over $ 9 billion in government fines, Ray said, as well as consensual settlements with U.S. agencies and victory in future legal battles. FTX's implosion last November sent shockwaves through the crypto industry, pushing Bitcoin below $ 16,000. At least $ 8 billion in customer deposits went missing in what authorities have called one of the biggest financial frauds in U.S. history. Once a fixture on magazine covers and conference stages, Bankman-Fried now faces up to 50 years in prison when he is sentenced by U.S. District Judge Lewis Kaplan on March 28. Attorneys for Bankman-Fried have argued he should receive a far lighter punishment. The sentencing comes just over a year after Ray, who previously oversaw the liquidation of Enron, took control of FTX in a last-ditch bid to stabilize the firm. Ray said his team's first move was invoking the bankruptcy court's automatic stay to halt a "disastrous collapse caused by Mr. Bankman-Fried's crimes" from engulfing the crypto ecosystem.
Cardano Price Outlook: Will it Reach $ 1 This Month, or Will a New Project Steal the Hype? ada The post Cardano Price Outlook: Will it Reach $ 1 This Month, or Will a New Project Steal the Hype? appeared first on Coinpedia Fintech News The prices of the cryptocurrencies have been ebbing and flowing like tides in the last few months. With bitcoin rallying, several cryptocurrencies have picked up, Cardano being one of them. Cardano has had an audacious performance lately. So much so that Cardano’s ADA is anticipated to reach $ 1 soon. But will ADA get there, or it’s just another hype? Let’s explore. Cardano’s Pennant Formation Cardano’s price reversed significantly from its late December high of $ 0.676. The correction led to a low of $ 0.447, but keen-eyed analysts recognized a classic continuation pattern: the pennant. This retreat, seemingly a pause in Cardano’s journey, hinted at potential upward momentum. In the last week, the crypto market witnessed a notable uptick triggered by Bitcoin’s rally. Cardano, like other altcoins, experienced a nearly 10% surge in the last 7 days. While Cardano seems to be commanding the bullish sentiment in the market, the $ 1 dream still seems to be far-fetched for the Cardano. The question for investors looking to invest in a project that could help them reap the most out of this market is: Is it the right time to buy Cardano? While timing Cardano’s movement and hoping for it to reach $ 1 seems momentarily unachievable. There is another project that has been stealing the whales’ attention lately – Bitgert Bitgert (BRISE): Zero-Cost Innovation Bitgert is known for its blockchain’s groundbreaking performance. It is a low-cost, high-speed blockchain designed to address the pain points of crypto users today. Bitgert has showcased its leaning for innovation on various fronts. Recently Bitgert ventured into the Electric Vehicle industry and made an audacious leap from its brand presence. Bitgert’s futuristic Q-BRISE marked them as a pioneering exchange delving into automotive innovation. Bitgert’s Impact on ADA Bitgert’s successful delivery of its roadmap directly impacted the value of its native token, BRISE. BRISE has surged by nearly 18 %, reflecting market enthusiasm and confidence in Bitgert’s bold moves. Analysts predict higher demand for the Bitgert Brise, potentially skyrocketing BRISE’s price. It seems like the zeros in Bitgert’s price may vanish soon
Reserve Bank of New Zealand's Adrian Orr Says Stablecoins Aren't Stable: Report Stablecoins are only as stable as their issuer’s balance sheet, New Zealand’s central banker said during a hearing. Fiat currency is the best kind of money because it is backed by the government, he continued. Stablecoins are an oxymoron, New Zealand central bank governor Adrian Orr said during a parliamentary heading, according to a report by Bloomberg. “Stablecoins are not stable. They’re only as good as the balance sheet of the person offering that stablecoin,” he is quoted as saying. Some stablecoins have had their peg tested because of concerns about their balance sheet or the health of the institutions that store their assets. TrueUSD (TUSD) was knocked off its peg and remains trading at under $ 1 because of concerns about its ability to redeem the issued stablecoins for fiat currency, CoinDesk reported in January. Last year, USDC fell to around 95 cents on the dollar when Circle announced that it had significant reserves stuck at the failed Silicon Valley Bank. The New Zealand dollar and similar fiat currencies are backed by parliamentary authority and upheld by an independent central bank to ensure low, stable inflation, Orr is quoted as saying. Meanwhile, there is a growing chorus of voices from both the Federal Reserve and academia to build systems to ensure stablecoin stability. In January, Cantor Fitzgerald CEO Howard Lutnick, whose firm manages a significant amount of Tether's assets, said during a Bloomberg TV interview that the stablecoin issuer “has the money.” “I manage many of their assets,” said Lutnick. “From what I’ve seen – and we did a lot of work – they have the money they say they have.”
Crypto Market Stagnant in the Last Days of the ‘Year of the Rabbit’ Bitcoin (BTC) traded flat, hovering over $ 42,000 early Monday, while the CoinDesk 20 Index {{CD20}} is down 0.75% at 1,643, according to CoinDesk Indices data, as nations in East Asia count down the last working days before the Lunar New Year holiday. Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac. (CoinDesk Indices) (CoinDesk Indices) Last year, CLSA, a Hong Kong-based brokerage firm, predicted in a January note that 2023 will see market fluctuations, attributing a calmer outlook to the Year of the Rabbit while advising investors to venture beyond their comfort zones cautiously. And indeed, the market “hopped" back from its dismal 2022 performance, with bitcoin having jumped nearly 94% over the last year, with ether (ETH) rising 47%. According to an analysis by CoinDesk Indices, the CoinDesk Market Index outperformed the S&P 500 fivefold, largely thanks to bitcoin’s outperformance. While ether underperformed throughout 2023, according to market data, Daniel Wang, the co-founder and CEO of Taiko, a zero-knowledge roll-up platform, sees potential for ether’s price performance in 2024 in this “auspicious year full of positive energy.” “The Year of the Dragon opens new doors for Ethereum, especially with the anticipated impact of ETFs,” he said in an interview with CoinDesk. “Ethereum is on track to achieve lower gas fees and faster transactions with the long-awaited Dencun upgrade.” Lucy Hu, a Senior Analyst at Metalpha, adds that bitcoin’s halving and taming inflation looks promising for prices. “Despite the crypto market currently experiencing a sell-the-news effect, the year of Dragon is on track to be one of the best performing as the inflation is now under control and the bitcoin halving event takes place later this year, which should boost the market confidence,” she wrote in a note. “We hope the fiery spirit of Dragon can lead the market to a new height that is never seen before.” Over on the traditional finance side, CLSA said in a recent report that they predict that equity markets in the city will roar back to life in the second half of the year. However, some market volatility is expected. “Traversing this market on the dragon’s back is anything but a smooth sailing experience,” CLSA analysts wrote. “Roller coasters are nailed to the earth, but the dragon is not.” CLSA also reminded readers to seek professional advice, not the guidance of the stars, before investing.
Crypto Market Analysis: Bitcoin, Ethereum, and Solana Price Prediction For This Week btc eth sol ada The post Crypto Market Analysis: Bitcoin, Ethereum, and Solana Price Prediction For This Week appeared first on Coinpedia Fintech News Analyst Crypto World has opened up about the current state of Bitcoin, Ethereum, and Solana. The analyst discussed the key technical indicators and potential scenarios for each cryptocurrency. Bitcoin Bitcoin’s price bounces between $ 37,900 and $ 38,500 from a crucial support level. The analyst pointed out a bearish divergence still present on the daily chart, as the Relative Strength Index (RSI) has not yet broken above a descending resistance line. However, the possibility of a bullish reversal is hinted at by the potential formation of a bullish cross in the daily MACD (Moving Average Convergence Divergence). While the bearish divergence is technically active, the analyst expressed neutrality in the short term. In the immediate short term, the 2-hour Bitcoin chart displayed a breakout above resistance levels between $ 41,700 and $ 42,200. The analyst expected support in this range and warned that a confirmed break below $ 41,700 could lead to a potential downturn toward $ 39,500. Ethereum The analyst observed that Ethereum Price is still under a bearish divergence on the daily chart. Despite this, the daily MACD indicated a reduction in bearish momentum, suggesting a more neutral outlook in the short term. On the 4-hour chart, the analyst identified a potential short-term bullish scenario, comparing the current price structure to a historical fractal. The possibility of a slight bullish relief or sideways consolidation was mentioned, with a watchful eye on potential outflows from Grayscale influencing the market. Solana The Solana price analysis focused on the 8-hour timeframe, where the price encountered resistance around $ 98 to $ 99. The analyst pointed out potential resistance levels at $ 102.50 and $ 108 to $ 109. A breakout above $ 99 and a rejection at $ 102 to $ 103 could lead to an inverse Head and Shoulders pattern, indicating a bullish trend reversal. Support levels were identified at $ 91 to $ 92 and $ 83.50 to $ 85.50.
NFT trading platform Tabi (formerly Treasureland) announces the launch of Tabi Chain, a blockchain game built on Cosmos with EVM compatibility.NFT Marketplace Tabi Launches Tabi Chain NFT marketplace Tabi launches Tabi Chain Announcement of the Launch of Tabi Chain In a recent announcement, Tabi revealed that Tabi Chain will launch a testnet in February of this year. The project is currently calling for developers to register and participate in its gaming ecosystem. Tabi is an NFT marketplace built on the BNB Chain ecosystem. In May 2023, Tabi successfully raised $ 11 million in funding from renowned funds such as Binance Labs, HashKey, Animoca Brands, and more. Tabi Chain, the gaming blockchain, will be built on Cosmos, a decentralized network of independent parallel blockchains. It will also support Ethereum Virtual Machine (EVM) compatibility, allowing developers to use familiar tools and programming languages from the Ethereum ecosystem. Additionally, Tabi Chain will introduce its native token, TABI, which will be utilized for transactions on the network. The trading platform attracts users through interactive farming activities, converting on-chain user activities into experience points, which can be used for future airdrop rewards. Related: GameStop Shut Down Its NFT Marketplace Platform Prominent Features of Tabi Chain Tabi Chain is anticipated to offer a variety of features appealing to both developers and gamers. Notably, it will support non-fungible tokens (NFTs), unique digital assets representing items within the game or real-world assets like art and music. The blockchain will emphasize scalability, enabling it to process a significant number of transactions per second. This scalability is crucial for gaming applications that require rapid and dependable transaction processing. In 2023, the GameFi market has experienced a relatively sluggish performance with few notable advancements. According to a study by Footprint, 73% of GameFi projects had fewer than 10 active players in October. However, the sector is leaning towards improvement and foundation-building, evident in the acceptance by traditional gaming giants like Square Enix and the issuance of the Sorare Law in France to regulate crypto gaming activities.
Hi everyone, am kinda new here and still finding my way around navigating the whole forum. 👌
What Impact Can AI Have on NFT and Crypto Marketing?YOUR This article explores how artificial intelligence is revolutionizing crypto and NFT marketing by enabling personalized and data-driven campaigns, and discusses the potential and challenges of integrating AI and big data in the web3 landscape. ——Generated by ChatGPTThe integration of AI in crypto marketing goes beyond traditional approaches. It’s about personalized marketing that resonates with each individual’s unique preferences and behaviors. This article delves into the transformative impact of artificial intelligence on crypto and NFT marketing, exploring how these technologies are reshaping the web3 landscape.•AI and big data in crypto marketing•How AI can revolutionize crypto and NFT marketing•Optimizing marketing campaigns with AI•Practical ways to incorporate AI into your marketing efforts•Addressing challenges and risks•The potential and promise of AI and big data in NFT marketing•Frequently asked questionsAI and big data in crypto marketingIn crypto and blockchain marketing, artificial intelligence is transforming strategy development. It’s not just about using ChatGPT to write marketing copy (although, of course, that’s happening too). AI and an increased focus on generating data-driven insights represent a major change in understanding and connecting with audiences.AI can help you craft highly personalized, efficient, and effective marketing campaigns. But it can’t do all the work! Here’s what you need to know.Data is key: successful marketers utilize blockchain analyticsBlockchain data analytics involves examining the vast troves of data generated by blockchain transactions. This analysis can provide valuable insights into market trends, user behaviors, and transaction patterns. Here’s the main difference between transaction analysis and wallet analytics:•Transaction analysis: Understanding the flow of digital assets can help in market prediction and user segmentation.•Wallet analytics: Analyzing wallet data can offer insights into user demographics and spending patterns, which is vital for targeted marketing.The influence of machine learning and predictive analyticsMachine learning algorithms and predictive analytics actively transform raw data into actionable insights. Predictive analytics tools analyze historical and real-time data, forecasting future trends in the cryptocurrency market. Hence, machine learning plays a pivotal role in sentiment analysis. By scrutinizing social media and news trends, you can gauge market sentiment, thus optimizing marketing campaigns.Moreover, machine learning excels in pattern recognition. It identifies patterns in trading and investment behaviors, which is essential for developing targeted marketing strategies and crafting personalized customer experiences.How AI can revolutionize crypto and NFT marketingBeInCryptoFollowQuiz95471.3%Completing a quiz can show that you have finished the articleMultiple-choice question1. How is artificial intelligence (AI) transforming strategy development in crypto and blockchain marketing?By analyzing blockchain transactionsBy focusing on personalized marketing campaignsBy generating data-driven insightsBy writing marketing copy using ChatGPTPrevNextComments 602Add a comment1 day ago41801 day ago135View all comments87748602Recommend to youTranslatedFootprint AnalyticsOn Pick5 mins · 4 hours ago · 1KPublic Chain Development Report 2023BeInCrypto3 mins · a few days ago · 743Insights to Plan the Perfect Event to Grow Your Crypto CommunityInfluenceYOUR BeInCryptoOn Pick6 mins · 2 days ago · 9.8KWho Is Brian Armstrong? A Deep Dive Into the Coinbase FounderBeInCryptoOn Pick1 min · 6 hours ago · 94GameStop Shutters NFT Market: Users Ditch Corporate Offerings and Shift to AffordabilityTranslatedChainFeeds SelectionOn Pick4 mins · 12 hours ago · 430PRO｜Measures for solving the lack of incentives for relaying, methods for realizing SSF single-slot finality https://audiences.ai/
What Impact Can AI Have on NFT and Crypto Marketing?YOUR This article explores how artificial intelligence is revolutionizing crypto and NFT marketing by enabling personalized and data-driven campaigns, and discusses the potential and challenges of integrating AI and big data in the web3 landscape. ——Generated by ChatGPTThe integration of AI in crypto marketing goes beyond traditional approaches. It’s about personalized marketing that resonates with each individual’s unique preferences and behaviors. This article delves into the transformative impact of artificial intelligence on crypto and NFT marketing, exploring how these technologies are reshaping the web3 landscape.•AI and big data in crypto marketing•How AI can revolutionize crypto and NFT marketing•Optimizing marketing campaigns with AI•Practical ways to incorporate AI into your marketing efforts•Addressing challenges and risks•The potential and promise of AI and big data in NFT marketing•Frequently asked questionsAI and big data in crypto marketingIn crypto and blockchain marketing, artificial intelligence is transforming strategy development. It’s not just about using ChatGPT to write marketing copy (although, of course, that’s happening too). AI and an increased focus on generating data-driven insights represent a major change in understanding and connecting with audiences.AI can help you craft highly personalized, efficient, and effective marketing campaigns. But it can’t do all the work! Here’s what you need to know.Data is key: successful marketers utilize blockchain analyticsBlockchain data analytics involves examining the vast troves of data generated by blockchain transactions. This analysis can provide valuable insights into market trends, user behaviors, and transaction patterns. Here’s the main difference between transaction analysis and wallet analytics:•Transaction analysis: Understanding the flow of digital assets can help in market prediction and user segmentation.•Wallet analytics: Analyzing wallet data can offer insights into user demographics and spending patterns, which is vital for targeted marketing.The influence of machine learning and predictive analyticsMachine learning algorithms and predictive analytics actively transform raw data into actionable insights. Predictive analytics tools analyze historical and real-time data, forecasting future trends in the cryptocurrency market. Hence, machine learning plays a pivotal role in sentiment analysis. By scrutinizing social media and news trends, you can gauge market sentiment, thus optimizing marketing campaigns.Moreover, machine learning excels in pattern recognition. It identifies patterns in trading and investment behaviors, which is essential for developing targeted marketing strategies and crafting personalized customer experiences.How AI can revolutionize crypto and NFT marketingBeInCryptoFollowQuiz95471.3%Completing a quiz can show that you have finished the articleMultiple-choice question1. How is artificial intelligence (AI) transforming strategy development in crypto and blockchain marketing?By analyzing blockchain transactionsBy focusing on personalized marketing campaignsBy generating data-driven insightsBy writing marketing copy using ChatGPTPrevNextComments 602Add a comment1 day ago41801 day ago135View all comments87748602Recommend to youTranslatedFootprint AnalyticsOn Pick5 mins · 4 hours ago · 1KPublic Chain Development Report 2023BeInCrypto3 mins · a few days ago · 743Insights to Plan the Perfect Event to Grow Your Crypto CommunityInfluenceYOUR BeInCryptoOn Pick6 mins · 2 days ago · 9.8KWho Is Brian Armstrong? A Deep Dive Into the Coinbase FounderBeInCryptoOn Pick1 min · 6 hours ago · 94GameStop Shutters NFT Market: Users Ditch Corporate Offerings and Shift to AffordabilityTranslatedChainFeeds SelectionOn Pick4 mins · 12 hours ago · 430PRO｜Measures for solving the lack of incentives for relaying, methods for realizing SSF single-slot finality https://audiences.ai/
Solana-Based Meme Coins See 80% Price Drop After December Frenzy A frenzied demand for meme coins issued on the Solana network seems to have fizzled in the past week as newer tokens fail to gather a meaningful community and prices of recent favorites continue to plunge. Dog-themed token bonk (BONK) – whose prices rallied more than 1,000% in a three-month period – is down over 70% from a December peak that saw the token listed on prominent exchanges. Dogwifhat, which gained stickiness among crypto holders with a picture of a dog wearing a hat, is down nearly 80% after generating hype for giving early holders a more than 10,000% return on their capital. Other lesser-known tokens popcat (POPCAT) and chipi (CHIPI), two cat-themed tokens are down more than 90% since lifetime peaks, although their communities still continue to hope for a revival. The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase. That seemingly kickstarted activity on the network, with prices of Solana's Saga phone flying to over $ 5,000 – despite being unable to sell out as recently as October – and SOL market capitalization quickly flipping other large tokens. Solana also became the strongest draw among on-chain traders, metrics from last week show, with trading volumes and network fees crossing those of Ethereum – usually the highest – on a seven-day rolling basis. Hype for the blockchain's speedy transactions, cheap fees, and a lottery of meme coin issuances seemingly jumpstarted the network since early December, pushing SOL token prices to nearly $ 120 from $ 38 at the start of November. Value locked on Solana applications grew in tandem, rising to $ 1.3 billion worth of tokens from the $ 400 million mark in November to reach levels previously seen in July 2022.
Solana-Based Meme Coins See 80% Price Drop After December Frenzy A frenzied demand for meme coins issued on the Solana network seems to have fizzled in the past week as newer tokens fail to gather a meaningful community and prices of recent favorites continue to plunge. Dog-themed token bonk (BONK) – whose prices rallied more than 1,000% in a three-month period – is down over 70% from a December peak that saw the token listed on prominent exchanges. Dogwifhat, which gained stickiness among crypto holders with a picture of a dog wearing a hat, is down nearly 80% after generating hype for giving early holders a more than 10,000% return on their capital. Other lesser-known tokens popcat (POPCAT) and chipi (CHIPI), two cat-themed tokens are down more than 90% since lifetime peaks, although their communities still continue to hope for a revival. The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase. That seemingly kickstarted activity on the network, with prices of Solana's Saga phone flying to over $ 5,000 – despite being unable to sell out as recently as October – and SOL market capitalization quickly flipping other large tokens. Solana also became the strongest draw among on-chain traders, metrics from last week show, with trading volumes and network fees crossing those of Ethereum – usually the highest – on a seven-day rolling basis. Hype for the blockchain's speedy transactions, cheap fees, and a lottery of meme coin issuances seemingly jumpstarted the network since early December, pushing SOL token prices to nearly $ 120 from $ 38 at the start of November. Value locked on Solana applications grew in tandem, rising to $ 1.3 billion worth of tokens from the $ 400 million mark in November to reach levels previously seen in July 2022.
Inside the rules that could revive Sunak’s UK crypto hub dreams in 2024 Prime Minister Rishi Sunak’s plans to mould the UK into a crypto centre rely on the outcome of several key dates in 2024. Next year, his government’s plans to provide clarity for crypto firms will encounter milestones — including deadlines to comply with marketing rules and for input on new stablecoin rules. Most importantly, 2024 will see the government kick off its phased plan to pull crypto issuers, exchanges, and other service providers into the same financial regulations that govern banks, following a consultation by His Majesty’s Treasury in 2023. “Regulatory wheels are already in motion, and next year we’ll see consultations and proposals materialise into credible operational frameworks,” Ripple policy director Andrew Whitworth said. “Secondary legislation will create proportionate guidance that will drive crypto asset and stablecoin adoption and utility,” he added. Sunak’s ambitions may also get a boost when the Financial Conduct Authority, the Bank of England and the Treasury launch their second digital sandbox that will trial new ways to handle digital securities. The outcomes of what the regulatory wheels churn out are crucial to determine the prime minister’s ability to fulfil a 2022 pledge “to make the UK a global hub for crypto asset technology,” made when he was finance minister. So what are the key dates for regulation in the UK in 2024? HM Treasury proposal In 2024, industry observers expect to see the government’s historic roll-out of its finalised rules for the crypto industry, plus rules for stablecoins. These rules will bring key activities — including crypto issuance, exchange, investment, custody, and lending — under the Financial Services and Markets Act, the same legal framework that covers investment banking and insurance. “In 2024, we’ll see defined regulation take shape, protecting the millions of investors that actively participate in the digital asset market, as well as an influx of the crypto-curious who have been hesitant to engage due to regulatory uncertainty,” Richard Mico, CEO and global head of legal, risk, and compliance at crypto infrastructure provider Banxa, told DL News. The government’s phased approach tackles stablecoin legislation first, with the FCA slated to take over oversight of issuance and custody.
Will This New Memecoin Out-Bonk $BONK with a 100x? Will This New Memecoin Out-Bonk $BONK with a 100x? The post Will This New Memecoin Out-Bonk $BONK with a 100x? appeared first on Coinpedia Fintech News The crypto industry is super young, and its fun side, meme coins, count even fewer years. $DOGE first appeared in 2013, and $SHIB, its main rival, entered the market in 2020. In such a short life span, the industry welcomed hundreds of new creative projects. Some, like Bonk, continued their dog-themed legacy, while others, like Galaxy Fox ($GFOX), chose a new, unique appearance and revolutionized the industry with many different aspects. Today, $BONK is at the center of attention, taking the spot of the third largest meme coin. However, $GFOX brings equally successful gains, and many have started to believe that with that pace, Galaxy Fox will soon be among the best meme coins to buy. What drives these projections? Let’s explore. Galaxy Fox on Its Way to Outperform the Best Meme Coins Galaxy Fox represents the next evolution of meme coins, integrating elements of gaming, DeFi, and NFTs into its structure. Although it’s just beginning, Galaxy Fox has quickly caught the crypto community’s attention, raising over $ 1.5 million and delivering more than 120% profits to its initial investors. The fundamental of Galaxy Fox is its play-to-earn, NFT-based runner game. Players interact using their digital fox avatars, with weekly competitions and opportunities for NFT minting and staking complementing the gaming experience. The project also adopts a deflationary approach, facilitating token burns together with a transaction tax that supports a staking pool, liquidity pool, and treasury. Still in its presale phase, $GFOX has already generated remarkable anticipation. The token’s early investors have enjoyed a substantial 120% ROI, and the project’s upcoming full launch promises further growth. All these together make $GFOX one of the best meme coins to buy for many, and if you wish to be one of the early gainers, too, join the presale of this exciting new ICO crypto – the earlier you enter, the bigger the gains you secure for yourself. Bonk Starts to Step Back $BONK, Solana’s first dog-themed crypto, was launched to revitalize liquidity in Solana-based decentralized exchanges. Since its debut on December 25, 2022, $BONK grew massively, especially in late 2023. Bonk even overtook $PEPE and became the third-largest meme coin by market cap. However, $BONK has also become a prime example of the market’s tendency towards FOMO and overvaluation. In just three days, its price dropped by 40%, and many even doubt its recovery. Analysts have started to think that the recent spike in $BONK’s value is more a result of Solana’s growing popularity and adoption rather than its achievements. This means that $BONK’s future may be heavily influenced by $SOL and market perception rather than by its individual characteristics. While Solana is one of the best altcoins, it still has a long history of sharp declines, and having such a huge effect on $BONK does not look very promising for meme coin investors. trading view chart Final Remarks Meme coins are usually very volatile. Many, like Bonk, experience brief hype and then face sharp declines. But these consequences could be avoided by focusing on coins with genuine value, a clear roadmap, robust tokenomics, and a credible team.
Will This New Memecoin Out-Bonk $BONK with a 100x? Will This New Memecoin Out-Bonk $BONK with a 100x? The post Will This New Memecoin Out-Bonk $BONK with a 100x? appeared first on Coinpedia Fintech News The crypto industry is super young, and its fun side, meme coins, count even fewer years. $DOGE first appeared in 2013, and $SHIB, its main rival, entered the market in 2020. In such a short life span, the industry welcomed hundreds of new creative projects. Some, like Bonk, continued their dog-themed legacy, while others, like Galaxy Fox ($GFOX), chose a new, unique appearance and revolutionized the industry with many different aspects. Today, $BONK is at the center of attention, taking the spot of the third largest meme coin. However, $GFOX brings equally successful gains, and many have started to believe that with that pace, Galaxy Fox will soon be among the best meme coins to buy. What drives these projections? Let’s explore. Galaxy Fox on Its Way to Outperform the Best Meme Coins Galaxy Fox represents the next evolution of meme coins, integrating elements of gaming, DeFi, and NFTs into its structure. Although it’s just beginning, Galaxy Fox has quickly caught the crypto community’s attention, raising over $ 1.5 million and delivering more than 120% profits to its initial investors. The fundamental of Galaxy Fox is its play-to-earn, NFT-based runner game. Players interact using their digital fox avatars, with weekly competitions and opportunities for NFT minting and staking complementing the gaming experience. The project also adopts a deflationary approach, facilitating token burns together with a transaction tax that supports a staking pool, liquidity pool, and treasury. Still in its presale phase, $GFOX has already generated remarkable anticipation. The token’s early investors have enjoyed a substantial 120% ROI, and the project’s upcoming full launch promises further growth. All these together make $GFOX one of the best meme coins to buy for many, and if you wish to be one of the early gainers, too, join the presale of this exciting new ICO crypto – the earlier you enter, the bigger the gains you secure for yourself. Bonk Starts to Step Back $BONK, Solana’s first dog-themed crypto, was launched to revitalize liquidity in Solana-based decentralized exchanges. Since its debut on December 25, 2022, $BONK grew massively, especially in late 2023. Bonk even overtook $PEPE and became the third-largest meme coin by market cap. However, $BONK has also become a prime example of the market’s tendency towards FOMO and overvaluation. In just three days, its price dropped by 40%, and many even doubt its recovery. Analysts have started to think that the recent spike in $BONK’s value is more a result of Solana’s growing popularity and adoption rather than its achievements. This means that $BONK’s future may be heavily influenced by $SOL and market perception rather than by its individual characteristics. While Solana is one of the best altcoins, it still has a long history of sharp declines, and having such a huge effect on $BONK does not look very promising for meme coin investors. trading view chart Final Remarks Meme coins are usually very volatile. Many, like Bonk, experience brief hype and then face sharp declines. But these consequences could be avoided by focusing on coins with genuine value, a clear roadmap, robust tokenomics, and a credible team.