The dYdX Foundation has launched the dYdX Chain mainnet, a significant development that enhances the utility of the DYDX token in the realms of staking, security, and governance. This proof-of-stake network, built using the Cosmos SDK, positions DYDX as its Layer 1 token, further cementing its role in the dYdX Chain. According to information shared …
Monthly archives: October 2023
Lido DAO raise concerns over LayerZero unapproved wstETH bridge on Avalanche, BN, Scroll
Lido DAO has distanced itself from LayerZero’s rollout of a wstETH bridge on Avalanche (AVAX), BNB, and Scroll. In an Oct. 26 statement, the staking protocol said the bridge was “not canonical and has not been audited or endorsed by the Lido DAO.” “Please exercise extreme caution if you choose to interact with the bridge,” …
Personal spending beats consensus, US inflation remains steady
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Crypto dot com records highest Bitcoin inflow since FTX collapse
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Creator-centric platform Access Labs raises $1.2M to expand Solana-based monetization ecosystem
Creator and media monetization protocol Access Labs has procured $1.2 million in Seed funding from prominent investors such as Sora Ventures, DV Ventures, CMS Holdings, and DoublePeak, paving the way for an innovative monetization method within the crypto space. The Access Labs model enables users to lock the native ACS token in a creator’s pool …
Crypto Analyst Issues Altcoin Alert, Warns Alts Could ‘Fizzle Out’ if Bitcoin (BTC) Does This
A widely followed crypto analyst is issuing a warning that altcoins may fizzle out if Bitcoin (BTC) continues its upward momentum. Crypto strategist Credible Crypto tells his 348,400 followers on the social media platform X that altcoin pumps are going to peter out if the king crypto can continue climbing, though he did not name …
Seeing a ‘Ton of Signs’, Top Crypto Analyst Predicts a Mini Altcoin Season – Here’s the Timeline
An analyst who nailed the top of Bitcoin’s (BTC) 2021 bull market thinks that altcoins are setting the stage for an explosive rally. Pseudonymous analyst Pentoshi tells his 705,600 followers on the social media platform X that some alts could soar for as long as six weeks. “I do think we get a mini alt …
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages. News Join us on social networks Defense attorneys representing Sam “SBF” Bankman-Fried questioned the former FTX CEO before a jury for the first time as they …
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dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
dYdX completes the launch of its layer-1 proof-of-stake blockchain with the creation of its genesis block by chain validators. News Join us on social networks Decentralized cryptocurrency exchange dYdX has launched its layer-1 blockchain with the creation of its genesis block, which will operate using native DYDX tokens. The dYdX Chain is set to distribute …
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How major German firms like Mercedes and Lufthansa are using NFTs
German brands embrace NFTs, exploring new ways to engage with customers and build brand loyalty. Overview Join us on social networks For the most part, nonfungible tokens (NFTs) have two primary use cases: Buying and selling digital products (digital art, virtual fashion items) and building digital communities (exclusive memberships, access to events). These use cases …
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Elon Musk’s X aims to revolutionize finance as a central hub
Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. News Join us on social networks Elon Musk-owned X (formerly Twitter) aims to position itself as a central financial hub, encouraging individuals to consider using it as their …
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Mastering Business Data Verification: Unlocking the Pros of a Data-Driven World
In today’s digital landscape, where data rules supreme, the accuracy and authenticity of your business data are paramount. Introduction In today’s digital landscape, where data rules supreme, the accuracy and authenticity of business data are paramount. Organizations rely on trustworthy data to make informed decisions, target the right audience, and ensure compliance with regulations. This …
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Solana on Cusp of Breakout, Says Analyst Who Accurately Called 2022 Bitcoin Bottom – But There’s a Catch
A top crypto trader says that Ethereum (ETH) competitor Solana (SOL) is setting the stage for a breakout after an initial rally. Pseudonymous analyst DonAlt tells his 53,900 YouTube subscribers that SOL appears likely to break through a key resistance level. However, he says SOL’s move to the upside is likely contingent on Bitcoin (BTC) holding …
Turkey plans to craft crypto framework in 2024
Crypto asset providers, such as crypto exchanges, will also be given a legal definition. News Join us on social networks The 2024 Turkish Presidential Annual Program, published on Oct. 25 in the Official Gazette of the Republic of Turkey, aims to finalize crypto regulations in the country within the calendar year of 2024. Article 400.5 …
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ChatGPT creator OpenAI builds new team to check AI risks
ChatGPT creator OpenAI is taking seriously the full spectrum of safety risks related to AI and launching its “Preparedness” team as planned. News Join us on social networks OpenAI, the artificial intelligence (AI) research and deployment firm behind ChatGPT, is launching a new initiative to assess a broad range of AI-related risks. OpenAI is building …
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