China’s government recently made a significant announcement regarding a pioneering initiative spearheaded by Conflux Network. The initiative, known as the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” marks a pivotal moment in China’s utilization of blockchain technology to facilitate secure cross-border transactions. The main objective of this project is to establish
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Bitcoin’s price took a sharp nosedive, plummeting below $69,000 in a flash crash that left a trail of destruction in the crypto market. While there has been a slight recovery since then, the damage has already been done. Thousands of traders found themselves on the wrong side of the trade as leverage positions were liquidated,
Degen Chain, a layer-3 blockchain built on top of the Base network, has recently caught the attention of both investors and traders due to its rapidly increasing transaction volumes, nearly hitting $100 million in just 24 hours. The network, which only started operating four days ago, has already processed over 272,000 unique transactions. Despite these
Tinkoff Bank, one of the major players in the Russian banking sector, has recently obtained a license to issue and sell “digital financial assets” (DFAs) in the country. This move comes in the wake of its main competitor, Sberbank, launching its own DFA trading platform. The Central Bank of Russia officially approved Tinkoff Bank as
Litecoin has seen a significant increase in price, rising over 10% and currently trading above $105 against the US Dollar. This upward trend suggests that LTC may have the potential to continue its climb towards the $120 resistance level in the near future. One key indicator of this positive movement is the fact that Litecoin
The Ethereum price has been showing positive signs above the $3,550 zone, indicating potential bullish momentum if it can surpass the $3,650 resistance level in the near future. The recent increase from the $3,500 support zone has sparked some optimism in the market, but there are still key resistance levels that need to be overcome
Bitcoin price has been consolidating above the $70,000 resistance zone, indicating a potential range-bound movement in the near future. Despite trading above $70,500 and the 100 hourly Simple moving average, BTC is struggling to gain momentum above the $71,500 resistance level. A short-term rising channel has formed with support at $70,750 on the hourly chart
Vitalik Buterin, the Ethereum co-founder, recently made headlines in the South Korean tech hub city of Pangyo over the weekend. His visit to South Korea was to attend various events, including an Ethereum-related conference. Buterin was seen walking the streets of Pangyo, a tech-focused town in Seongnam, Gyeonggi Province, and even working on his laptop
As the field of artificial intelligence continues to progress rapidly, concerns surrounding security and privacy have come to the forefront. One of the main issues highlighted by experts is the lack of transparency and openness in AI models. While some vendors claim to have open models by providing access to certain aspects such as the
The Bitcoin market has been buzzing with excitement as the price of the cryptocurrency hovers around the $70,000 mark. One of the key drivers behind this surge is the accumulation by large whales – entities holding substantial amounts of Bitcoin that have the power to influence market movements. However, recent on-chain data has shed light