Author: coinadrenaline

19 September 2024 The EEA today released version 1 of its new DLT Interoperability Specification. About the specification This specification provides a standard framework to enable interactions across different blockchains and distributed ledgers. Using this standard reduces development time and the likelihood of errors by providing software teams with a well-known set of interfaces, rather than having to build a bespoke solution for each pair of networks a developer wants to connect. The specification was developed by the EEA’s Crosschain Interoperability Working Group. This Working Group grew out of earlier work on interoperability, when in 2019 EEA members recognised that…

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  An analyst stressed that HYPE could fall to $13 as it breached a symmetrical price action pattern. Intraday traders are over-leveraged at $21.17 on the lower side and $22.79 on the upper side. With a notable price drop in the past 24 hours, Hyperliquid [HYPE] tops the loser list and has now reached a crucial level. This decline in HYPE appears to have shifted overall market sentiment to the bearish side due to the formation of bearish price action. HYPE’s technical analysis and price action  According to AMBCrypto’s technical analysis, HYPE has recently broken down from a symmetrical price action…

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Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. […]

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We are excited to announce the return of the Devcon Scholars Program for Devcon Southeast Asia! Bringing together builders from diverse geographies and disciplines, the Devcon Scholars Program offers more than just a scholarship to attend Devcon – it aims to build a community focused on co-learning and co-creation, to bridge Ethereum with other worlds and to push Ethereum’s boundaries. This year, we are looking to welcome up to 100 Scholars divided across four categories: (1) Ethereum Community Organizers, (2) Law Students & Legal Professionals, (3) Artists & Sci-fi Writers, and (4) Other Builders. Applications are now open, until Sunday,…

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Este artículo también está disponible en español. Robert Kiyosaki, a popular author and Bitcoin supporter, is back in the headlines after claiming that Bitcoin can hit $13 million. The author of “Rich Dad Poor Dad” made his prediction after Strategy’s Michael Saylor’s podcast interview last November made the rounds online. Related Reading In a podcast last November, podcaster Patrick Bet-David offered a hypothetical question on price action and market cap for Bitcoin. He said that if adoption increases from 0.1% to 7%, reflecting a 700x price surge, can Bitcoin also hit $13 million from its current $90k pricing? Saylor agreed…

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Steven Pu, co-founder of layer-1 blockchain Taraxa, released a report on Feb. 24 highlighting a significant gap between claimed and actual blockchain performance. Analyzing 22 networks using data from Chainspect, the study found that theoretical transactions per second (TPS) are overstated by an average of 20 times compared to real-world results. According to the findings, this discrepancy stems from lab-based metrics that fail to hold up on live mainnets. The report introduces a new metric: TPS per dollar spent on a validator node (TPS/$), aiming to measure cost-efficiency rather than just raw speed. Across the 22 chains, theoretical TPS averaged…

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Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding. According to a new post on Binance Square, 98.48% of Zhao’s crypto portfolio is in BNB, the native asset of Binance. His portfolio also consists of 1.32% Bitcoin (BTC) as well as two stablecoins, 0.17% EURI and 0.03% USDT. Zhao revealed his portfolio using Binance Square’s new feature that allows users to share their trading portfolio. “Binance Square is enhancing transparency with its latest feature, Trader Profile, enabling users to publicly share their crypto portfolio allocation. Binance…

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A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. It […]

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XRP is currently trading between $2.42 and $2.44, with a market capitalization of $141 billion and a 24-hour trade volume of $4.29 billion, fluctuating within an intraday range of $2.42 to $2.59. XRP XRP’s one-hour chart reflects short-term bearish momentum, with the digital asset forming lower lows and struggling to break above resistance at $2.5. […]

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