Crypto News Updates

Honestly, I don't know how I've lived without it. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/uAjLmQp

Polymarket surpasses $1 billion in trading, driven by US election betting surge. Trump leads with 57% odds; Harris’s odds rise to 40% after Biden’s withdrawal. Series B funding of $70 million and MoonPay partnership boost Polymarket’s platform growth. Polymarket, a leading crypto betting platform, has achieved a significant milestone, surpassing $1 billion in trading volume. This surge has been largely driven by intense speculation surrounding the upcoming United States presidential election. Donald Trump leading with 57% odds According to Dune Analytics , Polymarket’s bet trading volume reached $1,051,670,878 million by July 31, a substantial increase from $111 million in June and $63 million in May. The majority of this activity has been fueled by wagers on the US presidential election set for November 4, with over $458 million bet on the outcome so far. Currently, former President Donald Trump holds a strong lead with 57% odds, while Vice President Kamala Harris has seen ...

GMX proposes switching revenue distribution from ETH to GMX token buybacks. On-chain voting for the proposal is open until August 4 for the GMX DAO community. The new model aims to boost GMX token value and maintain user real-yield benefits. GMX, a prominent on-chain perpetual and spot exchange, has initiated an on-chain vote for a significant proposal aimed at revamping its revenue distribution model. Announced on July 29, the proposal dubbed “Buyback GMX and Distribute GMX” seeks to enhance the long-term value of the GMX token by shifting from the current “buyback ETH and distribute ETH” model to a “buyback GMX and distribute GMX” approach. Proposal passes snapshot vote enters on-chain vote stage The proposal has successfully passed the initial snapshot vote and has now moved to the on-chain voting phase. The 'Buyback GMX and Distribute GMX' proposal, which would change the current revenue distribution model, has passed a Snapshot vote. It now moves on to an on-ch...

Shoppers say it cleans just like Dawn! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/xki1MuP

Apple nachos, anyone? READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/jAbugXm

Get it for nearly half off. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/QP195Ui

Bybit planning a livestream to explore Web3 innovations and AI integration. Key speakers from Solana, Bybit, TON, and others will discuss blockchain advancements. Participants can win up to $500 in crypto and additional rewards by sharing the event. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is set to host an exciting livestream titled “Blinks, AI, Ignition: Bridging Web3 and Web2” on July 31, 2024, at 10 AM UTC. This event aims to explore cutting-edge crypto innovations and the integration of blockchain applications into traditional digital environments like Facebook and Twitter. The hour-long session streamed via Bybit’s platform, will spotlight developments in social ecosystems and artificial intelligence, showcasing how these technologies can enhance productivity and ownership for content creators and small businesses globally. A key highlight will be the discussion on unlocking liquidity using BTC as collateral through the innovative FBTC’...

Get it while it's on sale! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/3lyYP8E

Blackjack ($JACK) is a new Solana meme coin that merges crypto and meme culture. $JACK will launch via an 85% fair launch on July 31, 2024. The meme coin will list on Raydium. The cryptocurrency market continues to garner mainstream attention and no sector of the industry is churning hype as does the meme coins space. Joining this buzzing ecosystem is Blackjack ($JACK) , a new cat-themed meme coin set to launch on July 31. In this market, top feline players include the Popcat, the cat that keeps popping as it breaks higher. But looking to establish a new order is Blackjack. Here’s what to know about $JACK and what makes his upcoming launch on Solana one of the most highly-anticipated meme coin launches. Blackjack ($JACK): The gambling degenerate Blackjack ($JACK) is not your typical cat. Other than with nine lives, $JACK comes straight from ‘City of Second Chances’ ready to play at any table. $JACK knows that sometimes the only way out is to go all in, and that counting wins a...

It’s bound to become an instant classic. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/BHtgM38

Bitcoin price touched the $70,000 price level for the first time since June 12, reaching highs of $70,016 on Bitstamp. The rebound to above the $70k level has bulls eyeing a new upward push that could take Bitcoin beyond its all-time high above $73k reached in March. What are analysts saying about Bitcoin price? While BTC targets strengthening above the psychological level, a crypto analyst at CryptoQuant warns that miners are likely to see further outflows and contribute to new sell-off pressure for BTC. According to XBTManager, miners have moved BTC from their wallets at recent price levels. The previous support level for the miner capitulation was around $53k. Miners continue their calm before the storm “After a support level of $53,000, miner outflow continues to rise. #Bitcoin has been observed leaving miner wallets at the current price level, which could create potential selling pressure.” – By @XBTManager Full post 👇… pic.twitter.com/cZu2eLSUYp — CryptoQuant.com (@cr...

Jito Foundation has launched an open-source restaking service for Solana, allowing any asset to be used for economic security. Restaking is set to enhance Solana’s DeFi ecosystem and expand security functionality. The Jito Foundation has made a significant advancement in Solana ’s blockchain capabilities by releasing the code for its staking and restaking program. This development is an important step for the Solana network , introducing its first-ever restaking service and expanding the economic security options for on-chain applications. The Restaking Revolution Restaking is a process where blockchain networks utilize the value of other staked assets as collateral, ensuring honesty and security across the network. Jito’s open-source code allows protocols on Solana to set up mechanisms that provide economic security for actively validated services (AVSs) using any crypto asset, a notable difference from EigenLayer’s Ethereum-based model, which limits collateral to ETH, ETH deriv...

Bitcoin Cash (BCH) rose more than 14% in 24 hours to trade above $450, its highest level since mid-June. BCH gained as Bitcoin (BTC) moved to within reach of $70,000 following a 3% rise in 24 hours. The benchmark digital asset traded around $69,503 at the time of writing on July 29, slightly off its intraday highs above $69,800 reached during the Asian trading hours. BCH price: Are Bitcoin Cash bulls back? Bitcoin Cash, like Bitcoin, has in the past few weeks navigated a tough terrain in terms of sell-off pressure related to potential Mt. Gox selling . However, Bitcoin remains above $60k with a good chunk of the staggering $9 billion worth of BTC that the defunct crypto exchange announced would be going to customers. This resilience has also shown with Bitcoin Cash, which continues to ride positive sentiment as Mt. Gox customers choose to hodl rather than sell. Crypto is also upbeat after last week’s Bitcoin 2024 conference that saw former US president Donald Trump make major ...

The world’s most decorated olympian deserves a gold medal for her new kitchen. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/bQEeu1V

Casper Network said it halted the network after discovering a significant security breach The team has identified the threat and contained it, Casper Network said in an update. Casper Association, Casper Labs and validators/community are collaborating to patch the vulnerability. Casper Network has halted its network operations following a security breach, the smart contracts blockchain platform announced via X. In the statement targeted at Casper Network users and the broader crypto community, the Casper team noted that it had worked with validators to halt operations and mitigate the potential impact of the breach. “We discovered a significant security breach on the Casper Network. In order to minimize the effects of this security breach, we have worked with the validators to halt the network until this security breach has been patched,” reads part of the announcement. Issue contained The temporary network pause will remain in place until the security team patches the vulner...

Key takeaways BTC has recovered from its recent poor performance and is now targeting the $68k level.  The Poodlana presale has surpassed $3m after raising more than $500k in four days. BTC approaches $68k The cryptocurrency market has had a rollercoaster week. Bitcoin underperformed earlier this week, hitting the $63k level due to the Mt.Gox BTC and BCH dump in the market. However, the market began to recover later on and Bitcoin is now approaching the $68k level. At press time, the price of Bitcoin stands at $67,538, up by 1% in the last seven days. If the bullish momentum is built upon, BTC could be heading towards the $69k resistance level in the coming days.  What is Poodlana? The cryptocurrency market is slowly recovering following its recent bearish run. The bearish run didn’t stop investors from pushing funds into new and promising projects. One of the projects in this category is Poodlana .  Poodlana is a Solana-based meme coin focused on introducing...

Lufina, renowned for revolutionizing real estate investment through tokenization, proudly announces the launch of ClickCity, an avant-garde tap-to-earn game, to celebrate the FINA token’s initial exchange listings. Introducing ClickCity ClickCity combines gaming with real estate investment, offering players the chance to earn $FINA tokens by completing tasks and laying digital bricks. The more you play, the more you earn, with a guaranteed first-place prize exceeding $125,000 USD. This gamified approach not only makes real estate investing fun but also introduces a broader audience to the benefits of tokenization. Key Features of ClickCity: Rewarding Gameplay : Players tap their screens to collect Bricks, the in-game currency, which will be converted into actual prizes for the best 1,500 players, who are to share over $1M USD worth of $FINA at the end of the season. Freemium Gameplay : Users can start playing with no entry barriers, with fair gameplay mechanics that reward activ...

Hong Kong, HK, July 26th, 2024, Chainwire 2024 started with explosive growth in games like  Hamster Kombat , breaking Guiness world record milestones, and Catizen, establishing itself as one of the fastest growing crypto gaming communities . After an explicit call from Telegram CEO Pavel Durov for a canine complement, it was only a matter of time that a dog-inspired game would emerge at the forefront. Dogizen has announced itself as a competitor to the likes of both Hamster Kombat and Catizen for the almost 1 billion Telegram users’ valuable attention. Hamster Kombat inspired game mechanics While deriving inspiration from Catizen and the opportunity presented in that space, the Dogizen project seeks to focus on tap-to-earn gaming and utilize that as a springboard from which to further develop in the Telegram gaming space. Hamster Kombat has set the precedent for the casual gaming and idle earning space and is expected to be a great opportunity for investors and traders to “t...

See our top stainless steel picks. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/4JG5lUm

Meme coins have accumulated over $50 billion in assets.  The most popular tokens are the likes of Dogecoin, Shiba Inu, and Dogwifhat.  Poodlana aims to be the next big thing in the meme coin industry. Turns out, the easiest way of becoming a millionaire recently has not been investing in private equity or stocks. Instead, many people have turned a few thousands of dollars into millions by investing in meme coins like  Pepe , Dogwifhat (WIF), and Bonk.  Meme coins have soared Data by  CoinGecko shows that meme coins have a combined market cap of over $50 billion, making them bigger than some well-known companies like VICI Properties, Archer Daniels Midland, Lululemon, and Rockwell Automation. Traditional meme coins like Dogecoin and Shiba Inu lead the market cap ranking followed by newer brands like Pepe, Bonk, Brett, Popcat, Cat in a dogs world, and Mog Coin.  Pepe has a market cap of over $4.7 billion while WIF has a valuation of over $2.3 ...

So pretty! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/GhHF0ms

This is so clever! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/agwoANY

It's stylish, too! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/XA1NE3G

Stash it in your pantry for when guests come over. It’s great to have on hand. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/zY5gD0Z

Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia testnet. The Base network is centralised as only the operator can propose the network’s state to the Ethereum mainnet. Fault proofs will enable anyone to propose Base’s state, and begin its transition into a decentralised rollup. on July 23rd 2024, the Base network operator announced the deployment of fault proofs to the Base Sepolia testnet, a staging environment for running and testing applications and code before deploying on the mainnet. According to Base’s social media post on Mirror , a Web3 social media platform, “the launch paves the way for bringing fault proofs to securely to mainnet, and completing other milestones to reach Stage 1 Decentralisation”. Fault proofs will allow anyone to propose the root state of Base. This technical term describes submitting a summary of the Base chain, including smart contracts, account balances, and other relevan...

It’s like an ice cream soda, but better! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/CRlpSc9

Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire   Sui joins an exclusive list of AWS-integrated blockchains Sui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution.  Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes within the AWS environment, benefitting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage, and monitor secure blockchain nodes. As of today, Navi, a leading liquidity protocol, will be engaged as a Node Runner user to deploy full nodes on Sui.  Kathryn Van Nuys, Global Head of Startups in Specialized Segments a...

Summer grilling just got better. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/9es4rGO

dYdX v3 compromised by a DNS attack; 2 smart contracts compromised. Exchange discussing the sale of its derivatives arm to Wintermute and Selini. Founder Antonio Juliano stepped down; Ivo Crnkovic-Rubsamen now leads the company. dYdX, a prominent decentralized exchange, is grappling with a significant security breach involving its v3 protocol. On July 23, it was reported that an attacker had compromised the official website for dYdX v3 by installing a token-draining program, which could potentially siphon off users’ funds. The compromised site displayed error messages similar to those used in previous phishing scams, attempting to trick users into revealing their wallet information. What we know so far about the dYdX hack The exchange’s team promptly issued a warning on social media, advising users not to visit the affected site or click any links associated with it until further notice. Fortunately, the protocol’s v4 version, which operates on the Cosmos blockchain, remains...

It’s on sale! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/EB1jCGz

Calling all feta lovers. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/sOb9Qp8

The withdrawal of Joe Biden has caused some market volatility with $113M worth of traded liquidated. Investors are flocking to Poodlana (POODL) presale, which has so far raised over $1.92M. Poodlana (POODL) plans DEX listing within 60 minutes of exchange listing. The unexpected withdrawal of US President Joe Biden from the 2024 presidential race has led to a significant crypto market volatility. Within 30 minutes of the announcement, $67 million in leveraged long positions were liquidated. However, amidst this chaos, Poodlana , a new entrant in the meme coin market, has captured investor attention with its high-fashion branding and successful presale, raising nearly $2 million. Market chaos following Joe Biden’s withdrawal Joe Biden’s sudden exit from the 2024 presidential race sent shockwaves through the cryptocurrency market. Between 5:30 pm and 6:00 pm UTC on July 21, the market saw $67 million worth of leveraged long positions liquidated, triggered by a 2.3% drop in Bitcoi...

Hong Kong, Hong Kong, July 21st, 2024, Chainwire SoMon , a decentralized Web3 forum with a vision to create a space for user-owned content and connections, recently launched its app on Base and has already gained more than 300,000 on-chain transactions in 14 days since its launch, making it the most active and fastest-growing social app in the Web3 space. SoMon, short for Social Monster, allows users to monetize and create communities (Tribes) around their favorite topics, passions, creators, and fandoms. It is the first app built on OpenSocial Protocol , a composable infrastructure layer for building social applications, and also the first Web3 social app that is truly gasless, allowing it to lower the barrier of entry and onboard users beyond the crypto community. Having launched its mobile app on 19 June 2024, around a month ago, it has garnered over 30,000 on-chain registrations in just two weeks. Today, the community is growing rapidly, with over 2 million social engagements am...

Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800 on Sunday while most altcoins rose slightly. The market cap of all digital tokens remained at $2.6 trillion. This article will look at three cryptocurrencies like Poodlana, Mother Iggy, and Cat in a Dogs World. Poodlana prediction Poodlana , an upcoming Solana meme coin, has continued thriving in its token sale. The developers have raised over $1.9 million in less than two weeks, making it one of the fastest-growing token sales in the industry.  Poodlana aims to be a better and bigger version of a dog-themed token than popular tokens like Shiba Inu and Dogecoin. It is based on Poodle, a popular Japanese dog breed. The developers have selected  Solana , which has become the most popular blockchain for meme coin creators. They love it because it is a significantly faster network and that its transaction costs are lower than other blockchains. P...

No. 4 is unexpected but totally inspiring. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/pglzXao

They'll forever change how you cook steak. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/LSlxPXB

Such a great deal! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/r59GBLf

I was shocked by the results. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/kK3oInA

They taste just like cheesy eggs, except without any cheese! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/1HEJzfA

Kitchen clutter be gone! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/2DT8GvR

Recent advancements in smart contract technology include enhanced automation and expanded use cases. Experts highlight their potential while cautioning about cybersecurity and regulatory challenges. Smart contracts, the self-executing agreements with the terms of the contract directly written into code, are revolutionising various industries by automating processes and reducing the need for intermediaries. These digital contracts, primarily built on the Ethereum blockchain, offer the promise of increased efficiency and transparency. Latest Advancements and Use Cases The integration of advanced automation tools into smart contracts is one of the most significant recent advancements. The Ava Protocol’s mainnet launch on Ethereum exemplifies this trend, enabling developers to incorporate enhanced transaction automation, privacy, and cost-efficiency into their decentralised applications (DApps). This protocol’s ability to trigger autonomous “super-transactions” based on predefined ...

I’m a novice DIYer, and this project was a total breeze. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/xgjoJdN

The thing that finally put an end to my “Aldi quarter” stress. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/KXkzaNc

You won’t believe the options. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/y2JTN6P

Hurry — before it sells out! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/MlqCiPN

Crypto fund issuer Valour today announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR. This groundbreaking ETP will be available on Sweden’s Spotlight Stock Market, offering retail and institutional investors the opportunity to gain exposure to the decentralized application development platform. NEAR ETP joins Valour’s diverse portfolio of ETPs Valour already operates one of the largest Solana ETPs, Valour Solana, and offers a suite of staking products, including ETPs for Bitcoin, Ether, and Internet Computer. Valour’s head of product, Elaine Buehler, emphasized the significance of this new fund, highlighting its potential to grant investors access to an asset renowned for its transformative impact on decentralized finance (DeFi) and non-fungible tokens (NFTs). Near Protocol , designed to tackle common blockchain development challenges such as user onboarding and multi-chain operations, boasts a market capitalization of approximately $6.8 ...

It’s so clever! READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/r9GyMdf

We've been using it all summer long. READ MORE... from Kitchn | Inspiring cooks, nourishing homes https://ift.tt/QIidWZj

XRP has risen by over 23% in the last two weeks following the announcement from the CME and CTF that they will be providing reference rates for the cryptocurrency. It has also sparked speculations about an XRP ETF. XRP is currently enjoying decent gains after an announcement by the Chicago Mercantile Exchange (CME) Group, declaring its decision to offer real-time indices and USD reference rates for both Ripple (XRP) and Internet Computer (ICP). CF Benchmarks will publish these indices daily starting on the 29th of July 2024. CME already has an impressive collection of Cryptocurrency benchmarks, and soon enough, XRP will join that suite. Ripple’s CEO, Brad Garlinhouse, stated , “The first step towards institutional crypto products is to have a trusted benchmark reference rate.” This addition suggests a growing demand among investors for a more accurate and reliable price reference for the currency. XRP currently trades around $0.515, a 26% increase from its price at the start of ...

San Francisco, USA/California, July 15th, 2024, Chainwire The doors are now open for Web3 and Web2 developers to build on Constellation Network ’s long-awaited Hypergraph distributed ledger technology – in development for the past several years under various contracts with the US Department of Defense . Constellation’s Global Metagraph Hackathon is a fully virtual event, free to enter, running from July 15th until September 9th, 2024. A total of $100,000 USD equivalent in $DAG (Constellation Network’s cryptocurrency) will be distributed to winners across several categories encompassing metagraph development and on-chain tooling, with the biggest single prize of $25,000 going to the most successful Metagraph. With its Hackathon, Constellation officially unveils its “metagraph” application layer technology that runs on top of its Hypergraph global consensus layer to a worldwide audience. A metagraph can be any type of Layer 1 decentralized application (dApp) network or legacy Web2 ne...