Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain Scaling
Palo Alto, California, March 20th, 2024, Chainwire Pilotfish, a prototype Sui extension, was able to grow smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming languages, and cryptography experts and originators of the Sui Network, today announced a landmark achievement in scaling blockchain capacity. During testing and development in a Sui blockchain environment, Pilotfish, a prototype Sui extension, increased throughput by 8x when backed by 8 machines,…
1 year ago
Carpe Diem launches a New Pension Model on the Blockchain
On January 1st, 2024, Carpe Diem Pension came to life. This is a new way to build an alternative pension without the need for intermediates (banks & pension funds). It operates autonomously through the CDP token on the Pulse blockchain. People build up their pension collateral by making a monthly deposit in CDP. The accrued collateral is bound to their accounts and cannot be withdrawn. This permanent collateral cannot be touched by anyone, meaning that it cannot be used by…
1 year ago
Top 5 Industry-leading Smart Contract Auditing and Security Tools
Smart contract auditing and security tools help developers detect vulnerabilities in their blockchain-based applications. Many of these services can uncover hidden flaws and provide remedial actions to increase protection against malicious attacks. As a result, Web3 developers and DeFi applications cannot afford to launch their projects without using industry-leading services like: Cyfrin Aderyn Certora Slither Echidna Halmos Hacken This article looks closer at these smart contract auditing tools and their security-enhancing features widely used by developers everywhere. A Short Introduction…
1 year ago
Revolutionizing Blockchain Technology Introducing Orenium
Orenium, a pioneering force in the blockchain industry, is proud to announce the launch of its groundbreaking ecosystem, poised to redefine the future of decentralized finance (DeFi) and blockchain technology. With a focus on innovation, security, and accessibility, Orenium offers a comprehensive suite of solutions designed to unlock the full potential of the digital economy. Introducing Orenium At the heart of the Orenium ecosystem lies its Layer 1 blockchain, powered by a robust Proof of Authority (POA) consensus mechanism. Built…
1 year ago
Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity
The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. This platform represents an evolution of the "PAPYRUS Messenger," serving as the cornerstone of the ambitious "unagi" initiative, aimed at catalyzing the mass adoption of blockchain technology. The "Unbound Networking & Accelerating Growth Initiative" seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. A New Frontier in Blockchain Communication…
1 year ago
Sonorus Announces Strategic Partnership with BNB Chain to Enhance On-Chain Interaction
Sonorus, a pioneering force in the blockchain music space, announces their strategic partnership with BNB Chain, a move set to revolutionize on-chain interaction and engagement in the Web3 ecosystem. This collaboration marks a significant milestone for Sonorus, aligning with its mission to innovate and enhance user experiences on blockchain. Integrating with BNB Chain Ecosystem Sonorus's integration into the BNB Chain ecosystem represents a leap into a new era of blockchain technology. This partnership will enable Sonorus to leverage BNB Chain's…
1 year ago
Greelance Announces Strategic Token Listings and Significant Token Burn in January 2024
Greelance, an innovative platform at the forefront of merging artificial intelligence and blockchain technology with the freelance marketplace, is poised to initiate several pivotal events in January 2024. These events underscore the company's commitment to reshaping the landscape of global freelancing and consulting through strategic expansion and tokenomics. Key Token Listings on Renowned Exchanges Greelance is pleased to announce the upcoming listings of its native token, $GRL, on multiple esteemed exchanges. This expansion marks a significant milestone in enhancing token…
1 year ago
Kelp Is Crafting a Global Currency by Fusing Central Banking Theorem and Blockchain Decentralization
Kelp is a new cryptocurrency aiming to become the stable foundation of a modern, global financial ecosystem. Its mission is to succeed where other crypto projects have failed and deliver the promise of digital money by combining actual econometric models and central banking theorems. Kelp is inspired by a growing demand within the crypto community for a stablecoin 2.0. Several prominent voices, such as Brian Armstrong of Coinbase and renowned investor Ray Dalio, have discussed the possibility of “Flatcoin” -…
2 years ago
Introducing Favoom – Where Social Networking Meets Blockchain Innovation
Favoom has launched the first-ever, fully decentralized, and Web3-integrated social media service, combining digital networking with the benefits of blockchain technology. The platform is built on the BASE Network and aims to provide an alternative to social media giants like Twitter, Telegram, and Facebook by prioritizing privacy and data control and offering lucrative content monetization tools. The Social Finance (SocialFi) movement is rapidly gaining momentum, and Favoom is one of the projects spearheading its surge. The decentralized platform provides a…
2 years ago