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“If traders are willing to open short positions with highly negative funding rates, they must have belief the token will decline,” Christopher Newhouse, a crypto derivatives trader at crypto market maker GSR, said. “Despite the surge, this suggests shorts think the rally may have gone too far.” Source
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Transactional activity can serve as a predictive indicator of forthcoming investor interest in any blockchain ecosystem. Original Source
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The number of validators are limited to 100 slots. Validators are also required to stake a minimum of 10,000 BONE and all rewards will be paid in BONE. “The onboarding of these Validators will be done taking into account the experience, trust, knowledge and ensuring that these validators are committed
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Place/Date: Dubai, UAE - January 10th, 2023 at 10:31 am UTC · 3 min read Contact: Nadav Dakner, Source: Flare Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at
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I often hear from those new to Web3 or blockchain technology (including in my old TradFi world) that they “see the value of the blockchain technology, but that crypto is worthless.” Unfortunately, these comments are common by those who don’t realize that a blockchain needs native cryptocurrency to process transactions,
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According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs, a way of proving something without revealing sensitive information, and Ethereum’s Augur, a prediction market where users bid on specific outcomes. Source
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EOAs can initiate transactions, but CA's cannot. However, by using Account Abstraction, it is possible to create a smart contract that can initiate transactions on behalf of an EOA, enabling the creation of a self-custodial wallet that can make automatic recurring payments, Visa said. Source
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Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations
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Blockchain technology has garnered significant attention in recent years due to its potential to revolutionize various industries. At its core, a blockchain is a decentralized, distributed ledger that allows multiple parties to reach consensus on the state of a shared database.There are two main types of blockchains: layer 1 and
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Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and
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