Tag: ecosystem

Bitget Announces Strategic Collaboration With SunPump on Growth of Tron Meme Ecosystem

coiner

PRESS RELEASE. Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with SunPump, the premier memecoin fair launch and trading platform on the TRON network. This partnership signifies a monumental stride in the development and expansion of TRON’s burgeoning memecoin ecosystem, unlocking a plethora of opportunities for groundbreaking projects and community-centric […] Source link

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The Emerging Bitcoin Modular Ecosystem

coiner

What’s modularity anyway? Modularity is the result of a curious experiment playing out in Ethereum as a reaction to the poor scaling properties of blockchains. To address this bottleneck, developers have taken the radical approach of auctioning off core functions of the main chain to… other blockchains. Centered around rollup technology, this modular transformation has completely redefined how products and services are built on top of Ethereum. Breaking apart every element of the stack allows different architectures to be designed according to their use cases. Understandably this has led to…

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0G Raises $35 Million to Fuel AI Integration in Web3 Ecosystem With Modular Innovation

coiner

On March 26, 2024, the Web3 modular infrastructure startup 0G secured $35 million in funding from over 40 strategic backers. Representing “zero gravity,” 0G is dedicated to enhancing infrastructure scalability through modular design. Its primary focus is on addressing the essential challenges necessary for the deployment of onchain artificial intelligence (AI) solutions within the Web3 […] Source link

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CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined

coiner

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the Curve founder against the platform’s native Curve DAO (CRV) token. Several lending protocols have rushed in with new governance proposals to minimize CRV exposure risks as the token price fluctuates. On Aug. 3, the…

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Celo blockchain proposes return to Ethereum ecosystem, transition to L2

coiner

CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain, eliminating the need to monitor tooling and libraries composability through upgrades, thus “making it easy for Celo developers to utilize the full gambit of Ethereum tooling/libraries.” Other key differentiating factors would include an off-chain data…

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Venture capital’s ICO gambits left Bitcoin ecosystem underfunded

coiner

Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years. Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with Cointelegraph’s Joseph Hall in Lugano, Switzerland. Adam Back alongside Cointelegraph’s Joseph Hall in Switzerland. Back, the inventor of Hashcash upon which Bitcoin’s proof-of-work algorithm was derived, pointed to market research…

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Terra Allies’ Six Samurai team aims to revive the ecosystem

coiner

After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next quarter suggesting the formation of a dedicated team consisting of six senior full-stack engineers. The Terra Allies senior full stack engineering team — known as the “Six Samurai” — has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders. With a firm commitment to achieving “a true revival of the ecosystem,” the team pledges to dedicate their efforts and expertise toward this goal. Terra was originally an…

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‘Anyone can produce value in the Bitcoin ecosystem’

coiner

Throughout recent years the world of crypto has been subject to as much scrutiny and volatility as it has innovation and growth.  A big component of the resilience of the industry has been the community that stands in support of the technology and its utility to transform digital finance. One of the most prominent crypto communities in the space is that surrounding Bitcoin (BTC), with millions of users in Reddit groups and conferences across the globe. At the Bitcoin Prague 2023 conference, Wolf Von Lare, CEO of Students for Liberty,…

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