Author: CryptoHoppers
In an unexpected turn of events, the Aptos blockchain, renowned for its use of the Move language, has been offline for more than four hours. AptoScan’s block explorer reveals that on-chain transactions abruptly ceased at block 104621314, with the last recorded transaction timestamped at 7:11 UTC+8 on October 19, 2023.Major Exchanges Hit Pause!This disruption has led major exchanges like Upbit and OKX to suspend deposits and Aptos (APT) token withdrawals.Aptos blockchain has down for more than four hours. According to the AptoScan block explorer, on-chain transactions on the Move language blockchain Aptos have stopped at block 104621314. The last transaction…
Nature can teach us many things. Did you know that there is a crypto trading indicator that operates based on a mysterious calculation inspired by nature? Yes, we are talking about Fibonacci Retracement Levels. This tool is considered a remarkable asset in the world of crypto trading. While some have questioned the reasoning behind using this calculation to make trading decisions, the tool remains popular among traders due to the impressive results it offers. Definitely, it is worth taking a few minutes to learn about this exceptional tool. Let’s start!1. Fibonacci Retracement Levels: What You Should Know Fibonacci Retracement is an…
Trader Says There’s No Support for Altcoin That’s Exploded Over 285% in a Month, Predicts More Pain Looming
A crypto trader is issuing a warning on a low-cap altcoin that has enjoyed triple-digit price appreciation in a month. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,900 followers on the X social media platform that the decentralized applications (DApps) platform Loom Network (LOOM) is “on the way down” after experiencing “fast bull moves” over the past 30 days. LOOM rose from its September 19th close of $0.0462 to a five-year high of $0.407 earlier this week. According to Altcoin Sherpa, LOOM could rise modestly over the short term before resuming the downtrend and inflicting “more pain” as it lacks…
Zug, Switzerland, October 18th, 2023, ChainwireToday, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency. Through this collaboration, Blockchain.com and TON Foundation will make crypto more accessible for the over 800 million monthly active users on Telegram. In September 2023, TON Space, the TON-based self-custody cryptocurrency wallet developed by the team behind Wallet, was made available in the Telegram settings menu for existing users of…
Yuga Labs’ CEO Daniel Alegre Addresses Community Concerns: A Lesson in Transparent Leadership and Navigating Pressures | NFT CULTURE | NFT News | Web3 Culture
In a recent open letter, Daniel Alegre, CEO of Yuga Labs, the umbrella company behind some of the most celebrated NFT projects like Bored Ape Yacht Club (BAYC) and CryptoPunks, spoke candidly about the state of affairs within the company and its community. Alegre’s letter stands out as a testament to transparent leadership, especially in a high-stakes, rapidly evolving sector like NFTs. Six Months In and All Ears Alegre has been at the helm for six months, and his opening remarks showcase a humbling reality—he doesn’t claim to know it all. On his initial day, he was advised that understanding…
50% Drop Possible Ahead Of Halving
Bitcoin (BTC) enthusiasts and investors are keeping a watchful eye on the ever-volatile cryptocurrency market as the clock ticks closer to the highly anticipated halving event in April 2024. Benjamin Cowen, a well-known crypto analyst with a substantial following, has raised concerns about the potential for a significant price drop in Bitcoin before this upcoming halving. In a recent interview with Scott Melker, Cowen delved into the historical patterns surrounding the alpha coin’s price movements in the lead-up to halving events. He highlighted that, while he didn’t explicitly predict a 50% drop, historical data suggests that such a decline is…
Users and dApps can have full ownership of their data on Greenfield. Greenfield surpassed the industry standard in upload and download speeds during testing. After a rigorous six-month testing phase, BNB Chain formally announced the mainnet launch of its decentralized storage network Greenfield, marking a “new era for Web3 data ownership.” Read Binance Coin’s [BNB] Price Prediction 2023-24 Delving into Greenfield Greenfield is a novel blockchain solution that aims to emulate popular existing Web2 cloud storage solutions in performance while leveraging smart contracts as the underlying technology. By using the storage-oriented network, users and decentralized applications (dApps) can have full ownership…
Sailing into the Future: Yuga Labs’ Inaugural Bored Ape Yacht Club Open House” | NFT CULTURE | NFT News | Web3 Culture
In a move that underscores the booming synergy between technology, art, and community, Yuga Labs, the powerhouse behind the much-vaunted Bored Ape Yacht Club (BAYC), is unlocking the doors to its exclusive domain for the first time ever. Slated for November 5, 2023, in the vibrant heart of Kai Tak, Hong Kong, the one-day extravaganza dubbed the Yacht Club Open House beckons visitors to dive into the effervescent world of web3 under the aegis of Yuga Labs. A Voyage Beyond the Horizon The Open House unfurls a rich tapestry of panel discussions, immersive experiences, gaming galore, melodious music, and a…
JP Morgan strategist expects 20% market correction; whales bullish on Render and InQubeta
As the global financial market stands at the cusp of another potential inflection point, insights from renowned institutions can have ripple effects across various sectors. A strategist from JP Morgan recently suggested that the market could see a 20% dip. Such projections can be anxiety-inducing for conventional investors. Amidst this gloomy outlook, top crypto coins, including InQubeta (QUBE) and Render (RNDR), remain firm. InQubeta: the best ICO in 2023? InQubeta aims to transform how we perceive artificial intelligence (AI) start-up investments. Recognizing potential investors’ challenges, InQubeta has pioneered a crowdfunding platform permitting fractional investment in AI ventures via QUBE, the platform’s…
JPMorgan Chase & Co. has successfully carried out its initial collateral settlement for clients with the help of blockchain. This is at a time when the biggest bank in the US is looking into commercial applications that are created on the technology that is at the heart of crypto. BlackRock exchanged money market fund shares for digital tokens using the Tokenized Collateral Network (TCN) provided by JPMorgan. They were then sent to Barclays as part of an ancillary transaction between the two financial institutions conducted over the counter. This was revealed by Tyrone Lobban, head of Onyx Digital Assets at…