Author: Yeek.io

Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.Biggest Hardfork in DeFiChain’s History Successfully ImplementedDeFiChain’s highly anticipated hardfork went live on October 29th at block height 4,463,000, introducing a suite of enhancements aimed at refining the protocol, empowering users, and strengthening ecosystem integrity.Here’s a look at the key changes and their impact on users and the DeFiChain platform.Community X Space: Hardfork and Community ProjectsAfter a long hiatus, the Community X Space reconvened, offering insights, updates, and a platform for open…

Floki forms numerous bullish patterns, which observers say could point to more upside— potentially to an all-time high this year.  Floki (FLOKI), the sixth-biggest meme coin, was trading at $0.000256, pushing its market cap to over $2.4 billion. The coin could have more upside, helped by the ongoing token burn. Data by CryptoEye showed that Floki has burned over 103 billion tokens in the last 12 months.  It burned 4.9 billion tokens in the last three months, leaving the total coins in circulation at over 9.6 trillion. According to Dune Analytics, the number of these circulating tokens has continued to…

Our onchain adventures can now be Frames in Farcaster. Earn rewards directly in your decentralized social feed. Platforms and creators can now incentivize quality engagement on Layer3, Farcaster, and beyond. What is Farcaster? Powered by Ethereum and the OP Superchain — anyone can create profiles, “Cast” messages, and build an open social network on Farcaster. Connect your crypto wallet and ENS for onchain social media on Warpcast (Farcaster’s leading interface). On Warpcast — you can easily mint NFTs, tip memecoins, and explore Frames as interactive apps in-feed. Frames have helped drive remarkable growth for Farcaster — and a nearly 20x…

Luna’s breakout and golden cross signal potential bullish momentum, but resistance at $0.69 is crucial. Market sentiment remains optimistic as Open Interest rises and bullish liquidations dominate. Terra [LUNA] has grabbed market attention by breaking out of its prolonged downtrend and forming a golden cross, a reliable bullish indicator. At press time, Luna traded at $0.7027, reflecting a 2.67% drop over the past day. While this slight decline raised concerns, its technical and market metrics suggest the potential for a sustained rally if critical resistance levels are overcome. Technical analysis: Golden cross signals potential The golden cross, where the 50-day…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Este artículo también está disponible en español. The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally.  Related Reading Interestingly, on-chain data shows that XRP whales have taken advantage of this dip to stock up their holdings to essentially prevent further price declines. With this in mind, technical analysis of the coin’s price chart shows that the cryptocurrency is well on…

Important update: since the initial publication of this post, Lodestar has published a new release, v1.15.0, which Holesky users must upgrade to prior to Dencun’s activation on February 7th. Additionally, Prysm and Nimbus have both published highly recommended releases for Holesky. Prysm users are encouraged to use v4.2.1, and Nimbus users v24.2.0. Goerli blobs are here: Dencun went live on Goerli at 6:32 UTC on January 17, 2024. You can now use blobs there!Sepolia and Holesky will upgrade over the next two weeks. Dencun will activate on Sepolia at epoch 132608 (January 30th, 22:51 UTC), and on Holesky at epoch…

Tory Lanez became the first artist to sell 1 million copies of this album in 57 seconds, an NFT version when It’s Dark. By taking away the fences of the music industry one piece at a time, this groundbreaking feat is proof that NFTs are poised to be a growing section of the music industry to offer a new way to distribute decentralized art. A Revolutionary Music Sales Approach So when It’s Dark was launched on the Ethereum blockchain as an NFT (non-fungible token), fans could purchase a limited edition digital album with special features. The copies were sold for…

More than 24,000 United Nations staff are set to gain blockchain skills as the UN expands its academy, developed in partnership with the Algorand Foundation. The United Nations Development Programme is expanding its blockchain education academy to provide training to 24,000 personnel worldwide, the international organization announced in a press release on Nov. 19. The initiative, launched in collaboration with the Algorand Foundation, aims to equip UN personnel with blockchain skills to help them understand how the technology can contribute to building a “more sustainable and equitable future,” according to Doro Unger-Lee, head of education and financial inclusion at the…

When users dive into the dynamic world of DeFi, the first thing they need is a reliable tool that will help them track and manage their portfolio effectively. This kind of assistant is crucial for proper onchain analysis, enabling users to make informed decisions in a fast-paced environment. While CoinStats has been a popular portfolio tracker for many users, some people may find themselves looking for a more feature-rich and comprehensive solution. This article explores what CoinStats offers, why it’s useful, and how De.Fi takes things to the next level with various advanced features built explicitly for crypto enthusiasts. What…