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.Happy 5th DeFiChain Whitepaper Day!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.Super Micro Computer Stock SplitSuper Micro Computer $SMCI initiated a 10-for-1 stock split on Oct 1, 2024, making shares…

POPCAT had a bearish structure on the daily chart. Its bearish social media engagement stemmed from a relative weakness during a bullish market phase.  Popcat [POPCAT] noted a 79.7% rally from the lows of November to the high at $2.08. Market participants expected a minor retracement before the next move higher, but POPCAT has retraced almost all of these gains. Bitcoin [BTC] saw an 8.83% drop from the 22nd to the 26th of November, which further contributed to Popcat’s losses. However, while Bitcoin jumped higher to challenge the $98k local resistance zone again, Popcat bulls were unable to breach $1.4.…

Over the past year, Web3j has continued its journey of growth and evolution. This report highlights our major updates, project statistics, new features, and community work. Our goal is to provide a comprehensive overview of the strides we’ve made, the challenges we’ve overcome, and the exciting future ahead. Major Web3j Announcement Web3j: Now a Hyperledger Project The start of 2024 marked a significant milestone with Web3j becoming a Hyperledger Foundation project. This transition marks a significant milestone, enabling us to leverage the Hyperledger Foundation’s capabilities in governing and promoting open source software. This strategic move also underscores Web3 Labs’ commitment…

$48 resistance holds the key for Avalanche’s next big move. Stochastic Oscillator warns of overbought levels for AVAX. Avalanche [AVAX] was priced at $45.28 at press time, reflecting a 3.60% increase in the past 24 hours.  The market cap was $18.53 billion, with a 24-hour trading volume of $827.93 million.  Over the past day, AVAX has fluctuated between a low of $43.37 and a high of $45.95. While the token has made significant strides recently, its all-time high of $146.22, reached on the 21st of November 2021, remains far out of reach, marking a 68.89% decline from that peak. $48…

Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December. This upcoming wave involves an estimated $578 million worth of tokens being released into the market. Interestingly, a detailed look into various unlocking schedules shows that this is part of a total of $3.5 billion worth of token unlocks in December. Major Altcoin Unlocks Scheduled For Early December The…

The surge in inflows follows the election of Donald Trump, whose administration promises a crypto-friendly stance. Plans for a Bitcoin reserve, for one, and regulatory rollbacks on restrictive crypto policies have boosted confidence in the market.On election day alone, Bitcoin ETFs witnessed inflows amounting to $1.38 billion, and BlackRock’s iShares Bitcoin Trust constituted the majority. This highlights growing institutional interest in Bitcoin exposure through ETFs. Collectively, US Bitcoin spot ETFs are now nearing 1 million BTC in holdings.The broader cryptocurrency market also took a hit with Bitcoin changing hands close to $100,000. According to analysts, such momentum would see BTC…

Community & educationBeerFi Prague MeetupsTechnical meetups focused on builders and contract development, hosted in Prague, Czech Republic.Community & educationBlockchain Course with UNAHCryptoversidadComprehensive program on cryptocurrency and blockchain with a focus on the Ethereum ecosystem, delivered in collaboration with the Universidad Nacional Autónoma de Honduras (UNAH).Community & educationCode Africa HackathonHackathon in Nairobi, Kenya that encouraged participants to build projects that could lead to positive real-world impact and explore themes such as zero knowledge (ZK), account abstraction, and privacy.Community & educationDigital Democracy DayBlockSplitEvent organized in Split, Croatia that delved into the future of collaborative technology and plural democracy, with an emphasis on…

35Former basketball player Shaquille O’Neal has agreed to settle a lawsuit related to the Astrals non-fungible token (NFT) project, committing to pay $11 million. The settlement awaits court approval, which would conclude the legal dispute tied to O’Neal’s involvement in the project.The lawsuit began last year when investors in the Astrals project accused O’Neal of promoting and selling unregistered securities. The case revolved around Astrals NFTs, described as 10,000 “metaverse-ready 3D avatars,” and the associated Galaxy token. While O’Neal was not directly in charge of the project, a Florida court ruled in August that he played the role of a “seller,” linking…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The next megacycle in computing is Quantum. Quantum computing is transforming industries from AI, pharmaceutical, and automotive to aerospace, finance, telecommunication, and research, but the required infrastructure, such as massive cooling systems, specialized facilities, and costly hardware, makes it work with its limits and largely inaccessible for all but a select few. Quantum computing’s reliance on these exclusive setups restricts its benefits to a limited number of institutions, limiting its potential to solve today’s real-world problems at…

As we move further into October, we’re excited to provide a comprehensive update on the latest developments. These weeks have been filled with key announcements, exciting campaigns, and new partnerships. From fresh speaker reveals to engaging initiatives for YOU, De.Fiers. Let’s dive into a detailed recap of what we’ve done in the first weeks of October 👇 $50,000 Campaign Our upcoming $50,000 Campaign is gaining attention within the whole web3 space. Supported by over 25 tier-1 projects, it will be one of the biggest contests of the year.  The campaign offers an opportunity for De.Fiers to engage with some of…