🚀 Fractal Bitcoin Token FB Currently Priced at $13
#FractalBitcoin #FBToken #Bitcoin #cryptocurrency #tokensupply #ProofOfWork #ecosystem #communitygrants #presale #advisors #corecontributors #sustainability
According to BlockBeats, as of September 9, the Fractal Bitcoin token (FB) is currently priced at $13 in the over-the-counter market.
Previously, BlockBeats reported that the Fractal Bitcoin expansion plan revealed a total supply of 210 million FB tokens. The distribution is as follows: 50% for Proof of Work (PoW) mining, 15% for the ecosystem treasury, 10% for community grants, 5% for presale, 5% for advisors, and 15% for core contributors. The allocation for the ecosystem treasury and community grants is capped at 10% of the total annual distribution, spread over ten years. Advisors' allocation is capped at 20% of the total annual distribution, spread over five years. This distribution method aims to provide long-term support and sustainability for the Fractal ecosystem.#FractalBitcoin #FBToken #Bitcoin #cryptocurrency #tokensupply #ProofOfWork #ecosystem #communitygrants #presale #advisors #corecontributors #sustainability
🚀 MyShell Unveils ShellAgent Framework at Korea Blockchain Week
#MyShell #ShellAgent #KoreaBlockchainWeek #decentralizedAI #AIconsumer #modularframework #crossmodalmodels #AIapplications #incentivemechanism #tradingmarkets
According to BlockBeats, on September 9, MyShell participated in several events during Korea Blockchain Week, including AI After Hours, Openhouse AI, and 071 Labs AI Summit. During these events, MyShell discussed plans to expand the blueprint for decentralized AI by building an AI consumer layer. The company also announced the upcoming launch of a new modular framework called ShellAgent, which is currently in the testing phase.
ShellAgent is described as an integrated platform for cutting-edge cross-modal models. It supports the creation of advanced AI consumer applications and includes a built-in MyShell incentive mechanism. The platform allows for the one-click deployment of trading markets.#MyShell #ShellAgent #KoreaBlockchainWeek #decentralizedAI #AIconsumer #modularframework #crossmodalmodels #AIapplications #incentivemechanism #tradingmarkets
🚀 Cryptocurrency Ownership Declines Despite Market Recovery
#Cryptocurrency #MarketRecovery #OwnershipDecline #Bitcoin #FederalReserve #ConsumerFinanceInstitute #Finance #Investment
According to Odaily, research from the Federal Reserve Bank of Philadelphia indicates that despite a recent recovery in the cryptocurrency market, ownership rates have not increased correspondingly. The Consumer Finance Institute (CFI) of the Philadelphia Federal Reserve reported on September 6 that cryptocurrency ownership dropped from 24.6% in January 2022 to 19.1% in October 2022 during the bear market. Even during the subsequent 18-month market recovery, ownership rates did not significantly improve, with the rate standing at 17.1% in October 2023 and further declining to 15.4% in January 2024.
Additionally, when Bitcoin prices peaked in April 2024, ownership rates were only at 16.1%, and by July 2024, they had decreased to 14.7%. This data suggests that despite market fluctuations and recoveries, the overall interest and participation in cryptocurrency ownership have continued to decline.#Cryptocurrency #MarketRecovery #OwnershipDecline #Bitcoin #FederalReserve #ConsumerFinanceInstitute #Finance #Investment
🚀 KyberSwap Integrates Ethervista's Liquidity Pool
#KyberSwap #Ethervista #liquiditypool #Ethereum #tokenissuance #DeFi #blockchain
According to BlockBeats, KyberSwap has announced the integration of Ethervista's liquidity pool into its platform. This development, reported on September 9, aims to enhance the Ethereum ecosystem by providing a seamless token issuance experience. The integration is expected to streamline the process for users looking to create and manage liquidity pools on the Ethereum network.#KyberSwap #Ethervista #liquiditypool #Ethereum #tokenissuance #DeFi #blockchain
🚀 Whale Purchases 5,000 ETH Amid Market Dip
#Whale #ETH #Cryptocurrency #MarketDip #Investment #BlockBeats #Lookonchain #Profit #CryptoInvestor
According to BlockBeats, a significant cryptocurrency investor, often referred to as a 'whale,' has acquired 5,000 ETH valued at approximately $11.46 million over the past two days. This purchase was identified through monitoring by Lookonchain.
In November 2022, this whale previously bought 5,200 ETH at an average price of $1,322. The investor later sold these holdings in January 2023, December 2023, and January 2024 at an average price of $2,093, realizing a profit exceeding $4 million.#Whale #ETH #Cryptocurrency #MarketDip #Investment #BlockBeats #Lookonchain #Profit #CryptoInvestor
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🚀 DoraHacks Reaches Milestone With 10,000 BUIDLs
#DoraHacks #BUIDL #Web3 #HackerMovement #Hackathons #GlobalConnection #Innovation #Technology
According to Odaily, DoraHacks has achieved a significant milestone with the publication of the article '10,000 BUIDLs' by Steve Ngok on the Dora research blog. BUIDL represents the fundamental unit of the DoraHacks platform, with each BUIDL backed by a hacker team and a specific product. In his article, Ngok reflects on the development of DoraHacks as a leader in the global hacker movement, highlighting the participation of numerous leading Web3 ecosystems in early DoraHacks hackathons. He also emphasizes the vision of 'connecting hackers worldwide to solve important and urgent problems.'#DoraHacks #BUIDL #Web3 #HackerMovement #Hackathons #GlobalConnection #Innovation #Technology
🚀 Revelo Intel CEO Steps Down After Armed Robbery
#ReveloIntel #CEO #NickDrakon #armedrobbery #cryptocurrencies #cryptoassets #funds #thieves #investigation #cryptoeducation #financialimpact #Bitcoin #cypherpunk #socialmedia #security #investors
According to Cointelegraph, Nick Drakon, the CEO of crypto research and education platform Revelo Intel, has resigned following an incident where he was held at gunpoint and forced to transfer personal, company, and investor funds. Drakon detailed the harrowing experience in a Sept. 5 post on X, explaining that a highly sophisticated group targeted, surveilled, and robbed him. The group was specifically interested in crypto assets and knew the deposit addresses of the crypto businesses he operated. Under duress, Drakon was compelled to log into several crypto accounts and transfer funds out. The thieves made off with his personal funds, Revelo’s working capital, retained earnings, and funds from Revelo Ventures, the firm’s investment arm. Drakon also revealed that the criminals threatened his wife and 8-month-old son. He suggested that there is some evidence indicating involvement from individuals within Revelo Ventures but chose not to disclose further details to avoid compromising the investigation and potentially putting his family at greater risk. Vu Benson, the former chief operating officer, will now take over as the new CEO of Revelo Intel. In an effort to mitigate the financial impact on Revelo Ventures members, Drakon has forfeited his interest in Revelo and committed to returning some of the stolen money. Additionally, 30% of the company’s generated profits will be allocated to affected members. Drakon admitted to making severe mistakes that made him a target and apologized to those who lost money due to the robbery. This incident follows a recent case in Ukraine where four suspects allegedly kidnapped and murdered a foreign national, stealing $170,000 worth of Bitcoin. Bitcoin cypherpunk Jameson Lopp has noted that criminals often identify potential victims through social media posts, meetups, and conferences. Lopp advises against peer-to-peer trades with untrusted individuals, flaunting wealth on social media, and wearing crypto-branded clothing.#ReveloIntel #CEO #NickDrakon #armedrobbery #cryptocurrencies #cryptoassets #funds #thieves #investigation #cryptoeducation #financialimpact #Bitcoin #cypherpunk #socialmedia #security #investors
🚀 Owlto Finance Upgrades To Support Dex Aggregator For Enhanced Cross-Chain Services
#OwltoFinance #DexAggregator #CrossChain #Interoperability #DeFi #Blockchain #Crypto #Trading #Ethereum #Arbitrum #Optimism #BNBChain #Base #Polygon #DefiLlama
According to Foresight News, the intent-centric cross-chain interoperability protocol Owlto Finance has officially upgraded to be compatible with Dex Aggregator, enabling it to offer both cross-chain and trading services simultaneously. Users can now utilize its Swap feature for free, trading over 15,000 pairs across Ethereum, Arbitrum, Optimism, BNB Chain, Base, and Polygon.
Owlto Finance is recognized as the cross-chain protocol with the highest 24-hour cross-chain volume on DefiLlama. Its cross-chain products have garnered nearly 2 million users across more than 200 countries and regions.#OwltoFinance #DexAggregator #CrossChain #Interoperability #DeFi #Blockchain #Crypto #Trading #Ethereum #Arbitrum #Optimism #BNBChain #Base #Polygon #DefiLlama
🚀 Fractal Mainnet Mining Power Reaches 47 EH/s
#Fractal #Mainnet #MiningPower #EHs #MergedMining #PermissionlessMining #AntPool #SpiderPool #HashRate
According to BlockBeats, as of September 9, data from Unisat Explorer indicates that the total mining power of Fractal's mainnet, including merged mining and permissionless mining, has reached 47 EH/s.
In the Unisat Merged Mining category, four miners collectively mined 327 blocks within 24 hours. AntPool ranked first with a hash rate of 5.431 EH/s. In the Permissionless Mining category, eight miners collectively mined 1266 blocks within the same period, with SpiderPool leading the group with a hash rate of 437.2 PH/s.#Fractal #Mainnet #MiningPower #EHs #MergedMining #PermissionlessMining #AntPool #SpiderPool #HashRate
🚀 Fractal Mainnet Exceeds Expected FB Token Production
#Fractal #Mainnet #FBtokens #blockchain #cryptocurrency #tokens #blockproduction #Odaily
According to Odaily, the Fractal blockchain explorer reveals that the Fractal mainnet has mined over 1,700 blocks, producing approximately 42,500 FB tokens. Previously, community estimates suggested that with an average block time of 30 seconds, Fractal would generate around 72,000 FB tokens per day. However, within nearly six hours of the mainnet going live, it has already produced 42,500 FB tokens. It is anticipated that today's FB token production will surpass expectations and exceed 100,000 tokens.#Fractal #Mainnet #FBtokens #blockchain #cryptocurrency #tokens #blockproduction #Odaily
🚀 Agile Energy X Initiates Bitcoin Mining Using Surplus Renewable Energy
#AgileEnergyX #BitcoinMining #RenewableEnergy #SolarPower #GreenEnergy #CarbonNeutrality #Japan #PowerWastage #SustainableEnergy #TokyoElectricPowerGrid #BTC
According to Odaily, Agile Energy X, a subsidiary of Tokyo Electric Power Grid, has commenced the installation of Bitcoin mining equipment at solar power plants in Tochigi and Gunma prefectures. This initiative aims to utilize surplus renewable energy for mining experiments. Kenji Tateiwa, a representative of the company, stated that mining could provide a new revenue stream for power generation companies and promote the further adoption of green energy.
Agile Energy X estimates that if renewable energy accounts for nearly half of the national power supply, the annual electricity consumption of approximately 70 million households would be wasted. By utilizing 10% of this surplus for Bitcoin mining, it is projected to generate an annual revenue of around 360 billion yen (25 billion USD). This move seeks to address the issue of power wastage due to the volatility of renewable energy generation while supporting Japan's goal of achieving carbon neutrality by 2050.#AgileEnergyX #BitcoinMining #RenewableEnergy #SolarPower #GreenEnergy #CarbonNeutrality #Japan #PowerWastage #SustainableEnergy #TokyoElectricPowerGrid #BTC
🚀 Suze Orman Predicts Bitcoin’s Future Rise with Next Generation Investors
#SuzeOrman #Bitcoin #Investing #Cryptocurrency #FinancialAdvisor #YoungerInvestors #BitcoinETFs #RiskTolerance #WealthAccumulation #FutureInvestments #BTC
According to Cointelegraph: Economist and renowned financial advisor Suze Orman recently expressed optimism about Bitcoin, citing its potential to "catch fire" as the next generation of investors matures. During an interview with CNBC, Orman shared her views on why everyone should own Bitcoin, emphasizing its growing appeal among younger investors.Orman, a best-selling author and host of the Women & Money podcast, diverged from traditional financial advisory perspectives, suggesting that Bitcoin's popularity will increase as younger generations accumulate wealth. She stated, "As younger people make more money and mature, [Bitcoin] will be one of their investments of choice, and that will cause it to go up."Number of identify-verified cryptoasset holders (in millions) from 2016 through June 2024. Source: StatistaA Cautious Approach to Bitcoin InvestmentDespite her enthusiasm for Bitcoin, Orman revealed she invests primarily through Bitcoin ETFs rather than holding the cryptocurrency directly. She highlighted her concerns over the complexity of wallets and the risks associated with losing passcodes, stating, "I would never want to see an FTX happen again."While she acknowledged that Bitcoin might never become a mainstream currency or a universal store of value, she recognized the intense interest it generates among younger investors. Orman believes this "fascination" could ultimately drive significant growth, making Bitcoin a strong choice for future portfolios.Advice for Bitcoin InvestorsOrman emphasized the importance of risk tolerance when investing in Bitcoin, advising that holders should be prepared to lose their investment if the market turns unfavorable. Her key message was clear: "Everybody should absolutely have exposure to Bitcoin," but only within a framework that aligns with personal financial comfort.As younger generations increasingly adopt Bitcoin, financial advisors and investors alike may need to reconsider its role in future investment strategies.#SuzeOrman #Bitcoin #Investing #Cryptocurrency #FinancialAdvisor #YoungerInvestors #BitcoinETFs #RiskTolerance #WealthAccumulation #FutureInvestments #BTC
🚀 Aevo Denies Paying $1000 to Remove Negative Reviews
#Aevo #DerivativesTrading #NegativeReviews #ForesightNews #SocialMedia #Influencers
According to Foresight News, derivatives trading platform Aevo has responded to recent allegations that it paid $1000 to have negative comments removed. The Chinese-speaking community of Aevo addressed these claims on social media, stating that the screenshot circulating online is not genuine. Aevo clarified that it does not pay influencers to delete unfavorable reviews.#Aevo #DerivativesTrading #NegativeReviews #ForesightNews #SocialMedia #Influencers
🚀 Ethereum(ETH) Surpasses 2,300 USDT with a 0.66% Increase in 24 Hours
#Ethereum #ETH #USDT #Cryptocurrency #Binance #MarketData #Trading
On Sep 09, 2024, 06:39 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,300 USDT benchmark and is now trading at 2,300.340088 USDT, with a narrowed 0.66% increase in 24 hours.#Ethereum #ETH #USDT #Cryptocurrency #Binance #MarketData #Trading
🚀 Moscow Exchange Opts Out Of Russian Cryptocurrency Trading Pilot
#MoscowExchange #cryptocurrency #tradingpilot #Russia #StPetersburgExchange #digitalcurrency #centralbank
According to Odaily, the Moscow Exchange (MOEX), Russia's largest securities market, has decided not to participate in the country's cryptocurrency trading pilot program. This decision comes after the Russian State Duma passed a bill in July allowing digital currency trading on exchanges regulated by the central bank. In contrast to MOEX's stance, the St. Petersburg Exchange (SPB Exchange) has announced its active participation in the pilot project.#MoscowExchange #cryptocurrency #tradingpilot #Russia #StPetersburgExchange #digitalcurrency #centralbank
🚀 Drift Protocol Proposes Use Of Unclaimed Tokens For Adoption Fund
#DriftProtocol #Solana #DeFi #CryptoAdoption #Governance #FUELFund #DRIFTtokens
According to Odaily, the decentralized perpetual contract platform Drift Protocol, which is based on Solana, has initiated a proposal on Realms. The proposal seeks to utilize approximately 8.2 million unclaimed and confiscated DRIFT tokens to launch the Drift FUEL Fund. This fund aims to incentivize the adoption of Drift Protocol. However, the specific allocation of these tokens will still need to be determined through governance.#DriftProtocol #Solana #DeFi #CryptoAdoption #Governance #FUELFund #DRIFTtokens
🚀 Nigeria SEC To Enforce Regulations On Crypto Platforms
#Nigeria #SEC #CryptoRegulation #Cryptocurrency #InvestorProtection #MarketCompliance #EnforcementActions #CryptoPlatforms #FinancialRegulation
According to Foresight News, the Nigerian Securities and Exchange Commission (SEC) has announced plans to initiate enforcement actions against all individuals and business entities, including cryptocurrency trading platforms operating outside its regulatory framework. The SEC emphasized its commitment to regulating the market and ensuring compliance from all participants.
The regulatory body stated, 'We will certainly take enforcement action against anyone who does not intend to be regulated but wants to operate in this market. For those who do not wish to comply with the rules, we will not allow them to operate within our jurisdiction.' This move underscores the SEC's determination to maintain order and protect investors in the rapidly evolving cryptocurrency sector.
The announcement comes amid growing concerns about the unregulated nature of many cryptocurrency platforms and the potential risks they pose to investors. By enforcing these regulations, the SEC aims to create a safer and more transparent market environment. The commission's actions are expected to have significant implications for the cryptocurrency industry in Nigeria, as it seeks to balance innovation with investor protection.#Nigeria #SEC #CryptoRegulation #Cryptocurrency #InvestorProtection #MarketCompliance #EnforcementActions #CryptoPlatforms #FinancialRegulation
🚀 Nal Secures $10 Million Seed Funding For Blockchain Network Development
#Nal #Blockchain #Web3 #Funding #DigitalAssets #Crypto #Infrastructure #Innovation
According to BlockBeats, on September 9, the modular blockchain network Nal successfully raised $10 million in seed funding. This round of financing will be allocated towards the enhancement and iteration of its infrastructure and products.
Nal is a modular blockchain network designed to create a new ecosystem for Web3 applications, supporting 'new assets' in 'diverse scenarios' with seamless transactions. By offering inclusive and secure product-level solutions, Nal aims to facilitate the efficient issuance, low-cost trading, and transparent distribution of digital and crypto assets. The network's products are designed to integrate directly into commercial scenarios, providing end-to-end services for clients.#Nal #Blockchain #Web3 #Funding #DigitalAssets #Crypto #Infrastructure #Innovation
🚀 Ripple's RLUSD Stablecoin Initially Available Only to Institutions
#Ripple #RLUSD #Stablecoin #InstitutionalClients #DavidSchwartz #MarketManipulation #MoneyLaundering #BradGarlinghouse
According to BlockBeats, on September 9, Ripple's Chief Technology Officer David Schwartz confirmed that the upcoming stablecoin RLUSD will initially be available exclusively to institutional clients. Schwartz addressed concerns about market manipulation and money laundering, emphasizing the safeguards in place for RLUSD. He stated, 'I believe such scenarios are unlikely to occur, except perhaps during very early testing phases before anyone uses it to transfer or store value.'
Previously, on September 4, Ripple's CEO Brad Garlinghouse announced that the RLUSD stablecoin is set to launch in the coming weeks.#Ripple #RLUSD #Stablecoin #InstitutionalClients #DavidSchwartz #MarketManipulation #MoneyLaundering #BradGarlinghouse
🚀 Merlin Chain Reports Significant Growth and Future Plans
#MerlinChain #Bitcoin #Layer2 #Crypto #Blockchain #CrossChain #TVL #DEX #Transactions #Security #Ecosystem #CommunityDevelopment #CryptoGrowth #OnChain
According to Foresight News, Bitcoin Layer 2 network Merlin Chain has released its semi-annual report, highlighting substantial growth and future plans. The report reveals that the network's cross-chain volume reached $16 billion, with 1.9 million on-chain addresses and 12.7 million transactions. Within 50 days of its mainnet launch, the Total Value Locked (TVL) surpassed $3.9 billion, with 88% comprising native assets like BTC and Ordinals. The market value of M-BTC in the first half of the year reached $1.2 billion. Additionally, $16 billion worth of Bitcoin was cross-chained, spot trading amounted to $1.6 billion, and perpetual contract trading reached $1.4 billion. The asset trading volume exceeded $3 billion, and DEX liquidity surpassed $78 million. Merlin Chain has also introduced a comprehensive security framework and on-chain architecture, collaborating with industry leaders such as Celestia, Cobo, and SlowMist to create a secure and transparent on-chain environment. The release rate of MERL tokens will significantly slow down in the second half of the year, with only 0.4% being released over the next 12 months. Merlin Chain plans to continue its efforts in technology, ecosystem, and community development in the second half of the year to further advance the Bitcoin ecosystem.#MerlinChain #Bitcoin #Layer2 #Crypto #Blockchain #CrossChain #TVL #DEX #Transactions #Security #Ecosystem #CommunityDevelopment #CryptoGrowth #OnChain