5 mins. ago
Did you know
The world record for train pulled by BEARD is 2,753.1 kg for over a distance of 10m
🤯
The world record for train pulled by BEARD is 2,753.1 kg for over a distance of 10m
🤯
18 mins. ago
Despite uncertainty across the wider crypto markets, the Solana ecosystem continues to reward its loyal users with a wealth of liberal incentives and airdrops.
Which rewards programs and incentives should you have on your radar?
JUPITER ASR (ACTIVE STAKING REWARDS)
Ever since the $JUP TGE supporters and community members have been able to stake JUP tokens within Jupiter’s platform and vote on decentralized governance proposals that shape the direction and future of the protocol.
All voters and contributors, regardless of how they cast their votes, are eligible for a share of around $60M in Jupiter ASR (Active Staking Rewards). Allocations are calculated based on an individual account’s voting power and will be comprised of:
50M JUP
7.5B WEN
7.5M ZEUS
7.5M UPT
750,000 SHARK
These highly anticipated Active Staking Rewards are expected to be distributed before July 10, with an official allocation checker scheduled to go live sometime on July 5. It’s important to note that JUP claimed during the event will automatically added to your wallet’s staked amount.
SANCTUM $CLOUD AIRDROP
Following the success of its gamified LST loyalty program, Wonderland, Sanctum’s initial $CLOUD airdrop is slated to go live in mid-July. Attracting over 300,000 participants and amassing over $1B TVL (Total Value Locked) in early June based on DeFiLlama data, Sanctum’s CLOUD airdrop is one of the ecosystem’s most eagerly awaited events.
Sanctum's CLOUD airdrop introduces a novel approach to token distribution. With 10% of the total allocated to the event, the Sanctum has made the decision to split reward users based not only on their Wonderland XP, but also on their 'Earnestness'.
An official date for the CLOUD airdrop is yet to be announced, but it expected to go live sometime in mid-July.
MARINADE SEASON 3
One of the largest DeFi applications by TVL in the Solana ecosystem, Marinade’s Season 3 Rewards program is well underway.
Expected to run for three months, Marinade Season 3 promises to distribute 25M MNDE tokens, currently valued at $2 .7M, to community members who deepen total mSOL liquidity. Users are encouraged to earn bonus MNDE incentives by providing mSOL liquidity in three different ways:
Kamino mSOL/SOL LP Vault - Up to 12.5M MNDE tokens will be allocated to users who provide mSOL/SOL liquidity on Kamino Finance. LP providers will also be eligible for Kamino rewards.
Looping Meteora mSOL/SOL LP Tokens - Up to 5M MNDE tokens will be allocated to users who deposit into mSOL/SOL pools on Meteora and strategically loop their yield through Solend.
Discretionary LP/Partner Rewards - The remaining 7.5M MNDE tokens will be distributed to community members who deepen mSOL liquidity through various other partnerships. These partnerships are dynamic and currently undisclosed.
KAMINO SEASON 2
Another Solana DeFi powerhouse, Kamino’s Season 2 records program is thriving in full force and scheduled to end around the end of July.
Reward allocations are calculated linearly based on points accrued through using the protocol’s various functions, including lending and borrowing markets. By staking KMNO, the platform’s native token, users receive multipliers that boost their point generation.
Kamino’s Season 2 rewards program has been further bolstered by the integration of PayPal’s PYUSD stablecoin, which has attracted over $38M in TVL at press time.
DEBRIDGE
A clear winner of Jupiter’s Round 3 LFG Launchpad candidates, Debridge’s ongoing rewards program has attracted over 470,000 unique accounts and transferred over $3 .1B across different blockchains.
Accruing points through Debridge’s rewards program is straightforward, users simply need to transfer funds between chains using the protocol and by referring new users.
PARCL PERPETUAL POINTS SEASON 2
As of July 1st, the Parcl Perpetual Points program has entered its second season. Expected to last for the remainder of 2024, the
Which rewards programs and incentives should you have on your radar?
JUPITER ASR (ACTIVE STAKING REWARDS)
Ever since the $JUP TGE supporters and community members have been able to stake JUP tokens within Jupiter’s platform and vote on decentralized governance proposals that shape the direction and future of the protocol.
All voters and contributors, regardless of how they cast their votes, are eligible for a share of around $60M in Jupiter ASR (Active Staking Rewards). Allocations are calculated based on an individual account’s voting power and will be comprised of:
50M JUP
7.5B WEN
7.5M ZEUS
7.5M UPT
750,000 SHARK
These highly anticipated Active Staking Rewards are expected to be distributed before July 10, with an official allocation checker scheduled to go live sometime on July 5. It’s important to note that JUP claimed during the event will automatically added to your wallet’s staked amount.
SANCTUM $CLOUD AIRDROP
Following the success of its gamified LST loyalty program, Wonderland, Sanctum’s initial $CLOUD airdrop is slated to go live in mid-July. Attracting over 300,000 participants and amassing over $1B TVL (Total Value Locked) in early June based on DeFiLlama data, Sanctum’s CLOUD airdrop is one of the ecosystem’s most eagerly awaited events.
Sanctum's CLOUD airdrop introduces a novel approach to token distribution. With 10% of the total allocated to the event, the Sanctum has made the decision to split reward users based not only on their Wonderland XP, but also on their 'Earnestness'.
An official date for the CLOUD airdrop is yet to be announced, but it expected to go live sometime in mid-July.
MARINADE SEASON 3
One of the largest DeFi applications by TVL in the Solana ecosystem, Marinade’s Season 3 Rewards program is well underway.
Expected to run for three months, Marinade Season 3 promises to distribute 25M MNDE tokens, currently valued at $2 .7M, to community members who deepen total mSOL liquidity. Users are encouraged to earn bonus MNDE incentives by providing mSOL liquidity in three different ways:
Kamino mSOL/SOL LP Vault - Up to 12.5M MNDE tokens will be allocated to users who provide mSOL/SOL liquidity on Kamino Finance. LP providers will also be eligible for Kamino rewards.
Looping Meteora mSOL/SOL LP Tokens - Up to 5M MNDE tokens will be allocated to users who deposit into mSOL/SOL pools on Meteora and strategically loop their yield through Solend.
Discretionary LP/Partner Rewards - The remaining 7.5M MNDE tokens will be distributed to community members who deepen mSOL liquidity through various other partnerships. These partnerships are dynamic and currently undisclosed.
KAMINO SEASON 2
Another Solana DeFi powerhouse, Kamino’s Season 2 records program is thriving in full force and scheduled to end around the end of July.
Reward allocations are calculated linearly based on points accrued through using the protocol’s various functions, including lending and borrowing markets. By staking KMNO, the platform’s native token, users receive multipliers that boost their point generation.
Kamino’s Season 2 rewards program has been further bolstered by the integration of PayPal’s PYUSD stablecoin, which has attracted over $38M in TVL at press time.
DEBRIDGE
A clear winner of Jupiter’s Round 3 LFG Launchpad candidates, Debridge’s ongoing rewards program has attracted over 470,000 unique accounts and transferred over $3 .1B across different blockchains.
Accruing points through Debridge’s rewards program is straightforward, users simply need to transfer funds between chains using the protocol and by referring new users.
PARCL PERPETUAL POINTS SEASON 2
As of July 1st, the Parcl Perpetual Points program has entered its second season. Expected to last for the remainder of 2024, the
46 mins. ago
BullVerse Meme of the day.
Celeb Token Launch Summarized
Phase 1:
Sahil --> Phantom Wallet --> No Roadmap --> Crypto Twitter --> Buying SOL --> Tweet #Solana --> Tease a launch.
Phase 2:
Pump dot fun --> "We are live, CA:" --> Raydium>Orca --> Ansem
Phase 3:
Bubblemaps --> ZachXBT --> Dev Wallet --> Exit Liquidity.
Next.
#BullVerse #MemeOfTheDay
Celeb Token Launch Summarized
Phase 1:
Sahil --> Phantom Wallet --> No Roadmap --> Crypto Twitter --> Buying SOL --> Tweet #Solana --> Tease a launch.
Phase 2:
Pump dot fun --> "We are live, CA:" --> Raydium>Orca --> Ansem
Phase 3:
Bubblemaps --> ZachXBT --> Dev Wallet --> Exit Liquidity.
Next.
#BullVerse #MemeOfTheDay
40 mins. ago
Did you know
All the world’s bacteria stacked on top of each other would stretch for 10 billion light-years
And could wrap around the Milky Way 20,000 times
All the world’s bacteria stacked on top of each other would stretch for 10 billion light-years
And could wrap around the Milky Way 20,000 times
50 mins. ago
Imagine blocking someone because your that salty about being overtaken 😂
Proves my point that you don’t actually care about your stolen content posting
You just care about being at the top
Atleast I was honest
Proves my point that you don’t actually care about your stolen content posting
You just care about being at the top
Atleast I was honest
3 hours ago
What is Maestro’s Trending List? 📈
Finding the right token to buy/snipe can be challenging. That’s where Maestro’s trending list comes in.
Maestro Premium members can use the /trending command to see an updated list of the hottest plays, ranked by number of Maestros interacting with each contract.
The list also distinguishes between low and high-volume users and separates pre-launch (ECA) and launched tokens
Check it out today in our Pro bot.
Finding the right token to buy/snipe can be challenging. That’s where Maestro’s trending list comes in.
Maestro Premium members can use the /trending command to see an updated list of the hottest plays, ranked by number of Maestros interacting with each contract.
The list also distinguishes between low and high-volume users and separates pre-launch (ECA) and launched tokens
Check it out today in our Pro bot.
6 hours ago
Automated scalping strategy update #2
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
3 hours ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
2 days ago
I've always been told to stop investing, that I'd lose my money. Yes, I've lost some, but I've made some too, and even if I lose it all, I'll keep trying, because the future belongs to those who fight through the tough times.
2 days ago
For those who think it's complicated to make money in crypto, you have an affiliation system if you bring people, you have brothers, sisters, friends, uncles who are intrigued by crypto. I don't know why it's so complicated when it's so simple. For money I advise you to take $bull , you'll thank me later.
1 day ago
For those who want to become rich, I have a question for you: what will you do if you believe in nothing and only listen to others, or if you're terrified for nothing? Mcdo is hiring, never forget it
2 days ago
Why working on automating your trading strategy?
Because as Warren Buffet once said, if you don't find a way to make money while you sleep you will work until you die.
Because as Warren Buffet once said, if you don't find a way to make money while you sleep you will work until you die.
22 hours ago
Marginfi, a (DeFi) platform on Solana, has announced the upcoming launch of MarginSwap, a new feature enabling permissionless margin trading on any token pair.
This development comes as Solana's meme coin ecosystem continues to flourish, with over 120,000 new tokens created on the blockchain in the last week alone.
This development comes as Solana's meme coin ecosystem continues to flourish, with over 120,000 new tokens created on the blockchain in the last week alone.
3 days ago
Weekly rewards will be distributed to the most active users on BullVerse!
Check your rank on the leaderboard.
Check your rank on the leaderboard.
24 hours ago
What is magicblock?
It's a taste of what's to come in the Solana gaming scene 🎮
A beginner's guide to the Onchain Game Engine 👇
Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.
To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.
MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.
I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.
What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.
Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.
The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.
What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.
MagicBlock’s Other Main Features
⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.
🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.
🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.
MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.
What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?
2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?
3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?
4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?
5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?
The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!
Written by WPeaster
It's a taste of what's to come in the Solana gaming scene 🎮
A beginner's guide to the Onchain Game Engine 👇
Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.
To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.
MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.
I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.
What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.
Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.
The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.
What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.
MagicBlock’s Other Main Features
⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.
🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.
🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.
MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.
What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?
2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?
3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?
4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?
5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?
The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!
Written by WPeaster
22 hours ago
. Uniswap Wallet integrates Transak to facilitate fiat-crypto conversions :
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
13 hours ago
Resilient venture capital investments despite the bear market
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
$3 .19 billion, this figure represents a modest increase compared to $3 .16 billion in the first quarter. This indicates continued growth despite a wider slowdown in the crypto market.
The total number of venture capital transactions also increased, from 682 in the first quarter to 739 in the second quarter! Getting closer to the record of 775 transactions set in the second quarter of 2022.
The increase in the median size of crypto transactions and pre-money assessments reflects a competitive investment environment.
The median size of crypto transactions increased from $3 million to $3 .2 million, while the pre-money assessment has leaped significantly! Going from $19 million to $37 million, approaching historic heights.
13 hours ago
ROLLBIT
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
13 hours ago
🔍 The GambleFi, trend or bullshit?
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
11 hours ago
BTC situation in the coming days
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
13 hours ago
https://t.me/hamster_koMba...
https://t.me/goose_agent_b...
Here are some telegram farming games with airdrop coming up
You can use my ref or go to their twitter and can use them without my ref link Upto you
https://t.me/goose_agent_b...
Here are some telegram farming games with airdrop coming up
You can use my ref or go to their twitter and can use them without my ref link Upto you
14 hours ago
What are the prizes for activity ?
Nothing personal but I’m taking top prize every time
And if you try to overtake me I’ll just spend 10+ Hours liking reposting and commenting on everything
Goodluck to you
Nothing personal but I’m taking top prize every time
And if you try to overtake me I’ll just spend 10+ Hours liking reposting and commenting on everything
Goodluck to you
