Users can convert eUSD to peUSD, which aims to be friendlier for high-frequency traders – a term that describes a wide range of automated trading firms, including market makers and other vital liquidity providers – that use decentralized finance protocols, said 0xP, Lybra’s pseudonymous head of commercial partnerships. Source
P0x Labs, the cryptographic development team behind Manta Network, has announced that it raised $25 million in a Series A funding round, with leading contributions from Polychain Capital and Qiming Venture Partners. The funding gives the company a $500 million valuation. Additionally, Manta Network has introduced the testnet of its layer-2 infrastructure, Manta Pacific, within its ecosystem for zero-knowledge (ZK) applications, according to a company statement. The raised funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific. In an interview with Cointelegraph,…
ATPBot has released an auto-trading bot with simplified features for both novice and experienced traders. ATPBot focuses on quantitative trading strategy development and services. ATPBot utilizes artificial intelligence (AI) to develop and execute quantitative trading strategies for cryptocurrency investors. It offers preset parameters and extensive historical back-testing, providing users with proven strategy options without manual configuration. Source: ATPBot, 40-month backtest profit 879%, max drawdown 33% Using ATPBot requires three steps. After connecting to a crypto exchange API, the user selects a strategy that matches their requirements and enters the investment amount.…
Decentralized applications could tap into improved privacy features as blockchain firm Oasis launches its confidential EVM-compatible blockchain Sapphire. Sapphire and the Oasis Privacy Layer (OPL) are now live, allowing existing decentralized applications (DApp) on Ethereum Virtual Machine (EVM) networks to make use of the blockchain’s privacy-first features without having to carry out cross-chain swaps for respective tokens. Cointelegraph reached out to Oasis to unpack the core components of the Sapphire blockchain and how it could help drive cross-chain Web3 development focused on privacy features for smart contracts. Oasis Foundation director…
Golden Inu has listed its ERC-20 GOLDEN token on Uniswap, a decentralized exchange. The platform offers a dual-token ecosystem that adds “a touch of seriousness” to the meme coin sphere. Launch on Uniswap The launch of Golden Inu on Uniswap follows a successful crowdfunding that raised nearly $338,000 for development. Within 24 hours, the token gained approximately 19%, reaching its all-time high of $0.00000000001. Over 80 traders bought coins on launch day, pointing to interest from investors who might want to hold the token in the long haul. Currently, over 833 wallet…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On July 17, the world’s largest crypto exchange by trading volume, Binance, announced the launch of the arkham (ARKM) token sale on its launchpad, making it the 35th project on the platform. However, ARKM’s launch will be different since there will be mechanisms to “protect investors from volatility.” At the same time, Binance said the launch of the ARKM will be set at $0.50 — 10 times the public sale price — for the first five…
The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains. In a July 17 post on the Chainlink blog, Chainlink Labs’ Chief Product Officer Kemal El Moujahid announced that its Cross-Chain Interoperability Protocol (CCIP) has launched under early access on Ethereum, Avalanche, Polygon, Arbitrum, and Optimism. Developers on these platforms will have access to CCIP on their respective testnets on July 20. 1/ The Chainlink Cross-Chain Interoperability Protocol…
CryptoX – Cryptocurrency Analysis and News Portal UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV. Source The post Uniswap Launches Cross-AMM Protocol UniswapX appeared first on CryptoX. CryptoX Portal
Ethereum layer-2 scaling solution zkSync Era has launched a new Scalable Transparent Argument of Knowledge (STARK)-based proof system called Boojum that promises to run on consumer-grade general processing units (GPUs). ZkSync Era is one of a handful of Ethereum scaling protocols using zero-knowledge rollups (ZK-rollups) to increase capacity and speed while reducing fees. ZK-rollups mostly use two prominent proof systems: zk-STARKs and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs). The new Boojum proof system is based on a Rust-based cryptographic library from zkSync that implements an upgraded version of arithmetic circuits for zkSync Era…
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