Pinakabagong Balita sa Crypto at Market Updates

An Overview Of The Inter-Blockchain Communication (IBC) Protocol

An Overview Of The Inter-Blockchain Communication (IBC) Protocol　　Before bridges, blockchains operated as isolated networks that could not communicate directly. The crypto industrys advancement led to bridges connecting different blockchains, enabling interoperability.　　Interoperability means using a permissionless method to exchange data about transactions across blockchains.　　Unlike bridges, the Inter-Blockchain Communication Protocol (IBC) establishes rules and standards for achieving interoperability, directly facilitating cross-chain communication. Blockchains can share information about their state or transactions by adopting this protocol.　　Although part of the Interchain Stack, which Interchain developed for blockchain development, IBC‘s use isn’t limited to the Cosmos Ecosystem. Any blockchain meeting specific requirements can implement IBC for secure information exchange.　　This article offers insights into IBC, how it functions, eligible blockchains, and its benefits.　　What Is The IBC Protocol？　　IBC is an open-source protocol that relays messages between separate distributed ledgers, connecting independent blockchains.　　It facilitates data sharing and communication between blockchains or “zones,” allowing safe information exchange, asset swapping, and interaction.　　Introduced by Cosmos Network in 2019, IBC addresses the challenge of isolated blockchains by enabling secure asset and data exchange, fostering a more accessible and scalable blockchain ecosystem.　　The Interchain Foundation (ICF) established Interchain Standards (ICS) to define the necessary functions for the IBC protocol within the Cosmos ecosystem.　　IBC offers

2024-04-21Industriya

Cardano Oscillates Above $0.40 Habang Inaagaw ng Bulls Ang Inisyatiba

The recovery of Cardano (ADA) after the previous decline is hindered as the price falls below the moving average lines and above the $0.40 support.　　Pangmatagalang forecast para sa presyo ng Cardano: bearish　　The cryptocurrency had previously risen to a high of $0.80 on March 4, but failed to rise above this level. Since April 13, the ADA price has been oscillating above the existing support of $0.40. The current support is the breakout level of November 16, 2023.　　If the bears break the existing support, ADA will drop to a low of $0.25. However, if the existing support holds, the price of the cryptocurrency will rise. Cardano will rise and retest or break through resistance at $0.60, with a rise above the moving averages. Cardano is trading at $0.47 at the time of writing.　　Pagsusuri ng mga tagapagpahiwatig ng Cardano　　The horizontal moving average lines are moving down and above the price bars. The price of ADA is threatening to fall as it is trading in a bearish trend zone. Currently, the decline has paused above the $0.40 support. On the 4-hour chart, the price bars appear between the moving average lines, indicating potential volatility between the lines.　　Teknikal na mga tagapagpabatid　　Mga pangunahing zone ng

2024-04-21Industriya

Kumita ng Passive Income Hanggang 26% sa StakingFarm

Kumita ng Passive Income Hanggang 26% sa StakingFarm　　Cryptocurrencies brought decentralized digital money into mainstream finance, allowing peer-to-peer transfer of value online without intermediaries. Today, cryptocurrency is a $3.8 billion market that has revolutionized the concept of money.　　With the advent of technological advancements in the crypto ecosystem, several innovations have also been introduced that go beyond traditional trading, investing or spending crypto. Staking is one such innovation in the crypto ecosystem which has brought forward new opportunities to earn passive income on your portfolio.　　Crypto staking refers to the process of temporarily depositing crypto funds into associated blockchain networks to help validate transactions in return for recurring rewards　　When it comes to staking, Stakingfarm makes participating in blockchain networks easy, enabling average crypto owners to unlock up to 26% returns yearly on assets just sitting idle otherwise. Well explore staking basics and why industry-leading Stakingfarm gets your foot through the passive money door seamlessly.　　Ano ang Crypto Staking？　　Cryptocurrency staking is akin to earning interest on savings accounts bank stakers pay you for assisting their business operations. Heres a simplified explanation:　　Cryptos like Ethereum rely on global contributor nodes supporting infrastructure security and verification beyond core developer teams alone. By committing your crypto assets into pools

2024-04-21Industriya

An Explainer On Ethereums Restaking Protocol

Restaking is simple: you stake your assets in multiple projects simultaneously, potentially doubling your earnings. While not a new idea, it emerged alongside the expansion of decentralized exchanges in 2018.　　This article delves into staking and restaking processes, their benefits for the cryptocurrency ecosystem, and forecasts their future evolution.　　Ano ang EigenLayer？　　EigenLayer is an Ethereum-based system that introduces restaking, a new standard in crypto-economic security. It essentially allows for the reuse of ETH on the consensus layer.　　Users that stake ETH natively or with a liquid staking token (LST) can use EigenLayer smart contracts to restake their ETH or LST and expand crypto-economic security to other applications on the network, earning further benefits.　　How Does EigenLayer Work？　　EigenLayer introduces a novel approach to cryptoeconomic security, addressing challenges in Web3 networks like Ethereum. Traditional blockchain designs often result in fragmented security, especially on Ethereum, where each application creates its trust network.　　This process is resource-intensive and time-consuming. EigenLayer tackles this issue by introducing a new concept called the restaking primitive. Restaking is implemented through a set of smart contracts where users stake $ETH to extend security to other applications on the network.　　EigenLayer allows users to reutilize their locked $ETH for broader security purposes. It creates a middle

2024-04-21Ethereum

Bakit Ang Bitgert Coin ay Maaaring Magtagumpay sa Post-Bitcoin Halving?

Bakit Ang Bitgert Coin ay Maaaring Magtagumpay sa Post-Bitcoin Halving？　　With the Bitcoin halving event occurring, every person is worried about what will happen to the rest of the cryptocurrencies. Many people are also wondering about Bitgert‘s BRISE coin, as it is a considerably new currency for the market. According to the experts, the Bitcoin halving will not impact any other token in the market. Besides, Bitgert’s BRISE coin has gained a separate momentum that cannot be disturbed.　　Bitgert‘s BRISE coin has become one of the fastest-growing tokens in history. It is making its way to the top of the crypto market. Bitgert’s BRISE coin makes it easier for new investors to choose through its exceptional journey through the market.　　Let‘s observe how Bitgert’s BRISE coin is rising in the market and what is so special about this token.　　What is the Cause of BRISE Coins Growth？　　Bitgerts BRISE coin is growing rapidly because the Bitgert blockchain network backs it up. Bitgert was introduced to the market in late 2021 to compete with larger players like Solana and Cardano. Bitgert has already received projects like Startup Studio, Omniaverse, Miidas NFT Marketplace, etc., pulling a lot of cash flow into the ecosystem.　　The Bitgert chain works

2024-04-21Industriya

Dencun Upgrade Ignites Ethereum Layer 2 Ecosystem Amidst Lower Transaction Fees ⋆ ZyCrypto

Balita ng Ethereum ng Bitcoin　　The Ethereum ecosystem reached a significant milestone on Saturday, April 13, with the successful implementation of the long-awaited Dencun upgrade. Notably, this upgrade arrived at a critical moment, injecting renewed vigour into Ethereums Layer 2 ecosystem while promising reduced transaction fees.　　The pundit further emphasized that the upgrade achieves this by introducing an independent section of data space within each block, known as “blobs.” These blobs contain data inaccessible to the Ethereum Virtual Machine (EVM), streamlining the block verification process without compromising data availability.　　It is important to note that Ethereum has been tackling longstanding scalability issues and expensive transaction fees, pitting it against faster chains like Solana. In response to these challenges, the Ethereum community initiated the development of Ethereum 2.0, a multi-phase upgrade designed to address scalability concerns.　　The recent Dencun upgrade, also known as EIP-4844, marks a significant milestone in Ethereums evolution, particularly in addressing Layer 2 scalability challenges. By dedicating storage space on the Ethereum network for these solutions, the upgrade has led to a remarkable reduction in transaction fees for roll-ups, with some experiencing drops of over 90%. This dramatic decrease has paved the way for a surge in new users and attracted substantial

2024-04-20Ethereum

Na-hack ang DeFi Platform ng hindi bababa sa $1,900,000 at Posibleng Higit pa sa Ethereum at Arbitrum Blockchain

Ethereum　　Na-hack ang DeFi Platform ng hindi bababa sa $1,900,000 at Posibleng Higit pa sa Ethereum at Arbitrum Blockchain　　A decentralized finance (DeFI) protocol has been hacked to the tune of millions of dollars over the Ethereum (ETH) and Arbitrum (ARB) blockchains.　　In a new announcement, cybersecurity firm Cyvers sabi ni that DeFi platform Hedgey Finance has been breached by bad actors who took at least $1.9 million worth of funds that were converted to the stablecoin Dai (DAI).　　According to Hedgey Finance, users should be pagkansela active claims related to the Hedgey Token Claim Contract, which allows users to create token claims for recipients while having greater control over when claimed tokens are unlocked.　　However, citing a since-deleted X post from Cyvers, on-chain analyst Colin Wu sabi ni that Hedgey suffered a significantly larger loss totaling over $44 million.　　Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na maaari mong makuha ay ang

2024-04-20Ethereum

Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows

Bitcoin Ethereum　　Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows　　Balita ng Ethereum ng Bitcoin　　For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform.　　This surge in Bitcoin transaction fees has been associated with the growing anticipation surrounding the upcoming halving event and the Runes upgrade.　　Bitcoin Fees Surpasses Ethereum for 4 Consecutive Days　　On April 18, Bitcoin fees totaled $6.81 million compared to $5.04 million in Ethereum. On the other hand, Bitcoin miners collected $7.47 million in fees, surpassing Ethereum stakers with $7.31 million on April 17.　　Similarly, Bitcoin miners received $9.98 million and $5.91 million on April 15 and 16, respectively. The amount was more than Ethereums by $3.5 million and 1.1 million on the respective days.　　However, Ethereum maintains a slight edge on a 7-day average fee basis, with $8.02 million compared to Bitcoins $7.45 million.　　The Bitcoin fee increase coincides with the highly anticipated halving event on April 20 that will see mining rewards go from 6.25 BTC to 3.125 BTC. Approximately 900 BTC are mined daily currently, which is about $57.2 million at current prices.　　Following the halving, where approximately 450 BTC will be mined daily, miners will

2024-04-20Ethereum

Makakakita kaya ang UNI ng Karagdagang Pagbaba?

Tech　　Makakakita kaya ang UNI ng Karagdagang Pagbaba？　　The Uniswap (UNI) price has experienced a significant decline this month, halving in value. Since its peak last month, it has already fallen by over 65.4%. 　　Whether the UNI price will continue to decline further or experience an upswing in the near future depends on various factors, including market sentiment, investor activity, and broader market trends. Its difficult to predict with certainty, but monitoring key support and resistance levels and relevant market indicators can provide insights into potential price movements.　　Uniswap Price Tumbles More Than 65% Since Last Month　　The substantial decline in the Uniswap price, approximately 65.4% since last month and 54.5% this month reflects a significant downward trend. The Moving Average Convergence/Divergence Indicator (MACD) histogram is further evidenced by the bearish movement, which is beginning to show a bearish trend this month.　　Uniswap Price Chart . Source: Tradingview　　Despite this, the MACD lines remain crossed bullishly, and the Relative Strength Index (RSI) is currently neutral.　　With Uniswap breaking the golden ratio support at approximately $8.5, it is now seeking substantial support from $4.72 to $5.86. This suggests a critical juncture for Uniswap as it navigates these support levels amid the broader market conditions.　　Uniswap Price Approaching Critical Buy

2024-04-19Industriya

Binago ng Binance ang $1 Bilyon sa SAFU Bitcoin Reserves sa USDC

Binago ng Binance ang $1 Bilyon sa SAFU Bitcoin Reserves sa USDC　　Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: Whats Behind the […]

2024-04-19Industriya

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