Aurelia Butler

Attendees at the Polkadot booth can claim Proof of Presence (PoP) tokens, which will unlock stages in the evolution of their DOTphin avatars. These avatars are influenced by real-time ecological data and linked to marine conservation efforts.Powered by dynamic NFTs, DOTphin seeks to boost event engagement and create real-world ecological impact, turning participation into an interactive experience. Supported by the Polkadot community through OpenGov, the project debuted at Polkadot Decoded 2024.DOTphin merges blockchain with environmental impact, allowing users to engage with NFTs while supporting real-world conservation. By interacting with the DOTphin avatars, participants contribute to marine preservation through data provided by SNI’s partner, Aquasearch.SNI CEO Catherine Bischoff explains, “Through DOTphin, we have pioneered a groundbreaking approach to merge community engagement and the protection of our natural world by connecting digital collectibles with living entities. We add meaning to virtual realms by distributing dynamic assets that are verifiably making real world impact.”Attendees can claim their avatars by visiting the SNI website or scanning QR codes at the event. Once collected, avatars can be evolved through the REAL portal, where each user’s collected PoPs will influence the growth and appearance of their DOTphin.The avatars feature a design inspired by Japanese anime to create a meaningful connection between users and their digital companions.Polkadot Decoded Asia was held on September 16-17, 2024, in Singapore during TOKEN2049 Week. The conference highlighted the Polkadot ecosystem and key developments in the Web 3.0 space, with significant preparations leading up to the event.Despite market challenges, developer activity in the Polkadot ecosystem remains strong. Per its recent statistics, the network now hosts 29,917 repositories, with weekly commits exceeding 5,500. Around 900 developers contribute each week as well, keeping the ecosystem’s momentum active. More

Key Takeaways:The upcoming IFO will run from September 24, 2024, at 10:15 AM UTC to September 25, 2024, at 10:15 AM UTC. This venture marks a significant moment for PancakeSwap as it introduces its popular IFO model to Arbitrum, following previous successful launches of Swap, Yield Farming, Prediction Markets, and Perpetual Trading on the network.Eigenpie represents an innovative approach in the DeFi space. Built on EigenLayer, Eigenpie is a Liquid Restaking Protocol that enables users to restake their ETH or Liquid Staking Tokens (LSTs). The restaked asset is used to validate other services while allowing users to maintain liquidity via a Liquid Restaking Token (LRT). The centerpiece of this IFO is the EGP token, which serves as Eigenpie’s native governance token. EGP allows its holders to participate in protocol governance, potentially earn rewards from engagement, and amplify their influence through vote-locked EGP (vlEGP). Participation in the IFO will be accessible through two primary channels. The Basic IFO will be open to all CAKE holders. For those with veCAKE on BNB Chain, a Public IFO will provide exclusive access with a reduced participation fee. Participants will need to lock CAKE to receive veCAKE, which they will then use to join the IFO.Disclaimer and Risk Warning: This content is for informational and educational purposes only and does not constitute financial, legal, or professional advice. It is not a recommendation to purchase any specific product or service. Please consult with qualified advisors for personalized guidance. Participation in the IFO involves risks and may be restricted in some areas. Ensure you comply with local laws and regulations before participating.About PancakeSwapPancakeSwap is a leading multichain decentralized exchange that operates on an automated market maker (AMM) model and is available across nine chains: BNB Chain, Ethereum, Aptos, Polygon zkEVM, zkSync Era, Arbitrum One, Linea, Base, and opBNB. Launched in 2020, PancakeSwap is one of the most popular DEXs in the cryptocurrency industry due to its low transaction fees, high-speed trading, and user-friendly platform. PancakeSwap has over $828 billion in cumulative trading volume and over $1.58 billion in total value locked, making it a leading multichain DEX in the industry. For more information, users can visit https://pancakeswap.finance/[email protected] article was originally published on Chainwire More

It emphasizes cautious optimism amid ongoing market movements. Woo anticipates that Bitcoin’s current bullish swing will continue in the near future, probably for an additional week. Bitcoin is displaying a bull flag on the chart, a typical technical pattern that denotes a sustained upward movement following a brief period of consolidation.This is a promising signal for traders seeking quick profits over the coming days. Woo notes that when taking derivatives into account, exchange inventory stays flat, and there is a notable accumulation of spot Bitcoin in the medium term. This implies that although there has not been much movement in derivatives trading, there is consistent buying going on in the spot market, especially by investors and long-term holders. The accumulation of Bitcoin may portend an impending bull market move, particularly if the demand continues. But Woo is still being cautious. The market is not under pressure to sell off right now, but it has not completely transitioned to a bullish structure either. The demand and supply dynamics at this point are neutral to bearish. Woo points out that a possible short squeeze might swiftly alter the situation and cause liquidations, which would raise the price of Bitcoin. Should that occur, there is a chance that the market will firmly enter a bullish phase. As usual, Woo’s analysis provides traders and investors with insightful information.This article was originally published on U.Today More

VIKITA, a memecoin operating on the SunPump platform, has been listed on the Poloniex exchange, available for trading against USDT (Tether). Built on the TRON blockchain, VIKITA benefits from fast, low-cost transactions, providing users with an efficient trading experience.SunPump, the platform hosting VIKITA, specializes in supporting memecoins, allowing users to create, buy, and sell tokens without the need for initial liquidity. This structure aims to simplify access to token creation and trading for users within the ecosystem.With a limited supply of 1 million tokens, VIKITA has seen notable trading activity since its listing. The liquidity of the token has surpassed $300,000, while the daily trading volume has exceeded 1 million TRX. The token has also reached a market capitalization of over $7 million as of the date of this release, placing it among the top 10 tokens by market capitalization on the SunPump platform.VIKITA’s distribution has been managed exclusively through SunPump, ensuring transparency in the process. The platform’s structure seeks to eliminate potential risks of manipulation.SunPump is a growing platform within the TRON ecosystem, known for its role in facilitating USDT trading. The platform’s focus on memecoins has attracted significant interest in VIKITA, contributing to its early market performance.About VIKITAVIKITA is a memecoin built on the TRON network and operates on the SunPump platform, which is designed to support the creation, buying, and selling of memecoins without requiring initial liquidity. With a limited supply of 1 million tokens, VIKITA offers fast, low-cost transactions, benefiting from TRON’s blockchain infrastructure. Since its launch, VIKITA has gained significant attention in the market, becoming one of the top tokens by market capitalization on the SunPump platform.ContactJessica [email protected] article was originally published on Chainwire More

According to Scaramucci, a combination of expected Federal Reserve rate cuts and a clearer regulatory framework in the U.S. might serve as key catalysts for a significant Bitcoin price surge.Scaramucci believes that the Fed might likely reduce borrowing costs by a half point on Wednesday, as part of at least 150 basis points of reduction over the following 18 months.This move is “going to be really good for asset prices in the US and globally,” Scaramucci stated, adding that Bitcoin may reach $100,000 by the end of the year.Bitcoin hit an all-time high of $73,798 in mid-March, boosted by demand for U.S. exchange-traded funds. The surge then slowed as inflows into ETFs declined.Investors are looking for signals about what Fed interest rate policy will look like for the rest of the year and whether further cuts are on the way.Fed Chairman Jerome Powell is scheduled to hold a post-meeting press conference, which may reveal new insights into the central bank’s thinking.The largest cryptocurrency by market capitalization rose to a high of $61,373 in Tuesday’s trading session, its highest price in three weeks at $61,330, before losing some of its gains. It just traded slightly below $60,000, but still up 1.18% in the last 24 hours.According to crypto analyst Ali Martinez, Bitcoin may experience a minor pullback after the TD Sequential indicator has produced a sell signal on the BTC one-hour chart.Meanwhile, on the upside, on-chain resistance levels are relatively evenly spread; according to IntoTheblock, a key level to observe is $64,000, where 1.57 million addresses are now holding at a loss.This article was originally published on U.Today More

The collaboration sets a new standard in decentralized finance (DeFi) by shifting blockchain transaction risk away from end users for the first time.OpenCover, a leading platform for blockchain insurance and insurance alternatives backed by Coinbase (NASDAQ:COIN) Venture’s Base Ecosystem Fund, NFX, Jump, Alliance, Village Global and Orange DAO is announcing a strategic partnership with Request Finance and Nexus Mutual. This collaboration marks a historic milestone in decentralized finance (DeFi), offering unparalleled protection for blockchain users across multiple blockchain ecosystems including Ethereum, Arbitrum, Polygon, BNB, Optimism and Avalanche.For the first time, eligible transactions on Request Finance are covered up to $100,000. This protects end-users from the main technical, economic, and security risks inherent to blockchain transactions, making onchain finance safer and matching transaction guarantees on traditional financial infrastructure.Traditionally, the “your keys, your coins” mantra placed the full burden of blockchain risk — such as oracle price feed errors, smart contract bugs and stablecoins losing their peg — directly on the end-user.OpenCover’s new Transaction Cover, underwritten by Nexus Mutual, transfers the risk of failure or unforeseen blockchain transaction outcomes away from the end-user. Users now benefit from the same transaction guarantees typically seen in traditional finance but with the advantages of faster settlement times, full transparency, and significantly lower fees attained by using blockchain rails.About OpenCover (https://opencover.com)Founded by Y Combinator alumni Jeremiah Smith and Yury Oparin, OpenCover works with top-tier underwriters to provide individuals and institutions protection against onchain risks, including transaction and protocol risk.About Request Finance (https://request.finance)Request Finance is a comprehensive invoicing, payment, and accounting platform for Web2 and Web3 businesses. By simplifying payments in both crypto and fiat currencies, Request Finance is helping businesses embrace decentralized finance while ensuring transparency and efficiency. Request has processed over $800 million in transactions since 2020.About Nexus Mutual (https://nexusmutual.io/)Nexus Mutual is the leading crypto insurance alternative for protocol and other blockchain risks. The mutual has underwritten close to $5 billion in risk since being established in 2019.ContactCo-founder and CEOJeremiah [email protected] article was originally published on Chainwire More