Conflux (CFX) Network has announced changes to key parameters following the conclusion of its 14th voting round. Key adjustments include increases in PoW block rewards and interest rates.
Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain.
BeInCrypto community recently had the pleasure of hosting Alon Muroch, SSV Labs Founder and a key contributor to SSV Network, in an insightful AMA session. As SSV celebrates its first year, Alon shared exciting developments, including the groundbreaking SSV2.0 upgrade and the introduction of Based Applications (bApps).
Metaplanet shares have risen 4,800% as the company, known as “Asia's MicroStrategy,” has stacked Bitcoin.
Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.
Cryptocurrency prices are crashing, with the total market capitalization of all coins falling by nearly 4% to under $3.6 trillion.
Velar launches the BTC Name Grant Program to drive .btc digital identity adoption and unify the Stacks ecosystem.
Velar's new initiative aims to improve Bitcoin interactions, partnering with Stacks and other leaders to enhance user identity management.
Velar and its partners have raised more than 6,000 STX to incentivize users to adopt the .BTC digital identity on the Stacks layer-2 network.
TL;DR SSV Network has launched a new 2.0 upgrade that integrates ‘based' apps directly with Ethereum's chain, enhancing the security and scalability of the ecosystem. The new security model allows direct participation in Ethereum's validator network without requiring additional tokens, eliminating risks of traditional restaking models.
The upgrade enables applications called based apps or “bApps” to connect directly to Ethereum's layer-1 chain.
SSV Network recently revealed SSV 2.0, a new bootstrapping model to bring “Based” Applications (bApps) to Ethereum. The new infrastructure framework aims to enhance the network's security and enable “truly decentralized” bApps without compromising Ethereum's core values.
Hermetica, a decentralized finance (DeFi) protocol operating on Bitcoin Layer 2 Stacks, has announced a major liquidity initiative that is set to establish USDh as the largest stablecoin within the Stacks ecosystem. USDh is Hermetica's Bitcoin-backed yield-bearing stablecoin. The protocol has finalised a liquidity deal that will bring in approximately $3 million in USDh liquidity.
Conflux (CFX) has launched a Bug Bounty Program, encouraging community members to report issues and suggest improvements, with rewards ranging from 10 to 500 CFX.
Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Neo (NEO), often dubbed the “Ethereum of China,” is a decentralized platform designed to facilitate the development of digital assets, smart contracts, and decentralized applications (dApps). Created by Chinese developers, it has become one of the most promising blockchain projects, attracting attention from developers and investors alike.
SSV Network's latest update integrates OpenTelemetry to boost observability and monitoring, offering enhanced user experience and future-proofing the client.
The cryptocurrency market has declined 3.6% to $3.4 trillion, with Bitcoin struggling amid downside pressure near $93k. BTC dominance has 54.2% as the benchmark asset's market cap hovers around $1.85 trillion. Meanwhile, the top altcoins Ethereum, XRP, BNB and Solana have witnessed corrections to key support areas.
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6.
As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.
Stacks (STX) has experienced a significant 26% decline over the past week, with its price falling to around $1.71 at the time of writing. The cryptocurrency has dropped sharply, but it is approaching a crucial support level, which could signal a potential rebound.
Stacks (STX) tumbled by 26% in a week, approaching the critical $1.75 support within a bullish channel.
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.
Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.
Starting in January 2025, Travala is the top crypto-friendly travel platform. This will let users book flights, hotels, and activities using sBTC and $STX.
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TL;DR Stacks has successfully launched sBTC on the mainnet, enabling Bitcoin integration into decentralized finance (DeFi). sBTC is fully backed by Bitcoin, ensuring its security and offering new opportunities in decentralized lending and exchanges.
The initial launch will allow deposit-only functionality with multiple features expected to follow in the first half of 2025.
According to reports from Bitcoin L2Labs, which leads the development of the layer-2 of Bitcoin Stacks, the launch of sBTC has been made official.
Stacks (STX), the blockchain project aimed at bringing smart contracts and decentralized applications to Bitcoin, has been experiencing notable upward momentum recently. In the past 24 hours alone, the cryptocurrency has surged by 11.63%, climbing from $2.27 to a high of $2.62 before slightly pulling back to $2.53.
Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October's Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network.
STX has experienced a strong upswing over the past month, hiking by 29.42%.
Several events are in the pipeline for the top crypto news this week, including updates in the Fantom ecosystem, the planned release of Stacks' network, project listings and airdrops, and key token unlock events.
The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.
Today, the crypto prices reflect bullish momentum as Bitcoin (BTC) touched a historic all-time high of $106K. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also witnessed gains over the last 24 hours.
The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed asset designed to bridge bitcoin with decentralized finance (defi) and Web3.
Stacks has announced the launch of a 35% annual percentage yield for Hermetica's stablecoin USDh, setting a record for the Stacks DeFi ecosystem. In a recent post on Dec.
Story Highlights The live price of the NEO token is . NEO price could reach a maximum of $24.88 in 2024. This Altcoin may reach a high of $102.35 by 2030. With a strong uptrend in the crypto market, the magic of altcoins is coming back as the buyers are gaining confidence.
Story Highlights The live price of the Stacks token is . The Stacks price could reach a high of $3.22 in 2024. With a potential surge, the price may hit $13.93 by 2030. The surge of STX price at the beginning of 2024 has hit a stumbling block, with resistance forming above the $3.665 level.
Will the upcoming sBTC upgrade in mid-December boost STX's price?
The Alan Fork on SSV Network has led to dramatic improvements in performance, reducing CPU and resource usage, and enhancing node efficiency and scalability, according to SSV Team.
Conflux (CFX) announces v2.4.1 upgrade, addressing RPC improvements, storage optimizations, and bug fixes, enhancing node stability and performance.
Stacks users can now do more with their STX tokens thanks to a partnership between Velar and Stacking DAO.
Velar is teaming up with StackingDAO to inject more liquidity into the market to support “Stackers”, or those who stake STX crypto to support the Stacks Layer-2 blockchain.
This is a big step before sBTC goes live on the mainnet, which is the real deal. Think of it like a rehearsal before the big performance.
Stacks (STX), a unique blockchain network designed to bring smart contract functionality to Bitcoin, has garnered significant attention within the cryptocurrency space. Unlike most blockchain platforms, which use traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, Stacks employs a Proof-of-Transfer (PoX) model.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).