News Plus | ForkLog

ForkLog 7 16.04.2024

Experts Discuss Halving’s Impact on Altcoins

Altcoins will respond differently to the reduction in rewards for Bitcoin miners, influenced by factors such as tokenomics, value proposition, and their overall contribution to decentralization. This was stated by several experts in a conversation with Cointelegraph. Preparing for the Event Historically, Bitcoin experiences exponential growth following a halving, which subsequently affects the entire cryptocurrency […]

AI translated

ForkLog 8 15.04.2024

Miners Pursue First ‘Epic’ Satoshi Post-Halving

Bitcoin mining companies are vying to mine the first block post-halving to obtain an ‘epic’ satoshi, potentially valued at several million dollars, according to CoinDesk. What is the value? Approximately two years ago, Casey Rodarmor, creator of the Ordinals protocol on the blockchain of the first cryptocurrency, developed a system for classifying the rarity of […]

AI translated

ForkLog 14 12.04.2024

Hong Kong’s Bitcoin ETF Demand Could Reach $25 Billion, Says Matrixport

If spot exchange-traded funds (ETFs) based on the leading cryptocurrency are launched in Hong Kong, demand from Chinese investors could reach $25 billion, according to a report by CoinDesk citing Matrixport. “The likely approval of a Hong Kong-listed bitcoin ETF will attract several billion dollars of capital, as market participants from mainland China will take […]

AI translated

ForkLog 7 12.04.2024

Bitcoin Halving: Historical Impact on the Industry

Bitcoin halving reduces issuance rates and attracts new market participants. The upcoming event will occur after reaching a historical high. Halving will take place amid a steady inflow of funds into ETFs and a surge in L2 and DeFi activity. The forthcoming halving in April 2024 will occur under unprecedented conditions. Analysts at Binance have […]

AI translated

ForkLog 9 11.04.2024

Implications of the SEC’s Confrontation with Uniswap

What will be the outcome of the proceedings? What does the SEC and Uniswap confrontation mean for users? Which other DeFi solutions might attract US authorities’ attention? A potential lawsuit by the SEC against the decentralized exchange Uniswap could set a significant precedent for the cryptocurrency market, though experts consulted by ForkLog express doubts about […]

AI translated

ForkLog 11 11.04.2024

SEC’s Allegations Against Uniswap Spark DeFi Community Backlash

Uniswap has received a Wells notice from the SEC, potentially leading to a lawsuit. The exchange’s team expressed readiness to fight, deeming the regulator’s arguments weak. The community rallied in support of Uniswap and its founder, Hayden Adams. The largest decentralized exchange, Uniswap, has received a warning from the U.S. Securities and Exchange Commission (SEC) […]

AI translated

ForkLog 10 11.04.2024

Toncoin Surpasses Cardano in Market Capitalisation After Reaching New High

TON reached an all-time high of $7.6. The asset’s growth is driven by numerous announcements from The Open Network and Telegram. On April 11, the price of Toncoin (TON) exceeded $7.6, marking a new all-time high. Over the past week, the asset has risen by approximately 50%. 15-minute chart of TON/USDT on OKX exchange. Data: […]

AI translated

ForkLog 18 09.04.2024

China’s UBTech Partners with Baidu to Develop AI-Enhanced Humanoid Robot

UBTech has partnered with Baidu to develop the industrial android Walker. A trend is emerging towards humanoid machines equipped with AI models. Robots can assist in solving everyday tasks. Chinese company UBTech has partnered with Baidu to integrate speech and reasoning capabilities into the industrial humanoid Walker S. An Android with a Chatbot Brain The […]

AI translated

ForkLog 21 09.04.2024

Bitcoin Mining Costs Set to Surge Post-Halving, Expert Reveals

The cost of mining Bitcoin using the Antminer S19 XP is expected to rise from $40,000 to $80,000 following the halving, according to Ki Young Ju, CEO of CryptoQuant. #Bitcoin mining costs are set to double by the end of the month after the halving, jumping from $40K to $80K for S19 XPs, commonly utilized […]

AI translated

ForkLog 16 09.04.2024

One in Six Meme Tokens on Base is Fraudulent, 91% Have Vulnerabilities, Study Finds

Since the Dencun update, which reduced fees in L2 solutions, Coinbase’s Base protocol has seen a sharp increase in users, transactions, and TVL. Meme coins dominate much of this activity, with one in six coins being a scam, according to a report by Cointelegraph Magazine. Researchers compiled “profiles” of 1,000 tokens launched between March 19 […]

AI translated

ForkLog 9 08.04.2024

FTX Investors Outraged by Discounted $1.9 Billion SOL Sale

FTX creditors have expressed strong disapproval over the sale of Solana (SOL) tokens, valued at approximately $1.9 billion, by the bankrupt exchange at a 62% discount. According to Bloomberg, FTX administrators sold about two-thirds of the company’s SOL reserves, worth $2.6 billion. Sources revealed that 25-30 million tokens were sold at $64 each, while the […]

AI translated

ForkLog 16 05.04.2024

Bitcoin Resilience, Uniswap’s $2 Trillion Milestone, and Solana’s Ongoing Woes: A Market Overview

Bitcoin shows resilience amid bearish selling, while Solana faces transaction processing difficulties. ForkLog compiles the latest news and expert opinions on the market situation. Bitcoin’s Strength The leading cryptocurrency holds steady at $66,000-$67,000 despite trader pressure. Sellers have failed to trigger a classic bull market correction in this cycle, according to analyst Checkmate. Still my […]

AI translated

#News Plus