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Author: CryptoPress

Blast - An Ethereum Layer 2 Project with a Controversial Airdrop

Blast: An Ethereum Layer 2 Project with a Controversial Airdrop

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What is Blast? Blast is an Ethereum layer 2 (L2) solution aiming to improve scalability and transaction speed. Founded by Blur’s founder, Blast boasts features like native yield opportunities for staked ETH and stablecoins, attracting significant attention from the crypto community. The Buzz Around the Blast Airdrop Blast launched its airdrop on November 21, 2023, offering users the chance to earn its native token, BLAST. The...

Airdrop, Ethereum, Front page, Main

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Crypto Today - Block Launches Bitkey, CoinShares Reports Inflows, A16z Predicts Trends

Crypto Today: Block Launches Bitkey, CoinShares Reports Inflows, A16z Predicts Trends

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In this edition of Crypto Today, we cover some of the latest developments in the crypto space, including a new self-custody wallet from Jack Dorsey’s Block, a report on the inflows into digital asset investment products, and a forecast of the trends to watch in 2024 by a16z. Block Launches Bitkey Worldwide Block, the company formerly known as Square Crypto and led by Twitter CEO Jack Dorsey, has launched its self-custody wallet Bitkey...

Crypto adoption, Cryptocurrencies

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Jito Airdrop

JTO Airdrop: Solana’s DeFi Ecosystem Gets a Huge Boost

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Jito Launches $JTO Airdrop: Community Takes the Reins Jito Labs, the driving force behind Solana’s innovative MEV (Miner Extractable Value) solutions, has made a significant move towards decentralized governance by launching its native token, JTO. A whopping 115 million JTO tokens will be distributed to the community, with 80% allocated to JitoSOL users who actively participated in the Jito Points program before November 25,...

Airdrop, Front page, Main

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OFF-CHAIN ​​TRANSACTION

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The term refers to an operation that occurs outside the main infrastructure of a blockchain. In the context of cryptocurrencies, this implies that the transaction is carried out privately or semi-privately and is possible thanks to scalability solutions and second level layers, such as payment channels or sidechains, which allow users to carry out a series of transactions “off” the main chain before recording the results on the public...

Blockchain, Cryptocurrencies, Glossary

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ON-BALANCE VOLUME (OBV)

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It is a technical indicator used in crypto business analysis and other financial markets to measure the buying and selling pressure behind a particular asset. It was originally developed by Joseph Granville and is based on the premise that changes in trading volume can precede significant movements in the price of an asset. Calculating On-Balance Volume involves adding or subtracting the trading volume of the asset based on the price...

Cryptocurrencies, Glossary, Trading

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