What is zkSync ?

#zkSync is a Layer 2 blockchain scaling solution on Ethereum that uses zero-knowledge rollups to deliver faster and cheaper transactions on its network while maintaining a high level of security.

Key Features:
#Network zkSync is a network of ZK chains, high-performance, verifiable, modular rollups and validiums powered by ZKsync.

#Token The token is ZK, going to list on Binance and other exchanges.

#Purpose: zkSync aims to solve the problems of high fees and slow transactions on the Ethereum network.

#Backers The project has received substantial funding from investors like Blockchain Capital, Dragonfly, LightSpeed Venture Partners, Variant, and a16z.

Additional Information:

#Website You can find more information about zkSync on its official website.

#Whitepaper The project's whitepaper provides a detailed overview of its technology and goals.

#Community: You can join the zkSync community on social media platforms or forums to stay updated on its developments.

📇 700,000 new addresses were created in the Bitcoin network per day
This confirms expectations of another parabolic rise, according to analyst Ali Martinez. According to him, we should pay attention to this event as it may indicate future price changes. From August 8 to the present, both the bitcoin price and the number of new addresses have been on an upward trend, despite differences in their growth trajectories.
#BTC🔥🔥 #Network #networks #ERC20 #Bitcoin_Talk

🇬🇧 The UK financial watchdog is shutting down an illegal network of crypto #ATMs .

The UK Financial Conduct Authority (#FCA ) has made headlines by filing its first charges against an individual operating illegal cryptocurrency ATMs. 🚫🏧

Olumide Osunkoya, 45, ran a #Network of these unregistered machines, processing a staggering £2.6 million in #digitalassets from late 2021 to September 2023.

Osunkoya faces multiple charges under the Money Laundering Regulations and the Proceeds of Crime Act, including the use of fake documents and possession of criminal property. 🧐

This action is part of the FCA's crackdown on unauthorized crypto ATMs, which has already led to the shutdown of 26 machines across the UK. 🤷
#CPI_BTC_Watch

In just four months, the Runes protocol, launched in April 2024 on the Bitcoin blockchain for non-fungible tokens (NFTs), has facilitated 15.6 million transactions, generating $162.4 million in fees.

Data from Dune Analytics reveals that most of this activity occurred within the first two months post-launch, with daily transactions averaging over 300,000. On April 23 alone, NFT investors executed over 1 million transactions, accounting for approximately 81.3% of the total throughput on the Bitcoin network.

However, activity on Runes has significantly declined over the past two months, with daily transactions now averaging around 50,000. This reduction has allowed the Bitcoin blockchain to reassert its dominance, with the flagship cryptocurrency handling roughly 90% of network activity since July 16, while the remaining 10% is shared between the Ordinals, BRC-20, and Runes protocols.

Initially touted by its developers as a strong successor to Ordinals and a direct competitor to BRC-20, Runes managed to surpass BRC-20 in daily transaction volume for most of its first four months, except for 13 days when BRC-20 briefly outpaced it. $BTC

#NFT​ #NFTRewards #BRC20Projects #BTC☀ #Network

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#𝐍𝐎𝐕𝐀 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 Nova Network 🌐
Nova Network is the world's largest Web3 SocialFi platform. Join by invitation and earn Novas token for this once-in-a-lifetime opportunity.

Are you ready to take control of your social media experience? 📱 (Invite Code: Graham)

Nova #Network is the new rising star in town. An invitation-only, user-owned Web 3 SocialFi app that lets you create, vote, and earn tokens with unique dual tokenomics. 💫

Get ready to discover the world of #UGC, explore top-notch content, and earn rewards like never before. 💰

Download App From Play Store:
● Signup/Signin with Google.
● Submit Refer Code: Graham👈✅

● Verify email.
● Login & Start mining. ⛏️
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Check-in 10 days to get KYC

#NovaNetwork #NovaMining #MiningApp 🔥

(BTC): 3 Silent Network Movers No One Pays Attention To

Bitcoin (BTC) remains the most capitalized digital currency in the world, and it gets a lot of attention as the industry's primary mover. A lot of people track the price of the digital currency using tools like CoinMarketCap and a number of unique metrics that contribute to the growth and performance of Bitcoin that are rarely mentioned. This article looks at three of these on-chain metrics.
Addresses by time held

One important feature of Bitcoin is its capped supply at 21 million. With a circulating supply of 19,571,581 BTC, it is a luxury to get a hold of the coin, even though exchanges hold an excess of what is being demanded at the moment.

Holders, or addresses that have held their BTC for more than one year, account for 69.23% of all addresses holding the coin. This surpasses the combination of "Cruisers" or accounts that sell regularly, amounting to 23.99%, and "Traders" or those that have held for at least three months, accounting for 6.78% of all addresses.

#Network difficulty
Bitcoin network difficulty as measured by the hashrate is also an important metric that dictates the rate of BTC production. According to data from Blockchain.com, the current hashrate is 493,313,217.742 TH/s, up from 368,924,260.618 TH/s as of Sept. 1.

The higher this hashrate, the more difficult BTC production is and, essentially, the more secure the network is as well. With the incoming Bitcoin halving, more miners are preparing for this event by plugging in more miners into the network, a move that can significantly boost the hashrate and contribute indirectly to the scarcity of the asset.

In the crypto world, exchanges are the primary channel through which many get to embrace and give up digital currencies like Bitcoin. Exchange netflow reveals the difference between coins entering exchanges and those leaving.
Disclaimer: This article is for education not involved any financial advise investing in crypto do your Owen research 🧐

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Attarius Network - Presale

#Attarius #Network is an innovative and time-saving platform for web2 developers, players and NFT creators to quickly and easily transition to the world of web3. At Attarius Network teams passion is to make users leverage the impact of web3 technology and unlock its potential with our robust and intuitive tools.

😎Positive Notes:
• Investors & backers: BigBrain Holdings, Vespertine Capital, Chain Ridge Capital, Yellow Spoon Capital, Addicted Hunters, NewTribe Capital, RTE, Sinofy, +5 angels.
• Developers platform - a zero code high level web2 api for blockchain integration.
• 9 chains integrations (EVM + NEAR + APTOS).
• Grants from: Human Guild, Aptos, Haqq.8X - save time on blockchain integration.
• UX - studying less, enjoying more.
• 50% - less time spent on completing a financial transaction.
• Partners: Binance Smart Chain, Chainlink Labs, Polygon, Alchemy, Aurora, Human Guild, Gamic Guild, Earn Guild, GuildX, KILT, Harmony One, TwoFour54, AD Gaming, Monarch (Abu Dhabi).
• Social Wallet, a new tak on the wallet-building and design, focused on convenience, time saving and sociability.

🥺Negative Notes:
• Low Twitter followers.
• Telegram not that active.
• Not much info about token Utility.

🤔Personal Opinion on the Project:
Attarius Network showcases promising strengths in terms of investor backing, developer-friendly tools, multi-chain integration, and strategic partnerships. The innovative features, such as the Social Wallet, suggest a commitment to user-centric design. However, improving communication through active engagement on social media platforms and providing clearer information about token utility will be essential for building trust and attracting a broader audience. Overall, Attarius Network holds potential in simplifying the transition to web3 for developers and creators, but ongoing community engagement and transparent communication are key factors for sustained growth and success.

@Athena Dexfi Deal:
15% immediate TGE (February 2024)
12 month linear
Price: $0.06608
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💰 Base overtakes OP Mainnet in TVL, becoming largest Layer 2 network in OP Stack-based ‘Superchain’.

The total value locked in the Layer 2 network #Base stands at $1.7 billion, a 20% increase since the start of May.

@Crypto PM $OP

#Optimism #Layer2 #Network #mainnet

$PYTH has surged by 10% today, continuing its upward trend amid bullish sentiment in the market.

This increase is supported by technical indicators like a neutral RSI at around 58, suggesting that there is still room for further gains without entering overbought territory.

Additionally, the market sentiment for PYTH remains bullish, with multiple indicators signaling positive momentum.

#PYTH #Network #CryptoPreUSElection #Shib $XTZ

⚡ Coin of the day by social activity - Helium (HNT)

The Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deploy and operate wireless networks through token incentivization.

$HNT #HNT #Helium #decentralizing #Network

🚀$BTC #transactionfees soar to a 20-month high.

With average fees hitting almost $40, the #Network faces a surge in costs due to #bitcoinordinals

#TON Crashes 94%! 😱

$TON has dropped to $0.30
on #CoinMarketCap 📉

It's not even showing in the top 10! But don’t worry, it’s just another #Network glitch. 💻😵‍💫

➡️ #DOGSONBINANCE #TelegramCEO

$REI is showing a strong bullish trend, supported by its 50-day moving average and a rising price trajectory. After breaking out from a long consolidation period, #ReiNetwork has surged significantly, recently crossing the $0.05 resistance level. This breakout has been driven by increasing trading volume and renewed investor confidence.

#Network #BillionGit #Bitcoin

BREAKING: #SoftBank -backed Xapo Bank becomes the world's first bank to integrate the #Bitcoin Lightning #Network .

#Solana Will Improve #Network Upgrades to Improve Stability.
According to Solana's co-founder, the 1.14 network update last week raised concerns about maintaining stability during major updates.
#Web3 #building #crypto2023

The $600 Million Poly Network Hack: A White Hat's Ethical Dilemma❗
This is the most viral story in the crypto world revolves around the $600 million hack of the Poly Network in August 2021 💰💻. A hacker exploited a vulnerability in Poly Network's code to transfer a massive amount of cryptocurrency across three blockchains: Ethereum, Binance Smart Chain, and Polygon 🔗.

What made this story particularly remarkable was what happened next. The hacker, later dubbed "Mr. White Hat" 👤, returned almost all of the stolen funds, citing a desire to expose the network's vulnerabilities and improve its security 🔐. Poly Network responded by offering the hacker a $500,000 bounty 💵 for identifying the flaw and a position as their Chief Security Advisor 👨‍💼.

This incident sparked widespread discussion about the security of decentralized finance (DeFi) platforms 🏦, the ethical boundaries of hacking, and the importance of robust security measures in the rapidly growing crypto space 🚀.
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#cryptocurrency #investment #blockchain #Ethereum #Network

🤑Solana$SOL
is a blockchain network and cryptocurrency that uses a unique approach to scalability and transaction speed. The network strives to provide fast and low-cost #transactions , which makes it attractive to developers of decentralized applications (dApps) and #investors .
🧮In 2023, the #SolanaNetwork faced a number of problems, including technical failures and criticism from the community for centralizing some aspects of the #Network . However, despite this, Solana remains one of the fastest high-bandwidth blockchain platforms.

#MemeCoinTrending