erc20
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ETH Denver updates: ERC-4337 launched to drive adoption, Arbitrum CTO talks about layer-2 scaling
Source:blockchainreporter.net
#ETH #ethereum #erc20 #crypto2023
Source:blockchainreporter.net
#ETH #ethereum #erc20 #crypto2023
Axelar Network, a decentralized network that connects different blockchains and enables interoperability between them, has introduced one of its products called the Interchain Token Service (ITS), which allows ERC-20 tokens to be transferred across multiple chains while preserving their native functionality and value.
#blockchains #crypto2023
#erc20
#blockchains #crypto2023
#erc20
True deflationary value - $ELMO
The unique burn mechanism of ElmoERC uses the Null Adress (ending with 0000) which results in actively decreasing supply on the chain. Many projects do not use this way of burning and use the 'dead' wallet instead. The problem with the dead wallet is that it 'locks' tokens but not actively destroys. A live data area on the website displays the statistics in regards to burn.
ElmoERC launched back in May with 350M $ELMO in the liquidity pool, and as of today the total supply on Etherscan and chain is lower than the starting liquidity. What does this mean? It means that everytime a burn takes place, the floor price automatically moves up with it. Burning does not immediatally effect the price, and it never will, but it creates stable growth of floors and liquidity overtime. Even if all the holders would sell all their tokens right now, the price can never go lower than launch price. Overtime, when many burns happen, the minimal floor price will keep increasing.
It is not just the burn tax that makes ElmoERC unique, it is also the way the team keeps developing utility around burning. Staking V1, Staking V2, NFTs, NFT staking and even Merch all burn $ELMO. ElmoERC basically offers what the entire $SHIB community has been longing for: true and decent burn rates.
That is not all. The team is also developing an on-chain first person shooter that will connect multiple memecoins in one game. 'Meme Alliance' will be the highest quality first person shooter developed on chain and will provide entertainment, fun and winnings to their players.
The community and team are confident about the long-term price gains for $ELMO and the commitment from the team is unquestionable. Transparancy, honesty and useability is what the team provides. Even the leader 'MasterElmo', also known as Elmoshi Subarashi doxxed himself through a video. Doxxing yourself as a memecoin is a very rare thing in the space and provides even more trust for the investors.
#uniswap #ethereum #erc20 #burn #Binance
The unique burn mechanism of ElmoERC uses the Null Adress (ending with 0000) which results in actively decreasing supply on the chain. Many projects do not use this way of burning and use the 'dead' wallet instead. The problem with the dead wallet is that it 'locks' tokens but not actively destroys. A live data area on the website displays the statistics in regards to burn.
ElmoERC launched back in May with 350M $ELMO in the liquidity pool, and as of today the total supply on Etherscan and chain is lower than the starting liquidity. What does this mean? It means that everytime a burn takes place, the floor price automatically moves up with it. Burning does not immediatally effect the price, and it never will, but it creates stable growth of floors and liquidity overtime. Even if all the holders would sell all their tokens right now, the price can never go lower than launch price. Overtime, when many burns happen, the minimal floor price will keep increasing.
It is not just the burn tax that makes ElmoERC unique, it is also the way the team keeps developing utility around burning. Staking V1, Staking V2, NFTs, NFT staking and even Merch all burn $ELMO. ElmoERC basically offers what the entire $SHIB community has been longing for: true and decent burn rates.
That is not all. The team is also developing an on-chain first person shooter that will connect multiple memecoins in one game. 'Meme Alliance' will be the highest quality first person shooter developed on chain and will provide entertainment, fun and winnings to their players.
The community and team are confident about the long-term price gains for $ELMO and the commitment from the team is unquestionable. Transparancy, honesty and useability is what the team provides. Even the leader 'MasterElmo', also known as Elmoshi Subarashi doxxed himself through a video. Doxxing yourself as a memecoin is a very rare thing in the space and provides even more trust for the investors.
#uniswap #ethereum #erc20 #burn #Binance
Introducing $WAD, The win all day token, Illuminate your journey towards victory as you earn rewards with every purchase.
Join the movement today and embrace a world of unity and success!
#CryptoInvesting2024  #ethereum   #coinstore  #binance  #erc20
Join the movement today and embrace a world of unity and success!
#CryptoInvesting2024  #ethereum   #coinstore  #binance  #erc20
Exploring the Reasons Behind Uniswap's Decision to Disable BEN Token Trading
Ben Armstrong presses the Uniswap trademark holder to solve the issues.
Uniswap users can trade with BEN tokens through contract addresses.
The largest decentralized crypto exchange, Uniswap, prohibited the trading of various memecoins and derivative cryptocurrencies, despite the fact that users were unaware of it. Itâs been more than three days since the exchange banned the new meme coin Ben (BEN), which buzzed âCryptoTwitterâ with significant attention.
However, users can still connect to the tokenâs smart contract through their âcontract addressâ for standard transactions. Only the DEX website interface (front end) prevents users from transacting.
Uniswap Ban on BEN
Many believe that Uniswap maintains this block list to avoid legal challenges in the United States. In particular, the Securities and Exchange Commission (SEC) has repeatedly pursued legal action against different cryptocurrency campaigns. It makes sense that the DEX has a strict ban on derivative tokens connected to the US stock market.
Ben Armstrong, who is behind the âBitBoy Cryptoâ channel and the biggest supporter of the BEN coin, indicates he may take over control from ben.eth, the projectâs original creator. According to the famed YouTuber, Uniswap no longer allows users to trade BEN due to logo and ticker issues.
Further, the $BEN token is experiencing significant challenges; several projects have duplicated its logo, and Ben Armstrong revealed its new logo. Despite the crypto token spamming by many fake Twitter IDs, BEN never failed to attract huge investors.
Also, the promotion of Ben Armstrong to BEN attracted a lot of interest in the crypto market. Early investors were also rewarded with a more than 5,000% one-day gain. However, the BEN community is fighting with Uniswap to solve the issues. Armstrong presses the trademark holder, âOUTFiT7,â to resolve the problems and back up the new logo instead of the placeholder.
#ben #uniswap #dex #trading #erc20
Uniswap users can trade with BEN tokens through contract addresses.
The largest decentralized crypto exchange, Uniswap, prohibited the trading of various memecoins and derivative cryptocurrencies, despite the fact that users were unaware of it. Itâs been more than three days since the exchange banned the new meme coin Ben (BEN), which buzzed âCryptoTwitterâ with significant attention.
However, users can still connect to the tokenâs smart contract through their âcontract addressâ for standard transactions. Only the DEX website interface (front end) prevents users from transacting.
Uniswap Ban on BEN
Many believe that Uniswap maintains this block list to avoid legal challenges in the United States. In particular, the Securities and Exchange Commission (SEC) has repeatedly pursued legal action against different cryptocurrency campaigns. It makes sense that the DEX has a strict ban on derivative tokens connected to the US stock market.
Ben Armstrong, who is behind the âBitBoy Cryptoâ channel and the biggest supporter of the BEN coin, indicates he may take over control from ben.eth, the projectâs original creator. According to the famed YouTuber, Uniswap no longer allows users to trade BEN due to logo and ticker issues.
Further, the $BEN token is experiencing significant challenges; several projects have duplicated its logo, and Ben Armstrong revealed its new logo. Despite the crypto token spamming by many fake Twitter IDs, BEN never failed to attract huge investors.
Also, the promotion of Ben Armstrong to BEN attracted a lot of interest in the crypto market. Early investors were also rewarded with a more than 5,000% one-day gain. However, the BEN community is fighting with Uniswap to solve the issues. Armstrong presses the trademark holder, âOUTFiT7,â to resolve the problems and back up the new logo instead of the placeholder.
#ben #uniswap #dex #trading #erc20
According the Block, Alchemix is adopting the xERC20 token standard via Connext, aiming to solve the risks faced by tokens from cross-chain bridges.The new token standard is designed to reduce liquidity costs for token issuers while boosting security.
#crypto2023 #crosschain
#erc20
#crypto2023 #crosschain
#erc20
just in #shibarium #bone $bone #erc20
Tomorrow will introduce bone project and put it up for pre-sale, it's time to surprise the world . There are many projects for Shibarium, to combine artificial intelligence with cryptocurrency, he will publish the full information tomorrow.
Tomorrow will introduce bone project and put it up for pre-sale, it's time to surprise the world . There are many projects for Shibarium, to combine artificial intelligence with cryptocurrency, he will publish the full information tomorrow.
 Floxypay, the leading one-stop solution for cryptocurrency enthusiasts, is excited to announce the launch of its native ERC20 token, FXY.Â
#erc20 #crypto2023
#blockchains
#erc20 #crypto2023
#blockchains
One Crypto Every Binance User Must Have (Part One {1}): Binance Coin ( $BNB )
Binance Coin ( $BNB ) is a crucial asset for Binance users, evolving from a utility token for trading fee discounts to a multi-faceted digital asset with diverse use cases. Launched in 2017, $BNB was initially designed as an ERC-20 token on the Ethereum blockchain. As Binance expanded its services, BNB underwent transformations, including migrating to its native Binance Chain in 2019 and launching its blockchain network, Binance Smart Chain (BSC), in 2020. BNB's utility extends beyond trading fees, offering token sales and ICOs on Binance Launchpad, powering functionalities on Binance Smart Chain, staking and yield farming, and the NFT marketplace. As Binance continues to expand its ecosystem, BNB's adoption and demand have surged among users and developers. BNB's price performance has consistently ranked among the top cryptocurrencies by market capitalization, attracting investors and traders seeking exposure to the Binance ecosystem and its associated projects. As Binance continues to innovate and expand its offerings, BNB is poised to remain a key player in shaping the future of decentralized finance and blockchain technology.
#erc20 #Token2049 #BNBâ© #InvestorFocused
Binance Coin ( $BNB ) is a crucial asset for Binance users, evolving from a utility token for trading fee discounts to a multi-faceted digital asset with diverse use cases. Launched in 2017, $BNB was initially designed as an ERC-20 token on the Ethereum blockchain. As Binance expanded its services, BNB underwent transformations, including migrating to its native Binance Chain in 2019 and launching its blockchain network, Binance Smart Chain (BSC), in 2020. BNB's utility extends beyond trading fees, offering token sales and ICOs on Binance Launchpad, powering functionalities on Binance Smart Chain, staking and yield farming, and the NFT marketplace. As Binance continues to expand its ecosystem, BNB's adoption and demand have surged among users and developers. BNB's price performance has consistently ranked among the top cryptocurrencies by market capitalization, attracting investors and traders seeking exposure to the Binance ecosystem and its associated projects. As Binance continues to innovate and expand its offerings, BNB is poised to remain a key player in shaping the future of decentralized finance and blockchain technology.
#erc20 #Token2049 #BNBâ© #InvestorFocused
đž User Pays $90K in Fees for a $2K ETH Transfer
A Pricey Error? đ§
According to data from Etherscan, the user paid $89,200 in fees to transfer a mere 0.87 ETH, worth approximately $2,262 at current prices. With Ethereum network fees currently at yearly lows, hovering between 2 and 4 gwei, this transaction should have cost no more than $5. Instead, the user overpaid by an astonishing 1,783,900%.
Fat-finger errors, where someone accidentally inputs the wrong numbers, are not unheard of in the crypto world. Just last year, an NFT trader paid 1,055 ETH (about $1.6 million at the time) for an NFT that was only worth $1,000. Similar mistakes have happened before, leaving many wondering if this latest incident was just another unfortunate slip-up.
Or Something More? đ
However, some speculate that this transaction could have been more than just a mistake. It might have been a sophisticated form of money laundering. For this to be the case, the user would need to know exactly which Ethereum validator would process the transaction and ensure it was included in the correct block. This would require close coordination with the validator to ensure the funds didn't end up in the wrong hands.
Not Just Retail Errors đš
Even large institutions have fallen prey to costly errors. In May 2021, Singapore-based exchange Crypto.com mistakenly sent $7 million to an Australian user, who then used the funds to buy a mansion and send money overseas. She was later sentenced to 209 days in jail for "dealing in the proceeds of crime."
Follow @Professor Mende - Bonuz Ecosystem Founder for more crazy stories!
#ethereum #eth #erc20 #cryptonews #crypto
$ETH $BTC
A Pricey Error? đ§
According to data from Etherscan, the user paid $89,200 in fees to transfer a mere 0.87 ETH, worth approximately $2,262 at current prices. With Ethereum network fees currently at yearly lows, hovering between 2 and 4 gwei, this transaction should have cost no more than $5. Instead, the user overpaid by an astonishing 1,783,900%.
Fat-finger errors, where someone accidentally inputs the wrong numbers, are not unheard of in the crypto world. Just last year, an NFT trader paid 1,055 ETH (about $1.6 million at the time) for an NFT that was only worth $1,000. Similar mistakes have happened before, leaving many wondering if this latest incident was just another unfortunate slip-up.
Or Something More? đ
However, some speculate that this transaction could have been more than just a mistake. It might have been a sophisticated form of money laundering. For this to be the case, the user would need to know exactly which Ethereum validator would process the transaction and ensure it was included in the correct block. This would require close coordination with the validator to ensure the funds didn't end up in the wrong hands.
Not Just Retail Errors đš
Even large institutions have fallen prey to costly errors. In May 2021, Singapore-based exchange Crypto.com mistakenly sent $7 million to an Australian user, who then used the funds to buy a mansion and send money overseas. She was later sentenced to 209 days in jail for "dealing in the proceeds of crime."
Follow @Professor Mende - Bonuz Ecosystem Founder for more crazy stories!
#ethereum #eth #erc20 #cryptonews #crypto
$ETH $BTC