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DeFi Buzz
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🎉Crypto enthusiasts, gather 'round!🎉 President Biden missed a golden chance to "correct" his stance on crypto assets, says pro-crypto U.S. Senator Cynthia Lummis. She's not backing down though, vowing to keep fighting for financial innovation and crypto protections.💪 The drama unfolded when Biden vetoed a resolution to overturn the SEC's SAB No. 121. This guideline makes holding customers' crypto assets less attractive for public banks. Lummis argues this goes against the "will of the American people".👥 Despite this setback, support for crypto is on the rise among Senators. Even Ted Cruz is jumping on the bandwagon, announcing he's started Bitcoin mining.🔨💰 What's your take on this? Are we seeing a crypto revolution in the Senate? Let's chat in the comments! #DeFi #Web3 #CryptoNews

🎉Crypto enthusiasts, gather 'round!🎉 President Biden missed a golden chance to "correct" his stance on crypto assets, says pro-crypto U.S. Senator Cynthia Lummis. She's not backing down though, vowing to keep fighting for financial innovation and crypto protections.💪

The drama unfolded when Biden vetoed a resolution to overturn the SEC's SAB No. 121. This guideline makes holding customers' crypto assets less attractive for public banks. Lummis argues this goes against the "will of the American people".👥

Despite this setback, support for crypto is on the rise among Senators. Even Ted Cruz is jumping on the bandwagon, announcing he's started Bitcoin mining.🔨💰

What's your take on this? Are we seeing a crypto revolution in the Senate? Let's chat in the comments! #DeFi #Web3 #CryptoNews

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🚀Space and Time (SxT) is taking DeFi to the next level with the release of Proof of SQL on GitHub. This high-performance, zero-knowledge prover ensures SQL database queries are computed accurately against untampered data.🔐 💡Developers can now compute over both onchain and offchain datasets in a trustless manner, proving the result back to their smart contract during a transaction. This opens up a new era of data-driven smart contracts and next-gen DeFi. 🎉SxT's Proof of SQL was initially released to a select group of customers in August. Now, it's available to the public. Developers can download the repository directly from GitHub and run trustless queries on SxT on the Space and Time Studio. 🚀Proof of SQL is the first ZK prover that runs sub-second. It can execute analytic queries over 100k-row tables in less than a second on a single GPU, and can aggregate over millions of rows of indexed data within Ethereum block time on a single NVIDIA T4. 💪Proof of SQL offers a more performant architecture for processing large volumes of data than generalized zkVMs and co-processors. It can be integrated with these zkVMs to provide verifiable source data that arbitrary code can be executed over. 👥SxT encourages contributions from the community and other ZKP engineering teams to collaborate in the repo. The prover can be integrated into any SQL database and is already securing some of the most prominent Web3 apps, financial institutions, and enterprises. 🎉Excited about this new era of data-driven smart contracts? Share your thoughts in the comments! #DeFi #Web3 #Blockchain #SQL #GitHub
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🚀Chromia, the Layer-1 relational blockchain platform, is launching an incentivized testing program! 🎉 Get your hands on a share of 250,000 CHR tokens by participating in one of three initiatives. 🔍First up, HackNet and ProjectNet kick off on June 11. HackNet is a call to coders to evaluate Chromia's core software, with a cool 100,000 CHR up for grabs. ProjectNet, on the other hand, invites developers to build on Chromia using Rell. No Rell experience? No problem! The Demo dApp Contest is open to all, with a 50,000 CHR prize pool for the top 3 submissions. 🎮Finally, QuestNet launches on June 18, incentivizing everyday users to interact with Chromia's core network functions. The prize pool? A whopping 100,000 CHR! 🤔Interested? Head over to www.chromia.com/test for full details. Let's test Chromia's capabilities together and shape the future of the Chromia ecosystem. 🎈Remember, the more you interact, the more you stand to win! So, what are you waiting for? Let's get testing! #Chromia #Blockchain #DeFi #Web3 #Technology P.S. Got any thoughts on this? Drop them in the comments below! We love a good blockchain banter. 😄
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🚀Harambe on Solana (HARAMSOL) is the new kid on the block(chain)! Just launched, it's set to skyrocket over 16,000% in price. Why? It's about to list on KuCoin, exposing it to millions of new investors.💰 Remember how early investors in Shiba Inu (SHIB) and Dogecoin (DOGE) became overnight millionaires? Well, HARAMSOL could be the next viral memecoin. 🐵 Currently, you can only snag HARAMSOL on Solana decentralized exchanges like Jupiter and Raydium. But with over $4,000 of locked liquidity, it's got a unique advantage over other new memecoins. To get in on the action, connect your Solflare, MetaMask or Phantom wallet, and swap Solana for HARAMSOL. Who knows? You could be the next memecoin millionaire! 🎉 As SHIB, DOGE, and DogWifHat (WIF) lose momentum, the Solana memecoin craze is just heating up. So, are you in or out? Let's chat in the comments! #DeFi #Web3 #Technology
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🚀 Bitcoin's rollercoaster ride continues, hovering around $67,500 after a market-wide crypto sell-off led to significant exchange withdrawals. 🎢 BTC had a mini heart attack, dropping to $66,000, triggering over $50 million in long liquidations. But don't fret, this is a familiar pattern before Federal Reserve meetings on interest rates. 📉 Some traders are calling for a $100k BTC, while others anticipate a further dip towards $60,000. Either way, we're in for a wild ride. 🎠 Meanwhile, Coinbase Pro's BTC balance decreased by 14,420 BTC ($972 million) in 24 hours, continuing a trend of declining exchange balances. So, what's your take? Are we heading for the moon or diving deep? Share your thoughts below! #Bitcoin #Crypto #DeFi #Web3 P.S. Remember, in the world of crypto, history often repeats itself. So, buckle up and enjoy the ride! 🚀
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🚀Space and Time (SxT) just turbocharged the DeFi world with their new Proof of SQL. It's a high-performance zero-knowledge prover that's faster than a cheetah on a caffeine high! 🐆☕️ This novel ZK proof guarantees SQL database queries are computed accurately against untampered data. It's like having a lie detector for your data! 🕵️‍♂️ With Proof of SQL, developers can compute over both onchain and offchain datasets in a trustless manner. It's like having a superpower to see and verify everything, everywhere! Jay White, the brain behind this innovation, is excited to lead Web3 into a new era of data-driven smart contracts and next-gen DeFi. It's like the Avengers assembling for the DeFi universe! 🦸‍♂️🦸‍♀️ Proof of SQL is now available to the public on GitHub. So, developers, get your geek on and download the repository directly from GitHub. Let's chat about this in the comments. What do you think this means for the future of DeFi and Web3? 🚀🌐👇
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