Blockpro

  Historic Decline in Cryptocurrency Market Capitalization: Largest Daily Drop Since 2022. In the past 24 hours, the global  cryptocurrency market capitalization  has experienced a dramatic decline, marking the  largest daily drop since January 2022 . According to recent data, the market capitalization has fallen to  $1.94 trillion , representing a drop of over  13%  within a single day. This significant change highlights the growing  market uncertainty , driven by  geopolitical tensions in the Middle East  and concerns about the  stability of the global economy . The  liquidation pressure  on cryptocurrency markets has been extraordinarily high. In the last 24 hours,  280,093 traders  have been liquidated, leading to a total liquidation value of  $1.07 billion  on centralized exchanges. Bitcoin has been particularly affected, with liquidations amounting to over  $362 million , of which approximate...

Coinbase is taking decisive steps towards decentralizing its Ethereum Layer-2 blockchain, Base, through the implementation of Fault Proofs. These Fault Proofs are designed to allow users to challenge invalid transactions, thereby eliminating the need for a centralized, trusted third party. This new system, launching on October 30, is set to enhance Base’s reliability and security, making it more attractive for a wider range of users and businesses. Base’s partnership with Ethereum Layer-2 blockchain Optimism provides a foundation for this advancement, with the Fault Proof system having already been in use on Optimism since June 2024. As Base continues to grow — having nearly quadrupled its total value locked (TVL) since its launch in 2023 — the need for robust security features has become increasingly evident. Currently, Base ranks as the second-largest Layer-2 solution after Arbitrum, further demonstrating its rise as a leader in the decentralized blockchain space. One key factor cont...

  The financial world is on the brink of a major transformation, with blockchain technology taking center stage. Recent developments highlight that more banks and financial institutions are exploring the potential of this technology to enable more efficient, secure, and transparent transactions. A prime example is the European Central Bank’s (ECB) blockchain testing for payments, in which Börse Stuttgart is actively involved. These pioneering tests demonstrate how blockchain could shape the future of banking and the significant role that leading financial institutions play in this shift. Blockchain: More Than Just Cryptocurrency Most people associate blockchain with cryptocurrencies like Bitcoin or Ethereum, but its applications go far beyond just crypto trading. Blockchain provides a revolutionary infrastructure for a wide range of financial services, particularly in areas like securities settlement, payment processing, and data management. In collaboration with the ECB, Börse Stu...

  In the past 24 hours, the global  cryptocurrency market capitalization  has experienced a dramatic decline, marking the  largest daily drop since January 2022 . According to recent data, the market capitalization has fallen to  $1.94 trillion , representing a drop of over  13%  within a single day. This significant change highlights the growing  market uncertainty , driven by  geopolitical tensions in the Middle East  and concerns about the  stability of the global economy . The  liquidation pressure  on cryptocurrency markets has been extraordinarily high. In the last 24 hours,  280,093 traders have been liquidated, leading to a total liquidation value of  $1.07 billion  on centralized exchanges. Bitcoin has been particularly affected, with liquidations amounting to over  $362 million , of which approximately  $302 million  were long positions. Bitcoin’s price has dropped nearly  13% ...

The internet is undergoing a major transformation towards Web 3.0 , an era characterized by decentralization , enhanced user control , and innovative value creation opportunities. In this dynamic environment, Web 3.0 coins are becoming increasingly important as they form the backbone of the next generation of the internet. If you’re considering investing in the future of the internet, it’s crucial to keep an eye on the most promising Web 3.0 coins. Here are the seven best Web 3.0 coins for 2024 that you should definitely consider: 1. Polkadot (DOT) Polkadot is a groundbreaking multi-chain platform that enables different blockchains to communicate and exchange data and assets. This interoperability enhances the scalability and efficiency of the entire ecosystem, making Polkadot a key player in Web 3.0. 2. Chainlink (LINK) Chainlink revolutionizes the world of smart contracts through its decentralized oracle network , which integrates precise real-world data into blockchain appli...

The world of Web3 and DeFi can be overwhelming for newcomers. Radix, a pioneer in blockchain technology, has tackled this challenge by developing RadQuest , an innovative onboarding tool. RadQuest offers a fast, easy, and secure way to access Radix’s Web3 and DeFi services, aiming to make entry into the crypto world as user-friendly as possible. RadQuest: A New Beginning for Web3 Beginners RadQuest, a new project from Radix, represents a significant advancement in Web3 onboarding. Developed in collaboration with the renowned digital product studio ustwo , known for the award-winning game Monument Valley , RadQuest is designed specifically for mobile devices. This platform provides an interactive and user-friendly experience that helps newcomers navigate the complex Web3 and DeFi ecosystem. How RadQuest Works RadQuest guides users through a series of “quests” designed to enhance their understanding of Web3 and DeFi. Each quest is crafted to make the learning process engaging and motiva...