Blockonomi
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Blockonomi's blog aims to cover all aspects of Cryptocurrencies, Fintech, and the blockchain economy. We focus on bringing you the latest unbiased news, information articles, reviews, and tutorials to help you gain an understanding of this new technology.
Blockonomi
3h ago
In the cryptocurrency market where innovation and bold features often dictate the pace, DTX Exchange’s recent introduction of a 1000x leverage feature has turned heads, especially amidst its presale success where it raised $300,000, outshining established altcoins like Worldcoin (WLD) and Render (RNDR).
Both WLD and RNDR have seen fluctuations in their market prices, but DTX’s premium features and fundraising achievements signal a new contender in the space, setting up an intriguing scenario for crypto enthusiasts and investors alike.
Worldcoin (WLD) Price Projection Might Explode or Implode T ..read more
Blockonomi
6h ago
With the halving of Bitcoin approaching, Bitgert coin, the promising new cryptocurrency, will be born. With revolutionary speed and reduced transaction costs, Bitgert promises to redefine the market standards. Enthusiasts and investors are already realizing it. Is it going to start a new crypto era?
Bitcoin Halving Explained
Bitcoin halving is a pre-programmed event that halves the miner’s rewards for every block they mine on the Bitcoin network. It generally occurs every four years, to be more precise, after successfully mining 210,000 blocks in the Bitcoin network. It is part of the monetary ..read more
Blockonomi
19h ago
Amid the declining prices of Ripple’s XRP and Bitcoin Cash, BlockDAG has surged into the spotlight, capturing the attention of the cryptocurrency community with its promise of a staggering 30,000x return on investment. This bold projection is further highlighted by an innovative moon-based keynote video teaser, setting BlockDAG apart as a pioneering force in the blockchain sector. As XRP faces challenges from a recent surge in supply and BCH struggles to break through key resistance levels, BlockDAG distinguishes itself by seamlessly blending blockchain security with the scalability of Directe ..read more
Blockonomi
1d ago
As a cornerstone of the cryptocurrency market, the Ethereum(ETH) ecosystem faces a corporate dilemma regarding speculations around an unlikely ETF spot approval. According to the claims of a top analyst, there are serious doubts on the reality of this approval, triggering mass hesitation among investors and a search for a reasonable alternative. This analyst recommends a likely alternative capable of generating a 10X ROI — ALGT, an ERC-20 token. This article covers details on Algotech (ALGT) and the role it plays in the ever-changing cryptocurrency market.
Algotech (ALGT): An AI powered innova ..read more
Blockonomi
1d ago
While established players like XRP and Polygon hold their ground, a new contender, DTX, is generating buzz with predictions of a staggering 500% price increase. DTX still in stage one of its presale makes the project more attractive as potential investors get to jump on the wagon and secure tokens at an attractive price.
But can this newcomer truly outshine established players like XRP and Polygon, whose price predictions also suggest significant growth? We’ll dive deeper into the latest trend of events and more on this project.
XRP Struggles to Regain Footing Despite Bullish Long-Term Predict ..read more
Blockonomi
1d ago
The United States Securities and Exchange Commission (SEC) has filed an amended complaint in its ongoing lawsuit against Tron founder Justin Sun, asserting that it has “personal jurisdiction” over him and his associated companies due to their extensive activities directed toward the US.
The move comes after Sun sought to dismiss the suit last month, arguing that the regulator had no jurisdiction over him or the Singapore-based Tron Foundation.
TLDR
The SEC has amended its lawsuit against Justin Sun, claiming it has “personal jurisdiction” over him and his companies due to their actions direct ..read more
Blockonomi
1d ago
The halving has kicked in, and the immediate impact will be on Bitcoin’s supply. Bitcoin halving has permanently reduced the issuance of Bitcoin to 3.125 from 6.25. Stefan Kimmel, CE of M2 crypto exchange, states, “Looking at the broader landscape, while halving garners attention, we are cognizant that it’s just a part of a larger narrative. The confluence of ETFs, quantitative easing, and halving will define the future contours of the market.”
It’s time to look at the altcoin market for bombastic gains and price rallies. The altcoin market works in tandem with Bitcoin price movements. Some al ..read more
Blockonomi
1d ago
The Akira ransomware gang has emerged as a significant threat to businesses and critical infrastructure entities across North America, Europe, and Australia, according to a recent joint cybersecurity advisory issued by the United States Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency (CISA), Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL).
TLDR
The Akira ransomware gang has attacked over 250 organizations since March 2023, earning approximately $42 million in ransoms.
Akira initially targeted Win ..read more
Blockonomi
1d ago
The Telos Foundation has announced a strategic partnership with Ponos Technology, a leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network
. The new L2 will feature SNARKtor, a decentralized recursive proof aggregator developed by Telos and IOHK to scale SNARKs verifications in blockchains.
TLDR
Telos has partnered with Ponos Technology to develop a hardware-accelerated Ethereum Layer 2 zkEVM network featuring SNARKtor.
SNARKtor is a decentralized recursive proof aggregator developed by Telos and IOHK ..read more