updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 61310x (ZRX), the token of an infrastructure protocol that allows for easy trade of assets on the Ethereum (CRYPTO: ETH) blockchain, is defying the downturn in major cryptocurrencies.
ZRX has spiked 8.55% to $0.84 even as Bitcoin (CRYPTO: BTC), Ethereum, and Dogecoin (CRYPTO: DOGE) traded in the red over 24 hours leading up to early Wednesday morning.
| Time-frame | % Change (+/-) |
|---|---|
| 24-hour | 8.55% |
| 24-hour against Bitcoin (CRYPTO: BTC) | 14.7% |
| 24-hour against Ethereum (CRYPTO: ETH) | 14.8% |
| 7-day | 15.8% |
| 30-day | 13.9% |
|
YTD-performance |
-3.45% |
The 24-hour trading volume for ZRX spiked nearly 432% to $608.865 million at press time.
0x Labs said in a blog post on Tuesday that it had raised $70 million in a Series B funding round led by Greylock. Other participants included Pantera, Sound Ventures, OpenSea, Coinbase Holdings Inc (NASDAQ: COIN) and Jared Leto.
The funding will be deployed to fuel the expansion of 0x Labs team and its product and service offerings including a search engine for tokens known as Matcha.
Web3 development platform Alchemy tweeted on Tuesday that 0x uses its technology to maintain reliable Remote Procedure Call (RPC) connections and to check system health and usage insights.
5. So how does 0x use Alchemy?
To power the next DeX generation, 0x uses:
– Alchemy Supernode, to maintain reliable RPC connections
– Alchemy Monitor, to check system health and usage insights
– Alchemy’s Enhanced APIs, to access higher-level abstractions for blockchain APIs
— Alchemy | We’re Hiring! (@AlchemyPlatform) April 26, 2022
The presence of Leto did not go unnoticed on Twitter.
Maybe not… he’s on the Alchemy team… or advisor team. pic.twitter.com/FADYdAmTVE
— CryptoMonk (∞) + (@CryptoMagi) April 26, 2022
Photo courtesy: James Ackerley on Wikimedia
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
]]>Elon Musk has cleared rumours around his affiliation with the Dogecoin Foundation. In a tweet, Musk said neither he, nor his associate Jared Birchall, are on the advisory board of the Dogecoin Foundation. The Dogecoin Foundation aims to grow and promote the meme-based crypto coin via patents, advocacy, and trademark protection. As of now, the foundation has not reacted to Musk’s statements disassociating himself and his associate from the organisation.
In August, when the Dogecoin Foundation re-launched, it reportedly listed Birchall as one of the board advisors.
Musk’s denial to any links with the foundation came as he was replying to a tweet that said, “Jared Birchall represents Elon Musk, but as all advisors he has no direct voting rights. This guarantees the foundation stays independent while taking advantage of the expertise of shibes like Elon”.
Neither Jared, nor me, nor anyone I know has anything to do with this foundation
— Elon Musk (@elonmusk) October 24, 2021
Since Musk has remained an avid supporter of the Dogecoin as well as cryptocurrencies in general, his reported association with the Dogecoin Foundation did not raise any questions, until the Tesla CEO denied his links to the organisation.
In August, the Doge-supporting body threatened copycat Dogecoin 2.0 (DOGE2) with legal action in a bid to safeguard the original Dogecoin’s market reputation and position.
The core developers and supporters of the dog meme-based crypto-coin including Gary Lachance, Jens Wiechers, Timothy Stebbing, Michi Lumin, and Ross Nicoll have also been listed as the foundation board members. Billy Markus, who founded the Dogecoin is also reportedly part of the organisation.
As per the Gadgets 360 crypto-price tracker, the meme-coin is currently trading at $0.28 (roughly Rs. 21).
Earlier in October, US-based movie theatre chain AMC Theatres officially began accepting payments in Dogecoin.
At the time, Musk had also said that the Dogecoin handling fees should be reduced in order to make everyday purchases “viable” to the average consumer.
Super important for Doge fees to drop to make things like buying movie tix viable
— Elon Musk (@elonmusk) September 22, 2021
