Optimism Bulls Eye $0.40 Breakout Despite Layer-2 Headwinds – BitRss – Crypto World News

August 1st, 2024 – Coinscribble by Coinbound – Lynex, a leading liquidity layer and DEX on the Linea blockchain, is emerging as the DEX with the most growth potential among similar protocols, according to the Price-to-Sales (P/S) ratio, which evaluates a project’s value relative to its revenue. Lynex’s Unstoppable Growth on Linea Since its inception,…

Coinbase CEO Brian Armstrong revealed that the company once debated copying Michael Saylor’s aggressive Bitcoin-buying strategy. The 42-year-old billionaire, during a live Q&A session via X on May 9, discussed details regarding Coinbase’s balance sheet. While Armstrong considered putting most of the balance sheet into crypto, he ultimately chose a more cautious path. “There were…

Former OpenAI safety researcher Leopold Aschenbrenner says that security practices at the company were “egregiously insufficient.” In a video interview with Dwarkesh Patel posted Tuesday, Aschenbrenner spoke of internal conflicts over priorities, suggesting a shift in focus towards rapid growth and deployment of AI models at the expense of safety. He also said he was…

The Palacio de Cibeles transformed Madrid into a spectacular official meeting point for the most prominent players in the WEB3 ecosystems of Europe and Latin America, featuring the presence of corporations, institutions, and regulators.   The wide array of presentations exceeded expectations, with standout topics such as regulation, the adoption of stablecoins, plans for the first…

Pi Network has launched Tether USD transaction capabilities on its testnet, enabling users known as Pioneers to test decentralized finance features. Summary Pi Network wants to allow participants to simulate transactions in a controlled environment before deplying Tether USD in live decentralized apps. Pi’s Core team previously announced plans to prioritize DeFi and real-world utility…

The Artificial Superintelligence Alliance (FET) price is currently awaiting a bullish trigger to jump back on the recovery horse. This could come at the hands of investors who are suffering from losses and would have to take the matter into their control. Investors Hold Off on Selling The FET price could benefit from the bullish investors’…