Chainspot Weekly Crypto News:
⭐ #Cardano Founder Reveals Rollup Implementation Progress
⚡️ Chainspot Gas Charger is Live Powered by #Asterizm
⚙ PancakeSwap v3 Embraces #zkSyncEra, Enhancing #DeFi Trading Experience
⛩ China’s First Commodity Spot Clearing Digital #RMB Settlement Service
☹ Era Lend on #zkSync Suffers $2.7 Million Exploit
⌛ The Bank of Russia to commence tests of the #CBDC starting August
Stay informed with our curated news, highlighting the advancements in the world of cryptocurrency and decentralized finance. Discover new opportunities today – together with our smart liquidity aggregator.
#CBDCs #cryptonews #definews
☘️ Bitcoin Price Holds at $30,000
Bitcoin’s price is currently stable around the $30,000 mark, but the key question is whether it can surpass the double top resistance level at $30,800. This crucial hurdle will determine the next phase of Bitcoin’s price action. Traders and investors are also keeping a close eye on economic events and indicators, including Unemployment Claims data, Federal Reserve Chair Powell’s testimony, and the strength of Existing Home Sales figures. Bitcoin’s price surge of over 20% in a week has pushed the Bitcoin Greed & Fear Index to 93%, signaling excessive optimism.
⛓ BlackRock’s Bitcoin ETF Application Sparks Debates
BlackRock’s recent application to launch a Bitcoin exchange-traded fund (ETF) has ignited discussions within the crypto community. While some view it as a validation for the industry, others express concerns about the entry of traditional financial giants.
Critics suggest a power shift favoring traditional institutions, pointing to the SEC potentially guiding BlackRock’s move after crypto-native firms faced regulatory challenges. The involvement of major financial players raises apprehensions about compromising core crypto principles and disrupting the industry’s decentralized nature.
⏩ Etherscan Introduces AI-Powered Code Reader for Ethereum Contracts
Etherscan, the Ethereum block explorer, has unveiled “Code Reader,” an AI-driven tool that retrieves and interprets the source code of specific contract addresses. Powered by OpenAI’s language model, Code Reader offers insights into contract code, function lists, and interactions with decentralized applications. Users can modify the code within the interface and access AI-generated explanations.While AI models face challenges like data synchronization and privacy concerns, Etherscan’s Code Reader enhances contract analysis and deepens understanding in the evolving blockchain landscape. Experts emphasize the importance of balancing large models with practicality and the exploration of smaller AI alternatives.
SUN Q
if magical realism was music
Garage-psychedelic rock, inspired by the archetypes from the collective unconscious
Sun Q combines a dirty guitar sound with vivid, mysterious female vocals and ornate melodies. The band established itself on the Russian independent music scene as one of the most exciting garage rock wave newcomers. Their debut album "Charms" (2017) was very warmly received and praised by music critics, with many local and foreign music media noted their original approach and mesmerizing emotionality. Sun Q draw from the pool of myths and dark tales, intertwining them with the powerful music heritage of the 60s-80s.
"MYTH"
upcoming album by SUN Q
The title single is an original version of a stoner bacchanalia with maenads and satyrs led by Dionysus; another song is inspired by the mystical lyrics of Joseph Brodsky; the next track is a bad dream of Elizabeth Siddal (best known as Ophelia). Followed by a hypnotic song with ethnic-style percussion and a retro wave ballad about hippies in love. The atmosphere of Woodstock is complemented by a tune with a memorable string ornament about spirit guides – "Animals". Also, "Jane Doe" – blues-rock about depersonalization. Finally, the gloomier and more psychedelic "Crystal Doors" and "Tree" reflect on approaching darkness, terrible and beautiful at the same time.
The album presents a unique opportunity to hear the legendary Juno-106 and Soviet synthesizers, a dozen guitars from different eras, the vintage Italian electronic organ Farfisa and even the traditional Swedish instrument nyckelharpa.
Created and recorded in Russia | Choir recorded in Uganda | Mixed in England | Artwork crafted in Brazil | Mastered in USA | Singles released in Turkey | Marketing in Moldova
В Москве открылся первый в России многофункциональный барабанный центр