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Word Challenge 18th May 2025
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#EthereumSecurityInitiative The emergence of Sonic and what it means for DeFi: Report Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts. Why did Fantom reinvent itself as Sonic? Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow execution times. To address these bottlenecks and implement numerous other updates, the team behind Fantom rolled out Sonic, a fully independent new blockchain network. A new report by HTX explores Sonic's technological background, its new tokenomics model and the innovations it brings to DeFi.
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#BinanceAlpha$1.7MReward Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years Update: the CTO of TradingView told Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken. Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement technical analysis tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear published on June 13. The Elliott wave principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns. In a video that he uploaded to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, announcing that the issue is being investigated
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Mastercard unveils end-to-end capabilities to power stablecoin transactions – from wallets to checkouts Press Release Mastercard unveils end-to-end capabilities to power stablecoin transactions – from wallets to checkouts April 28, 2025 | PURCHASE, NEW YORK Latest partnerships with OKX and Nuvei will unlock a 360-degree approach where consumers can spend stablecoins and merchants can receive them, creating a seamless ecosystem Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payments – anytime, anywhere. While banks and fintechs are increasingly engaging with solutions built on stablecoins, global ubiquity and scale is contingent on everyday utility, seamless integration into existing financial systems, and an intuitive user experience. To allow consumers and businesses to use stablecoins as easily as the money in their bank accounts, Mastercard is providing an integrated, 360-degree approach: #MastercardStablecoinCards
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Russia's central bank reports that Bitcoin is the top-performing investment in 2025..
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“I really think about new use cases that can emerge because of the borderless nature of stablecoins, because of the efficiency of the dollar onchain,” he said. “If you're trying to send money to your friend in Nigeria, why do you have to go through a bunch of hoops?” Stablecoins are often used to transfer money across borders, as they are easier and cheaper to transfer than traditional finance methods such as wire transfers. They are also used to hedge against fiat currency, which, in emerging markets, can devalue significantly in a short period of time.
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