Istanbul Blockchain Week in Istanbul

📆 Flash News 09/05/2024 1️⃣Gate.io bigdata indicates that amid BTC and ETH price volatility, liquidations reached $138M in the past 24 hours, with BTC at $34M and ETH at $21M. 2️⃣CryptoQuant analysts indicate the Dencun upgrade has caused Ethereum to inflate again. 3️⃣MakerDAO states the DAI supply has increased by $1 billion in the past two months. 4️⃣Injective integrates with Arbitrum's Orbit suite to launch Ethereum-based Layer3. 5️⃣Ethereum interoperability protocol Omni Network introduces Octane to streamline EVM integration.

News from 5/9/2024 1. According to Gate.io big data, affected by the BTC and ETH shocks, the Get Liquidated in the past 24 hours reached $138 million, of which $34.29 million in BTC Get Liquidated and $21.37 million in ETH Get Liquidated. 2. CryptoQuant analysts say that the Dencun upgrade has made Ethereum inflation again. 3. MakerDAO claims that the supply of DAI has risen by 1 billion in the past two months. 4.Infinite is integrating with Arbitrum's Orbit suite to launch Ethereum-based Layer 3. 5. Ethereum Interoperability protocol Omni Network launches Octane to simplify EVM integration.

🔰Good evening all Recently OctaneX featured in keynote Apple today! 🔥Apple users can add a major increase in rendering power to the M4 with access to the computing power of a high-performance decentralized GPU Rendernetwork an almost infinite use of Octane X. 🔥Always monitor $RNDR KAWAN 🔥🔥🔥 Hope it is useful Didi chanel

Avalanche (AVAX) ecosystem welcomes strong rise, after the Octane upgrade its total DeFi Lock-up Position (TVL) has surged nearly 40% this quarter, reaching $1.5 billion, highlighting the market's recognition of faster transactions, lower fees, and improved experiences. On the technical side, AVA**X has broken the downward trend line and formed a double bottom pattern**, currently challenging the key resistance zone of $26-28. The derivatives market is also active, with open interest (OI) increasing by 15% weekly to $835 million, indicating bullish expectations among traders. However, the sharp decrease of 33.93% in new on-chain addresses, along with declining social heat, diverges from the price rise, raising concerns for sustained upward movement. This article analyzes key points in the Bull vs Bear Battle.

Last week, the global Blockchain industry experienced 17 financing events, with a total scale exceeding 150 million USD, mainly focused on DeFi, Web3 gaming, Web3+AI, and infrastructure sectors. The encryption dining application Blackbird Labs secured 50 million USD in Series B funding, while the CeFi company Meanwhile completed 40 million USD in Series A funding. Popular investment projects include stablecoin protocols, Blockchain games, and AI Security companies.