Tag: accelerating institutional adoption

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Avalanche (AVAX) Cuts Fees 99.9% as GeeFi (GEE) Presale Explodes, Selling 50% of Phase One in Its First 24 Hours

The post Avalanche (AVAX) Cuts Fees 99. 9% as GeeFi (GEE) Presale Explodes, Selling 50% of Phase One in Its First 24 Hours appeared com. The Avalanche network is firing on all cylinders, demonstrating remarkable resilience and growth with major technical upgrades. The recent Etna upgrade has dramatically improved network efficiency, reducing C-Chain fees by a staggering 99. 9%. This has made the network more accessible and affordable for developers and users, leading to a massive spike in activity. For over a month straight, the C-Chain has sustained weekly transaction totals above 14. 5 million. This technical improvement is fostering a wave of innovation, especially from institutional players. The upgrade allows developers to launch custom subnets at a near-zero cost, accelerating institutional adoption and the creation of specialized blockchain solutions. As Avalanche’s ecosystem becomes faster and cheaper, investors need a powerful, multichain wallet to manage their assets. A new project, in development since 2023, was built for this exact purpose. GeeFi: Your Command Center for a Multichain World The GeeFi Wallet is a powerful, non-custodial mobile application from the GeeFi Team that puts you in complete control of your digital assets. It was created for the modern crypto investor who operates across multiple blockchains. Public since 2024, GeeFi provides strong support for major networks including Avalanche, Bitcoin, Ethereum, and more, with the team providing continuous updates. The application is an all-in-one crypto hub in your pocket. It features built-in swaps, cross-chain bridging, on/off-ramp services for moving between fiat and crypto, and tools for managing your NFT portfolio. It also includes an integrated Web3 browser and WalletConnect for secure interactions with decentralized applications. The wallet is available right now for Android, with an iOS version currently in development. The GEE Token: Fueling the Self-Custody Ecosystem The engine that drives the GeeFi platform is the GEE token. This is an ERC-20 utility token with a total supply of 1, 000, 000, 000. Holding GEE provides users with tangible advantages, such as reduced.

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China Accuses U.S. of Stealing $13 Billion in Bitcoin From State-Level Hack Group

The post China Accuses U. S. of Stealing $13 Billion in Bitcoin From State-Level Hack Group appeared com. The renewing U. S.-China conflict adds short-term volatility but highlights Bitcoin’s growing role as a geopolitical hedge. As for Bitcoin, the shrinking exchange supply and record ETF inflows point toward a long-term bullish outlook for BTC, even amid regulatory and diplomatic turbulence. At the peak of escalating U. S.-China tensions, Beijing’s cybersecurity watchdog has accused the United States of masterminding one of the largest crypto thefts in history-allegedly siphoning $13 billion in Bitcoin through a covert, state-level hack. As detailed in a technical report from China’s National Computer Virus Emergency Response Center recently reported that easing U. S.-China trade relations had supported bullish momentum in crypto assets tied to global commerce, such as XRP, LINK, VET, and BTC. However, this new accusation marks a sharp reversal, reigniting tensions. According to the U. S. side, the Department of Justice emphasized that: Today’s action represents one of the most significant strikes ever against the global scourge of human trafficking and cyber-enabled financial fraud. Meanwhile, the CVERC report from Beijing counters with its own claim: The U. S. government may have already used hacking techniques as early as 2020 to steal the 127, 000 Bitcoins held by Chen Zhi. Subsequently to that, the investigators on the two both sides point to suspicious details such as identical transaction fees, automated high-end scripts, and a four-year dormancy period when which the stolen coins remained as untouched. Bitcoin Outlook: A Bullish Supply Shortage Amid Geopolitical Noise The current situation underscore the fragility of global mining infrastructure and the razor-thin line between enforcement and aggression on the digital era. Rising U. S.-China friction could triggering with new regulatory crackdowns, possibly dampening investor confidence-similar.

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