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The price of Gnosis Token GNO jumped 20% in three days following an announcement by Thanefield Capital of a $30 billion buyback proposal. On the date of the announcement, May 17, the GNO token was pegged at $266 before climbing to $320 three days later.
Gnosis (GNO) price jumped double-digits in early trading on Monday, reaching highs of $327 on major crypto exchange Coinbase. The token has, however, pared its 24-hour gains to about 6% at the time of writing, with GNO/USD changing hands around $310.
The price of Gnosis native token, GNO, surged 20% after Thanefield Capital announced a proposed $30 million buyback program.
Thanefield Capital, a crypto fund with an interest in the GNO token, proposed a buyback program for Gnosis DAO's native token.
Today, the global cryptocurrency market is facing a slight decline, however, certain Ethereum-based altcoins are standing out with impressive performance compared to Bitcoin amid volatility. While Bitcoin has seen fluctuations between $65,937.18 and $67,694.30, with a slight 0.02% rise in the last day and a 10.12% increase in the past week, some cryptocurrencies are making
Gnosis has launched Genome, a digital ID service native to Gnosis Chain, allowing users to claim .GNO and .gnosis.eth names for seamless, interoperable Web3 identity across EVM-compatible blockchains. The post Gnosis opens public registration for Genome naming service appeared first on Crypto Briefing.
Scopescan monitoring reveals an Amber Group-related address sent 1,200 ETH ($3.7M) to Etherfi Gnosis Safe.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.
Real-world asset tokens: a potentially $10 trillion market
GnosisDAO has invested US$1.5M and 500 GNO tokens in HOPR to develop GnosisVPN, a fully decentralized Web3 VPN built on HOPR's incentivized private mixnet
Gnosis Venture Studios, a branch of Gnosis known for developing on-chain finance solutions like Safe and Gnosis Pay, has unveiled uRamp. URamp is a new platform that facilitates transactions between on-chain assets and traditional fiat currencies.
Developers at Gnosis Chain have deployed a version of the Dencun update to the network to help scale decentralized applications further.
In a significant development for the blockchain community, Gnosis Chain has successfully deployed a version of the eagerly anticipated Dencun upgrade, introducing type 3 blob transactions on its network. The move is aimed at enhancing the scalability of decentralized applications (dapps) by leveraging the innovative concept of blobs.
By integrating blobs, Gnosis Chain is not merely enhancing its ecosystem but is also laying down a foundational component for Ethereum's upcoming Dencun upgrade.
TL;DR Dencun Upgrade: The Gnosis Chain has activated the Dencun upgrade, combining the Deneb and Cancun upgrades to enhance Ethereum's scalability. It introduces Proto-Danksharding with EIP-4844, allowing for more efficient data transactions and supporting layer-2 networks.
Blob transactions, part of EIP-4844 (or protodanksharding), will be implemented on Ethereum with the Dencun upgrade tomorrow.
Gnosis Chain, originally known as xDai Chain, is a proof-of-stake blockchain designed to maintain full Ethereum compatibility, including the ability to directly implement all hard-forks.
Ethereum scaling solution Gnosis Chain has cemented itself as a paragon for decentralization by amassing over 200,000 validators, trailing only Ethereum
Gnosis arrives in the U.S. market just months after its successful launch in Europe, in an effort to eliminate the barrier separating crypto holdings from tangible, real-world applications.
Gnosis Chain is EVM-based and secured by at-home stakes around the world. It is a decentralized prediction market built on Ethereum.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $41,800 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, recorded losses, but remained above the key $2,200 mark this morning.
The Kinetex team is thrilled to announce the successful closure of a $1 million funding round from institutional investors, including Gnosis and Factor. Kinetex is a trailblazing decentralized platform that enables highly efficient cross-chain trading.
The total value locked in Gnosis Chain has doubled from $75 million to approximately $150 million since the beginning of October
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
