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Arbitrum is a blockchain scaling solution that improves the efficiency of Ethereum greatly. The chain has been gaining popularity since its launch and is now rumored to seek AI solutions from Fetch.ai (FET) and Avorak (AVRK) to improve the blockchain. This article will explain what Arbitrum is, whether Fetch.ai is a good investment, and why Avorak AI is the best AI crypto in 2023.

Arbitrum is a Layer-2 (L2) scaling solution for the Ethereum network. It boasts to increase the speed and reduce the cost of transactions on Ethereum. The L2 chain uses smart contracts to facilitate transactions and is built on the Ethereum Virtual Machine (EVM).

Specifically, it uses a combination of off-chain and on-chain processing to ensure that transactions are processed quickly and efficiently. While these are all good reasons for future success, its true popularity stems from the recent launch and the airdrop of its native coin, ARB.

In addition, the Arbitrum development team is now rumored to be seeking AI solutions from Fetch.ai and Avorak AI to greatly improve the network and get an edge over the competition like Polygon or Avalanche. If these rumors turn out to be accurate, Avorak AI and Fetch.ai are looking at substantial gains together with Arbitrum.

Fetch.ai aims to provide infrastructure for AI and Web3 to businesses and organizations. It supports smart contracts to deploy its agent-based technology that can be used to develop micro automation.

These micro automations can learn, predict and act on behalf of the user to complete tasks. The team behind the FET coin claim this might reinvent the way people live and work.

With the increasing hype around AI and crypto, the Fetch Network is definitely a crypto asset that should not be missing in any portfolio.

Avorak AI is building an entire AI ecosystem on the Binance Smart Chain with its native token AVRK. The AI platform has already raised over $1,300,000 during the ongoing ICO and is available in its 4th Phase with a bonus of 7% for early investors.

Avorak AI has a strong team of developers and advisors who are committed to driving the growth and adoption of the AI token. With its wide range of AI-backed tools, such as trading bots, chatbots, and image-creation modules, the token is expected to make its earliest backers wealthy individuals after launch.

The rumors that Arbitrum is in talks with the Avorak AI team to adopt some of their technology into the blockchain would drive demand and moonshot the crypto into the Top 150 on CoinMarketCap.

Arbitrum is now rumored to seek help with AI technology from Fetch.ai and Avorak AI. Fetch ai is an already established coin, while Avorak AI is still available in its presale. This results in a unique opportunity for investors to profit from one of the most hyped presales in 2023.

Learn more here:

Website: https://avorak.ai

Buy AVRK: https://invest.avorak.ai/register

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.

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Arbitrum (ARB) is rumored to seek AI solutions from Fetch.ai (FET) and Avorak (AVRK) - Crypto Mode

BNB Smart Chain recently announced the development of a unique data storage Web3 and ownership infrastructure known as BNB Greenfield.

This newest infrastructure paradigm will emphasise user flexibility and ownership to place it at the centre of data storage for users.

BNB Chain is focusing on inventing a new blockchain technology that would help users and Dapps (Decentralised Applications) gain the ability to access, store, and manage data with private accessibility and personal keys.

Greenfield will work together with the existing BNB chain apps and would also interact with the decentralised storage and new blockchain providers.

Earlier known as the Binance Smart Chain or BSC, the BMB chain is a decentralised, community driven, censor content resistance technology powered by Binance. It consists of BNB Smart Chain and BNB Beacon Chain and is EVM compatible.

It also facilitates a multi-chain ecosystem. Via the concept of MetaFI, the BNB chain aims at building an infrastructure to power a virtual parallel ecosystem. In a recent report by Arcane Research, Binance controls over 92% of overall Bitcoin trading.

The crypto market is renowned by the name of Binance. This hybrid, non-standard approach allows extracting advantages of both approaches while offsetting the cons. The concept around BNB and the use of cryptocurrencies has been particularly popular across iGaming platforms such as Betting.co.uk which offer high limit and no limit betting, involving seasoned players from across the world.

The potential utility for BNB Greenfield includes personal cloud storage, a new social media model, deployment and hosting websites, and storage of terabytes from BNB Smart Chain.

Ownership and data storage have been controversial topics during the transition from Web2 to Web3.

Web3 has offered a centralised, major grip on the storage of ownership and data.BNB chain has a list of capabilities for BNB Greenfield which mentions:

User ability to create, read, and execute accurate data with known UX interfaces

Log-in ability with cryptographic keys or IDs which are anonymous

Users can own and manage their data assets including programming.

Leveraging of data ownership is offered to users for financial benefits

BNB chain also confirmed that the testnet for BNB Greenfield is undergoing development with Nodereal, Amazon Cloud, and Block Daemon.

BNB Greenfield uses Non-Fungible Tokens or NFTs, smart contracts for managing data ownership. They also give access and permission to view the available data on the system. It has also added a feature where BNB Greenfield can store metadata whereas third-party providers store the original data.

As per a press statement released, the storage system is designed for catering to Web2 developers along with large user bases. Victor Glenn, the senior solution architect of BNB Chain mentioned that BNB Chain is focused on creating a new theme for the utility of data and ownership with BNB Greenfield.

This will also build financialisation and utility opportunities for data in storage. It would also allow owners of data via programmability. Technically, BNB Greenfield is composed of a trinity that works hand in hand for providing decentralised data storage systems.

The trinity includes new BNB Greenfield applications, existing BNB chain applications, and BNB Greenfield blockchain inclusive of storage providers.

Binaces blockchain network BNB Chain recently released BNB Greenfield in 2023 which is a new decentralised data storing system that would work around its existing network. This decentralised storage method is enabled with smart contract-integrated Web3 apps and is powered by BNB tokens.

This system aims at granting Dapps and users ownership of personal data and allows the system to support publishing, website hosting, and personal cloud-based applications.

This new project is launched at a time when Binance is already focusing on its influence in the decentralised finance space before the collapse of multiple high-end centralised cryptocurrency exchanges.

Earlier, Binance Smart Chain, or BSC had faced immense criticism for being extremely susceptible and centralized to rug pulls.

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Access, Storage, and Personal Keys: BNB Smart Chain & BNB ... - Retail Technology Innovation Hub

As the cryptocurrency market continues to evolve, two tokens stand out as having the brightest future for investors in 2023: Binance Coin (BNB) and RenQ Finance (RENQ).

In this article, we will explore the unique features and potential of each token and why they are poised for growth in the coming year.

Binance Coin (BNB) is the native token of the Binance Exchange, one of the worlds largest cryptocurrency exchanges. BNB was created to facilitate transactions on the Binance Exchange and provide users with discounted fees. However, it has grown beyond its initial purpose and has become a valuable asset on its own.

One of the key factors driving the success of Binance Coin is the popularity of the Binance Exchange. With over 28.6 million users worldwide, the exchange offers a wide range of features and services, including spot trading, futures trading, staking, and lending. Binance has also expanded into new areas, such as NFTs and DeFi, through its Binance Smart Chain.

As the Binance Exchange continues to grow and attract more users, the demand for Binance Coin is expected to increase. In addition, Binance has announced plans to burn a portion of BNB tokens every quarter, reducing the overall supply and potentially increasing the value of each remaining token.

RenQ Finance (RENQ) is a DeFi token that aims to connect isolated blockchains and establish a cross-chain asset exchange network. RenQ offers a decentralized exchange (DEX) called RenQ Swap, which provides fast and secure trades, low trading fees, and a wide range of supported tokens. The platforms liquidity aggregation protocol allows it to source liquidity from different exchanges, ensuring users get the best prices.

One of the unique features of RenQ is its focus on community-driven governance. RenQ holders can vote on proposals and changes to the protocol, giving them a say in the future direction of the project. This approach has led to strong community support and engagement, which is a crucial factor for the success of any cryptocurrency project.

RenQ has already raised $11 million in its ongoing presale, indicating strong investor interest in the project. The team behind RenQ Finance has a strong track record in the crypto industry, having worked on other successful projects.

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Both Binance Coin (BNB) and RenQ Finance (RENQ) offer unique features and strong potential for growth in 2023. BNB is backed by the success of the Binance Exchange and its growing user base, while RenQ is focused on creating a cross-chain asset exchange network with community-driven governance.

As always, investing in cryptocurrency involves risk, but these two tokens are worth considering for those looking to diversify their portfolios and potentially reap the rewards of the crypto markets growth.

Click Here to Buy RenQ Finance (RENQ) Tokens.

Visit the links below for more information about RenQ Finance (RENQ):

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Website:https://renq.ioWhitepaper:https://renq.io/whitepaper.pdf

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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Binance Coin (BNB) and RenQ Finance (RENQ) are the two cryptos ... - Crypto News Flash

April 17, 2023 4:45 PM | 2 min read

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Match Chain, a layer1 social graph with Cosmos-level interoperability, is pleased to announce the launch of its highly-anticipated testnet with a decentralized exchange (DEX) and a Bridge. This is a major milestone for Match, and an important step towards the growth and development of its blockchain ecosystem.

The DEX will allow users to trade a variety of cryptocurrencies directly on the blockchain, with no intermediaries or central authorities involved. This will provide a secure and efficient way for users to exchange their assets, and will enhance the liquidity and accessibility of the Match Chain.

The bridge offers a simple, contemporary, and secure means of transferring assets across various networks. Acting as a connection between EVM-based blockchains such as Ethereum, Polygon, and Binance Smart Chain, and Match, it seeks to encompass Layer 2 solutions like Arbitrum and Optimism, as well as facilitate NFT transfers in the upcoming future.

Both the DEX and the bridge are key components of Match's vision to create a comprehensive and robust blockchain ecosystem that offers a wide range of services and features to its users. By integrating these tools on its testnet, Match is taking a significant step towards achieving this goal.

The integration of the DEX and bridge has been made possible by the hard work and dedication of the Match team, their collaborator as well as the support and contributions of the wider blockchain community. Match would like to express its gratitude to all those who have been involved in this project, and looks forward to continuing to work together to build a decentralized, connected future.

FiLDA, a cutting-edge lending/borrowing protocol, will explore further with Match to leverage the innovative technology of the Match Chain to provide a streamlined and secure lending and borrowing experience to the users. The platform is set to provide a safe and secure environment with fast transactions and low fees. With this bold step in sight, Match is confident in its ability to drive innovation and growth, and to deliver tangible value to its users.

For more information on the Match chain, what they do and how to connect with Match, visit: Website | DevDoc | Twitter | Discord | Telegram | Medium | Mirror | Reddit

Match Labs

Petrix Barbosa

Team@matchain.io

View source version on newsdirect.com: https://newsdirect.com/news/match-announces-its-testnet-with-dex-and-bridge-589817880

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2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Match Announces Its Testnet with DEX and Bridge - Benzinga

The recent trends in XRP transactions indicate that the asset is becoming the most popular altcoin in South Korea.

Data from the crypto market intelligence provider, Kaiko, revealed that Ripples native token is recently taking the lead among other assets in the country. The token has drawn the attention of most investors in the country, resulting in a surge in its trading volume.

Kaikos report is based on its analysis of the trading volumes of the top altcoins in the crypto markets since the beginning of the year. The data provider analyzed several crypto exchanges, including Koreas four biggest exchanges and Coinbase. These four largest exchanges are Bithumb, UpBit, GOPAX, and Coinone.

Also, data from WhaleWire, a source for crypto insights, confirmed the surge in Ripples native token trading volumes within exchanges in South Korea. According to the firm, XRPs trading volume reached almost $16 billion since the beginning of the year.

The tokens value is above Nano (XNO) and Dogecoin (DOGE), which took the second and third positions. Data from CoinMarketCap highlighted that the 24-hour trade volume for the token on only Upbit exceeded $500 million.

The attention on XRP is wider than just investors in South Korea. All across the globe, whales are focusing on the token. According to WhaleStats, the top 100 Binance Smart Chain whales hold more than 52.6 million XRP tokens. These tokens are worth almost $26.87 million in the current market prices.

The growing accumulation of XRP tokens is connected to the expectation of a favorable ruling in the SEC vs. Ripple lawsuit.

XRP has witnessed an exciting price rally this year. Also, the growing interest from South Korean investors in the asset has supported the tokens rally. While the reason for the attention of South Koreans on XRP could be ambiguous, the assets price action may offer a simple explanation.

From the beginning of 2023, the price of XRP has been increasing progressively. The token moved from the $0.3 region to the $0.4 region on March 21. The token finally broke a new resistance to hit the $0.5 level on March 28. It has been hovering around the region till today, April 18.

The price action for Ripples native token over the past 90 days and 30 days indicated a surge of 33.46% and 35.67%, respectively. At the time of writing, XRP is trading at $ 0.5212, showing a rise of 2% over the past 24 hours.

Featured image from Pixabay and chart from Tradingview

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XRP Grabbing Investor's Eyeballs As The Leading Coin, Report | Bitcoinist.com - Bitcoinist