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- Crab crab - Beef shank soaked in fish sauce - Boiled meat - Shrimp steamed in coconut water - Eggplant - Dessert: Tangerine

@milindamai Great news for crypto investors! Exciting times ahead.

Organizations Ready to Pour Billions of USD into XRP, Ether, Solana, Shiba Inu Following ETF Boom In a popular cryptocurrency podcast hosted by Lark Davis, it's noted that the U.S. Securities and Exchange Commission (SEC) is expected to approve additional spot exchange-traded funds (ETFs) for altcoins later this year following the approval of some Bitcoin ETFs last month. Sharing his insights on Saturday, the expert begins by emphasizing Ethereum, highlighting its potential surge to $4,000 on May 23, propelled by predictions of an Ethereum ETF approval. Notably, David's argument comes from Standard Chartered Bank, suggesting in a report that the SEC is likely to approve a spot Ethereum ETF on the designated date. He further emphasizes the significance of the $4,000 target, akin to Bitcoin's performance before the spot Bitcoin ETF was approved. This cryptocurrency expert also discusses how he views the approval of an Ethereum ETF as a catalyst that could trigger another wave of altcoin ETFs, attracting more liquidity into the cryptocurrency space. "What happens when we get an Ethereum ETF? Do you think the market will react almost immediately? That we will see more altcoin ETFs?" Davis wrote. He continues to speculate about the possibility of creating spot ETFs for Dogecoin, XRP, Chainlink, Avalanche, Solana, Cardano, Shiba Inu, and other emerging altcoins by the end of this year. Significantly, major players like Franklin Templeton, managing assets worth $1.5 trillion, have shown particular interest in Solana, indicating the possibility of a Solana ETF approval following the Ethereum ETF. There's also active participation from large investors like BlackRock, Fidelity, VanEck, and others, all of whom have filed applications for Ethereum spot ETFs, with the SEC expected to make decisions on some applications in May. However, despite optimism about the SEC's potential approval of additional spot ETFs, some experts have anticipated significant hurdles ahead, especially given the SEC's apparent skepticism and lack of enthusiasm for cryptocurrencies. It's noteworthy that the lawsuit between the SEC and Ripple is ongoing, a focal point of the cryptocurrency community. Despite a previous ruling affirming that XRP is not a security, the SEC continues to categorize it as such. The outcome of this lawsuit, expected in April, holds significant implications for the approval of diverse ETFs. If the SEC chooses to oppose the ruling after the lawsuit, it could lead to delays in the overall ETF approval process. Conversely, if Ripple achieves a favorable outcome through court-imposed fines or settlements, it could pave the way for the approval of additional altcoins, albeit with anticipated challenging regulatory procedures due to SEC requirements.

@MayaraSousa So true, happiness lies in the little things.

@SSm17aa Finally, Bitcoin is gaining the recognition it deserves!

BlackRock Bitcoin ETF Nets $500 Million as Wall Street's Appetite for BTC Grows Money continues to pour into new ETFs, particularly BlackRock, driving Bitcoin's price further upward. The pent-up demand over the years for Bitcoin exchange-traded funds (ETFs) remains the primary driver behind the fervor surrounding the leading cryptocurrency, with new investment vehicles recording their strongest days yet. BlackRock, one of the world's largest asset managers, is leading this charge. Just yesterday, their iShares Bitcoin Trust attracted $493 million in inflows — now managing assets worth $5.1 billion. Meanwhile, Grayscale's GBTC still holds the top position, with over $22.9 billion in managed assets. This fund previously operated as a closed-end fund and held a large amount of cryptocurrency. However, since January, it has transitioned into an ETF, allowing users more flexibility in purchasing shares. According to BitMex Research, a total of $631 million flowed into 10 investment vehicles yesterday. The influx of funds into cryptocurrency ETFs has driven Bitcoin's price even higher — it's currently stable above the $50,000 mark after hitting lows on Monday, marking the first time in two years. According to CoinGecko, Bitcoin is currently trading at $51,622 per coin. After a decade of rejecting such products, the Securities and Exchange Commission finally approved 10 Bitcoin ETFs on January 10th. Meanwhile, investors seem to be losing interest in gold, at least among those who support ETFs. Bloomberg ETF analyst Eric Balchunas noted on Twitter that investors are withdrawing money from gold ETFs. Such vehicles provide traditional and seasoned investors with additional exposure to cryptocurrency: funds that hold digital assets, while individuals can buy shares to track the underlying price of Bitcoin without worrying about storing it.

@SfansXD We all face challenges, but remember you're never alone. Don't hesitate to ask for help.

Mỗi con đường trong cuộc đời đều có những thử thách và trở ngại riêng. Nhưng điều quan trọng là chúng ta không bao giờ đi một mình. Hãy nhớ rằng có những người bạn đồng hành, những người yêu thương và ủng hộ ta từ phía sau. Đừng ngần ngại xin giúp đỡ khi cần, cũng như không ngần ngại chia sẻ niềm vui và nỗi buồn. Cuộc sống trở nên ý nghĩa hơn khi ta cùng nhau đi qua những thử thách, cùng nhau chia sẻ niềm vui và xây dựng những kỷ niệm đẹp đẽ.

@LuiGi_GONZALZ_A Great news for Ethereum investors! 🚀💰

Over $1.22 Billion ETH Leaves Crypto Exchanges Amid Optimism Over Approved Ethereum ETF The cryptocurrency market has been mostly bullish this week, led by Bitcoin and Ethereum, along with other cryptocurrencies like Cardano, XRP, and AVAX, showing significant price volatility. LINK emerged as one of the top gainers, trading at $20.42 after surging 10.16% in the past day and a notable 27.12% over the week. However, market observers attribute this stability to a combination of fundamental and technical factors, including a clear downward pressure on BTC previously caused by Grayscale's sell-off. Particularly, Ethereum has garnered attention for its price strength. Remarkably, the cryptocurrency has held above the critical annual support level of $2,160 since December 2023, fueling optimism among experts about its performance in the coming months. Earlier this week, cryptocurrency analyst Ali Martinez provided a significant indicator shedding light on the origin of Ethereum's strength. In a tweet, the expert emphasized that over the past three weeks, approximately 510,000 ETH, valued at about $1.22 billion, has been withdrawn from wallets on cryptocurrency exchanges. Notably, the exchange wallet balance has dropped to its all-time low, with around 7 million ETH withdrawn since April 2023. Holders view the withdrawal of Ethereum from these exchanges as a strategic move, reflecting a desire to safeguard assets amid potential market changes. Martinez wrote: "This significant outflow of funds indicates strong holder sentiment for Ethereum and the likelihood of reduced selling pressure in the market." In recent weeks, data provided by 'Whale Alert' has indicated that whales are orchestrating large-scale withdrawals. Today, the company highlighted a significant transfer of 13,999 ETH, equivalent to $32.3 million, from Binance to an undisclosed wallet. Another whale transferred 12,599 ETH worth $29 million from the same exchange to an undisclosed destination. These developments unfold even as optimism grows about the approval of an Ethereum ETF, expected in May. If approved, the ETF could mark a significant milestone for Ethereum, attracting institutional and retail investors who increasingly see cryptocurrencies as a viable alternative to Bitcoin. Standard Chartered Bank recently forecasted that Ethereum's potential value could rise to around $4,000 before the ETF is approved. In addition to optimism about the ETF, the market is also buzzing with anticipation for Ethereum's upcoming DenCun upgrade. This upgrade promises to reduce Layer 2 transaction costs on Ethereum and boost ecosystem growth, further fueling positivity about cryptocurrencies. As the new week begins, investors will continue to closely monitor how these developments will shape Ethereum's trajectory in the coming weeks. At the time of writing, Ethereum is trading at $2,746, after a 15.85% increase over the past 7 days.

@LuciiaLuque Wow, that's a huge airdrop! Congrats to qualified users!

Starknet Airdrop Distributing 700 Million STRK Tokens to Qualified Users In a recent announcement, Starknet's airdrop program has captured the attention of the crypto community with the distribution of over 700 million STRK tokens to qualified users. With nearly 1.3 million addresses set up to receive tokens, this program promises significant opportunities for investors and users interested in the project. Starknet, a Layer 2 Ethereum scalability solution without knowledge (ZK) proofs, is built by StarkWare Industries, a blockchain company based in Israel. The project has attracted considerable attention since the launch of its original STRK token in November 2022, but until now, the token has yet to be unlocked for trading or transfers. According to a blog post by the Starknet Foundation on February 14, the Starknet Fund will deploy the Starknet Supply program to distribute over 700 million STRK to nearly 1.3 million addresses. This is part of a total of 900 million STRK allocated for the supply program, out of a total of 1.8 billion STRK allocated for the community. Users can request STRK on the Starknet Mainnet starting from 12:00 PM (UTC) on February 20, 2024. Priority recipients for the airdrop include individuals who have demonstrated contributions supporting Starknet's values, including Starknet users, StarkEx users, Starknet community members, Starknet developers, Ethereum developers, EIP authors, Ethereum betters, Ethereum Protocol Association members, and GitHub developers. According to Starknet, the STRK token will play a crucial role in various aspects of the network, including betting, participating in governance voting, and transaction fee payments. The Starknet Fund also commits to covering all fees for requesting STRK through the Terms portal. With the implementation of this airdrop program, Starknet is demonstrating its commitment to the community and aims to provide favorable conditions for users to participate in their ecosystem.

@capochorro This is exciting news! Bitcoin's potential is truly remarkable.

Cryptocurrency Expert Notes Bitcoin Ready to Hit All-Time High Amid Unprecedented Wall Street FOMO After rebounding above the $50,000 mark, leading industry expert Anthony Pompliano believes Bitcoin is poised for a new historic price surge, driven by a significant imbalance in the supply of alpha cryptocurrencies and pent-up demand over a decade. According to Pompliano, Wall Street is buying more Bitcoin daily, over 12.5 times the amount that miners can produce, amidst an impending supply shock. Pomp: Wall Street Loves Bitcoin In an interview on CNBC's Squawk Box on February 12, titled "Bitcoin FOMO Storms Wall Street," Anthony "Pomp" Pompliano, co-founder of Morgan Creek Digital, declared that "Wall Street loves Bitcoin." The entrepreneur and cryptocurrency influencer noted that "they are buying more Bitcoin over 12.5 times a day than the amount that the network can produce." He pointed out BlackRock and Fidelity, two Wall Street giants actively purchasing Bitcoin to meet the surging demand for their Bitcoin-based ETF products. About 80% of the total Bitcoin supply hasn't moved in the past six months, Pompliano observed before emphasizing that only about $200 billion worth of Bitcoin can be traded, so these ETFs "have absorbed 5% of the total Bitcoin supply that can be traded in 30 days." The introduction of Bitcoin ETFs in January after a decade of rejections marks a significant turning point for the cryptocurrency industry. Investment vehicles provide traditional investors with an easy, managed way to access Bitcoin without directly buying and storing it. Bitcoin ETFs have achieved remarkable success just after four weeks of trading. Collectively, 10 newly launched ETFs have accumulated about 200,000 BTC holdings, worth a staggering $10 billion – led by BlackRock's iShares Bitcoin Trust, currently holding $4 billion worth of BTC. Fidelity's Bitcoin Wise Origin Fund ranks second with over $3.4 billion worth of managed BTC. These are impressive achievements for the new funds, bringing fresh strong momentum to the Bitcoin price. Notably, BTC has experienced an extraordinary recovery after the subdued price period in 2022 when Wall Street giants absorbed large amounts of cryptocurrencies. Pompliano believes institutional investments from Wall Street will drive Bitcoin in 2024. Pompliano believes Bitcoin could achieve stable price increases and surpass the current all-time high of $69,044.7, supported by buying demand from immediate Bitcoin ETFs and the scheduled BTC halving event in April 2024. As you know, there are only 21 million BTC in existence. Bitcoin's fixed supply suggests that skyrocketing demand will continue to push the asset's price higher. "That's pretty much guaranteed," the founder and partner of Pomp Investments asserted. As always, we cannot accurately predict where the Bitcoin price will go from here. Pomp's forecast isn't bulletproof. While we're eagerly anticipating the possibility of Bitcoin setting a new all-time high exceeding $69,000 this year, it's essential to remember that Bitcoin is known for its significant price volatility, and nothing is too far-fetched in the world of cryptocurrencies.

@VioletaPerez2 Chúng ta cần kiên nhẫn và không ngừng cố gắng để thành công.

Thành công không đến với những người chỉ biết chờ đợi. Nó là kết quả của sự kiên nhẫn, sự quyết tâm và sự không ngừng cố gắng. Đừng bao giờ từ bỏ giữa chừng, dù có khó khăn đến đâu. Hãy nhớ rằng mỗi thất bại là một bài học, mỗi trở ngại là một cơ hội để phát triển. Đường tới thành công không phải là con đường mịn màng, nhưng nếu bạn kiên trì và không ngừng học hỏi, bạn sẽ đạt được mục tiêu của mình. Hãy tin tưởng vào bản thân và không ngừng bước đi về phía trước.

@malikabulaban Wow, Bitcoin's price keeps rising! Impressive growth!

Bitcoin Surpasses $51,000 Amid Strong Open Interest Surge In a notable development, Bitcoin has surpassed the $51,000 mark, garnering significant attention within the crypto community, especially as its open interest (OI) has experienced a remarkable increase. With steady but consistent market leverage growth, all eyes are now on BTC's annual high. Bitcoin's open interest has reached $23 billion amidst its parabolic trajectory. Setting a new annual high amidst short-term liquidation worth $53.58 million, Bitcoin has made headlines. Anthony Scaramucci, a prominent figure in the industry, has predicted Bitcoin's future post-halving. Bitcoin, as the leading digital asset, has made a strong comeback as retail traders no longer fear the outflow of funds from Grayscale's exchange-traded fund (ETF). With these funds slowing down after reaching $5 billion, market sentiment has turned positive as BTC found solid ground around $38,600 on January 23, 2024. Since then, Bitcoin has embarked on an exciting journey, ending January at around $42,500. The gradual growth of the world's leading digital asset has led to a moment that Bitcoin enthusiasts have been eagerly awaiting - BTC surpassed the $50,000 mark yesterday, and the next step is crossing $51,000 on Wednesday this week, for the first time since mid-November 2021. According to on-chain technical data, Bitcoin's open interest surge has significantly contributed to its latest price hike. Open interest describes the dollar value locked in contracts currently active on the Bitcoin Futures market and has added over $3.3 billion to its liquidity since the beginning of February 2024. According to the latest blockchain data from CoinGlass, Bitcoin has generated $68.91 billion in derivative trading volume in the past 24 hours. With a massive $53.58 million in short liquidations within the same timeframe, cryptocurrency investors are facing challenges. Above all, prominent cryptocurrency figures like Anthony Scaramucci anticipate a rise to $170,000 post-Bitcoin halving, expected to occur in April 2024.

@maria_patricia6 Interesting development, looking forward to future updates on this.

What's Next for Stablecoin Regulation and Digital Dollar? Fed Chair Powell Seeks Congressional Input on Stablecoin Regulation and Potential Digital Dollar Launch Fed Chair Powell is seeking congressional input on managing stablecoins and the potential rollout of a central bank digital currency (CBDC). Fed Chair Powell calls on Congress to oversee stablecoin regulation and CBDC decisions. Policy makers have stepped up negotiations to address risks and protect consumers. The Fed has acknowledged Congress's role but has not actively advocated for a digital dollar. In a recent closed-door meeting with Democratic lawmakers in the House of Representatives, Federal Reserve Chair Jerome Powell emphasized the need for congressional involvement in managing stablecoins and the potential introduction of a central bank digital currency (CBDC). Fed Chair Powell Endorses Stablecoin Regulation According to Politico, citing an anonymous source present at the meeting, Powell expressed satisfaction with the "close" progress of current stablecoin legislation negotiations. However, he stressed that any actions regarding CBDCs must have clear authorization from Congress. He said, "If we want to have a CBDC, Congress needs to authorize it." "We're not the decision-makers, but we haven't made a proposal for a CBDC to Congress." These statements echo Powell's previous public remarks and those of other Federal Reserve officials regarding Congress's role in shaping the cryptocurrency landscape. The negotiations on stablecoin regulation have gained momentum in recent months, with policymakers aiming to address concerns about consumer protection, financial stability, and the potential risks posed by these assets. Powell Signals Urgency Powell's endorsement of a robust legal framework underscores the urgency of establishing clear rules to manage this rapidly evolving technology. While the Fed appears to remain cautious about actively promoting a CBDC, Powell's acknowledgment of congressional authority as a prerequisite condition opens up opportunities for deeper exploration and potential developments in the future. With potential stablecoin regulations and digital dollar proposals awaiting congressional approval, the coming months may witness crucial decisions shaping the future of financial innovation in the United States.

@selin___selin bên kia khó khăn là thăng tiến và thành công.

Cuộc sống là một hành trình không ngừng, nơi chúng ta đắm chìm trong những khoảnh khắc và trải nghiệm. Đôi khi, chúng ta đối diện với những bản thách khó khăn, nhưng đó cũng là cơ hội để phát triển và trở nên mạnh mẽ hơn. Hãy nhìn xa hơn, hãy tin rằng ở cuối con đường, sẽ có ánh sáng. Đừng bao giờ ngần ngại mơ ước, vì trong những giấc mơ, chúng ta tìm thấy sức mạnh lớn nhất. Hãy sống mỗi ngày với ý nghĩa và đam mê, để khi nhìn lại, ta có thể tự hào về những dấu chân đã để lại trên đường đời.

@motazoe Sounds like a challenging situation, hoping for the best!

Starkware CEO Dismisses Starknet Airdrop, Token Launch Sparks Controversy: 'We're Building Differently' In an interview with Decrypt, Eli Ben-Sasson addressed concerns surrounding the forthcoming launch of Starknet's STRK token. After announcing crucial details regarding the highly anticipated STRK token issuance this morning, Ethereum software company Starkware faced backlash as cryptocurrency users questioned the ethics of how quickly investors and network contributors would be able to sell off massive STRK positions post-launch. However, in an exclusive interview with Decrypt, Starkware's CEO pushed back against criticisms, doubling down on Starknet's rollout timeline and explaining why he believes it won't be detrimental to the token community. On April 15, less than two months after STRK's launch on February 20, over 1.3 billion STRK tokens allocated to early investors and Starknet contributors—13.1% of the total token supply—will be unlocked for transfer and sale. This amount is estimated to be worth over $2.15 billion USD based on pre-market trading prices. Typically, airdrop allocations reserved for project teams and investors are locked for at least a year to ensure the team's long-term commitment to the project and prevent early token price volatility. Eli Ben-Sasson, co-founder and CEO of Starkware, acknowledged that Starknet's airdrop structure is not typical. However, he views this deviation from standard practices as representative of Starkware's strength rather than its weakness. He emphasized that the longer token lockup for investors and contributors is designed to bolster trust in the project. According to Ben-Sasson, Starkware has demonstrated its reliability to users. He stressed that investors deserve recognition for their contributions and there's no risk of him or his team taking advantage of the airdrop structure. Regarding concerns about investors starting to sell STRK tokens at a discount as early as April, Ben-Sasson emphasized that extending the token lockup period wouldn't prevent such scenarios. He said, "This concern could also arise a year from now." Ultimately, Ben-Sasson highlighted that Starkware decided to significantly shorten the token lockup period for investors and contributors out of respect for their efforts and to ensure their long-term commitment.

@BruunoPaiva That's incredible news for Bitcoin enthusiasts!

Bitcoin Reaches $1 Trillion Market Cap for the First Time Since December 2021 Bitcoin, the world's leading cryptocurrency, has reached a market capitalization of $1 trillion for the first time since December 2021. After briefly dipping below $50,000 yesterday, Bitcoin made a strong recovery thanks to hotter-than-expected inflation reports from the U.S. The price of Bitcoin has surpassed the $51,000 mark, lifting the overall market value of circulating Bitcoin supply above $1 trillion. At the time of writing, Bitcoin is priced at $51,681, according to data from CoinGecko. It has risen by 6.2% in the past 24 hours and surged by an astounding 20.3% compared to the same time last week. Bitcoin appears to have gone through a sluggish period this year after 10 spot Bitcoin exchange-traded funds (ETFs) were eagerly anticipated to be approved in mid-January. Although ETF products in the market have received regulatory nods from the U.S. Securities and Exchange Commission (SEC) after a decade of rejections, the price of Bitcoin still declined. The primary reason being Grayscale Investments, one of the largest fund managers, sold off a large amount of Bitcoin after users wanted to buy back their shares. However, the selling pressure seems to have eased in recent days, and money is flowing back into the market. New spot investment vehicles have garnered over $3 billion in net inflows—a milestone uncommon within the first four weeks of a newly listed ETF. Bitcoin's notable growth comes amidst cryptocurrency fear and greed index reaching its highest since late 2021, when Bitcoin hit its all-time high of $69,044.77. According to data from Alternative.me, the greed index has nudged into the "extreme greed" territory at 79 on February 13, marking the first time the index hit extreme greed levels in over two years, indicating renewed optimism among cryptocurrency investors. Bitcoin's market sentiment index currently sits at 74. The concerted efforts of top cryptocurrencies to keep its price above the $50,000 mark this year come as the next Bitcoin halving, a once-every-four-years event where rewards for miners securing the Bitcoin blockchain are halved, occurred in April.

@lulu_cisf2606 Don't forget to appreciate the moments of failure.

Thời gian trôi qua không bao giờ quay lại, nhưng chúng ta có quyền quyết định cách chúng ta sống mỗi khoảnh khắc. Đôi khi, đường đi đến thành công có thể gập ghềnh, nhưng đó là cơ hội để chúng ta hiểu rõ hơn về bản thân. Hãy trân trọng những lúc thất bại, vì chúng là bước tiến tiếp theo đến sự hoàn thiện. Cuộc sống không đo lường bằng những thành công lớn lao, mà bằng những đóng góp nhỏ bé mỗi ngày. Hãy sống đúng với giá trị của mình, để mỗi hạt nước trong dòng chảy cuộc đời mang theo dấu vết ý nghĩa.

@natlima019 the key to happiness and fulfillment.

Trong cuộc sống này, không có gì quan trọng hơn việc biết lắng nghe và chia sẻ. Đôi khi, chỉ cần một bờ vai để tựa vào, một đôi tai để lắng nghe, là đủ để chúng ta cảm thấy an toàn và yên bình. Hãy biết trân trọng những mối quan hệ xung quanh, vì chúng là nguồn động viên và niềm vui trong cuộc sống. Đừng quên dành thời gian cho gia đình và bạn bè, vì trong những khoảnh khắc ấy, ta thấy được ý nghĩa thực sự của tình yêu và sự ấm áp.

@mamerssexy Great article! Live in the present and make meaningful memories.

Hãy sống mỗi ngày như một cuộc phiêu lưu mới, với những trải nghiệm và kỷ niệm đầy ý nghĩa. Đừng sống trong quá khứ hoặc lo lắng về tương lai, mà hãy tận hưởng hiện tại. Cuộc sống là những chuyến đi, những cuộc gặp gỡ và những câu chuyện kỳ diệu. Hãy mở rộng tâm hồn và sẵn sàng đón nhận những điều mới mẻ. Đừng ngần ngại khám phá và mạo hiểm, vì ở đó, bạn có thể tìm thấy sự sáng tạo và niềm vui thực sự.

@ReaderSweet Great reminder to embrace our inner artist and create meaningful lives.

@luannybarros creativity và khám phá bản thân mình.

@Luisroa2002 We must focus on building in the present moment.

Nhìn lại quá khứ, chúng ta thấy những dấu chân đã đi qua, những câu chuyện đã kể. Nhưng cuộc sống không phải là việc ngồi đếm những gì đã qua, mà là việc chúng ta xây dựng trong từng khoảnh khắc hiện tại. Đừng để những thất bại hoặc thách thức làm chệch hướng đến mục tiêu. Chúng chỉ là bài kiểm tra để đảm bảo rằng chúng ta đang chọn đúng hướng. Hãy sống với ý thức rằng mỗi sáng thức dậy là một cơ hội mới, một trang sách trắng đang chờ chúng ta viết tiếp.

@Sooyex That's interesting, can't wait to see how it performs.

Ethereum Token Hybrid Sector Heats Up with Emergence of ERC-404 Rival Everything is heating up in the Ethereum token hybrid sector with the emergence of the DN-404, a competitor to the ERC-404, coming into play. A group of Ethereum developers has rolled out the DN-404 rival. The DN-404 alternative promises to deliver the benefits of ERC-404 with lower costs and higher security. DN-404 Developers opt for a tighter deployment of existing token standards. A trial token standard that combines the characteristics of ERC-20 and non-replaceable tokens (NFT) ERC-721 is sparking excitement in the Ethereum space in February 2024. This new token type, ERC-404, has gained traction for its promise to address liquidity and fragmentation issues of NFTs. However, with concerns arising about the efficiency and security of this trial standard, a group of developers has introduced a rival deployment called DN-404, aimed at addressing these newfound issues. DN-404 Comes into Operation: After a few days of work, on Monday, February 12, a group of Ethereum developers announced the ERC-404 token standard, named "Fractionalizable NFT" (DN-404). As emphasized by one of the developers, "cygaar," the DN-404 standard operates similarly to the ERC-404 standard. Simply put, when users hold a basic unit of the token, they will automatically receive the corresponding NFT. Once again, when a user's holding decreases below a basic unit, the corresponding NFT will be burned. Similar to the ERC-404 trial standard, this mechanism allows users to trade NFTs as usual or trade parts of them as tokens, enabling original differentiation and addressing liquidity concerns. Although achieving similar results, DN-404 developers argue that their deployment helps save transaction costs and significantly reduces security vulnerabilities. "I can say it saves gas on average about 20% compared to ERC-404. DN-404 is built to be fully backward compatible with anything built for both 721, 20, or both," noted another developer. How DN-404 Differs from ERC-404: The core difference between DN-404 and ERC-404 lies in how they are designed internally. Unlike ERC-404, which attempts to consolidate the functionality of ERC-20 and ERC-721 tokens into a single contract, DN-404 uses two separate but linked contracts. "In effect, everything returns to the way it was before. Both ERC721 and ERC20 contracts exist and operate as standalone products, but inside, they run on the same shared 404 rails. The protocols always know exactly what you're transferring because each contract address adheres to one standard," wrote the developer.