Blockchain detective ZachXBT claims a former professional Fortnite player and blockchain security analyst from Australia was involved in a memecoin scam that resulted in approximately $3.5 million being stolen. In a November 27 thread posted on The former gamer, who was expelled from esports organization ‘Overtime’ in June 2020 over allegations of cheating, was also known at X as a security analyst and founder of a threat mitigation system called Sentinel, according to gaming TV network Ginx.tv.“Over the past few months, I have been tracking a series of related compromises on Funny meme coin.”Zach .Investigators also said Serpent was “using…
Author: Crypto Flexs
Read More
We are pleased to announce this. application The Next Billion Fellowship program is now live! What is the Next Billion Fellowship Program? The Next Billion Fellowship program searches for stories – tangible, human stories that demonstrate how Ethereum can help solve problems facing communities. Either that Implementing digital badges and wallets for millions of Scouts around the worldgeneration More efficient and affordable crop insurance for smallholder farmers in Kenyaor Exploring the role of distributed systems in Syria’s humanitarian crisisEach fellow’s story helps us see Ethereum’s role in human society not as an abstract technology, but as a tool to solve…
Timothy Morano November 27, 2024 10:11 Layer 1 blockchains will see explosive growth in 2024, with Mantra (OM) leading the way, boasting a 7,035% increase. Explore top performing companies and market dynamics. Layer 1 (L1) blockchains have seen significant growth in 2024, with some tokens experiencing unprecedented price increases. Among these, Mantra (OM) emerged as a standout performer, boasting a 7,035% surge in value according to CoinGecko. This remarkable rise is partly thanks to Mantra’s strategic partnership with UAE-based digital bank Zand to promote tokenization of real assets (RWAs) under Dubai’s Virtual Asset Regulatory…
Solana’s top DeFi wallet activity surged 1,200% after BTC reached a peak of $99,000. Meanwhile, Coinbase was among the 30 most downloaded apps. The price of meme coin powerhouse Solana has rebounded to over $240. Solana’s top decentralized wallet, Phantom, has officially surpassed the Coinbase app in Google Play and Apple App Store rankings. As cryptocurrency enthusiasts flock to digital assets that offer higher risk and potentially higher rewards, a slew of TikTok promotions for the Solana memecoin run by Pump.Fun are amplifying the ongoing trend.Solana Phantom saw a 1,200% increase in activity.Currently, Phantom Wallet ranks 5th among free apps…
Iris Coleman November 27, 2024 10:58 BitMEX has switched the display method of HSKUSDTX24 to fair price display, using powerful indices from Gate.io, Kucoin, and MEXC to increase price accuracy. BitMEX adopts fair price markingBitMEX announced a major change to its pricing methodology by adopting fair price marking for the HSKUSDTX24 contract. According to BitMEX, this transition took effect on November 27, 2024 at 08:15 UTC. The goal of this move is to increase the accuracy and reliability of contract pricing.Introduction of powerful indicesThe transition to fair price marking has been facilitated by the…
Regarding the origin of the name Black Friday, the more common theory is that it is the first business day after Thanksgiving (the fourth Thursday in November).Black Friday is the informal name for the Friday after Thanksgiving in the United States and other countries. The term has only become widely used in the last decade or so. Black Friday is considered a barometer for measuring Christmas sales in the distribution industry every year.It is also the most important and busiest day of the year for businesses. Also known as Black Friday, most stores usually open at 5 or 6 a.m.,…
Ripple has supported Fairshake with an additional $25 million, strengthening its push for cryptocurrency-friendly policies and challenging excessive regulation, solidifying its leadership in innovation advocacy. Ripple doubles down on Fairshake with its third $25 million donation. Ripple reaffirmed its commitment to fostering innovation-friendly policies by donating $25 million to Fairshake, a bipartisan Super PAC supporting cryptocurrency advocates. CEO(…)
Charles Hoskinson is arguably the best and worst thing about Cardano. Without him, of course, the chain would not exist — he’s driven its development over the past decade and claims he invested $450 million of his own funds into bootstrapping the network.But he’s also a magnet for bad publicity who makes everything about him and constantly picks pointless fights. This week, for example, he’s threatening to sue Wyoming for not using Cardano for its stablecoin. He frequently overshadows the network’s many technical achievements in terms of decentralization, governance and its new privacy-focused sidechain, Midnight.Despite just having turned 37, he…
Crypto product company 21Shares is launching new exchange-traded products (ETPs) centered on four major digital assets. In a new thread on social media platform ). “Big news: Four game-changing ETPs just launched! Introducing our latest products focused on oracles, tokenization, distributed computing, and artificial intelligence.” 21Shares states in its product description that each ETP is 100% “physically” backed by its associated token. According to the ETP news, all four altcoins surged into the green. RENDER and ONDO are trading at $7.73 and $1.05 at the time of this writing, while PYTH and NEAR are worth $0.446 and $6.68, respectively. Earlier…
Solana’s native token, SOL (SOL), has surged 8% since falling to $222 on November 26. Despite this recovery, some investors remain skeptical, citing a sharp correction from the Nov. 23 all-time high of $263.80 as a possibility. A sign of a shaky uptrend. However, on-chain and derivatives data shows that SOL still possesses significant upside potential.SOL/USD (blue) vs. altcoin market cap (purple). Source: TradingView / CointelegraphInvestor frustration is partly due to a slight 1% rise in SOL between November 20 and November 27, during which time the broader altcoin market cap increased by 12%. Several tokens outperformed significantly, with Stellar…