According to on-chain data, crypto whales have sold tens of millions of dollars worth of Solana (SOL) since the beginning of the year. According to blockchain tracking site Lookonchain, the whale sold its first batch of SOL on January 15. According to on-chain data, the whale released 614,000 SOL (equivalent to approximately $89 million) to cryptocurrency exchanges Coinbase, OKX, and Binance over the next few weeks and months. Source: Lookonchain/X According to Lookonchain, this whale averages one sale per week. Source: Lookonchain/X A closer look at the on-chain data shows that approximately 100,000 SOL was withdrawn from staking platforms over…
Author: Crypto Flexs
Read More
Ethereum price has started a pullback from the $2,680 resistance level. ETH is currently in a downtrend and is at risk of a bigger downside if it fails to stay above $2,550. Ethereum is down again below the $2,650 level. The price is trading below $2,680 and the 100 hourly simple moving average. On the ETH/USD hourly chart based on data provided by Kraken, there is a support line forming at $2,610, with a major bullish trend line forming. Losses could be magnified if this pair falls below the $2,550 support zone. Ethereum price shows signs of weakness Ethereum price…
Block • August 21, 2024 6:27 PM EDT Posted 1 minute earlier ~ in Updated: August 21, 2024 6:39 PM EDT Former FTX executive Ryan Salame’s attorney says prosecutors used the plea deal to “intimidate” his partner and mother of his child, Michelle Bond, and failed to follow through on a promise not to press charges against her.Salameh’s attorneys are asking a New York court to dismiss Bond’s campaign finance charges or vacate his conviction in May.“In an effort to entice Salameh to enter a defense, government attorneys communicated to Salameh that if she pleaded guilty, they would drop the…
The Shiba Inu ecosystem has made significant progress with the launch of the closed beta of Shiba Eternity, the first game built on the Shibarium blockchain. Today, Shiba Inu Marketing Director Lucy made a comprehensive announcement at X, detailing the game’s launch timeline and features, marking a significant moment for the popular meme coin as it transitions to a more utility-based ecosystem. Shiba Inu Presents Its First Shibarium-Based Game Lucy’s announcement details a complete overhaul of the game from previous iterations. “Leash Stakers, take note! Shiba Eternity’s closed beta has begun. This is not an old game with a few…
Felix Pinkston 22 Aug 2024 03:00 Anyscale’s latest blog post dives deeper into Direct Preference Optimization (DPO) with Synthetic Data, highlighting its methodology and applications in language model tuning. According to Anyscale, Direct Preference Optimization (DPO) has emerged as a prominent methodology for tuning language models to align their output with human preferences. The company’s latest blog post provides an in-depth case study on applying DPO using synthetic data, specifically in the context of summary tasks. Generate synthetic data Synthetic data generation has become a powerful technique for creating high-quality data sets. Anyscale’s approach…
ETH Users Turn to Private Trading Rather than Preemptive Trading Private transactions accounted for 30% of total trading volume but consumed 50% of Ethereum gas. Throughout this year, the cryptocurrency markets have experienced significant change, development, and increased volatility. Amidst these market changes, Ethereum (ETH) has seen growth in network activity, revenue, and addresses. Likewise, private trading order flow has surged significantly in the past year. Ethereum users prefer private transactions Source: Blocknative According to research by Blocknative, there has been a significant increase in private trading order flow on the Ethereum network. According to our data, private transactions consumed…
Everyone seems to agree that social media has become a cesspool, with cancel culture mobs enforcing ideological purity on one side and trolls spreading conspiracy theories on the other. X and Facebook have been accused of amplifying hate and conflict, and the riots in the UK show how a few social media posts can ignite a cauldron of boiling anger and resentment. In response, governments around the world are cracking down on free speech. Turkey has banned Instagram, Venezuela has banned X, and the British government has jailed people for inciting violence, and in some cases for simply holding outrageous…
Trade • August 21, 2024 5:56 PM EDT Posted 1 minute earlier ~ in Quick take McDonald’s Instagram Account Seemingly Hacked to Promote Solana Token ‘Grimas’ NBA All-Stars Jimmy Butler and Ben ‘Beat Boy’ Armstrong Settle Class Action Lawsuit Against Binance Bitcoin Trading Slumps After Downward Revision of US Job Growth The following is an excerpt from The Block’s newsletter, The Daily, published weekday afternoons. Happy Wednesday! In today’s Daily, we look at how hackers hacked McDonald’s Instagram account to promote Solana tokens, NBA players and YouTubers reach a settlement in a Binance-related class action lawsuit, Bitcoin trading is at…
The Linestone Core Module is a set of smart account modules to expand smart account functionality. The Core Module Bundle includes the following modules developed by Linestone: Auto-save: Automatically saves a portion of the received tokens to the vault. ColdStorageHook: Protect your accounts by switching to cold storage for your assets ColdStorageFlashloan: Unlock the utility of assets in cold storage with flash loans DeadmanSwitch: Protect your account by setting up Deadman Switch HookMultiPlexer: Use multiple hooks based on specific conditions MultiFactor: Protect your account more securely by multiplying different validators OwnableExecutor: Control your account from another account. OwnableValidator: Own the…
On August 21, scammers hacked McDonald’s official Instagram page and used the fast food giant’s social media pages to promote and advertise a memecoin called “Grimace,” before stealing over $700,000 from Solana.According to screenshots shared by X, McDonald’s Instagram page posted a series of posts promoting a fake token based on the fast-food chain’s purple mascot, Grimace.Screenshot from McDonald’s Instagram promoting Grimace tokens. Source: XSeveral posts described the fake Memecoin as “Solana’s McDonald’s experiment,” which spread to 5.1 million followers worldwide.According to data from blockchain analytics service Bubblemaps, the hacker first used the Solana memecoin distributor pump.fun to wipe out…