Lido Finance, in collaboration with Ackee Blockchain, conducted a security review of the Lido Finance stETH smart contract over a period of 15 engineering days from May 6 to May 17, 2024. Lido Finance has also expanded the scope to include all contracts in the repository and any changes not reviewed in the previous revision, and Ackee has been awarded an additional time donation of 1.5 engineering days to perform a security review of revision 1.3 between June 17 and June 18, 2024. methodology We started our review using the static analysis tool Wake. We then delved deeper into the…
Author: Crypto Flexs
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Despite the launch of a spot Ethereum ETF in the US, Ethereum (ETH) is down about 1% and set to end July in the red.The US spot Ethereum ETF was launched on July 23, and the immediate market reaction was a 9% drop. The current ETH price is down 4.05% since the launch. However, other reasons may have hindered the price performance. ETHE is seeing faster outflows than GBTC.According to Sosovalue, the overall ETF numbers have been disappointing, with cumulative net inflows now standing at minus $439.64 million. The chart below highlights that most of the selling pressure has come…
According to a draft copy obtained by The Block, Sen. Cynthia Lummis’ bill would provide a path for the U.S. to own bitcoin and give states the option to do so as well. The bill is called the “Enhancing Innovation, Technology and Competitiveness Act.” According to the draft version, it is called the “Optimized National Investment Law 2024” or “Bitcoin Law 2024” for short. “Bitcoin Bitcoin -1.66% It offers unique characteristics as a decentralized and scarce digital asset. Strengthens the U.S. dollar’s position by supplementing existing national reserves. “In the global financial system,” it reads, according to a copy of…
Podcasts hosted by QuickSwap Aggregated He heralded a “major move” to get the audience excited. The teaser follows a recent rebrand that aims to expand the podcast’s reach. Aggregated’s new expanded vision follows QuickSwap’s recent full offering strategy. Crypto podcasts have become increasingly popular in recent years as users try to stay ahead of the curve. One such podcast is: AggregatedHosted by Polygon DeFi’s leading suite QuickSwap, providing insight into the latest crypto events through intense expert discussions and debates. Initially launched under the name “All Roads Lead To Polygon” with a focus on Polygon (MATIC) events, it has rebranded…
Vancouver, BC, July 30, 2024 – Coinbound’s coin doodle / Cunningham Mining Ltd, Canada’s leading mining and precious metals company, is proud to announce an innovative approach to transforming the legacy mining sector into a thriving digital asset economy. By leveraging digital assets and tapping into the “digital crypto economy”, Cunningham Mining Ltd is poised to revolutionize the financing and global reach of the mining and precious metals sector with the built-in analytics capabilities of artificial intelligence and business intelligence through tokenization. The focus is to leverage a decentralized finance “DEFI” model and community with real assets “RWA” derived from…
Wang Long Chai July 30, 2024 18:55 The Sui Foundation has announced the latest grant recipients to support projects strengthening the Sui ecosystem from May to July 2024. The Sui Foundation has revealed the latest grant recipients for May, June and July 2024. According to the Sui Blog, these grants aim to drive innovative projects that will accelerate the growth and integration of the Sui ecosystem.Various project domainsThe selected projects span a wide range of domains and demonstrate the diverse potential of the Sui Network. From advanced analytics and DeFi solutions to advanced digital…
Solana’s native token SOL (SOL) experienced a remarkable 16% surge between July 25 and July 29, reaching a four-month high of $193.92. However, the $190 resistance proved stronger than expected, triggering an 8% correction that brought it back down to the current $179 level. Despite this short-term slowdown, SOL prices rose 23.5% in July, but some traders are concerned that the downtrend is just beginning.Solana (SOL) vs. ETH, BNB, AVAX, ADA. Source: TradingViewIs the Mimecoin Rally a Sustainable Path for Solana Network Growth?To determine if there is a possibility of further correction in the SOL price, it is important to…
The Department of Motor Vehicles (DMV), the most populous state in the U.S., is building its extensive and complex vehicle registration system on the blockchain. According to a new announcement from Ava Labs, the developer behind Avalanche (AVAX), the state of California is using the chain to update its title transfer system. “What else can Avalanche L1 do? The California DMV is launching its own chain, Avalanche, to modernize the vehicle ownership transfer experience for California’s 39 million+ residents.” Ava Labs said in an accompanying post that the new system will allow title transfers to be completed in minutes rather…
Law • July 30, 2024 2:09 PM EDT Posted 1 minute earlier In ~ Happy Tuesday! In today’s Daily, we’ll be covering the SEC’s decision to amend its Binance complaint over whether certain tokens are securities, BitClout founders get sued, Hamster Kombat allocates 60% of token airdrop to players, and more. Vitalik Buterin said that Ethereum is 9 years old today, but some may disagree. Let’s begin. SEC Plans to Amend Binance Complaint on Whether Certain Tokens Are Securities “The SEC has informed Defendants that it intends to seek permission to amend its complaint to include a General Opposition…
In the past 24 hours, a whale has moved 70 million XRP tokens from Binance to an unknown wallet. One expert said that XRP could experience a significant rally similar to what happened in 2018. After an impressive rally, the overall cryptocurrency market fell by 2.8%, with major assets including Bitcoin (BTC), Solana (SOL), and Binance Coin (BNB) seeing their prices fall by 4%, 5.10%, and 3.5%, respectively. This sudden market crash has potentially created a bullish mood for Ripple (XRP), the world’s seventh-largest cryptocurrency. Here’s why: Whale Moves 70 Million XRP Tokens On July 30, blockchain transaction tracking site…