Key Points Shiba Inu (SHIB) token fell 8% following the news of the WazirX hack. This attack is the latest in a series of attacks targeting global cryptocurrency exchanges, including BtcTurk and DMM Bitcoin. Share this article According to data from CoinGecko, Shiba Inu’s SHIB token fell 8% following a security breach targeting major Indian cryptocurrency exchange WazirX on Thursday. SHIB recovered slightly after hitting a low of $0.00001734, but the bounce was short-lived.The vulnerability, first discovered by security firm Cyvers Alert, is estimated to have resulted in the loss of more than $230 million in cryptocurrency assets.WazirX confirmed the…
Author: Crypto Flexs
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Darius Baru July 18, 2024 10:46 The Hong Kong Monetary Authority (HKMA) has announced participants for its Stablecoin Issuer Sandbox, accelerating the development of the stablecoin ecosystem in Hong Kong. The Hong Kong Monetary Authority (HKMA) has released the list of participants for its Stablecoin Issuer Sandbox, an important initiative aimed at promoting the sustainable and responsible development of Hong Kong’s stablecoin ecosystem.Participant AnnouncementIn a press release dated 18 July 2024, the HKMA disclosed the names of the entities selected to participate in the sandbox. These participants are:JINGDONG Coinlink Technology Hong Kong LimitedRD INOTEK…
The Terra Luna Classic community is voting to create a new website for LUNC. The author estimated that Bitcoin.Org would see a loss of 3.25 million visitors. When the Terra Luna Classic was restored, prominent LUNC members protested the proposal. The community of Terra Luna Classic (LUNC) is making great strides in reviving the network, as revealed in a new governance proposal, which author Dawid Skinder explains is causing the network to lose popularity and attract potential investors.Why do we need an official LUNC website now?The official website for Terra Luna Classic has been non-existent since UST was unpegged in…
Bitcoin is fighting an uphill battle after missing a key bullish trend line in June for the first time in nearly a year.According to data from on-chain analytics platform CryptoQuant, Bitcoin (BTC) price action is retesting the price realized by short-term holders (STH).BTC price turns short-term holders into profitBitcoin STH activity is a key reference point during bull markets, as the aggregate cost basis of this group of speculative holders often forms long-term price support.The same phenomenon has been observed since the recent bull market that started in early 2023, with BTC/USD only briefly falling below the STH realized price.…
I’m trying to go from Seed to xprv root key in BIP39 syntax. I have the following BIP39 syntax: “The whale lettering thought art work is noisy, so the dog prefers to imitate the pink banana” According to Ian Coleman’s tool, it returns a Seed. “af0dc2290ec62618dd11686d3fb7201dc3a57dcc3129713272cd1fe75002d963db048cfda84da6cc1762c027b49b1a76e2d3e408f589c7acfca681e506a03aff” And xprv “xprv9s21ZrQH143K2Xszf61JSrkqT2cgXVbhKcu3YcfKmL5gYquAsMTFTwZ6NDqjMzPkCk4k9MkqwQKqyfxH7K3RCXdRZ7poUFZw3h5mEu9kCEW” Let’s emulate this using the following code. from hashlib import pbkdf2_hmac #import for going BIP39 words to key def BIP39_to_hash(): mnemonictohash=”prefer offer puppy imitate pink banana because whale letter thought artwork loud” a512string = pbkdf2_hmac(‘sha512′,bytes(mnemonictohash,’ascii’), bytes.fromhex(”), 2048, dklen=512) #bytesfromhex is the salt (blank), 2048 is iterations print(binascii.hexlify(a512string)) #as Byte String converted…
The 11 U.S. spot Bitcoin exchange-traded funds continued their upward trend for the ninth day, recording a total of $53.35 million in daily net inflows on Wednesday. However, Wednesday’s net inflows were significantly lower than Tuesday’s $422 million.According to SoSoValue, BlackRock’s IBIT saw its largest net inflow of the day, attracting $110.37 million. data. The largest spot Bitcoin ETF in terms of net asset value recorded $1.21 billion worth of volume on Wednesday. The only other fund to see net inflows was Fidelity’s FBTC, which reported $2.83 million.Meanwhile, Grayscale’s GBTC saw a net outflow of $53.86 million, while Bitwise’s BITB…
Investing in Bitcoin involves buying and holding Bitcoin, a decentralized digital currency, to potentially profit from its appreciation. Investors can buy Bitcoin through exchanges, store it in digital wallets, and take advantage of market fluctuations using strategies such as long-term holding or trading.Bitcoin to US Dollar Refers to the exchange rate between Bitcoin (BTC), a digital cryptocurrency, and the US dollar (USD).When investing in Bitcoin, expect high volatility, the potential for significant profits or losses, and the need for secure digital storage. Stay informed about market trends, regulatory changes, and technological developments.You need to be prepared for market volatility and…
Rebecca Moen 18 Jul 2024 07:46 The Say Foundation aims to foster Japanese cryptocurrency startups by launching a $50 million Japanese ecosystem fund that supports Web 3.0 games, social, and entertainment. Sei Foundation announced the launch of the Japan Ecosystem Fund, a $50 million fund aimed at accelerating the growth of crypto startups in Japan. Unveiled at the inaugural “Sei Web3 Day for Japan” event in Tokyo, the initiative is designed to provide significant support to early-stage startups and existing teams looking to scale operations on the Sei Network.Promoting ecosystem development and social impactThe…
Several users claiming to be Mt. Gox creditors have posted on the slush subreddit, stating that unknown hackers have made several unauthorized login attempts to their Mt. Gox accounts over the past 24 hours.Users claimed that the actors may have used brute force techniques, adding that two-step authentication may have prevented the intruders from accessing their accounts. Others suggested that the incidents may have been caused by some flaw in the system.A brute force attack is an attack where a hacker attempts to gain access to a user account or system by systematically testing multiple passwords or keys to find…
Top crypto strategist sees memecoin dogwifhat (WIF) now up over 350%. Earlier this month, anonymous analyst Blunts told his 265,200 followers that WIF was in the early stages of a new fifth-wave surge. Analysts use Elliott Wave Theory, which explains that bullish assets tend to go through a five-wave rally after completing an ABC corrective move. With WIF currently trading at $2.21, Bluntz believes that WIF’s ABC correction is over and that Mimecoin is ready for a massive upside move. “The $10 WIF is coded by law. Once it gets going, do you think people who missed the last run…