Cardano co-founder Charles Hoskinson has come out in support of ADA, arguing against those labeling it “dead.” Despite the support, ADA continued to decline and bearish market sentiment persisted. Cardano (ADA) co-founder Charles Hoskinson has recently been involved in a heated debate with cryptocurrency analysts. It all started when cryptocurrency analyst Ben Armstrong claimed that Cardano was dead. He claims in a YouTube video that ADA has indeed disappeared, adding that this time things are different and investors should not watch their investments take a hit. He continued this discussion on his X (formerly Twitter) page, which sparked a backlash…
Author: Crypto Flexs
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Phishing emails were sent to 35,794 email addresses on 2024-06-23 00:19 AM UTC. Update@blog.ethereum.org With the following contents Users who clicked on the link in the email were taken to a malicious website. The website was running a crypto drain in the background, and when users created a wallet and signed a transaction requested by the website, money was drained from the wallet. Our internal security team immediately launched an investigation to determine who initiated the attack, what the purpose of the attack was, when it occurred, who was affected, and how it occurred. Some of the initial steps include:…
Arkham Intelligence Announces Partnership with Galatasaray SKArkham Intelligence has officially announced a strategic partnership with Galatasaray SK, the current champions of the Turkish Süper Lig. According to Arkham Intelligence, the collaboration, which will run for two seasons starting from the 2024/25 season, will see Arkham branding prominently displayed on the left sleeve of the Galatasaray A-team shirt.Collaboration detailsThe partnership aims to leverage Galatasaray’s massive fan base to strengthen Arkham’s presence in Turkey. The collaboration is expected to increase brand visibility and drive community engagement in the Turkish market.Expanding Community ParticipationArkham Intelligence expressed their enthusiasm for…
BNB recently fell below the important $500 support level, signaling a continuation of the downtrend. This decline shows increasing selling pressure and growing bearish sentiment within the cryptocurrency markets. As BNB falls below this critical threshold, analysts and traders are watching for further downside moves, potentially targeting lower support levels. A break of the $500 mark is a key indicator of continued market weakness, suggesting that BNB could face continued challenges in the short term. This article explores the bearish sentiment around this area, with technical indicators providing comprehensive insight into potential future trends, key support levels to watch, and…
Bitcoin was looking for a bounce when Wall Street opened on July 5, as the market digested the start of Mt. Gox refunds.BTC/USD 1-hour chart. Source: TradingViewBitcoin Bull Market: “The Road Ahead Is Rocky”According to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price has bounced 3.8% from its low of $55,550 on Bitstamp.This marked the lowest level for BTC/USD since late February as liquidations increased and sentiment neared “extreme fear.”Market experts were surprised by the scale of the recent decline, but blamed it on transfers originating from wallets associated with the Mt. Gox rehabilitation process.“The first transfer…
Organizers of a crowdfunding campaign that raised nearly $700,000 in March to bring Solana’s meme coin, Dogwifhot (WIF), to the Las Vegas Sphere are confident the advertising deal will go through despite the long wait.Mihir, one of five organizers listed on the official “sphere wif hat” website, told Cointelegraph he is “90 percent sure” the campaign will feature mascots in the Las Vegas Sphere for a week.A Las Vegas Sphere NBA promotion shot from the street. Credit: Akash Gupta/XMihir added that Sphere representatives coined the new “crypto-only” term after hearing about the campaign, and that there were internal meetings to…
What is a cross-function reentrancy attack? Cross-function reentrant attacks use multiple functions to execute the attack, which can occur when single-function reentrant attacks are improperly mitigated. Cross-function reentrant attacks are more complex to find vulnerabilities in than single-function reentrant attacks because they use a combination of multiple functions. This article explores how cross-function reentrancy attacks work, examples of attacks, and how to prevent cross-function reentrancy attacks. Example of a cross-functional reentrancy vulnerability This smart contract adds: transfer The ability to transfer a user’s value to another user without using ETH. // SPDX-License-Identifier: MIT pragma solidity 0.8.20; import “@openzeppelin/contracts/utils/ReentrancyGuard.sol”; contract Vault…
Grayscale Ethereum Ethereum -5.15% With the launch of the spot Ethereum exchange-traded fund (ETF) in the United States, the Trust (ETHE) will no longer trade at a discount to its net asset value (NAV).According to YCharts data, ETHE, which has been trading at a discount for the past three years, reached a premium of 0.31% to NAV on July 3, ahead of the Independence Day holiday.The premium or discount to NAV indicates how much higher or lower the market price of each stock is relative to the value of the ether it represents.The ETHE discount rate has been decreasing since…
Solana could rally to $150 on the back of ETF expectations and the growth of the meme coin ecosystem. POODL is expected to be a new entrant into the Solana meme coin ecosystem. Scheduled to launch on July 17th, POODL combines fashion and cryptocurrency, targeting elite and Asian markets. Cryptocurrency investors are keeping a close eye on Solana (SOL) amid the turbulent market environment, eagerly anticipating potential bullish signals despite the recent downturn. Even as the market fluctuates, Solana’s performance remains important, especially with upcoming catalysts such as the potential approval of an ETF and the emergence of new Solana-based…
Binance, one of the world’s leading cryptocurrency exchanges, is celebrating its 7th anniversary with a variety of exciting events, giveaways, and rewards. According to Binance, the festival, which will run from July 5 to July 10, 2024, will offer Binance users multiple opportunities to win $7,000 worth of BNB token vouchers, digital badges, and exclusive Binance merchandise. X (Twitter) Giveaway Event Participants can join the celebration on X (formerly Twitter) by following Binance official channels and retweeting specific tweets with the hashtag #BinanceTurns7 along with a comment about what “Be Binance” means to them. This…