A cryptocurrency investment firm says it is looking to double the impact of digital asset donations to fund election campaigns of crypto-friendly candidates. Tushar Jain, co-founder of Multicoin Capital, revealed on social media platform X that the firm is supporting the Sentinel Action Fund, a conservative political action committee (PAC) that campaigns for crypto-friendly candidates. According to Jain, Multicoin Capital will match up to $1 million in SOL donations to support the super PAC’s efforts. “By building the framework for victory for (Senator candidates) Sam Brown, Dave McCormick, Bernie Moreno, and Tim Sheehy, we are adding four important voices to…
Author: Crypto Flexs
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According to Latest details Immunefi, which surfaced, has joined forces with the Ethereum Foundation to launch an “Attackathon.” This collaboration is part of a limited-time code review program aimed at identifying potential vulnerabilities in the Ethereum core protocol. Ethereum Foundation Donates $500,000 Attackathon aims to bring together the best security researchers and developers from around the world to closely examine Ethereum’s technology and security measures. The Ethereum Foundation kicked off the program by donating $500,000 to the reward pool, which will be used to reward participants who discover and report security issues and bugs. Fredrik Svantes, director of protocol security…
A cryptocurrency wallet called “German Government (BKA)” has sold an additional $900 million worth of Bitcoin, raising concerns that the associated selling pressure could push the BTC price lower. According to on-chain data from Arkham Intelligence, a wallet associated with the German government transferred a total of approximately 16,309 Bitcoin (BTC) in multiple transactions to multiple external addresses on July 8. This represents the largest single-day Bitcoin liquidation. Some of the transfers were made to cryptocurrency exchanges Bitstamp, Coinbase, and Kraken, as well as market makers Flow Traders and Cumberland DRW.One of the largest trades saw 3,500 BTC sent to…
Valora Launches “Mobile Stack” to Enable Mobile-First Web3 DApp Development on iOS and Android The mobile stack aims to improve UX and accessibility in the Web3 ecosystem. Initial apps launching on the Mobile Stack include “Troopo” and “ChatGPT Data DAO.” Peer-to-peer payments company Valora has launched “Mobile Stack,” a groundbreaking decentralized, permissionless, open protocol launchpad for Web3 decentralized applications (DApps) on iOS and Android. Mobile Stack aims to extend Valora’s Web3 reach beyond its current crypto native audience. It bridges the gap in mobile native experiences within the Web3 ecosystem by providing a user-friendly platform designed to simplify mobile-first DApp…
Company • July 8, 2024 5:15 PM EDT Posted 1 minute earlier In ~ Exchange Cboe BZX has filed a form with VanEck and 21Shares for a Solana exchange-traded fund (ETF), as both firms look to launch the first of their kind.Cboe BZX filed Form 19b-4s on Monday. 21Shares Core Solana ETF and VanEck Solana Trust. This form is a request submitted to the U.S. Securities and Exchange Commission to notify the agency of a proposed rule change. This form is part of the process of obtaining agency approval for a crypto ETF.The exchange compared the product to the spot…
XRP trading volume has increased slightly over the last 24 hours. There has been a fight between sellers and buyers recently. As Ripple (XRP) struggled earlier this week, there was a noticeable shift in market sentiment, with more traders taking short positions on XRP. This change is reflected in one of XRP’s key derivatives indicators, which suggests increased bearish sentiment among traders. XRP’s mood changes AMBCrypto analyzed Ripple funding rates on Coinglass, reflecting significant changes in market dynamics. XRP’s weighted funding rate, which was around 0.0097% on July 7, has dropped noticeably, dropping below 0 throughout the day and stabilizing…
Chainalysis, a leading blockchain data platform, announced the appointment of Emmanuel Marot as its new Vice President of Products. According to Chainalysis, Marot joins the company amidst the rapidly evolving cryptocurrency ecosystem, and his expertise is expected to drive innovative solutions for both public and private sector clients. Extensive experience in technology and innovation Emmanuel Marot brings a wealth of experience to Chainalysis, with 30 years of experience in technology product development across Europe and the US. Most recently, Marot led product management in Google’s Search organization, focusing on generative AI for travel and local…
Blockchain financial assets have seen tremendous adoption in recent years. Institutions and individuals are now looking for practical ways to gain exposure to digital assets with minimal hassle. To date, the Japanese cryptocurrency market has been underserved, lacking reputable organizations that provide the on-chain financial services needed to participate in the future digital ownership economy. Today, several major Japanese financial services companies announced a strategic integration of their operations to address this urgent need, launching Unbanked. Unbanked aims to provide digital liquidity solutions to the Japanese market and beyond. Crowd Bank, Personal Capital, and Kinka Gold will work together to…
Bitcoin (BTC) has been rocked by a series of negative events, including Mt. Gox repaying 140,000 BTC to creditors and the German government’s ruthless liquidation of BTC. Both factors raise the possibility of a multi-billion dollar BTC sell-off, which has traders wondering if there is more downside to come for the Bitcoin market, which fell 15% in the first week of July.Bitcoin Could Fall Below $38,000: AnalystIndependent market analyst Matthew Hyland has confirmed that his downside price target for Bitcoin would be below $38,000. In his July 8 X post, Hyland supported his bearish outlook by citing Bitcoin breaking out…
According to the NVIDIA blog, Toronto-based startup Wabi is making significant progress in autonomous vehicles (AVs) by leveraging the power of generative AI to deliver a fully driverless solution, targeting the long-haul trucking industry in particular. Innovative AI solutions for autonomous trucks At the forefront of this innovation is Waabi’s use of the NVIDIA DRIVE Thor central vehicle computer, which was unveiled at GTC in March. The partnership aims to bring to market a safe, generative AI-based autonomous truck solution known as the Waabi Driver. The Waabi Driver is designed to be a cost-effective, scalable…