Company • July 12, 2024 2:17 PM EDT Posted 1 minute earlier In ~ It’s Friday! In today’s Daily, the SEC has launched another investigation, this time into Hiro’s Stacks blockchain. Plus, some companies are getting away with the agency’s controversial cryptocurrency accounting disclosures, and ZAP has reached a $100 million valuation. Let’s begin. SEC Drops Investigation into Hiro’s Stack Another SEC cryptocurrency investigation has been dropped, this time into Hiro’s stack, a Bitcoin scaling layer for smart contracts, according to a regulatory filing published Friday. In a Form 1-U filing that companies use to report material changes, Hiro…
Author: Crypto Flexs
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According to OpenAI, OpenAI and Los Alamos National Laboratory have announced a collaborative research partnership aimed at developing safety assessments to evaluate and measure biological capabilities and risks associated with frontier models. Partnership Goals The primary purpose of this partnership is to strengthen safety protocols for advanced AI systems, especially those that interact with biological data. The collaboration aims to create a robust methodology for assessing the potential risks and benefits of these systems, ensuring they operate within safe and ethical boundaries. Focus on the frontier model Frontier models at the cutting edge of AI…
XRP (XRP), which hit a four-year low, appears to be on the verge of a comeback against its Bitcoin (BTC) trading pair. Fueling this bullish reversal is the appearance of a classic bullish pattern, a triple bottom formation.XRP Aims for 30% Rebound Against BitcoinA triple bottom pattern is formed when price makes three distinct lows, all reaching similar price levels, indicating strong support. A triple bottom trend reversal is illustrated.After the third low is recorded, the price breaks through the neckline resistance level formed between the two lows and, according to the principles of technical analysis, rises to the maximum…
Many people do not realize that DePIN applications will emerge just as quickly. There will be more opportunities to monetize resources, whether CPU, GPU, or GPS records. There is no reason why these developments should be in conflict with each other. In fact, they should be developing simultaneously. DePIN can help AI development become energy efficient and climate friendly. In the AI era, GPU is the new oil, and we should treat it as such.
XRP (XRP), which hit a four-year low, appears to be on the verge of a comeback against its Bitcoin (BTC) trading pair. Fueling this bullish reversal is the appearance of a classic bullish pattern, a triple bottom formation.XRP Aims for 30% Rebound Against BitcoinA triple bottom pattern is formed when price makes three distinct lows, all reaching similar price levels, indicating strong support. Triple Bottom Trend Reversal ExplainedAfter the third low is recorded, the price breaks through the neckline resistance level formed between the two lows and, according to the principles of technical analysis, rises to the maximum distance between…
Cardano price started to rise steadily above the $0.3850 resistance level. ADA is now trying to gain bullish momentum by closing above $0.40. ADA price is on an upward trend again, trading above $0.3880. The price is trading above $0.390 and the 100 hourly simple moving average. There is a major bullish trend line forming with support at $0.3935 on the hourly chart of the ADA/USD currency pair (data source: Kraken). This pair could gain bullish momentum if it closes above the $0.40 area. Cardano price expected to rise steadily Over the past few sessions, Cardano has started a significant…
Germany transferred thousands of bitcoins to various exchanges and market makers over the course of several days with the intention of selling the cryptocurrencies it seized in January.According to data collected by Arkham Intelligence, wallet balances in European countries reached zero on Friday afternoon, with Germany at X.3846.05 Bitcoin +0.35% (223.81 million dollars) “To the Kraken.”According to Arkham Intelligence (an on-chain analytics firm), in the early hours of Friday, a German wallet transferred bitcoin to wallets linked to Bitstamp, Coinbase, Kraken, B2C2 Group, Cumberland DRW, and an unmarked OTC service address. The Bitcoin transfer date appears to be related to…
CryptoQuant CEO Reveals Suspicious HTX Movements, Claims Justin Sun Is Behind Them HTX owner Sun breaks silence, denies $69K Bitcoin leverage play Bitcoin briefly plunged below $57,000 before bouncing back to $58,000 on Friday. Tron founder and cryptocurrency entrepreneur Justin Sun has taken to X to refute rumors that he was long Bitcoin (BTC) at $69,000. Sun made waves yesterday when a crypto whale tracking agency found that he spent $5 million to take advantage of the Ethereum (ETH) crash.CryptoQuant Suspects Fraud at HTXToday, blockchain intelligence and statistics firm CryptoQuant has uncovered yet another seemingly big move by Sun. The…
In this research paper, we review how cross-contract reentrancy attacks work, examples of attacks, and guidance on how to prevent cross-contract reentrancy attacks. Previously we covered single function reentrancy and cross function reentrancy attacks. The previous vulnerabilities were easy to find because all you had to do was check if a value was updated by an external call, or if it was not supposed to be updated. What is a cross-contract reentrancy attack? Cross-contract reentrancy attacks use multiple smart contracts to exploit vulnerabilities. The code for cross-contract reentrancy attacks is more complex because it uses multiple contracts, and therefore needs…
IBM Quantum is making significant progress in quantum computing, and aims to achieve real quantum gains by developing scalable, error-corrected quantum systems. According to IBM Research, the company has a clear roadmap to address the challenges posed by noisy qubits and to integrate error-correcting techniques to unleash the full potential of this groundbreaking technology. Roadmap to Quantum Advantage IBM’s approach to quantum error correction focuses on building robust systems from the ground up. The company is solving the inherent problem of qubit noise, which has been a major obstacle to practical implementation of quantum computing.…