XMR has surged 4.39% over the last 7 days. XMR could rally to $190 as it recovers from delisting and regulatory hurdles. Over the past six months, Monero (XMR) has struggled with delistings from various exchange platforms. In February, Binance (BNB) announced plans to delist XMR from its exchange. Following this, Kraken announced on June 10 that it would delist Monero in Ireland and Belgium, following the UK. The move by Kraken and Binance to delist XMR, a privacy-focused coin, highlights the regulatory challenges cryptocurrencies face. Within Europe, privacy coins will disappear from the market as AMLR passes. With these…
Author: Crypto Flexs
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Blast, an Ethereum Layer 2 network created by the founder of NFT marketplace Blur, has announced details of its second-phase rewards for users.The project announced in a blog post that the second phase of user rewards (similar to the first round) will be split into Blast Points and Blast Gold, with 10 billion tokens allocated. Blast has allocated 17 billion tokens to the first phase of rewards, which began last week. “The primary purpose of Phase 2 is to support the development of mobile dapps and incentivize users to use those dapps through the Blast app,” Blast said in the…
According to the LangChain blog, New Computer significantly improves the memory search system by integrating LangSmith, achieving 50% higher recall and 40% higher accuracy compared to previous baselines. About the new computer New Computer is the team behind Dot, the first personal AI designed to truly understand its users. Dot’s long-term memory system evolves by observing linguistic and behavioral cues, providing timely and personalized support to create a perception of true understanding. A brief overview of Dot’s Agentic Memory The innovative agent memory system developed by New Computer dynamically generates or precomputes documents for future…
American actress Sydney Sweeney’s X account was hacked and now-deleted posts appeared, containing a pump-and-dump scheme promoting a cryptocurrency token bearing her name.SWEENEY, a Solana-based token, surpassed $10 million in trading volume within two hours of its launch on July 2, supported by several promotional posts from Sweeney’s X account.“Well I guess it’s about time… $sweeney is now getting 100mc,” Sweeney wrote in one of his now-deleted X posts, which Cointelegraph could not independently verify.One of Sweeney’s X posts promoting the SWEENEY token. Source: IoaChimbiju/XThe price of SWEENEY fell by nearly 90% in the span of just over an hour…
Every now and then, headlines will appear about $100 million or more worth of Bitcoin (BTC) and cryptocurrency futures contracts being liquidated, with novice traders and non-expert analysts pointing the finger at excessive leverage by retail traders as the cause. Aggregated Crypto Futures 24-Hour Settlement, USD. Source: CoinglassGamblers are undoubtedly responsible for a significant portion of risky gambling, especially when liquidations are concentrated on retail-focused exchanges like Bybit and Binance. However, not all futures liquidations are due to reckless use of leverage. Not all futures liquidations are due to leverage.Some trading strategies used by professionals may be liquidated when there…
Cryptocurrency Trader Duncan He explained the reason for the “very long” Ethereum (ETH) crypto token. Recently dropped to around $3,400He emphasized. Spot Ethereum ETFHe believes this could lead to a significant upside for ETH. A ‘significant upside revaluation’ for Ethereum could be on the horizon. Duncan mentioned on X (previous Twitter) post He believes there is a market. It’s too weak There is currently a possibility of a “significant upward revaluation” for Ethereum. Spot Ethereum ETF inflows “It’s far from terrible,” he added, explaining why he thinks the Spot Ethereum ETF will be a huge success, contrary to what some…
Developers of mini-applications for messaging platform Telegram can now exchange Telegram Stars for: Toncoin ton +3.94% Native tokens of The Open Network or discounted Telegram advertising. The move comes nearly a month after Telegram first introduced Stars, a redeemable virtual point, in early June. Users buy a certain amount of Stars with fiat currency to use within their mini-apps, and now developers have a way to exchange them for cryptocurrency. “Bot developers offering digital goods and services, and creators monetizing their channels with paid posts, can now use the Telegram Stars they’ve earned to get rewarded with Toncoin or buy…
Polka DotThe breadth of Marketing spending I was asked about it effectiveness. part trust Financial Funds It would be better used to support developer and Builder. Some have taken advantage of the overspending to criticize the Department of Transportation for discriminating. Crypto marketing is a tightrope walk between building awareness and communicating complex concepts to a broad audience. This challenge is especially acute in the blockchain industry, where complex protocols underpin innovative technologies. For layer 1 networks like Polkadot, effectively communicating value to both developers and potential users requires a nuanced approach that is difficult to master.Polkadot’s recent marketing efforts…
Monerium A financial technology company with a mission to make digital currencies accessible, secure, and easy to trade. Monerium is an industry leader in compliant emergy solutions regulated in Iceland. The smart contract was previously audited for a total of 12 engineering days of time donation between June 15, 2023 and July 4, 2023. Previous Monerium Audit Summary Includes revisions 1.0, 1.1, and 1.2. This audit summary focuses on the methodology, findings, and recommendations of revisions 2.0 and 2.1. Revised Edition 2.0 Monerium has contracted with Ackee Blockchain to conduct an additional security review of the Monerium smart contracts (Revisions…
Binance, one of the world’s leading cryptocurrency exchanges, has announced support for the upcoming network upgrades and hard forks of MultiversX (EGLD) and Ronin (RON). According to Binance, this move aims to ensure a smooth user experience during these important updates. MultiversX (EGLD) Network Upgrade The MultiversX (EGLD) network upgrade is scheduled to occur at approximately 2024-07-02 16:20 (UTC). In preparation for the upgrade, Binance will suspend deposits and withdrawals of tokens on the MultiversX (EGLD) network starting from 2024-07-02 15:20 (UTC). Trading of EGLD tokens will not be affected during this period. Ronin (RON)…