Security • June 25, 2024, 3:03 a.m. EDT Posted 1 minute ago In ~ Bitcoin DeFi protocol Alex Lab said last month’s $4 million exploit was most likely linked to the North Korean-backed cyber hacking group Lazarus Group.Alex Lab said in post On Tuesday, after an extensive investigation assisted by cryptocurrency detective ZachXBT, the project identified “substantial transactional evidence linking this attack to the Lazarus Group, a notorious hacker group believed to be linked to the North Korean government.” .In the post, the team detailed two addresses, one linked to the initial exploit and one linked to the Lazarus Group,…
Author: Crypto Flexs
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Analysts warn that ETH could fall to $2.4K after ETF launch. Another market observer blamed macro conditions, BTC and SOL, for the negative sentiment in ETH. expectation Ethereum (ETH) ETF prices were low and analysts had mixed views on the topic. As of press time, ETH has retreated to a low of $3.2K, down 18% from its recent high of $3.9K since partial ETF approval in late May. With just a few days left before the ETF launch, Andrew Kang, founder of cryptocurrency fund Mechanism Capital, expects ETH to fall further to $2,400. Some of his recent analysis read, ‘Before…
Astar Network and Startale announced a strategic merger marking the beginning of a comprehensive two-phase strategy known as Astar Evolution. According to astar.network, this important move aims to leverage the combined strengths of the two organizations to foster greater innovation and growth in the web3 ecosystem. journey of evolution This merger is a response to the evolving challenges and opportunities within the web3 space. Astar Network, recognized for its solid technology foundation, and Startale, known for its industry collaborations and blockchain-focused products, have both independently made notable progress. However, as markets become increasingly complex and…
Ethereum is in a downward trend, down about 18% from its March 2024 high. Confidence is high among analysts, even though bears are keeping spot rates in check and keeping the second-most valuable coin below $3,700. ETH Futures Open Interest Increases on CME Regarding X, one of them pointed out that there are clear signs that institutions are trying to push prices higher. “Big money” is likely taking advantage of the recent correction to accumulate ETH, the analyst said, noting that open interest for Ethereum futures on stock exchange CME is increasing. To reaffirm this outlook, the analyst said that…
Bitcoin price gained bearish momentum and traded below $60,000. BTC is signaling a near-term downtrend and could face a hurdle near $62,000. Bitcoin began a new decline near the $62,550 resistance level. The price is trading below $61,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming at resistance $62,400. The pair may correct higher, but the upside may be limited above the $62,000 resistance zone. Bitcoin price plummets Bitcoin price failed to recover above the $63,500 level. BTC struggled above $63,000 and began another downtrend.…
Funding • June 25, 2024 1:13 AM EDT Posted 1 minute ago In ~ The U.S. spot Bitcoin exchange-traded fund (ETF) recorded total daily net outflows of $174.45 million on Monday, recording negative flows for the seventh consecutive day.Grayscale’s GBTC led the outflow with $90 million, and Fidelity’s FBTC reportedly recorded an outflow of $35 million yesterday. data In small value. Franklin Templeton’s EZBC reported a net outflow of $20.8 million, its first net outflow since May 2. Several other funds saw net outflows on Monday. VanEck’s HODL resulted in a $10 million outflow. Bitwise’s BITB hit $8 million. Ark…
Some crypto wallets offer Multisignature transactions (aka “Multisig”), which require multiple private key signatures in order to spend cryptocurrency.Because Multisig decentralizes spending authorization among multiple signers, it provides protection against having a single point of failure in the event of loss of control of a crypto wallet.Multisig wallets also allow organizations to construct complex spending rules involving multiple parties.Multisig has some potential pitfalls due to its inherently more-complicated design. As Mutisig is not a common or widely used approach, it remains incompatible between different cryptocurrencies e.g. ETH and BTCEach participant in a Multisig setup must maintain careful key and wallet…
Share this article Despite the market sell-off on Monday, a number of artificial intelligence (AI)-related cryptocurrency assets showed impressive performance. These include Fetch.ai (FET), Ocean Protocol (OCEAN), SingularityNET (AGIX), and Arkham (ARKM).According to data from CoinGecko, FET is up 20% in the last 24 hours and is currently priced at $1.69.Source: CoinGeckoOCEAN also showed a positive trend, rising 15% over 24 hours and is currently trading at $0.68. Meanwhile, AGIX is up about 15.5% over the last 24 hours and is currently trading at about $0.68. The recent price surge follows news that the Artificial Superintelligence Alliance, which includes SingularityNET,…
The once-hot cryptocurrency market continues to falter as Bitcoin, the undisputed king of the digital realm, leads the retreat. After a euphoric rally that broke the $73,000 level earlier this year, Bitcoin shed its royal mantle and plummeted to new lows, dragging the entire cryptocurrency ecosystem into a period of frozen uncertainty. Related Reading Escape from the Empire: Investors Raise Billions of Dollars There has been a mass exodus from Bitcoin over the past few weeks. Investors, spooked by the prolonged price slump, fled this iconic cryptocurrency in droves. A recent report from CoinShares paints a bleak picture, revealing that…
Despite blockchain’s soaring popularity, there is a chronic “lack of infrastructure” for developers to build games on Solana, at least according to Mirror World CEO Chris Zhu.Zhu told Cointelegraph that certain decentralized finance features taken for granted on other blockchains, such as cross-chain swaps and cryptocurrency on/off ramps, are not easily accessible to Solana game developers. “For example, we find it difficult for applications like games to internalize the value of a shared Solana layer that is not designed with just one application in mind,” Zhu said. Specific applications may require custom features such as privacy, instant payments, and asset…