Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technologies aimed at fighting chronic diseases, expanded its Bitcoin portfolio by acquiring an additional 247 Bitcoins for $17 million, including fees and expenses. As of June 6, the company’s total Bitcoin holdings were 828 BTC, purchased for a total of $57 million. CEO Doug (…)
Author: Crypto Flexs
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Blockchain network Zilliqa has officially released its whitepaper and roadmap for its highly anticipated version 2.0 upgrade, which will be deployed on mainnet in late 2024. According to the network, the new version promises to improve the platform, making it faster, more efficient, and able to collaborate with other blockchain networks. What’s new in Zilliqa 2.0At the core of Zilliqa 2.0 is a sharding architecture called x-shard. This feature allows businesses and developers to create customized blockchain experiences tailored to their needs, while users can build anything they imagine on the Zilliqa platform.Sharding is a method used in blockchain and…
Available exclusively throughHow BlackRock’s Bitcoin ETF Shapes Cryptocurrency Markets Andjela Radmilac · 4 days ago CryptoSlate’s latest market report details the meteoric rise of BlackRock’s Bitcoin ETF to understand how it has positioned itself at the forefront of the cryptocurrency market.
The Norwegian government froze and returned $5.7 million in related funds, including $600 million. ronin theory -2.22% Exploit in 2022.Ronin is an Ethereum sidechain built to support Play-to-Earn Web3 games. axi infiniti AXS -1.12% Created by developer Sky Mavis.Sky Mavis posted on The Axie Infinity web3 game creator said recovering assets would require a joint effort between law enforcement, lawyers, accountants and blockchain forensics companies such as Chainalytic. It was confirmed that 15% of the funds would be used to cover costs and the remainder would be deposited into the Axie Infinity treasury.“We would like to express our heartfelt gratitude…
A closely watched cryptocurrency analyst believes an Ethereum (ETH) competitor is gearing up for huge profits. Alien trader Kaleo tells his 641,800 followers on social media platform “AVAX/BTC: I still won’t sleep on the Avalanche here. The chart appears to be at a similar point as in July 2021. I started the year with big gains, followed by months of bleeding before I started tearing up. Be quiet before the storm comes.” Source: Kaleo/X Looking at the chart, traders suggest that AVAX/BTC could break out to 0.0014 BTC ($99.87) in a descending channel, similar to t.The trading pair surged from…
Telegram recently transformed its presence in the digital market by launching Telegram Stars, a new payment method within the application. Announcing the new feature, Pavel Durov, CEO of the social network, explained that it will allow users to easily purchase a variety of digital goods and services through apps on iOS and Android devices. Telegram Stars is interesting because users can use Stars to purchase digital assets such as e-books, online courses, and in-game items. This virtual currency can only be used on the platform. The stars mentioned above can be conveniently purchased directly from the application. One of the…
The US Bitcoin exchange-traded fund (ETF) experienced significant inflows amounting to $488.1 million on June 5, indicating a bullish development in the market. However, this financial momentum is juxtaposed with a sharp decline in retail interest, as reflected in Google Trends data that shows a sharp decline in Bitcoin-related searches compared to 2021 peaks.Impressive influx despite low search volumeUS Bitcoin ETFs recorded the second highest inflow day on June 4th with $886.6 million, followed by $488.1 million on June 5th. Leading the way was Fidelity’s Wise Origin Bitcoin Fund (FBTC), which accounted for $220.6 million of total inflows. BlackRock’s iShares…
The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent websites and internet banking login screens linked to China CITIC Bank International Limited. The warning aims to protect the public from potential financial fraud, as highlighted in the bank’s recent press release. Fraudulent websites and login screens According to the HKMA, fraudulent websites and login screens have been reported and the public should be vigilant. The scam site mimics China CITIC Bank’s legitimate internet banking platform, potentially tricking users into revealing sensitive personal information. public consultation The HKMA emphasizes that legitimate banks will…
Bitcoin mining company Bitdeer has introduced the “SEAL04” chip in its technology roadmap for its newly launched Sealminer rig. The SEAL04 chip, scheduled for release in the second quarter of 2025, is expected to achieve energy efficiency as low as 5 joules per terahash (J/TH).According to a press release, the roadmap aims to increase transparency in mining and manage miners’ expectations regarding technological advancements and equipment deliveries, while providing data analytics on machine functionality, inventory and purchasing behavior.Pioneering low-power Bitcoin miningBitdeer says the SEAL04 chip will power the fourth generation of Sealminer machines, which will be mass produced and shipped…
With Bitcoin and Ethereum surging, what does the Ripple price prediction indicate about XRP’s ability to keep up with these market leaders? Ripple (XRP) has been in the spotlight for quite some time, but not necessarily for the reasons fans would like. Since the beginning of the year, XRP has been flat and showing disappointing performance. While Bitcoin (BTC) and Ethereum (ETH) have surged 69% year to date (YTD) and other altcoins are up over 100%, Ripple’s value has fallen nearly 15% and is currently sitting at $0.53. XRP 1 year price chart | Source: CoinMarketCap Despite this lackluster performance,…