Blockchain-based gambling project ZKasino says it has begun a 72-hour “two-stage bridgeback process” to return funds to investors, a month after reportedly carrying out a $33 million “rug pull” . “We are launching a two-step bridgeback process that will allow bridgers to register and bridgeback ETH at a 1:1 ratio,” ZKasino said in a May 28 Medium post, adding that the team is not giving up. project. “The ZKasino team is still working hard to make the project a success. “We want to reassure everyone that we are here to continue our best efforts.”Source: Derived MonkThe refund process involves having…
Author: Crypto Flexs
Read More
all Latest Market Reports Research firm Kaiko noted how Grayscale’s Spot Ethereum ETF could have a negative impact on the Ethereum (ETH) price. This is based on the company’s expectation that Grayscale’s Ethereum Trust (ETHE) could follow a similar path. Grayscale’s Bitcoin Trust (GBTC). Ethereum could face significant selling pressure due to the Grayscale leak. Kaiko pointed out. Ethereum Once the Spot Ethereum ETF begins trading, it could face significant selling pressure from Grayscale’s ETHE. The reason is that the fund discount deals It has been between 6% and 26% over the last three months and is likely to be…
Ethereum ETH -0.85% Winning SEC approval for a spot ether ETF has brought some relief to the asset itself.Hopes for the ETF waned earlier this year and interest in Ether faded after the Dencun upgrade began. The asset has lagged behind Bitcoin, which has thrived since the launch of its spot ETF, and many other crypto assets that have seen strong rebounds in the first few months of the year.For example, BTC/ETH, a widely researched chart to measure the performance between two assets, which shows the price of Bitcoin in terms of Ether, rose from 16.6 ETH in mid-January to…
Crypto whales are gobbling up Ethereum (ETH)-based fan engagement tokens, according to analytics firm Santiment. Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment. CHZ, the project’s native token, is up nearly 2% in the last 24 hours, up more than 14% last week and over 27% this month. Santiment Notes whale addresses containing at least 10 million CHZ tokens have had a total of 42.67 million CHZ added in the last 30 days. The project is also experiencing its highest volume level in 22 months. Source: Santiment/X CHZ is trading at $0.136 at the time of this…
Startup meme coin MoonBag (MBAG) has seen a significant increase in pre-sale activity, raising over $450,000. MoonBag’s pre-sale launch sent the cryptocurrency world into a frenzy as investors went into a frenzy with benefits and offers that were too good to refuse, positioning the pre-sale as the best meme coin pre-sale of 2024. MoonBag’s enormous success has given investors a lot to think about. Instead, consider this when considering switching your investments from coins like Dogeverse and Floki Inu to MBAG Coin. How did the MBAG coin shake up investors so much that they rejected other coins like Dogeverse and…
The BNB chain recently experienced what appears to be a minor exploit, resulting in the loss of approximately $80,000 worth of Bitcoin. The incident, which involved a number of suspicious transactions, sparked debate over whether the attackers were white hackers (people who ethically expose vulnerabilities to improve security) or malicious actors with the intent to steal.BNB exploits $80,000 in Bitcoin in transactions. Source: Cyberse AlertNature of the $80,000 ExploitThe amount lost from this potential exploit is relatively small compared to other high-profile cryptocurrency hacks, which typically cost millions of dollars. This has led some experts to speculate about the motive…
How about turning everyday tasks into some quirky Irish shenanigans? New Lucky Gold – Enjoy leveling up. $20,000 Cash awaits at the end of this rainbow. And that’s just for starters. Embark on a journey through 41 levels filled with magic that usually requires bribing a wizard. Less work behind your desk and more fun playing in the clover fields. And while you outsmart the cunning fairies, you’ll fill your pocket with $50,000 in personal prize money. Because who needs a flute when you can play with luck? Join this emerald adventure. And remember: Remember, you have until July 12,…
According to Binance, the leading cryptocurrency exchange will perform wallet maintenance for the Ethereum network (ETH) on May 29, 2024. The maintenance is scheduled to begin at 07:00 (UTC) and will take approximately 2 hours. Impact on deposits and withdrawals To facilitate wallet maintenance, Binance announced that it will temporarily suspend deposits and withdrawals on the Ethereum network (ETH) starting at 06:55 (UTC) the same day. Operations will resume once maintenance is complete and the network is deemed stable. Transactions not affected It is important to emphasize that trading of ETH and other tokens on…
British digital bank Kroo will ban its customers from trading in cryptocurrencies from May 30. London-based digital bank Kroo has announced that it will no longer allow customers to conduct cryptocurrency transactions. This decision follows the rise in online fraud cases and scams related to cryptocurrency. According to the bank’s terms and conditions, Kroo “will restrict your account if you use your account to purchase or trade cryptocurrencies or receive credits to your account due to trading or trading cryptocurrencies. If such activity is detected we will not process the relevant payment and may close your account if you continue…
ENS Labs, the non-profit organization responsible for the Ethereum Name Service (ENS), proposed an ENSv2 upgrade that would make it easier to migrate the protocol to a layer 2 network, it said in a May 28 statement. CryptoSlate.The move by ENS is exciting for the Ethereum layer-2 network, which has recently seen increased adoption and the total value of assets locked on it has reached new all-time highs.ENSv2According to ENS, the ENSv2 proposal aims to overhaul the protocol using a hierarchical registry to improve management and customization of .eth domain names.This upgrade involves migrating the core functionality of ENS from…