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…
Author: Crypto Flexs
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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…
Inflows into Bitcoin (BTC) investment products surpassed $1 billion last week, bringing total inflows to about $14.6 billion so far this year, according to CoinShares. This surge in investment is primarily due to institutional and long-term investors increasing their exposure to spot Bitcoin ETFs.During the week ending May 24, Bitcoin exchange-traded products (ETPs) recorded inflows of $1.01 billion. Total inflows across all cryptocurrency investment products reached $1.05 billion, setting an all-time record of $14.9 billion so far in 2024.Capital flow in cryptocurrency investment products. Source: CoinSharesCoinShares’ “Weekly Digital Asset Fund Flows” report, released on May 28, highlighted a 28% increase…
Bitcoin dominance remains above 50%. Despite recent market movements, altcoin season has not yet begun. Bitcoin (BTC) has experienced impressive price trends since the beginning of the year, and Ethereum (ETH) has also seen significant gains recently. The current trajectory of ETH and the surge in value of various other assets raises questions about whether altcoin season can get underway. Altcoin season will not take place Typically, when Ethereum starts rallying, it signals the start of altcoin season. But for the season to fully begin, other metrics will need to see significant movement as well. Currently, the altcoin season index…
A key strategy to increase the use of Cambodia’s local currency is to facilitate cross-border transactions in riels, facilitated by the Bakong digital financial system. Cambodia’s central bank is working to encourage more frequent use of the local currency, the riel. It does this using a digital financial system called Bakong. The plan aims to reduce dependence on foreign currencies such as the US dollar and promote the use of the riel within the country’s economy. Bakong: Facilitating Cross-Border Trade in Riel According to Central Bank of Cambodia Governor Chea Serey in an interview with Nikkel Asia, cross-border QR code…