chain link link +6.22% A decentralized oracle network that seeks to bridge the gap between blockchain-based smart contracts and real-world data. Chainlink aims to solve what is referred to as the “oracle problem” by incentivizing a global network of computers to securely provide smart contracts with trustworthy and trustworthy data from external sources other than the blockchain. Chainlink has a native token (LINK) that is used to retrieve data from off-chain data feeds, format it into a format readable on the blockchain, and pay node operators to ensure data integrity.The oracle problem refers to the problem of securely integrating external…
Author: Crypto Flexs
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Memecoin Normie recently suffered a serious hack. The token suffered a major crash following the attack. Normie’s developers are negotiating with the hack perpetrators. Hacks and fraud have plagued the cryptocurrency industry over the past few years, causing widespread concern and significant losses for investors and projects alike. Recently, Normie (NORMIE), the base memecoin project, fell victim to smart contract abuse, causing a sharp crash in the value of its token. Afterwards, negotiations took place between the Normie hackers and the project developers, and the hackers outlined their demands. Normie Hack: No Token Release, No Refunds According to an on-chain…
The price of Bitcoin exceeded the $70,000 level. BTC currently holds gains above support and could be targeting another increase in the near term. Bitcoin extended its gains above $70,000. The price is trading above $69,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $69,000. Unless it moves below the $68,500 support, the pair could start another increase. Bitcoin price maintains support Bitcoin price started another increase from the $68,000 support zone. BTC cleared the $69,000 resistance to move…
In an exclusive interview with BeInCrypto, digital strategist Jacky Rivero shared valuable insights into effective cryptocurrency marketing. Her expertise illuminates the nuances of navigating the industry, emphasizing storytelling, transparency, and community engagement as core strategies. 1. The power of storytelling Jacky Rivero emphasized the importance of storytelling in the crowded cryptocurrency market. “Every day, more brands, both inside and outside of their niche, are turning to storytelling. Because storytelling is important to get closer to your audience,” she explains. Unlike traditional presentations that focus solely on problem solving, effective storytelling emphasizes the brand’s understanding of the user’s problem. This approach…
The Oslo Freedom Forum (OFF) will return to the Norwegian capital from 3 to 5 June for its 16th event since 2009. Hosted by the New York-based nonprofit Human Rights Foundation (HRF), the conference series brings together humanitarians, artists, technology entrepreneurs, and world leaders to highlight the state of global human rights and spark conversations about how to expand freedom amid technological and political oppression do. Key speakers included exiled Nicaraguan journalist Carlos Chamorro, Trauma Research Foundation founder Dr. Bessel van der Kolk, Block CEO and co-founder Jack Dorsey, and others.The conference will feature high-level discussions from those on the…
Sphere Labs, a blockchain developer focused on facilitating stablecoin services for business customers, has announced a new fiat onramp and offramp designed to work within Telegram.The bank-to-wallet extension will allow Telegram users to move bank funds directly to their wallets and vice versa within the Telegram app, with an advertising fee of 0.1% per transaction for early users.The service will be available to early users the week of May 27, with a full launch expected later this year.Users from all non-sanctioned countries can use the Telegram extension, but they must link the service to a US dollar or euro denominated…
Kaiko Research said on May 27 that the approval of the Ethereum ETF is a positive sign for the digital asset’s long-term growth despite potential short-term headwinds.According to a report by Kaiko, this approval removes much of the regulatory uncertainty associated with classifying Ethereum as an asset class.Will Cai, head of indices at Kaiko, said the approval means the SEC will implicitly treat ETH as a commodity rather than a security. He added:“(This approval) is likely to have a significant and positive impact on how all similar tokens are regulated in the United States…”Contrary to previous expectations, the SEC approved…
Legal • May 27, 2024 11:53 AM EDT Posted 1 minute ago In ~ Imprisoned Silk Road founder Ross Ulbricht released Monday’s statement thanking former U.S. President Donald Trump came as he promised to commute sentences “on day one” of the new Trump administration if elected.“Last night, Donald Trump promised that if re-elected, he would commute my sentence on day one. thank you thank you thank you.” Ulbricht said.“It is difficult to express in words how I feel at this moment, having been in prison for 11 years. “Thanks to your unwavering support, I was able to get a second…
Crypto analyst Jason Pizzino said four altcoins are showing strength, including Solana (SOL) and memecoin PEPE. In a new strategy session, Pizzino tells his 327,000 YouTube subscribers that along with SOL and PEPE, derivatives platform Pendle (PENDLE) and decentralized GPU rendering blockchain Render (RNDR) have strong market structures. According to Pizzino, Solana looks very good against the US dollar. “Compared to the USD, Solana is holding up quite well. Here you can see the lows and the 50% (retracement level) back to $154, so it is still in a relatively strong position.” Source: Jason Pizzino/YouTube Solana is trading at $162.09…
cryptocurrency analyst CryptoBull recently highlighted the following bullish pattern: XRP price Up to three digits. However, analysts have not been able to provide an exact timeline for when such a large rally will occur. XRP price reaches $154 CryptoBull mentioned on X (formerly Twitter) post The chart shows that XRP will rise to $154. The analyst highlighted: Ascending expansion wedge, he expects XRP to break out with this parabolic rise. To confirm his bullish sentiments, CryptoBull said that price breakout soon. Related Reading Source: X One of the analysts is: Bookmarkswho recently talking Something is brewing for XRP. He shared…