First, some background information. We’ve already covered a little bit about what you can expect from Frontier. Ethereum launch process Blog post and Gav gave us Comprehensive overview of the status of development efforts. You can also read about our ongoing security work. Includes bug bounty system. The bug bounty program has found my favorite bugs so far. Jonas NickThe discovery of You can transfer value from their account to yours by sending someone a negative payment! As the bug bounty found, it’s an absolute gem. Well done! Gav has a new blog post that explains a bit more about…
Author: Crypto Flexs
Read More
Posted 1 minute ago In ~ Former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo has joined the board of directors of stablecoin issuer Paxos, according to a statement released by the company.Paxos chose Giancarlo, nicknamed “CryptoDad,” to work with other directors including former U.S. Senator Bill Bradley, DN.J. Paxos CEO Charles Cascarilla said Giancarlo will help the company grow. press release On Tuesday. “He has been a leader in advocating for blockchain to improve the infrastructure of our financial system.” Cascarilla said. “His insights will help us expand our position as a leader in regulated digital asset market structures…
Ethereum has shown a bearish market structure and could be heading to $2.5k. As selling pressure increased, OBV fell below key levels. Ethereum (ETH) has been in a bearish trend on the daily time frame after falling below $3,000 six weeks ago. Reports that applications for a spot Ethereum exchange-traded fund (ETF) in the US are likely to be rejected will strengthen bearish sentiment in the market. Analysts predicted that if rejected, the price of Ethereum would fall much lower in the coming months. This is consistent with technical analysis, but it is unclear how long the downtrend will last.…
Jito DAO, a Solana-centric liquid staking solution, is considering spending more than $7.5 million of its existing JTO tokens for liquidity mining. At current prices, this figure would be worth about $29 million. This represents 3.1% of the total 240 million JTO held in the DAO Treasury. This is the second governance proposal to Jito DAO after the JTO airdrop in December last year. The proposal was made by DeFi research firm Gauntlet. Gauntlet has terminated its connection with Aave’s DAO due to incompatibility. According to DeFilama, Jito is known to operate Solana’s largest liquid staking solution with Total Value…
Tornado Cash developer Alexey Pertsev was found guilty of laundering $1.2 billion in the Netherlands. Although Tornado Cash was non-custodial, Pertsev was sentenced to more than five years in prison. The verdict sparked a debate about the responsibilities of open source developers in the cryptocurrency space. Alexey Pertsev, founder of cryptocurrency mixing protocol Tornado Cash, was found guilty of money laundering by Dutch judges in the s-Hertogenbosch court on May 14. . The ruling follows Pertsev’s arrest in the Netherlands in August 2022. This is a critical moment at the intersection of cryptocurrency technology and legal liability. 5 years and…
Chainlink Drives LST and LRT Adoption in DeFi Chainlink, the leading blockchain oracle network, is providing the tools needed to drive the adoption of Liquidity Sensitive Tokens (LSTs) and Liquidity Return Tokens (LRTs) in decentralized finance (DeFi). The platform plays an important role in the development of the DeFi ecosystem by providing the data, computing, and cross-chain services required by asset issuers and DeFi protocols. Powering DeFi with LST and LRT LST and LRT are innovative financial products in the DeFi space. This token is designed to enhance the functionality and flexibility of DeFi protocols,…
Join Our Telegram channel to stay up to date on breaking news coverage Despite the gloom of the crypto market, some low-priced altcoins are generating bullish momentum. Shiba Inu, Jasmy coin, Beam, eCash, Bonk, and Pyth Network emerge as promising cryptos today, showcasing the widespread momentum propelling digital assets forward. We analyze these coins to determine their profitability. Shiba Inu has posted remarkable ROI to early investors surging by over 1.8 million percent since its launch. Notably, SHIB’s YTD surge stands at 178. Meanwhile, Beam has continued its dizzy price movement from April. The token has seen increased market activity,…
Liminal Custody Strengthens Leadership in Digital Asset Management by Securing Core ADGM FSP License – Chainwire housenewsroomLiminal Custody Strengthens Leadership in Digital Asset Management by Securing Core ADGM FSP License We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…
Alexey Pertsev, the developer of the Ethereum blender Tornado Cash, was found guilty of money laundering by a Dutch court and sentenced to 64 months in prison.A Dutch judge at the s-Hertogenbosch court said Tornado Cash was “for criminals” and “fully supports criminal users.” As a result, the developer was found guilty of laundering $1.2 billion in illegal assets.The court said that between July 9, 2019 and August 10, 2022, Pertsev had made a “habit of committing money laundering” with Tornado Cash and should have been more suspicious about the criminal origin of transactions on the platform.His lawyers have 14…
Posted 1 minute ago In ~ Zero-knowledge project Hylé has raised $2.6 million in new funding led by venture firm Framework Ventures.Cherry Crypto, Fabric Ventures, First Capital, and Heartcore Capital also participated in this round. To date, Hylé’s total initial funding is $3.4 million, and it has generated an additional $1.5 million in revenue from its NFT project briqNFT, the company’s co-founder Sylve Chevet told The Block. Hylé’s board of directors will not change. Hylé builds the Hylé Network using zero-knowledge proofs (ZKP) for scalability and privacy. According to a release shared with The Block, Hylé wants to become a…