At the time of writing, BNB broke through a key resistance level and is up 6.33% over the last 24 hours. Indicators are pointing to a continued bullish trend. Binance Coin (BNB) is making waves in the cryptocurrency markets. In the last 24 hours, the coin has gained 6.33%, bringing its weekly gain to 9.08% at the time of writing. According to CoinMarketCap data, this upward trend has caused BNB’s market cap to surge to $82.9 billion. It’s not all about BNB. Trading volume soared by 25.37% over the same period, reaching $1.8 billion. This figure shows that interest in…
Author: Crypto Flexs
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U.S. spot Bitcoin exchange-traded funds (ETFs) saw a net inflow of $88.06 million on Tuesday, marking the fourth straight day of gains.BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, led inflows yesterday with $55.43 million flowing into the fund. data SoSoValue followed with $51.91 million invested in Ark Invest and 21Shares’ ARKB fund.The largest net outflow came from Grayscale’s GBTC, which recorded negative inflows of $12.81 million. Bitwise’s BITB also reported a daily net outflow of $6.47 million, while eight other spot Bitcoin ETFs, including Fidelity and VanEck, saw no inflows at all.The total daily volume of the…
The Solana protocol, originally designed to buy memecoins in the short term, has launched a new app that does the exact opposite, allowing users to long tokens that have been sold in large quantities in the short term. In an August 20 post, the Dumpy.fun protocol, named after the highly profitable Solana memecoin distributor pump.fun, announced that it would be launching a short squeeze tool called “squeezy.lol” next week on August 27. The short-selling platform said the new tool will usher in a “new era of PVP,” referring to the aggressive player-versus-player style of trading that Mimecoin promotes as an…
Jack Anderson 21 Aug 2024 06:20 DeepBook, the underlying liquidity layer of Sui, enhances the platform’s DeFi protocols by exploring new use cases including futures, lending, and payments. DeepBook, a native liquidity layer launched on the Sui blockchain last year, is set to revolutionize decentralized finance (DeFi) with a variety of new use cases. According to The Sui Blog, DeepBook’s functionality extends far beyond its current applications, with potential features including perpetual futures, lending, and payments.Enhanced DeFi FeaturesBuilt as a permissionless central limit order book, DeepBook functions as a neutral exchange with built-in mechanisms…
Digital asset investment funds saw another week of inflows last week, but the volumes were small, and this was the second week in a row that inflows were strong. In particular, investment funds attracted a net inflow of $30 million last week. One of the main highlights of the week was the strong performance of Bitcoin, which attracted the majority of inflows after being pushed out by Ethereum the previous week. Solana, on the other hand, experienced its largest outflow on record, mainly due to a decrease in trading volume of Solana-based meme coins. Bitcoin maintains market dominance Data on…
MEV bot operated by an individual using the pseudonym Jaredfromsubway.eth It has been revealed that a new arbitration and sandwich attack is being deployed that is generating millions of dollars in revenue. Ethereum -3.31% .According to a report from the MEV tracking site, as of August 14, Jared, named after a former Subway sandwich chain spokesman and convicted sex offender, appears to no longer be using his previous contract address. EigenPhi.“That said, that doesn’t mean Jared has stopped making sandwiches. Over the past two weeks, we’ve discovered a new MEV contract that’s been rife with all sorts of new on-chain…
Compromised browser extensions pose a serious threat to cryptocurrency users. Several Solana users have fallen for the Bull Checker extension scam. Users are encouraged to use key safety technologies. Malicious actors in the cryptocurrency industry have evolved over the past few years, becoming increasingly subtle and sophisticated in their attempts to exploit unsuspecting victims. What was once limited to overt phishing attempts and scams has now shifted to covert infiltrations, often facilitated by seemingly harmless but in fact dangerous compromised applications.The most recent threat is a malicious Chrome browser extension that has caused significant damage to several users, calling for…
Iris Coleman 21 Aug 2024 04:38 In the latest episode of the Public Key podcast, John Randles discusses how the Siren platform can help law enforcement crack down on international cryptocurrency crime. According to Chainalysis, in the latest episode of the Public Key podcast, Siren CEO John Randles sits down with Chainalysis CMO Ian Andrews to discuss how Siren’s investigative platform is revolutionizing the fight against international crypto crime. Integration of the digital battlefield The conversation delves into the challenges law enforcement faces due to outdated technology stacks that hinder their ability to investigate…
USA, August 20, 2024 / AlexaBlockchain/ – SwapKit.dev, a pioneer in providing cross-chain infrastructure, is accelerating today’s DeFi ecosystem by announcing a strategic partnership with LI.FI, a popular bridge and DEX aggregation protocol. This groundbreaking integration will enable users of LI.FI partners such as Jumper to expand access to native asset swap cross-chains via THORChain.dApps built on LI.FI now allow users to enjoy seamless cross-chain swaps of native assets between Ethereum, BSC, and Avalanche thanks to THORChain integration via SwapKit SDK+API. With native Bitcoin swaps scheduled to launch in Q3, LI.FI’s bridge support for native assets is poised to expand…
Company • August 20, 2024 4:46 PM EDT Posted 1 minute earlier ~ in Happy Tuesday! In today’s Daily, we look at the SEC’s rejection of the 19b-4 application for the Solana ETF, the Mango Markets DAO votes on the settlement proposal, and the US spot Bitcoin ETF sees its lowest daily volume in months. Let’s get started. SEC Denies Solana ETF Application According to reliable sources, the SEC has rejected Cboe BZX’s 19b-4 applications for two potential physical Solana ETFs, resulting in the ETFs being withdrawn from Cboe’s website. The move comes amid concerns that Solana should be…