Special thanks to Vlad Zamfir and Jae Kwon for many of the ideas described in this post Aside from the primary debate around weak subjectivity, one of the important secondary arguments raised against proof of stake is the issue that proof of stake algorithms are much harder to make light-client friendly. Whereas proof of work algorithms involve the production of block headers which can be quickly verified, allowing a relatively small chain of headers to act as an implicit proof that the network considers a particular history to be valid, proof of stake is harder to fit into such a…
Author: Crypto Flexs
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Notcoin (NOT) achieved a significant milestone on May 16, entering the top 10 cryptocurrencies by daily trading volume immediately after being listed on a major centralized exchange. NOT ranked 8th with trading volume exceeding $1.4 billion in less than 24 hours. Despite the initial price drop from $0.02156 to $0.006618, it is still actively traded on major platforms such as Binance and OKX. Notcoin made the top 10. After Notcoin’s official launch, Notcoin’s market capitalization soared to $1 billion in 10 minutes. Currently worth $697 million, it is not ranked 107th among the largest cryptocurrency assets. Trading volume for the…
Following the successful implementation of ShibaSwap, the project’s layer 2 scalability solution, on Shibarium, Bone ShibaSwap (BONE), the governance token of Shiba Inu’s decentralized crypto exchange platform and Shibarium’s official gas token, has seen a double-digit surge in value. Decentralized cryptocurrency trading tool Sivas Swap According to a statement released Wednesday by the Shiba Inu development team, it has finally returned to the Shibarium. The platform currently operates as a multi-chain DEX on both the Shibarium blockchain and the Ethereum network, which is an important development for the business. With this integration, ShibaSwap ushers in a new era of adaptability…
Ethereum (ETH) price rose 5.5% on May 17, approaching $3,100 for the first time in 10 days. Analysts attribute the rally to lower demand for bond products due to stagnant U.S. retail sales data in April. The data has raised market expectations that the U.S. Federal Reserve (Fed) may cut interest rates to stimulate the economy.Expansionary actions by central banks are generally seen as optimistic for at-risk markets by increasing the money supply or reducing the cost of credit for businesses and individuals. Investors sought exposure to scarce assets, including cryptocurrencies, which pushed gold to $2,410, 0.8% below its all-time…
I saw tx A being replaced by tx B. Here B had lower commissions and commissions than A and was aired later. How is that possible? Below are the txs details. Tx A: followed Tx B: segwit, ―t―a―p―r―o―o―t―, ―R―B―F―, full RBF Can anyone help me understand?
Thomas John Sfraga, known as ‘TJ Stone,’ pleaded guilty to fraud charges in Brooklyn federal court on Thursday. According to the U.S. Department of Justice, Sfraga was accused of defrauding investors by promising returns of up to 60% within three months through a non-existent cryptocurrency digital wallet. Instead of following through on these promises, he allegedly used these funds for personal use and to appease victims of previous fraudulent activities. “For years, Sfraga shamelessly lied to his friends, neighbors and investors, embezzling more than $1.3 million of their hard-earned money,” Breon Peace, U.S. attorney for the Eastern District of New…
Spot Bitcoin exchange-traded fund (ETF) inflows in May more than made up for last month’s outflows, according to one ETF analyst.“The Bitcoin ETF had a solid two weeks with $1.3 billion in inflows, offsetting all of April’s negative flows and returning to its highest level of net gains of more than $12.3 billion since launch,” said Eric, senior ETF analyst at Bloomberg. I wrote: Balchunas of social media platform X.Balchunas argues that the past two months have shown why traders should not be “emotional” about inflows and outflows. It’s “part of ETF life.” He believes spot Bitcoin ETF flows will…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportAs cryptocurrencies become an increasingly partisan issue in the 2024 presidential election, what will happen to Donald Trump? Making an Overture To the Industry, President Joe Biden inclement To repeal the legislation that seeks to protect it – US crypto companies have begun spending feverishly to support the campaigns of cryptocurrency advocates across the country.Industry majors such as Coinbase, Andreessen Horowitz, and Ripple Labs have already committed. tens of millions…
At press time, NOT’s market capitalization was just over $681 million. Meanwhile, buying pressure for TON has increased on the chart. The wait is over as Notcoin (NOT), the much-talked-about Telegram-based cryptocurrency, finally launched on May 16. The launch wasn’t perfect, as the new product soon saw a significant price drop. However, it is still close to the list of top 100 cryptocurrencies. meantime, Toncoin (TON) It remained bearish on the charts. All About Notcoin Launch AMBCrypto previously reported NOT was airdropped on May 16, and several cryptocurrency exchanges such as Binance announced that they would list the token. During…
U.S. authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered funds through U.S. and international bank accounts. Proceeds from the investment scam were converted to USDT stablecoin. The U.S. Department of Justice has indicted two Chinese nationals for allegedly playing key roles in a scheme that laundered $73 million in cryptocurrency investment schemes. Authorities arrested Darren Lee, 41, on April 12 and Yicheng Zhang, 38, on May 16, according to an indictment unsealed Thursday in the U.S. District Court for the Central District of California. Li is a dual citizen…