billThe bill, which was also approved by the House Agriculture Committee, is “the culmination of years of bipartisan effort to finally provide clarity,” said the North Carolina lawmaker, who is retiring from Congress at the end of the year and has made the cryptocurrency bill one of the first major cryptocurrency bills in the world. His priorities on the way out.
Author: Crypto Flexs
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Somewhere in the world, whales thank their lucky stars and not Lazarus. The victim of last week’s ‘address poisoning’ attack appears to have been tricked into sending $71 million worth of Wrapped Bitcoin Tokens (WBTC) to an attacker who mimicked her address, recovering almost all of her available funds, Blockchain Data said. shows: In an ‘address poisoning’ or ‘dusting’ attack, an attacker spams a high-net-worth person’s wallet with transactions from a wallet that is very similar to the victim’s address. If a victim carelessly copies and pastes a wallet address from a spam transaction, as happened here, they could see…
Avex is the default utility token. avalanche Blockchain. This token currently ranks 12th by market capitalization, with a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours. After the recent drop to $36.15, AVAX continues to decline. Currently, the general cryptocurrency market is in a downward trend. This has brought AVAX price below its 100-day simple moving average (SMA) and the price may continue to fall in the coming days. At the time of writing, the price of AVAX is trading around $33.52 and is down about 0.22% over the last…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. The web3 gaming industry is at an inflection point. Decentralized gaming and the promise of true digital ownership have tremendous potential, but the industry’s current focus on browser-based PC gaming represents a glaring missed opportunity. An unstoppable rise. If web3 games want to compete with the web2 gaming industry, it’s time to bridge the mobile gap. Think about it. Can you name just one browser game that has been successful in the mainstream gaming industry? My…
A widely respected cryptocurrency trader says two memecoins could soar ahead of the US presidential election in November. Pseudonymous cryptocurrency analyst Altcoin Sherpa says 216,000 followers on social media platform TRUMP was created inspired by former President Donald Trump, who is running for president again. BODEN takes inspiration from US President Joe Biden, who is running for re-election against Trump, citing the misspelling of his name. “The current meme strategy for me is to focus on one area: American politics. I own TRUMP and would like to buy BODEN. That will be the biggest story when the election actually gets…
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold in late April. Among the top five, FDUSD is currently the leader in terms of 30-day growth, with supply up 15.3%. The value of stablecoins remains steady with small growth after a period of rapid growth (…)
Ethereum’s average transaction fees have reached an all-time low as more activity moves to the chain’s layer 2 (L2) network.Average gas dropped to 4.81 Gwei, according to Ultrasound.money data. This is the lowest level since the network completed its Merge event in 2022.Market observers attributed this decline to increased activity on the L2 network following the completion of the Dencun upgrade. The Dencun upgrade significantly reduced fees on the L2 network, making transactions on the base layer less attractive.In particular, IntoTheBlock, a blockchain analysis platform reported:“We are now seeing an increasing number of transactions being processed on Ethereum Layer 2.…
Bitcoin (BTC) challenged the $60,000 support by the daily close on May 10 as a classic post-halving “danger zone” scared bulls.BTC/USD 1-hour chart. Source: TradingViewBTC price gives up gains above $60,000.The intraday low for BTC price on Bitstamp is $60,190, according to data from Cointelegraph Markets Pro and TradingView.The sudden decline thwarted attempts to hold on to levels around $63,000, and there are conflicting explanations as to why.“We swept up not only the monthly openings but also the monthly buyers. If the bulls want higher prices and want to break this downtrend, it’s here and now.” Popular trader Skew wrote…
Dubai, United Arab Emirates, May 11, 2024, Chainwire Match System CEO Andrei Kutin announced the full recovery of $68 million in stolen cryptocurrency assets from Cryptex. summary: $68 million from incidents related to the “Dust” attack that took place on May 3, 2024, was fully returned to victims today with the participation of cybersecurity agency Match Systems and the Cryptex cryptocurrency exchange. Currently, the victim has not filed any complaints against the perpetrator. On May 3, 2024, one of the cryptocurrency whales fell victim to a classic dust attack (or “dandruff attack”), resulting in the theft of 1,155.28 WBTC, worth…
San Francisco, May 9, 2024 — WisdomTree, a prominent wealth management company, has launched WisdomTree Prime, an innovative financial app targeting 75% of the U.S. population across 41 states, despite shareholder wishes. This strategic expansion is powered by the Stellar Development Foundation, which supports the app’s robust digital asset services. WisdomTree aligns with its goal of simplifying financial operations for users by integrating Stellar’s efficient trading platform to power WisdomTree Prime. “Since our first launch in app stores in select states last summer, we have seen strong momentum on everything from new digital fund launches, payments capabilities, and collaboration with…