Author: Crypto Flexs

VELO is the latest sensation in the cryptocurrency market, earning it the nickname “XRP of Southeast Asia.” Over the past six weeks, the cryptocurrency has surged 358% in value, capturing the attention of traders around the world. VELO soared 358% in 6 weeks. Velo Labs developed VELO, designed to enable digital credit issuance and borderless asset transfers for businesses. This protocol uses smart contracts to facilitate transactions. It provides a secure and transparent way to transfer value across borders. Like XRP, which aims to improve the efficiency of cross-border payments, it focuses on strengthening financial infrastructure and enabling seamless transfers.…

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The address poisoning attacker, who tricked users into sending him $68 million worth of wBTC at the time (1,155 wBTC), has received back almost all of his stolen funds, blockchain data shows. The funds were exchanged for Ether while in the attackers’ possession, and the price of ETH subsequently fell. However, the attackers returned approximately 22,960 Ether (ETH) worth $65.7 million, or more than 96% of the US dollar value of the initially stolen funds.The address poisoning victim was found to have more than 22,000 ETH in his wallet. Source: EtherscanAt 8:47 AM UTC on May 10, several wallets began…

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BlackRock and Fidelity’s cash Bitcoin exchange-traded fund (ETF) has broken the previous record for a fund reaching $10 billion in assets under management in significantly less time than the previous record holder, as noted by Bloomberg’s Senior ETF. Eric Balchunas, analyst at social media platform X.“Prior to the Bitcoin ETF, the record speed for an ETF to reach $10 billion in assets was held by JEPQ, which did so in 647 trading days (about 3 years), IBIT in 49 days, and FBTC in 77 days.” wrote. JEPQ is the JPMorgan Nasdaq Equity Premium Income ETF. According to Yahoo Finance, it…

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The Zilliqa network has recently experienced several operational outages, which affected block production on the mainnet. However, as of May 10, all network functions were restored, but the cause is still under investigation. Zilliqa informed the community that the network is now online following a “temporary disruption to block production on the mainnet.” As network functionality is restored, the infrastructure team “continues to monitor the stability of the network while diagnosing the root cause of the recent outage.” source: ZilliqaFollowing initial signs of outage on May 8, when slow block generation speeds were observed, the Zilliqa Network technical team remained…

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Hello, Etherians. is it so Mihai AlisiOne of the founders of Ethereum, for the past year I have served as Vice President of the Ethereum Foundation and Director of Ethereum Switzerland. Over the past few months, I have been researching and testing several collaboration tools, continuously evaluating the usefulness and applicability of each tool in the context of our community. why? I believe there is a lot of untapped potential in this community, and I believe one of the reasons it is untapped is the lack of a streamlined collaboration system. This article is a continuation of the proposed experiments…

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Nick Carr, chief strategist at Stand With Crypto, said their goal is to support politicians who support the rights of the cryptocurrency community. A cryptocurrency non-profit organization with a large membership of 440,000 members has established a political action committee (PAC) called ‘Stand With Crypto’. This PAC is not only a fundraising organization, but also solicits a broad membership to financially support politicians who are open to embracing the transformative potential of cryptocurrency and blockchain technology. The formation of Stand With Crypto PAC marks an important step in the cryptocurrency industry’s journey toward political engagement. The move is consistent with…

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join us telegram A channel to stay up to date on breaking news coverage Although cryptocurrency prices have been falling for some time, the overall sentiment in the market remains positive. Bitcoin (BTC) recently rose above $62,800, and Ethereum (ETH) is working to stabilize above $3,000, providing some relief to investors. But discerning Next Cryptocurrency to Explode This can be a bit difficult since most funds are attracted to asset pumping. In today’s article, we take a look at the performance of the cryptocurrencies that have dominated the rising list over the past 24 hours. The goal is to identify…

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Investors are willing to hold LTC, which suggests the price could be close to 2021 highs. Pi Cycle Top shows that the LTC is not overheating yet. Reaching $250 would mean the Litecoin (LTC) price would have to increase by more than 150% from its value at press time. As of this writing, the coin has changed hands for $80.61. This value has adjusted by 15.60% over the last 30 days. However, AMBCrypto’s assessment of Litecoin’s preliminary risk suggests that better days are ahead. Reserve Risk has the nickname “HODL Banking.” For the uninitiated, HODL stands for Hold On to…

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LBank announced the listing of Mollars (MOLLARS) following the conclusion of its ICO on June 1, 2024, with the project approaching a sell-out event and raising $1.3 million. Cryptocurrency exchange LBank announced via X (Twitter) that Mollars (MOLLARS) will be listed on the platform after the ICO ends on June 1, 2024. The Mollars project has already raised $1.3 and is getting close to selling out its initial coin offering. million. Experts believe that since the Molas project is scheduled to be listed on major exchanges such as LBank and Bitmart, the risk of a rug pull is low due…

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