Author: Crypto Flexs

Just a day before the US releases PPI and CPI inflation figures, Bitcoin’s daily trading volume has surged 76% in the last 24 hours. A positive development could lead to a break above $64,000. After facing some selling pressure last weekend, Bitcoin (BTC), the world’s largest cryptocurrency, rebounded above $63,000 this morning. As of press time, Bitcoin is trading at $62,715, up 2.96%, with a market capitalization of $1.235 trillion. What’s interesting is that Bitcoin’s daily trading volume increased by 76%, surpassing $23 billion. This surge in BTC trading activity comes ahead of the release of US inflation data figures…

In a strategic move to strengthen cybersecurity, KuCoin, a leading global cryptocurrency exchange, has partnered with Bugcrowd, a leader in crowdsourcing cybersecurity. Together they launched a robust bug bounty program designed to enhance the security of the KuCoin trading platform. Strengthening security through strategic collaboration Identify key vulnerabilities: KuCoin and Bugcrowd are focused on a wide range of potential security issues within the exchange’s web and mobile platforms, including: Business logic errors that can lead to asset loss Payment manipulation Remote Code Execution (RCE) sensitive data leak Critical issues identified by OWASP, including XSS, CSRF, SQL injection, SSRF, IDOR, etc.…

Binance Unveils Elite Trader Program for Lead TradersTo enhance the trading experience, Binance Spot Copy Trading has launched the Spot Copy Trading Elite Trader program for lead traders. As recently announced on the Binance website, the program offers a variety of advanced features and exclusive benefits to qualified lead traders.Join the Elite Trader ProgramLead traders who meet the minimum requirements specified in the application may apply for the program. Upon successful completion of the application process, applicants will be notified of acceptance via email. Tier classification is based on the total number of copy traders…

El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as fiat currency under the leadership of President Nayib Bukele. This landmark decision enabled significant financial improvements throughout the small Central American country. Yesterday, El Salvador launched a website tracking the country’s Bitcoin treasury holdings, further strengthening its commitment to Bitcoin transparency.JUST IN: 🇸🇻 El Salvador has launched a new website to track their activities. #Bitcoin treasury.El Salvador won 🔥 pic.twitter.com/U7CktWSBet— Bitcoin Magazine (@BitcoinMagazine) May 13, 2024 The platform is hosted at bitcoin.gob.sv and provides real-time data on a country’s Bitcoin reserves. Using publicly available information…

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 ReportThe U.S. Securities and Exchange Commission (SEC) has asked a court to reject Coinbase’s petition to develop a new regulatory system for cryptocurrencies.coinbase In a March report, regulators claimed they “lack the legal authority” to extend existing securities regimes to cryptocurrency assets, adding that they were “proceeding without congressional approval” and were “seizing power through enforcement action.” . The cryptocurrency exchange argued that any decision to expand the existing securities…

DeFi • May 13, 2024, 6:44 AM EDT Posted 1 minute ago In ~ Updated: May 13, 2024, 6:48 AM EDT Synthetix co-founder Kain Warwick launched Infinex, a front-end site that integrates decentralized financial applications into a single, user-friendly layer.This launch includes Infinex accounts, with a user waitlist process starting today.Infinex’s goal is to lower the barriers to entry typically associated with DeFi, such as complex wallet setup, asset linking, and gas fees. Early access is based on deposits and governance points awarded. Infinex accounts feature cross-chain functionality and are secured with passkey authentication and social login options. This approach…

On-chain data shows that an unknown whale sold altcoin positions at huge losses after the price fell. As first reported by blockchain tracking service Lookonchain, a whale has abandoned positions in Ethereum (ETH) and layer 2 altcoins Optimism (OP) and Arbitrum (ARB). Look on chain Called Whales with wallet addresses starting with 0x12199 and 0xac218 lost $8.43 million. “I’m so sad! The whale sold ETH, OP, and ARB together for a loss of ~$8.43 million. Sold 6,714 ETH ($19.5 million) for $2,903 and lost $6.45 million!Sold 428,047 OP ($1.06 million) for $2.48 and lost $902,000!“Sold 901,685 ARBs ($882 million) at…

Crypto analyst Michaël van de Poppe predicted that major changes in Ethereum (ETH) will prevent the SEC from granting consent to applications for a spot Ethereum exchange-traded fund (ETF). He duly informs his 717,600 followers that, in his opinion, this isn’t going to happen anytime soon. The U.S. Securities and Exchange Commission (SEC) is expected to approve or disapprove applications related to the ETH ETF submitted by large companies such as Hashdex and Ark 21Shares. Van de Poppe believes that the SEC’s ruling on this matter will have a significant impact on the market capitalization of altcoins. Incidentally, the trading…

join us telegram A channel to stay up to date on breaking news coverage meme coin We are seeing adoption increase as investors begin to see the potential. Tesla currently accepts Dogecoin as a means of purchase, and we will likely see further adoption in the future. Additionally, as digital assets in general continue to gain traction, the cryptocurrency space is seeing an influx of new investors. Likewise, new meme tokens and presales are entering the cryptocurrency market. While some tokens offer potential market upside, choosing the best asset to add to your portfolio can be challenging. To alleviate these…

Ethereum’s groundbreaking Q1 2024The first quarter of 2024 was a very important time for Ethereum, with major developments changing the way Ethereum operates. The Dencun upgrade improved Ethereum’s scalability and lowered transaction costs. Meanwhile, the price of Ethereum hit $4,000, a level not seen in two years. Ethereum staking also increased significantly during this period. In this article, we will examine these changes and discuss their broader impact on the Ethereum network.Staking OverviewIn Ethereum’s Proof of Stake (PoS) mechanism, staking involves locking up ETH tokens to support the operation and security of the blockchain. Validators…