The following shows current and planned expectations regarding the maximum possible chain reorganization depth. We do not consider transactions within this depth very likely to be permanent. This is just our own expectations There is no warranty of any kind.. It is derived from theoretical considerations, ongoing empirical data, the human element of emergency planning, and past experience of the security team. As with everything in the P2P space, the risk lies entirely with the individual operator. In much the same way as many in the industry, we will be monitoring the chain for signs of protocol-level issues. If there…
Author: Crypto Flexs
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The AMF has extended the transition period for compliance until December 2025, allowing Binance to operate in France until then, but after this point it will require a MiCA license to maintain EU market access. Binance, the world’s leading cryptocurrency exchange, faces serious legal and regulatory hurdles in Europe. The French business could be jeopardized if founder and former CEO Changpeng ‘CZ’ Zhao, who recently pleaded guilty to money laundering charges in the United States, is convicted. How MiCA will impact Binance’s EU operations If a judge sentences CSN to the three years requested by the U.S. Justice Department, that…
When Satoshi Nakamoto invented Bitcoin (BTC), the anonymous cryptographer envisioned a world where people would free themselves from the iron shackles of banks and tyrannical governments. What he probably didn’t expect, though, was a crypto industry teeming with badly drawn frog, cat and dog tokens, along with a sprinkling of racist memes. With coverage of the fourth Bitcoin halving overshadowed by a speculative mania in meme coins — including on the Bitcoin network itself — it’s not surprising to see a very vocal debate over the value of meme coins to the crypto industry. Which we can answer — they…
U.S. Representative Patrick McHenry has accused Securities and Exchange Commission (SEC) Chairman Gary Gensler of misleading Congress about the regulatory status of Ethereum. The accusations come after a federal judge recently sanctioned SEC lawyers for dishonest court dealings, suggesting a troubling pattern within the agency. Did Gary Gensler Mislead Congress About Ethereum? In a meeting with the House Financial Services Committee, Gensler dodged direct questions about Ethereum’s security classification. Newly released court documents show this was an intentional move to obscure the commission’s position. This deliberate ambiguity represents a sharp departure from earlier SEC communications, which consistently separated Ethereum from…
IntoTheBlock’s recent analysis shows a troubling trend for some notable altcoin holders. In fact, more than 80% of Algorand (ALGO), Sandbox (SAND), and Arbitrum (ARB) investors are currently experiencing losses. Altcoin holders face significant losses According to IntoTheBlock, Algorand leads the pack with a whopping 91% of its holders losing money. Sandbox and Arbitrum are not far behind, with around 80% of investors holding a portfolio of altcoins that have fallen in value. Other cryptocurrencies such as Axie Infinity (AXS), Chiliz (CHZ), Cardano (ADA), Aave (AAVE), Lido DAO (LDO), Uniswap (UNI), and Chainlink (LINK) also show high holding ratios. The…
May 1st Bitfinex Pay – Release V0.6.5 Bitfinex Pay – Release V0.6.5 that much Bitfinex Pay Merchant Dashboard An internal tool designed to provide powerful reports and features to help merchants manage their cryptocurrency gateways. We are excited to share the latest updates on Bitfinex Pay. For more information about Bitfinex Pay, please visit https://blog.bitfinex.com/category/bitfinex-pay/. Seller Dashboard improvement We’ve completely redesigned the Invoice Details -> Payments menu to clearly display payments received and moved the option to manually add payments to its own section.We separated the flow for manually creating invoices from the flow for adding new payments. Previously, you…
Berlin, Germany, May 1, 2024, Chainwire Nektar Network is excited to announce the launch of Epoch 1 for Nektar Drops starting today, May 1, 2024. This new phase is dedicated to recognizing and recording the contributions of community members through daily Nektar Drops that can be earned through participation. Perform predefined activities within the Nektar ecosystem. This era will end on June 1, 2024, or when the network reaches a Total Value Locked (TVL) of 250,000 ETH. Epoch 1 participants will have the opportunity to earn Nektar Drops by participating in several pre-launch initiatives, such as Enzyme Vault, Reserve bsdETH…
Ethereum founder Vitalik Buterin advised people to “decentralize security” after participating in a Twitter debate about the use of cold wallets.To prove his point, Buterin said he keeps 90% of his cryptocurrency funds in multi-secure wallets.”M-of-N, you hold some keys, but not enough to block recovery. The rest are held by others you trust,” he wrote. “Don’t reveal who those people are, not even to each other.”The mentioned “m-of-n” Buterin explains one of the ways you can set up a multi-signature or multi-signature wallet. The first variable represents the minimum number of signatures required to sign a contract to spend…
The cryptocurrency market has given birth to numerous altcoins that have achieved tremendous growth since the beginning of the year. This is especially true in the world of meme coins. The project appeared low-cost, exploding in price more than 100 times within a few days of its launch. As we anticipate the next bull market, smart investors are wondering what the next 100x meme coin will be and how they can get in early on one. Interestingly, Slotthana, a meme coin distributed on the Solana blockchain, has captivated the cryptocurrency audience with its quirky charm and humor. After a month…
Policy • May 1, 2024, 11:02 AM EDT Posted 1 minute ago In ~ Two bipartisan US lawmakers have introduced legislation clarifying that staking rewards should only be taxed at the time of sale to avoid double taxation. Representative Wiley Nickel, DN.C. Georgia Rep. Drew Ferguson filed a bill Tuesday called the Providing Tax Clarity for Digital Assets Act. “The United States’ digital asset compensation processing is overly complex, leading to investor confusion, double taxation, and the relocation of American companies overseas,” Ferguson said. name. “The Providing Tax Clarity for Digital Assets Act will provide the tax clarity our industry…