prime protocol Users can deposit an asset on a supported chain and take out another asset loan backed by the entire asset portfolio. The scope of this audit was the wormhole path used to pass messages in the protocol. Prime has partnered with Ackee Blockchain to conduct a security review of the Wormhole route in the Prime protocol with a total donation of time. Engineering 5 days in the period between January 9th and January 13, 2023. methodology We began our review using a static analysis tool called Woke. We then analyzed the contract logic in depth and used the…
Author: Crypto Flexs
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ApeCoin (APE), the ERC-20 token governing the ApeCoin Decentralized Autonomous Organization (DAO), saw notable growth in the first quarter of 2024 (Q1). Key metrics showed significant progress, driving APE’s market capitalization, token price, and trading volume quarter-over-quarter (QoQ), showing consecutive quarters of growth. ApeCoin regains unicorn status As recently noted report According to Messari, APE’s rebound was particularly notable when compared to the broader cryptocurrency market, which grew 53% quarter-over-quarter, and the Bitcoin market cap, which grew 63% quarter-over-quarter. APE’s market cap briefly fell below $1 billion in the second quarter of 2023 before regaining unicorn status, and closed the…
Ethereum whale sends 5,000 ETH to the exchange. Spot ETF approval will not yet impact ETH price trends. Ethereum (ETH) whales recently transferred approximately $15 million worth of assets to exchanges. This action comes shortly after news of ETF approval in Hong Kong emerged. Did the migration of whales affect prices? Has ETF approval also affected prices? Ethereum whales take profits Source of data Look on chain An Ethereum whale recently moved 5,000 ETH to the Kraken exchange, which was worth over $15.4 million at the time of the transfer. Further analysis revealed that the same whale withdrew 96,638 ETH…
April 17th Changelog: Version 1.94 Post time: 14:39h From the change log Maria Lobusova The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.94 characteristic Updated Spread Ladder to disable the “Clear” button if the amount value is already set to default.The homepage and mobile app information pages have been updated to add the option to directly download the Bitfinex mobile app Android APK file. improvement Updated to display BTC feed results for the SAT/BIT tokens tab within Bitfinex Pulse. Updated…
Grayscale’s head of ETFs is optimistic that regulators will eventually have to approve exchange-traded funds based on cryptocurrencies other than Bitcoin and Ethereum.Grayscale’s global head of ETFs, David LaValle, was asked during a roundtable discussion Wednesday whether he thought exchange-traded funds based on other cryptocurrencies could gain approval in the next two to three years.“I think it’s 100%,” he said. “The path to digital asset ETFs was through regulated markets on the futures side, but as the digital asset market as a whole continues to expand and mature, we have already proven that we can do this. bitcoin BTC -4.11%…
Ernst & Young (EY), a Big 4 accounting firm, unveiled OpsChain Contract Manager (OCM), a new service that manages corporate contracts through blockchain technology, on April 17. The tool is designed to manage complex multi-party business contracts with enhanced security and privacy features through blockchain technology. The service currently runs on the Polygon proof-of-stake (PoS) blockchain and will be upgraded to the Ethereum mainnet in the future. O.C.M. OCM is designed to securely process business contracts on public blockchains, leveraging zero-knowledge proofs to maintain contract integrity and confidentiality while ensuring privacy by increasing time efficiency and reducing costs. It integrates…
When an investment can be traded quickly and easily for another asset (usually cash) without affecting its value, it is called liquidity. Unlike liquid assets that are difficult to trade due to a lack of market participants or other circumstances, highly liquid assets can be acquired or sold quickly and at a fair price. Stablecoins, such as USD Coin and Tether, are a liquidity bridge between cryptocurrencies and fiat currencies in the cryptocurrency market. Introducing Tether: The Stablecoin Pioneer Tether is known as a stablecoin because it maintains stability compared to other cryptocurrencies. Base currencies such as the dollar or…
The UK Gambling Commission (UKGC) monitors the UK’s online gambling industry to ensure it is safe, fair and honest. This sets the standards for internet casinos to follow, protecting consumers and keeping them compliant with the law. The introduction of cryptocurrencies has seen a notable shift towards digital transformation in the banking sector. The gaming industry is paying attention to this money because of its global appeal, the possibility of fast and secure transactions, and its digital nature. At the intersection of cryptocurrency and online gambling, questions naturally arise about how new financial technologies may interact with stringent UKGC regulations.…
I recently took on the challenge of building a working BTC miner on solo.ckpool.org. Yes, I know that the probability of finding a nonce is close to 0 (especially given that the process is ongoing and not just the nonce). However, we only focused on iteration through nonce search. A space for simplicity. Now I want to test whether block mining actually works. But there is a caveat: How do I find blocks with known nonces that I can test against my miners? In a perfect world, you would use the same format that the pool provides (JSON) so that…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. The cryptocurrency market is buzzing after a surprising $1 million investment poured into the Kelexo (KLXO) presale. This huge sum has sparked much interest and speculation. While excitement continues to build for Kelexo, seasoned analysts are taking a cautious look at established players such as Ethereum (ETH) and XRP (XRP). They predicted that the value is likely to decline in April this year due to a combination of macroeconomic factors and difficulties within the cryptocurrency ecosystem. Multifaceted challenges shaking…