The average daily trading volume on the Uniswap decentralized exchange has reached $3 billion over the past week. From April 10 to April 15, Uniswap’s average daily trading volume was $3.08 billion, according to DefiLlama. Surpassing $3 billion means that the DEX did not record any declines despite news of a possible legal showdown with the US SEC. Source: DefiLlama Available statistics show that users have not been deterred by the increased risk of legal confrontation with the SEC. Trading volume did not decrease significantly. This figure has remained steady from $2.6 billion to $3.9 billion over the past five…
Author: Crypto Flexs
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Ethereum, the second-largest cryptocurrency by market capitalization, is facing choppy conditions. Over the past few days, the price of Ethereum has plummeted, falling to a low of $2,800 on April 12, reflecting a broader slump seen across the cryptocurrency industry. But in the face of volatility, fascinating developments have emerged. The behemoth of the cryptocurrency world, the Ethereum whale, is starting to flex its muscles, making strategic maneuvers that have captured the attention and speculation of the cryptocurrency community. Strategic accumulation amidst turbulence As the price of Ethereum plummeted, Ethereum whales wasted no time in capitalizing on the opportunity. One…
Posted 1 minute ago In ~ Episode 20 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Variant co-founder and general partner Li Jin.Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).Li Jin is the co-founder and general partner of Variant, a cryptocurrency VC firm.In this episode, Li analyzes the memecoin phenomenon that has recently swept the cryptocurrency market and explores how different types of memecoins are gaining traction and generating revenue.outline 00:35 Memecoin…
The Zilliqa ecosystem experienced notable developments in March 2024, serving as evidence of the platform’s continued expansion and aptitude for novelty. This month’s recap of Zilliqa’s highlights and successes highlights the platform’s ecosystem and impact on the blockchain scene. The Zilliqa decentralized finance (DeFi) ecosystem saw a surge in March, driven by the launch of new plans and growth of existing plans. Zilliqa’s status as a center of DeFi innovation has been further solidified by the introduction of notable advancements such as a decentralized exchange (DEX), lending platform, and groundbreaking DeFi protocols. One of the most notable innovations was the…
Ankr and Brevis coChain have joined forces to revolutionize Web3 with zero-knowledge technology. Brevis enables secure utilization of blockchain data for innovative applications through smart contracts. Ankr’s RaaS platform improves the scalability and interoperability of decentralized services. Ankr, a leader in the blockchain space, has collaborated with Brevis coChain to revolutionize the Web3 network. This collaboration marks an important milestone in the blockchain industry as it aims to solve key challenges such as scalability, security, and interoperability. Pioneering ZK Technology coprocessing technology Brevis coChain, known for its zero-knowledge (ZK) coprocessing technology, offers a game-changing solution. By leveraging ZK joint processing,…
Charles O. Parks III, nicknamed “CP3O,” is accused of orchestrating a $3.5 million cryptojacking scheme targeting major cloud computing services. The U.S. Attorney’s Office for the Eastern District of New York unsealed the indictment on April 15, 2024. If found guilty, he could face up to 50 years in prison. The Nebraska cryptojacker had a lavish lifestyle funded by fraud. Parks, from Nebraska, allegedly defrauded two cloud computing service providers out of more than $3.5 million. Additionally, prosecutors say he used stolen processing power to mine nearly $1 million worth of cryptocurrencies such as Ethereum, Litecoin and Monero. The charges…
closed. This question is off topic. We are currently not receiving a response. This question does not appear to be about Bitcoin within the scope defined in the Help Center. Whenever gambling is involved, money laundering, tax evasion and other crimes are inevitable. Will all companies developing Web3 games be better regulated? Or are they only looking for immediate benefits exposing many ordinary people to these risks?
Share this article Trust Wallet, a prominent cryptocurrency wallet provider, is recommending Apple users disable iMessage due to “reliable information” about a high-risk zero-day exploit targeting the messaging app.The company claims that the exploit, which is reportedly selling for $2 million on the dark web, can infiltrate and take control of iPhone users without them having to click on a link. 1/2: ⚠️ Warning for iOS users: We have reliable information about a high-risk zero-day exploit targeting iMessage on the dark web. Your iPhone can be infiltrated without even clicking on a link. You likely have a high-value goal. Each…
Cryptocurrency exchange OKX finally opened its Ethereum layer-2 network X-layer mainnet to the general public on April 15th.The scaling solution’s testnet was launched in November 2023 to rave reviews and was built with Polygon’s Chain Development Kit (CDK). This toolkit helps developers construct chains using zero-knowledge techniques.Haider Rafique, OKX’s chief marketing officer, explained that the company built a layer 2 network because it believes “the best way to achieve mainstream adoption is to help scale Ethereum, the largest existing Web3 community, instead of competing with it.” .As a result, the company wants to leverage the Polygon and Ethereum communities to…
According to a Bitfinex Alpha report this week, the significant decline in the supply of inactive bitcoins that haven’t moved in more than a year indicates that long-term holders are continuing to reduce their holdings or move assets off exchanges.“The fundamentals of Bitcoin price dynamics are this week’s halving. As the halving approaches, there has been a noticeable surge in Bitcoin on centralized exchanges and an 18-month supply of inactive Bitcoin that has not moved in more than a year has been reduced to low.” Go Bitfinex analysts said:The report added that the current behavior of Bitcoin holders is similar…