Blockchain investigator ZachXBT highlighted the tension between privacy and law enforcement, claiming that IRS-CI harassed him into helping solve blockchain crimes. The world of blockchain investigations took an unexpected turn recently when renowned pseudonymous investigator ZachXBT reported on borderline harassment by the Internal Revenue Service-Criminal Investigation (IRS-CI). ZachXBT, known for his meticulous work tracking down scammers and fraudsters in the cryptocurrency space, claimed that IRS-CI overstepped his personal boundaries to claim his expertise. ZachXBT shared on social media an image of an email sent by an IRS-CI special agent. The message praised his “impressive work” in the industry and asked…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage The upcoming Bitcoin halving has raised expectations of a potential cryptocurrency bull market, motivating investors to actively seek out promising altcoins like JasmyCoin. JasmyCoin (JASMY) pioneers the digital currency concept focused on Internet of Things (IoT) solutions. This innovative platform combines IoT technology and blockchain to create a secure space where users have full control over their data. JASMY aims to transform the way people utilize their personal information by emphasizing data autonomy and empowering users. Reimagine the data exchange environment, prioritizing facilitating secure and direct…
Jupiter recorded the most daily users in the first quarter. Demand decreases due to SOL price decline Solana-based decentralized exchange (DEX) Jupiter (JUP) ended the first quarter as the DeFi protocol with the highest number of daily unique active wallets over a 90-day period. According to DappRadar’s latest report, this is: The newly released “State of the Dapp Industry, Q1 2024” report shows that the number of daily unique active wallets on DEXs totals 179,000. This was due to the memecoin craze, which saw the value of some Solana-based assets such as dogwifhat (WIF) and Book of Meme (BOME) surge…
Shiba Inu ecosystem It recently marked another notable milestone with its listing on a leading cryptocurrency and digital asset platform. This latest development occurred at a time when: Interest and demand for SHIB It is growing rapidly and its future prospects are also improving. Increased adoption In cryptocurrency. Shiba Inu is listed on Nexo Nexo, a cryptocurrency-based financial services company, officially announced on March 5th. presentation SHIB, the native token of Shiba Inu, will be listed on the platform. The cryptocurrency company revealed this monumental development via X (formerly Twitter), informing investors and traders within the cryptocurrency community that SHIB…
Markets • April 6, 2024, 6:33 a.m. EDT Posted 1 minute ago In ~ A hawkish view on a possible interest rate cut by the U.S. Federal Reserve (Fed) has boosted gold among traditional investors. This, in Coinbase’s opinion, could further increase demand for Bitcoin.“In our view, the acceptance of Bitcoin as a form of ‘digital gold’ will drive demand from new downstream investors in this market system,” David Han, institutional research analyst at the cryptocurrency exchange, said in a report published yesterday. “It can be activated,” he said.“As a result, even if volatility persists in the price discovery process,…
erraform Labs and Do Kwon were found guilty of defrauding investors in a landmark case that highlights the need for regulatory compliance in the cryptocurrency market. A jury in the U.S. District Court for the Southern District of New York found Terraform Labs and its co-founder Dodo Kwon guilty of defrauding investors. The ruling was issued following a hearing that declared the company had engaged in the unlawful offering and sale of crypto-asset securities, circumventing the regulatory framework established by the Securities Act of 1933. The decision marks a significant development in the ongoing saga surrounding Terraform Labs, which has…
The DAO soft fork attempt was difficult. Not only did we underestimate the side effects of the consensus protocol (e.g. DoS vulnerabilities), but we also succeeded in introducing data races into a hasty implementation that was a time bomb. It wasn’t ideal, and despite the last-minute aversion, it looked terribly bleak, not to mention the rapidly approaching hard fork deadline. I needed a new strategy… The stepping stone towards this was an idea borrowed from Google (courtesy of Nick Johnson). autopsy It aims to assess the root cause of the problem, focusing only on technical aspects and appropriate measures to…
In an industry where innovation is the currency of success, Hash AI is emerging as a pioneering force in the mining sector. Hash AI has created a unique solution that redefines the efficiency and profitability of cryptocurrency mining by seamlessly integrating artificial intelligence with a wide range of internal GPUs. This approach not only addresses key industry challenges, but also sets new benchmarks for scalability and smart technology adoption. Key Features: AI-Enhanced Mining: Proprietary AI technology selects the most profitable coins in real time. Scalable GPU infrastructure: 500+ in-house GPUs distributed globally for powerful mining operations. No outsourcing: A self-contained…
BlackRock includes ABN AMRO, Citadel Securities, Citigroup, Goldman Sachs, and UBS as new approved participants in its Bitcoin ETF. BlackRock, the world’s largest asset manager, has taken a significant step forward in the cryptocurrency space by enlisting five of Wall Street’s biggest names to help run a Bitcoin exchange-traded fund (ETF). Companies including ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities have been added as new approved participants in the Bitcoin ETF Prospectus. Authorized Participants (APs) are essential cogs in the ETF machine and are responsible for creating and redeeming ETF shares. These institutions can…
Memecoins’ liquidity seen bypassing Bitcoin during unprecedented bull marketCryptocurrency industry analysts are labeling the current Bitcoin halving cycle as the “weirdest” bull market to date, with significant changes in market dynamics. Unlike traditional cycles, where liquidity flows from Bitcoin to Ethereum and then to other high-value coins before reaching smaller assets, this cycle saw a direct jump from Bitcoin to Memecoins.The rise of meme coinsOn April 1, the total capitalization of memecoins soared to an astonishing $70 billion, with significant gains from both new and existing memecoins. Tokens such as Solana’s ‘dogwifhat’ (WIF) and Book of Meme (BOME), as well…