Posted 1 minute ago In ~ Former security engineer Shakeeb Ahmed was sentenced to three years in prison on Friday after prosecutors said he hacked two decentralized cryptocurrency exchanges and stole $12 million worth of cryptocurrency. The case involves the first conviction for smart contract hacking, said Damian Williams, U.S. attorney for the Southern District of New York. name On Friday. Ahmed previously plead They are suspected of hacking the exchange. “No matter how new and sophisticated the hack, our office and our law enforcement partners are committed to tracking the money and bringing hackers to justice,” Williams said. “And…
Author: Crypto Flexs
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XRP is struggling at a higher level than any other cryptocurrency among the top 10 by market capitalization, and the bearish sentiment does not appear to be over yet. Ripple could unlock a huge amount of tokens from escrow, further threatening the price. Ripple unlocks 500 million XRP. In the early hours of Friday, on-chain whale tracking platform Whale Alert posted two transactions carrying notable numbers of XRP tokens. The first transaction unlocked 200 million tokens from the escrow wallet, worth $122.63 million at the time of transfer. The second transaction took place a few minutes later when a total…
join us telegram A channel to stay up to date on breaking news coverage The non-fungible token market is making a strong recovery after more than four weeks of decline. The nascent sector, which was hot two years ago, is expected to retest another market rally, perhaps before the end of the year, before crashing to the ground. In this article, we will take a look at the overall state of NFTs over the past seven days. NFT sales increase 46% this week The global non-fungible token market has seen an increase in trading volume, according to data compiled by…
Recently, we saw Bitcoin hit an all-time high near $70,000. On the surface, $70,000 per Bitcoin is a lot of cash. However, as an investor, even if Bitcoin increases to $140,000, you will only double your investment. Doesn’t seem that impressive now, does it?It is impossible to invest in Bitcoin at current prices and expect a 1,000x return on your investment. Likewise, for Ethereum, it is very likely that Ethereum will reach $10,000 in the near future. But at current prices, you’re still only seeing about 2x the return on your investment. Again, not that impressive considering this article earned…
On-chain data shows that Dogecoin is no longer the dominant meme coin in terms of number of weekly active traders. There is a coin on it. Dogecoin has been overtaken in number of traders by another Memecoin According to data from market intelligence platforms: Into the BlockDOG and DEGEN are two assets that have surpassed the original meme-based cryptocurrency in terms of number of day traders. Here, “trader” refers to an investor who holds coins within 30 days. These investors typically act as active traders in the market and therefore tend to move their coins frequently. They are definitely not…
From Memecoin to Meaning: HLX Token Presale Leads the Way towards Cryptocurrency’s Real-Utility – Chainwire housenewsroomFrom Memecoin to Meaning: HLX Token Presale Leads the Way towards Cryptocurrency’s Real-Utility We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary…
Ethereum’s Pectra upgrade, expected in late 2024 or early 2025, will improve the user experience and functionality of the cryptocurrency wallet, enabling smart contracts and sponsored transactions, but will raise security concerns. With the introduction of the Pectra update in late 2024 or early 2025, Ethereum hopes to significantly improve the cryptocurrency wallet by adding new features and improving the user experience. One of the key recommendations in the update, Ethereum Improvement Proposal (EIP) 3074, allows regular cryptocurrency wallets to behave like smart contracts, including transaction bundling and sponsored transactions. Improved cryptocurrency wallet usability and functionality The Pectra update brings…
April 12: Oracle, Decentralized Oracle Network I recently started staking on Eigenlayer.aims to improve security and data reliability on Ethereum through a trust market that incentivizes accurate data, as founder and CEO Matan Sibon stated in an interview with CoinDesk. Creating a trusted and neutral marketplace through eOracle can help match supply and demand at free market prices, fostering a more diverse and unbiased Oracle ecosystem that significantly reduces operating costs, Sibon said. “We believe that markets, open markets, free markets are the best way to find and allow price discovery for any asset or service,” he said. EigenLayer allows…
As the cryptocurrency market continues to evolve, investors and traders alike are constantly seeking insight into the future trajectory of digital assets. One of the assets that has been receiving a lot of attention recently is: Option 2 Trade (O2T). With unique token economics, innovative features, and a growing community, Option2Trade offers exciting investment opportunities. But what does the future hold for Option2Trade in terms of pricing? Let’s examine the factors affecting Option2Trade’s price forecasts and analyze potential future trends. Token economics and market dynamics At the heart of Option2Trade’s price predictions are token economics models and market dynamics. Designed…
Former US President Donald Trump appears to have shown interest in cryptocurrencies and Bitcoin after the billionaire businessman launched his first digital trading card NFT in late 2022, but interest in the original collection has clearly cooled. Trading volume for an initial collection of 45,000 NFTs featuring glorified, cartoonish images of the 45th president has plummeted 99% in the past 30 days, according to OpenSea data, which also shows there wasn’t a single transaction in the past week.The collection has recorded more than $50 million in total transaction volume since its launch in December 2022, according to OpenSea data.Meanwhile, overall…