Author: Crypto Flexs

Posted 1 minute ago In ~ Decentralized stablecoin project Frax Frax +0.27% The Treasury Department has moved to restore protocol fee conversion through a new proposal. “We propose to turn the protocol fee switch back on, sending 50% of profits to veFXS and the remaining 50% for purchases. FXS +1.00% Other Frax assets to be paired on the FXS Liquidity Engine (FLE),” Frax Finance wrote in its proposal. thursday. “FLE will allow Frax to continue building its balance sheet while dramatically increasing the liquidity of FXS and the combined Frax assets.”The proposal also details how the new tokenomics system will…

Lawyers for Irinia Dilkinska, OneCoin’s former “head of legal and compliance,” requested that she be sentenced to prison for her alleged involvement in the OneCoin scheme. In papers filed March 20 in the U.S. District Court for the Southern District of New York, John Buza argued for leniency for Dilkinska. Dilkinska pleaded guilty in November 2023 to conspiracy to commit wire fraud and money laundering.Background: OneCoin plan and Dilkinska’s roleDilkinska admitted money laundering at OneCoin under co-founders Karl Sebastian Greenwood and Ruja Ignatova, known as ‘Cryptoqueen’. OneCoin, founded in 2014, was revealed in 2015 to be a fraudulent cryptocurrency scheme…

The newly launched altcoin Super Sushi Samurai (SSS) suffered a serious security breach. In the latest update, the market value of SSS fell to $0.000000000002239, a massive decline of 99%. Likewise, 24-hour trading volume plummeted to $9,570.9. Altcoin Super Sushi Samurai (SSS) Exploitation The breach was first detected and announced by Certik, a leading security company specializing in blockchain technology. According to Certik, the Super Sushi Samurai token suffered a serious mishap on the Blast platform. This resulted in a significant loss of approximately $4.6 million. Despite the troubling nature of the breach, Certik made it clear that the incident…

March 20th What is Ethereum’s Dencun upgrade and why is it important? Posted at 15:22h education by admin The Ethereum Dencun upgrade was successfully implemented last week, on March 13, 2024. This marks a significant advancement for Ethereum’s layer 2 scaling solutions, which aim to significantly reduce transaction fees and improve network scalability. What benefits can we expect from Ethereum’s Dencun upgrade? The Ethereum community saw new and important improvements with the Dencun hard fork last week. This upgrade is named Dencun as it combines the enhancements of the Cancun and Deneb upgrades by incorporating nine Ethereum Improvement Proposals (EIPs).…

Base, powered by Coinbase, has the highest transaction fees among the Ethereum layer 2 networks, as it is currently gaining traction among cryptocurrency traders. According to Gasfees data, Base is the most expensive layer 2 protocol among scaling solutions that implement the Blob functionality of the Dencun upgrade. This feature allows for a more efficient and cost-effective way to publish rollup data, significantly reducing transaction fees and improving throughput on Layer 2 networks. Ethereum Layer-2 network fee (Source: Gasfees) In fact, Base’s average transaction fees can reach $0.0857 up to $0.5582 for the average NFT transaction on Seaport, compared to…

Posted 5 minutes ago In ~ Bitcoin BTC -0.19% Cryptocurrencies have rebounded this week after a sharp correction last week, but are still in “overbought territory,” according to JP Morgan analysts, suggesting that the largest cryptocurrency by market capitalization could fall further.JPMorgan analysts led by Nikolaos Panigirtzoglou wrote on Thursday that two indicators – JPMorgan’s futures position proxy and Bitcoin futures price premium – suggest that Bitcoin remains overbought.According to the analyst, these metrics indicate that only a small amount of positions have been liquidated so far. “Both indicators indicate that Bitcoin is still in overbought territory despite last week’s…

Arbitrum (ARB), an Ethereum layer 2 (L2) scaling solution, recently underwent a unlock event as part of its 2024 roadmap. However, the event raised concerns about how the token price would react amid a market downturn. It’s been a week since the price of Bitcoin began to fall. Despite BTC Even after the recovery, the market is still showing red readings. Crypto analysts remain optimistic about ARB and market conditions. Bull market. Are Arbitrum whales still dumping on exchanges? The March 16th event unlocked 1.1 billion ARB tokens. These tokens were distributed to the team, advisors and investors, who received…

BONK’s open interest hit its lowest level last month. Key technical indicators suggest a possible further decline in the value of BONK. BONK, the dog-themed Solana-based meme coin, lost 29% in value last week as futures open interest fell to a 30-day low. According to data from CoinMarketCap, BONK was trading at $0.0000233 at press time, making it the cryptocurrency asset with the most losses over the past seven days. The decline in altcoin prices is due to the fact that futures open interest fell to the lowest level in a month. According to data from Coinglass, BONK’s open interest…

I’m trying to use the P2TR output using one of the scripts used to generate the current address. Below is some Python code that attempts to construct a raw transaction to use UTXOs. The address you want to move the testnet coins to is tb1pnnr3jysdew9gma9ac9k3pzdy5xp69fka3jh9vkga5ak28yjak0ws3hw834. from bitcoinlib import transactions from bitcoinutils.setup import setup from bitcoinutils.script import Script from bitcoinutils.utils import * from bitcoinutils.transactions import Transaction, TxInput, TxOutput, TxWitnessInput from bitcoinutils.keys import * utxos = (‘txid’: “4390635a95c7e3538dda7c4690f38fbfaa5d93eaf04e1f4f63fb811a884428e2”, “vout”: 0) priv1 = PrivateKey(wif=”secret for obvious reason 1″) priv2 = PrivateKey(wif=”secret for obvious reason 2″) priv3 = PrivateKey(wif=”secret for obvious reason 3″) priv4…

With the long awaited geth 1.5 (“let there bee light”) release, Swarm made it into the official go-ethereum release as an experimental feature. The current version of the code is POC 0.2 RC5 — “embrace your daemons” (roadmap), which is the refactored and cleaner version of the codebase that was running on the Swarm toynet in the past months. The current release ships with the swarmcommand that launches a standalone Swarm daemon as separate process using your favourite IPC-compliant ethereum client if needed. Bandwidth accounting (using the Swarm Accounting Protocol = SWAP) is responsible for smooth operation and speedy content…