Worldcoin’s eye scan Orbs for on-chain identity verification may soon have a new challenger. ton +8.71% ecosystem.TON Society, a hub community contributing to the TON ecosystem, is launching an initiative in collaboration with AI company HumanCode. It is designed to provide Toncoin users with a voluntary tool to verify human identity on the blockchain while maintaining physical anonymity by scanning the user’s palm.Announced today at the Hong Kong Web3 Festival, the program aims to enable digital identities for 500 million Telegram users within five years. Telegram initially developed the Telegram Open Network, as it was known at the time, raising…
Author: Crypto Flexs
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New data from market intelligence platform IntoTheBlock shows that the market capitalization of memecoins has reached its highest level since 2021. The total value of meme assets nearly tripled to $56 billion in the first quarter of 2024, Lucas Outumuro, head of research at IntoTheBlock, said in a new article. “Demand for memecoins this quarter reached its highest level since 2021. Despite interest rates remaining high and ‘freak checks’ not being sent out, the appetite for seemingly worthless cryptocurrency assets has been very strong. It’s unclear whether this is due to an overheated economy or simply growing financial nihilism, but…
join us telegram A channel to stay up to date on breaking news coverage Wormhole prices have fallen 8% in the last 24 hours and 40% in the past week. Deal for $0.99 As of 1:32 a.m. EST, trading volume had fallen 50% to $256 million. Wormhole is rapidly becoming a ZK-enabled network for trustless transfer of data and value. The project does this through a partnership with AMD, which provides the resources needed to speed up processing and reduce transaction costs. wormhole x @AMD – Wormhole ZK acceleration Wormhole’s platform is rapidly evolving into a ZK-enabled network for trustless…
Benchmark maintained its Buy rating and raised its MicroStrategy price target from $990 to $1,875. The new price target is based on the assumption that Bitcoin will reach $150,000 by the end of 2025, up from $125,000 previously. MicroStrategy shares rose more than 11% to about $1,601 in trading before the U.S. market officially opened.
A well-known analyst crypto dog They even referred to Layer 1 altcoins as rivals, implying that they are likely to receive more attention than Ethereum. The altcoins being talked about are NEAR and INJ. NEAR is given greater weight by the smart contract protocol Near. The analyst said NEAR could make a move as soon as tomorrow, if not today. This comment came at a time when the token was up 1.71%, listing at $7.14 at the time of drafting this article. But first you have to find a breakthrough and hit the $9 milestone. Once achieved, the goal is…
Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, owning 0.69% of the total BTC supply. Public fintech broker Robinhood was found to be the third-largest single Bitcoin wallet owner, holding $9.5 billion worth of the cryptocurrency, Coinbase director Conor Grogan said in an X post, citing data from Arkham Intelligence. Data shows that Robinhood controls nearly 0.7% of the total supply of Bitcoin (BTC), third behind Bitfinex ($12.6 billion) and Binance ($17.4 billion). Coinbase executives noted that Robinhood’s Btcoin holdings have increased by about 14% over the past six months, increasing its market share. Grogan also…
Cryptocurrency funds from asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares recorded additional inflows worth $646 million globally last week, according to CoinShares’ latest report.Following net inflows of $862 million the previous week, year-to-date inflows have reached a record $13.8 billion, well above the previous annual record of $10.6 billion in 2021, just months into 2024.This marks a continued rebound for global cryptocurrency funds after seeing outflows worth around $1 billion during the week ended March 22. But there are also signs that the exchange-traded fund hype is easing, writes James Butterfill, head of research at CoinShares.“There…
MATIC saw the daily market structure reverse to bearish. April could see a further 8% decline. Polygon (MATIC) saw the beginning of a downtrend on its sub-period chart in the second half of March. Bitcoin (BTC)’s recent stagnation and inability to rise above $70,000 has created short-term fears, leading to selling in the altcoin market. Technical analysis showed that further losses were likely, and the liquidation heatmap agreed. But higher term forecasts showed optimism could carry over into next months. Here’s how things could go: The structure is turning bearish. Should traders consider selling MATIC? Source: MATIC/USDT on TradingView The…
In a rebuttal to detractors of the Cardano network and native token, Charles Hoskinson announced that he will soon be releasing two significant upgrades designed to fundamentally strengthen the blockchain ecosystem. through name Created at X, Hoskinson paints a picture of a future full of promise for Cardano, emphasizing strategic readiness for scalability, governance, and innovation. The story surrounding Cardano’s pace of development and its place in the cryptocurrency ecosystem has once again faced scrutiny and skepticism. But Charles Hoskinson emerged with a message of resilience and strategic foresight. On April 7, amidst the criticism, Hoskinson asserted with a mixture…
Numerous advertisements from Ethereum blockchain explorer Etherscan were found to be part of a large-scale phishing attempt targeting Etherscan users directly. On April 8, X community member McBiblets identified some Etherscan ads as wallet drains and warned users that clicking on them would lead them to a phishing website. Subsequent investigation revealed that Etherscan’s phishing ads had also been replicated on several popular phishing websites. Following in the footsteps of McBiblets, web3 fraud prevention platform Scam Sniffer found that phishing ads went beyond Etherscan and appeared on major search engines such as Google, Bing and DuckDuckGo, as well as on…