Over the past few weeks, the Ethereum network has been the target of ongoing attacks. The attackers were very cunning in finding vulnerabilities in client implementations and protocol specifications. While recent patches have improved the overall resiliency of client implementations, the attacks have also demonstrated that low-level changes to the EVM pricing model are necessary. Perhaps the most noticeable consequence for many users is that they are having difficulty including transactions in blocks and are facing memory limitations in managing the bloated state of entire nodes. Our strategy to address these issues is: As a temporary measure to minimize the…
Author: Crypto Flexs
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Gurbir Grewal, the Securities and Exchange Commission’s (SEC) chief enforcement officer, condemned “significant non-compliance” in the cryptocurrency industry and addressed criticisms leveled at the agency over the years. Grewal, the agency’s executive director, spent about 15 minutes on the cryptocurrency industry Wednesday morning.A two-day “SEC Speaks” event sponsored by the Practicing Law Institute. “Over the past decade, we have faced significant non-compliance and numerous creative attempts by market participants to evade our jurisdiction, with some claiming we were compensating in our efforts, others claiming we were regulating. It recklessly overstepped the bounds of our authority,” said Grewal, who also pointed…
Venice, Florida, April 3, 2024, Chainwire Byte Federal, a global financial technology leader, is proud to announce the official launch of ByteConnect, its point of sale (POS) system. This product launch marks a significant expansion of Byte Federal’s “fintech-focused” services and demonstrates its commitment to building a complete suite of financial tools for financial freedom. Byte Federal co-founder and CTO Lennart Lopin expressed the vision behind the innovation: “Sound money is essential for creators and inventors and drives social progress. We are excited to introduce the world to Bitcoin, an important innovation that fosters freedom and freedom and encourages creativity…
BNB Chain’s new ‘Meme Innovation Campaign’ aims to revitalize the meme token sector by offering $1 million in rewards for developer projects until May 9. BNB Chain, previously known as Binance Smart Chain, is putting the spotlight on the more fun side of cryptocurrencies with its latest “meme innovation campaign.” This initiative comes as a strategic move to foster creativity and engagement in the meme token market, a niche market that has seen both explosive growth and volatile popularity fluctuations. From April 10 to May 9, developers who bring Memecoin projects to the BNB chain can compete for a $1…
Today, Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies by hash rate, announced that it will access 36MW of power at its Tarbush data center in West Texas, adding 1EH/s. Adapted to total hash rate capacity.GDA, which was founded in 2013 and operates 19 mining facilities across North America, Europe and Central Asia, has signed a strategic hosting agreement with Lonestar Dream, a developer of immersion cooling systems for Bitcoin mining rigs, to operate its Tarbush operations. .“This hosting agreement is an important milestone as we continue to expand into the West Texas region,” said Andrey…
Byte Federal Launches POS System for Merchants Looking to Accept Bitcoin – Chainwire housenewsroomByte Federal Launches POS System for Merchants Who Want to Accept Bitcoin 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or…
Local media reported that Nigeria’s federal government is working with the International Criminal Police Organization (Interpol) to seek the extradition of Binance executives detained in Nigeria.According to government sources quoted in local publications: punchNigeria’s Economic and Financial Crimes Commission (EFCC) is “cooperating” with Interpol, the FBI, and the governments of the United Kingdom and Kenya to secure the arrest and extradition of Nadeem Anjarwalla, Binance’s regional manager for Africa.A second unnamed source said the aim was to bring Anjarwala back to Nigeria to “answer the money laundering case in court” after he escaped detention and left the country last month.A…
XRP price is struggling below $0.620. The price needs to remain above the $0.5680 support to attempt a fresh rally in the near term. XRP is slowly declining from the $0.6620 resistance zone. The price is currently trading below $0.620 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a major bearish trendline forming with resistance near $0.600 (data source from Kraken). A close below the $0.5680 support line could provide downward momentum. XRP price faces many obstacles Over the past few sessions, the price of XRP has been steadily declining well…
Posted 1 minute ago In ~ The Securities and Exchange Commission is soliciting comments on a handful of physical ether exchange-traded funds, according to the filing. On Tuesday, the agency requested public comment on the three proposed ETFs. Ethereum ETH +0.94% accumulation, Grayscale Ethereum Trust and By bit Ethereum Trust. “The Commission is publishing this notice to solicit comments from interested parties regarding the proposed rule changes as amended by Amendment 1,” the agency said in a filing to Bitwise. Comments on all three are due within 21 days. hope dwindles Optimism about potential SEC approval of a spot ether…
Shiba Inu (SHIB) reportedly dominated trading volume on India’s largest cryptocurrency exchange, WazirX, in March. KangaMoon offers pre-sale participants the opportunity to win KANG ahead of the launch of games and NFTs. The project is currently in Phase 5 of pre-sale and has raised over $4 million. Shiba Inu (SHIB) topped the list of most traded tokens on India-based cryptocurrency exchange WazirX in March, according to a news update shared via Meanwhile, the new meme coin project KANG has surpassed $4 million in pre-order sales. Shiba Inu, No. 1 in trading volume on WazirX in India According to post toSHIB…