Cryptocurrency inflows from asset managers such as CoinShares, Bitwise, Grayscale, ProShares and 21Shares added $176 million last week, reaching $1.76 billion for the 10th consecutive week, according to CoinShares’ latest report.The run is the largest since the launch of the U.S. futures-based Bitcoin ETF product in October 2021 and represents 4% of the $46.2 billion worth of assets currently under management, said James Butterfill, head of research at CoinShares.Butterfill added that trading volume also remained high, reaching $2.6 billion last week, accounting for 12% of total Bitcoin trading volume. But while assets under management are up more than 100% this…
Author: Crypto Flexs
Read More
Domestic financial authorities have established a period for users to report unlicensed cryptocurrency exchanges operating in the country. According to a December 4 update, this latest initiative is a joint effort between the Digital Asset Exchange Association (DAXA) and the Korea Financial Intelligence Unit (FIU). DAXA encompasses the five major domestic virtual asset exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax. The primary purpose is to identify domestic and foreign virtual asset business operators targeting Korean citizens without complying with Article 7 of the Specific Financial Information Act. The process of processing these reports includes an initial review by DAXA…
Crypto.com is FCA approved. This license will allow crypto.com to launch cryptocurrency products locally in the UK. The series of approvals highlights the exchange’s responsible innovation in the rapidly evolving cryptocurrency market. Singapore-based cryptocurrency exchange Crypto.com has achieved a significant milestone by securing an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). This move will enable the exchange to introduce a UK-localized cryptocurrency product and comply with FCA’s strict consumer protection standards. We are proud to announce that https://t.co/vCNztATSCO has been approved as an Electronic Money Institution (EMI) by the Financial Conduct Authority (FCA), establishing our…
Today we published This is the second set of vulnerabilities in the Ethereum Foundation Bug Bounty Program! 🥳 These vulnerabilities were previously discovered and reported directly to the Ethereum Foundation. Once a bug is reported and verified, the Ethereum Foundation coordinates disclosure to the affected team and helps cross-check vulnerabilities across all clients. The bug bounty program is currently accepting reports for the following client software: EragonGo to EthereumlodestarnethermindLighthouseprismoceanbesutcloud In addition to client software, the bug bounty program covers deposit contracts, execution layer and consensus layer specifications, and Solidity. 🙏 Repository and Vulnerability List The last vulnerability disclosure has been…
Ethereum team leader Péter Szilágyi recently said: dissatisfaction About his alma mater’s apparent disinterest in providing students with opportunities to engage with Ethereum technology. Szilágyi’s frustration was expressed through a series of tweets on December 3, 2023, where he described his efforts to cultivate genuine interest in Ethereum at his former university. Szilágyi’s attempts to generate enthusiasm included organizing a grant to cover all costs for nine students to attend Devconnect. Nonetheless, he found that students did not know where the grants came from and showed little curiosity about them. His further efforts to initiate collaboration between students and industry…
A prolific cryptocurrency thief deploying an attack vector known as “address poisoning” has swindled more than $2 million from Safe Wallet users in the past week alone. The thefts brought total thefts to about $5 million from 21 victims over the past four months, according to the blockchain tracking company. key point Scammers stole more than $2 million from Safe Wallet users last week through address poisoning. The estimated total theft from 21 victims over a four-month period is $5 million. Attackers create similar-looking wallet addresses to trick users into sending funds in the wrong direction. Contaminates transaction history by…
Bitcoin is currently dominating the cryptocurrency market, soaring to its highest price in 19 months at $41,700. However, altcoins are slow to react but usually follow rallies, so which one moves first? Bitcoin’s massive move today has narrowed the gap from all-time highs to less than 40% for the first time since April 2022. Altcoins paying attention to the next market move Bitcoin dominance surged below 54% today as the asset led the market higher. Moreover, the market has continued to rise steadily over the past year, hitting bottom in December 2022. Altcoins are still lagging, with many of them…
Shiba Inu (SHIB) prices are entering what could potentially be the most important week in a year and a half. As explained in the previous analysis, SHIB showed conflicting patterns on the weekly chart: a bullish quadruple bottom and a bearish triangle. Things may resolve this week and bullish chart patterns may be validated. At press time, SHIB was trading at $0.00000933. Therefore, the Shiba Inu price has crossed the downward trend line of the triangle pattern. Why SHIB enters its most important week in a year and a half The quadruple bottom pattern was formed over a long period…
In November alone, over $343 million worth of digital assets were stolen from digital asset platforms. Centralized exchanges accounted for 53.8% of total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on the BNB chain and Ethereum accounted for 83% of the total losses on the target chains.advertising Maximum monthly loss to date “A new report from Immunefi shows that $343,038,810 worth of digital assets fled both centralized and decentralized exchanges in November. The figure includes digital assets stolen through hacking and fraud, making it “the highest monthly loss so far this year.” Similar…
Franklin Templeton CEO Jenny Johnson is known to have personally invested in cryptocurrencies such as Bitcoin and Ethereum. Uniswap UNI -1.40% and episode episode + Exchange your governance tokens.These investments are “small compared to my overall portfolio,” Johnson told Fortune in an interview published Saturday. This appears to be the first time Johnson has publicly disclosed his cryptocurrency investments.But Johnson doesn’t seem to be a fan of non-fungible tokens. Not all NFTs make sense from a personal investment perspective, she said, noting that she prefers mature investments that offer a clear financial return.“I tend to invest in areas where I…