Since early 2018, cryptocurrency exchange HTX has had its own token. HT -2.66% The token is named after the exchange’s original brand, Huobi. The token was widely supported on exchanges and offered perks such as discounted trading fees.However, token holders were surprised last January when the exchange announced that all these benefits would be withdrawn from HT Tokens and transferred to an entirely new token. This was not an upgrade that would allow all token holders to share the new tokens equally. Instead, token holders had to accept the loss of their benefits and be grateful that some of the…
Author: Crypto Flexs
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A widely respected cryptocurrency analyst and trader is expressing optimism about one decentralized storage altcoin project. Analyst known by the pseudonym Bluntz says 239,700 followers on social media platform “FIL is at the peak of the most outrageous pumps and has nearly erased its two-year cumulative range.” Source: Bluntz/X Looking at the chart, the trader suggests that FIL has broken above the diagonal resistance line and is now poised to surpass its multi-year high of $11.390. As of this writing, Filecoin is trading at $11.57, up more than 14% in the last 24 hours. Filecoin launched in October 2020 with…
If you thought “Frankenstein” was too difficult, give Fran-cash-stein a try. I remember swearing at my German grandmother for letting me ride at her snail’s pace if there was any slight inconvenience, such as having to wait an extra 30 seconds for the bus to arrive. Anyway, onto the matter at hand. A huge thank you to Red Tiger for their interest in our school. Because unlike 90% of the world’s population, they know that Frankenstein was a doctor and inventor, not a monster. The name of that monster is… Wait… It is “Monster”. It’s one of my favorite works…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. Blockchain is famous for making every transaction, i.e., publicly visible. It’s like a glass house where you can see everything, and that’s the big advantage of this house. But there’s a problem. This transparent world is so revealing. It’s like entering a room with glass walls, forgetting that when we look out, others can also look in. This clear and transparent world reminds me of the old Internet (web1) era when all information flowed freely. Unfortunately,…
MakerDAO has approved an executive vote on significant changes in response to market conditions, aimed at stabilizing the DAI peg and improving the resilience of the protocol. Amid the turbulent cryptocurrency market, MakerDAO, the organization behind the popular stablecoin DAI, announced the approval of an accelerated executive vote. This decisive action was taken in response to recent market volatility and the potential for a surge in demand for DAI. This vote introduces several temporary measures to strengthen the stability of DAI and the underlying protocol. Stability in the Face of Volatility Known for its strong overcollateralization support system, the Maker…
“We also attempted to design a solution that rejected sandwich bundling, but our solution became a cat-and-mouse game with MEV searchers,” the statement said. “Ultimately, the Jito Labs team views negative MEVs, including sandwich attacks, as a roadblock to the Solana ecosystem and has made the difficult decision to discontinue the mempool in the absence of an engineering solution. We are committed to providing additional revenue streams. In addition to making Solana the best execution environment for all users, it is also for validators and stakers.”
A cybercrime report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) shows a significant increase in cryptocurrency-related scams over the past year. According to the 2023 IC3 report, cryptocurrency-related fraud is expected to increase by 53% in 2023. FBI Cryptocurrency Fraud Report The FBI’s report provides a comprehensive overview of the current state of cybercrime and the challenges posed by the use of cryptocurrencies to facilitate fraudulent activities. Data from the report shows a significant increase in cryptocurrency-related investment fraud. According to the report, losses due to fraud increased 53% from $2.57 billion in 2022 to…
Market • March 8, 2024 5:20 AM EST Posted 1 minute ago In ~ Daily trading volumes on centralized cryptocurrency exchanges have reached highest levels not seen since November 2021.The seven-day moving average for daily trading volume across a wide range of centralized exchanges reached $97.4 billion on March 6, according to The Block’s data dashboard. That’s up from a low of about $24 billion in early February.Daily trading volume has only surpassed this point for less than two months in history, most of that time during the 2021 bull market when Bitcoin first peaked at $69,000.While daily trading volume…
Worldcoin hit a new all-time high, sparking bullish euphoria. Some short-term price volatility is expected before profits are realized. Worldcoin (WLD) met the predictions of the AMBCrypto report in the last week of February, reaching $10 and thereby setting a new ATH. At press time, the next target was just above $11, but Fibonacci extension levels showed the price could go much higher than that. Technical analysis shows that the uptrend was so strong that WLD’s downtrend from a week ago was cut short. Buyers were eager and confident, reinforcing the idea that prices would rise. Divergences and pullbacks were…
join us telegram A channel to stay up to date on breaking news coverage The current upward trend and positive market outlook have resulted in significant profits for smart investors. Additionally, the altcoin market has seen a notable increase, especially in AI, gaming, and meme coins. Therefore, investors are actively looking for coins within the sector to take advantage of the upcoming rally. Emerging tokens and pre-sales are gaining investor attention by promising impressive growth potential. This review takes a closer look at the use cases, performance metrics, and notable developments in these coin markets. New cryptocurrency launches, listings and…