Musk sparked a surge in AI tokens when he announced a 25% stake in xAI for X Corp shareholders, along with testing a Grok chatbot. The AI token is also responding to the ouster of Sam Altman from OpenAI. Altman is now heading to Microsoft. Artificial intelligence (AI)-focused tokens saw significant gains over the weekend, driven by major developments in the AI sector. Traders have shown strong confidence in the long-term growth potential of these tokens due to notable announcements from industry leaders. Elon Musk’s revelations spark euphoria Tech entrepreneur Elon Musk announced that shareholders of X Corp, a conglomerate…
Author: Crypto Flexs
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Lido node operator InfStones will be replacing its validator keys following the vulnerability disclosure by blockchain security company dWallet Labs. Lido acknowledged the vulnerability and said its security team is working with node operators to assess the scope and potential impact. InfStones, a blockchain infrastructure provider and one of the core node operators of Lido Finance, a liquid staking protocol, is attempting to address recent vulnerabilities by rotating validator keys. The platform is expected to take security measures by temporarily withdrawing Ethereum validators from Lido. Why does InfStones take these security measures? InfStones’ move follows the discovery and disclosure of…
At press time, Bitcoin was trading at $37,172.29. BTC surpassed $37,000 following Javier Milei’s victory in Argentina’s presidential election. Javier Milei is a politician who supports Bitcoin. Bitcoin surged past $37,000 following Javier Milei’s victory in the Argentine presidential election. Mailay, a self-described anarcho-capitalist, was elected president with 55% of the vote, signaling a major political change in the country. Bitcoin support boosts market confidence Known for his advocacy for Bitcoin, Mailay has established himself as a supporter of decentralized finance (DeFi) and a critic of central banks. His victory has resonated positively within the cryptocurrency community, with Bitcoin enthusiasts…
British Prime Minister Jeremy Hunt has announced plans for cryptocurrency legislation. The government aims to pass legislation to formalize the Digital Securities Sandbox (DSS). DSS provides a controlled testing environment for encryption technologies and services. UK Chancellor of the Exchequer Jeremy Hunt announced legislative proposals for a Digital Securities Sandbox (DSS) in his mini-budget presentation on Wednesday in a move to boost the digital asset sector. As part of his autumn statement, Mr Hunt set out 110 measures to boost economic growth, including introducing a digital securities sandbox. Proposed Digital Securities Sandbox (DSS) The proposed legislation aims to foster the…
John E. Deaton, cryptocurrency lawyer and amicus curiae in the SEC-Ripple lawsuit, recently responded to the X handle ‘@jungleincX’. A Twitter representative asked Deaton about the announcement he would make. In response to this, Deaton Posted His photos include ‘1) the photo below; XRPL; ETH ICO’. Because my friend Jungle asked. Here are 3 hints: 1) Photo below; 2) #XRPL; 3) #ETH ICO https://t.co/HFvva35m9n pic.twitter.com/VTyiKg91z4 — John E Deaton (@JohnEDeaton1) September 22, 2023 The tweet already made it clear what the announcement was, but a few hours ago, Deaton retweeted a post from former Ethereum network official Steven Nerayoff. presentation…
GetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches – Chainwire housenewsroomGetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches We use cookies to make your experience on Chainwire’s website better. 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…
Last week, Bitcoin (BTC) closed at around $37,350, up 0.8% from the previous week’s closing price of $37,000. The BTC price opened with notable volatility on Tuesday, falling as low as $34,800, before making a strong recovery on Wednesday, reaching nearly $38,000. BTC then fell back to $36,000 on Thursday. There was an upward trend later in the week, with BTC ending the week around $37,350. BTC Dominance, which measures Bitcoin’s market capitalization compared to the entire digital asset market, rebounded after falling for two consecutive weeks and settled at about 52.6%. This represents a 0.3% increase compared to the…
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The U.S. Securities and Exchange Commission (SEC) has sued Payward Inc. and Payward Ventures Inc. (collectively Kraken) for operating a cryptocurrency trading platform without the required registration. The complaint filed in San Francisco alleges violations have occurred since September 2018. Kraken is accused of operating as an unregistered exchange, broker, dealer and clearinghouse and consolidating the roles of these entities without proper registration. This reportedly deprived investors of important protections, such as SEC scrutiny and conflict-of-interest safeguards. The SEC’s complaint outlines several concerns, including that Kraken provides a marketplace for trading securities and effectively operates as an exchange. Acts as…
Cryptocurrency exchange HTX, known as Huobi Global, said it would resume deposits and withdrawals within 24 hours after suffering a $30 million exploit on November 22. The exploit was reported to be worth $13.6 million at the time of the incident, but has since increased. value. In a statement, the exchange promised to “compensate in full for losses resulting from this attack and ensure 100% safety of user funds.” In addition, he said, “The amount of funds lost by Huobi HTX this time is a very small amount of the total funds on the platform,” and “HTX’s ‘normal operation’ was…