Asia • March 7, 2024 1:13 AM EST Posted 1 minute ago In ~ South Korea’s so-called kimchi premium for Asian Bitcoin hit 10.32% on Wednesday, the highest in 27 months, according to data from CryptoQuant.Kimchi Premium is a term that refers to the price difference between domestic and foreign cryptocurrency. Data from CryptoQuant compares the price of Bitcoin in South Korea with the price in the US dollar market.Cryptocurrency prices in Korea differ from overseas prices due to several unique factors in the domestic cryptocurrency market. Domestic regulations essentially block foreign investors from trading on Korean exchanges. Korean investors…
Author: Crypto Flexs
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The Avalanche wallet will retire on March 6th at 11AM ET. Approximately 57% of AVAX’s total circulating supply is staked. Avalanche (AVAX), a popular Proof of Stake (PoS) network, has made a final call to stakers to switch from the existing web wallet to the more advanced Core Stake, adding that the wallet will close at 11:00 AM on February 6, 2019. . March. According to the previously published phase-out guide, no immediate action was required and stakers would simply need to use Core for wallet access and staking services. Avalanche has ensured that staking rewards are unaffected and remain…
In a bold and unconventional move, SEC members hester pierce Mark Uyeda and Mark Uyeda took a satirical approach to the recent opposition to the ShapeShift agreement, shedding light on the regulatory issues facing cryptocurrency companies. Mocking the SEC’s “come in and register” call, the commissioners engaged in a hypothetical conversation that revealed the ambiguity and lack of clarity surrounding the cryptocurrency industry’s regulatory environment. SEC Commissioner Mocks Regulatory Uncertainty in Cryptocurrency Sector The ShapeShift case, in which a Swiss company (formerly based in Colorado) was accused of acting as an unregistered dealer, sparked a heated debate about the SEC.…
Zama, which launched in 2020, describes FHE as the “holy grail” of cryptography. This allows companies to provide services to users without having to see their data and exposing them to greater risk. Zama’s latest product, fhEVM, is a confidential smart contract protocol for Ethereum-compatible blockchains that ensures on-chain data remains end-to-end encrypted during processing.
Flash technology has been around for decades and has revolutionized the way websites are designed and developed. With its ability to create interactive, engaging content, Flash has the power to transform static websites into dynamic, visually engaging experiences for users. Benefits of using flash There are many benefits to integrating Flash into your website. Some of the key benefits include: Animation: Flash allows you to create animated elements that can grab your visitors’ attention and provide a more engaging user experience. Interactivity: Flash allows you to keep users on your site longer by incorporating interactive features such as games, quizzes,…
In the bustling world of cryptocurrency pre-sales, a new contender has rapidly risen up the ranks to challenge established tokens like Pepecoin (PEPE) and garner the attention of investors from around the world. Option 2 Trade (O2T)has emerged as a strong competitor to Pepecoin (PEPE) with its cutting-edge approach to decentralized finance (DeFi), dominating the pre-sale segment with expected profits of astounding 500x. As we approach completion of Phase 2, which is 95% complete, the cryptocurrency community is abuzz with discussions about what is contributing to Option2Trade’s (O2T) pre-sale success and the surge in investor confidence in its market potential.…
Key Takeaways Bitcoin hit an all-time high of $69,170 earlier this week, and market experts expect the price to rise even higher. Bitcoin Dogs has raised over $8 million to date, and the pre-sale ends in eight days. Bitcoin reaches all-time high of $76,000 Cryptocurrency markets have been very strong this week, with Bitcoin hitting an all-time high on Tuesday. BTC traded at $69,170 on Tuesday, its first all-time high since November 2021. BTC flash crashed to the $62,000 level after hitting a new all-time high on Tuesday, but is slowly recovering. At the time of reporting, bitcoin price It…
BNB Chain unveils the second phase of its TVL incentive program, offering a prize pool of up to $160,000 to BSC projects to promote ecosystem growth. BNB Chain, a leading blockchain network, recently announced the launch of the second phase of its Total Value Locked (TVL) incentive program specifically designed for projects operating on Binance Smart Chain (BSC). The initiative aims to promote the growth and development of the BSC ecosystem by rewarding projects that demonstrate significant increases in TVL (a measure of capital secured in smart contracts). The incentive program features a competitive prize pool of up to $160,000…
Bitcoin price is struggling to break above the $68,000 resistance level. BTC is currently consolidating and may fall towards the $63,400 support area. Bitcoin price is struggling to make more gains than new all-time highs. The price is trading above $65,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a short-term bearish trendline forming with resistance near $67,000. The pair could extend losses and revisit the $63,400 support zone. Bitcoin Price Faces Hurdles Bitcoin price began a sharp decline from its all-time high of $69,218. BTC crashed to $59,150 before…
Argentine authorities have arrested a Brazilian couple accused of leading a $400 million cryptocurrency Ponzi scheme. Argentina’s Federal Police (PFA) has arrested a Brazilian couple for orchestrating a Ponzi scheme involving over $400 million in cryptocurrency. The operation, labeled “Assim você me estafa”, resulted in the pair being arrested at a rural estate in Escobar, a Buenos Aires region. The couple had been under an international arrest warrant issued by Interpol for a year before their arrest. They are accused of devising an elaborate Ponzi scheme that raised significant sums of money from investors lured by the promise of lucrative…