reporter Posted on: December 20, 2023 INJ’s momentum has stalled in the past 127% extension. The huge profits being enjoyed by holders could lead to sharp price movements in the coming days. Injective (INJ) is up 500% since October 12th. Technical analysis of the token shows that above $25 is clear sky and $55 is very likely at the moment. However, holders at low prices will certainly increase selling pressure on INJ. AMBCrypto’s technical analysis suggested several levels at which holders could book profits. Re-entry can wait until the trend plateaus and a significant decline occurs. On-chain indicators also pointed…
Author: Crypto Flexs
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Cryptocurrency hardware wallet provider Ledger is changing its transaction signing process after exploiting the Ledger Connect Kit software library on December 14.“We are aware that approximately $600,000 in assets was stolen and affected from blind signing users of the EVM DApp,” Ledger wrote on Wednesday. X post. “We have committed to working with the DApp ecosystem to allow clear signatures and no longer allow blind signatures using Ledger devices by June 2024.”The company said both ledger and non-ledger customers who lost funds due to the exploit will be “all-out” by the end of February 2024. It added that people who…
December 20th First tokenized bond raises over 5 million USDt from Bitfinex Securities Posting time: 15:00h From media materials Posted by Elodie Jallet Astana, Kazakhstan, December 20, 2023 – Bitfinex Securities Ltd (https://www.bitfinex.com/securities/), a provider of listing and trading services for security tokens, announces the successful raising of $5,200,100 USDt in one of the world’s first tokenized bond issuances. I’m delighted. The fundraising of ALTERNATIVE, a Luxembourg-based securitization fund managed by microfinance leader Mikro Kapital (https://mikrokapital.com), officially closed earlier this week. ALT2612 is the first tokenized bond in the microcredit industry and one of the first tokenized bonds in the…
As the cryptocurrency industry gains greater institutional adoption, there will be a greater need for accounting and tax reporting tools similar to those businesses have access to in the traditional financial world. TRES seeks to provide these companies with “a comprehensive way to obtain a complete and accurate picture across all Web3 financial activities,” co-founder and CEO Tal Zackon said in a statement.
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly to the service. Blockchain network Elastos may have devised a strategy to capitalize on the current high demand for Bitcoin (BTC) staking on its platform. This comes after the launch of BeL2, a Bitcoin Layer 2 network, in an effort to sustain the billions of dollars in BTC volume flowing from the staking tools it currently offers. According to Elastos developers, BeL2 is an upgrade of the basic Bitcoin blockchain. And this is especially true in that it allows for more sophisticated Bitcoin transactions, such as…
Bitcoin advocate Michael Saylor, co-founder of MicroStrategy, believes the approval of a Bitcoin spot exchange-traded fund (ETF) could be the most significant development on Wall Street since the creation of the S&P 500 index fund in the early 1990s. In an interview with Bloomberg, Saylor said the impact of approving a spot Bitcoin ETF would open the opportunity to provide mainstream retail and institutional investors with a “high-bandwidth compatible channel” to invest in Bitcoin. He likened this to the historical significance of the S&P 500 index fund, which allows investors to invest in all S&P 500 companies in one trade.Saylor…
A video was recently released showing the involvement of big banks in drafting the Digital Asset Anti-Money Laundering Act proposed by Senators Roger Marshall and Elizabeth Warren. First introduced in December 2022, the bill has received significant attention due to its potential impact on the cryptocurrency sector. In a revealing video, Senator Roger Marshall said he and Senator Elizabeth Warren approached the American Bankers Association (ABA) for help in enacting digital asset anti-money laundering legislation. This intervention by big banks has raised eyebrows in the cryptocurrency community, with Coinbase CEO Brian Armstrong expressing disappointment at the senators’ apparent alignment with…
Ripple Markets Ireland Limited, the Irish subsidiary of cryptocurrency payments company Ripple, received approval from the Central Bank of Ireland on December 19 to operate as a virtual asset services provider.According to the statement, the registration will enable Ripple to offer certain digital asset services within Ireland and paves the way for the company to offer these services to customers across the European Economic Area once the regulated market for cryptocurrency assets comes into effect in late 2024. opened. .If it obtains additional necessary approvals, Ripple general counsel Stuart Alderoty previously said it could “pass” a European license to the…
I am developing a Bitcoin wallet (testnet) in Python using the Cryptos library. I started integrating support for deterministic wallets and mnemonic words. Now users can generate addresses, addresses and private keys stored in an encrypted sqlite3 database file, and generate addresses and public keys in a simple sqlite3 file. How can I effectively implement an algorithm that generates trades using multiple inputs? The library has built-in features such as unused (addresses are represented as UTXOs). I understand that I need to loop through the utxo and then select a private key for signing. But is there a more efficient…
Coinbase, the largest cryptocurrency exchange in the United States, Escalated It is a legal confrontation with the U.S. Securities and Exchange Commission (SEC). This important legal battle unfolding in the Third Circuit is not just a corporate dispute, but a defining moment in the broader discussion about cryptocurrency regulation in the United States. Coinbase’s active appeal Coinbase’s legal troubles stem from the SEC’s refusal to respond to its petition for rulemaking on cryptocurrencies. After 18 months of silence from the SEC, Coinbase forced the courts to respond, echoing industry calls for clearer regulatory guidance. Paul Grewal, Coinbase’s chief legal officer,…