The chief executive of a cryptocurrency asset management firm said the financial hardships experienced by most Americans have led them to seek greater risk in altcoins for a chance to profit. Ikigai CIO Travis Kling said on social media platform According to Kling, the American dream is no longer as easy to achieve as it once was. pushing Younger Americans are investing in riskier cryptocurrency assets such as memecoins. “The idea that the cost of living is suffocating most Americans; More and more people are being denied opportunities for upward mobility. Median home price divided by median income is completely…
Author: Crypto Flexs
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Legal • February 5, 2024 7:43 AM EST Posted 1 minute ago In ~ Han Chang-jun, former chief financial officer (CFO) of Terraform Labs, a cryptocurrency company who worked with co-founder Do Kwon, was extradited from Montenegro to Korea following a decision by the Balkan Ministry of Justice.The Montenegrin Ministry of Justice said on this day, “Today, we took action in accordance with Korea’s request, and in accordance with the Ministry of Justice’s decision, we handed over Han Chang-jun to the competent authorities of his home country.” Today is account X. Repatriation of Han Chang-jun. Image: Ministry of Justice of…
Crypto app joins Shark Tank on Web3 ‘Killer Whales’ as official media partner through partnership with HELLO Labs. -Chainwire housenewsroomCrypto app joins Web3’s ‘Killer Whales’ Shark Tank as official media partner through partnership with HELLO Labs. 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 a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out…
By 2023, the blockchain security environment will see $50 billion less in cryptocurrency asset losses, indicating a shift toward improved security protocols and the maturation of the DeFi ecosystem.According to a year-end report from cryptocurrency security company Hacken, the amount of financial damage from hacking and fraud decreased significantly last year. Total losses reached $1.9 billion, a stark contrast to the staggering figures recorded the previous year. The reduction in lost value represents a significant advance in the industry’s efforts to strengthen security measures and address vulnerabilities more effectively.Across the industry, BNB Chain suffered the most attacks with 214, while…
Solana has launched the second version of Solan Mobile, its new venture in the technology and cryptocurrency space. Compared to its predecessor, it is essentially a redesigned and modernized product whose defining features are pricing and the Solan cryptocurrency ecosystem. Solana Saga Phone: Chapter 2 will be available in 2025 and will cost just $450 to pre-order. The device weighs significantly less than its predecessor, which was released in April 2023. The second version features similar integration with the Solana ecosystem and offers many equivalent features, albeit at a reduced cost. As stated by Solana Labs, the limited duration of…
Cryptocurrencies have been growing in popularity over the past few years, with Bitcoin leading the way as the most well-known digital currency. However, there are many other cryptocurrencies on the market, and the one that is creating a lot of buzz recently is JouleCoin. What is JouleCoin? JouleCoin is a decentralized peer-to-peer digital currency that enables instant, secure, and low-cost payments to anyone around the world. It is based on a hybrid proof-of-work/proof-of-stake consensus mechanism that ensures the security and efficiency of the network. Why is everyone talking about it? There are several reasons why JouleCoin is gaining attention in…
In the dynamic world of cryptocurrency, strategic investment decisions can yield significant returns. As we head into 2024, Retik Finance (RETIK) is attracting attention, currently selling for an attractive price of $0.1. This digital asset is increasingly recognized as a more astute choice for bullish investing compared to established players such as Solana (SOL) and Ethereum (ETH). The new power of Retik Finance Based on current valuations, Retik Finance offers a unique investment opportunity. It has a relatively low entry point compared to Ethereum and Solana, making it an attractive option for both new and seasoned investors. Here’s why Retik…
There are increasing reports that Binance user data has been leaked on the dark web. As a result, sentiment towards the BNB token plummeted. Binance (BNB), one of the world’s largest cryptocurrency exchanges, has been experiencing massive problems over the past few months. Adding to the list of problems, Binance recently faced accusations that user data was leaked onto the dark web. Binance data leak Sensitive material related to Binance, including code and internal passwords, was reportedly leaked from GitHub and was publicly accessible for an extended period of time. Materials posted by the “Termf” account consisted of code, infrastructure…
February 1st Bitfinex Alpha | Bitcoin ETF flows continue to lead the market. Posted at: 06:39h On Bitfinex Alpha Posted by Tammy This week’s On-Chain Analysis examines the complex volatility of cryptocurrency markets, particularly dramatic changes in ETF flows and short-term holder behavior. What’s notable is that the Grayscale Bitcoin Trust ETF has seen significant withdrawals since converting to a physical Bitcoin fund, losing $4.3 billion worth of assets. This event played a pivotal role in the recent market correction that saw BTC fall 20% from a high of $48,700 to a low of $38,600. ETF outflows, especially from GBTC,…
Posted 1 minute ago In ~ Hong Kong’s top financial regulator has reiterated the deadline for cryptocurrency trading platforms to submit license applications, urging investors to check the regulations. situation March 1st.The Securities and Futures Commission announced today (1st). To find out Investors must trade only on licensed trading platforms. Regulators have required all cryptocurrency trading platforms in Hong Kong to submit license applications by February 29. Otherwise, businesses in those areas will have to close by May 31.The SFC advised investors to take prompt action when trading on platforms that are not listed in the ‘Virtual Asset Trading Platform…