Partner and professor Adam Cochran is bullish on OP, the native token of Optimism, Ethereum’s layer 2 scaling solution. If you choose X, Cochran says Is convinced The OP is undervalued, pointing out the importance of Coinbase and the brand it has built over the years as a cryptocurrency exchange and investor in several products. In 2023, Coinbase supported the development of Base, a layer 2 scaling solution for Ethereum that uses the Optimism infrastructure for optimistic rollups. OP will grow explosively because of CoinBase and Base. With this valuation, investors highlight Coinbase’s broad user base and ability to potentially…
Author: Crypto Flexs
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Avalanche’s YTD performance lagged, falling 1.5% while Bitcoin and Ethereum were surging. Interest in Avalanche has grown in the DeFi space. In the green-decorated cryptocurrency market, Avalanche (AVAX) emerged as a unique outlier, showing a 1.5% year-to-date (YTD) decline. This performance contrasted sharply with the upward trajectory witnessed by Bitcoin (BTC), Ethereum (ETH), and others. ecosystem status To reignite price momentum, Avalanche faced the significant task of reigniting interest in its ecosystem and token. However, the state of some metrics has cast a shadow on these efforts, with daily active addresses and transactions on the Avalanche network dropping significantly. The…
Elon Musk, an entrepreneur behind companies like Tesla and SpaceX, has filed a lawsuit against OpenAI and OpenAI’s CEO Sam Altman, alleging breach of non-profit agreement. Musk argues that OpenAI has strayed from its original mission to advance open source artificial general intelligence (AGI) for the benefit of humanity.The legal complaint, filed in San Francisco Superior Court, accuses OpenAI of breach of contract, breach of fiduciary duty and unfair business practices. Musk is urging OpenAI to return to open source principles and is seeking an injunction to prevent commercial use of its AGI technology.The lawsuit focuses on OpenAI’s collaboration with…
Macro • March 1, 2024 3:18 PM EST Posted 1 minute ago In ~ Although the price of Bitcoin surged 45% in February, surpassing $60,000 for the first time since November 2021 and ending the month 9% below its all-time high, macroeconomic factors could push the cryptocurrency’s value further higher in the near term. may act as a barrier to According to Grayscale.Analysts at a prominent cryptocurrency asset manager specifically identified accelerating inflation last month and the resulting reduced likelihood of an interest rate cut by the U.S. Federal Reserve (Fed) as key factors potentially holding back cryptocurrency price growth…
I have the following code import hashlib import binascii def word_to_private_key(word): sha256_hash = hashlib.sha256(word.encode()).digest() private_key = binascii.hexlify(sha256_hash).decode() return private_key word = “hello” private_key = word_to_private_key(word) print(“Bitcoin Private Key:”, private_key) Here hello is converted to your Bitcoin private key. Surprisingly, I see some transactions using that private key. The string in the word variable contains one BTC private key. My question is – what is the relationship between a string and a Bitcoin private key? Could you please make it simple for me? Also, why do people talk about 12 word seeds? Here one word is converted into a private key.
Palo Alto, CA, March 1, 2024, Chainwire OpenRank allows developers and web3 companies to build consumer apps that allow people to discover, spend, fund, read, or buy something on-chain without worrying about spam or fraud. Karma3 Labs has raised $4.5 million in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank, a decentralized reputation protocol. OpenRank allows developers and the web3 protocol to leverage consumer apps, communities, and marketplaces through a public ranking and recommendation layer that provides users with security and peace of mind when making decisions on-chain without trusting a centralized gatekeeper. You can strengthen…
According to Immunefi’s latest Crypto Loss Report, losses in the cryptocurrency industry reached $67 million across 12 incidents in February, accounting for 97.54% of funds stolen due to hacks.Meanwhile, the remaining 2.46% of the stolen funds were lost to fraud.Despite significant losses during the month, there was a notable decline compared to January 2024, suggesting that security measures may be improved or vigilance within the cryptocurrency community may be heightened, the report said.february numbersCryptocurrency gaming platform PlayDapp and decentralized exchange FixedFloat accounted for most of the losses, with $32.35 million and $26.1 million, respectively. Duelbits, an online casino with cryptocurrency…
introduction Think And Get Rich Coin is an innovative cryptocurrency that aims to help individuals unlock their wealth potential through innovative technologies and wealth-building strategies. In this guide, we’ll look at how you can leverage these coins to achieve financial success and independence. What is Think And Get Rich Coin? Think And Get Rich Coin is a decentralized digital currency that operates based on blockchain technology. It was created with the vision of empowering individuals to take control of their financial future and build wealth through sound investment practices. The coin is designed to be secure, transparent, and accessible to…
Oliver Michelfounder and CEO of German-based venture capital firm Tokentus Investment AG, offered an optimistic price forecast. XRP price. According to him, XRP could soon reach $10. Increasing the price of XRP to $10 is just the beginning Michelle talking In an interview with leading German financial magazine Der Aktionär, he said he expects XRP to rise between $5 and $10 in the first wave. parabolic movement upwards. Interestingly, he added that XRP will eventually reach 3-4 figures. I feel worried. About the current price action of XRP. Meanwhile, Michel revealed that he is investing in XRP tokens as he…
Demand for spot Bitcoin exchange-traded funds (ETFs) has recently surged since their approval on January 10th. Blackrock’s IBIT Bitcoin ETFs are leading the way. The ETF has reached this impressive milestone in less than two months, garnering significant investor interest and opening the door for a wide range of market participants to directly invest in the largest cryptocurrency. As institutional and individual investors flock to these new investment vehicles, market experts predict a bullish trend and anticipate a potential price surge. Bitcoin ETF craze Depending on the BlackRock’s IBIT Bitcoin ETF has quickly joined the revered “$10 billion club,” reaching…