Competitors Blur and OpenSea, decentralized non-fungible token (NFT) marketplaces, are under pressure, down more than 30% from their November peak. While BLUR is on the retreat, on-chain data shows BLUR whales are moving tokens to major cryptocurrency exchanges for liquidation. Whales On Sale Possible According to Lookonchain data On December 7, several whales unloaded large quantities of BLUR. For example, in the last 24 hours, 16.85 million BLUR, worth about $8.43 million, was deposited on the exchange. In particular, one whale deposited 2.54 million BLUR worth $1.26 million received through airdrop into Binance. At the same time, Mandala Capital transferred…
Author: Crypto Flexs
Read More
open network ( ton +0.14% ) blockchain Transaction processing suffered lengthy delays earlier this week following the introduction of the Bitcoin Ordinals-inspired protocol, which saw a surge in activity. According to messages from TON developers and Telegram users, the problem started on Tuesday. As of Thursday afternoon, more than 2.5 million transactions were reportedly pending. Data from dTON A bot that monitors blockchain status.The speed of the blockchain has fallen to less than 1 transaction per second. dTON. This is just a fraction of the TON’s highest speed known to have been recorded around 2000. 100,000TPS During ‘public stress test’…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEBTCC Mall is a scam cryptocurrency platform that claims to offer Bitcoin trading globally but is actually a fake site designed to bail out…
A federal judge in Seattle ruled Thursday that Changpeng Zhao, founder of cryptocurrency exchange Binance, must remain in the United States for several months until he is sentenced on criminal charges related to anti-money laundering violations.U.S. District Judge Richard Jones accepted a request from federal prosecutors to impose travel restrictions on Zhao, who received a separate ruling allowing him to return to his home in the United Arab Emirates before sentencing in February. Approved.Jones reversed that decision, saying Zhao’s “tremendous wealth” overseas and the lack of an extradition treaty between the United States and the UAE made him a flight…
This article was published in Bitcoin Magazine. “Main Problem”. click here To get an annual Bitcoin Magazine subscription.I always find it hilarious whenever I attend a Bitcoin event like Bitcoin 2023 or Bitcoin 2024 in Nashville next year. A fight fan recognized me with a puzzled expression and asked: “Cyborg?!… “What are you doing here?”The answer always seems obvious to me. “Because I am a Bitcoin user!” One thing that makes Bitcoin special is Everyone And the more you understand it, the more confident you are of its success. Whenever I meet someone and find out that he or she…
Cryptocurrency traders endured a rude awakening over the past 24 hours as Bitcoin price fluctuations led to liquidations of more than $190 million. Excessive volatility caught more than 81,000 traders off guard, triggering a cascade of liquidations, according to data aggregator Coinglass. key point Crypto Trader Liquidates Over $190 Million in One Day Amid Bitcoin Price Fluctuations Over 81,000 traders were liquidated, the majority betting on a continued rise in BTC price. Bitcoin and Ethereum led the liquidation volume, but ORDI entered the top three with $21 million liquidated. Long traders continue to struggle amid volatility and account for 91%…
Policy • December 7, 2023 8:09 PM EST Posted 1 minute ago In ~ A federal judge in Seattle has ruled that former Binance CEO Chanpeng Zhao cannot return to the United Arab Emirates before he is sentenced in the United States in February.The same ruling was announced on November 27 and is pending further review. Prosecutors warned Zhao that he was a flight risk because of his wealth and the fact that the UAE has not signed an extradition treaty with the United States.According to a Bloomberg report today, U.S. District Judge Richard Jones on Thursday rejected the idea…
Uphold said in a press release that Vault will make self-storage of cryptocurrencies easier for regular users. The wallet combines the on-chain security of full self-custody with the convenience of CeFi applications. The wallet has a key replacement feature that allows users to restore access if they lose their private keys. Uphold has announced the beta launch of its self-custodial wallet called Vault, and the first cryptocurrency supported is Ripple’s XRP. Uphold launches self-custodial wallet In an announcement Thursday, the cryptocurrency platform said Vault will be a “self-custodial enabled wallet.” In addition to simplifying the secure storage of digital assets,…
Polychain Capital and Hack VC led an $18 million Series A funding round for Babylon Chain, a Bitcoin (BTC) staking protocol that connects the decentralized finance (DeFi) ecosystem and the Bitcoin blockchain. According to a December 7 announcement, the funds will be used to support the development of Babylon’s Bitcoin staking protocol, which will allow proof-of-stake (PoS) networks to stake BTC, adding liquidity and security to emerging chains. It will.For context, a PoS chain is a type of blockchain that relies on participants to verify transactions. To become a validator and create new blocks, participants must stake the chain’s native…
BTC fell to $43,000 during the day after surging near $45,000 earlier this week, suggesting traders took some profits after the largest cryptocurrency broke out from $38,000 a week ago. Recently, Bitcoin price was trading at around $43,300, down 1.1% in the last 24 hours.