Ethereum price is aiming for an upward reversal by breaking the resistance level of $2,440. ETH could rise like Bitcoin if it closes above the $2,500 level. Ethereum is trading higher at the $2,250 support level. The price is trading above $2,350 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance near $2,300. A clear move above $2,400 and $2,440 could push the pair higher. Ethereum price sees major upward reversal Ethereum price found support near the $2,250 level and recently began a…
Author: Crypto Flexs
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Orbit Chain, a cross-chain bridge project, suffered a “cyberattack” on Monday, resulting in more than $80 million lost on the bridge. The project said it identified approximately $84.5 million held in multiple wallet addresses belonging to the attackers after an “unconfirmed access” occurred on Orbit Bridge. The stolen funds were spread across five addresses and held a total of 26,741.6 ETH (worth approximately $64.5 million at current prices), worth less than $20 million. stablecoin DAI was held at three other addresses. Orbit Chain said on Twitter that the stolen funds were “not moving” and that its team was “continuously monitoring”…
In the dynamic world of web3 technologies, Axie Infinity is an outstanding example of innovation and resilience. 2023 has been a pivotal year for the platform, marked by significant challenges and achievements that have shaped the trajectory of the blockchain gaming sector. overcome challenges Axie Infinity’s journey in 2023 it started With a series of difficult challenges. Key goals included successful implementation of Axie Core and Axie Evolution, expanding the community support strategy, and revitalizing the Axie PH community. Addressing these issues was essential for Axie Infinity to assert its relevance and future potential in the web3 generation. GROWTH BY…
join us telegram A channel to stay up to date on breaking news coverage Investing in digital assets doesn’t always require huge investments. Several promising tokens can be purchased for a few cents. These ‘cheap cryptocurrencies’ offer a cheap entry point into the market and have tremendous growth potential. This article collects cheap tokens worth less than 1 cent that investors can add to their portfolio. 6 Cheapest Cryptocurrencies You Can Buy for Less Than 1 Cent Right Now Bitcoin’s surge past $45,000 sparked investor interest in the market. These expectations highlight the potential for mainstream adoption. In addition, interest…
Key Partners to Participate in Upcoming Aleph Zero CTRL+Hack+ZK Hackathon – Chainwire housenewsroomKey Partners to Participate in the Upcoming Aleph Zero CTRL+Hack+ZK Hackathon We use cookies to make Chainwire’s website a better experience. Cookies help us provide you with 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 specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose…
tl;dr Kintsugi🍵 in progress In early November, Kintsugi🍵’s month-long Merge sprint has begun! long writing Specification and Milestones/Plans It has been launched and the client team is now deeply engaged in sprints with the goal of an ongoing testnet launch in the first week of December. The Kintsugi specification incorporates all lessons learned and minor tweaks. Amphora Interoperability. The Kintsugi November Sprint is an effort to (1) integrate new change sets and (2) improve and bring into production the Merge implementation. Kintsugi will run through the December holidays and culminate in an ongoing multi-client testnet launch that will serve as…
Special Offer • January 2, 2024 3:47 AM EST Posted 1 minute ago In ~ Formula 1 team Sauber has agreed to sign a two-year title partnership deal with cryptocurrency casino and sports betting platform Stake starting in 2024.The deal saw the Swiss racing team of drivers Valtteri Bottas and Zhou Guanyu, previously operating under the name Alfa Romeo, become Stake F1 Team Kick Sauber.“Last season marked the beginning of Stake’s journey in Formula 1, and Brand’s new role leading the Stake F1 Team represents the natural and exciting next step on this path,” team principal Alessandro Alunni Bravi said…
Compared to 2022, the overall financial loss due to hacking in the web3 industry decreased to $1.7 billion in 2023. truth. The Web3 industry is becoming increasingly advanced in terms of cybersecurity and cyberattack prevention. However, hacking remains lucrative for cybercriminal groups like Lazarus, threat actors relying on advanced attacks. This means that the majority of total losses (estimated at 70%) can come from high-profile cyberattacks. Think multichain, Mixin Network or Poloniex. Salus, a cybersecurity company specializing in cybersecurity and traditional security for the Web3 industry, has compiled the 2023 Web3 Security Landscape Report. This article highlights the top 10…
In the Bitcoin mining world, 2023 will be remembered as a year of massive concentration of power among the major mining pools. The mining of over 54,000 Bitcoin blocks was a significant event that occurred this year. It has become clear that Foundry, Antpool, F2pool, Viabtc, and Binance Pool are the most successful pools in this sector. What is particularly notable is that these five pools discovered 45,707 block rewards. This accounts for over 84% of all blocks mined during the year. Bitcoin mining is characterized by highly concentrated mining power, which highlights the competitive environment of the industry. Among…
Renowned cryptocurrency analyst Altcoin Sherpa said one artificial intelligence (AI) project will definitely hit new highs in the near future. An anonymous analyst told his 203,000 followers on social media platform Fetch.ai is a blockchain-based AI platform that aims to automate specific tasks and systems, such as supply chain logistics or record keeping, for individuals or organizations. The technology is primarily powered by AI agents that can plan and execute tasks. According to Altcoin Sherpa, a buying opportunity may arise if the project’s native token, FET, falls to the $0.50 level. “FET: A couple of things – I think this…