join us telegram A channel to stay up to date on breaking news coverage Ethereum price pumping So far this month, it’s up more than 18%, trading at $2,926.70 as of 1:15 a.m. ET. With the much-anticipated Dencun upgrade less than a month away, analysts believe ETH price could rise further in the short and medium term. This upgrade will make Ethereum faster and cheaper as it introduces “proto-danksharding” to the network. Optimism surrounding the U.S. Securities and Exchange Commission, which approved the Ethereum ETF (exchange-traded fund) this year, is also increasing. The belief that an ETH ETF would be…
Author: Crypto Flexs
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Layer 2 network Optimism announced its fourth airdrop focused on rewarding web3 artists.According to the official announcement, this airdrop distributed 10,343,757.81 OP, worth approximately $40.8 million, to 22,998 addresses. Users can claim their tokens until February 13, 2025.“A great society needs artists,” Optimism wrote on the airdrop claims page. “This airdrop is a token of our appreciation for artists and their ability to bring creativity on-chain. Your contributions play an important role in the Optimism Collective.”Fourth airdropFrom January 10, 2023 to January 10, 2024, users who created NFT art on the Ethereum mainnet or on Optimism’s superchain, an interconnected series…
The cryptocurrency community is abuzz after a wallet suspected of being linked to Tron founder Justin Sun gobbled up $161 million worth of Ether on February 19th. The whale-sized purchase shocked markets, sparking speculation and potentially signaling a positive outlook for the world’s second-largest cryptocurrency. At the time of this writing, Ethereum (ETH) is quickly approaching the $3,000 level, trading at $2,932, up 0.2% and 9.8% in the 24-hour and 7-day periods, data from Coingecko shows. ETH inching closer to the $3k mark. Source: Coingecko Ethereum address with Tron connection Ethereum purchases were made on leading cryptocurrency exchange Binance and…
With the launch of the Smog Token (SMOG), the Solana meme coin market is in full swing. Viral marketing and plentiful airdrops are part of Smog’s mission to become the best meme coin. However, BONK, well known as another meme coin, is causing anxiety among investors due to falling prices and decreasing investor interest. On the other hand, eco-friendly mining methods, incredible ROI guarantees of up to 5000%, record-breaking speeds, and the ability to raise $1 million in just one day all contribute to the passion for mining. Pre-sale of BlockDAG (BDAG). BlockDAG attracts environmentally conscious customers by marketing itself…
DarkBit is a revolutionary technology that will change the way we think about data security and privacy. This groundbreaking technology has the potential to revolutionize the way we store and manage sensitive information, and is already changing the game for several industries. What is Dark Beat? DarkBit is a new type of encryption technology that uses quantum computing and advanced mathematical algorithms to protect data in ways previously thought impossible. This technology is designed to protect sensitive information from unauthorized access and does so in a faster and more secure manner than traditional encryption methods. How is DarkBit revolutionizing data…
Microsoft has taken a big step forward in Europe with a $2.1 billion investment commitment to strengthen its artificial intelligence (AI) and cloud infrastructure in Spain. Microsoft Vice Chairman and President Brad Smith announced the investment following a meeting with Spanish Prime Minister Pedro Sánchez, emphasizing the country’s commitment to digital transformation.Expanding AI and cloud infrastructureThe investment, which will be completed over the next two years, aims not only to build data centres, but also to support security and digital development in Spain across government, business and society. Microsoft sees this as a continuation of its long-standing relationship with Spain,…
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According to on-chain data, the Dogecoin network has been seeing consistently high usage recently as the coin is handling one million movements per day. Dogecoin continues to see high usage recently According to data from market intelligence platforms: Into the Block, DOGE has observed a large amount of activity recently. The on-chain relevance metric here is “transaction count,” which tracks the total volume of movements processed on the blockchain. A high value for this metric means that users are currently transmitting a lot on the network. This trend means that interest in cryptocurrencies is currently high among investors. On the…
China’s Ministry of State Security has issued a warning against foreign mapping companies using cryptocurrency rewards to encourage unauthorized collection of sensitive geographic data in China, posing a threat to national security. China’s Ministry of State Security (MSS) issued a warning on February 20, 2024, regarding certain foreign guidance companies engaging in activities that potentially threaten national security. According to Zhao BaoThese companies encourage individuals in China to collect sensitive geographic data through the use of special equipment and “check-in” activities on maps. exchange For cryptocurrency rewards. These practices result in sensitive geographic information being collected and transmitted in real…
Former Celsius CEO Alex Mashinsky has chosen to be represented by the same legal team as FTX’s Sam Bankman-Fried over allegations of wire fraud and artificially inflating the value of the company’s tokens. Mashinsky expressed his decision to a federal judge, acknowledging his willingness to overlook any conflicts that may arise between Torrey Young and Bankman-Fried, as well as attorney Marc Mukasey, who represents him, according to a Bloomberg insight. Both attorneys represented Bankman-Fried in the landmark trial of FTX, in which the former FTX CEO was found guilty. Bankman-Fried awaits sentencing next month, where he could face up to…