USDC issuer Circle wants to become a publicly traded company in the United States. In a new announcement, the stablecoin company said it has filed a draft registration statement with the Securities and Exchange Commission (SEC) in connection with its proposed initial public offering (IPO) of equity securities. Circle notes that it has not decided how many shares it will offer or the price range for those shares. The company said it expects the IPO to take place after the SEC completes its review process. USDC, the second largest stablecoin by market capitalization, aims to maintain a 1:1 peg with…
Author: Crypto Flexs
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Spot Bitcoin ETFs got off to a brisk second day of trading on Friday, with cumulative volume quickly surpassing $5 billion as the price of the world’s largest cryptocurrency by market capitalization fell below $45,000. On its first day of trading, spot Bitcoin ETFs generated nearly $4.6 billion in buying and selling. The second day of trading saw $905 million in transactions, according to Yahoo Finance data compiled by The Block.“By every metric – volume, number of deals, flows, media coverage – it has historically been a huge success,” Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, posted regarding the…
A day after the launch of the spot BTC ETF, BlackRock CEO Larry Fink likened Bitcoin to gold but predicted it was unlikely the cryptocurrency would be used as a currency. BlackRock’s CEO spoke to CNBC about digital assets, ETFs and tokenization, with the world’s largest asset manager looking to increase the value of its spot Ethereum (ETH) ETF into another offering, following the successful launch of the same fund backed by Bitcoin (BTC). He mentioned that he was viewing it as a cryptocurrency-related investment product. , the largest token in cryptocurrency. Fink said BlackRock sees cryptocurrencies as a promising…
Ethereum founder Vitalik Buterin recently announced new plans. Increase gas limit for ETH. The proposal to introduce practical solutions to challenges within the ecosystem has drawn criticism from ETH developers. Ethereum developers oppose increasing gas limit. Buterin The claim was made on January 11, causing controversy. Ethereum gas limit increases by 33%. Since then, the proposal has sparked heated debate within the ETH community, with many developers expressing opposing views on the potential change. Ethereum core developer and team leader Peter Szilagyi recently shared his views on the proposed gas limit increase via: X (formerly Twitter). Asking the question, “What…
The launch of America’s first spot Bitcoin exchange-traded fund (ETF) was welcomed across the financial services industry. But stalwart low-cost wealth manager Vanguard has controversially banned its brokerage clients from buying these popular new products, sparking a customer defection. key point Vanguard is blocking customers from purchasing its newly launched spot Bitcoin ETF. Attempts to purchase BlackRock’s IBIT or Grayscale’s GBTC through a Vanguard brokerage account were unsuccessful. Vanguard said cryptocurrencies are inconsistent with its focus on stocks, bonds and cash as components of long-term portfolios. Some Vanguard customers have expressed frustration and moved their accounts to cryptocurrency-friendly competitors like…
Bottle caps are something most of us don’t give a second thought to once we take them out of the bottle. But these little metal discs have many surprising uses that you may not have considered. From DIY projects to practical household hacks, here are 10 amazing uses for bottle caps that will make you look at them in a whole new light! DIY Fridge Magnets: You can attach small magnets to the back of bottle caps and use them to display photos, artwork, or reminders on your refrigerator. Garden marker: Track plants growing in your garden by writing plant…
Debate over Vitalik Buterin’s proposal to increase gas limitsThe Ethereum community is currently embroiled in controversy after co-founder Vitalik Buterin proposed increasing the gas limit by 33%. The proposal aims to improve network throughput by allowing more transactions per block, but has raised concerns among developers, node operators and users.Concerns about blockchain state size and performanceThe main issue raised by Ethereum developer Marius van der Wijden is that the size of the blockchain state that holds account balances and smart contract data could potentially increase. The current state size is approximately 267 GB and growth may be accelerated by increasing…
The whales began accumulating large amounts of PEPE. PEPE prices continued to decline due to social sentiment and lower trading volume. Interest in PEPE (PEPE), which was one of the most popular memecoins in early 2023, has waned over the past few months. However, recent whale accumulations have suggested that PEPE may be making a comeback. Whales are starting to turn to PEPE. According to data from Lookonchain, one whale transferred 2 trillion PEPE tokens worth $2.74 million to the Binance exchange. Previously, the investor purchased 2.1 trillion PEPE tokens between May 5, 2023 and September 10, 2023 using 920…
January 12th Mobile App Change Log 6.13.0 Latest updates and optimizations for the Bitfinex mobile app We are pleased with the gift Version 6.13.0 Bitfinex mobile app The latest update to the Bitfinex mobile app includes general improvements. You can also download the latest version of the Bitfinex mobile app from: Android application package (APK). Leave a review on the App Store Bitfinex Mobile User App Survey! The changes below have been suggested by our active customer base. Customers’ feedback is very valuable to us. transaction Updated to add BONK, GOMINGING and MEME tokens and update BCH and SOL token…
Prominent whistleblower Edward Snowden recently raised concerns about the impact of artificial intelligence (AI) on surveillance and public trust in institutions. In a world increasingly reliant on technology, Snowden’s warning words resonate with experts and the public alike. The erosion of public trust and the disruptive potential of AI Snowden’s warning come Against a backdrop of declining public trust in traditional institutions. He emphasizes that AI models must not only mimic human capabilities but also surpass them. These advances in AI are seen as a potential counter to the invasive surveillance tactics that Snowden famously exposed in 2013. The former…