Amid swirling cryptocurrency volatility, one user recently splurged a whopping $113,000 in gas fees to acquire new ERC-404 tokens, only to face disappointment as the value of the tokens plummeted to almost zero just 35 minutes later.an expensive gambleIn an ambitious move, the cryptocurrency enthusiast spent $113,000 in gas fees to secure $26,000 worth of freshly minted tokens. But their hopes were dashed when the value of the token soon plummeted.deal dramaTransaction records show that on February 13, one wallet address interacted with a smart contract to exchange 10 ETH for 30 No Handle (NO) tokens, which were quickly transferred…
Author: Crypto Flexs
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Market • February 13, 2024 7:28 AM EST Posted 1 minute ago In ~ Open interest in Ethereum options on the Chicago Mercantile Exchange (CME) in February has already surpassed January’s total and is expected to hit a new all-time high, according to The Block’s data dashboard.CME February Ether options open interest has reached $468 million, with nearly two weeks remaining until month-end expiration on Friday, February 23rd. Currently, Ether open interest exceeds January’s total open interest of $385. million. Open interest for February is currently just below December’s all-time high of $510 million.Cryptocurrency Trading Volume on CMECME’s Bitcoin and…
One cryptocurrency strategist believes the market is about to enter a bull market cycle similar to the parabolic rally witnessed in mid-2020, which he said will engulf seven altcoins. Pseudonym analyst The Flow Horse says 200,900 followers on social media platform The analyst said this period will be similar to the cryptocurrency’s extremely bullish price action in 2020, when Bitcoin rose from around $10,000 to $64,000 in less than a year. During the same period, the total market capitalization of altcoins (TOTAL3) surged nearly 1,000%, from approximately $73 billion to $793 billion. Called flow horse, “That’s right. We are following…
The freelancing economy has experienced rapid growth in recent years, with more people choosing the flexibility and autonomy that comes with being their own boss. However, the traditional freelancing model is often hampered by issues such as payment delays, lack of transparency, and difficulty finding trustworthy clients. This is where GigCoin comes in to revolutionize the freelance economy. What is GigCoin? GigCoin is a decentralized platform built on blockchain technology that aims to simplify the freelance economy by providing a secure and transparent system for payments and transactions. GigCoin leverages smart contracts to ensure freelancers are paid quickly and fairly…
partFew brands inspire customer loyalty like Cupertino, California’s iconic Apple. Almost every new product is released and you can see enthusiasts lining up outside the Apple Store to be the first to get their hands on it. For Apple fans who are also cryptocurrency consumers, BitPay makes it easy to purchase the latest MacBooks, iPads, AirPods, and more through direct payments, gift cards, BitPay Cards, and BitPay Bill Pay.Apple started as a computer manufacturer and grew into a multi-segment consumer electronics giant. The Cupertino company’s mobile phones, laptops and tablets are instantly recognizable around the world and boast a legion…
Watches.io raises $1.9 million in pre-seed funding to democratize the $75 billion luxury watch market – Chainwire housenewsroomWatches.io raises $1.9 million in pre-seed funding to democratize the $75 billion luxury watch market We use cookies to make your experience on Chainwire’s website better. Cookies help us give you 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…
Welcome to the first eth2 quick update of 2020! This is going to be a very interesting year. tldr; Release v0.10.0 speculation Multi-client testnet and stable target for security reviews@paulhauner and the @sigp_io team fag lighthouse constructionRestart ~ Of Prism TestnetNow includes aggregator and mainnet configurationA new proposal for fast merging of eth1+eth2 (aka Step 1.5) Release v0.10.0 For security review and multi-client testnet v0.10.0 — 404 Not Found It was released last week. read release notes As for the technical details (IETF BLS integration, simpler eth1 caching, etc.), what does this actually mean for eth2? v0.10.0 This is the…
Michael Saylor, Chairman of Microstrategy, explained why Bitcoin has become “the most popular investment asset in the world.” He said that after the launch and rebalancing of the spot Bitcoin exchange-traded fund (ETF), the cryptocurrency “found its footing and now people are starting to realize that the demand for Bitcoin is growing tenfold (…) Source: Bitcoin” mentioned. .com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full…
Ripple on Tuesday announced an agreement to acquire Standard Custody and Trust Company, a New York-based digital asset platform. The acquisition still has to go through the regulatory approval process, but once the deal is complete, Ripple will be the sole shareholder, a spokesperson told The Block. Ripple will use Standard Custody’s limited purpose trust charter and funds transfer license to strengthen its regulatory license portfolio.“What Standard Custody brings to the portfolio here is another significant set of licenses, which includes a trust license in the U.S.,” Ripple President Monica Long told The Block in an interview. “To be able…
reporter Posted on: February 14, 2024 If BNB retraces, traders targeting $340 may be liquidated. If the funding rate becomes extremely negative, the price could head towards $400. The price of Binance Coin (BNB) has joined other cryptocurrencies as the broader market continues to rise. At press time, the price of BNB was $326.93. However, if AMBCrypto’s observation is correct, traders holding long positions face liquidation risk. For those of you unfamiliar with the cryptocurrency world, liquidation occurs when a leveraged position is automatically liquidated. This may be due to the trader having insufficient margin balance. It may also be…