reporter Posted on: November 24, 2023 The number of daily transactions on Phantom recently hit an all-time high. However, demand for FTM continues to plummet. Phantom Network (FTM) recently saw a surge in activity on November 22nd with the launch of the Phantom Inscription FRC-20 protocol on the blockchain. The popularity of the protocol led to a record 2.94 million transactions on the network, a significant increase over the typical daily number of transactions. This surge in activity also caused gas fees to surge, reaching a high of 11,000 GWEI during the intraday trading session before the correction. At press…
Author: Crypto Flexs
Read More
When combined with Bitcoin, digital certificates on the blockchain contribute to the security of financial transactions in the digital realm through several key mechanisms. First, digital certificates serve as cryptographic tools that verify the authenticity of participants in a transaction. Blockchain, a decentralized and tamper-resistant ledger, ensures that these certificates are securely stored and cannot be altered, providing a trusted means of verifying the identity of parties engaging in financial activity. Second, Bitcoin’s integration leverages its decentralized nature and consensus mechanism to enhance the security of transactions. Using Bitcoin for financial transactions on the blockchain adds an additional layer of…
Dubai will host the third edition of Crypto Fight Night (CFN), a competition combining cryptocurrency and boxing hosted by the WBC Crypto World Championship. The event will feature cryptocurrency experts in the ring in what organizers call one of the biggest sporting events in the cryptocurrency industry. Wake up to the day of battle! ⏰ #CFN3 It has finally arrived! 🙌After months of hard work, it all came crashing down tonight! 🔥1️⃣6️⃣ Fight 🥊 5️⃣ Title🏆 #️⃣ #CFN3 📅Friday, November 24th🏟️ Yume Theater🎟️Tickets are sold out.📺 Live https://t.co/HIYQRj1gm8 | Fit TV📍 Dubai, United Arab Emirates pic.twitter.com/YRQlXCJYPW— Crypto Fight Night (@CryptoFightWeek)…
It’s never a boring day in cryptocurrency. Not long after SBF received the compensation it deserved, the U.S. government today settled the largest cryptocurrency lawsuit in history. Changpeng “CZ” Zhao stepped down as CEO of Binance as part of a $4 billion settlement between the U.S. agency and the cryptocurrency exchange he founded. The end of CZ The announcement Tuesday by Zhao and several regulators caps a years-long investigation into anti-money laundering violations and sanctions violations by the Justice Department and others. At X, CZ announced its resignation and appointment of Richard Teng as its new CEO. Click on the…
index Crypto analyst Dan Gambardello recently made headlines for his bullish Cardano price prediction. Analysts have predicted that Cardano will surge to $11 during the next cryptocurrency bull market. Besides Cardano, analysts are also bullish on Ripple and Everlodge. join Everodge Pre-sale and win a luxury Maldives holiday Cardano (ADA) We’ll go to 11, Dan said. Gambardello cryptocurrency analyst and Gambardello predicted Cardano (ADA) could reach $11 in the upcoming bull cycle. This increase would push Cardano’s market cap to over $400 billion. Gambardello pointed out that Cardano’s ADA is one cycle behind Ethereum. According to him, the Cardano cryptocurrency…
X (formerly Twitter) restricted the account of former Binance CEO Changpeng ‘CZ’ Zhao. The Binance founder resigned Tuesday after pleading guilty to DOJ charges. Binance founder and former CEO Changpeng ‘CZ’ Zhao’s X account has been restricted. It’s unclear why the former Binance CEO’s X (formerly Twitter) is being restricted, but the move comes as a surprise to many. On Thursday, U.S. prosecutors wanted to block CZ from leaving the U.S. for the UAE, claiming he was a flight risk. This after he pleaded guilty to money laundering charges and was released on $175 million bail. Binance will also pay…
Disgraced FTX founder Sam Bankman-Fried (SBF) reportedly gave a prison guard a cryptocurrency tip while awaiting sentencing in his fraud trial. Moreover, another source said that he was using fish as currency even for simple objects like fish. SBF having to adapt to prison lifestyle According to recent reports, SBF has adopted the fish, mackerel, as a form of currency, creating a new commodity similar to cigarettes within the prison environment. Additionally, according to one source, SBF is providing cryptocurrency tips to prison guards. Additionally, SBF was reportedly receiving a “desired dose of Adderall,” a medication used to treat ADHD.…
My name is Kevin and I am a professional cryptocurrency macro trader at Platinum Crypto Academy. Through many years of trading, I have seen the cryptocurrency market evolve dramatically. Currently, we are in what I like to call the ‘crypto spring’ – a phase of rapid growth, significant volatility, and enormous potential. Let me take you through my journey and thoughts as we navigate these exciting yet challenging times. Explore the Golden Age of Cryptocurrency Trading To me, the current market situation is more than just an opportunity. This is the golden age of cryptocurrency trading. It’s not just about…
Strategic Partnership Revealed: Floki and TokenFi Collaborate with Legends League Cricket Titans, Manipal Tigers and Bhilwara Kings In a groundbreaking move that will resonate across the global cricket landscape, Floki and TokenFi have announced a strategic partnership with two iconic Legends League Cricket teams, Manipal Tigers and Bhilwara Kings. This strategic marketing partnership represents a joint effort to unleash the power of the Floki and TokenFi brands on a massive stage of over 700 million cricket enthusiasts globally. As part of the comprehensive marketing campaign, Floki will take center stage as the Manipal Tigers’ back-of-shirt sponsor and primary forearm sponsor,…
Over $6.51 billion worth of Bitcoin and Ethereum options are scheduled to expire on November 24, indicating that trading activity is likely to pick up. A number of Bitcoin (BTC) and Ethereum (ETH) options are scheduled to expire on November 24, which could potentially impact market dynamics. This follows the US DOJ’s recent criminal charges against Binance and a hefty $4.3 billion fine. In particular, approximately 108,000 BTC options are approaching expiration. The put-call ratio for these options is 0.83, indicating a slightly higher propensity for call options (betting on price increases) than puts (betting on prices falling). The ‘biggest…