George Town, Cayman Islands, February 4, 2024, Chainwire The VGX Foundation, a Cayman Islands-based foundation company, today announced that it is collaborating with Gala Games to integrate VGX, a token previously used by now-defunct cryptocurrency brokerage Voyager Digital, into VGX-only gaming titles. This integration will be the basis for reward tokens used to earn in-game items and unlock engagement opportunities. Following the 2022 collapse and subsequent bankruptcy filing and Voyager Digital’s liquidation in January 2023, the company’s assets were sold or liquidated. Although the VGX Foundation has not acquired any VGX tokens, there are currently over 278 million VGX tokens…
Author: Crypto Flexs
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According to the U.S. Department of Justice, two high-ranking officials from the Paterson Unified School District in New Jersey have been indicted on charges of operating a cryptocurrency mining farm on school grounds. abuse of power, public resources Deputy Superintendent Jeffrey Menge and IT Director Eric Drabert were accused of utilizing school property and electricity to mine cryptocurrency for personal gain. The Justice Department alleges that the use of advanced graphics cards and other local resources potentially significantly increased electricity costs. This raises serious concerns about the conduct of civil servants and the potential for abuse of their positions. The…
Special thanks to Sacha Yves Saint-Leger and Danny Ryan for their reviews. At the core of all proof-of-stake systems is a signature scheme. The signature is used to verify the identity of each validator and is therefore attributed to both good and bad behavior. Verifiers can verify honesty by looking at the signed messages, and can prove malice by marking messages that violate consensus rules. In fact, in eth2, the identity of the validator is is Their public key. Specifically, each validator has two sets of keys: a signing key and a withdrawal key. signing key all signing key This…
Binance, a leading cryptocurrency exchange, froze $4.2 million worth of XRP tokens in connection with the theft of over $112 million from Ripple co-founder Chris Larsen this week. Binance has pledged ongoing support to track down the missing funds, although this is only a small fraction of the amount misused. TLDR Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP tokens linked to the $120 million hack of Ripple co-founder Chris Larsen’s personal wallet. Binance is working with Ripple to monitor external wallets that still hold most of the stolen funds in case more funds are deposited into Binance.…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Traditional investment advisors often express concerns about high volatility when investing in cryptocurrencies. While XRP and Dogecoin (DOGE) often suffer from this, investors can diversify their portfolios with Kelexo (KLXO). Dogecoin and XRP under pressure Dogecoin has been on a downward trend over the past year. Meme coins like Dogecoin may be fun and trendy, but they have no substance. Elon Musk’s support for DOGE pumping prices. He has been less vocal in recent days, reducing his gains. Meanwhile,…
People • February 4, 2024, 9:11 PM EST Posted 1 minute ago In ~ El Salvador’s Bitcoin-supporting President Nayib Bukele declared victory in the 2024 presidential election on Sunday before the electoral commission announced the results.“According to our figures, we won the presidential election with more than 85% of the vote and at least 58 of the 60 members of the House of Representatives,” Bukele said. said X. CID Gallup exit poll data also showed 87% voted for him. If the official vote confirms Bukele’s victory, he will serve as president until 2029. Bukele, whose approval ratings have risen after…
One closely watched cryptocurrency strategist believes that the altcoin market will see a strong rally in the coming weeks. Household analyst Rekt Capital told his 394,800 followers on social media platform said. Provider Chainlink (LINK). With both SOL and LINK witnessing a rally over the past few days, Rekt Capital said the altcoin market may be gearing up to repeat last quarter’s strong performance. “Both SOL and LINK started their first altcoin rallies a few months ago. They were the best performers in the altcoin hype cycle in Q4 2023. Both SOL and LINK are showing upward trends. We are…
Bitcoin, the largest cryptocurrency asset, is currently at a standstill in the eyes of many investors considering current market factors. The cryptocurrency has traded between $41,000 and $45,500 for most of last week after recovering from a brief dip below $40,000 on January 23. Although the price action was not very impressive, on-chain data showed that large holders were adding more money to their wallets, pushing the total number of wallets to a 15-month high. At the same time, holding patterns indicate that smaller whales are adding to their holdings to join the next round of retainers. large holder accumulation…
With the rise of cryptocurrencies in recent years, many new coins have hit the market, each with their own unique features and benefits. One of the coins that is making waves in the cryptocurrency community is X11 Coin. This innovative cryptocurrency has the potential to revolutionize the way we think about digital assets and has the potential to become a major player in the future of cryptocurrencies. Origin of X11 Coin X11 Coin was created in 2014 by developer Evan Duffield as a response to the limitations of existing cryptocurrencies. Duffield wanted to create digital assets that were scalable, secure,…
airdrop season It’s in full swingApps, protocols, and other projects are picking up on the signs of an impending bear market and finally abandoning their tokens, potentially rewarding millions of cryptocurrency users in the process.What exactly is it? airdrop, but? For cryptocurrency tokens, airdrops are typically a way for a project to reward early users and contributors by giving them a portion of newly released tokens, while also disseminating the tokens widely for decentralized governance.There are going to be some pretty attractive airdrops in the coming months involving blockchain networks and tokens geared specifically for gaming. Here’s what’s next for…