A mysterious cryptocurrency whale or entity appears to have gobbled up a massive amount of the native assets of decentralized oracle network Chainlink (LINK), according to blockchain tracking firm Lookonchain. Look on chain note Over two days, a total of 47 new wallets withdrew 2,237,504 LINK worth $42.38 million from Binance, the leading cryptocurrency exchange. Source: Lookonchain/X LINK is trading at $18.21 at the time of this writing. The 13th-largest cryptocurrency asset by market capitalization is down more than 5% in the last 24 hours, but is up nearly 15% in the past week and more than 39% in the…
Author: Crypto Flexs
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The Federal Reserve has ended enforcement actions against Farmington State Bank, which was linked to bankrupt cryptocurrency exchange FTX, meaning the bank has been taken out of operations and has stepped up efforts to protect depositors. The U.S. Federal Reserve announced it was ending enforcement actions against Farmington State Bank, a financial institution previously implicated in the now-defunct cryptocurrency exchange FTX. The move comes after the bank effectively ceased operations and stepped away from its role as a banking institution to protect the interests of depositors. Farmington State Bank, which operated under the name Moonstone Bank before joining FTX’s trading…
The SEC has extended the review period for Invesco and Galaxy Digital’s Ether ETF, potentially by up to 240 days, allowing for public comment. The U.S. Securities and Exchange Commission (SEC) recently decided to postpone its judgment on Invesco and exchange-traded funds (ETFs). galaxy digital Spot Ether (ETH) currency offered. During this delay, the Securities and Exchange Commission (SEC) will conduct a comprehensive evaluation of the feasibility of listing and trading the exchange-traded fund (ETF) on the Cboe BZX exchange. The U.S. Securities and Exchange Commission (SEC) extended the final decision period by another 35 days to allow the public…
The Updated Stateless Ethereum Tech Tree Apologies for the delay in releasing this post; there have been some unavoidable distractions in my life recently, as I’m sure there have been in yours. I hope that you are making the best of your circumstances, whatever they may be, and implore you to turn your empathy up to eleven for the next few months, and to help your community’s at-risk people in whatever capacity you can :pray:. With that said, let’s talk about Stateless Ethereum, and the changes to the Tech Tree! Graphically, the tree has been completely re-worked, but if you…
Cryptocurrency markets are currently buzzing with anticipation as the Bitcoin (BTC) bull market is off to a strong start in the last week of January following last week’s bullish hammer candlestick pattern. This momentum is not limited to BTC. The altcoin market is also preparing for a significant rebound. Bitcoin’s initial price fluctuations due to increased trading volume in spot ETFs were absorbed, setting the stage for a period of consolidation. Moreover, the ETH/BTC pair is on the verge of a historic price reversal, suggesting that altcoin speculation is imminent. The increase in stablecoin supply, led by Tether’s USDT and…
People • February 7, 2024 10:19 AM EST Posted 1 minute ago In ~ Bitcoin miner Hut 8 has appointed president and board member Asher Genoot as CEO. Genoot replaces Jaime Leverton, who has left the company effective immediately.Genoot previously served as COO and President of US Bitcoin Corp (USBTC), which completed its merger of equals with Hut 8 in November. He became president of Hut 8 in December.Following the merger, Hut 8’s board of directors decided that the time was right to set a new strategic direction and that a leadership change at the Nasdaq-listed company was appropriate, according…
Altcoin Space ID (ID) has surged 80% in value in a matter of hours, captivating traders and analysts alike. The community is closely watching Space ID developments with questions about the sustainability of this altcoin surge. Why the price of this altcoin soared The notable price rise coincides with Upbit, Korea’s largest cryptocurrency exchange, announcing the introduction of ID’s won trading pair. ID’s surge in value also highlighted DWF Labs’ role in the market. According to SpotOnChain, the company has conducted major transactions with ID tokens. This includes withdrawing 3.62 million IDs worth approximately $1.73 million from OKX. They then…
February 6th Bitfinex Lists GMMT, Giant Mammoth Chain’s Native Token Post time: 11:40h From media materials by admin Road Town, British Virgin Islands – February 6, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced the listing of GMMT, the native token of Giant Mammoth Chain, a layer 1 blockchain designed to provide advanced scalability and blockchain interoperability. . , multi-chain infrastructure capabilities. Giant Mammoth is a global Web3 lifestyle service platform based on its own mainnet, Giant Mammoth Chain. Giant Mammoth aims to provide a variety of services with transparent transactions on the blockchain by combining…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. dYdX has been trending since the launch of liquid staking. This feature incentivizes investors to stake in the dYdX chain and receive rewards. Meanwhile, more than $8.6 million was raised in the Incubeta (QUBE) presale. The platform aims to make AI investing accessible to more investors. InQubeta presale raises over $8.6 million Investment in artificial intelligence has grown significantly in recent years, with more than $1.5 trillion expected to be spent on the technology over the next few years.…
Cloud storage has become an essential part of modern computing. The industry is constantly evolving as the demand for scalable, secure, and reliable storage solutions grows. One of the innovations that will revolutionize the cloud storage industry is StorjCoin. In this article, we will look at the future of cloud storage and how StorjCoin is at the forefront of this revolution. Why StorjCoin is revolutionizing the industry StorjCoin is a decentralized cloud storage platform that leverages the power of blockchain technology to provide secure and efficient storage solutions. Unlike traditional cloud storage providers, StorjCoin utilizes a network of nodes to…