Author: Crypto Flexs

TeslaCoin is a relatively new cryptocurrency that is gaining traction in the digital currency world. Inspired by the vision of legendary inventor and futurist Nikola Tesla, TeslaCoin aims to revolutionize the way we think about money and finance. TeslaCoin Concept The idea behind TeslaCoin is to create a decentralized peer-to-peer digital currency that is fast, secure, and environmentally friendly. TeslaCoin uses cutting-edge blockchain technology to verify and record transactions in a transparent and tamper-proof manner. Unique Features of TeslaCoin TeslaCoin offers several unique features that set it apart from other cryptocurrencies. One of its key features is that it uses…

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Cube.Exchange, a yet-to-be-disclosed hybrid cryptocurrency trading platform, has raised $12 million in a Series A funding round. Cube said Thursday that 6th Man Ventures led the round, with participation from GSR Markets, ParaFi Digital, Susquehanna Private Equity Investments, Everstake Capital and others.The new round comes just over three months after Cube raised $9 million in seed funding. Cube CEO Bartosz Lipinski, a former Solana engineer, said the company has not actively raised funds but has responded to “significant interest” from investors. “We closed the entire round in less than a month,” Lipinski told The Block, referring to the period since…

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The plaintiffs, who also sued Iran and Syria, accuse the cryptocurrency exchange of facilitating the financing of Hamas, which has been classified as a terrorist group by the United States, the United Kingdom, other jurisdictions, and other terrorist organizations, from 2017 to 2023. “It is a secret fundraising tool that Binance intentionally hid from U.S. regulators.”

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Russian Central Bank Governor Elvira Nabiullina said the Russian central bank was discussing the possibility of using a central bank digital currency as a means of payment for foreign trade. While Nabiullina is opposed to Russia using cryptocurrency payments in domestic transactions, she is open to the idea of ​​using cryptocurrencies in foreign trade, she said.advertising Russia Supports Cryptocurrency Use in Foreign Trade Bank of Russia Governor Elvira Nabiullina said the Russian central bank is discussing the possibility of using central bank digital currency (CBDC) and cryptocurrencies for cross-border payments with friendly countries. Nabi Ulina, known for successfully running the…

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The update mentioned that opBNB, BSC, and Greenfield will be interconnected. Although development activity on the chain has decreased, BNB Chain plans to attract more developers. Smart contract blockchain ecosystem BNB Chain has revealed details about its 2024 roadmap, AMBCrypto has confirmed. According to a blog post dated January 31st, they want to create a “One BNB” paradigm. BNB Chain explained that this paradigm will be geared towards creating a multi-chain framework. According to details in the post, the framework connects Binance Smart Chain (BSC), L2, opBNB, and greenfield layers. Greenfield is the decentralized storage arm of the BNB Chain.…

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The non-fungible token market recorded positive growth today after a cryptocurrency investor purchased a collection of cryptocurrency NFTs for over $1.5 million. This massive sale resulted in a 14% increase in the global non-fungible token market compared to the previous day. Punk #5363 NFT sells for $1.5 million Data recorded by on-chain data aggregator Cryptoslam.io confirms that the CryptoPunks #5363 NFT collection has been sold on the secondary market. The massive sell-off caused a surge in the global NFT market, bucking the recent short-term NFT market downward trend. Launched in June 2017, CryptoPunks is a collection of non-fungible tokens that…

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Binance today announced the launch of the “Binance Inscription Marketplace,” where users can buy, sell, and mint. inscription token.In a statement shared with The Block, Binance said the new platform will be hosted within a self-custodial cryptocurrency wallet on its app, allowing users to trade or mint BRC-20 tokens, EVM tokens, and other inscription tokens.“Our platform not only supports crypto trading, but also facilitates the issuance of BRC-20 and EVM tokens, lowering transaction costs,” a Binance spokesperson told The Block. “With recent significant milestones, including the BRC-20 token ORDI reaching a market cap of $1 billion and over 200 million…

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Ethereum has recently been making new attempts to recover. Here’s what on-chain data suggests as to whether this practice is sustainable: Both Ethereum network growth and utility have risen recently. According to data from on-chain analytics firm st tly, the ETH blockchain has recently shown encouraging trends in daily active addresses and network growth. These two metrics are used to track the usefulness and growth of the chain. The first of these, “Daily Active Addresses,” measures the number of unique addresses that engage in some kind of transactional activity on the blockchain each day. This number of unique addresses can…

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Bitcoin price struggled to clear resistance at $43,750. BTC is currently declining and a move below the $41,800 level could result in more losses. Bitcoin price is slowly falling from the $43,750 resistance zone. The price is trading below $42,800 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the connecting bullish trendline with support around $42,500. A close below the $41,800 level could lead the pair to continue falling. Bitcoin price begins another decline Bitcoin price attempted to rise further above the $42,500 resistance zone.…

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