Crypto analyst and trader Ali Martinez said the leading Ethereum (ETH)-based decentralized exchange could see a significant upside. Martinez says 33,200 followers on social media platform Descending triangles are generally considered a bearish continuation pattern. According to Martinez, if Uniswap prints a “sustainable close” above the $5.70 price, UNI could soar to $10, up about 62% from its current price. Source: Ali Martinez/X Uniswap is trading at $6.18 at the time of this writing. Convert to Polygon (MATIC), Martinez Called If Ethereum scaling solutions fail to cross a critical price level, we could witness a sell-off. “MATIC fell below the…
Author: Crypto Flexs
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One of the biggest names in the cryptocurrency industry says Bitcoin (BTC) buyers should take advantage of the opportunity to add to their stack for under $40,000.in post On November 24th, PlanB, creator of the Stock-to-Flow suite of BTC pricing models onPlanB: Time is ticking against $40,000 resistancePlanB believes that Bitcoin will rise significantly higher than its recent 18-month highs and that the time to increase BTC exposure below $40,000 is approaching.PlanB, known for its bullish view on long-term BTC price growth, used realized price data to support its bull argument.The realized price is Bitcoin’s realized limit (the total price…
Recent events surrounding the Atomicals Market (AM) have become a matter of significant concern to the Atomicals community, especially after serious security breaches occurred on two of its trading markets. The breach resulted in a hacker attack, significant loss to users, and sparked discussion and calls for action within the community. Shep.eth, an early participant and active community member, took the lead. address Please contact the AM team directly regarding these issues. In a detailed letter to the community, shep.eth detailed the unfortunate security incident that occurred on Atomicals’ trading marketplace. Although the details of the attack have already been…
UK-approved funds can now develop and implement tokenization models. The approval comes after the Government Asset Management Taskforce’s Technical Working Group published a report on UK fund tokenization. The UK Treasury and the Financial Conduct Authority (FCA) collaborated on the scheme. UK investment funds have received approval to develop tokenization following the establishment of a government task force on asset management earlier this year. The announcement follows the release of a report on tokenization by the Government Asset Management Task Force’s Technical Working Group, the Investment Association said in a press release. According to the industry, ‘Tokenizing UK Funds –…
KyberSwap hackers have shown willingness to negotiate after exploiting the decentralized exchange for approximately $45 million, according to on-chain messages.The attackers publicly messaged KyberSwap, saying negotiations would begin soon after a suitable “rest”.“Dear Kyberswap developers, staff, DAO members and LPs, Negotiations will begin in a few hours after I have fully rested. thank you.”hackingKyber Network confirmed in a statement on November 23 that its flagship decentralized exchange product, KyberSwap, had been abused for an undisclosed amount.“As a precautionary measure, we strongly advise all users to withdraw their funds immediately. Our team is diligently investigating the situation and is committed to…
PancakeSwap, a multi-chain decentralized exchange (DEX), proposed launching voting escrow CAKE (veCAKE) and voting gauge in recent days, with over 90% of votes in favor of launching the protocol. This initiative is designed to empower CAKE token holders through improved governance leverage, replenish rewards for all stakeholders, and increase liquidity in platform pools. Over the past 30 days, CAKE has been predicting an uptrend of almost 100%. CAKE tokens can be locked up for up to 4 years by users to earn veCAKE. This model has been pioneered by veCRV’s Curve since 2020 and has been adopted by many DeFI…
A secure multi-signature wallet is one of the key items in the Ethereum ecosystem. It’s evolving, but it’s different from 2017. it develops It goes from a relatively simple signature verification to a flexible, modular system. After auditing Safe version 1.4.0, we realized the importance of Safe in the Ethereum ecosystem and decided to continue researching it. We’ve collected some tips and potential pitfalls to help safe users and developers build projects around them. Here are our findings for some valuable resources for those who decide to study further: Alternative handler msg.sender use msg.sender This is very common in smart…
join us telegram A channel to stay up to date on breaking news coverage Blast, the Ethereum Layer 2 blockchain network of the Blur non-fungible token marketplace, continues to attract tremendous interest among cryptocurrency investors and NFT collectors. The blockchain network has secured over $400 million in liquidity in less than a week since its launch. Blast Layer 2 Network ‘L2’, Massive Adoption Over the past four days, $402 million has been connected to the new Ethereum Layer 2 network, according to data collected by Dune Analytics, an on-chain market data aggregator. Blur’s new layer 2 network has seen millions…
A UK investment fund has received approval for tokenization as the UK government is keen to leverage blockchain technology in the asset management industry, according to The Investment Association.Fund tokenization has the potential to improve the efficiency, transparency and international competitiveness of the investment management sector, the investment association said in a statement.Working with the UK Treasury, the Financial Conduct Authority (FCA) and investment managers such as BlackRock, the initial steps were announced today as part of the Technical Working Group of the Government Asset Management Taskforce Roadmap. The report “UK Fund Tokenization – A Blueprint for Implementation” outlines a…
Bitcoin (BTC), InQubeta (QUBE), and Injective (INJ) are some of the best cryptocurrencies you can invest in right now. The king of cryptocurrencies, BTC, is officially back, with its price surpassing $37,000 for the first time in nearly two years. The price has risen 31% in the past month and is likely to reach $50,000 before the end of 2023. Top DeFi projects InQubeta and Injective enjoyed price surges of 130% and 113%, respectively. InQubeta provides access to artificial intelligence (AI) investing using decentralized finance, while Injective offers a wide range of decentralized finance tools, from spot exchanges to lending…