Shiba Inu is bucking the recent bearish trend, especially with the growing adoption of Shibarium Layer 2 networks. This time, it’s the large holders that are driving the bullish returns. In particular, these large holders have increased net flows by more than tenfold. Shiba Inu Large Holder Netflow Jump 1079% Net flows to large Shiba Inu holders have increased significantly, according to on-chain data tracker IntoTheBlock. These large wallets have seen net flows (the total difference between inflows and outflows) increase by 1079% since December 10th.advertising In total, net flows from these large wallets reached a whopping 4.68 trillion…
Author: Crypto Flexs
Read More
Mantle Network Launches Mantle Learn with HackQuest to Onboard Web2 Developers to Web3 – Chainwire housenewsroomMantle Network Launches Mantle Learn via HackQuest to Onboard Web2 Developers to Web3 We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
OKX’s decentralized exchange (DEX) integrator appears to have suffered $2.7 million in damages, according to security analysts.The attack may have been caused by a leak of the DEX’s administrator private keys, security firm SlowMist posted on X. Shortly after, OKX confirmed that a deprecated smart contract for OKX’s DEX had been compromised and promised compensation to affected users.“We regret to inform you that a deprecated smart contract on OKX DEX has been compromised. We have taken immediate action to secure all user funds and revoke contract rights. We are working with relevant authorities to retrieve the stolen funds and will…
Aptos launched 25 million coins on December 12th. APT prices rose by almost 20% following the unlock event. The price of Aptos (APT) coins surged nearly 20% in an intraday surge after the project successfully unlocked 25 million coins on December 12. The unlock, worth more than $200 million, sparked a wave of buying that pushed APT to its highest since June. AMBCrypto discovered that the coin rose above the $9 price, hitting a high of $9.13. According to token unlock, The unlock event released 1.33 million APT coins to the Aptos Foundation, 12 million APT coins to project developers,…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.Tuesday, August 29th @ 11:36 AM The following is an interview with Brian Consolvo, Principal–Technology Risk at KPMG. He is a co-author of KPMG’s new report “Bitcoin’s role in the ESG imperative” alongside KPMG’s Director of ESG and Climate Advisory Kirk-Patrick Caron. The report is a significant milestone in mainstream Bitcoin discourse, particularly on environmental grounds, and represents a point of convergence between pro-Bitcoin environmental advocates and a wider swath of the professional world…
Looking for Ethereum. Now that The Merge is complete, a huge weight (measured in tons of CO2) has been removed from the collective conscience of the Ethereum community. And the world is watching to see what this community will do next. There is a unique opportunity in the current ecosystem to show skeptics what Ethereum can do: how it can use the underlying trust layer of the open internet to solve the big coordination problems we have yet to solve. The road to Serenity is long, and Ethereum’s impact on human institutions, society, and economic scale is still small. In…
Ethereum price is falling below the $2,250 support. ETH now risks further downside below the $2,120 support. Ethereum has had trouble starting a new rally above the $2,250 resistance level. The price is trading below $2,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major descending channel forming with resistance near $2,225. A break below the $2,120 support zone could lead the pair to continue falling. Ethereum price takes a hit Ethereum price attempted a new rise above the $2,120 and $2,150 levels. ETH rose to the $2,200 level, but bears…
Senior UK judges have published extensive advice on the appropriate use of artificial intelligence (AI) for judges and magistrates in England and Wales. This is an important step for the UK legal system. The effort to integrate artificial intelligence technologies within the legal framework while also addressing possible risks and ethical issues represents a pioneering effort. The interjurisdictional judicial body is responsible for launching guidance to courts in England and Wales, providing guidance on how to use generative artificial intelligence systems such as OpenAI’s ChatGPT in an acceptable manner. It does not specifically restrict the use of these systems to…
The UK is experiencing a much faster growth rate than all other major countries when it comes to cryptocurrencies. The UK has said it wants to become a major global cryptocurrency technology hub and first announced this in April 2022. So it would not be particularly surprising to see the UK outpacing the growth of other top cryptocurrency countries so far this year. UK growing fastest According to Altindex.com, first reported by the Cyprus-based Financial Mirror, the UK’s cryptocurrency sector “generated $1.9 billion in revenue this year.” This represents “a 137% year-on-year growth from $800 million in 2022.” . This…
Bitcoin (BTC) speculators panicked and sold as BTC price corrected to $40,000, according to the latest on-chain data.Short-term holders (STH) offloaded more than $2 billion of BTC on December 12 alone, according to figures from on-chain analytics firm Glassnode.Bitcoin Short-Term Holders Break 18-Month Sales RecordBitcoin recorded its biggest one-day decline of 2023 this week, falling a total of 8.1% at one point, according to data from Cointelegraph Markets Pro and TradingView.BTC/USD 1 week chart. Source: TradingViewIn response, the more speculative subsections of the Bitcoin investor base have followed suit, reducing their exposure in what appears to be a callous attitude…