The price of SatoshiVM (SAVM) has soared more than 100-fold since the recent token launch, generating significant profits for early investors. SAVM has been described as “BTC’s first EVM-compatible protocol with real traction.” This is a Bitcoin Layer 2 solution that leverages zero-knowledge (ZK) rollups to address the inherent limitation of blockchain networks, which are the lack of basic smart contract functionality. SAVM Token Launch Highlights The SAVM token launch began on January 18th and concluded on January 19th. According to Bounce Brand, 23,487 individuals participated in the launch, with randomly selected winners being SAVM and ILO winners claiming ETH…
Author: Crypto Flexs
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after Spot Bitcoin ETF Approved, speculation about the potential of an XRP spot ETF continues to grow in the cryptocurrency community. However, recent reports have suggested that a clear outlook for this is lacking. XRP ETF The future. In particular, Charles Gasparino, an American journalist and senior correspondent for Fox Business, stated that BlackRock has dismissed the possibility of applying for an XRP ETF. There is no outlook for the XRP ETF In a recent X (formerly Twitter) post, Gasparino said: published BlackRock, one of the world’s leading investment firms, has reportedly declared that it has “no plans” for an…
Posted 1 minute ago In ~ After six days of trading, there are now 95,000 Bitcoins held in nine authorized spot Bitcoin ETFs, bringing the value of assets under management to nearly $4 billion. Capital inflows into the nine new ETFs have outpaced outflows from the Grayscale Bitcoin Trust (GBTC), which has seen its assets under management decline by $2.8 billion, according to early figures shared by Eric Balchunas, senior ETF analyst at Bloomberg. For 6 days. Of the nine ETFs, two – Fidelity (FBTC) and BlackRock’s iShares (IBIT) – broke away from the pack, each receiving more than $1.2…
Marco Ochoa, former CEO of cryptocurrency mining company IcomTech, has been sentenced to five years in prison for his role in a Ponzi scheme. cryptocurrency. U.S. District Judge Jennifer Rochon of the Southern District of New York ordered Ochoa to forfeit $914,000, voluntarily surrender, and sentence him to 60 months in prison, beginning March 19, followed by two years of supervised release following his incarceration. Ochoa’s tenure at IcomTech from 2018 to 2019 was marked by fraudulent activity that seriously harmed investors. He pleaded guilty to conspiracy to commit wire fraud in connection with the scheme. The incident reflects a…
At the start of December, the Ethereum community bootstrapped the new beacon chain proof-of-stake consensus mechanism — the foundation of Ethereum’s long-term and sustainable home. The launch was a resounding success, and the operation of the beacon chain has proved, thus far, stable and robust. As I write these words, the beacon chain is live with more than 2.5M ETH securing its consensus. So this is the “state of eth2” today. But what’s next? What’s on the horizon, and where are we going? This post aims to provide high level context on the state of Ethereum’s eth2 upgrade — an…
The security incident occurred on January 17, 2024, Trezor said in a blog post published on January 20. Included is the third-party support ticketing portal used by Trezor. Contact details including names and email addresses for up to 66,000 users were compromised. Hardware wallet Trezor presentation A security breach in a third-party support portal may have exposed up to 66,000 users. The incident investigation and audit revealed that potentially exposed contact information was limited to email addresses and usernames/nicknames. “On 17 January 2024 at 20:20 CET, we identified unauthorized access to a third-party support portal we use. This breach occurred…
HunterCoin is a unique cryptocurrency and blockchain-based game that allows players to mine coins by playing the game. It is a game where you collect coins and avoid enemy players, providing both fun and profitability to those who participate in mining. How to start mining HunterCoin To start mining HunterCoin, you need to download the game client and set up a wallet to store your coins. After setting up your wallet, you can play games and collect coins. The more coins you collect, the more rewards you get. The Secret to Successful HunterCoin Mining Here are some tips and tricks…
Shiba Inus faced a major retracement last week. The market structure was optimistic and analysis suggests that strength is still likely to drive the recovery. Shiba Inu (SHIB) recorded losses as the cryptocurrency market faced selling pressure following changes in Bitcoin (BTC) sentiment. This change could be short-term, but it depends on whether BTC strength ensures that the price does not fall below $40,200. Canadian cryptocurrency exchange Uphold delisted SHIB and Dogecoin (DOGE). The reason cited was compliance. A recent AMBCrypto analysis highlighted areas where SHIB was trading as a buy zone at press time. Has anything changed since then?…
anonymous bitcoin whale It may have recently triggered a massive selling panic in the cryptocurrency market. According to Ali Martinez’s post on Bitcoin whale dumps 59,000 BTC. In his X post, Martinez said: presentation The fact that Bitcoin whales have started massive dumps; sell Approximately 59,000 BTC. He shared a chart showing Bitcoin spending output age bands, showing that Bitcoin whales first acquired 59,346.950 BTC in the last six months of 2023. A whopping 59,000 $BTCwas first purchased 3-6 months ago at an average price of $26,000 and has recently sold for an impressive return of 57.69%. This equates to…
Horst Jicha, the German founder of USI Tech, a cryptocurrency mining and digital asset trading platform, faces serious legal penalties in the United States. According to the DOJ’s official website, federal prosecutors in New York charged Jicha with orchestrating a scheme to defraud investors of approximately $150 million. This case highlights the ongoing risks and regulatory scrutiny in the cryptocurrency sector. Jicha, 64, was charged with several crimes, including securities fraud, money laundering and wire fraud. He was arrested on December 23, 2023, while trying to vacation in Miami. The arrest marks a significant development in a saga that has…