PancakeSwap presented a proposal to reduce the maximum supply of native CAKE tokens from 750 million to 450 million. One of the unique aspects of the cryptocurrency industry is the fact that many major projects operate as decentralized autonomous organizations (DAOs). This allows users to have a say and have their voices heard in the decisions these organizations make. A recent example of this was PancakeSwap, a decentralized cryptocurrency exchange. The DEX recently put forward a proposal to reduce the supply of the popular CAKE token by 300 million units. It was a huge success with the community and was…
Author: Crypto Flexs
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Security • December 28, 2023 4:58 AM EST Posted 1 minute ago In ~ Levana, a perpetual swap protocol on the Osmosis blockchain, fell victim to an exploit, resulting in a loss of over $1.1 million from its liquidity pool.According to an after-action report provided by the team, the exploit occurred over a period of 13 days. Between December 13 and December 26, the attackers drained 10% of Levana’s liquidity pool.Attackers used a congestion attack on the Osmosis chain to disrupt the ability of Levana users to interact with the marketplace. This was further exacerbated by a bug in Osmosis’…
Bitzlato halted Bitcoin withdrawals amid legal chaos and co-founder’s guilty plea. Bitzlato experienced a seizure over partial restoration due to DOJ’s claims. Memeinator’s MMTR presale has raised over $2.57 million as Phase 10 nears its end. Shockingly, cryptocurrency exchange Bitzlato has temporarily suspended all Bitcoin withdrawals following its co-founder’s guilty plea and subsequent decision to disband the platform. As the legal battle unfolds, users face uncertainty about the fate of their assets. Meanwhile, in the cryptocurrency space, Memeinator is offering potential alternative investment opportunities through its ongoing MMTR pre-sale, which aims to redefine the Meme Coin market. Bitzlato’s mess: co-founder’s…
As Ethereum continues to evolve, it will reach the peak of significant growth in 2024. CryptosRU analyze, is optimistic about the future of Ethereum, especially with the expected Dencun upgrade. This upgrade is expected to be a game-changer for the Ethereum ecosystem, driving exponential growth through various technological improvements. Dencun Upgrade Details The Dencun upgrade, scheduled for early 2024, represents a pivotal step in Ethereum’s development. Originally planned for late 2023, the launch was moved to 2024 to resolve complex engineering aspects. The upgrade will begin with the Goerli testnet, with the first testnet deployment scheduled for January. This represents…
reporter Posted on: December 28, 2023 Worldcoin is launched in Singapore. WLD has seen demand decline after hitting an all-time high 10 days ago. Worldcoin (WLD), a cryptocurrency project co-founded by OpenAI CEO Sam Altman, has launched in Singapore. name December 27th. This launch comes six days after the launch of Worldcoin. stopped Eye scans are being carried out in India, Brazil and France. Global ID authentication begins in Singapore 🫡https://t.co/H71mO2d8gn — World Coin (@worldcoin) December 27, 2023 According to the blog post, the project’s expansion into Worldcoin indicates increasing adoption of the proof-of-private concept and increasing general acceptance of…
October 18th Bitfinex Securities Expands Investor Access to Accredited Assets Posted at 15:47h From media materials Posted by Elodie Jallet Astana, Kazakhstan, October 18, 2023 – Bitfinex Securities Ltd, a provider of security token listing and trading services, is pleased to announce that it is expanding access to accredited investments for a wider range of investors. Traditionally, certification-only investing has been limited to corporate or individual investors who can invest at least $100,000 in a specific asset. However, Bitfinex Securities has obtained regulatory approval to redefine the scope of accredited investors and expand it to include individuals who qualify as…
South Korea plans to enact new legislation that would require about 5,800 senior government officials to disclose their holdings of cryptocurrency and other assets. This new trend has emerged in the wake of several legislative initiatives aimed at increasing openness and minimizing concerns about conflicts of interest in the public sector. The government announced through the Ministry of Human Resources that it will include Bitcoin holdings in the annual asset statements required from elected politicians and high-ranking public officials. The comprehensive portal created for the registration and evaluation of property declarations made by public officials is a component of the…
In a detailed blog post dated December 27, Ethereum founder Vitalik Buterin outlined significant changes in Ethereum’s approach to proof-of-stake (PoS) verification following the Shanghai upgrade.Ethereum currently supports many validators, enabling a broad base of individual and group participation, with approximately 895,000 validator entities. This is a key feature of Ethereum’s decentralized structure.However, this model suffers from technical challenges, especially handling huge numbers of signatures. Today, approximately 28,000 signatures are needed to verify a block. This number is expected to reach 1.79 million after Sharding and Staking Finality (SSF).The technological sacrifices to support such loads are significant. These include complex…
Starbucks Korea is making progress in environmental protection and customer service. The latest follows the brand’s announcement in Korea that it will reward customers who bring reusable containers for their orders. Consumers are encouraged to bring their own cup in exchange for a reward. On X, Twitter, Polygon Labs, and Sandeep Nailwal have all previously confirmed development. Starbucks Korea has confirmed that customers can earn an eco-stamp every time they use their personal cup. Accumulated Eco Stamps are deposited into the user’s Starbucks application wallet and can be used to purchase NFT (Non-Fungible Token). NFTs are classified into Basic, Creative,…
Chainlink (LINK) price today ended a six-week consolidation by hitting a yearly high of $17.68. Despite the high numbers, LINK is still trading within its long-term horizontal resistance zone. Will it explode before the end of the year? Chainlink Hits Annual High LINK price has risen since falling to a June low of $4.90. Initially, LINK failed to break away from the long-term descending resistance trend line (red icon). But last September, we finally succeeded in going beyond that. This rise led to a peak of $16.58 in November, but has slowed since then. After six weeks of consolidation, LINK…