Justin Sun, founder of the Tron blockchain, has recently made significant headlines in the cryptocurrency world for his activities on the Binance exchange. Sun from December 18, 2023 withdrawn Binance has brought a total of $60 million worth of various cryptocurrencies to the attention of the cryptocurrency community, sparking considerable speculation about their impact on the market. The assets withdrawn include various cryptocurrencies, including 17,433 units of Ethereum (ETH) worth about $43 million, 68,999 AAVE tokens worth about $6.7 million, and 656.4 billion Shiba Inu (SHIB) tokens worth about $6.3 million. . Additionally, withdrawals included 61,249 Chainlink (LINK) tokens ($957,000),…
Author: Crypto Flexs
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Illustration by Mitchell Preffer for Decryptsince last week dramatic conclusion Following the months-long Bitcoin ETF saga, mainstream financial and political forces this week attempted to embrace the cryptocurrency ethos, for better or worse. On Wednesday, Wall Street investment firm Franklin Templeton’s digital assets team attempted to inject youthful energy into the legacy company by taking over the company’s Twitter account. A buzzing debut One of several spot Bitcoin ETFs. Not sure what you think of Laser Eye Ben? Imagine wearing a hat instead of a ben — Franklin Templeton (@FTI_US) January 17, 2024References mentioned Dog We FatThis is the Solana…
The Bitamp Bitcoin Wallet allows users to access Bitcoin wallets using seeds from a variety of major wallets, including Bitamp, Electrum, Mycelium, Trezor, Ledger, Blockchain, and more. In a strategic move to improve user convenience and accessibility, Bitamp users can now access their Bitcoin wallet using Bitamp-generated seeds. This innovation extends to users of popular wallets such as Electrum, Mycelium, Trezor, Ledger, and Blockchain, providing a unified, user-friendly experience across multiple platforms. Key Features: Interoperability: Bitamp breaks down barriers by facilitating compatibility with seeds generated from other major wallets. Users can easily import seed phrases from Electrum, Mycelium, Trezor, Ledger,…
The cryptocurrency market is not off to a good start until 2024. This has affected many altcoins and investors are confused about which cryptocurrency is best to invest in. According to the report, the market experienced a liquidation of $115 million in one hour, further reducing the total value of the market. . However, some altcoins still show a positive outlook even during these difficult times. Experts believe that it can improve the holder’s portfolio in the long run. Galaxy Fox This is one of the altcoins. New MEMCOIN presales will continue regardless of market conditions. $GFOX It recently hit…
LINK has bounced from the lowest range to the highest range over the past two weeks. Evidence of LINK accumulation indicated a bullish bias. Chainlink (LINK) has been trading within a range for the past 10 weeks. Over the past week, LINK has risen 20% from $13.8 to retest the high of $16.6. The bulls failed to force a breakout, their third attempt in six weeks. However, basic on-chain indicators are pointing to accumulation. In a recent report, AMBCrypto stated that there is a possibility of a move to $20. Evidence continued to support this claim. It’s only a matter…
September 26 Bitfinex supports Polygon zkEVM deposits and withdrawals Post time: 10:55h From media materials by admin Road Town, British Virgin Islands – September 262023 – Bitfinex (www.bitfinex.com/), a cutting-edge digital asset trading platform, today announced support for deposits and withdrawals of Tether USD (USDt)* and its bridge Tether Gold (XAUt) on Polygon. zkEVM* transport layer. Built as an Ethereum scaling solution, Polygon zkEVM uses zero-knowledge proofs to enable faster and cheaper transactions while maintaining the security of the Ethereum mainnet. This integration will allow Bitfinex customers to deposit and withdraw USDt and XAUt bridged to Polygon zkEVM. “We are…
Bitcoin’s implied volatility (IV) peaked last week with the launch of a spot ETF in the US and fell below realized volatility, according to the OTC agency. This reportedly increased call demand for the $45,000 and $46,000 strikes during North American trading hours on Thursday. Cryptocurrency trading network paradigm.
Bitcoin recently fell to a one-month low after ETF-led enthusiasm cooled. The world’s largest cryptocurrency fluctuated around $40,000 before stopping at $40,843. BTC gained 157% in value in 2023. This is mainly because the first US Bitcoin ETF fund was expected to launch on January 11th. Traders have also been betting on loose monetary policy over the past few months. However, the ETF craze led by BTC appears to have eventually subsided. The cryptocurrency is trading at $41,358, down 10.42% over the past seven days. Given its volatile nature, traders scrutinize numerous things. Bitcoin future value prediction To make better…
Ripple’s legal team rejected the U.S. Securities and Exchange Commission’s (SEC) request for additional financial documents. On January 19, the defense denied the SEC’s request, finding it untimely and unwarranted. Ripple challenges SEC demands The SEC requested Ripple’s 2022 and 2023 audited financial statements and post-event agreements related to the sale or transfer of XRP to non-employee counterparties. The regulator also requested information about the XRP institutional sales proceeds received from certain complaint contracts. But Ripple argued that the SEC’s request was “inappropriate,” emphasizing that both parties had previously agreed that post-compliance discovery was unnecessary. Moreover, the company argued that…
Could a potential attacker successfully brute force a private key if he knew the first letter of each word and the correct order of the 24-word mnemonic phrase? Or is it still considered impossible with today’s computing power?