Author: Crypto Flexs

Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Flare Network, an Ethereum Virtual Machine (EVM) layer 1 platform for blockchain interoperability, is joining Google Cloud as an infrastructure provider. This partnership marks an important milestone for Flare by bringing on board one of the world’s leading cloud computing providers. This is also the first time that Google Cloud provides infrastructure services for distributed Oracle systems. A January 22 press release stated that Google Cloud will play a dual role as an infrastructure provider for Flare. First, it…

Posted 1 minute ago In ~ Core Scientific, a Texas-based Bitcoin mining company, announced that it will resume trading and return to Nasdaq on Wednesday as a result of a reorganization effort beyond 2022. file for bankruptcy.the company said Tuesday name The restructuring plan reportedly allowed it to reduce $400 million in debt by converting debt from equipment lenders and convertible note holders into equity. Core Scientific said it could further reduce its debt through conversion of remaining convertible notes, exercise of corresponding warrants by investors, and use of available cash to repay debt.“We are ready to execute on a…

Email service provider MailerLite was the victim of a phishing attack, the company reported, targeting the cryptocurrency market. decryption On Tuesday.According to an email alert sent by the company, the attack occurred after a support team member clicked on a fraudulent link, entered Google credentials, and verified two-step authentication, which gave the hackers access to Mailerlite’s internal systems.“After gaining access, the perpetrators further tightened their unauthorized control by issuing password resets for specific users from their admin panels,” Mailerlite said. “This level of access allowed them to impersonate user accounts. “We only focused on cryptocurrency-related accounts.”Mailerlite added that the perpetrators…

Bitcoin price plunged towards the $38,500 support zone. BTC is attempting a recovery and may have trouble breaking above the $40,500 resistance. Bitcoin price extended its decline and tested the $38,500 support zone. The price is trading below $40,000 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) shows a major bearish trendline forming with resistance near $40,450. The pair may struggle to recover above the $40,000 and $40,500 resistance levels. Bitcoin price turns red Bitcoin price remained bearish below the $40,000 support zone. BTC continued its downward trend, trading below the…

Enhancing client diversity in the Ethereum infrastructureCoinbase, a leading cryptocurrency exchange, is actively addressing concerns about the dominance of its GoEthereum (Geth) client in the Ethereum ecosystem. Recognizing the community’s concerns, Coinbase is committed to diversifying the clients running Ethereum to strengthen network resiliency and security.1/ Ethereum’s execution client diversity is a key concern for all of us at Coinbase. Here’s what we’re doing about it: ↓— Coinbase Cloud 🛡️📞 (@CoinbaseCloud) January 23, 2024 Ethereum Client Strategy RevisitedInitially, Geth was the only Ethereum-running client that met Coinbase Cloud’s technical criteria for Ethereum staking. However, the overwhelming reliance on Geth, used…

Tencent, a leading Chinese technology company, recently released a detailed report on the top 10 technology trends expected to shape 2024. The report, compiled by Tencent Research Institute, provides an extensive analysis of future technological developments and their potential impacts. in various fields. Below is a comprehensive look at the key trends outlined in the report. Quantum Computing and Quantum Processor Unit (QPU): IBM marked a significant milestone in quantum computing with the unveiling of Quantum System Two in December 2023, introducing a modular architecture that can accommodate up to 10,000 qubits. These advances highlight replicability and point out a…

IntroductionIn the rapidly evolving world of blockchain and cryptocurrencies, Decentralized Finance (DeFi) has emerged as a groundbreaking movement, redefining the contours of finance, investment, and asset management. At the heart of this transformative trend are Ethereum and Solana—two blockchain platforms that have not only fueled the ascent of DeFi but have also continually pushed the boundaries of what decentralized networks can achieve.Ethereum often hailed as the pioneer, laid the foundation of the DeFi movement with its robust smart contract capabilities and an extensive, ever-growing ecosystem. Its influence on the DeFi space is undeniable, serving as the bedrock upon which a…

Ethereum price extended losses and tested the $2,150 support. ETH is struggling to recover and may continue to decline towards the $2,000 support zone. Ethereum began a new downtrend below the $2,350 and $2,250 levels. 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 bearish trendline forming with resistance near $2,240. Breaking out of the $2,240 and $2,280 levels, the pair will attempt a new increase. Losses widen due to Ethereum price Ethereum price remained in bearish territory below the $2,400 pivot level. ETH continued…

Trust Wallet launches ETH full staking service – Chainwire housenewsroomTrust Wallet launches ETH full staking service 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 network. Technical storage or access is necessary for the legitimate purpose of…

The top watchdog, which oversees brokerage firms and exchange markets, says 70% of communications about cryptocurrencies may have broken rules aimed at maintaining fairness and balance with the public. The Financial Industry Regulatory Authority (FINRA) discovered several common themes as it swept through its members, including misrepresentations that cryptocurrencies function like cash or cash equivalents. It also appears that comparing cryptocurrencies to other assets, such as stocks and misstatements, is subject to federal securities laws or FINRA rules that apply to cryptocurrencies. report It was released on Tuesday. FINRA is regulated by the Securities and Exchange Commission. sweep In November,…