The Bitfinex hack attempt sparked negative sentiment towards XRP. Ripple CEO attends World Economic Forum to boost industry confidence and advocate for growth The recent attempted attack on Bitfinex has left many traders speculating whether this will have an impact on Ripple (XRP). Hackers misused the XRP Ledger’s functionality to exploit the exchange and attempted to transfer billions of dollars worth of tokens. The aftermath of these attacks raised concerns among traders about the potential impact on XRP, leading to a surge in negative sentiment and FUD towards the cryptocurrency. XRP faces challenges 📊 After trying (and failing) @bitfinex There…
Author: Crypto Flexs
join us telegram A channel to stay up to date on breaking news coverage Pro-crypto U.S. presidential candidate Vivek Ramaswamy has pledged to fire most of the Securities and Exchange Commission (SEC) if elected president. stopped His campaign for Republican leadership after finishing fourth in Iowa. Ramaswamy thanked his supporters in his concession speech. He also supported former President Donald Trump, saying, “I will attend a rally in New Hampshire with Donald Trump and explain what I see and what we see for the future of the country.” Vivek Ramaswamy attacks the SEC Ramaswamy has been an active advocate for…
Long-Term Bitcoin Holding Strategy: Blackrock’s Acquisition of 11,000 Bitcoins and Market Impact Analysis | Joshua Moroles | dark side | January 2024BlackRock, a global investment giant, purchased 11,000 bitcoins through over-the-counter (OTC) transactions and plans to hold them for the long term. This strategy represents belief in the long-term value of Bitcoin and its potential to increase in value. OTC trading allows you to make large purchases without immediate price fluctuations. Blackrock’s strategy could remove a significant amount from Bitcoin’s circulating supply, creating scarcity and potentially driving up the price. The move also signals growing confidence in Bitcoin among institutional…
Emeralds are one of the most coveted gemstones, known for their stunning green color and unparalleled beauty. But the origins of this fascinating stone have long been shrouded in mystery. Where do emeralds come from? How are they formed? This is a question that has puzzled gemologists and historians for centuries. formation of emeralds Emerald is a variety of the mineral beryl, a silicate of aluminum and beryllium. The green color of emeralds is caused by the presence of chromium and vanadium. These gemstones form deep in the Earth’s crust, where high pressures and temperatures crystallize beryl and trap impurities…
A report by the United Nations Office on Drugs and Crime (UNODC) published in January 2024 titled “Casinos, Money Laundering, Underground Finance and Transnational Organized Crime in East and Southeast Asia: Hidden and Accelerating Threats” reveals a complex and worrying situation. . This is especially the case regarding the misuse of cryptocurrencies and technological innovations in the illicit economies of East and Southeast Asia. important discoveries Changes in organized crime: Transnational organized crime has developed significantly in Southeast Asia, particularly with the increase in cross-border trafficking of synthetic drugs and other goods. Organized crime groups have embraced technology and revolutionized…
At the peak of the 2021 bull market, when the price of Bitcoin rose above $60,000, the company was the largest publicly traded Bitcoin miner by computing power or hash rate, operating 143,000 mining rigs. However, by the time Core Scientific filed for Chapter 11 on December 21, 2022, the price of Bitcoin had fallen to around $16,000.
Ubisoft, the creator of Assassin’s Creed, is supporting the Wemix Network, a cryptocurrency gaming network. It is supported by 39 additional Nodal Council partners. Wemix Network disclosed the above information. This development comes in the wake of the upcoming network Wemix 3.0. This is an EVM blockchain compatible with Ethereum. Now Ubisoft is tasked with validating the blockchain. The Gamemaker is the 26th Wonder out of 40 Wonders. Wemix Network has not yet announced additional node council partners. What makes Wemix an ideal candidate for Ubisoft is its combination of proof-of-stake and proof-of-stake. It is a distributed proof-of-authority mechanism. Known…
PVP, the pioneering gaming ecosystem poised to revolutionize the gaming industry, is pleased to provide an exciting update on its upcoming investment round. With the PvP token launch just around the corner, PvP is making waves by offering investors an exclusive opportunity to participate in a private pre-sale token round. PRE-SALE DETAILS: Act fast to secure your spot! Only 33% of the pre-sale quota remains, and investors can enjoy an incredible discount of 76% compared to the listing price. However, this proposal is time sensitive. This is because all remaining allocations will be converted to a 60% discount after the…
Arthur Hayes, founder of cryptocurrency exchange BitMEX, explored the complex relationship between traditional finance (TradFi) and the burgeoning cryptocurrency sector, particularly Bitcoin, in a recent essay titled “ETF Wif Hat.” Hayes draws parallels between the current financial strategies and historical practices of global elites to suggest ongoing patterns that preserve existing financial structures. How the Shadow Elite Wants to Control Bitcoin Hayes begins by comparing elite efforts to maintain global financial health with the enormous costs incurred in the final moments of life in health care. He argues that the existing financial order, called ‘Pax Americana’, has fallen into crisis…
Posted 1 minute ago In ~ Wash trading volume on the Ethereum-based NFT marketplace is at its lowest level since May 2022, according to The Block Pro’s data dashboard. NFT wash trading volume on the Ethereum marketplace hit 1.8% on January 9 and January 13. This compares to 36.2% of volume on January 1, 2023, and is also the lowest since the 0.35% rate on May 1. 2022. The percentage represents the portion of total USD trading volume that is associated with wash trading, a type of market manipulation in which individuals trade an asset to artificially increase its price…