Binance’s announcement on January 8, 2024 marked a significant change in its blockchain strategy with BNB Chain Fusion. The goal of this plan is to unify the current dual-chain architecture of BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20) into a single, streamlined blockchain by April 2024. The primary goal of this integration is to improve operational efficiency. Increases security by addressing vulnerabilities and complexities that arise from maintaining two separate chains. BEP-2 tokens, known as Binance Chain Evolution Proposal 2, are a technical standard that defines the token rules within the Binance Chain ecosystem. This token is similar…
Author: Crypto Flexs
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Bitcoin price was able to clear the $44,500 and $44,700 resistance levels. BTC is up over 5% and may soon attempt a move towards $48,000. Bitcoin is gaining speed above the $45,500 resistance zone. The price is trading above $45,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a break above the main contraction triangle with resistance close to $44,000. Unless the pair closes below $44,000, it could continue to rise towards the $48,000 level. Bitcoin price begins a new rise Bitcoin price started a new rise above…
With spot Bitcoin exchange-traded funds currently dominating the cryptocurrency narrative and market sentiment, Ethereum is lagging behind. However, if BTC funds are approved, these stories could soon turn into the world’s second largest digital asset. The cryptocurrency market hit a 21-month high with a total market capitalization of $1.8 trillion, driven by spot Bitcoin ETF hype. As expected, Bitcoin is leading, with some altcoins hitting double digits, but not Ethereum. Ethereum is vastly undervalued January 9 Cryptocurrency investor ‘DC Investor’ said His 235,000 X followers said Ethereum “will perform better and retain more value than most assets after this cycle.”…
Posted 1 minute ago In ~ The Singapore affiliate of South Korean cryptocurrency exchange Upbit has obtained a Principal Payment Institution (MPI) license from the city-state’s top financial regulator. The license issued by the Monetary Authority of Singapore comes less than three months after the company received in-principle approval from the regulator in October.“Upbit Singapore is poised to become a nexus of institutional activities, leveraging Singapore’s strong regulatory framework and reputation as Asia’s leading financial center,” said Alex Kim, Founder and CEO of Upbit Singapore. From the statement On Monday.“We will increase the list of available digital assets along with…
January 9th Bitfinex Alpha | Bitcoin fluctuates ahead of ETF decision Posted at: 05:52h On Bitfinex Alpha Posted by Tammy As we enter the new year of 2024, Bitcoin continues to fluctuate strongly and shows no signs of slowing down! Despite rising 57% in the final quarter of 2023 and 155% for the full year, in just three days of 2024, BTC fell 11% on January 3, Bitcoin’s block creation day. Reports that the long-awaited Bitcoin spot ETF may not be approved have led to billions of dollars in unpaid interest being written off and both long and short positions…
The Lazarus Group, a notorious hacking group known to be backed by North Korea, recently began large-scale Bitcoin trading, sparking speculation about its future moves in the cryptocurrency sector. On January 8, the group transferred 27,371 BTC, worth about $1.2 million, in two separate transactions that analysts suspect were cryptocurrency mixers. This action ended a period of inactivity and sent 3.343 BTC (approximately $150,582) to the previously used inactive address. The cryptocurrency is currently worth approximately $82,403,084.35. Lazarus Group account. Blockchain experts at Arkham Intelligence, who reported these transactions, said Lazarus Group’s portfolio held approximately $79 million after the transactions.…
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Recent advances in AI, particularly in the area of large language models (LLMs), have led to significant advancements in code language models. Microsoft researchers have taken a huge leap forward in command coordination for code language models by introducing two innovative tools in this area: WaveCoder and CodeOcean. WaveCoder: Fine-tuned Code LLM WaveCoder is a fine-tuned Code Language Model (Code LLM) specifically designed to improve instruction coordination. This model demonstrates outstanding performance on a variety of code-related tasks and consistently outperforms other open source models at the same level of fine-tuning. WaveCoder’s efficiency is especially notable for tasks such as…
Ethereum price recovered its losses by maintaining above $2,170. ETH is consolidating and still faces many obstacles near $2,350 and $2,400. Ethereum is attempting a new rise above the $2,300 resistance level. The price is trading above $2,250 and the 100-hour simple moving average. On the ETH/USD hourly chart (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance near $2,245. A close above the $2,350 level could give the pair some bullish momentum. Ethereum price gains strength again Ethereum price continued its downward trend below the $2,200 level. However, ETH remained stable near the…
Dubai, United Arab Emirates – January 10-11, 2024 The broad spectrum of future technologies is rapidly evolving. Fast as lightning. As the tech companies of the future begin to demand more from the cities they call home, investors are also embarking on an exciting journey. We seek the unparalleled opportunity to partner with forward-thinking companies that promise not only profits but also the opportunity to join a revolution where growth has no end. But the tech companies of the future will require regulation that evolves with technology adoption, low taxes that allow for pivots and rapid change, and access to…