join us telegram A channel to stay up to date on breaking news coverage Bitcoin is popular and trustworthy. However, it is highly unlikely that the world’s largest cryptocurrency will generate returns of more than 100% annually over the next few years. A large market capitalization is a sign of reliability. At the same time, it is also an obstacle to growth. On the other hand, promising low-cost cryptocurrencies based in fertile niche markets offer excellent investment opportunities. Only they can make 10x to 100x profits within a year. In this article, we will discuss Scorpion Casino, a project that…
Author: Crypto Flexs
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Solana continues Optimistic feelings about the ecosystem According to on-chain data, the stablecoin market has upset Ethereum for the second week in a row. SOL’s price growth has slowed over the past week, showing a seven-day decline of minus 2.3% at the time of this writing. However, stablecoin transfers on the Solana chain show that the blockchain maintains its reputation as an Ethereum killer, recording over $10.3 billion in transaction volume last week. Stablecoins growing on Solana Ethereum has largely dominated the stablecoin market since the inception of Tether USDT. However, according to data from a cryptocurrency analytics platform, Artemis,…
Cryptocurrency inflows from asset managers such as CoinShares, Grayscale, ProShares and 21Shares reached $2.2 billion last year, with Bitcoin investment products accounting for the majority, according to CoinShares’ 2023 report.The full-year total represents a significant reversal compared to 2022. Inflows in 2023 were 2.7x, making it the third-largest year based on data since 2017, said James Butterfill, head of research at CoinShares. However, flows are still significantly lower compared to $10.7 billion in 2021 and $6.6 billion in 2020.“Much of the recovery came in the final quarter, when it became increasingly clear that the SEC was preparing to launch a…
Sumit Gupta recently released an official tweet to clarify the recent news about a scam on the CoinDCX app. The co-founder and CEO of CoinDCX began his tweet by acknowledging reports of unethical behavior associated with the exchange. However, Sumit was quick to clarify that no such incident occurred on the official CoinDCX website or app. Most of these problems appear to be caused by fake websites that are prevalent in the cryptocurrency market. The CoinDCX co-founder informed users that several fake URLs and websites centered around CoinDCX were operating. To trick users and illegally obtain their funds, these platforms…
Catching the Cryptocurrency: Successful Tracking of dYdXIn a prominent disclosure, decentralized exchange dYdX identified those behind an attack on its v3 platform on November 17, 2023, which drained $9 million from its insurance fund. This groundbreaking advancement in cyber investigations marks a pivotal moment for exchanges in the fight against digital crime.1/ After investigating the YFI incident that occurred in dYdX v3, we successfully tracked down the person responsible and reported it to law enforcement.This is our deep dive and next steps 🧵https://t.co/JGxebpERYl- dYdX (@dYdX) January 3, 2024 Security Upgrades: Stay one step ahead of future threatsAfter an attack, dYdX…
Catching the Cryptocurrency: Successful Tracking of dYdXIn a prominent disclosure, decentralized exchange dYdX identified those behind an attack on its v3 platform on November 17, 2023, which drained $9 million from its insurance fund. This groundbreaking advancement in cyber investigations marks a pivotal moment for exchanges in the fight against digital crime.1/ After investigating the YFI incident that occurred in dYdX v3, we successfully tracked down the person responsible and reported it to law enforcement.This is our deep dive and next steps 🧵https://t.co/JGxebpERYl- dYdX (@dYdX) January 3, 2024 Security Upgrades: Stay one step ahead of future threatsAfter an attack, dYdX…
Dash is a popular cryptocurrency that offers a variety of features and benefits to users. Whether you’re new to the cryptocurrency world or a seasoned investor, mastering Dash can open a world of opportunity. In this ultimate guide, we’ll take a look at all things Dash, how to use it, and how to maximize its potential. What is a dash? Dash is a digital currency that aims to be as user-friendly as possible. Originally launched as Xcoin in 2014, it was later rebranded as Darkcoin and then settled on the name Dash, meaning “digital cash.” Dash has gained popularity for…
The cryptocurrency strategist, who hit Bitcoin (BTC)’s lowest price during the 2018 bear market, believes Solana (SOL) is poised for a steep rally. Alien analyst Bluntz told his 234,400 followers on social media platform X that Solana appeared to be forming a bullish reversal pattern on the one-hour chart. According to the analyst, he expects SOL to consolidate briefly before starting a parabolic rally. “Beautiful round bottom formed in SOL. I wouldn’t be surprised to see a high period on this go sideways before the next surprising parabolic leg appears.” source: Blunts/X Bluntz with Solana now trading well above the…
Shiba Inu (SHIB) has established itself as an outstanding performer, taking the position as the second most traded token on popular cryptocurrency exchanges in India. This is a notable achievement in the highly competitive digital asset market, as SHIB outperformed both Bitcoin and Polygon in February, demonstrating a dramatic shift in investor tastes. Shiba Inu: Dominating the trade, a memorable 2023 WazirX, India’s leading cryptocurrency exchange, revealed that Shiba Inu (SHIB) ranked second in terms of platform trading volume last year. The 2023 WazirX Year-End Report is available at 📝. 🚀 Top performing coins by trading volume:» #BTC next #SHIB…
Binance, the world’s largest cryptocurrency exchange, recently launched its 43rd Launchpool project, Xai (XAI). Launchpool events centered around the XAI token provide exciting opportunities for users to earn rewards by staking their BNB, FDUSD, and TUSD assets. This move by Binance is significant as it demonstrates continued innovation in the cryptocurrency space. XAI Token and Launchpool Details Launch Date: Binance officially announced the launch of the XAI token on its platform on January 3rd. Project Focus: Xai is the first layer 3 network on blockchain, designed as a gaming-centric platform within the Arbitrum layer. Staking Period: Staking of BNB, FDUSD…