An unknown Bitcoin user sent 26.9. BTC +0.23% $1.17 million worth of money was added to the network’s Genesis wallet, the first wallet created on the Bitcoin network, with little chance of getting it back.The transaction took place on January 5th at 1:52 AM ET. Bitcoin was transferred from this now empty wallet to the Genesis wallet. The transaction fee was $100, well above average.The wallet was originally funded through complex transactions that involved moving funds from three wallets to 12 other wallets. Most of the funds came from wallets labeled as belonging to Binance by blockchain analytics platform Arkham…
Author: Crypto Flexs
A cryptocurrency strategist who follows closely believes one large altcoin is poised for strong gains this year. Pseudonymous analyst Altcoin Sherpa says 204,600 followers on social media platform “BNB: I think bid around $285. The region is currently uncertain and the overall market is (currently) unstable. Still, I’m still optimistic about this. I think BNB will see big gains in 2024. This was mainly done through the Binance Launchpad project.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that the Fibonacci retracement levels of 0.236 ($305.9) and 0.382 ($286) still act as support for BNB. As of this…
join us telegram A channel to stay up to date on breaking news coverage Ark Invest, led by the acclaimed Cathie Wood, recently made notable changes to its investment strategy, including selling an additional 26,743 shares of Coinbase Global Inc. The deal, valued at approximately $4.1 million, took place on Thursday following a significant investment. The day before, $25.3 million worth of Coinbase stock was sold. This selling pattern highlights strategic alignment within Ark Invest’s portfolio, especially in the context of the company’s ARK Innovation ETF (ARKK), known for its dynamic and forward-looking investment approach. This also hints at the…
The day after the 15th anniversary of Bitcoin’s Genesis Block, an incident that attracted attention in the cryptocurrency world unfolded. An unknown market participant transferred 26.91 BTC worth approximately $1.17 million to a wallet address believed to belong to Satoshi Nakamoto, the enigmatic creator of Bitcoin. The transaction sparked intense speculation and debate within the cryptocurrency community, raising questions about its meaning and the motivations behind it. Historical Context and Significance of the Genesis Block To understand the scale of this event, it is important to look back at the birth of Bitcoin. Satoshi Nakamoto mined the first Bitcoin block,…
Charitable giving has been an important aspect of society for centuries, with individuals and organizations donating their time and resources to support causes they believe in. In today’s digital age, technology has made it easier than ever to create change, and one innovative platform is: We’re leading the way in revolutionizing the way we give back. Introducing GiveCoin, a groundbreaking cryptocurrency designed to double the impact of charitable giving. How GiveCoin Works GiveCoin leverages the power of blockchain technology to provide a transparent and secure way to donate to charity. When you donate using GiveCoin, the value of your donation…
The opening day of 2024 brought with it a cry that echoed far and wide for cryptocurrencies. The IRS is coming! The IRS is coming!The hullabaloo was sparked by a circulated segment of the 2021 federal government. infrastructure law Accordingly, starting January 1, 2024, key details related to certain cryptocurrency payments over $10,000 (including the payer’s name, address, and Social Security number) must be reported to the IRS under a felony penalty. Worries soon spread among cryptocurrency users, unsure whether they could suddenly risk being thrown in jail for failing to report large on-chain transactions. great. I pay taxes. It…
Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEOne of the frequently asked questions in cryptocurrency training courses for beginners is ‘How do I use Bitcoin?’After people understand how cryptocurrencies work, go…
Video diffusion models, a sophisticated field of generative models, play a pivotal role in synthesizing videos from text descriptions. Despite remarkable advances in similar areas such as ChatGPT When using Midjourney for text and Midjourney for images, video generation models often struggle with temporal consistency and natural dynamics. To address these challenges, Nanyang Technological University S-Lab researchers developed FreeInit, a pioneering model designed to significantly improve video quality by bridging the gap between the training and inference phases of video diffusion models. FreeInit works by orchestrating the noise initialization process, a critical step in video creation. Existing models use Gaussian…
Positive sentiment toward DOT has surged along with its price over the past month. DOT fell 5% and market indicators were bearish for the token. Ignoring the recent market crash, several cryptocurrencies have shown commendable performance, including: Polkadot (DOT) and Internet Computer (ICP). In fact, the latest data shows that both tokens have seen their values rise by triple digits from their lows. However, DOT will need to increase prices further to keep up with ICP’s performance. Polkadot and Internet Computer put on a bull show! The ICP uptrend over the past 30 days has benefited investors as prices have…
There has been a notable surge in trading activity on major Ethereum Virtual Machine (EVM) chains recently. According to Etherscan, a blockchain analysis tool, approximately 95% of these transactions contain inscriptions. Ordinal inscriptions have gained popularity as a direct means of creating non-fungible tokens (NFTs) on blockchains by inserting unique data into transaction call data. Imagine a small capsule embedded within Bitcoin itself, holding images, text, and even video. These are Ordinals Inscriptions. In other words, it is a digital artifact permanently engraved on the Bitcoin blockchain. Each inscription is located on a single Satoshi, the smallest unit of Bitcoin,…