A recent report found a significant gap between advisors’ expectations and market analysts’ predictions regarding the approval of a spot Bitcoin exchange-traded fund (ETF) in 2024. We provided in-depth information on financial advisors’ views and predictions regarding cryptocurrencies. Financial Advisor Approves Questionable Bitcoin ETF A Bitwise Asset Management and VettaFi survey found that 61% of financial advisors do not expect the approval of a spot Bitcoin ETF this year. Surprisingly, this contrasts sharply with cryptocurrency enthusiasts’ January estimate of an 88% likelihood of approval. These differences indicate that the market’s readiness for these ETFs is potentially being underestimated. Advisors’ view…
Author: Crypto Flexs
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By 2023, a significant number of security incidents have been witnessed in Web3 environments. According to the CertiK report, 751 security incidents resulted in a total loss of $1.84 billion, a 51% decrease from the $3.7 billion loss in 2022. Despite this decline, the scale of these incidents remains alarming, with only the 10 most costly incidents counted. It suffered a loss of $1.11 billion. The median loss per incident was $101,132, well below the average loss of $2.45 million per incident. This indicates significant differences in the impact of individual events. Most vulnerable chains and attack vectors The BNB…
Etherscan, Ethereum’s (ETH) blockchain data explorer, has acquired Solscan, its Solana (SOL) ecosystem counterpart. Solscan launched in 2021 and has served more than 3 million monthly users since then, according to a press release announcing the acquisition. Both websites provide address information, token and transaction data, application programming interfaces (APIs), dashboards, and non-fungible token (NFT) metadata. Matthew Tan, CEO and founder of Etherscan, said the Solscan team demonstrated expertise and provided detailed insights and analysis. “Their expertise in making blockchain data accessible and user-friendly aligns perfectly with Etherscan’s mission.” In announcing the acquisition, the Etherscan team pledged to continue providing…
Intel Corporation announced the formation of Articul8 AI, Inc., an independent company focused on a generative artificial intelligence (GenAI) software platform for enterprise customers. This move represents Intel’s strategic initiative to expand its presence in the rapidly evolving AI sector. Articul8 AI, Inc., which operates independently, owns intellectual property rights and technology Developed by Intel. The company aims to provide a vertically optimized and secure full-stack GenAI software platform. The platform is designed to address key concerns related to privacy and security in AI adoption by keeping customer data, training, and inference within the enterprise security perimeter. It also provides…
The founder of ACE Exchange, one of Taiwan’s largest cryptocurrency exchanges, was arrested Wednesday on charges of orchestrating fraud, local media outlet Liberty Times reported. Police seized at least NT$200 million ($6.4 million) worth of illegal profits.ACE founder David Pan has reportedly been arrested along with 13 other suspects on fraud charges. According to the report, Fan and co-conspirator Lin are accused of working together for three years, using false advertisements on social media to lure investors into investing money in worthless cryptocurrencies, including MOCT.Police raided several locations in Taiwan on Wednesday, including the ACE Exchange office, and seized ₩111.52…
This issue Confirmed It is devoted to recent contextualization. published paper We describe three possible attacks against Ethereum’s proof-of-stake algorithm. tl;dr This is a serious attack that has been formally analyzed and has technically simple mitigations. Fixes will be released before the merge won’t Delay the merge timeline. Forkchoice attacks, mitigations and timeline There has been quite a bit of talk around the new recently. published paper It was co-authored by the Stanford team and some EF researchers. The paper revealed three active and reconfiguration attacks on the consensus mechanism of a beacon chain. without It provides some relief or…
Ethereum Classic (ETC) is a decentralized platform for running smart contracts, applications that run exactly as programmed without the possibility of downtime, fraud, or third-party interference. Launched in 2015, Ethereum Classic quickly gained popularity and is now one of the world’s leading cryptocurrencies. What is Ethereum Classic? Ethereum Classic is the first Ethereum blockchain created as a result of a hard fork of the Ethereum network. The hard fork was the result of disagreement within the Ethereum community and resulted in the creation of two separate blockchains: Ethereum and Ethereum Classic. While Ethereum focuses on creating a decentralized platform for…
Whale movements around major cryptocurrencies have caused confusion. Retail interest in BTC eventually increased, but interest in ETH and XRP waned. The recent surge in cryptocurrency prices, which signaled an optimistic period for the cryptocurrency sector, has been followed by a downward trend, and whales appear to be at the center of these market events. whales move Whale behavior has played a significant role in the decline of major cryptocurrencies. In particular, just before the market crash, one whale deposited 3,100 Bitcoin (BTC) worth $140 million into Binance (BNB). The first 3,100 BTC withdrawn from HTX at $20,000 on October…
January 4th Notice to UK customers Posted at 14:04h announcement Posted by Tammy Bitfinex announced that in compliance with regulatory requirements, we have decided to remove the availability of our products and services for certain customers in the United Kingdom. We previously delivered that UK residents who create an account on the Bitfinex platform after November 1, 2023 will no longer be able to apply for personal account verification. This measure will remain in place. from now on, Bitfinex is no longer accepting certification applications. Enterprise UK residents (except those who meet the following definitions) High net worth companies, unincorporated…
Form 8-A filings filed by Fidelity, Grayscale, and VanEck indicate progress toward the widely expected approval of a spot Bitcoin ETF, although the SEC has not yet given approval. Grayscale Investments and VanEck filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) on Jan. 4, indicating that the securities have been registered with the watchdog. This is part of a process that will allow the issuer to eventually list its Bitcoin (BTC) ETF on an exchange, if approved by the SEC. The issuer of the Grayscale BTC Trust (GBTC), which holds about 620,000 BTC worth more than…