Bitcoin is recovering some of its gains over the past few days. The number one cryptocurrency by market capitalization could be on the verge of a bigger retracement, which could push it back into the $30,000 area. As of this writing, Bitcoin (BTC) is trading at $40,950, having lost 2% in the last 24 hours. On the weekly chart, the cryptocurrency is recording a 3% loss, and with the exception of Avalanche (AVAX), the top 10 tokens by market are all posting similar performances. The price of BTC is losing bullish momentum during the low period. source: BTCUSDT on Tradingview…
Author: Crypto Flexs
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Standard represents a major step forward in ensuring security within the Ethereum ecosystem. Wakefield, MA — December 18, 2023 — that much Enterprise Ethereum Alliance (EEA) announced the launch today. EthTrust Security Level Specification Version 2.0. The specification was created by security experts from more than a dozen companies, including big names in Ethereum security such as Diligence, OpenZeppelin, Hacken, and CertiK, as well as major companies such as Banco Santander, Microsoft, and EY. In particular, this involves professional security companies, regular customers and independent experts all working together to improve security measures. Chaals Nevile, Director of Technical Programs at…
Policy • December 18, 2023 2:32 PM EST Posted 1 minute ago In ~ The United Kingdom has introduced new regulations that will give the national financial watchdog sandbox oversight rules for tokenized securities, according to an official publication on Monday.This regulation covers the UK’s Digital Securities Sandbox (DSS) and will come into effect on 8 January 2024. These regulations are part of the UK government’s Financial Services and Markets Act 2023 (FSMA).Digital Securities Sandbox Supervision RegulationsThe new rules set overall limits on what can be done within the sandbox and which participants can participate. The sandbox allows regulators and…
Sports prediction accuracy reaches new heights with innovative AI betting platform RektBookie, a pioneer in AI-powered sports betting, is redefining the industry with groundbreaking technology. Since its launch in May 2023, the platform has not only captured the attention of sports enthusiasts but also set new standards for betting accuracy. Unparalleled accuracy in sports predictions Boasting an unrivaled 80% success rate on real match results, RektBookie is at the forefront of prediction technology. This impressive accuracy isn’t just about numbers. This is a promise of reliability and trust to our users. Improved through rigorous data analysis and machine learning, our…
As of December 17, Irys, a prominent layer 2 network within the Arweave ecosystem, is reportedly planning to fork the Arweave network with the intention of “deleting its data sets and resetting the token supply.” post This is the work of Arweave founder Sam Williams.He claims that despite Arweave having a secure upgrade mechanism, Irys developers are planning to proceed with a hard fork, which “appears to be a play motivated by greed.” Arweave founder wrote:“In light of this situation, Arweave plans to remove Irys Bundler from the trusted set of major Arweave gateways. This will result in significant delays…
This year saw a significant increase in demand for the limited space available within a Bitcoin block, leading to higher fees for on-chain transactions. Most of the demand is for trades that reveal inscriptions. The contents of this inscription are released as part of eyewitness data.One Bitcoin trading. this witness dataOne Discounted at 1/4 of other transaction data costs. Why do we offer discounts on these inscriptions? Should we softfork the witness discount?Why are some bytes cheaper than others?Money in general, and Bitcoin in particular, operates based on human incentives. Bitcoin uses the native Bitcoin token to align the incentives…
The $383 million Zilliqa ecosystem is experiencing disruption due to a “critical situation” affecting the network.According to the December 18th post According to the developers, the Zilliqa blockchain is facing “technical issues that are halting block production.” According to blockchain data, Zilliqa’s daily transactions fell by about 50% to 30,906, compared to an average of 61,000 over the past few days.There has since been a pause in activity, with the last transaction occurring around 11:00 AM UTC, and no new blocks have been created since. “The team is working hard to restore the network.” wrote Zilliqa CEO Matt Dyer follows…
dear my friend, Yesterday, Wave #01 DevCon tickets sold out within minutes of going online! After two years of anticipation, the entire team waited for this moment with curious nervousness. But don’t worry. more ticket wave Coming soon. Today we announce good news. Return of the Devcon Scholars Program, an EF initiative aimed at helping important Ethereum builders struggle to attend Devcon. Read below to find out if the Devcon Scholars program is right for you and to get information on how to apply. We are also excited to announce our first event taking place at Devcon in Bogotá. We…
Coinbase said Monday that it is part of a group of cryptocurrency heavyweights. Kraken, Ripple and Andreessen Horowitz have raised and donated $78 million to support “pro-innovation” political candidates in 2024. “The future of cryptocurrencies in the U.S. depends on the election of candidates and the enactment of policies that support responsible and fair rules for cryptocurrencies,” Coinbase said. “Specifically, overhauling appointed regulators who take regulation through enforcement approaches.” He said. blog post It describes donations made through a cryptocurrency-focused political action committee called Fairshake.According to its website, Fairshake “supports candidates only through independent activities” and is registered with the…
Circle, a global financial technology company, announced the launch of EURC on the Solana network. As a leading regulated dollar stablecoin issuer, Circle’s expansion of EURC to Solana, now the fourth blockchain to support it natively, is poised to enhance its utility in peer-to-peer transfers and European remittance corridors. EURC, a fiat-backed stablecoin, operates on a fully-held model, guaranteeing a 1:1 redeemable value against the euro. This launch allows developers and users to join EURC and USDC on Solana (SOL), providing global remittance and financial transaction options. 1/ The holiday season is just around the corner and I have a…