XLM’s recent price action has placed it near important resistance levels through the 20-day, 50-day, and 200-day EMAs. Failure to hold above key support levels could expose XLM to further downside risk. Stellar (XLM) recently rebounded from long-term support near $0.08. Despite difficulties regaining bullish momentum, the altcoin’s recent price action has brought it closer to key resistance levels. Let us analyze whether the bull has enough strength to continue on this trajectory. XLM Price Analysis Source: TradingView, XLM/USDT After finding a stable bounce from the $0.08 support, XLM surged to test the immediate resistance level. However, the altcoin is…
Author: Crypto Flexs
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jack anderson October 25, 2024 08:40 Immutable (IMX) integrates Blockaid’s security into Immutable Passport, providing seamless protection for over 380 games and 3 million players in the Web3 gaming ecosystem. Immutable (IMX), a prominent player in the Web3 gaming sector, announced that it has significantly enhanced the gaming ecosystem by integrating Blockaid’s security infrastructure into Immutable Passport. According to immutable.com, this integration aims to provide strong, invisible security to over 380 games and 3 million players. Enhanced game security Our partnership with Blockaid introduces enterprise-grade security measures that protect gamers without disrupting their experience.…
Singapore-based cryptocurrency exchange BingX said it would launch a new initiative called “ShieldX” after it fell victim to a hot wallet attack that stole $52 million from the company in September. In an October 24 statement, the exchange said ShieldX has introduced an “upgraded wallet firewall” to provide advanced protection against threat actors and protect user assets on the platform. source: BingXBingX also said it had worked with several unnamed security companies to implement “around-the-clock” monitoring and threat detection to protect against potential future exploits. “The launch of ShieldX is an important step in actively strengthening the defenses of our…
Singapore-based cryptocurrency exchange BingX said it would launch a new initiative called “ShieldX” after it fell victim to a hot wallet attack that stole $52 million from the company in September. In an October 24 statement, the exchange said ShieldX has introduced an “upgraded wallet firewall” to provide advanced protection against threat actors and protect user assets on the platform. source: BingXBingX also said it had worked with several unnamed security companies to implement “around-the-clock” monitoring and threat detection to protect against potential future exploits. “The launch of ShieldX is an important step in actively strengthening the defenses of our…
The bill aims to provide regulatory clarity for digital assets, including self-custodial rights, Bitcoin payments, and transaction taxes.
Iris Coleman October 25, 2024 06:29 NVIDIA CEO Jensen Huang highlighted India’s potential in the AI field and urged the country to build its own AI infrastructure to leverage its data and talent. NVIDIA CEO Jensen Huang has urged India to develop its own artificial intelligence (AI) infrastructure, highlighting its potential to become a leader in AI innovation. According to the NVIDIA blog, Huang emphasized at the NVIDIA AI Summit in Mumbai that AI can be a driving force in India’s digital transformation. India’s unique position in AI Addressing a diverse audience of entrepreneurs,…
QuickSwap has expanded to Ethereum. The project promises to revolutionize leveraged trading and swaps on the network. The core of QuickSwap deployments is liquidity aggregation. Over the past year, QuickSwap, a leading Polygon DeFi hub, has been expanding and showing no signs of slowing down. After expanding its reach to Cosmos and Flare, the project has now set up shop on the Ethereum Layer 1 chain, promising to solve some of the challenges associated with engaging in DeFi activities on the network. QuickSwap is launched on Ethereum After waiting for over a month since the initial teaser, QuickSwap has expanded…
On October 24, hackers compromised a wallet believed to be controlled by the U.S. government. In 2016, $20 million was leaked from a wallet containing funds seized in the Bitfinex hack.According to Arkham Intelligence, the attackers sent funds to wallets starting with ‘0x348’ containing US Dollar Coin (USDC), Tether (USDT), aUSDC, and Ethereum (ETH).The on-chain analytics firm also believes that hackers began converting stablecoins to ETH and laundering funds through addresses associated with money laundering services.The attackers used funds seized by the US government in the 2016 Bitfinex hack, and perpetrators Ilya Lichtenstein and his wife Heather Morgan will be…
Tony Kim October 25, 2024 04:28 AWS and NVIDIA are driving digital transformation in the energy sector by integrating AWS Energy HPC Orchestrator with NVIDIA Energy Samples to meet growing compute requirements. The energy sector is undergoing significant digital transformation and increasing compute demands, especially for high-performance computing (HPC) workloads. According to the NVIDIA Technology Blog, these changes are achieved through advanced seismic imaging technologies such as Reverse Time Migration (RTM) and Full Waveform Inversion (FWI), which require significant computing resources. These methods can increase workloads exponentially, highlighting the need for scalable computing solutions.…
The widely respected cryptocurrency analyst and trader is bullish on one memecoin while offering predictions for two layer 1 altcoins. An analyst who goes by the pseudonym Bluntz told his 287,700 followers on social media platform X that Dogecoin (DOGE) is “still strong.” Based on a 4-hour Bluntz chart, the anonymous analyst appears to be suggesting that Dogecoin could surge nearly 60%, reaching a price of $0.22. Source: Bluntz/X As of this writing, Dogecoin is trading at $0.138, up more than 20% over the past two weeks. A widely followed analyst says: “Dogecoin is the leader in the new megacap…