Author: Crypto Flexs

Wallets ending in “e57” fell victim to a sophisticated phishing attack on September 27th. This resulted in 12,083 Spark Wrapped Ethereum tokens (spWETH) worth $32 million being leaked from the wallet.According to security firm CertiK, 10,000 spWETH, worth about $26 million, was initially transferred to a wallet starting with “0x471c”. Some of these funds were later transferred to four additional wallets.1,750 Ether (ETH) was sent to a wallet starting with the characters “0x105c”, 2,613 ETH was sent to a wallet starting with “0x278d”, an additional 3,730 ETH was sent to an address starting with “0x408d”, and finally Approximately 1,865 ETH…

Dogecoin’s price action has been incredibly strong as the meme coin scene exploded with massive gains amidst influx into the cryptocurrency market. The meme coin’s rally was highlighted by its recent surge above $0.12, confirming a bullish breakout from a multi-month downward trend. In particular, the Dogecoin analysis previously reported by Bitcoinist A significant level of price definition is revealed. For meme coins, $0.12 is the dominant coin. This noticeable increase is probably due to The start of the Dogecoin rally. Interestingly, this outlook A number of cryptocurrency analysts echoed this sentiment. And these are meme coin investors. In particular,…

Guggenheim Treasury Securities (GTS), a subsidiary of financial consulting firm Guggenheim Capital, has issued $20 million worth of digital commercial paper (DCP) on Ethereum.DCP has received a P-1 credit rating from Moody’s.According to a September 26 statement, Guggenheim will publish the paper through a blockchain platform developed by Zeconomy called AmpFi.Digital, which provides tokenization services to qualified investors.Zeconomy CEO Giacinto Cosenza said:“With tens of billions of dollars locked in DeFi and corporate coffers, we are excited to work with GTS to address the clear need for more trustworthy and secure blockchain solutions.”The move comes as the market capitalization of the…

The UK Gambling Commission charged Sorare with providing unlicensed gambling services. The UK Gambling Commission has been investigating Sorare for three years. Sorare has denied wrongdoing, claiming it is not a gambling platform under UK law. The UK Gambling Commission has taken legal action against blockchain-based fantasy sports platform ‘Sorare’ on charges of operating an unlicensed gambling facility. France-based Sorare offers non-fungible tokens (NFTs) tied to fantasy sports teams and athlete collectibles. Following the Gambling Commission’s move, the platform is set to appear in a UK court on October 4. The Gambling Commission launched an investigation into Sorare in October…

ElevenLabs’ new AI-based tool produces realistic transatlantic-accented text-to-speech, blending American and British pronunciations for a variety of applications. (read more)

Despite Ether (ETH) rising 15% over the past two weeks, ETH price has struggled to maintain momentum this week, going through a period of consolidation between $2,700 and $2,600. The largest altcoin currently has a market capitalization of $316 billion and has facilitated over $15.7 billion in trading volume in the last 24 hours. SEC Postpones Ether ETF Options Decision to NovemberAccording to a filing released on September 24, the U.S. Securities and Exchange Commission (SEC) announced that it would postpone its decision to approve options trading for the spot Ethereum ETF. Source: U.S. Securities and Exchange CommissionThe approval decision…

According to a leading cryptocurrency analyst, an indicator suggests that an upswing in Telegram-based gaming tokens is imminent. Ali Martinez told his 72,600 followers on social media platform NOT is the community token of Notcoin, a popular Telegram-based tap-to-earn mining game. Martinez says: “Increasing buying pressure could potentially prevent a rise from $0.012 to $0.014.” Source: Ali Martinez/X At the time of this writing NOT trading at $0.000976, a jump to $0.014 would result in a profit of over 40%. The 86th-largest cryptocurrency asset by market capitalization has already risen more than 13% in the past 24 hours. Martinez also…

Tony Kim September 28, 2024 11:50 The Web3 movement, led by Consensys, is facing serious regulatory challenges from the SEC, threatening innovation in the blockchain space. The Web3 movement, which aims to foster a more inclusive, transparent and decentralized internet, is facing significant regulatory backlash in the United States. According to linea.mirror.xyz, the Web3 builder community is facing a threat from what many see as reckless regulatory action. Why Web3 Protection Is Important In April 2024, Consensys, a founding member of Linea, announced that it had filed a lawsuit against the U.S. Securities and…

Bitcoin rallied towards key resistance levels on September 26 as the market awaited new US macro data.BTC/USD 1-hour chart. Source: TradingViewBTC price bullish signal lineupBitcoin (BTC) price rose 2% a day after bulls fell to $62,700, according to data from Cointelegraph Markets Pro and TradingView.Nonetheless, BTC/USD has shown signs that its upward momentum may continue, although it is stuck below the $65,000 liquidity call wall.“The systematic upward trend is still in place,” popular trader Skew summarized in some of his latest content on X.Skew singled out three essentials that currently exist on a four-hour time frame: price trend using the…

Ethereum price is aiming for a new rise like Bitcoin. For ETH to continue rising and reach new highs in the near term, it needs to break above $2,665. Ethereum is targeting a fresh rise above the $2,665 level. The price is trading above $2,620 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance at $2,625. The pair needs to hold above the $2,600 support level to start a new rally in the near term. Ethereum price, more attention on the rise…