FTX Real Estate’s discounted token sale continues to gain attention. Investors have been buying up millions of tokens across multiple projects, convinced that these assets are undervalued and could offer long-term upside. I recently bought Worldcoin ( world +9.21% ) and Metaplex (MPLX), and my colleague Tim Copeland had Solana ( brush +2.01% ) token sale earlier this year.SOL was FTX’s largest holding, with 41 million locked tokens currently valued at approximately $6 billion. The estate sold these tokens in batches in April and May at significant discounts ranging from $64 to $110 per token. SOL is currently trading around…
Author: Crypto Flexs
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Everyone knows about Bitcoin (BTC), especially given how much it’s mentioned in the crypto media, but arguably the second most common, yet more confusing term, is ‘altcoins’.The truth is that the two are inherently related. While Bitcoin set the foundation for crypto’s existence, altcoins have allowed it to flourish into the ecosystem we all know today. But the question remains: What exactly are altcoins, and what sorts of benefits can they offer the everyday crypto investor?What Is an Altcoin? An altcoin is simply any cryptocurrency that isn’t Bitcoin, with the ‘Alt’ referring to ‘alternative.’It’s important to remember that Bitcoin was the very…
Felix Pinkstone October 6, 2024 14:20 NVIDIA launched Llama 3.1-Nemotron-70B-Reward, a leading reward model that uses RLHF to improve AI alignment to human preferences, topping the RewardBench leaderboard. NVIDIA has launched a groundbreaking rewards model called Llama 3.1-Nemotron-70B-Reward. It aims to improve the alignment of large language models (LLMs) with human preferences. According to the NVIDIA Technology Blog, this development is part of NVIDIA’s efforts to improve AI systems by leveraging reinforcement learning with human feedback (RLHF). Advances in AI Alignment Reinforcement learning with human feedback is critical to developing AI systems that can…
Bitcoin (BTC) faces potential selling pressure as the dollar value of holders’ BTC exposure falls by billions of dollars.A new study from on-chain analytics platform CryptoQuant shows that while seasoned holders are taking risks in BTC, speculators are stepping in.Bitcoin holders “possible to take profits”As enthusiasm continues for BTC/USD to return to all-time highs, long-term Bitcoin Holders (LTH) are taking no risks.CryptoQuant analyzed the net position changes of LTH entities holding a certain amount of BTC for more than 155 days and found that their BTC exposure had “declined sharply.”“Recently, the LTH realized cap (in blue) plummeted by $6 billion…
A widely respected cryptocurrency analyst and trader is providing insight into XRP and decentralized finance (DeFi) protocol Curve DAO (CRV) while remaining bullish on its top Ethereum (ETH) rival. Starting with Ethereum competitor Solana (SOL), an analyst known by the pseudonym Credible Crypto informs his 423,200 followers on social media platform . Credible Crypto said his optimism on Solana would be invalidated if SOL falls below $126 and his take-profit level is around $163. “It’s a very simple play based on the assumption that we might see some relief across the board. Tested local demand targeted almost identical peaks with…
Transak secures the first Money Transmitter License (MTL) in Alabama. This license improves security, speed, and compliance for U.S. cryptocurrency services. Transak is targeting additional state licenses as it strengthens its Web3 payments infrastructure. On October 3, 2024, Transak USA LLC achieved a significant milestone by securing its first Money Transmitter License (MTL) from the Alabama Securities Commission. This regulatory approval establishes Transak as a fully licensed financial institution in the state, a key step in its mission to provide secure and accessible cryptocurrency services across the United States. Transak expands presence in the U.S. Alabama MTL solidifies Transak’s commitment…
Posted 1 minute ago to Updated: October 4, 2024, 4:47 PM EDT Old Bitcoin whales transferred a total of $3.6 million worth of assets. BTC -0.17% To the Kraken, according to Arkham Intelligence.The blockchain analytics platform published X on Friday. “The Bitcoin whale, which has held more than $72.5 million in Bitcoin since 2009, sent a total of $3.58 million in BTC to Kraken in its most recent move yesterday.” “This Bitcoin was mined a month after Bitcoin was launched in February/March 2009.”Arkham also posted that the same whale transferred five bitcoins to Kraken on September 24th. According to The…
WLD is up 10% in the last 24 hours despite mixed on-chain indicators. Sentiment remained bearish as only 11% of holders took profit at the current price. Worldcoin (WLD) performed well in the cryptocurrency market last week, posting significant gains. Source of data CoinMarketCap At the time of writing, WLD is up about 10% in the last 24 hours alone. This rapid increase reflects growing interest in WLD as market participants take note of recent market momentum. WLD active addresses are increasing. Trading activity on Worldcoin also increased, further fueling altcoin price volatility. Active addresses interacting with the coin have…
Terrill Dickey October 2, 2024 12:08 Marathon Digital Holdings (MARA) reports a 5% increase in active hashrate and a 6% increase in block wins in September 2024. Marathon Digital Holdings (NASDAQ: MARA), one of the world’s largest publicly traded Bitcoin (BTC) miners, has released an update on its unaudited Bitcoin production and mining operations for September 2024. According to MARA, the company’s operating indicators have increased significantly. . Hashrate and block win rate have improved significantly. MARA’s active hash rate in September 2024 increased by 5% to 36.9 EH/s from 35.2 EH/s in August.…
Toy manufacturer LEGO Group has reportedly removed the ‘LEGO Coin’ token scam that briefly appeared on its website after being hacked on October 5.X user and LEGO enthusiast “ZTBricks” was one of the first to spot the scam, which promised “secret rewards” to those who purchased LEGO coins. Here are several screenshots from the X show:“New LEGO Coins are officially here! Buy LEGO Coins now and unlock secret rewards!”People who clicked the ‘Buy Now’ button below the message were reportedly redirected to a phishing site.LEGO has not commented publicly on the incident. However, the LEGO Coin message and “Buy Now”…