Felix Pinkstone October 2, 2024 16:20 BNB Chain unveils the winners of its Q3 2024 Hackathon, celebrating innovative projects in Web3 and blockchain technology. According to the BNB Chain blog, BNB Chain announced the winners of its Q3 2024 hackathon focused on the theme of ‘Becoming a Champion Builder’. This quarter’s event attracted 186 submissions from around the world, demonstrating a vibrant mix of creativity and innovation in the Web3 space. Major Challenge Winners From the many entries, 10 projects advanced to the demo round and competed for a prize of $50,000. The top…
Author: Crypto Flexs
Read More
Each month, our panel of crypto lawyers looks at the legal implications of some of the thorniest problems facing the industry in different jurisdictions around the world. The arrest of Telegram CEO Pavel Durov in France has reignited a global debate on the rights and responsibilities of social media platforms.Is it right to arrest a founder for criminal behavior on their platform they had nothing to do with? Critics have likened it to arresting the head of a phone company because criminals discussed a crime on a call.The European Union has rolled out increasingly restrictive laws with the Digital Services…
Bitcoin (BTC) price fell 4.1% in the early hours of September 30, retesting the $63,500 support level and erasing gains from the previous five days. The most recent attempt to break above $66,000 lasted less than three days, but the correction resulted in the liquidation of just under $40 million of leveraged buy futures. This data suggests that although the factors driving the recession are still present, the bulls have not let down their guard.Uncertain US economic outlook puts pressure on BTC priceU.S. stock futures fell 0.20% as investors awaited comments from U.S. Federal Reserve Chairman Jerome Powell on the…
Kasikornbank is set to launch orbix Custodian, Thailand’s first licensed digital asset manager. Orbix Custodian’s operations are expected to begin in early 2025 following licensing. K Bank also focuses on AI development through partnership with Project SEALD Kasikornbank (KBank), Thailand’s second-largest bank by assets, is set to launch Orbix Custodian, Thailand’s first licensed digital asset manager. It is regulated by the Securities and Exchange Commission (SEC). Notably, this announcement comes two weeks after the permit was issued on September 13, with operations expected to begin in early 2025. The permit was issued by the Ministry of Finance. KBank President Pipit…
Peter Jang October 2, 2024 12:24 BitMEX is introducing the EIGENUSDT perpetual swap, giving traders the ability to buy or sell EIGEN with up to 50x leverage starting October 2, 2024. BitMEX announced the launch of EIGENUSDT, a new perpetual swap exchange that allows users to trade EIGEN (EigenLayer) with up to 50x leverage. According to the BitMEX blog, this new trading option became active on October 2, 2024 at 12:00 UTC. Key features of EIGENUSDT perpetual swap The EIGENUSDT perpetual swap provides traders with the opportunity to take long or short positions in…
Bitcoin (BTC) is on the verge of falling below $54,000 as new geopolitical upheaval takes a toll on BTC price strength.Bitcoin traders have reduced their BTC price target below $60,000 after BTC/USD fell more than 5% in 24 hours.BTC price target extended below $60,000.Market nerves about events in the Middle East are more than felt in cryptocurrencies. The latest data from Cointelegraph Markets Pro and TradingView shows that the total cryptocurrency market cap fell 7.2% over two days.This is a 1-day chart of the entire cryptocurrency market capitalization. Source: TradingViewBitcoin reacted to the chaos in classic style, hitting support near…
One trader known for making timely altcoin calls believes six crypto assets are the fastest horses in the digital asset race. Household analyst The Flow Horse tells Telegram subscribers that six altcoins are ahead of the cryptocurrency pack, including projects in the artificial intelligence (AI), memecoins and layer 1 sectors. “Memes are becoming more diverse, and AI is led by TAO. Whip, Bonk, Pepe. Sei and Sui are still strong. I wouldn’t really try to diversify outside of these leading packs until the market becomes very clear. “Be late for change when it is absolutely necessary.” Source: The Flow Horse/Telegram…
Rapper and producer Sean “Diddy” Combs hired the same lawyer as former FTX CEO Sam Bankman-Fried to represent him after he was indicted on racketeering and sex trafficking charges in New York. In a notice of appeal filed Monday, Alexandra Shapiro, a partner at Shapiro Arato Bach, was named as Combs’ attorney for the defendant. If the name sounds familiar, it’s because Shapiro has represented Bankman-Fried ever since he was discovered. feeling guilty Last year, a jury found him guilty on all counts for his role in defrauding investors. Prosecutors said Bankman-Fried orchestrated “the largest fraud of the last decade,”…
why we come together Every two years, the Ethereum community gathers at Devcon to collaborate and build toward a more holistic, trustworthy, democratic, and decentralized future. Devcon isn’t about hype or speculation. This is about creating a freer and more open society where technology enhances human potential and is consistent with our core values. Over four days, developers, community leaders, and changemakers will break out of their silos and come together to share knowledge, align on Ethereum’s future direction, and learn from one another. After Devcon, we dispersed back into our distributed lives, but the momentum we created fuels us…
NOT has surged 14.45% in the past week. Analysts expect a breakout of the falling wedge pattern and a 12.50% uptrend. Over the past two weeks, Notcoin (NOT) has made significant gains, hitting a downward wedge on the daily time frame. In fact, at the time of this writing NOT was trading at $0. 008772. This represents a surge of 5.22% over the past month. Likewise, this bullish trend expanded on the weekly chart with the coin gaining 14.45%. After hitting a low of $0.0069 on September 18, the altcoin soared for nine consecutive days before falling again. Therefore, it…