U.S. spot Bitcoin exchange-traded funds (ETFs) saw a net inflow of $88.06 million on Tuesday, marking the fourth straight day of gains.BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, led inflows yesterday with $55.43 million flowing into the fund. data SoSoValue followed with $51.91 million invested in Ark Invest and 21Shares’ ARKB fund.The largest net outflow came from Grayscale’s GBTC, which recorded negative inflows of $12.81 million. Bitwise’s BITB also reported a daily net outflow of $6.47 million, while eight other spot Bitcoin ETFs, including Fidelity and VanEck, saw no inflows at all.The total daily volume of the…
Author: Crypto Flexs
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The Solana protocol, originally designed to buy memecoins in the short term, has launched a new app that does the exact opposite, allowing users to long tokens that have been sold in large quantities in the short term. In an August 20 post, the Dumpy.fun protocol, named after the highly profitable Solana memecoin distributor pump.fun, announced that it would be launching a short squeeze tool called “squeezy.lol” next week on August 27. The short-selling platform said the new tool will usher in a “new era of PVP,” referring to the aggressive player-versus-player style of trading that Mimecoin promotes as an…
Jack Anderson 21 Aug 2024 06:20 DeepBook, the underlying liquidity layer of Sui, enhances the platform’s DeFi protocols by exploring new use cases including futures, lending, and payments. DeepBook, a native liquidity layer launched on the Sui blockchain last year, is set to revolutionize decentralized finance (DeFi) with a variety of new use cases. According to The Sui Blog, DeepBook’s functionality extends far beyond its current applications, with potential features including perpetual futures, lending, and payments.Enhanced DeFi FeaturesBuilt as a permissionless central limit order book, DeepBook functions as a neutral exchange with built-in mechanisms…
Digital asset investment funds saw another week of inflows last week, but the volumes were small, and this was the second week in a row that inflows were strong. In particular, investment funds attracted a net inflow of $30 million last week. One of the main highlights of the week was the strong performance of Bitcoin, which attracted the majority of inflows after being pushed out by Ethereum the previous week. Solana, on the other hand, experienced its largest outflow on record, mainly due to a decrease in trading volume of Solana-based meme coins. Bitcoin maintains market dominance Data on…
MEV bot operated by an individual using the pseudonym Jaredfromsubway.eth It has been revealed that a new arbitration and sandwich attack is being deployed that is generating millions of dollars in revenue. Ethereum -3.31% .According to a report from the MEV tracking site, as of August 14, Jared, named after a former Subway sandwich chain spokesman and convicted sex offender, appears to no longer be using his previous contract address. EigenPhi.“That said, that doesn’t mean Jared has stopped making sandwiches. Over the past two weeks, we’ve discovered a new MEV contract that’s been rife with all sorts of new on-chain…
Compromised browser extensions pose a serious threat to cryptocurrency users. Several Solana users have fallen for the Bull Checker extension scam. Users are encouraged to use key safety technologies. Malicious actors in the cryptocurrency industry have evolved over the past few years, becoming increasingly subtle and sophisticated in their attempts to exploit unsuspecting victims. What was once limited to overt phishing attempts and scams has now shifted to covert infiltrations, often facilitated by seemingly harmless but in fact dangerous compromised applications.The most recent threat is a malicious Chrome browser extension that has caused significant damage to several users, calling for…
Iris Coleman 21 Aug 2024 04:38 In the latest episode of the Public Key podcast, John Randles discusses how the Siren platform can help law enforcement crack down on international cryptocurrency crime. According to Chainalysis, in the latest episode of the Public Key podcast, Siren CEO John Randles sits down with Chainalysis CMO Ian Andrews to discuss how Siren’s investigative platform is revolutionizing the fight against international crypto crime. Integration of the digital battlefield The conversation delves into the challenges law enforcement faces due to outdated technology stacks that hinder their ability to investigate…
Company • August 20, 2024 4:46 PM EDT Posted 1 minute earlier ~ in Happy Tuesday! In today’s Daily, we look at the SEC’s rejection of the 19b-4 application for the Solana ETF, the Mango Markets DAO votes on the settlement proposal, and the US spot Bitcoin ETF sees its lowest daily volume in months. Let’s get started. SEC Denies Solana ETF Application According to reliable sources, the SEC has rejected Cboe BZX’s 19b-4 applications for two potential physical Solana ETFs, resulting in the ETFs being withdrawn from Cboe’s website. The move comes amid concerns that Solana should be…
A widely known crypto strategist is predicting a massive breakthrough for one decentralized finance (DeFi) low-cost altcoin. The Crypto Dog, an anonymous analyst, told his 810,200 followers on social media platform X that Synapse (SYN), a protocol that enables secure cross-chain communication, could soar by more than 75% from its current value. “I think I can see a dollar… It went down 10% and came back to the breakout level. I bought again. synonym“ Source: The Crypto Dog/X Synapse is trading at $0.566 at the time of writing, down 12.82% in the last 24 hours. This cross-chain network project was…
Jessie A Ellis 21 Aug 2024 02:29 NVIDIA has released Nemotron-4 4B Instruct, a small-scale on-device language model, to improve game character interactions in Mecha BREAK. NVIDIA has announced the release of Nemotron-4 4B Instruct, the first digital human technology miniature language model that aims to revolutionize the conversational abilities of game characters. The groundbreaking model is being demonstrated in a new multiplayer mecha game. Mecha BreakAccording to the NVIDIA blog, the game was developed by Amazing Seasun Games. The Nemotron-4 4B Instruct is specifically designed to run on GeForce RTX AI PCs, giving…