A widely followed crypto analyst says that Bitcoin (BTC) is on the verge of igniting steep rallies that could send the flagship digital asset to a new all-time high before the year expires. In a new video, pseudonymous analyst Credible Crypto tells his 343,200 Twitter followers that Bitcoin is currently witnessing a five-wave uptrend. Specifically, …
Monthly archives: July 2023
Zero-knowledge proofs, explained
ZK-proofs allow a prover to persuade a verifier of a statement’s veracity without disclosing any information about the assertion itself. The prover and verifier interact in multiple rounds of the protocol, and in the conclusion, the verifier develops confidence in the veracity of the claim without learning any additional information about the secret. Let’s use …
Coinbase CEO says SEC told it to delist everything but Bitcoin: Report
Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. News Join us on social networks Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin (BTC), according to CEO Brian Armstrong. In …
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Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO
Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility. News Join us on social networks Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls. On July …
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Ethereum logs $1M MEV block reward amid Curve Finance exploit
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. News Join us on social networks The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH). On July 31, Ethereum core …
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SEC Asked Coinbase To Halt All Crypto Trading Barring BTC
The SEC reportedly asked Coinbase to halt trading in all cryptocurrencies except for Bitcoin. The regulator’s recommendation came before it sued the crypto exchange last month. CEO Brian Armstrong revealed that he declined the SEC’s directive in the interest of the country’s crypto industry. The SEC stated that its enforcement team never made any formal …
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Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. News Join us on social networks Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams. The …
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Trading Volume of Coinbase’s Base Tops $200 Million Thanks To Memecoin Degens
Coinbase’s Layer 2 blockchain Base’s trading volume has exceeded $200 million. The layer 2 blockchain has recorded more than half a million transactions over the past 24 hours. The sudden surge in network activity can be attributed to new tokens like OPTISM, BASED, and meme tokens like BALD. Crypto degens have made more than 1000x …
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36 Nations Are Conspiring Against US Dollar With New Gold-Backed Currency: Robert Kiyosaki
The author of the personal finance best-seller Rich Dad Poor Dad says dozens of countries are colluding to conjure a new currency that could stand up against the US dollar. Robert Kiyosaki tells his 2.4 million Twitter followers that he believes BRICS is clearly spearheading a movement to create a new currency that will be …
Tether (USDT) Hits New All-Time High in Market Cap After Printing $1,500,000,000 in Net Profit: IntoTheBlock
Tether (USDT) is seeing its market capitalization rise to new all-time highs as the company behind the top stablecoin generated billions of dollars in profits earlier this year. Analytics firm IntoTheBlock says that USDT’s market cap is rapidly approaching the $84 billion level after starting the year at just $66 billion. IntoTheBlock adds that Tether’s …
BNB Smart Chain hit with copycat Vyper attack, $73K exploited
While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar “copycat” exploits, according to BlockSec. News Join us on social networks The BNB Smart Chain (BSC) has reportedly suffered copycat attacks due to a vulnerability in the Vyper programming language, following a similar vein to …
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Ethereum’s 8th birthday: Crypto industry shares its top moments
Today marks eight years since the Ethereum Foundation first announced the rollout of its network. News Join us on social networks The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since when the Ethereum Foundation first sent the network live. On July 30, 2015, former Ethereum …
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Here’s How Long The Majority Of New Ethereum Wallets Are Used Before They’re Dumped
Ethereum is currently the leader in decentralized finance, non-fungible tokens, and smart contracts, and it continues to maintain its position as the dominant cryptocurrency in the altcoin market. This has led to Ethereum having the highest rate of creation of new addresses when compared to the other blockchains. However, data suggests most of these new …
Shibarium Hype: Shiba Inu Whales Boost Appetite, Snag 1 Trillion SHIB Tokens
Shiba Inu, one of the well-known alternative coins on the cryptocurrency market, has seen its price rise dramatically over the past week. This increase in value can be primarily attributable to whale activities, which have significantly improved the performance of the meme coin. Shiba Inu has distinguished itself among the many alternative cryptocurrencies with a fantastic …
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Ripple Report Foresees Blockchain Saving Financial Institutions $10 Billion By 2030
Blockchain technology is continually reshaping the financial industry, offering promising transformations in transaction processing. Its potential is immense, as outlined in a recent report by digital payment network Ripple in collaboration with the United States Faster Payments Council (FPC). The report presents a robust case for blockchain’s role in expediting payment systems and the ensuing …
