Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would […] Source CryptoX Portal
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Este artículo también está disponible en español. Dogecoin is currently trading around $0.31, a level that has left investors in a state of uncertainty. The price has been stagnant, neither breaking down nor rallying, as it consolidates and prepares for what could be a significant move. This period of indecision has fueled speculation among DOGE enthusiasts, with many wondering if the popular meme coin is poised for a breakout or further decline. Related Reading Adding to the intrigue, crypto analyst Ali Martinez recently shared key data suggesting a potential bullish…
The FBI and other agencies linked a group of North Korean threat actors, known as ‘Tradertraitor,’ to May 2023’s $308 million hack of DMM, a Japanese exchange. The hackers used social engineering to access internal communications and perpetrate the attack. FBI Unveils Korean Connection in DMM Multi-Million Hack The Federal Bureau of Investigation (FBI) in […] Source
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI). From Crypto to AI: Hive Digital’s $30M Leap This week company noted that it has invested $30 million in Nvidia H100 and H200 GPU clusters, enabling […] Original
Data reveals that Bitcoin’s total circulating supply has surpassed the 19.8 million mark, a notable milestone as the cryptocurrency edges closer to its maximum supply cap of 21 million. 19.8 Million Bitcoin Mined, Less Than 1.2 Million Left Bitcoin’s supply mechanism has always been one of its defining features, with its capped issuance ensuring scarcity. […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme tokens like DOGEN redefine crypto wealth, turning small investments into massive gains, unlocking the potential for $100 to grow into $1 million. Bitcoin has long dominated the crypto scene, but a new breed of digital coins is stealing the spotlight. These meme-inspired tokens are making waves by turning tiny sums into massive fortunes. Discover how a simple $100 investment in these unconventional assets could blossom into $1 million,…
The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes after the execution of 22 search warrants and the detention of 10 individuals connected with these operations. Argentine Authorities Hit Rainboex […] Source CryptoX Portal
According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years. At the current price of $94,410.82, 295.3 Bitcoins (BTC) stand at roughly $27.8 million. Yujin explained that some of the BTC sold in the recent dip are likely from the funds raised around the time of Cosmos’ Initial Coin Offering in 2017 when the project received high-value contributions in BTC and Ethereum (ETH). This new transfer is not the only one that Cosmos developers have…
Este artículo también está disponible en español. Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs (ATH) does not appear to bother Metaplanet, as the Tokyo-listed firm made its largest BTC purchase to date, buying 619.7 BTC worth $ 61 million at an average…