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Cryptography News
NullTX
22h
227
Image Credit: NullTX
$PROM Token Sees 5% Decline Amidst Withdrawal Activity On Binance
- The $PROM token experienced a 5% decline in value today.
- Significant withdrawal activity involving Wallet 0x3a2 was observed on Binance.
- Wallet 0x3a2 withdrew 49,999 $PROM from Binance at a price of $9.785 per token.
- Previous notable activity from Wallet 0x3a2 includes selling $PROM to Andrei Grachev.
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NullTX
23h
246
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Influencer Ranks BlockDAG at the Top of ICOs for 2024, Outperforming Healix and 5thScape
- BlockDAG emerges as the most promising ICO for 2024, outperforming Healix Protocol and 5thScape.
- BlockDAG raises $23.9 million in its presale phase, attracting attention from influential cryptocurrency influencers.
- Notable partnerships with companies like OpenAI, Google, and Tether set BlockDAG apart, ensuring strong mining rewards and decentralized safety.
- BlockDAG's strategic roadmap, extensive marketing materials, and continuous communication make it an attractive investment opportunity.
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Medium
23h
228
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Introducing Decentralized Chat
- A decentralized chat app has been introduced, allowing users more control over their data, privacy, and security.
- The app operates in the browser without a backend, utilizing self-generated and managed encryption.
- Decentralized authentication, profile management, encrypted messaging, chat interface, file transfer, and virtual reality capabilities are key features of the app.
- The app is still in the early stages of development and should not be considered encrypted or secure yet, but it is open for testing and demo purposes.
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Cryptonewsz
23h
44
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BlockDAG elevates its game with $23.9 million presale, leaving Dogecoin and Stellar in the dust
- BlockDAG raises $23.9 million in presale, outshining Dogecoin and Stellar.
- Dogecoin faces potential growth challenges despite its popularity and community support.
- Stellar focuses on cross-border payments and overcoming regulatory obstacles.
- BlockDAG's comprehensive roadmap and payment options position it as a promising cryptocurrency.
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Cryptoslate
1d
729
Image Credit: Cryptoslate
Tether partners with Swan to expand Bitcoin mining operations
- Tether has partnered with Swan's Managed Bitcoin Mining service to expand its Bitcoin mining operations.
- Swan's Managed Bitcoin Mining service allows institutional investors to commit a minimum of $100 million to the Bitcoin mining ecosystem.
- Tether plans to offer bespoke mining operations tailored to the specific needs of its clients.
- Tether is the largest stablecoin issuer and the seventh-largest BTC holder globally.
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17 Likes
Cryptopotato
1d
311
Image Credit: Cryptopotato
Cathie Wood-led Ark Invest Slashes Coinbase Holdings by $15.1M
- Cathie Wood-led Ark Invest has sold $15.1 million worth of Coinbase shares.
- The sale included 70,616 shares across three of Ark's ETFs.
- Ark Invest aims to limit exposure to any single stock in its portfolio to 10%.
- Despite Coinbase's strong earnings report, Ark Invest continues to rebalance its holdings.
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Cryptonewsz
1d
490
Image Credit: Cryptonewsz
OKX Ventures invests in Wild Forest, a pioneering Web3 RTS game
- OKX Ventures, a subsidiary of cryptocurrency exchange OKX, has invested in Wild Forest, a Web3 real-time strategy game.
- Wild Forest is a free, membership-free game that has gained popularity with its addictive PvP battles and token-based economy.
- The game has attracted a large user base, with approximately 18,300 daily users and 61,900 monthly users.
- OKX Ventures' investment in Wild Forest highlights the importance of blockchain projects and their potential in the gaming industry.
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Cryptoslate
1d
459
Image Credit: Cryptoslate
Bitcoin’s 280% surge from cycle lows mirrors previous bull cycles
- Bitcoin has experienced a 280% surge from its cycle low of $15,500 in November 2022.
- There have been several healthy corrections during this bullish trend, including a 22% drawdown in March 2023 and a 23% retracement from the March 2024 peak.
- The current cycle low mirrors the recovery trajectory of previous cycles, with a similar 280% growth at this stage.
- These indicators suggest a positive outlook for the current Bitcoin cycle.
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3 Likes
NullTX
1d
165
Image Credit: NullTX
BlockDAG’s 25th Dev Release Introduces X1 Miner App: Anticipate 30,000x ROI
- BlockDAG pioneers crypto mining with its 25th Dev Release and introduces the X1 Miner app.
- The Dev Release aims to boost network efficiency and scalability by integrating advanced protocols.
- The X1 Miner app, launching on June 1st, will transform smartphones into efficient mining devices.
- BlockDAG's ongoing presale has seen significant growth, with over 5,350 miners sold and a 500% price increase.
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9 Likes
Cryptoslate
1d
253
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Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
- Core Scientific reported a $210.7 million net income for the first quarter.
- The company also reported $179.3 million in first-quarter revenue.
- Core Scientific earned 2,825 BTC through self-mining.
- The company is exploring alternative revenue streams and plans to convert 500 megawatts to high-performance computing.
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15 Likes
NullTX
1d
193
Image Credit: NullTX
The Leading 4 Cryptos: BlockDAG, KANG, DOGE, FLOKI
- BlockDAG, KangaMoon, Dogecoin, and Floki Inu are leading the race in the bullish cryptocurrency market.
- BlockDAG is revolutionizing blockchain technology with its DAG structure and projected 30,000x ROI.
- KangaMoon demonstrates resilience and growth potential with a 22% value increase within a week.
- Dogecoin has evolved beyond memes and gained broader acceptance in the cryptocurrency world.
- Floki Inu is gaining ground with a 13.5% value increase and effective marketing strategies.
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11 Likes
Cryptopotato
1d
185
Image Credit: Cryptopotato
Biden Admin To Kill Republican Bill Letting U.S. Banks Custody Crypto
- The Biden Administration intends to veto a Republican bill that would allow US banks to provide crypto custody services.
- House Resolution 109, which aimed to invalidate accounting guidance for banks offering crypto custody, passed through the House but did not receive a two-thirds majority.
- The White House stated that the guidance, Staff Accounting Bulletin 121, is important for protecting investors and the financial system.
- Critics argue that the guidance is prohibitive for banks and hinders the launch of crypto custody services.
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Medium
1d
182
Image Credit: Medium
OWASP A02: Cryptographic Failures.
- Cryptographic failures, such as the use of weak algorithms like MD5, can lead to the compromise of sensitive information and systems.
- Examples of cryptographic techniques include hashing and digital signatures, which provide data protection, authentication, and access control.
- Common applications of cryptography include data protection, authentication and access control, and financial transactions.
- To prevent cryptographic failures, secure implementation, robust key management, continuous monitoring and updates, and security awareness and training are necessary.
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10 Likes
Zycrypto
1d
295
Image Credit: Zycrypto
AI Tokens Take The Baton From Memecoins To Lead A Market Resurgence
- AI-themed tokens lead the cryptocurrency market resurgence.
- AI-based RNDR records the largest gain of over 40% in a week.
- Other AI-themed tokens, such as Fetch.ai, Bittensor, and SingularityNet, also experience double-digit gains.
- Memecoins, like Dogecoin and Shiba Inu, see mixed performance and potential decline.
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Cryptoslate
1d
231
Image Credit: Cryptoslate
Robinhood crypto trading volume up 224% YoY to $36 billion in Q1
- Robinhood reported $36 billion in crypto notional trading volume during the first quarter of 2024, a 224% increase year over year.
- Record net revenues of $618 million, up 40% year over year, were reported.
- The net income for the first quarter was $157 million compared to a net loss of $511 million during the same period last year.
- Robinhood received a Wells Notice from the SEC regarding its crypto unit, but the company affirmed its commitment to providing access to cryptocurrencies for consumers.
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