LBANK INFO CRYPTOCURRENCY

Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000. from Cointelegraph.com News https://ift.tt/WiPbxgT via IFTTT

Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. from Cointelegraph.com News https://ift.tt/5R2TZWt via IFTTT

Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity. from Cointelegraph.com News https://ift.tt/SnB8lpq via IFTTT

On July 31, an anonymous whale controlling an Ethereum Name Service (ENS) domain reemerged, reclaiming 39,712 ETH valued at approximately $74 million. The mysterious whale, only identified through his associated ENS address “darknet.eth,” also moved 63,734 ETH, worth roughly $119 million, to a new wallet address. ENS Whale Moves Millions Worth Of ETH This sudden transfer is more than two years after the founder of ENS, Nick Johnson,  disclosed that the vast ETH stash had been deposited during the first two years of ENS’ operation. It was launched in May 2017 by two Ethereum Foundation developers, Nick Johnson, and Alex Van de Sande.  The protocol has gained popularity as a domain name service on the Ethereum mainnet. With user-friendly naming systems, it facilitates mapping long public addresses used for receiving cryptocurrencies, including ETH and its tokens. With the whale activating his address and transferring substantial funds, Nick Johnson  directed  the anonymous ENS holde

Zero-knowledge (ZK) proofs allow for proving a statement’s truth without revealing any information beyond its validity. from Cointelegraph.com News https://ift.tt/gXiPGtR via IFTTT

The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. from Cointelegraph.com News https://ift.tt/3NaP4gb via IFTTT

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. from Cointelegraph.com News https://ift.tt/3UMnlEG via IFTTT

Today marks eight years since the Ethereum Foundation first announced the rollout of its network. from Cointelegraph.com News https://ift.tt/6CWtZo1 via IFTTT

HERO RUPEE LOAN CUSTOMER. CARE. HELPLINE NUMBER•||*7660 841009}{8250 170391call me from Recent Questions - Bitcoin Stack Exchange https://ift.tt/lOBn1rM via IFTTT

A United Kingdom court has handed down sentences to two crypto fraudsters who were found guilty of luring potential investors with attractive promises of high returns and subsequently defrauding them of their funds. Ross Jay and Michael Freckleton have been sentenced to six years and three months, and six years and six months, respectively, by the Southwark Crown Court. Their conviction was related to a conspiracy to defraud in connection with a long-running crypto scam that dates back to 2015. The scam centered around a fictitious cryptocurrency named “Telecoin,” for which Jay and Freckleton masterminded a deceptive sale of shares to unsuspecting victims. Fraudsters Exploiting Crypto Novices In a statement by the City of London police, the duo proactively approached potential investors with an enticing proposal, asking, “How would you like to invest in a cryptocurrency called ‘Telecoin’?” Under the façade of a company called Digi Ex, their operations involved reaching out to pot

Among the 300 payment leaders surveyed across 45 countries, 97% believe that blockchain will play a crucial role in faster payment systems within the next three years. from Cointelegraph.com News https://ift.tt/9LTCRXe via IFTTT

As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recently vocalized concerns regarding these potential clashes in the field of distributed ledger technology and nonfungible tokens (NFTs). The primary point of contention lies in the restrictive guidelines of Apple’s App Store . The lawmakers, in a recent letter to Apple CEO Tim Cook, raised questions about the possible stifling effect of these guidelines on these burgeoning sectors of tech innovation. Concerns Over ‘Lite’ Versions Of Crypto Apps According to the representatives, Apple’s guidelines seem to have been used to both capitalize on and diminish the functionality of crypto apps by forcing the creation of “lite” versions.  The letter to Cook highlighted the case of ‘Axie Infinity’, a popular game that utilizes blockchain technology. The game’s

As crypto-assets continue to rise in global relevance, the focus on effective regulatory frameworks becomes increasingly important. In a bold development, India’s Supreme Court is taking an active role in seeking solutions in this sphere. The apex court has expressed concerns about the current lack of regulatory clarity, urging the Union Government to act more decisively in establishing firm cryptocurrency legislation. According to a report from the Hindustan Times, the justices have openly questioned the government’s approach towards the nascent sector. The Supreme Court justices are pressing the government to create a national-level agency for investigating crypto-related criminal cases. Clamor For A National-Level Regulatory Body In a direct interaction with the Union Government, justices Surya Kant and Dipankar Datta voiced their concerns, saying, “You still don’t have any law, unfortunately.” The justices underscored the need for a centralized agency that would comprehend the

Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations. from Cointelegraph.com News https://ift.tt/hFmVpP9 via IFTTT

Bitcoin exchanges see the largest one-day exchange BTC inflow since the Silicon Valley Bank collapse. from Cointelegraph.com News https://ift.tt/JNk3wbV via IFTTT

In a move to address growing concerns over money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country must comply with anti-money laundering (AML) regulations. This development marks a significant step in the Peruvian government’s efforts to regulate the cryptocurrency ecosystem and safeguard its financial system from illicit activities. Related Reading: Crypto.com Pushes Ahead Of Binance With Registration Approval In The Netherlands Mandatory Disclosure Of Crypto Holdings For Service Providers  According to the decree, virtual asset service providers, which include both individuals and companies operating within Peru, are now required to report information to the Financial Intelligence Unit (UIF-Peru). The UIF-Peru is responsible for receiving, analyzing, and transmitting information for the detection of money laundering and terrorism f

Hester Pierce, commissioner of the United States Securities and Exchange argued that full transparency should not come at the cost of compromising good-faith efforts. from Cointelegraph.com News https://ift.tt/1e62fGJ via IFTTT

In a recent televised interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concern about the alleged prevalence of fraud and manipulation in the cryptocurrency market. Related Reading: Flashbots On Ethereum Becomes A Unicorn With $60 Million Series B Round Gensler’s remarks come as BlackRock and other investing giants have filed spot Bitcoin (BTC) Exchange-Traded Funds (ETF) applications, primarily based on surveillance sharing agreements with Coinbase.  The SEC has not approved any spot Bitcoin ETFs, citing market manipulation and investor protection concerns. Spot Bitcoin ETFs Encounter Potential Roadblock In the interview, Gensler highlighted the combinations of different market functions on crypto trading platforms, which are prohibited in traditional financial exchanges for conflict of interest and investor protection reasons.  He also noted that while some crypto tokens come under securities laws, the trading platforms may not

The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022. from Cointelegraph.com News https://ift.tt/wvf4gxy via IFTTT

The Chicago Mercantile Exchange (CME) Group, which operates a derivatives marketplace, published a report  on July 26 discussing the potential dynamics between Bitcoin and Ethereum in the context of the upcoming 2024 halving event. According to the report’s author, Erik Norland, who serves as CME Group’s senior economist, Ethereum might outperform Bitcoin even if BTC rallies after its halving. This event cuts its issuance in half.  Ethereum And Bitcoin Correlation Before Halving The CME Group is analyzing the correlation between Bitcoin and Ethereum months before halving, an event whose ripple effects would likely be felt across the market considering Bitcoin’s capitalization and status. Historically, Bitcoin halving events have supported BTC prices while also lifting altcoins in the process.  Bitcoin has been, in recent years, moving independently and emerging as a distinctive asset class, its high correlation with altcoins, especially legacy coins like Ethereum, has seen its expa

BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday. from Cointelegraph.com News https://ift.tt/68Zx1sC via IFTTT

An executive for on-chain analytics firm Chainalysis was the source of controversy following a recent statement. According to a court filing , the company’s Director of Investigation Solutions for government applications, Elizabeth Bisbee, provided testimony in the case against Roman Sterlingov. The alleged leading operator of Bitcoin Fog, a platform accused of enabling money laundering services via the cryptocurrency. Sterlingov is accused of money laundering, fraud, and other alleged criminal activities, and the crypto analytic platform is playing a pivotal role in supporting the case against the defender. Chainalysis Methodology Under The Spotlight Bisbee was a former agent of the Drug Enforcement Administration (DEA) and their department for cryptocurrency investigations. The executive has been working with the crypto company since 2021 and spoke to the court about its methodology and the validity of its tools. Chainalysis uses different services and tools to dive deeply into t

The FTX co-founder may be able to face one less charge relating to his alleged mismanagement of the cryptocurrency exchange. from Cointelegraph.com News https://ift.tt/lF2s1f0 via IFTTT

Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day. from Cointelegraph.com News https://ift.tt/kEWzg1t via IFTTT

Crypto lawyer and XRP advocate John Deaton has put forward a viewpoint , underlining that either of the U.S. Securities and Exchange Commission’s (SEC) probable routes of action in its case against payment company Ripple could significantly influence the future of the crypto landscape. Deaton’s assertions shed light on the situation’s complexity and the potential impact of the SEC’s final decision. Potential SEC Paths: Unique Case Argument Or Acceptance Of Verdict? According to Deaton, the SEC might opt for one of two directions in the aftermath of the SEC vs. Ripple case . One potential route could involve arguing “facts and circumstances” to present XRP’s case as unique. I believe this is he biggest and hottest debate at the SEC and I believe there are Senior SEC officials who are split on what to do. Some will say don’t appeal and the SEC can argue “facts and circumstances” and that XRP is a unique story, one not shared by other tokens. If you… https://t.co/mIA64MwZvd — John

The law will officially enter into force at a date determined by Namibia’s Ministry of Finance. from Cointelegraph.com News https://ift.tt/2oyJFKn via IFTTT

Messari data reveals that Coinbase Custody is currently the largest validator or “Baker” in the Tezos network. According to their Q2 2023 report , Coinbase Custody controls 15% of the total validator nodes and stakes XTZ, Tezos’ native currency, on behalf of its clients. Other significant validators in the network include Everstake, PoSDog, stakefish, and Kraken, with 6%, 5%, 3%, and 3% control, respectively. Coinbase Custody Is The Top Baker In Tezos Notably, prominent centralized platforms and exchanges, including Coinbase Custody and Kraken, are among the top validators responsible for verifying block transactions and ensuring network security. Binance, specifically, holds 1% of the validator distribution, as reported by Messari.  Leading cryptocurrency exchanges like Binance and Kraken operate validator nodes and have been reported to be operating staking nodes, earning rewards on behalf of delegators from proof-of-stake networks, including Tezos. While their involvement could

KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some "personnel adjustments" in the future. from Cointelegraph.com News https://ift.tt/Q2y1s8I via IFTTT

In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community has eagerly anticipated the SEC’s next move.  A pro-crypto lawyer, James Murphy, has outlined four potential options the SEC may consider in response to Ripple’s partial legal victory. Will The SEC File For Interlocutory Appeal Against Ripple? The first option involves the SEC filing a request for interlocutory appeal. Since no final judgment has been entered yet, the SEC does not have the unilateral right to appeal. Instead, it would need permission from both Judge Torres and the 2nd Circuit Court of Appeals to proceed with an interlocutory appeal.  To obtain permission, the SEC must show that the ruling involves a controlling question of law, that there are substantial grounds for a difference of opinion, and that an immediate appeal may materially advance the litigation. According to Murphy, the second option involves the SEC going through with a trial on the

The Nasdaq (NDX) retreated last week, leaving behind a nasty looking candle. However, when measuring the underlying trend strength, tech stocks could have a lot more to go. And if that’s the case, it could be bullish for Bitcoin according to a new historical comparison. The Nasdaq (NDX) Gives Back Recent Gains Ahead Of FOMC Meeting The Nasdaq is down more than 3% from the 2023 high set last week as traders took profit and repositioned ahead of Wednesday’s FOMC meeting. At the meeting, the US Fed is widely expected to introduce yet another 25-basis point rate hike. The rising interest rate environment of 2022 sent stocks and cryptocurrencies into a bear market. The idea of a Fed pause helped markets recover throughout the year. Resuming rate increases so soon could be damaging to the recent market rebound. However, the bullish trend might be too strong at this point to stop the Nasdaq, a top US tech stock index, from reaching a new all-time high. This is according to the weekly Aver

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. from Cointelegraph.com News https://ift.tt/r6RePyz via IFTTT

According to data from L2Beat, the total value locked (TVL) of Base, a layer-2 scaling solution for Ethereum utilizing optimistic rollups, is up 53%. As of the latest figures , the TVL stands at $952,000 as various assets, mainly Ethereum (ETH), are tied up in the layer-2 protocol. Base Rapidly Growing The platform’s rising popularity among users can be attributed partly to the backing of Coinbase, one of the world’s largest cryptocurrency exchanges, which lends credibility. At its current pace of growth, Base has emerged as the fastest-expanding layer-2 protocol within the Ethereum ecosystem. Only Zora Network, another layer-2 competitor backed by Coinbase, matches Base’s growth with a TVL of $1.8 million as of July 24. Additionally, Starknet, a layer-2 platform utilizing zk Rollups, has experienced rapid growth, recording a 28% surge in TVL, now at $128 million. Base’s increasing TVL coincides with a sharp contraction in Arbitrum, the most popular layer-2 platform on Ethereum by

“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. from Cointelegraph.com News https://ift.tt/ES6FA0P via IFTTT

One pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping. from Cointelegraph.com News https://ift.tt/H4Kbmg6 via IFTTT

The anonymous Bitcoin whale is up over 600,000% from their 2011 purchase of BTC at $4.92. from Cointelegraph.com News https://ift.tt/DVsaP3E via IFTTT

Blockchain intelligence platform TRM Labs revealed that Tether (USDT) on the Tron network was being used for most of the transactions. from Cointelegraph.com News https://ift.tt/zkUNjRg via IFTTT

Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. from Cointelegraph.com News https://ift.tt/Fy0qDBp via IFTTT

I read the discrete log Wikipedia entry. If i understand it correctly, then there might be a shortcut. There are multiple shortcuts for getting P and Q in RSA public keys. They are all ifs, not definites. I can only work with 4 digit numbers effectively in my head. Also, google is the last place i would sell to, tied with US government. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/U9ARr1O via IFTTT

According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security. from Cointelegraph.com News https://ift.tt/9tjbZBn via IFTTT

I have a few questions regarding wallets and BIP44/49/89 standards. In many places I found that BIP44 is used for traditional addresses (P2PKH) and that the path is m/44'/... . Also, if we want another type of address, say P2WPH, then we use different standard, it this case BIP84 and the path m/84'/... . And so on... One of the places I found it would be the following answer: link . Second place: link By this logic, the xprv and xpub prefixes used previously then indicate that legacy addresses should be made. Hence BIP 44 shows xprv. So I started to think that way too. That is, the type of the address is determined by the standard used. So: BIP44 - traditional addresses (P2PKH), XPUB (it's defined in BIP32 but used here), m/44'/... derivation path BIP49 - P2WPKH-nested-in-P2SH, YPUB, m/49'/... derivation path BIP84 - P2WPH, ZPUB, m/84'/... derivation path That's what I thought until I looked at golang's implementation of bitcoin wallet .

Twitter has not yet specified what the daily DM limits will be, and the move hasn’t been received well by both verified and unverified users. from Cointelegraph.com News https://ift.tt/v2bH4S6 via IFTTT

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology. from Cointelegraph.com News https://ift.tt/TO8CKsu via IFTTT

After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization. from Cointelegraph.com News https://ift.tt/XMpTKjY via IFTTT

In March 2021, Twitter co-founder Jack Dorsey auctioned off his first tweet as a non-fungible token (NFT) for $2.9 million. The NFT, technically a digital certificate of ownership, was purchased by Sina Estavi, the CEO of Malaysia-based cryptocurrency company Bridge Oracle. Estavi had plans to sell the NFT for $48 million and donate half of the proceeds to charity. However, the NFT has since lost almost all of its value. As of July 20, the highest bid for the NFT is just $3.82, according to data from  OpenSea , one of the world’s largest NFT marketplaces. Further details reveal that the highest bid received recently was $47.78.  Jack Dorsey’s Tweet-Turned-NFT Plunges By 99% As the bids trend show, most traders or collectors think the NFT is worth far less than its original purchase price going by the value of submitted bids. For instance, in May, the highest bid was $13.19. The latest submission on July 19 at $3.82 reveals how the general NFT trading and collector community perceiv

Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX. from Cointelegraph.com News https://ift.tt/aHnDlrP via IFTTT

Some of ChatGPT's responses have shown the model's accuracy deteriorated over the last few months and researchers can't figure out why. from Cointelegraph.com News https://ift.tt/4tlxhQM via IFTTT

Please. My blockchain.com trading account is associated with another wallet. I have my 12 digits phrase , wallet ID . When I tried to login using my email, I also found out that I have multiple wallet ID which are linked to my email but none of the ID happens to be the initial wallet ID which happens to have my bitcoin in it. Please! Any chance I can still access or retrieve back my bitcoins ? Regards. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/FzMDNSi via IFTTT

After purchasing $1.5 billion worth of Bitcoin in 2021, Tesla sold 75% of it in 2022 and is now hanging onto its remaining $184 million Bitcoin stash. from Cointelegraph.com News https://ift.tt/9cLVUpa via IFTTT

ASIC had previously suspended FTX's license to operate in Australia, now the securities regulator has canceled it entirely. from Cointelegraph.com News https://ift.tt/Tgyj2ri via IFTTT

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. According to a report , an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 billion). A cryptocurrency was found to be at the core of the operation, facilitating the illicit activities. The police stated: Preliminary investigation of this online gambling case, the amount involved in the case reached 4000 billion, there were more than 5 people involved, the server was set up overseas, the method of fund laundering used the most difficult virtual currency, and the main backbone of the case may be overseas. This development signifies a notable milestone in China’s continuous efforts to crack down on illicit activities involving cryptocurrencies. The government has been progressively strengthening regulations on crypto trading since 2017. Investigation Into

Llama 2 is trained on 40% more public data and can process twice as much context than Llama 1, according to Meta. from Cointelegraph.com News https://ift.tt/T96vy2E via IFTTT

Judge Katherine Polk Faila of the U.S. District Court for the Southern District of New York recently  held  a pre-motion conference regarding the Securities and Exchange Commission’s (SEC) lawsuit against Coinbase. In their lawsuit filed in early June 2023, the regulator claims Coinbase violated securities laws by listing certain digital assets on its platform that they deem as securities. Coinbase versus SEC Pre-motion Conference However, during the conference on July 13, Judge Faila questioned the SEC’s ability to safeguard United States investors engaged in crypto. Specifically, she expressed concern that the SEC’s definition of a security might be “too extensive,” potentially leading to many digital assets being classified as securities.  The Judge also inquired about how the SEC intends to effectively communicate its definition of a security to the public, given the ambiguity of the Howey test, which the SEC employs to determine whether a digital asset qualifies as a security.

Celsius Network has gone public with another development that adds to the troubles of the bankrupt crypto lender. This time around, the bankrupt crypto firm is selling one of its core platforms, but at a significant loss, with the proceeds not even going to creditors once again. Celsius Network Agrees To Sell GK8 The GK8 platform is one of the Celsius Network’s highest purchases during its operational time. Back in 2021, the crypto lender purchased GK8, a self-custody platform, for a total of $115 million. This was at a time when the platform had not shown any signs of trouble and business was still booming. However, less than a year after buying the platform, the crypto lender filed for bankruptcy, with a hole in its balance sheet running into billions of dollars. Now, a year later, the crypto lender is still deep in the throes of bankruptcy proceedings and has agreed to sell the GK8 platform. In a court filing submitted on July 17, Celsius reveals that it has now reached a settl

The recent ruling in favor of XRP has dispelled any negative regulatory challenges it had been facing, resulting in a head-turning rally over nearly 100% in 24 hours. Enough people are now paying attention to Ripple’s cryptocurrency, that it’s starting to pull capital from Bitcoin and Ethereum. And according to the charts of the three assets, XRP is poised to wildly outperform the two more dominant coins. XRP To Outperform Bitcoin and Ethereum After 6 Years Of Lagging Unlike Bitcoin and Ethereum, which enjoyed record-setting new highs in 2020 and 2021, XRP has yet to reach beyond its 2017 peak. That’s because in 2020 the United States Securities and Exchange Commission slapped Ripple and two of its top executives with a lawsuit alleging the sale of unregistered securities. With those storm clouds now gone, it could be clear skies for XRP. The cryptocurrency, now ranked 4th by market cap, rallied nearly 100% in hours following the landmark ruling. The fact it could have more catch

Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. from Cointelegraph.com News https://ift.tt/tkwFA3V via IFTTT

If I try to look at the txn in the genesis block, I get: root@0eef0ed7601c:/home/bitcoin# bitcoin-cli getrawtransaction 4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b error code: -5 error message: The genesis block coinbase is not considered an ordinary transaction and cannot be retrieved Is another way to get it to display? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/89l2reR via IFTTT

Florida Governor and U.S. Presidential candidate Ron DeSantis has voiced his opposition to the implementation of Central Bank Digital Currencies (CBDCs) in the United States.  In a recent statement , he declared that if elected as President, he would put an end to any plans for CBDCs in the country. CBDCs To Be Axed On Day One DeSantis cited concerns about the potential threat to American liberty, arguing that a CBDC would allow the government to monitor and control citizens’ financial transactions, including the ability to prohibit purchases of items such as fuel and ammunition.  He also suggested that the implementation of a CBDC would lead to the imposition of a social credit system in the country. To counteract this perceived threat, DeSantis and the state of Florida have passed a law that refuses to recognize CBDCs within the state. He believes that other states will follow suit, effectively preventing the Federal Reserve from implementing a CBDC through executive action. F