LBANK INFO CRYPTOCURRENCY

Solana (SOL) has experienced an exceptional uptrend, with a staggering year-to-date (YTD) surge of 652%. However, the recent surge in meme coins has further amplified the blockchain’s growth narrative.  Solana-based tokens such as dogfight (WIF), Bonk Inu (BONK), and Boof of Meme (BOME) have witnessed remarkable growth rates of 574%, 3200%, and 49%, respectively, according to CoinGecko data .  Nevertheless, this unprecedented meme coin mania has its fair share of ramifications, including increased transaction failures, rising transaction fees, and the dominance of bot-driven activities. Meme Coin Ecosystem Faces Challenges The surge in meme coin popularity is evident through the rise in decentralized exchange (DEX) and meme coin volume on Solana. On March 16th, major meme coins like BONK, WIF, TREMP, BODEN, and BOME recorded a cumulative volume of $1.33 billion. This surge in trading activity highlights investors’ significant interest and participation in the Solana meme...

On March 19, Trezor’s X suffered a security breach that exposed the account’s 200,000 followers to a fake crypto presale. After the alarms were raised, most crypto users stayed vigilant while the hardware wallet company regained control. Trezor’s team recently published a preliminary report addressing the concerns. The post also explained the elaborate phishing scam that bypassed the company’s security measures. Is Trezor’s “Unwavering Security” Still Protecting Your Crypto? After gaining control of the account, the hacker posted a fake presale address for a $TRZR token. Disguised as an “initiative” to help the Slerf community, the post offered a “separate bonus airdrop” from a website linked in the post that redirected to a wallet drainer. After Trezor regained control of the account, X users expressed their worries about the incident and suggested that the hack was a “bad look” on the security-focused company. However, the company guaranteed that they had “robust security measu...

In a significant development, spot Bitcoin exchange-traded fund (ETF) manager WisdomTree, has been granted a trust company charter by the New York State Department of Financial Services (NYDFS), marking another regulatory victory for the company following its ETF approval by the US Securities and Exchange Commission on January 10.  This regulatory win allows the company to operate as a limited-purpose trust company under the New York Banking Law, clearing the path for the asset manager to launch its highly anticipated crypto app in New York. WisdomTree Receives NYDFS Trust Company Charter The NYDFS trust company charter authorizes WisdomTree to provide fiduciary custody services for digital assets, including digital wallet services. The firm is also authorized to issue and exchange DFS-approved stablecoins and manage stablecoin reserves .  Jonathan Steinberg, the Founder and CEO of WisdomTree, expressed the significance of the NYDFS approval, stating: The New York...

As the crypto bull market rolls around once more, top meme coins Dogecoin and Shiba Inu have started vying for the position of best performer once again. The year 2024, despite only being three months in, has already been incredibly interesting in this regard as both meme coins rally to new yearly highs. Dogecoin Vs. Shiba Inu Price Performance Taking the year 2024 into account, it seems that Shiba Inu is finally winning the top meme coin battle against Dogecoin. A comparison of prices at the start of the year and now shows that Dogecoin has performed poorly compared to Shiba Inu. To put this in perspective, the Shiba Inu price started out the year around $0.000009 and then surged more than 400% in March to $0.000044. The price has since retraced since this and returned to the $0.000027 level where it is currently trading now, still a more than 150% increase from where it started the year. In comparison, the Dogecoin price started 2024 at around $0.08 and then rallied to $0.2 in...

Lets say you have a 24 word seed bitcoin wallet. And then you add a password that's 96 characters long. Does that make it twice as hard to geuss? Is this new private/public key generated completely unique to one that might be generated only via using 12/18/24 keywords? or is it possible to get the same public/private address via a 24 keyword seed & a 24 keyword seed w/ a 25th word password from Recent Questions - Bitcoin Stack Exchange https://ift.tt/10iErRo via IFTTT

In recent findings, an investigation by the United Nations has illuminated the extent to which North Korea has leveraged cyber activities such as crypto hacks to “bolster” its economy and further its weapons development programs. The report spans from 2017 to 2023 and details a series of cyberattacks targeting crypto-related firms. It highlights the approach of the Democratic People’s Republic of Korea (DPRK) as it targets the nascent industry. Crypto Loot Fuels Foreign Earnings The UN revealed that North Korea has participated in cyber operations deemed “malicious” to secure roughly half of its foreign currency earnings, which support its weapons development initiatives. The panel noted, citing information from “one member state”: The malicious cyberactivities of the Democratic People’s Republic of Korea (DPRK) generate approximately 50 percent of its foreign currency income and are used to fund its weapons programs. Particularly, with an estimated loss of $3 billion attribu...

In a recent development, Seychelles-based firm OKX, one of the largest cryptocurrency exchanges in the world, has announced the shutdown of its services in India.  According to recent reports , the decision comes in response to regulatory hurdles faced by the exchange in the country. Users were notified of the closure through a notice sent on Thursday, stating that OKX “is no longer providing services to the users in India” due to local regulations. OKX Announces Exit From Indian Crypto Market The notice from OKX urged users to take specific actions before the deadline. Users were instructed to close all margin positions, including perpetual, futures, and options contracts, and redeem funds from staking products.  Additionally, users were advised to withdraw all funds from their accounts. After April 30, 2024, at 2 AM UTC, account functionalities would be restricted, although fund withdrawals would still be permitted. OKX’s decision to exit the Indian market follows the...