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2024-05-04

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Meanwhile, other prominent Twitter accounts are also digging previous interviews of SBF when he made controversial statements about his business. ENS, which stands for Ethereum Name Service, is a platform to simplify the cryptocurrency and decentralized financial experience by solving the problems brought by crypto wallet addresses. Buy Tether TRC20 for cash in SingaporeMultimillion-dollar funding rounds from Web3 companies have become the norm in 2023. EVE Online developer CCP Games raised $40 million in March to develop a new spinoff EVE game, and Hyperplay raised $12 million in June to further develop its distribution platform and Steam competitor.Oasys and GMO Media Join Forces to Introduce a New Verse on Oasys “We want to create the best case in blockchain and games, by combining the value created by the contents of games and the economy of in-game currency with tokenomics,” Lee added.

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Crypto companies reported no significant problems registering their business in Cyprus. In September, crypto-friendly brokerage firm eToro received a Crypto Asset Service Provider (CASP) registration from the CySEC, following ByBit, which received the same license in June. Bit Digital Faces Production Decline Due to Maintenance Outage What are the 4 best known cryptocurrencies?Source: PixabayDecentralized Finance (DeFi) platform Zunami Protocol has confirmed a price manipulation attack on its “zStables” stablecoin pools on Curve Finance, causing potential losses of over $2.1 million.The attack is the latest among the list of protocols affected by the recent vulnerability in the popular DeFi platform Curve Finance, which drained funds from a number of the protocol’s liquidity pools, exposing $100+ million worth of cryptocurrencies.The hacker in the Zunami Protocol’s exploit apparently took flash loan from balancer, blockchain security firm Ironblocks noted. The attacker, then added liquidity to change the price massively and started trading in Zunami’s exchange.Ironblocks wrote in a Tweet that the liquidity was later removed, which changed the price and finally traded back and returned the flash loan to get 1,1152 ETH.Fellow blockchain security platform PeckShield was quick to report the attack on Twitter, which immediately notified Zunami Protocol to take “necessary actions.”The attack netted the bad actor more than $2.1 million, carried out via price manipulation, “which can be exploited by donation to incorrectly calculate the price,” PeckShield wrote in a Tweet.PeckShield also noted that the stolen funds were sent to coin mixer Tornado Cash, which obscures the transaction path. This further complicates the efforts to track and recover the stolen funds.Curve Finance platform is still struggling to recover millions of dollars lost in an exploit and recently announced a bounty of $1.85 million to anyone who can identify the attacker.Zunami Warns Users to Refrain From Buying StablecoinsFollowing PeckShield’s warning, Zunami confirmed the attack and said that the “collateral remain secure.” The protocol instructed its users to refrain from buying either of the affected tokens – Zunami Ether (zETH) or Zunami USD (UZD) stablecoins – warning that the exploit is still being fixed.Soon after the confirmation of attack from Zunami, both the affected tokens plummeted sharply. UZD dropped 99% to nearly $0, losing its peg, while zETH fell by 89% to a low of $206. UZD is currently trading at $0.0118 at press time, according to CoinGecko.Zunami Protocol, a yield farming aggregator for stablecoin staking, has been promising the highest Annual Percentage Yield (APY) as a decentralized autonomous organization (DAO), with $5 million in Total Value Locked, according to its website.Zunami also promised users to diversify their stablecoin portfolio while avoiding any crashing risk. The price manipulation risk, however, has put a massive dent in Zunami’s reputation.SlowMist Reportedly Warned ZunamiXian Yu, founder of blockchain security platform SlowMist, said that their firm had identified the attack nearly two months before. The Zunami Protocol apparently received warnings from SlowMist, albeit unnoticed until the breach.Yu said that despite repeated warnings sent to the Protocol, “it was an unpleasant communication.”The decentralized nature of the DeFi ecosystem makes it a lucrative target for attackers, stressing on the importance of high security measures and timey actions on such vulnerabilities.Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Ethereum Foundation Attacked During 1,700 ETH Sale

KuCoin ($KCS) has witnessed an alarming crypto outflow of more than $116 million as the platform's proof of reserve declined in value. This development has led to high market sentiment as investor confidence dwindles. Despite KuCoin's challenges, InQubeta's ($QUBE) presale and Polygon's ($MATIC) performance have left Venture Capital investors (VCs) in awe of their performance. Polygon is a project that can handle thousands of transactions in seconds. The project connects and improves various blockchains. On the other hand, InQubeta is one of the top altcoins in the market due to its futuristic approach to Artificial Intelligence (AI) growth. In its ongoing presale, $QUBE has raised over $3.4 million in funding. The project fuses blockchain technology and AI to revolutionize the development of AI startups. This article discusses why InQubeta and Polygon have VCs in awe despite KuCoin's crypto outflow challenge. InQubeta ($QUBE): The AI-driven Crypto Offering Affordable And Unique AI Investment OpportunitiesInQubeta is an AI-based blockchain ICO that offers fractional investment in AI startups. The platform aims to democratize ownership and participation in AI's growth and advancement. The platform's distinct stance impressed VC investors as its presale drew the crypto community's attention. InQubeta is in stage 4 of its ten-phased presale with its token currently priced at $0.0133. The presale has garnered significant popularity, as over 380 million $QUBE tokens have already been sold. With over 86 million coins left for sale, this blockchain ICO's remarkable presale has so far raised over $3.4 million.Crypto enthusiasts seeking secure crowdfunding platforms have identified InQubeta as one of the best crypto investments. The project houses an NFT marketplace where all minted investments are displayed. AI startups use the $QUBE marketplace to raise funds and partner with investors. Investors can choose from various promising AI projects and earn rewards from investing in them.InQubeta emerges as one of the top altcoins in the market because of its deflationary nature. The $QUBE token has a 2% tax on all purchases going to a burning wallet. This mechanism helps $QUBE maintain its value over time. The project also has a 5% sales tax dedicated to a reward pool. This system allows investors to earn passive income through staking. Venture capital investors seeking the best crypto investment for the long term are flocking to the $QUBE presale. Polygon ($MATIC): The Token Offering Fast and Reliable Crypto Transactions Polygon is the internet of blockchains that aims to connect blockchain projects across various cryptocurrencies. This platform uses a structure that allows users to enjoy the benefits of an Ethereum ($ETH) blockchain through a unique proof of stake system. With $MATIC, investors can quickly carry out transactions at a low fee.$MATIC users can make decisions using their tokens to validate transactions. Polygon's price has recently experienced a significant spike. Polygon's price increase signifies a bullish turnaround, with VCs eager to invest.KuCoin ($KCS): Offering a Safe and Secure Crypto Trading Platform KuCoin is a popular cryptocurrency exchange platform for a variety of cryptocurrencies. The platform has raised concerns among investors owing to its sharp decline in value. The fall is evident with a crypto outflow of over $116 million. The platform's security issues led to its crypto outflow challenge, and many users have expressed reservations about $KCS' performance. $KCS allows users to buy, sell, or trade various cryptocurrencies. KuCoin provides affordable transactions and a unique encryption and storage system. Despite all of KuCoin's offerings, investors are seeking more secure and long-term alternatives.ConclusionKuCoin's crypto outflow has raised questions amongst investors in the market. The decline in volume is likely due to the need for more assurance. Meanwhile, InQubeta and Polygon are two assets that have defied the bearish market situation. $QUBE's advanced technology and unique offerings are among the reasons for its successful ongoing presale. The project is an innovative way for AI startups to acquire funding to build their technologies. $QUBE converges blockchain and AI to unlock new possibilities and accelerate progress in the AI industry. Venture capital investors have been impressed by InQubeta's dedication to building a solid community of crypto AI enthusiasts that will shape AI and crypto's future. Take advantage of the $QUBE presale now!Visit InQubeta Presale Join The InQubeta CommunitiesRipple Set to Release 1B XRP, While Traders Become Bullish on AI Altcoin Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC Best Hardware Wallets for Bitcoin and Altcoins-2023 EditionWith the passage of time, Dogecoin would see even greater adoption and widespread acclaim from the cryptocurrency community. Network latency, or the delay in data communication between nodes, further complicates matters. Slow network connections can cause errors in transaction order and validation by delaying the propagation of transaction information across the blockchain network.

Thus, the realized PnL in this trade is a net calculation less commission. This is also referred to as the trading position’s closing price. Project parameters Crypto Exchange C3 Raises $6M to Offer FTX AlternativeThe cryptocurrency landscape in the United Kingdom has witnessed a transformative shift with the introduction of comprehensive regulatory measures. In this article, we'll explore the nuances between authorized and unauthorized cryptocurrency exchanges, the regulatory authority overseeing them, and essential compliance guidelines, providing a more comprehensive understanding of the UK's crypto regulatory framework. General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.A Beginner’s Overview of 8 Blockchain Consensus Mechanisms

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