What are the 4 best known cryptocurrencies? - cyptoranking.com

2024-05-08

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Here Are 5 Games Building on Ethereum Scaler Immutable zkEVM Stacks (STX) What are the 4 best known cryptocurrencies?Returning to fintech in the 2010s, he was there on the ground floor with programmer Vitalik Buterin, computer scientist Gavin Wood and others in setting up the Switzerland-based non-profit organization the Ethereum Foundation in 2014. He reportedly supplied a large chunk of the startup cash for the Ethereum network — now the world’s second largest blockchain after Bitcoin — before an acrimonious Buterin-led split saw the founders go their separate ways. ETH Price

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Inflows into Ethereum stand at $10.2 million, showing "tepid appetite for the launch of Ethereum futures ETFs." According to the report, Bitcoin investments totalled $42.7 million. Cardano's ADA received the smallest portion of institutional funds last week - $0.2 million, the CoinShares report states. Source: PexelsThe team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement. In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor Authentication (2FA) password feature. This move aims to provide additional protection for users whose cell carriers or email services have been compromised.Friend.tech Users Will Have an Option to Setup Additional PasswordWith the new 2FA feature, Friend.tech users will now be prompted to set up an additional password when signing in on new devices. Importantly, neither the Friend.tech team nor the Privy teams will have the capability to reset these passwords, underlining the need for users to exercise caution when using this feature.The decision to bolster security comes in the wake of a string of SIM-swap attacks that have plagued Friend.tech users since September. The attacks have raised concerns and drawn criticism from some quarters regarding the platform's initial response.Slow Mist founder Yu Xian tested the 2FA mechanism and shared his experience on Twitter. Friend.tech Users Face SIM Swap AttacksThe SIM-swap attacks have culminated in the theft of an estimated 109 Ether (ETH), valued at nearly $500,000 in just few days, with one hacker stealing nearly $400k from different Friend.tech users. To mitigate the risk of SIM-swap exploits, Friend.tech had already introduced security updates on October 4, allowing users to add or remove various login methods.Despite some criticism over the timing of the 2FA implementation, many users welcomed the added layer of security. Blockworks founder Jason Yanowitz shed light on the modus operandi of the SIM-swap attacks. Attackers send text messages requesting a number change, with users required to respond with either "YES" or "NO." If the response is "NO," the user is sent a legitimate verification code from Friend.tech and is prompted to send the code to the scammer's number. Failure to respond within two hours results in the requested change proceeding, potentially leading to account compromise.Earlier today, head of Defiant News revealed that he saw his Friend.tech wallet drained in an elaborate phishing scam.Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham Terra Luna Classic Price Prediction as Bears Send LUNC Toward $0.00008 Support-What Happens Next?In August, the London-based institutional crypto exchange outlined plans to expand its offerings with Solana and Litecoin. The platform also announced support for trading pairs against USDC and GBP. Initially, Archax offered trading pairs for Bitcoin and Ethereum against the US dollar. Prior to the second delay, many of the fund hopefuls had deadlines in mid-October, though — as Blockworks previously reported — industry experts have stressed that the SEC can delay its rulings until the end of the 240-day deadlines.

“Otherwise, no one will treat your stablecoin as real dollars. They’ll just think of them as play money, and then they’ll sell them for real dollars, or real stablecoins or real T-bill projects,” Kazemian said. Related: Hong Kong police, regulator form crypto task force as JPEX saga unfolds Best Altcoins in 2022 ? Top 6 Picks ? Benzinga Crypto6 – UniLend (UFT) Table of Content

Source: TradingViewThe Terra Luna Classic price has dropped by 3% in the past 24 hours, with its fall to $0.00005928 leaving the altcoin in 100th place in terms of cryptocurrency market cap rankings.LUNC is also down by 3.5% in the past week, and while it's actually up by 3% in the last 14 days, it remains down by 1% in a month and by 81% in the last year.Such falls point to a longer term decline which has taken hold of LUNC in 2023, with the coin's community struggling to make progress in boosting its price and that of its related stablecoin, USTC.This likely means that LUNC will continue dropping from here on out, yet if a serious course of action can be taken to boost its ecosystem and price, then it could potentially rally once again.Terra Luna Classic Price Prediction as LUNC Falls to 100th Place in Coin Rankings – Is It All Over?After riding the market's recovery on Monday, LUNC is declining once again, with its technical indicators responding accordingly.Source: TradingViewIts relative strength index (purple) has dropped from 60 a few days to nearly 40 today, and it could continue dropping before the coin becomes oversold in comparison to recent price movements.Also showing signs of weakness is LUNC's 30-day moving average (yellow), which is struggling to rise again despite seemingly flatenning out in the past week, with the average also still well below the coin's longer term 200-day average (blue).Such signals should be concerning, and it will therefore be interesting to see whether LUNC's current short-term support level (green) can resist a fall below $0.0000590.If it does drop below this level, then further falls are likely to be incoming, something already suggested by the fact that LUNC's longer term support level has been declining consistently over the entire year.It really does seem that the wider market has lost interest in LUNC, which has seen a number of accepted governance proposals fail to make a big impact on its price in recent weeks and months.The latest Terra Luna Classic proposal up for voting relates to a plan to fund an experienced team of developers, who would aim to implement a detailed roadmap of improvements and bring "value to the Terra Classic blockchain so that we can help push this chain where it deserves to go."However, it seems that many important validators and community members are voting against it, with some arguing that it's not a realistic plan.This is telling, because if active members of the community don't believe such plans are realistically achievable, then an outside could ask: what hope for Terra Luna Classic and LUNC going forward?A pessimist's answer would be: none.Of course, it's arguably encouraging to see that people are still seriously debating how to reboot Terra Luna Classic, so it may be premature to suggest it can never recover.But for now, it may continue falling for the next few months, unless a real plan can be put into action.New High-Potential AltcoinsGiven LUNC's problems at the moment, most traders are likely to be better off buying into other altcoins, with several new presale coins looking like they're in a good position to rally when they list.One clear example of such a coin is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that will enable ordinary investors to mine Bitcoin simply by staking its native token.Bitcoin Minetrix has impressively raised just over $400,000 in barely a couple of weeks, providing a clear sign of just how enthusiastic investors are for the new project.And the reason they're becoming increasingly enthusiastic is that Bitcoin Minetrix's platform will enable users to stake their Ethereum-based BTCMTX tokens in order to receive tokenized mining credits, which can then be used to buy hashpower for Bitcoin mining.By doing this, holders and stakers will be able to receive actual BTC as a reward for their contributions, with Bitcoin Minetrix's platform set to make Bitcoin mining much more accessible to much more people.This is why people are already going for its presale in a big way, with the sale being allocated 1.4 billion BTCMTX tokens, out of a total maximum supply.New buyers can join the token's presale by going to the official Bitcoin Minetrix website, where 1 BTCMTX currently sets you back only $0.011. This price will rise with each successive stage of the sale, and will eventually reach $0.01190000 by the time the sale closes, although it could easily rise much higher once the coin lists.Visit Bitcoin Minetrix NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Litecoin Price Prediction as LTC Spikes Up 2.9% – Here are Key Levels to Watch Who All Are Responsible? Philippine Digital Asset Exchange user numbers skyrocketDespite the declining popularity of Proof-of-Work cryptocurrencies as a whole, the Bitcoin mining ecosystem is still very strong. As we can see from the 3-year Bitcoin hashrate chart, the mining power of the Bitcoin network has been increasing steadily despite the fact that Bitcoin has been in a bear market since 2022. (Sandali Handagama contributed reporting.)Top FTX Victim Points at Influencers' Roles as SBF Faces Trial

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