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StarkWare has verified the first zero-knowledge (ZK) proof on the Bitcoin. It’s part of the core Starknet developer’s plans to scale Bitcoin for mass adoption. StarkWare has achieved a historic feat by completing the first zero -knowledge proof verification on the Bitcoin network, according to the details posted on X on Wednesday. The blockchain developer revealed that after months of exploring, its developers have managed to verify the first ZK proof using a new STARK verifier, Stwo Verifier on OP_CAT-enabled Bitcoin Signet. It’s the first of many steps in the quest to scale Bitcoin. Scale Bitcoin for mass use StarkWare announced in June that the company was looking to scale Bitcoin for mass adoption using ZK proof s. With the new scaling solution, dApps can decide to settle on Bitcoin or Ethereum. “Starknet will become the first network to settle simultaneously on Bitcoin and Ethereum and scale Bitcoin to many thousands of trans...

U.S. politicians usually buy stocks and cryptocurrencies they are accustomed to, such as Bitcoin (BTC) and Ethereum (ETH). However, Representative Mike Collins is an exception, as on July 11, Collins reported a purchase of cryptocurrency called Aerodrome Finance (AERO) worth $50,000. What is impressive is that since his purchase on July 6, AERO has surged by almost 50% from $0.5219 to $0.9316 in less than two weeks. AERO 7-day price chart. Source: CoinMarketCap Collins has already earned approximately $38,000 in less than two weeks, as his AERO holding is now worth $88,000. Picks for you R. Kiyosaki sounds alarm on California going broke because it ‘went woke’ 30 mins ago How rich is the first woman from Mississippi elected to Congress...

Stripe, in partnership with Coinbase, has announced the expansion of its cryptocurrency integration into the European Union (EU).  This strategic initiative will enable consumers to purchase a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), using their credit or debit cards. The primary goal of this expansion is to simplify crypto currency transactions, making it easier for everyday consumers to buy and use digital assets. The initiative is targeted at crypto marketplaces and vendors, providing them with tools to facilitate crypto currency purchases seamlessly. Picks for you Buy signal as institutional whales inject $278M in crypto 13 mins ago XRP's new price levels to watch before momentum pick...

A flaw in the two-factor authentication (2FA) security system used by crypto and derivatives exchange OKX has apparently been discovered after two users reported that their accounts had been hacked and their funds drained in a suspected SIM-swapping attack. The founder of blockchain security firm SlowMist, Yu Xian, reported that the users received SMS risk notifications from Hong Kong before a new API key was created as part of their account authentication process.   Following up on these reports, security analysts Dilation Effect (DE) claims to have found a flaw in OKX’s authentication system. It said that users are able to switch from 2FA to ‘lower security verification methods,’ like SMS verification, during OKX’s sensitive user operations.  两个不同的受害者，今天凌晨遭遇的交易所账号被盗币事件的手法及一些特征居然是相似的，除了 @AsAnEgg 提到的共性，还包括短信风险通知来自“香港”这个特征、创建了新的 API Key（有提现、交易权限，这也是为什么之前怀疑有对敲意图，目前看来可以排除了）。… https://t.co/pqIjqLhmkB — Cos(余弦)‍️ (@evilcos) June 9, 2024 Founder of SlowMist reporting on the ...

The meme coin mania is back in the cryptocurrency market, and cryptocurrencies like PEPE show signals of being overvalued. This could foreshadow a short-selling opportunity, as suggested by increased open interest (OI) and high funding rates. Previously, the meme coin boom marked a local top, followed by a market crash that rewarded these crypto short-sellers. Should a similar pattern play out, this asset class is at the peril of suffering another hit despite positive social activity from influencers. As of this writing, PEPE has $644.85 million in open interest, ranking fifth on CoinGlass . This value represents 10% of the meme coin’s $5.98 billion market cap, trading at $0.0000142. Despite a drop of 20.34% in the $1.55 billion 24-hour volume, the market’s open interest has fallen by 6.37% on the meme coin. Picks for you These two crypto ...

Ripple’s CEO, Brad Garlinghouse, predicts that exchange-traded funds [ETFs] for crypto currencies like XRP, Solana [SOL], and Cardano [ADA] are on the horizon. Speaking at the Consensus 2024 conference, Garlinghouse expressed his certainty that these ETFs would soon be available, following the recent approval of spot Bitcoin [BTC] and Ethereum [ETH] ETFs. He stated, “It’s just a matter of time, and it’s inevitable there’s gonna be an XRP ETF, there’s gonna be a Solana [SOL] ETF, there’s gonna be a Cardano [ADA] ETF and that’s great.” Ripple, which has a strong connection to XRP, has been closely watching regulatory developments. The approval of key filings for ether ETFs by the U.S. Securities and Exchange Commission [SEC] indicates a changing regulatory landscape. However, these ETFs still need final approval before they can begin trading. Cathie Wood, CEO of ARK Invest, noted during the conference that crypto ’s rol...

Unlike banks, which require know-your-customer (KYC) information prior to opening an account, a significant number of crypto exchanges offer tether (USDT) bonuses for submitting KYC information like name, address, ID card, and contact information. To be clear, these KYC bonuses are not account opening bonuses. In many cases, crypto exchanges allow customers to open small accounts and trade without submitting any KYC information. Moreover, the tether bonus doesn’t require any bank-like task, such as signing up for direct deposit or holding a large initial balance. Rather, this tether bonus is simply for submitting a valid ID card. Therefore, although it’s commonplace for banks to offer an account opening bonus for customers who complete significant banking tasks, US banks typically do not pay anything for simply opening an account and submitting an ID card. Moreover, a US bank may not open an account without an ID card; KYC documentation is federally mandated. Similarly, ...

Shiba Inu [SHIB] has continued to remain the world’s second-largest meme coin by market capitalization. The asset has shown impressive resilience and potential for future growth. In the last 24 hours, SHIB surged by 5.75%, fueled by speculation surrounding the potential approval of the first spot Ethereum ETF. This rally propelled SHIB’s value above the $0.000025 threshold. Despite being down 6% over the past 30 days, SHIB has rallied over 5% in the past two weeks, prompting questions about its future price trajectory. Source As of press time, SHIB was valued at $0.00002642, marking a notable 10% daily surge. This upward momentum has sparked renewed interest and speculation within the crypto community regarding SHIB’s long-term prospects. Market Analysis and predictions by Telegaon, a well-regarded source of market insights, have added fuel to this speculation. They have been projecting that Shiba Inn could reach a price of $0.035 or 3.5 cents, by 2040. Also R...

North Korean hackers deploying “Durian” malware targeting South Korean crypto firms. The resurgence of dormant hackers like Careto underscores the evolving cybersecurity landscape. Hacktivist groups like SiegedSec escalate offensive operations amidst global socio-political events. The first quarter of 2024 has proven particularly eventful, with notable findings and trends emerging from the frontline of cyber security. From the deployment of sophisticated malware variants to the resurgence of long-dormant threat actors, the landscape of cyber threats continues to shape-shift, presenting new challenges for security experts worldwide. A recent report by the Global Research and Analysis Team (GReAT) at Kaspersky made a striking revelation shedding light on the activities of various advanced persistent threat (APT) groups. The Durian malware targeting South Korean crypto firms Among the findings made by GReAT is the emergence of the “Durian...

Dogecoin [DOGE], the crypto currency born from internet meme culture, has been a wild ride for investors in recent times. As it faces rejection from its recent high of $0.165, questions arise about the profitability of DOGE holders amidst the market’s ups and downs. At press time, the asset was trading at $0.1441, DOGE experienced a 3% daily drop from its peak on May 6. This signals a 12% loss since then. This downturn erases much of the gains it made in March, leaving investors wary of its future trajectory. Source Also Read: Dogecoin Metric Surges 582% as DOGE Whales May Drive a Rally Yet, amidst this volatility, a recent report sheds light on DOGE’s investor landscape. Surprisingly, over 83% of DOGE holders find themselves in profit, as per data from IntoTheBlock. This resilience showcases the community’s ability to weather market fluctuations and maintain profitability, especially for those who entered the market before its surge to $0.16. In c...

This morning, Crypto Twitter widely shared an official-looking document that supposedly detailed a request by Democratic senator Elizabeth Warren to impose a 1% wealth tax on personal crypto holdings exceeding $500,000. Just one problem: The letter was fake. Although Senator Warren is famously antagonistic toward crypto — even spawning a derogatory meme coin making fun of her staunch opposition — she didn’t sign a letter seeking “the imposition of a 1% wealth tax on cryptocurrency holdings exceeding $500,000 for individuals, trusts, and entities.” In fact, nobody signed that letter. The hoaxer revealed the troll in the spelling of Warren’s name , purposefully substituting the character Z for S in her first name. Apparently this recent Warren letter suggesting a 1% tax and mandatory reporting is fake. Check her misspelled name at the bottom. It’s also not on her website. The sad part is that it is beyond believable that she would make these types of policy suggest...

Jito (JTO) price bounced off lows of $2.79 and is eyeing new momentum above $3. A potential cup and handle pattern could see bulls target breakout alongside Bitcoin. With BTC outlook positive, a rally for JTO could bring a 50% upside from current levels. Jito (JTO) is looking to extend gains above $3 after bulls bounced off the support zone on March 29. JTO reached highs of $3.83 on March 16, tracking gains by Bitcoin and top altcoins as BTC reached a new all -time high above $73k and ETH broke above $4,000. Jito price outlook amid bullish Bitcoin sentiment Despite paring gains, Jito looks to have established a fresh support zone at $2.75. The resulting upside to above $3.20 keeps the restaking protocol’s price in an uptrend, which has been in place since JTO/USD bottomed in early January. In this case, the $3.50-$3.75 area looks crucial for bulls. Although Jito remains in an uptrend, there’s potential for a downward flip if bulls fail to co...

The cryptocurrency market remains a source of fascination for investors worldwide, with flagship assets like Bitcoin and Ethereum consistently in the spotlight. However, amid the multitude of digital currencies available, Shiba Inu (SHIB) has emerged as a particularly intriguing option, boasting impressive gains in recent periods. Recent data indicates a significant surge in Shiba Inu’s value, with its price rising by 7% over 24 hours. However, it comes with an astonishing 20% increase over the past week. Currently valued at $0.00002963, SHIB’s performance has ignited widespread interest and speculation among investors and analysts alike. Source The rise of Shibarium, a blockchain ecosystem tailored specifically for Shiba Inu, has played a significant role in bolstering the asset’s positive momentum. Additionally, the notable uptick in SHIB’s daily transaction volume underscores the growing demand and enthusiasm surrounding this decentralized finance (DeFi) ...

The Bitcoin Fear and Greed Index is flashing red hot at 90, signifying a market rife with excitement – and perhaps over-excitement. This prediction may have already come true, with the price tumbling back down to the $67K level after hitting a new ATH of $73k. While Galaxy Fox isn’t immune to infectious optimism that can overheat markets, some analysts are suggesting it could be the best upcoming ICO project with strong fundamentals and the potential to deliver high returns in 2024. This article explores the current market sentiment and the risks of investing. We’ll also delve into some “safer bets” within the Crypto space, with Galaxy Fox taking center stage as a project that could be poised for significant growth. Extreme Greed: A Double-Edged Sword The Fear and Greed Index serves as a compass for investor sentiment in the Crypto market. A score near 90 signifies rampant optimism, often fueled by the fear of missing out or FOMO....