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Join Our Telegram channel to stay up to date on breaking news coverage Crypto influencer Crypto Gains reviewed the Wall Street Memes, which has an extensive community, is now on presale, and has the potential for 100x returns. In this article, we’ll explore the Wall Street Memes’ prospective expansion and other components that could make it skyrocket in the weeks to come. Wall Street Memes token future growth: Crypto Gains reviews The Wall Street Memes (WSM) cryptocurrency token is a new meme-based project that already has the support of more than 1 million followers across a variety of social media sites. The fact that Wall Street Memes has so many followers gives it an advantage over other competitors in the crypto market. After the value of Pepe Coin began to drop, new presale projects began to appear, and Wall Street Memes is one of them. Many people think this new meme coin will alter everything, especially after Elon Musk tweeted several times to the Wall St...

KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer. Employees of Trust Reserve — the issuer of the Chinese yuan-pegged stablecoin CNH Coin (CNHC) — have been detained by Chinese police , the local blockchain publication PANews reported on May 31. According to the report, Trust Reserve employees have been out of reach since the afternoon of May 29 due to multiple arrests. Some employees’ family members have reportedly been notified about the detentions. PANews also learned that Trust Reserve’s office in Pudong, Shanghai was empty as of May 31. The door was sealed on May 29, with a notice saying, “Judicial seizure, strictly no vandalism.” Trust Reserve’s office in Pudong, Shanghai. Source: PANews Trust Reserve, formerly known as ...

Tether, the world’s largest stablecoin, has announced that it’s investing in renewable energy production for bitcoin mining in Uruguay. The size of the investment and the “local licensed company” it’s partnering with were not revealed in the press release. Tether chief technology officer and face of the company Paolo Ardoino said, “Tether is proud to spearhead a movement that combines cutting-edge technology, sustainable practices, and financial innovation.” On its recruitment page for this project, Tether is advertising for talent in Uruguay, Spain, and Argentina and is looking specifically for recruiters, electricians, technicians, and managers. Uruguay is notable for the amount of its energy production that comes from renewable resources, with the International Trade Administration estimating the number at 98% . iFinex, one of the companies that operates Bitfinex, Tether ’s sister company, has previously invested in bitcoin min...

The U.S. plays an integral part in the performance of the crypto market. Therefore, the U.S. President plays a vital role in how Bitcoin (BTC) and other cryptos are seen. Ron DeSantis, the governor of Florida, and Robert F. Kennedy Jr. have emerged as crypto champions in the upcoming 2024 US presidential face-off. Both candidates have brought Bitcoin (BTC) into the political foreground and into the public conversation. However, who will benefit the crypto community more is a question that still looms overhead. What have the U.S. Presidential Candidates done for Bitcoin and Crypto? Governor DeSantis has come to be known as a fervent advocate for Bitcoin. Furthermore, he is a harsh critic of Central Bank Digital Currencies (CBDCs). His opinions are in line with the decentralization that is at the core of crypto, in sharp contrast to the centralization that CBDCs inherently embody. DeSantis has continuously advocated for laws that support BTC in Florida. He passed legislation in May 20...

Join Our Telegram channel to stay up to date on breaking news coverage A meme coin launched by the creators of the Wall St Bulls NFT Collection, Wall Street Memes, is making a buzz in the meme community. Since its launch on May 25, the initiative has completely taken over the community, making its mark by raising an astounding $100,000 in only a few short hours. What is Wall Street Memes The creators of the Wall St Bulls NFT collection, which sold out in 2021 in 32 minutes, have created a brand-new presale meme coin called Wall Street Memes. The project has more than a million followers on all major social media platforms and has had a wildly successful presale, raising over $800k in less than a week. The Wall Street Memes crypto, according to the project’s website, attempts to “tokenize the movement,” or assist regular people in making money off worthless meme currencies in opposition to conventional finance. The team behind Wall Street Memes is certain th...

Join Our Telegram channel to stay up to date on breaking news coverage Andreessen Horowitz has released a product called Cicada, which enables anonymous Ethereum voting. The product ensures that each vote is recorded throughout the poll. With zero-knowledge group membership systems, Cicada protects voter identity. Andreessen Horowitz Integrates Cicada into Ethereum for Anonymous Voting Andreessen Horowitz’s Cicada product joins Ethereum to provide anonymous voting. Users can now use Cicada for private on-chain voting through Andreessen Horowitz’s Solidity library. The integration ensures that the voter’s identity remains undisclosed, with zero-knowledge group membership systems like Semaphore. Michael Zhu, an engineer at Andreessen Horowitz, shared these details in a blog post. Additionally, Cicada relies on time-sensitive cryptography puzzles, where personal values can be encrypted and decrypted only after a specific duration. These time-lock puzzles have e...

With the rapid growth of the cryptocurrency market, consumer interest in buying crypto coins has reached new heights. Investors are searching for what cryptocurrencies to buy now, driven by the prospect of finding a crypto with potential for substantial profits and growth. For those with a keen eye for opportunity and a deep understanding of crypto dynamics, unlocking the mystery of what crypto to buy now could potentially lead to massive returns. In a world brimming with possibilities, this article presents several options of what cryptocurrencies to buy now, showcasing a handpicked few with potential to shine in 2023. Fueled by detailed market research with cutting-edge insights from field analysts, these curated recommendations offer an insightful view to help be better informed. A prudent approach is essential when considering buying crypto, as it may not align with everyone’s goals or risk tolerance. Securing the top spot on the list of cryptocurrencies to buy now...

Blockchain analytics firm PeckShield reported that the exploiter is moving funds to different addresses and then routing them to Tornado Cash. So far since the hack, the hacker has nearly laundered $9.3 million worth of loot through layered transactions on Tornado Cash. advertisement The hacker minted 1 quadrillion yUSDT As reported earlier, PeckShield detected a hack that allowed the attacker to mint over 1 quadrillion Yearn Tether (yUSDT). Lanter, the hacker swapped those tokens for other stablecoins worth $11.6 million. Exploiter transferred 1000 ETH to the sanctioned crypto mixer the same day. As per PeckShield, funds have been split into different addresses that are then being transferred to the crypto mixer through layered transactions. One address linked to the iearn exploiter transferred a total of 4,134 ETH to the sanctioned crypto mixer. Crypto hacks drop 70% since Tornado Cash ban Blockchain intelligence firm TRM Labs reported that the in...

Whale Transaction History After transferring 31000 Bitcoin s to cold wallet, worth over $822 million, they hold BTC in these two wallets: advertisement 20,000 BTC in 31pCdkyF6Ep8UkzpkWpv3SMbY3C5s7VhXL 11,200 BTC in 3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN The trading firm’s BTC holdings were stored in wallets that had remained inactive since late 2022. These wallets received a substantial sum of 21,600 BTC directly from popular exchanges Binance and Huobi in early October 2022. It is worth noting that Binance, one of the leading cryptocurrency exchanges, played a significant role in facilitating the movement of BTC for this trading firm. As FTX, a prominent crypto exchange, temporarily halted withdrawals in early November, the trading firm withdrew an additional 15,000 BTC from their Binance account. This withdrawal further contributed to the movement of funds from their active exchange accounts to their cold wallets, ensuring enhanced security and control o...

Hyperlane is thrilled to be collaborating with Fuel Labs to bring Permissionless Interoperability to the Fuel ecosystem, enabling a simple and permissionless approach to connect with current blockchains to enroll users. Fuel is the fastest modular execution layer, leveraging the modular blockchain stack for data availability and more efficient execution. In contrast to existing rollups that optimize for monolithic problems such as constrained bandwidth, Fuel specializes in execution. Fuel delivers a more performant VM while remaining compatible with Ethereum. How Hyperlane Compliments Fuel With Hyperlane’s Permissionless Interoperability now FuelVM-supported, Fuel stakeholders don’t need to worry. Fuel users and devs can now explore Hyperlane’s unique Features : Permissionless Deployments of Hyperlane to any chain. In this case, any future FuelVM rollup can permissionlessly deploy Hyperlane to their chain for their interoperability needs. Permissionless bridging of any asset from a...

Former Coinbase CTO Balaji Srinivasan predicts that the US government will confiscate private keys from millions of crypto wallets via iPhones and Android devices, claiming that the companies possess remote access to private key shards via firmware ‘backdoors’ and cloud storage. Srinivasan gained credibility for his early warnings about COVID-19. Admittedly, he lost some of that credibility after losing his bet that bitcoin would hit $1 million and this latest prediction is even more difficult to believe: an extralegal confiscation of private property “to remit stolen funds to a cash-hungry federal government.” The would-be Nostradamus calls these tech giants a “systemic risk” to the crypto industry. Balaji prediction comes amid fears of Ledger Recovery His prediction piggybacks on heightened fears of Ledger’s remote access to private key shards . The hardware manufacturing giant released a firmware upgrade for all hardware wallets (except the Nano S) that w...

Ethereum’s Death Sentence: Fact or Fiction? Cryptocurrency enthusiasts and investors alike have been buzzing with rumors that Ethereum, the world’s second-largest cryptocurrency , is on the verge of collapse. Some skeptics claim that the Ethereum network’s high gas fees and scalability issues have rendered it obsolete, while others believe that Ethereum’s future remains bright. In this article, we’ll look closer at Ethereum’s current state and its potential for long-term growth. Source: Pixabay The Controversy Surrounding Ethereum’s Future Ethereum has been a hot topic of discussion in the cryptocurrency community lately. The network’s scalability issues have resulted in high gas fees, making it difficult for small investors to participate. Ethereum’s Proof of Work (PoW) consensus mechanism has also been criticized for inefficiency. On the other hand, Ethereum’s supporters argue that the network’s transition to Proof of Stake (PoS) will address these issues and ensure...