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  • A whale is suspected of clearing out 134,000 UNIs bought a month ago
    According to the monitoring of on-chain analyst @ai_9684xtpa, the address 0xDf7...AA50A is suspected to have liquidated 134,000 UNIs purchased a month ago. If all are sold, the profit will be $33,000. The cost of opening the position for this whale is $7.44, and the recharge price is $7.69.
    Bullish
    Bearish
  • LayerZero CEO Announces Changes to Bounty Process
    According to BlockBeats, Bryan Pellegrino, co-founder and CEO of LayerZero, announced on social media on May 20th that the bounty process will reopen in the next one or two days. This move is aimed at addressing the issue of witch reports being deleted on Github. Pellegrino also stated that the method of report submission will be altered, and a 'margin' system will be introduced, potentially with a bond amount of 0.02 ETH. The new changes are expected to streamline the bounty process and prevent the deletion of important reports. The introduction of the 'margin' system is seen as a significant step towards ensuring the credibility of the reports. The bond amount, although not confirmed, is speculated to be 0.02 ETH. This system is expected to act as a deterrent for false reporting and encourage more accurate and reliable submissions. The reopening of the bounty process and the introduction of these changes reflect LayerZero's commitment to addressing issues and improving their systems. The company has not yet provided further details on the exact timeline or the specifics of the new submission process.
    Bullish
    Bearish
  • Witch Hunt Reward Activity Temporarily Suspended by LayerZero Labs
    According to PANews, LayerZero Labs CEO Bryan Pellegrino announced a temporary suspension of the Witch Hunt reward activity for one to two days to adjust its design. Pellegrino stated that within a few hours of the reward activity's commencement, LayerZero received over 3,000 witch report allegations and 30,000 appeals. To address these issues, the reporting process will be paused for 'one to two days'. Pellegrino suggested a possible solution could be to charge 0.02 ETH for submitting reports to reduce automatic system reporting.
    Bullish
    Bearish
  • Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’
    The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years. source: https://cryptonews.com/news/paraguay-govt-looks-to-jail-illegal-bitcoin-miners-for-up-to-10-years.htm
    Bullish
    Bearish
  • Solana hits $175, faces pullback: What’s next for SOL?
    Solana’s price dropped slightly after reclaiming $175, but the price decline might not continue further. source: https://ambcrypto.com/solana-hits-175-faces-pullback-whats-next-for-sol/
    Bullish
    Bearish
  • Cardano's Hoskinson Predicts Crypto to Decide 2024 Elections
    Charles Hoskinson claims President Biden’s staunch anti-crypto stance might cost him another term in the White House. source: https://dailycoin.com/cardanos-hoskinson-crypto-decide-elections/?utm_source=cryptopanic&utm_medium=rss
    Bullish
    Bearish
  • Confidential UN Report Exposes Lazarus Group’s $147.5M Stolen Crypto Transfer to North Korea
    A UN report shows that North Korean hackers sent millions of stolen cryptocurrency through Tornado Cash last year. source: https://cryptopotato.com/confidential-un-report-exposes-lazarus-groups-147-5m-stolen-crypto-transfer-to-north-korea/
    Bullish
    Bearish
  • Ripple records a strong Q1: What does the future hold for XRP?
    Q1 witnessed significant strides made by Ripple in various domains. source: https://ambcrypto.com/ripple-records-a-strong-q1-what-does-the-future-hold-for-xrp/
    Bullish
    Bearish
  • Collect Fragments in Shrapnel STX3 Playtest and Trade on Its Upcoming Marketplace
    The team behind Shrapnel has announced that it will launch the first version of its marketplace on 23rd May, along with the start of its STX3 playtesting event. Also read: Blockchain Game Shrapnel Cautions Its Users Against Manipulation Players can collect various fragments in Shrapnel’s playtest by interacting with lootable objects like crates and use […] source: https://www.cryptopolitan.com/collect-trade-fragments-shrapnel-marketplace/
    Bullish
    Bearish
  • Ripple Publishes Expert’s Warning on Quantum Threat on Blockchain
    Ripple published a message by mathematician Massimiliano Sala expressing his fear of the dangers quantum computing poses to blockchain encryption.  Sala, a professor at the University of Trento, discussed the problem during Ripple’s university lecturer series, stressing the importance of creating robust and quantum-secure cryptosystems. Also read: Quantum Computing’s Impact on Digital Security... source: https://www.cryptopolitan.com/ripple-publishes-warning-on-quantum-threat/
    Bullish
    Bearish

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