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MyCointainer partners with Wanchain to provide its users with the best opportunities to participate in the Wanchain ecosystem. Wanchain is a blockchain project that aims to drive blockchain adoption by creating interoperability between different blockchain networks. They achieve this through a cross-chain infrastructure that connects siloed blockchains, empowering developers to build decentralized cross-chain applications for the future of Web3. Additionally, Wanchain’s  native cryptocurrency,  $WAN , operates within its cross-chain infrastructure. It is secured through a proprietary Proof of Stake consensus algorithm called Galaxy Consensus, which builds upon Cardano’s Ouroboros. Validators on the network are required to  stake WAN coins  to participate in transaction validation. MyCointainer Platform & Wallet Integration From now on, community members can take advantage of the Wanchain native token’s  utility on  its platform . Deposits and withdrawals are proces...

According to crypto Analysis firm Glassnode, Ethereum ( ETH ) wallets with more than 1000 coins have reached a 10-month low of 6268. Previously, this number reached a low of 6270 on Nov. 2, 2022. #Ethereum $ ETH Number of Addresses Holding 1k+ Coins just reached a 10-month low of 6,268 Previous 10-month low of 6,270 was observed on 02 November 2022 View metric:https://t.co/iDNXAbcjH1 pic.twitter.com/SNVGSIJR0j — glassnode alerts (@glassnodealerts) May 31, 2023 ETH is currently trading at $1868, down by 2.4% in the last 24 hours. The whale outflows could be responsible for the dip in ETH prices. Even Bitcoin has fallen by 3.2% in the same time frame. However, the reason for the whales reducing their holdings is unclear. Why are Ethereum Whales Dumping their ETH? The second-largest cryptocurrency by market capitalization has been consolidating at its current level. However, the declining trading volume suggested traders’ interest is waning, which could have an impact ...

Join Our Telegram channel to stay up to date on breaking news coverage One of the biggest concerns involving digital asset misuse is that cryptos could be used in money laundering. As the police investigation led the authorities to believe that some of the BKEX crypto exchange’s users were engaged in this illegal activity, the platform has halted all withdrawals to aid the investigation. #BKEX Announcement on Suspension of Withdrawals – Details: https://t.co/gDh6Z3bg9a pic.twitter.com/EMTEuU2DDO — BKEX (@BKEXGlobal) May 29, 2023 So far, the investigation is still ongoing, and the authorities are currently in the process of collecting evidence. In its statement, BKEX said, The team will actively work with the relevant authorities to resolve the current issues faced to ensure that the rights of our users are protected to the greatest extent possible. The exchange’s announcement said that its team will fully cooperate with the investigation. In the ...

The deal was posted to both the Ethereum network and the protocol’s official Twitter channel. The team behind exploited decentralized finance (DeFi) app Jimbos Protocol has offered a deal to the app’s exploiter: Keep 10% of the funds and return the other 90%, or face prosecution. Otherwise, the team “won’t stop” until the attacker is “behind bars.” The proposed deal was disclosed in a May 28 tweet by the Jimbos team and posted to the Ethereum network. To the attacker: keep a fast $800k payday, and live to tell the tale. We won't pursue you if you send back the 90%. But if you don't, we won't stop until you're behind bars. You can open communications with us at Helloitsjimmy@proton.me — Jimbos Protocol (v2, soon) (@jimbosprotocol) May 29, 2023 On May 28 at 7:25 am UTC, the team posted a message to the Ethereum network stating that the attacker would not be prosecuted if 90% of the funds are returned. First Jimbos Protocol message to attacker. Source: Ethereum blockcha...

Shiba Inu burns continue to take place on a regular basis. However, their magnitude has noted a slight reduction. For instance, over 2,915,482,121 SHIB tokens were burned over the past week. The same marks a 51.48% dip. Over the past day, however, a slight recovery has been noted, for the rate has registered a 1447.70% hike. Quite a few notable burns have taken place over the past day. One among them was a 200 million burn that was executed 13 hours ago. Source: Shibburn Also Read: Is Pepe Coin & Co. Helping DeFi Thrive? The public name tag associated with the from address flashed the name “Coinbase 10” on-chain. Specifically, the wallet transferred a total of 200,583,666 SHIB to a dead wallet in one significant transaction. A host of other transactions took place over the past day. The number of burned tokens ranged from 727k to 16.3 million. The transaction involving the second-highest number of tokens was particularly interesting. A dormant wallet that was inact...

In a turn of events, US President Joe Biden and the top Congressional Republican Kevin McCarthy have discussed and decided on a tentative deal to resolve the government’s debt ceiling by raising $31.4 trillion.  Though announced without any celebrations, the compromising agreement is a solace for the crypto industry that has been troubled by the US debt ceiling. The cryptocurrency market has been immersed in uncertain conditions in the negotiations on the US debt ceiling. Recently, the financial expert Robert Kiyosaki predicted an impending crisis that would fall on the entire US. Since the US Treasury Secretary Janet Yellen warned that the country would run out of cash by June 1, if the debt ceiling isn’t resolved, even the leading cryptocurrencies including Bitcoin and Ethereum started showing further plummet; BTC had fallen by more than 7% and ETH by more than 3%. On May 27, the President and the Republican Party member joined hands to suspend the federal governm...

Diluted net loss per American depositary share in Q1 2023 stood at $0.51 from $0.55 in the previous quarter. Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period. According to an unaudited report posted on its investor relations page, Canaan's net loss was at $84.4 million in Q1, lower than its $91.6 million net loss in the previous quarter. The net loss represents a major reversal compared to the same period of 2022, when the firm reported a net income of $65.1 million. Diluted net loss per American depositary share (ADS) in the first quarter of 2023 was $0.51 from $0.55 in the previous quarter, while diluted net earnings per ADS in the same period of 2022 stood at $0.38. According to Investopedia, an American depositary share, or ADS, is an equity share in a non-U.S. company, held by a U.S. depositary bank and available f...

American crypto giant Coinbase’s top-ranking officials allegedly dumped company stock worth more than $2.6 million in one day. The stock dump comes just days after the crypto exchange’s CEO and investors were sued by a shareholder for dumping the company’s shares in a bid to avoid a billion-dollar loss back in 2021. Coinbase executives continue dumping Coinbase stock. Chief Operating Officer Chief "People" Officer Chief Legal Officer Chief Financial Officer Chief Accounting Officer Dumping bags before an SEC lawsuit? Inspires confidence.https://t.co/TL7d9OxKwX Fortunately, they don't… pic.twitter.com/8Rt24mhJbe — Bitfinex’ed Κασσάνδρα (@Bitfinexed) May 25, 2023 A crypto sleuth who goes by Bitfinexed on Twitter took to the social media platform recently to lay out the details of the millions of dollars worth of Coinbase stock dumped by its executives. According to Bitfinexed, the executives include the company’s Chief Operating Officer, Chief Legal Off...

Few consumer retail locations are more prevalent in the United States than Walmart. Moreover, as the landscape for digital payment applications continues to grow, does Walmart accept the Google Pay service at its locations?  Understanding what payment methods a store accepts has become a vital part of shopping in today’s world. Specifically, with so many different applications and store options, you have to be sure that your preferred payment option is acceptable at the shopping location you’re visiting.  So, let’s answer if Walmart accepts Google Pay Does Walmart Accept Google Pay? Unfortunately, Walmart does not take Google Pay. Moreover, the large retail chain stopped accepting the payment option in all its stores beginning in 2022. The decision was a disappointing one for most users of all digital payment platforms, like Google Pay or Android Pay.  Additionally, reports have suggested that the massive consumer retail chain has no plans to reinstate the acceptance o...

XRP is currently at a crossroads, according to Egrag, as its next trajectory from this point could propel it to $3.3 or lead to a massive $250 price. Egrag, a skilled chartist and prominent analyst, recently called attention to XRP ’s delicate position. Building on a previous Analysis , the market watcher emphasized that XRP ’s next line of action from here is extremely important, as it could either result in a surge to $3.3 or a pump to a massive $250 price point. XRP Trapped in Gaussian Channel As previously reported by The Crypto Basic, two weeks back, Egrag pointed out that, in the current cycle, XRP has registered multiple closes above the Gaussian Channel – an analytical indicator leveraged by traders to filter out lag in an asset’s price movements. This is done with the use of statistical data and historical patterns. According to Egrag, historical data suggests that XRP typically reaches the end of a bear market when it prints multiple closes abo...

Join Our Telegram channel to stay up to date on breaking news coverage Promising web3 freelancing and gig work metaverse DeeLance just hit a massive fundraising milestone in the presale of its native $DLANCE crypto token. Despite only launching the presale a few months ago, the project has already been able to raise a whopping more than $1 million dollars, with investors buzzing about the in-development web3 platform’s ability to fundamentally transform remote freelance work forever. Amazing News, DeeLancers!👨‍💻 We have reached another big milestone, raised over $1 Million in our presale!🙌🎉 Let's keep the momentum going! 🚀💪 Grab your $DLANCE today before the next price increase! ⬇️⏳https://t.co/XHnTqVzMLN#Crypto #cryptocoin #altcoin pic.twitter.com/XoJL9ECRuN — DeeLance (@deelance_com) May 23, 2023 At present, the remote freelance industry remains heavily dominated by centralized web2 mid...

Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone. According to local news outlet The JoongAng, an indictment on May 22 revealed that four individuals named Mr. Jeon, Mr. Kim, Mr. Ko and Mr. Hwang in court proceedings, all of whom were employees of South Korean crypto exchange Coinone, allegedly used illicit means to profit more than 2.98 billion Korean won ($2.26 million) during coin listing s from various projects. At least 46 coins were involved in the incident lasting from November 2019 to December 2022, accounting for nearly 25% of all tokens listed on Coinone. As told by prosecutors, Coinone executives and staff members required projects to sign a market-making (MM) contract with a specific MM company through brokers before a coin’s listing. This was done to ensure sufficient liquidity in trading volume after the new coins were listed. However, the contract’s recipients allegedly operated i...

In a concerning event for the crypto community, the North Korean hacker group Bluenoroff has unleashed a new wave of cyber threats by deploying the RustBucket malware, specifically designed to target macOS users. Security researchers at Jamf recently released a report shedding light on this sophisticated malware, and further investigations by Sekoia.io analysts have uncovered alarming details that raise concerns for users of Apple’s macOS platform. Bluenoroff, believed to be affiliated with RGB’s Bureau 121 and operating since at least 2015, has primarily focused on generating revenue through financially-driven campaigns. According to the report, previous targets have included crypto exchanges and venture capital entities across Europe, Asia, the United States, and the United Arab Emirates. The report noted that Bluenoroff’s RustBucket malware leverages the power of Rust and Objective-C programming languages and operates through a multi-layered infection chai...

Hamilton said the newly discovered SEC emails might hurt the commission’s case against Ripple. Matt Hamilton, former Director of Developer Relations at Ripple , has taken to Twitter to react to the latest discovery of an internal SEC email. Notably, the document suggests that XRP does not satisfy all prongs of the Howey test. In a recent tweet, Hamilton noted that the latest discovery looks “pretty bad” for the United States Securities and Exchange Commission. Hamilton made this known in response to a question about his take. Looks pretty bad for the SEC’s case. — Matt Hamilton (@HammerToe) May 21, 2023 Hamilton Says SEC Might Win According to Hamilton, while most XRP community members know that the recent finding does not bode well for the SEC, the commission could win the lawsuit against Ripple. “In our hearts, we all knew this, but alas, that doesn’t reflect the vagaries of the US regulatory and legal system. We could still be right, but the SEC could still...

There are a host of special days commemorated by people from the crypto space. April 1, for instance, is one of the most awaited days as community members get to play around with their puns and toss unrealistic predictions on account of April Fools’. April 20, or 4/20 has its own significance. On one hand, it is the day celebrated by cannabis smokers. On the other, it is also DOGE Day—a day quite significant for people from the ‘meme army.’ Likewise, May 22, or Bitcoin Pizza Day is another event that is exclusively celebrated by the community year after year. The Bitcoin Pizza Day Backstory Thirteen years back, Laszlo Hanyecz, a Floridian programmer bought two pizzas and paid for them in Bitcoin. The transaction was, notably, the first-ever recorded real-world crypto transaction. In the Bitcointalk.org forum on 18 May 2010, Hanyecz wrote that he planned to use BTC to buy pizza, preferably two large ones. He was ready to shell out 10k Bitcoin to anyone who could place the order and ...

Also Read: Why Didn’t US SEC Appeal Over Hinman Docs? Is It Looking To Settle? advertisement Deaton, who represents over 70,000 XRP token holders in the Ripple Vs SEC lawsuit, said the SEC is looking to wage a political war at the cost of winning legally. Overall, the Coinbase Writ was the right move, he explained. XRP Attorney Explains SEC’s War On Crypto The XRP Attorney said the SEC’s fight is on three separate fronts but it chose to be politically right. Recently, the XRP Vs SEC lawsuit took a new shape after Judge Analisa Torres, who is overseeing the case, denied the SEC’s request to conceal the Hinman emails. In a latest, the two parties got a one week extension for the date of revealing the documents. “The Administration’s war on Crypto has 3 separate Courts: the Court of Public Opinion, the Court of Congress, and the Federal Courts. The Coinbase Writ was the right move. It doesn’t matter if they lose ...