KD . *

Crypto Voyager | Navigating the Blockchain Universe | #BitcoinBeliever | Turning code into coffee since

[KD . * @SmexyyBabe]

Developer Discovers Security Gap in Compound Protocol, Requests $125,000 Reward ⚡️⚡️

Developer KP, who discovered a security flaw in the v3 protocol of Compound, took significant steps regarding the issue. According to KP’s estimate, this security flaw would allow a hacker to directly steal user funds, and this step would occur at a very high cost. According to the famous name, a hacker stealing $1 million in funds would be realized with billions of dollars in commission fees.

[KD . * @SmexyyBabe]

Exploring the Inclusion of Bonk (BONK) on Coinbase

Coinbase, the largest cryptocurrency exchange in the United States, is exploring the option of including Bonk (BONK) in its future listings. Bonk, a memecoin distributed to Solana addresses in December 2022, is becoming increasingly popular and holds the title of the largest Solana-based cryptocurrency. However, Coinbase's exploration does not guarantee the actual listing of this altcoin. 🚀

[KD . * @SmexyyBabe]

🚥 Fed's Interest Rate Crossroads:
Slowdown Signals Ahead! Buckle up for the Federal Reserve's journey through the economic intersection. With a sluggish job market and declining inflation, the Fed is considering an interest rate cut. Will they navigate the signs and steer the economy smoothly?

[KD . * @SmexyyBabe]

@SharpTony110034 Yes, the people who run them are really nice

[KD . * @SmexyyBabe]

LooksRare's Forward-Thinking Move: INFILTRATION Game Drives 35% Surge in LOOKS.

LooksRare takes a forward-thinking approach in the NFT market with the launch of the INFILTRATION game, contributing to a 35% surge in the LOOKS token within the past 24 hours. This strategic move showcases LooksRare's commitment to user engagement and economic sustainability, aligning with the evolving trends in the crypto space.

[KD . * @SmexyyBabe]

@LeightonMi84226 There are many people who are happy because they earn a lot of money

[KD . * @SmexyyBabe]

Bitfarms has issued its November 2023 update, as reported by Foresight News, outlining its Bitcoin production and revenue for the month. The update discloses that the Bitcoin mining company produced 392 BTC, reflecting a marginal 1.5% decrease compared to October. Concurrently, Bitfarms experienced a 2% increase in its hash rate, reaching 6.4 EH/s. The company successfully sold 350 BTC, resulting in a total revenue of $12.8 million. Furthermore, Bitfarms has confirmed the acquisition of 35,888 Bitmain T21 mining machines.

The slight reduction in BTC production is outweighed by the positive indicator of an increased hash rate, signifying Bitfarms' ongoing efforts to expand its mining capabilities. The sale of 350 BTC and the generated revenue underscore the company's profitability in its mining operations. The procurement of additional Bitmain T21 mining machines is anticipated to further bolster Bitfarms' mining capacity, potentially leading to an upswing in BTC production in the upcoming periods.

[KD . * @SmexyyBabe]

The decentralized Bitcoin mining initiative #OCEAN, associated with former #Twitter CEO Jack Dorsey, is facing accusations of censoring transactions involving Ordinals, as per reports from Foresight News. An anonymous developer named Leonidas has raised concerns about this alleged censorship on Twitter. Earlier, Foresight News had highlighted Mummolin's completion of a $6.2 million funding round, led by Jack Dorsey, to establish the decentralized mining pool OCEAN.

OCEAN's objective is to offer a more transparent and equitable mining process for Bitcoin. However, the accusations of transaction censorship by Ordinals cast doubt on the project's adherence to these principles. Despite the claims made by Leonidas, there has been no official response from the OCEAN project or Jack Dorsey at this time. The situation is being closely observed by the #Crypto community, awaiting further updates.

[KD . * @SmexyyBabe]

#Phoenix Group has postponed its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX) in light of the United Arab Emirates National Day, as reported by Cointelegraph. Originally scheduled for December 4, 2023, the IPO is now set to take place on December 5, 2023. The UAE National Day, celebrated on December 2, led to the declaration of public holidays on December 2, 3, and 4 for the private sector by the Ministry of Human Resources and Emiratization.

Phoenix Group had a highly successful IPO, closing with a 33 times oversubscription on November 18. The offering of 907,323,529 shares saw remarkable demand, with retail investors oversubscribing 180 times and professional investors contributing to a 22-fold oversubscription. The UAE-based mining operator, working on one of the largest mining facilities in the Middle East, had been discussing the IPO launch in the UAE since at least July 2023.

Notably, the UAE has positioned itself as a crypto-friendly jurisdiction, introducing various initiatives, including Web3-focused economic free zones, to support crypto development. On November 28, the crypto exchange M2 received regulatory approval and partnered with Abu Dhabi Commercial Bank, enabling retail and institutional clients in the UAE to engage in activities such as buying, selling, and storing #cryptocurrencies like Bitcoin (#BTC).

[KD . * @SmexyyBabe]

Huang Licheng, aka Brother Maji, Invests $160,000 in Staking 299,000 BLUR Tokens.
As per Foresight News, Huang Licheng, commonly known as Brother Maji, has recently engaged in staking by investing 299,000 BLUR tokens, amounting to approximately $160,000. Over the last four days, he acquired 3.7 million #Blur tokens at an average price of $0.55, totaling around $2.04 million, and subsequently staked the entire sum.#CryptoNews #BitcoinUpdate

[KD . * @SmexyyBabe]

The Ethereum London Hard Fork: Enhancing Performance and User Experience.

Ethereum's recent London Hard Fork has introduced key changes, including the implementation of EIP-1559. This upgrade aims to reduce gas fees and make transaction fees more predictable. Exploring the impact on users, developers, and the overall Ethereum ecosystem, this article provides insights into the ongoing evolution of the second-largest blockchain.

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Bitcoin Transfer Breaks Records with $3.1 Million Transaction Fee.
CoinDesk reports that a bitcoin transfer on Thursday set a new record with a transaction fee of $3.1 million. Antpool, the bitcoin miner behind this achievement, received the standard 6.25 BTC in addition to an unprecedented 85.2163 BTC in fees for all transactions within the block.

[KD . * @SmexyyBabe]

BTC and ETH Active Supply Drops to Historic Lows.
Information from The Block indicates that the active supply of BTC and ETH has reached its historical low in the past year. Within the last 12 months, only 30.12% of BTC and 39.15% of ETH have been involved in transactions.

[KD . * @SmexyyBabe]

LOLZ. ! Omfg. <3 I justt saww The taylor swiftt Concertt. <33 So Awesomee! Textt mee . & . Follow Me. (;