What is currently the cheapest L2?
Is there any website that tracks the gas fee across all the eth L2s? submitted by /u/clean_pegasus [link] [comments]
Is there any website that tracks the gas fee across all the eth L2s? submitted by /u/clean_pegasus [link] [comments]
Shiba Inu (SHIB) has recently witnessed a tumultuous journey marked by a sharp reversal from its peak at $0.00001136. This reversal, known as a V-top, has raised significant concerns within the crypto community and the trading floors. But what exactly does this term mean, and what implications does it hold for SHIB investors and enthusiasts? A V-top reversal is a distinctive price pattern observed in technical analysis. It occurs when a cryptocurrency’s value experiences a rapid ascent to a peak, followed by an equally swift decline. Related Reading: Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery? In SHIB’s case, this sharp reversal saw its value plummet from $0.00001136, a striking deviation from its recent surge. This downward spiral has caused the current price to stand at $0.00000789 according to CoinGecko data, reflecting a 4.5% drop within 24 hours and a staggering 23.1% slump over the past seven days. Shiba Inu: The Intersection Of FUD And Network Activity The timing of this massive price slump coincides with a period of uncertainty and anxiety within the SHIB community, centered around the Shibarium Layer 2 launch. The emergence of fear, uncertainty, and doubt (FUD) has cast shadows over the project, leading to heightened caution among SHIB holders. Similar to Polygon, Ethereum, and other blockchains, Shibarium is open for anyone to build on. Regrettably, this also provides an avenue for bad actors to develop scam dApps and rug-pull tokens, among other things. The mere incorporation of the term “Shibarium” or “Shib” in… pic.twitter.com/AiNqORi7J2 — 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) August 16, 2023 Lucie Shib, a prominent figure in the Shiba Inu executive team, further accentuated these concerns by issuing warnings about potential risks of exploitation. As a result of these apprehensions, SHIB holders have noticeably scaled back their transactional engagement over the past week. A closer look at CryptoQuant data highlights a stark contrast: on August 12, the SHIB Transaction Count exceeded 16,500, pushing the price to a four-month peak. Source: CryptoQuant However, this number dropped drastically to a mere 5,601 transactions on August 21, signifying a substantial 66% decline in network activity. This trend has been fueled not only by Shibarium FUD but also by the broader downtrend sweeping through the crypto market. Related Reading: XRP About-Face Sparks Another Descent – What Lies Ahead? Shiba Inu (SHIB) is currently trading at $0.00000795. Chart: TradingView.com A Glimpse At SHIB Demand And Potential Recovery Meanwhile, recent trading data from multiple cryptocurrency exchanges indicates that Shiba Inu enthusiasts are actively placing purchase orders, indicating their optimism for a positive market shift. This reflects their confidence in a potential bullish reversal and their active engagement in shaping Shiba Inu’s future. Source: IntoTheBlock Optimistic investors have initiated live purchase requests for nearly 2 trillion SHIB tokens, marking a rise of 400 billion compared to the 1.5 trillion SHIB orders registered the previous week. In contrast, the quantity of sell orders has maintained its position at 1.2 trillion SHIB tokens, showing little movement. Related Reading: XRP About-Face Sparks Another Descent – What Lies Ahead? This intriguing observation suggests that, despite prevailing uncertainties, market demand for SHIB remains strong, as investors potentially await the clearance of FUD clouds. Looking ahead, the resolution of challenges surrounding the Shibarium L2 network could pave the way for SHIB to regain momentum and reclaim the $0.000011 threshold. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Sniper Country
Florida Governor Ron DeSantis and Vivek Ramaswamy will be in attendance at the political debate on Aug. 23, but not Miami Mayor Francis Suarez, despite earlier claims.
The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price.
Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools. While emergency measures have been implemented successfully to safeguard a significant portion of Total Value Locked (TVL), a portion of funds remains at risk. As a precautionary measure, Balancer Labs advises users to withdraw their affected Liquidity Provider (LP) funds without delay. It is important to note that, at present, no funds have been lost, and the vulnerability has not been exploited. Related Reading: Shiba Inu Community Leaves Shibarium Launch Troubles Behind As Wallet Count Crossed 10 Million Balancer Discovers Critical Vulnerability According to the announcement, Balancer Labs promptly executed emergency mitigation procedures upon receiving the critical vulnerability report, successfully protecting over 80% of the affected pools. However, approximately 4% of Balancer’s TVL is still exposed to risk. Balancer has received a critical vulnerability report affecting several V2 Pools. Emergency mitigation procedures have been executed to secure a majority of TVL, but some funds remain at risk. Users are advised to withdraw affected LPs immediately.https://t.co/PDzX32gqeS pic.twitter.com/F1f649Wz3L — Balancer (@Balancer) August 22, 2023 To address this, the Emergency SubDAO 60 swiftly enacted measures to facilitate proportional exits from all impacted pools and implemented a pause on pools that remain within the designated pause window. While the funds within the mitigated pools (designated as “mitigated”) are believed to be secure, Balancer Labs advises liquidity providers’ users to migrate their holdings to safe pools or initiate immediate withdrawals. Pools that could not be fully mitigated are labeled as “at risk,” and LPs who are currently part of these affected pools are urged to exit promptly to ensure the safety of their funds. Furthermore, Balancer Labs has provided a personalized page on their user interface (UI) to assist users in identifying if their connected wallet is associated with any impacted pools. A streamlined withdrawal process has also been established to guide users through the necessary steps. Related Reading: Bitcoin Dip Worth Buying? What Market Sentiment Suggests Ultimately, Balancer Labs plans to publish a comprehensive post-mortem report, detailing the nature of the vulnerability and the steps taken to address it effectively, aiming to provide users with a clear understanding of the incident and the subsequent mitigation efforts. Following the vulnerability disclosure, Balancer’s native token, bearing the ticker symbol BAL, has experienced a decline of 2.6% in the past few hours. Presently, the token is trading at a value of $3.475. Featured image from iStock, chart from TradingView.com
submitted by /u/Snjordo [link] [comments]
There has been much speculation from various YouTubers that BTC Dominance will and must rise during this late stage bear market sell off. I am under the opinion that this is neither likely, nor is there any prior evidence to suggest otherwise. In the lifespan of BTC it has never definitively broken above the 200…
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I just purchased a ledger nano s plus as my introduction to cold crypto storage. I'm excited to start using it but I wanted to learn of some ways that the community protects their crypto assets? Of course, I could do some research online but I'm well aware of the ingenuity of the people on…
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So something that comes up once in a while is a legit software like WinRAR might have a security problem, and in many cases it has been patched but people don't update to the newest. This leading to major problems. This is my example for this case: https://www.zerodayinitiative.com/advisories/ZDI-23-1152/ https://preview.redd.it/q8c9g8qiuojb1.png?width=1249&format=png&auto=webp&s=13971368fa991330386fdb7f79b06143cf4e4ab2 I'm using WinRAR as an example…
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submitted by /u/tambaybtc [link] [comments]