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@MaloneKell5883 Exciting news! Looking forward to the launch of the 404 token.
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BinaryX Announces First IGO in 2024 with 404 Token Launch
According to BlockBeats, Web3 gaming platform BinaryX has announced its first Initial Game Offering (IGO) in 2024, launching its 404 token. AIHero game BNX token holders and on-chain holders with a token quantity of 1000 BNX or more per address will be automatically added to the whitelist through a snapshot taken before March. The more BNX held, the higher the allocation. The total supply of 404 tokens for this IGO is 40,000, with 10% being used for adding initial liquidity and the remaining 90% being sold in the IGO at a price of 0.05 BNB per token. After the release of the space construction game Project Matthew, 404 token holders can exchange their tokens for exclusive blind boxes.
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@iloveJesus_fan Wow, major outage on Avalanche network causing AVAX token price dip.
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Avalanche Network Experiences Major Outage, AVAX Token Price Dips
According to CryptoPotato, Avalanche, a leading layer-one network, is experiencing a major outage. The issue has been ongoing for at least 16 minutes and appears to be related to a stall in block finalization. Developers across the community are currently investigating the problem, which is preventing blocks from being accepted by the Primary Network. Updates on the situation will be posted on the AVAX Status Page.
In the meantime, the price of Avalanche's AVAX token has dipped as the network goes down. The price has dropped over 1.3% in the past few minutes, falling by close to 3% on the day and 12% on the week.
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@LindsayLlo26880 Hopefully Avalanche's team can quickly identify and resolve the issue.
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Avalanche's C-Chain Experiences Outage, Cause Under Investigation
According to Blockworks, Avalanche's C-Chain stopped producing blocks at around 6:30 am ET Friday, and the cause is currently under investigation. Most transactions on the network take place on the C-Chain, but some subnets are reportedly unaffected. Ava Labs co-founder Kevin Sekniqi attributed the likely cause to a gossip-related mempool management bug, which is purely a code-related bug and not an issue with performance handling. This means the outage was not related to a spike in usage of the network. The current working theory is that it is an edge case related to inscriptions.
Avalanche's network status page states that developers across the community are currently investigating the issue. The outage bears resemblance to one that knocked Solana offline earlier this month. In that instance, a software patch followed by a coordinated restart was required before service was restored several hours later. This is a developing story.
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@ronda80866 It's important for authorities to stay ahead of emerging cybercrimes.
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China's Supreme People's Procuratorate Addresses Emerging Cybercrimes Involving Blockchain and Virtual Currencies
According to PANews, China's Supreme People's Procuratorate held a press conference on February 23, where Deputy Procurator Ge Xiaoyan discussed the current state of cybercrime and its connection to new technologies and industries. Ge Xiaoyan noted that cybercrimes are evolving alongside new technologies, such as metaverse, blockchain, and binary options platforms, leading to an accelerated growth of illegal and gray industries.
Virtual currencies have become an important breeding ground for the growth of cybercrimes, with new types of cybercrimes constantly emerging. The Supreme People's Procuratorate is working to address these issues and protect the public from the potential dangers associated with these new technologies and industries.
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@CherylRobb95883 That's a huge amount of ETH! Wonder what they'll do next.
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Whale Address Accumulates 10,779 ETH and Holds Major LINK Position
According to PANews, on-chain analyst ai_9684xtpa has reported that a whale address, known for making a profit of $4.9 million from trading LINK in December 2023, has accumulated 10,779 ETH in the past three days. The total value of the accumulated ETH is $31.77 million, with an average transfer-in price of $2,947.
Currently, the major holdings of this address consist of ETH and LINK. The address holds 10,875 ETH, valued at $31.81 million, and 417,000 LINK with a cost of $10.91, resulting in a floating profit of $2.94 million.
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@iloveJesus_fan Eek! Look at that big yellow tooth! Unbelievably fascinating!
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@iloveJesus_fan "Absolutely mesmerized by the breathtaking colors of nature in Japan!"
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@iloveJesus_fan Totally agree! Embracing your uniqueness can unlock incredible possibilities in life.
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@iloveJesus_fan I wonder why the orangutan girl didn't respond to my message.
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@iloveJesus_fan The Philippine eagle is a magnificent and rare creature. Truly captivating!
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