The Pink Panther pricePRIME

The #Ethena custodial wallet has transferred 246M $ENA, worth $196M to #Coinbase Prime 🏦 In a separate move, @CryptoHayes bought 578,956 #ENA from #Binance, boosting his total holdings to 5.02M ENA 📈

Ethena Custodial Wallet Transfers 246 Million ENA to Coinbase Prime, Approximately $196 Million

Good morning #Degens ☀️ ☕️ Coffee in one hand, portfolio in the other What’s your prime focus in the #crypto market today? 🧐

A new report highlights the launch of the iPhone 17 and its advanced security features, which are set to provide enhanced protection for cryptocurrency users. While the U.S. dollar price remains stable, the appreciating value of digital assets is making the device feel significantly more accessible to crypto holders. A New Shield for Digital Assets: Memory Integrity Enforcement (MIE) The iPhone 17 introduces a sophisticated new security feature called Memory Integrity Enforcement (MIE), powered by its new A19 chip. MIE is specifically designed to combat memory-based vulnerabilities, such as buffer overflows and use-after-free errors. These are common attack vectors used by hackers to compromise crypto wallets and steal private keys. By actively detecting and blocking these exploits, MIE makes it significantly more difficult for malicious actors to access and steal digital assets stored on the device. This heightened level of security is crucial as the value of cryptocurrencies continues to rise, providing an ever-increasing incentive for cybercriminals. The "Crypto Discount": A Tale of Two Prices In a fascinating market dynamic, the article reveals that while the iPhone's price in U.S. dollars has remained consistent since the iPhone 11, its cost in terms of cryptocurrencies has plummeted. The article points out that the price of an iPhone 17 in Bitcoin is approximately half the price of an iPhone 16 was just a year prior. This "crypto discount" is a direct result of Bitcoin's impressive price appreciation, making high-end technology more accessible to the crypto community. This trend highlights how the value of digital assets can change the perceived cost of major consumer products, providing a tangible benefit to long-term holders. The Growing Need for Advanced Mobile Security As the crypto market matures and digital assets become more integrated into daily life, the importance of robust security has never been higher. The sheer volume and value of assets held on mobile devices have made them prime targets for sophisticated attacks. The introduction of MIE is a timely response to this evolving threat landscape. By investing in this type of hardware-level protection, Apple is not only safeguarding its users but also potentially increasing consumer confidence in using their mobile devices for managing significant digital wealth. This security feature could pave the way for wider adoption of crypto wallets and other financial applications on mobile platforms. 📌 Final Thoughts The iPhone 17 represents a significant step forward in mobile security for the crypto community. The combination of hardware-backed protection like MIE and the relative affordability of the device in crypto terms creates a compelling value proposition for digital asset holders. While the tech industry often focuses on new features and performance, this report highlights a crucial shift toward security, driven by the unique needs of a rapidly expanding and high-value market. 🔐 Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.

According to @EmberCN, in the past 8 hours, 246 million ENA (approximately $196 million) were transferred from Ethena’s custody wallet to Coinbase Prime. In addition, BitMEX co-founder Arthur Hayes purchased 578,956 ENA worth $467,700 on Binance.