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Crypto Briefcase 2023 This section contains up-to-date news, cryptocurrency market analysis, public education and also a portfolio of investments Stable Coin Market grew by over $600 million in October despite Ambiguous supply dynamics The stable coin market grew by more than $600 million in October, despite Uncertain supply dynamics The stable coin economy showed growth in October after several consecutive monthly declines. A total of $608 million was added to the fiat-linked token market over the past month. Despite the growth, the supply of six stablecoins from the top ten declined during the month. The fiat-linked token market grew modestly in October, led by First Digital and Tether Last month, the supply of tether (USDT), the largest stable coin by market capitalisation, increased by 1.9%, bringing its current market valuation to approximately $84.98 billion. At the end of September 30, 2023, the crypto asset had a market capitalisation of $83.22 billion. Notably, the 456 cryptocurrency exchanges that include Tether saw a global trade volume of $19.79 billion in the stablecoin over the past 24 hours, representing more than 27% of the total $71.77 billion worth of transactions conducted across the ecosystem during the same period.
Runway Interstitial From the colorful streets of Buenos Aires, rhythmic synths paint the streets as you wait for your drop at the coin-op.
Analysts of ChainPlay service surveyed 1,503 cryptocurrency investors around the world. It turned out that the vast majority do not trust memecoins and consider them fraudulent. In their report "State of Memecoin 2023" ChainPlay experts write that distrust of such cryptocurrencies is mainly due to lack of knowledge and information about meme tokens. Only 30% of respondents said that they consider such investments a reliable investment. The remaining 70% treat meme tokens as a scam. At the same time, 73% of investors said that investing in such coins is more like gambling. At the same time, investing in meme cryptocurrencies is quite popular - the majority (53%) of investors believe that such tokens will grow significantly in value and can be used to make a profit before these tokens crash. 51% of investors devote less than an hour to looking for information about a new meme cryptocurrency. 55% of respondents said they mostly rely on luck when investing in tokens like PEPE or SHIB. 69% of investors invest in such cryptocurrencies just for fun and enjoyment. 64% expect high returns, while 61% of respondents invest for the sake of interest.
The CEO of US crypto exchange Coinbase discussed with the crypto community possible options for the near future, which will help make crypto asset payments instant and free worldwide. Brian Armstrong tweeted that the next step in the development of the cryptocurrency industry will be to make crypto asset payments instant and free across the globe. Yes, this will require a lot of effort from market participants, including Coinbase, Armstrong said. It will need to integrate second-tier solutions to scale blockchains and make it easier for users to sign up for cryptocurrency platforms. Cryptocurrency payments should cost users no more than one cent, and settlements should be done in about a second. If this is realized, many more payments will be made in cryptocurrencies, Armstrong is convinced. "Today, cryptocurrencies have great potential to improve the international payment infrastructure. But this potential is not fully realized because we are still stuck on tier one solutions. Payments are like water, they flow along the path of least resistance," explains the Coinbase CEO. MicroStrategy executive chairman Michael Saylor reacted to Armstrong's tweet. He is confident that Lightning Network will help with the task at hand.
I THINK THIS IS Golden Youth!🤔 Democratic U.S. presidential candidate Robert F. Kennedy Jr. said he bought 14 BTC - two bitcoins for each of his seven children. Robert F. Kennedy Jr. said that the decision was made after many people criticized him for comments made at a bitcoin conference in Miami. As some people put it, "Kennedy Jr. supports a volatile commodity while not being in the game himself." The politician explained that immediately after this conference, he decided to gift two bitcoins each to his children. During a speech at the Bitcoin Miami Conference in May, the presidential candidate denied personal investments in cryptocurrency. It was later revealed that he owned between $100,001 and $250,000 worth of bitcoins at the end of June. However, if the politician had bought 14 BTC at an approximate rate of $26,800, the total value of those bitcoins would have exceeded $380,000 at the end of June. Kennedy Jr. has also spoken out about banning bitcoin mining in some U.S. states. Last year, the New York State Senate backed legislation for a two-year moratorium on mining out of concerns that bitcoin mining was negatively impacting the environment. However, Kennedy Jr. called such arguments unfounded.
Christy Felkins, an 8-year-old resident of the US state of Nevada, who ordered the murder of her ex-husband for bitcoins, was jailed for just five years. Felkins decided to kill her ex-husband back in 2016. She found the killer on a darknet site and offered him $5,000 worth of bitcoins for the man's elimination, and also promised to pay an additional $4,000 for the quick execution of the order. Christie asked the killer to stage a fake robbery for the purpose of conspiracy. However, the portal in the dark segment of the Internet turned out to be fraudulent, and Felkins herself fell victim to con artists. But her misfortunes did not stop there - in 2020 the police found out about her criminal scheme and charged her. During the trial, the American admitted that she wanted to organize the murder of her husband during his trip to California. Apparently, the court took into account the absence of a crime as such and on July 20 passed a rather lenient sentence, sending her to prison for five years followed by three years of supervision.
NFT marketplace Oases has partnered with Vienna's Belvedere Gallery to put Austrian artist Gustav Klimt's "The Kiss" paintings on NFT's podge. This was announced to ForkLog by representatives of the company. In February 2022, Belvedere Gallery and the artèQ investment fund launched The Kiss NFT project. As part of it, the museum divided a digital copy of the painting "The Kiss" into 10,000 unique fragments and put them up for sale as NFTs. On the first day of the tokensale, users bought 1,730 NFTs worth over €3.2 million. The remaining tokens can be purchased on the Oases platform for Ethereum (ETH). "Klimt created a universal allegorical statement about love as the central theme of human existence. Austria acquired the picture for the Belvedere Gallery in 1908, and it has been within the museum's walls ever since. Today, "The Kiss" is considered an icon of Viennese Art Nouveau and European modernism. It is one of the most famous works of art in the world," the Oases commented. Gustav Klimt The Kiss Drop by Belvedere Museum & artèQ
Bitcoin exchange Binance is preparing to cut corporate benefits for employees, citing declining profits. This is reported by The Wall Street Journal. As of June 19, the company stopped offering certain benefits, including reimbursement for mobile, fitness and remote work. "Given the current market environment and regulatory climate, which has unfortunately resulted in lower profits, we must be more cautious with our spending," a spokesperson for the platform said in a statement. Further cuts are also possible in the future, Binance clarified
Gm frens😊
Gm 🌤️
Millions of dollars withdrawn from Multichain on Fantom The tokens moved include $58 million in USDC Stablecoin, 1,020 bitcoins in the shell ($30.9 million), 7,200 wrapped ethers ($13.7 million) and $4 million in DAI Stablecoin. It also included additional tokens such as Chainlink, Curve DAO, YFI, Wootrade Network and nearly a quarter of UniDex's total offering. Assets also appear to be moving over the Multichain Moonriver bridge, including $4.8 million and null million in dollars. Dogechain's dog-themed blockchain has also witnessed a sudden movement of funds, with at least $660,000 in U.S. dollars sent to the same target wallet used to move funds from Moonriver. To date, none of the funds have been transferred outside of the wallets to which they were originally moved. They have not been sold or transferred to a cryptocurrency mixing service. Multichain has not made a statement regarding the movement of funds. The Fantom Foundation said it was aware of "the situation unfolding at Multichain Bridge." "We are actively assessing the circumstances and will provide an update as soon as we have something to share," the statement said.
The EU suspects Binance subsidiaries of illegal activities in Ireland and Malta. This is reported by knowledgeable Protos sources. According to the sources, the company has been faking accounts and transactions in several EU jurisdictions. Also money of clients from different countries was mixed up to mislead regulators and EU tax services. Recall that the SEC accuses the exchange of numerous violations in the U.S. It is worth noting that the official reports do not explain the companies' income, and the firms themselves have no active activities that generate income. EU investigators suggest that the exchange purposely overstated the number of staff of the companies, combining this figure with freelancers who work on a contracting basis. The exchange also does not have licenses to operate in Ireland, and Malta. Binance Holdings (Ireland) includes several other companies as subsidiaries, including another company in Ireland called Binance (Services) Holdings. It owns Binance companies registered in Malta. Regulators from the EU have already received inquiries from the Securities and Exchange Commission (SEC) on the activities of Binance in the European region. At the moment EU regulators are considering all the circumstances of the case, so they have not yet responded to SEC requests for information on the activities of the exchange.
The EU suspects Binance subsidiaries of illegal activities in Ireland and Malta. This is reported by knowledgeable Protos sources. According to the sources, the company has been faking accounts and transactions in several EU jurisdictions. Also money of clients from different countries was mixed up to mislead regulators and EU tax services. Recall that the SEC accuses the exchange of numerous violations in the U.S. It is worth noting that the official reports do not explain the companies' income, and the firms themselves have no active activities that generate income. EU investigators suggest that the exchange purposely overstated the number of staff of the companies, combining this figure with freelancers who work on a contracting basis. The exchange also does not have licenses to operate in Ireland, and Malta. Binance Holdings (Ireland) includes several other companies as subsidiaries, including another company in Ireland called Binance (Services) Holdings. It owns Binance companies registered in Malta. Regulators from the EU have already received inquiries from the Securities and Exchange Commission (SEC) on the activities of Binance in the European region. At the moment EU regulators are considering all the circumstances of the case, so they have not yet responded to SEC requests for information on the activities of the exchange.
Important panel discussion around decentralized identity (DID) at IVS in Kyoto ⛩️🇯🇵 Working on some merch drops for community members soon 👀 What’s your phave crypto merch so far frens? 💜 [Phaver 🦄 on Twitter](https://twitter.com/phaverapp/status/1673924903064735744) “⛩️ GM / おはよう⛩️ We are live at #IVS2023 on Z-STAGE downstairs discussing about DID🎙️ Come say hi to get exclusive Phaver 🇯🇵 merch and guestlist for our sponsored events tomorrow! 🎟️ CRYPTO FRIENDS in Kyoto ⛩️ https://t.co/rgvlHv4Izj AZUKI GARDEN 🏞️ https://t.co/AqU467cUAh”
**New Mystic Stealer virus targets cryptocurrency passwords and keys**😨 Cybersecurity analysts at Zscaler and Cyfirma warn of a new virus called Mystic Stealer that steals passwords or keys from cryptocurrencies. This malware poses a serious threat to users because it can steal credentials from more than 40 popular browsers, including Chrome, Edge, Firefox, Opera and Vivaldi. The virus can also steal Telegram credentials. And Windows users of almost all versions are also at risk. The virus targets such popular applications as MetaMask, Coinbase Wallet, Binance, Rabby Wallet, OKX Wallet, OneKey and others. It is known that the first version of Mystic Stealer appeared in late April 2023. Analysts say that such a program can be purchased for $150 per month. Hackers are currently actively working on a new update to the virus. The creators of the virus also maintain a channel in the Telegram messenger called Mystic Stealer News. This channel publishes news about the development of the virus, discusses various features and other related issues. Recently, India's federal cyberattack technology arm, CERT-In, warned about the Royal ransomware encryption program. The hackers are attacking critical targets by demanding a ransom in bitcoins.
30,000 digital artifacts were released on the Ethereum cryptocurrency (ETH) blockchain within 18 hours of the release of the Ethscriptions ("ETH Inscriptions") protocol. Ethscriptions was developed by Tom Lehman, co-founder of the music website Genius.com. He was excited about the high popularity of his brainchild, but complained about the lack of time and asked everyone to help him to maintain the project by suggesting interesting ideas or sending a report on the bugs he found. The Ethicscriptions portal allows you to create a digital artifact in just 60 seconds using a built-in tool. To issue an asset, you need to: bind an Ethereum storage wallet on the Ethscriptions website; upload an image, weighing no more than 90 KB; convert the image into a URI character string; convert URI data to an Intel HEX file; send 0 ETH to the artifact storage wallet, stating its identification number in the Hex data field.
**Onchain data over the past week showed that only retail investors were scared of the U.S. regulator's lawsuits against Binance and Coinbase.** The low realization of profits and losses amid the lack of reaction from the hodlers indicates the "indifference" of investors to the lawsuits of the U.S. Securities and Exchange Commission (SEC) against the cryptocurrency exchanges Binance and Coinbase, analysts said Glassnode. Experts note that over the past week, the balance of stabelcoin on Binance was null.6 billion (about 20%), while bitcoin (BTC) and Ethereum (ETH) outflows from the platform were 5.7% and 7.1%, respectively. In the context of absolute values, however, the market reaction did not shake Binance's position as one of the largest holders of major cryptocurrencies. In the case of Coinbase, the balance changes were even smaller - the number of stabelcoins actually remained the same, and BTC was 2,300 less (about 0.5%). However, ETH owners withdrew 291,000 coins - about 8%. Analysts believe that the mass withdrawal of ETH is due to the stacking programs. Smaller investors most often withdrew money - there was a steady withdrawal of funds for transactions of less than $10 million - a net daily outflow of more than $130 million per day persisted throughout the week. At the same time, in deals of $10 million or more, the daily inflow rates ranged from $15 million to $30 million. "Cumulative withdrawals exceeded deposits by about 10%. Non-custodial holding of assets remains the preferred strategy for investors. Similar dynamics were seen after the FTX collapse," analysts noted.
**Lens SDK 1.1 - Improvements in this release** 1) Momoka support 2) Self-funded transactions fallback 3) Bi-directional pagination traversing 4) Supports limited free collects 5) Several `LensClient` improvements 6) Bug fixes and minor improvements **What's new?** **Momoka support** The Lens SDK React hooks now support Momoka publications. To start using Momoka today just upgrade to `@lens-protocol/react-web@latest` and the SDK will take care of the rest. The Lens SDK will choose Momoka posts over on-chain posts automatically based on your collect settings. It will also know when comments and mirrors need to be on Momoka infrastructure based on the referencing publication. **Self-funded transactions fallback** Occasionally gasless transactions might not be available for a given profile. To provide continuity in your user experience you can now fallback to execute transactions using the user's funds to cover gas costs. More documentation is available here: https://docs.lens.xyz/docs/self-funded-transactions **Bi-directional pagination traversing** It's now possible to traverse paginated results in both directions (older and newer results). This allows you to implement functionalities such as "pull to refresh" on a mobile app or fetch newer feed entries. See this example as a reference: https://github.com/lens-protocol/lens-sdk/blob/main/examples/web-wagmi/src/discovery/UseFeed.tsx#L63 **Supports limited free collects** Last month we launched a new collect module called `SimpleCollectModule`. In this SDK release, you can leverage all its potential. For example, you can define a Free Collect with a limited number of NFTs to be minted. **`LensClient` improvements** We added `client.authentication.verify` and `client.authentication.getAccessToken` methods to enable extraction and verification of someone's API credentials.
A large investor exchanged 10,000 BNB for 2.3 million USDT at $230 after two years of "hibernation. This is evidenced by Lookonchain data. https://twitter.com/lookonchain/status/1668201706398826497 According to onchain data, Whale managed to earn 110,000 BNB (~$47.5 million) two years ago from low-liquidity SafeMoon token transactions. The investor bought 10 trillion coins for just 10 BNB ($2400 at the time of the transaction). He then sold the assets at peak value and converted the proceeds back to BNB. In July 2021, he transferred 25,000 BNB to the wallet from which he made the recent exchange. After the transactions, 15,000 BNB - approximately $3.5 million - remained in the user's address. The sale occurred amid a lawsuit by the U.S. Securities and Exchange Commission (SEC) against Binance. On June 5, the regulator accused the platform of trading in unregistered securities.
Ethereum co-founder Vitalik Buterin published a roadmap highlighting the key areas for sustainable development of the second most capitalized cryptocurrency. He singled out three components that play a key role in preserving the decentralization and permissionless properties of ether: ◾L2 scaling; ◾Strengthening of wallet security; ◾data privacy. Buterin emphasized the importance of the first component - without it, Ethereum commissions will grow during bull phases of the market. As a consequence, users will switch to centralized alternatives. Regarding the second point, Vitalik Buterin expressed the opinion that due to potential security issues, market participants may attach less importance to non-custodial storage of assets. He suggested the use of smart-contract wallets that use complex features like "social" recovery. Buterin also stressed the importance of the third point. In his opinion, without reliable data privacy measures, users may refuse to use Ethereum. The introduction of protocols that use the concept of hidden addresses can prevent the latter.
**🤖about coinbase🤖** An anonymous options trader made a profitable short-term trade in Coinbase Inc. stock that made him a significant profit. As Bloomberg pointed out, while the cryptocurrency exchange's share price was still down, the trader bought 4,806 Coinbase put options at $50 with expiration on Friday, June 10. The transaction was made Monday morning, June 5, at 10:36 a.m., when Coinbase shares were trading at $61.77. Shortly thereafter, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance Holdings Ltd. which caused a general decline in the cryptocurrency market, including a nearly 12% decline in Coinbase's share price by noon in New York. The value of the put options purchased, which were purchased at $0.18 each, reached null after the sell-off. That represents an increase of 460% from the original price. The deal became even more lucrative the next day when the SEC announced a lawsuit against Coinbase, causing the share price to drop 21% in early trading. As a result, the price of the put options rose to $5.65 each, and the trader could potentially turn his $86,500 investment into as much as $2.6 million in less than a day. It remains unclear how much he was actually able to lock in.
Photography📷
The Global Financial Landscape: Navigating Uncertainty The world's financial situation remains in a state of flux, characterized by a delicate balance between recovery and persistent challenges. As the global economy strives to regain stability in the wake of the COVID-19 pandemic, it faces a host of complex and interconnected factors that continue to shape its trajectory. Economic Recovery: Amidst widespread vaccination efforts and easing of restrictions, several countries are experiencing a gradual economic recovery. This resurgence is supported by increased consumer spending, business reopening, and a rebound in global trade, fostering cautious optimism. Government Interventions: Governments worldwide have implemented extensive fiscal and monetary policies to stimulate economies and mitigate the impact of the pandemic. Massive stimulus packages, low interest rates, and accommodative measures have played a crucial role in sustaining economic activity, but concerns about inflation and rising debt levels linger. Inflationary Pressures: One key challenge on the horizon is the specter of inflation. As economies reopen and demand surges, supply chain disruptions, labor shortages, and rising commodity prices have begun exerting upward pressure on prices. Central banks face the delicate task of managing inflation without derailing economic recovery. Geopolitical Tensions: Geopolitical tensions continue to impact the financial landscape. Trade disputes, sanctions, and political uncertainties create headwinds for global markets, impeding investment flows and hampering business confidence. The evolving dynamics between major powers add an additional layer of complexity. Emerging Markets: Emerging markets face a unique set of challenges. They confront the task of balancing economic recovery with managing debt burdens, currency volatility, and structural reforms. The ability of these economies to navigate these obstacles will have far-reaching implications for the global financial system. Digital Transformation: The accelerated pace of digital transformation during the pandemic has had profound effects on the financial sector. Fintech innovations, cryptocurrencies, and decentralized finance have disrupted traditional financial models, presenting both opportunities and regulatory challenges. Climate Change and Sustainability: Sustainability and climate change have emerged as significant financial considerations. Investors increasingly integrate environmental, social, and governance (ESG) factors into their decision-making, driving the growth of sustainable finance and green investments. Income Inequality: The pandemic has exacerbated existing income inequalities, with certain segments of society disproportionately affected by job losses and reduced access to resources. Addressing these disparities is critical to achieving a more equitable and resilient financial system. Cybersecurity Risks: As the world becomes increasingly interconnected, the financial sector faces a growing threat from cyberattacks. Protecting critical financial infrastructure, customer data, and digital assets is an ongoing challenge that requires robust cybersecurity measures and international cooperation. Long-Term Economic Challenges: Beyond the immediate concerns, long-term challenges such as aging populations, healthcare costs, and technological disruption loom large. Preparing for these issues requires forward-thinking policies and investments in education, innovation, and sustainable development. ... The world's financial situation remains a delicate balancing act between recovery and ongoing challenges. Governments, central banks, and international institutions must continue to collaborate and adapt to address the evolving landscape. Striking a balance between stimulating economic growth, managing inflationary pressures, fostering sustainability, and addressing inequalities will be crucial for a resilient and prosperous financial future.
**Morning market review 05.30.2023** Good morning, friends. 📊 Bitcoin began its recovery over the weekend. As we already noticed, the modern market has loved the round levels of $26,500, $27,000, $27,500. The $30,000 level acted as strong resistance last time. In this situation Bitcoin price is moving progressively, each time going up by 1 step. The final step should be the retest of the level. 📉Indicator of short positions on BTC futures fell sharply, and long - is growing, which indicates the positive mood of investors. At the end of the week the situation may change dramatically. Have a good day and good mood!
What is $GHO? What is $GHO from @aaveaave.lens ? Hear @stani.lens explain how the new stable coin $GHO from @aaveaave.lens will add more liquidity and help advance DeFi. This is a clip from the full length interview which can be found here: https://orb.ac/post/0x011f55-0x10ce-DA-f0032771 https://lenster.xyz/posts/0x011f55-0x10ce-DA-f0032771 Collect the full version Podcast NFT here: https://chriscomrie.com/1-stani-kulechov-AEga
**Tether is stocking up on bitcoin: The company is investing up to 15% of its profits in BTC** *Tether, the issuer of the leading U.S. dollar-linked stablecoin USDT, is following in MicroStrategy's footsteps when it comes to financial reserves. The company plans to bolster them with bitcoin and phase out collateral in the form of government bonds issued by the United States.* Tether said in a May 17 announcement that it plans to invest a portion of its profits in BTC each month. The company said it would "regularly allocate up to 15% of its net realized operating income to buying bitcoin." "Tether's purchase of BTC is part of its conservative and prudent approach to investment decisions to strengthen, grow and diversify its reserves," the company said in a statement. A week ago, the company released its quarterly financial report, in which the stabelcoin issuer reported net income of null.5 billion. That was also when the company's gold and bitcoin holdings first became known - as of March 31, Tether held null.5 billion in bitcoin, about 2% of its roughly $80 billion in total reserves, and $3.4 billion in gold, about 4% of its reserves. Tether also said that BTC was an obvious choice because the market-leading cryptocurrency has proven itself to be an asset that can retain its value over time. The Stablecoin issuer cited the tremendous growth in bitcoin's price over the past decade and its resilience at times when traditional financial institutions are in crisis as arguments for the decision. In a statement, Tether Chief Technology Officer Paolo Ardoyno said that the world's first and largest cryptocurrency is based on its potential as an investment asset. He added that bitcoin's limited supply, decentralized nature and widespread distribution made it "the preferred choice among both institutional and retail investors." "Our investment in bitcoin is not only a way to improve the performance of our portfolio, but also a way to embrace a transformative technology that has the potential to change the way we do business and live our lives," Ardoyno said. MicroStrategy has a similar plan to invest in bitcoin, actively replacing the U.S. dollar in its reserves with the first cryptocurrency. While MicroStrategy does not have a fixed time frame for investing in BTC, Tether plans to do so at the end of each month.
**Meme tokens have taken the cryptocurrency world by storm in recent years. These tokens are based on popular internet memes and have gained a significant following among crypto enthusiasts.** Meme tokens are essentially cryptocurrencies that are based on memes. They are created as a joke or a parody, but they can still be traded on cryptocurrency exchanges like any other cryptocurrency. The value of meme tokens is often based on the popularity of the meme they are based on, rather than any underlying technology or utility. One of the most popular meme tokens is Dogecoin, which was created in 2013 as a joke based on the popular "Doge" meme. Despite its origins as a joke, Dogecoin has become a serious cryptocurrency with a market cap of over $30 billion. Other popular meme tokens include Shiba Inu, which is based on the popular "Doge" meme but features a different breed of dog, and SafeMoon, which was created as a parody of other cryptocurrencies but has gained a significant followingin its own right. Meme tokens have been criticized by some in the cryptocurrency community for their lack of utility and the potential for investors to be misled by their popularity. However, others argue that meme tokens can be a fun and lighthearted way to engage with the cryptocurrency world and can even have real-world impact, such as Dogecoin's recent donations to charitable causes. Overall, meme tokens are a unique and interesting phenomenon in the cryptocurrency world, and their popularity shows no signs of slowing down anytime soon.
.@blur_io recently launched Blend, a peer-to-peer perpetual lending protocol for NFTs. As of late last week, Blur lending has maintained a ~18% volume share on the platform. https://t.co/kRWiKC5RXR
***OpenAI boss Sam Altman is in "preliminary talks" to raise $100 million in financing for Worldcoin, a project aimed at creating a collective and globally distributed cryptocurrency.*** A May 15 Financial Times report quoted sources familiar with Worldcoin's funding talks as saying that the $100 million would come from "existing and new investors." When it was first introduced to the world, the startup boasted a Series A funding round led by a16z, whose investors also included Digital Currency Group, Coinbase Ventures, and former FTX CEO, Sam Bankman-Fried and LinkedIn co-founder, Reed Hoffman. A March 2022 report by The Information claimed that the firm had raised $100 million from investors through private sales of tokens. In a recent report, one person familiar with the matter said the potential new funding was significant given the protracted crypto winter. "It's a bear market, a cryptocurrency winter. It's remarkable that a project in this area has received this amount of investment," the source said. Worldcoin, co-founded by Alex Blania, Sam Altman and Max Novendstern, began work on the project in early 2020. According to Worldcoin executives, the project aims to "solve two problems" that have arisen due to the growing complexity of artificial intelligence.
today a wanted to eat...a croissant A BIG CROISSANT
Proof of Steak 🐶 Commemorate Ethereum's successful Merge with this Blockchain Beagle! 2048x2048 Created with Midjourney #AI #AIart #NFTart #Ethereum #Merge #Beagles #Blockchain #BlockchainBeagle
The head of Tesla, Ilon Musk, believes that there is already a whole graveyard of dead banks in the United States. They show that there is a lot of economic stress in the country. And all this happened because the Fed's monetary policy for the past six months is too tight. Business Insider writes about it. In a tweet, the billionaire was responding to the economic forecast of former U.S. Treasury Secretary Larry Summers, who predicted that the U.S. has a 70 percent chance to slip into recession within the next year. Elon Musk believes that a moderate recession has already happened, a rate hike will only make it worse, and the graveyard of dead U.S. banks will expand Elon Musk is convinced that a moderate recession has already occurred. Further rate hikes will cause a serious recession. Elon Musk points to the crisis in the U.S. banking system. According to the billionaire, the graveyard of dead banks is rapidly filling up. The bankruptcies signal serious stress on the economy caused by the Fed's rate hikes. Recall that over the last year the Fed raised interest rates by 475 basis points to curb inflation, which could easily plunge the U.S. economy into a deep recession.
Mining company Bitdeer expects to build a 100 MW power plant in Bhutan for carbon-free cryptocurrency mining The investment arm of the Kingdom of Bhutan and mining company Bitdeer Technologies plan to find investors for a $500 million fund to develop environmentally friendly cryptocurrency mining in the Himalayan kingdom. Fundraising will begin as early as the end of May. The goal of the fund is to launch a carbon-free bitcoin mining center that uses hydroelectric power, according to a joint statement from the two companies filed with the U.S. Securities and Exchange Commission (SEC). According to the document, Bitdeer expects to build a 100 MW power plant in Bhutan, with construction to begin in the second quarter and be completed in July-September.
I just voted "Yes ✅" on "Poll by @yoginth.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0xf925c956cdb2a8797fde0f6bdc598727a2944be742621a5230cc15d25d8f3f91 #snapshotlabs
Cryptocurrency exchange KuCoin reported that its Twitter account was hacked The platform promises to compensate users for losses incurred due to the incident and strengthen security measures Cryptocurrency exchange KuCoin warned about the hacking of its official Twitter account (the social network is blocked in Russia). The incident occurred on the night of April 23 to 24. The platform reported that a small number of users lost funds due to actions related to fake tweets. KuCoin is a centralized crypto exchange that ranks 7th in terms of trading volume. In the last 24 hours, according to CoinGecko, that figure on the platform was $514 million. The attackers gained access to the KuCoin account for 45 minutes. After the exchange recovered the account, it identified 22 transactions, including bitcoin and Ethereum, that were linked to the incident. The platform estimated the total loss at approximately 22,600 USDT. adv.rbc.ru. "Kucoin will fully reimburse all asset losses caused by the social network hack and fake activity. To prevent more users from being harmed, we are currently checking and blocking suspicious addresses," the statement reads. Kucoin claims that users' assets on the exchange remain safe. An investigation into the incident is underway. In addition to the existing two-factor authentication, the platform intends to introduce additional security measures on its social media accounts.
*“It’s **not about choosing one network to rule them all** — that is crazy Silicon Valley logic,”....* *"The future is that you’re a member of dozens of different communities, because as human beings, that’s how we are.”* Topical read on the trend back to smaller internet spaces: https://www.nytimes.com/2023/04/19/technology/personaltech/tiktok-twitter-facebook-social.html If you're building a community-oriented app on Lens pls reach out or comment below!
Layer 2 (L2) solutions are rapidly gaining popularity. They significantly speed up transactions and save on fees, which is especially important when there is a high level of onchain activity against the backdrop of market recovery. Large platforms like Aave or Curve support a range of new networks. This approach makes DeFi-applications more attractive and accessible to users without significant funds. TVL leader Arbitrum recently did an Airdrop where over 600,000 market participants collectively received ~1.16 billion ARB for their activity. This event caused quite a stir in the community, and helped inflow of funds to other protocols, which don't have ARBs yet. In this article, let's take a brief look at the features and ecosystems of L2 projects gaining popularity - Arbitrum Nova and zkSync.
GM! Happy Sunday, have a good one 💜
How do I see the near future in technology? I see technology continuing to develop rapidly in the near future and penetrating all areas of life. There will be a big focus on artificial intelligence, automation and digitalization of processes, as well as the creation of environmentally friendly and energy-efficient technologies. In medicine, major breakthroughs are expected in genetics and the treatment of diseases. Overall, technology will continue to improve our lives, but care must be taken to ensure that it does not spiral out of control and threaten human security and privacy.
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**Tether**, the issuer of the first by capitalization USDT stabelcoin, announced that users of the exchange service SimpleSwap now have access to trading pairs with Euro Tether (EURT) and Tether Gold (XAUT). Tether offered SimpleSwap clients the opportunity to trade in two more stable cryptocurrencies EURT and XAUT. In total SimpleSwap offers its clients more than 500 types of digital assets and trading pair options. Now the company's offerings most often include three stabelcoins: USDT, EURT and XAUT, backed by gold and long considered as a protection against inflation. Tether practices a rather aggressive marketing policy, which causes the cryptocurrency community to be concerned about its real background. In particular, U.S. regulators suspect that the company has been misrepresenting the real amount of collateral for its stabelcoin.
FREE MINT "weekend" is live on sound.xyz! it's free for all of my followers on lens. https://www.sound.xyz/pastel/weekend-prod-werb This song is about being curved. I wrote it in 2022 as a founding member of The Outsider Collective, for our debut release: The Loser Club Mixtape Volume 1. Writing & Vocals: Leo Pastel Production: werb Additional Production: Leo Pastel Mix: Talaya. Cover Art: Leo Pastel
New episode ft. Nick Hollins, a journalist, podcaster, and Co-Founder of @ufoclub.lens. Excited to publish this one and share some unique content for the Lens 🌿 community. Here are some of the highlights from our conversation. 🧵 1) Nick shared his journalism and music background and how he became interested in crypto and the web3 space. He discussed his involvement in various web3 projects, including his work with Voyager and the UFO project. 2) Additionally, we spoke about the importance of community building and marketing in web3, how writing NFTs have helped Nick build his community, and insights into the unique aspects of writing NFTs compared to other forms of digital content. 3) Nick also explained his mental model for using different web3 platforms and his vision for the future of web3 native audiences. We discussed the potential for web3 to create new opportunities for artists and creators, and how the technology could reshape the creative industries. Overall, it was a fascinating conversation, def worth a listen. I hope you guys enjoy it! 🔗 https://open.substack.com/pub/levychain/p/the-rise-of-writing-nfts-and-collectible?
Last Mile DeFi 03: Education as a catalyzer of mass adoption with Camila Ramos gm! On episode 03 of Last Mile DeFi, we speak with Camila Ramos where we explore Cami's journey towards becoming a developer, the importance of equitable access to education, and why Cami is driven by leveraging crypto rails to deliver financial freedom. Born in Colombia, and brought up in California, Cami’s journey towards becoming a developer began at an early age when she took an hour-long coding course in high school. At the same time, she also saw the inequity in accessing computer science education for black and latino students at her high school. This then kicked off her journey towards unlocking more educational opportunities for underrepresented communities through her writing and content she produces. Cami’s north star is led by bringing crypto to those who need it most, particularly those in the global south. She sees an opportunity for crypto to provide enhanced financial infrastructure and drive more prosperity for Latin Americans, rather than seemingly futile applications that often times get a lot of attention in mainstream crypto that don’t provide practical use-cases for whose who have most to benefit most from crypto - points she discusses in her piece “The Deadend of Eurocentric Crypto”. This year Cami is focused on not only researching where crypto’s key intervention points lie, but also working towards building and implementing real solutions that drastically enhance people’s lives. We also explored what real world adoption Cami has seen to date in Latin America and why she believes particular use-cases have taken off in the region and what we can do to nurture more adoption through creating better-designed user flows. One of the most interesting points of conversation is where we explore the questions around whether it is the job of incumbent crypto players to expand into the LatAm region or whether we could see more home-grown projects emerge locally. Learn more and listen: https://marcus.mirror.xyz/L5hJG_U1DRmsicPY5xano_s40IX4j_vBd6_0Mqug_N8
**N e w t e c h n o l o g i e s o f 2 0 2 3** 👉The year 2023 marks another milestone in the advancement of new technologies. 👉One of the most significant developments is the rise of 5G networks, which offer faster internet speeds and greater connectivity. 👉Artificial Intelligence (AI) has also continued to improve, allowing for more sophisticated applications in fields such as healthcare and finance. 👉The Internet of Things (IoT) has become even more ubiquitous, with smart devices now integrated into every aspect of our daily lives. 👉Augmented Reality (AR) and Virtual Reality (VR) have also advanced, allowing for more immersive and interactive experiences. 👉Blockchain technology has continued to gain momentum, with the potential to revolutionize industries such as banking and supply chain management. 👉The use of drones has increased, with new applications in fields such as delivery, agriculture, and disaster relief. 👉Quantum computing has continued to make strides, with the potential to solve complex problems that are currently impossible for traditional computers. 👉Biotechnology has continued to advance, with breakthroughs in gene editing and personalized medicine. 👉Finally, renewable energy technologies have continued to improve, with more efficient and cost-effective solutions for powering our world sustainably.
The True USD Stablecoin (TUSD) team has partnered with blockchain project The Open Network. The collaboration will allow users to quickly and securely transfer an asset to the TON network via Orbit Bridge. According to the statement, TUSD is available on a number of blockchains like Ethereum, TRON, BSC, Fantom and Polygon. The stablecoin has a market capitalization in excess of $2 billion. As a result of its integration with Chainlink, the token uses a Proof-of-Reserves solution to validate collateral. The Orbit Bridge crosschain platform is developed by the Korean company Ozys. The protocol allows crypto-assets to be transferred to multiple networks, including Ethereum, BNB, Polygon, Klaytn, ICON and XRP.
1 more day. @lensgardennft.lens 🪴🌿
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*i love anime*