BIB Token Excellently Passed Smart Contract Audit by Armors Labs
The usability of cryptocurrencies is growing despite the market challenges in the past few months; many projects have come up with new use cases in NFT, DAO, and DeFi. Despite this development, the crypto market has recently suffered many hacks, which is scary because no investor will want to invest in tech and lose his money to hackers.
Crypto investors lost $2 billion to hacks in 2022. The figure is expected to grow rapidly because crypto investors have lost more funds in the last few months compared to the beginning of the year. Blockchain companies must address security issues if cryptocurrency adoption is to grow in the next few years.
The usability of cryptocurrencies is growing despite the market challenges in the past few months; many projects have come up with new use cases in NFT, DAO, and DeFi. Despite this development, the crypto market has recently suffered many hacks, which is scary because no investor will want to invest in tech and lose his money to hackers.
Crypto investors lost $2 billion to hacks in 2022. The figure is expected to grow rapidly because crypto investors have lost more funds in the last few months compared to the beginning of the year. Blockchain companies must address security issues if cryptocurrency adoption is to grow in the next few years.
Huobi Token (HT) Skyrockets 84% After News of Sun’s Role as Advisor
The Huobi Token (HT) has jumped by a massive 84% following the reports that Tron founder Justin Sun is acting as an advisor with the exchange. The token is currently $6.89 after being around the $4.0 mark only three days ago.
HT/USDT Chart by Trading ViewThe fully diluted market cap of the token is $3.5 billion, up 8.5% over the past 24 hours. The 24-hour trading volume of the token is $83.5 million. The token is now at a four-month high.
The token is obviously experiencing a surge because of the spate of news that has been reported in the past few days. One particularly significant development is the fact that Sun said on October 10 that the HT token was important to Huobi’s revival. Sun said on Twitter,
The Huobi Token (HT) has jumped by a massive 84% following the reports that Tron founder Justin Sun is acting as an advisor with the exchange. The token is currently $6.89 after being around the $4.0 mark only three days ago.
HT/USDT Chart by Trading ViewThe fully diluted market cap of the token is $3.5 billion, up 8.5% over the past 24 hours. The 24-hour trading volume of the token is $83.5 million. The token is now at a four-month high.
The token is obviously experiencing a surge because of the spate of news that has been reported in the past few days. One particularly significant development is the fact that Sun said on October 10 that the HT token was important to Huobi’s revival. Sun said on Twitter,
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse.
The market witnessed the collapse of FTX within a week, and worse still, the exchange announced their wallet was hacked after filing for bankruptcy protection in the US. The remaining funds in the company have been wiped out completely. No one is the winner in this chaos, as it continues to harm the whole industry.
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse.
The market witnessed the collapse of FTX within a week, and worse still, the exchange announced their wallet was hacked after filing for bankruptcy protection in the US. The remaining funds in the company have been wiped out completely. No one is the winner in this chaos, as it continues to harm the whole industry.
Popular Crypto Analyst Issues Ethereum Warning, Details Catalysts That Could Trigger Massive Plunge
Widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) may collapse due to at least one big economic worry.
In a new strategy session, Cowen tells his 779,000 Youtube subscribers that the leading smart contract platform could decline by more than 65% from its current price of $1,174.
Widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) may collapse due to at least one big economic worry.
In a new strategy session, Cowen tells his 779,000 Youtube subscribers that the leading smart contract platform could decline by more than 65% from its current price of $1,174.
XRP Lawsuit: Ripple Will Emerge Victorious In Case With SEC, Attorney Explains Why
XRP adherents remain confident that Ripple will trump the US Securities and Exchange Commission (SEC) in the ongoing legal brawl. Attorney John Deaton, moderator of over 75,000 XRP holders participating as amici curiae in the case, recently reiterated this sentiment.
In a Twitter thread, the Crypto Law founder wrote that Ripple’s victory is certain thanks in part to the SEC stretching its arguments “too far.” He explains that the SEC claims the disputed XRP token “was, is, and always will be a security.”
XRP adherents remain confident that Ripple will trump the US Securities and Exchange Commission (SEC) in the ongoing legal brawl. Attorney John Deaton, moderator of over 75,000 XRP holders participating as amici curiae in the case, recently reiterated this sentiment.
In a Twitter thread, the Crypto Law founder wrote that Ripple’s victory is certain thanks in part to the SEC stretching its arguments “too far.” He explains that the SEC claims the disputed XRP token “was, is, and always will be a security.”
Lead Shiba Inu Developer Explains How Shiba Inu (SHIB) Portal Could Boost the Progress of Much-Hyped Shibarium
The lead developer of Shiba Inu (SHIB) is addressing how the new SHIB Portal could boost the progress of the ecosystem’s upcoming layer-2 project.
Speaking through a prominent SHIB loyalist, pseudonymous developer Shytoshi Kusama says the “Join Shibarium” portal that launched last week is helping the project link up with the professional firms and node validators needed for it to flourish.
The lead developer of Shiba Inu (SHIB) is addressing how the new SHIB Portal could boost the progress of the ecosystem’s upcoming layer-2 project.
Speaking through a prominent SHIB loyalist, pseudonymous developer Shytoshi Kusama says the “Join Shibarium” portal that launched last week is helping the project link up with the professional firms and node validators needed for it to flourish.
MicroStrategy Spends $29 Million Buying More Bitcoin As BTC Eyes $30,000
American software company MicroStrategy, the largest corporate holder of Bitcoin (BTC) reserves, announced on Wednesday that it had purchased another 1,045 Bitcoin as the leading cryptocurrency eyes a breakout at $30,000.
MicroStrategy Now Holds At Least $4 Billion In BTCMicroStrategy has bought more Bitcoin.
In a regulatory filing published on April 5, Michael Saylor’s business software company disclosed it had acquired an additional 1,045 bitcoins at an average price of $28,016 between March 24 and April 4. MicroStrategy spent a net $29.3 million on the coins. The latest acquisition follows the firm’s March purchase of 6,455 BTC. At the time, the firm also said it had fully paid off its loan with the failed Silvergate Bank.
American software company MicroStrategy, the largest corporate holder of Bitcoin (BTC) reserves, announced on Wednesday that it had purchased another 1,045 Bitcoin as the leading cryptocurrency eyes a breakout at $30,000.
MicroStrategy Now Holds At Least $4 Billion In BTCMicroStrategy has bought more Bitcoin.
In a regulatory filing published on April 5, Michael Saylor’s business software company disclosed it had acquired an additional 1,045 bitcoins at an average price of $28,016 between March 24 and April 4. MicroStrategy spent a net $29.3 million on the coins. The latest acquisition follows the firm’s March purchase of 6,455 BTC. At the time, the firm also said it had fully paid off its loan with the failed Silvergate Bank.
Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within BRICS.
Sergey Lavrov Convinced SCO Countries Will Switch to National Currencies, Won’t Rule Out Single FiatThere is understanding about increasing the use of national currencies in settlements between the member states of the SCO, Russian Minister of Foreign Affairs Sergey Lavrov said after conferring with counterparts in Panaji, capital of the Indian state of Goa.
To achieve that, Lavrov believes participants can apply practices that are being formed in the Eurasian Development Bank, the Asian Bank for Reconstruction and Development, and the New Development Bank established by the BRICS bloc.
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within BRICS.
Sergey Lavrov Convinced SCO Countries Will Switch to National Currencies, Won’t Rule Out Single FiatThere is understanding about increasing the use of national currencies in settlements between the member states of the SCO, Russian Minister of Foreign Affairs Sergey Lavrov said after conferring with counterparts in Panaji, capital of the Indian state of Goa.
To achieve that, Lavrov believes participants can apply practices that are being formed in the Eurasian Development Bank, the Asian Bank for Reconstruction and Development, and the New Development Bank established by the BRICS bloc.
Economist Henrik Zeberg Predicts Exponential Rally in Ethereum-Based Altcoin Amid Coming ‘Super Euphoria’ of 2023
Closely followed economist and Bitcoin (BTC) bull Henrik Zeberg is calling for a mega bullish finish to this year for the crypto markets, and currently has his eye on one particular altcoin project based on Ethereum (ETH).
Zeberg tells his 110,000 Twitter followers that Internet of things (IoT) project Jasmy (JASMY), has the ability rally over 100x from its current price levels.
Closely followed economist and Bitcoin (BTC) bull Henrik Zeberg is calling for a mega bullish finish to this year for the crypto markets, and currently has his eye on one particular altcoin project based on Ethereum (ETH).
Zeberg tells his 110,000 Twitter followers that Internet of things (IoT) project Jasmy (JASMY), has the ability rally over 100x from its current price levels.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Ray Dalio Still Doesn’t Think Much of Bitcoin
Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it.
Ray Dalio Isn’t Quite Feeling It When It Comes to BTCPer his latest interview, it becomes apparent that this hasn’t changed, as he’s still refusing to see the light on the growing cryptocurrency industry and its commander-in-chief BTC.
In his interview, Dalio specifically touted gold and said that he didn’t understand “why people are more inclined to go to bitcoin than gold.” As a gold fanatic, he’s often touting its stability and history, and while he holds bitcoin at press time, he only has a little to his name.
Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it.
Ray Dalio Isn’t Quite Feeling It When It Comes to BTCPer his latest interview, it becomes apparent that this hasn’t changed, as he’s still refusing to see the light on the growing cryptocurrency industry and its commander-in-chief BTC.
In his interview, Dalio specifically touted gold and said that he didn’t understand “why people are more inclined to go to bitcoin than gold.” As a gold fanatic, he’s often touting its stability and history, and while he holds bitcoin at press time, he only has a little to his name.
Biggest Movers: BNB Rebounds on Monday as SOL Slips Following Recent Gains
Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of writing. Solana also dropped, following a recent bull run.
Binance Coin (BNB)Binance coin (BNB) was a notable gainer on Monday, as the token rose by nearly 5% to start the trading week.After falling to an intraday low of $232.01 earlier in today’s session, BNB/USD rose to a peak of $244.80.This resulted in BNB hitting its strongest point since last Tuesday, when the token climbed to a high of $246.90.From the chart, it appears that this latest rally occurred as the relative strength index (RSI) broke out of a ceiling at 48.00.At the time of writing, the index is tracking at 49.33, with the next visible point of resistance at 52.00.Should the index reach this point, there is a good chance that BNB will be near $250.00.
Solana (SOL)
Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of writing. Solana also dropped, following a recent bull run.
Binance Coin (BNB)Binance coin (BNB) was a notable gainer on Monday, as the token rose by nearly 5% to start the trading week.After falling to an intraday low of $232.01 earlier in today’s session, BNB/USD rose to a peak of $244.80.This resulted in BNB hitting its strongest point since last Tuesday, when the token climbed to a high of $246.90.From the chart, it appears that this latest rally occurred as the relative strength index (RSI) broke out of a ceiling at 48.00.At the time of writing, the index is tracking at 49.33, with the next visible point of resistance at 52.00.Should the index reach this point, there is a good chance that BNB will be near $250.00.
Solana (SOL)
Stellar Lumen (XLM) Price Faces Uphill Task Near $0.145
Stellar lumen price is trading below $0.150 against the US Dollar, similar to Bitcoin. XLM price could extend losses if it trades below the $0.132 support.
Stellar Lumen Price Analysis (XLM to USD)After a sharp decline below $0.165, Stellar Lumen price moved into a bearish zone against the US Dollar. The XLM/USD pair traded below the $0.150 level.
There was also a spike below the $0.135 support zone. A low was formed near $0.1332 and the price is now consolidating losses. There was a move above the $0.135 and $0.138 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1719 swing high to the $0.1332 low.
Stellar lumen price is trading below $0.150 against the US Dollar, similar to Bitcoin. XLM price could extend losses if it trades below the $0.132 support.
Stellar Lumen Price Analysis (XLM to USD)After a sharp decline below $0.165, Stellar Lumen price moved into a bearish zone against the US Dollar. The XLM/USD pair traded below the $0.150 level.
There was also a spike below the $0.135 support zone. A low was formed near $0.1332 and the price is now consolidating losses. There was a move above the $0.135 and $0.138 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1719 swing high to the $0.1332 low.
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains.
Polygon 2.0 Unveiled in 3 PIPsAccording to the announcement, Polygon 2.0 focuses on scalability and interoperability by implementing zero-knowledge (ZK) technology. The intent of the upgrade is to transition Polygon into a network resembling the structure of the Internet. This network of ZK-powered chains seeks to enhance Ethereum’s capacity without compromising its security.
“Three Polygon Improvement Proposals (PIPs) were released that lay out the specific changes that, following community endorsement, will begin to take place in early Q4 of this year,” the update details.
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains.
Polygon 2.0 Unveiled in 3 PIPsAccording to the announcement, Polygon 2.0 focuses on scalability and interoperability by implementing zero-knowledge (ZK) technology. The intent of the upgrade is to transition Polygon into a network resembling the structure of the Internet. This network of ZK-powered chains seeks to enhance Ethereum’s capacity without compromising its security.
“Three Polygon Improvement Proposals (PIPs) were released that lay out the specific changes that, following community endorsement, will begin to take place in early Q4 of this year,” the update details.
5 GameFi Tokens to Watch in 2023: AXS, SAND, IMX, DEP & OAS
GameFi has been getting an unjustifiable bad rap since the crypto market downturn in 2022.
With token prices down across the board since their heyday in 2021, almost all of the major GameFi projects out there have equally low numbers: for example, SAND and AXS recorded price drops of around 90% between their all-time highs and lows. Other big projects fare similarly when compared using the same metric.
Within the overall crypto markets, GameFi is however still going strong. Web3 games now generate 23 times more on-chain transactions than DeFi, stealing the bulk of worldwide blockchain usage, according to a State of Crypto Index report by VC Andreessen Horowitz crypto fund a16zcrypto.
GameFi has been getting an unjustifiable bad rap since the crypto market downturn in 2022.
With token prices down across the board since their heyday in 2021, almost all of the major GameFi projects out there have equally low numbers: for example, SAND and AXS recorded price drops of around 90% between their all-time highs and lows. Other big projects fare similarly when compared using the same metric.
Within the overall crypto markets, GameFi is however still going strong. Web3 games now generate 23 times more on-chain transactions than DeFi, stealing the bulk of worldwide blockchain usage, according to a State of Crypto Index report by VC Andreessen Horowitz crypto fund a16zcrypto.
Bitget Celebrates Bitcoin Whitepaper’s 15th Birthday With a Series of Events And Giveaways
Bitget, a copy trading and derivatives platform, is celebrating the 15th birthday of Bitcoin Whitepaper’s release with a series of events and videos.
Dubbed Bitget’s Bitcoin Whitepaper Day commemoration seeks to honour the landmark event in the blockchain industry while attracting attention to the increasing adoption and prospects of crypto across the globe. According to the Bitget team, the celebrations will be done in both online and offline venues. These events will include street performances of ‘Satoshi Nakamoto’, prize giveaways, Bitcoin analysis reports, and more.
Bitget, a copy trading and derivatives platform, is celebrating the 15th birthday of Bitcoin Whitepaper’s release with a series of events and videos.
Dubbed Bitget’s Bitcoin Whitepaper Day commemoration seeks to honour the landmark event in the blockchain industry while attracting attention to the increasing adoption and prospects of crypto across the globe. According to the Bitget team, the celebrations will be done in both online and offline venues. These events will include street performances of ‘Satoshi Nakamoto’, prize giveaways, Bitcoin analysis reports, and more.
Sotheby’s Announces Auction of Bitcoin-Based ‘Bitcoinshrooms’ Collection
Sotheby’s, the world’s oldest fine art auction house, recently declared its intention to conduct an auction featuring Bitcoin-based Ordinal inscriptions, marking a first in the auction house’s history. This online event is set to commence in December at Sotheby’s New York, where an exclusive selection of “Bitcoinshrooms” from the Shroomtoshi’s Ordinals collection will be on display.
Sotheby’s Unveils Bitcoinshrooms Ordinals Auction
Sotheby’s, the world’s oldest fine art auction house, recently declared its intention to conduct an auction featuring Bitcoin-based Ordinal inscriptions, marking a first in the auction house’s history. This online event is set to commence in December at Sotheby’s New York, where an exclusive selection of “Bitcoinshrooms” from the Shroomtoshi’s Ordinals collection will be on display.
Sotheby’s Unveils Bitcoinshrooms Ordinals Auction
SEC Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval — ‘This Was About Centralization’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler sees irony in the approval of spot bitcoin exchange-traded funds (ETFs). “This was about centralization and traditional means of finance,” said Gensler, warning: “Investors should be aware that this underlying asset is a highly speculative, volatile asset, and amongst its use cases is really for illicit activity, money laundering, sanctions, ransomware, and the like.”
SEC Chair on Spot Bitcoin ETF Approval and CentralizationThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed the irony of spot bitcoin exchange-traded funds (ETFs) in an interview with CNBC Friday. The securities regulator approved 11 spot bitcoin ETFs last week.
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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler sees irony in the approval of spot bitcoin exchange-traded funds (ETFs). “This was about centralization and traditional means of finance,” said Gensler, warning: “Investors should be aware that this underlying asset is a highly speculative, volatile asset, and amongst its use cases is really for illicit activity, money laundering, sanctions, ransomware, and the like.”
SEC Chair on Spot Bitcoin ETF Approval and CentralizationThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed the irony of spot bitcoin exchange-traded funds (ETFs) in an interview with CNBC Friday. The securities regulator approved 11 spot bitcoin ETFs last week.
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Exohood Labs launches Exohood Blockchain revolutionizing services for businesses
London, 16 February 2024 – Exohood Labs announces the introduction of Exohood Blockchain, a groundbreaking platform set to redefine blockchain services for businesses. This innovative initiative utilizes blockchain technology to provide unparalleled services in smart contract development and blockchain integration for enterprises.
Foundation of Trust and Innovation
London, 16 February 2024 – Exohood Labs announces the introduction of Exohood Blockchain, a groundbreaking platform set to redefine blockchain services for businesses. This innovative initiative utilizes blockchain technology to provide unparalleled services in smart contract development and blockchain integration for enterprises.
Foundation of Trust and Innovation
DeltaPrana Announces Strategic ICO to Revolutionize Crypto Transactions and Foster Environmental Sustainability
Blockchain startup DeltaPrana announced it has officially launched its Initial Coin Offering (ICO) with a strategic focus on enhancing network efficiency, scalability, and security while championing environmental sustainability.
The announcement marks a significant milestone for the company, which aims to seamlessly integrate cutting-edge transaction platforms with sustainable development practices, offering users unparalleled advantages in the digital trading sphere.
Blockchain startup DeltaPrana announced it has officially launched its Initial Coin Offering (ICO) with a strategic focus on enhancing network efficiency, scalability, and security while championing environmental sustainability.
The announcement marks a significant milestone for the company, which aims to seamlessly integrate cutting-edge transaction platforms with sustainable development practices, offering users unparalleled advantages in the digital trading sphere.