Alex $ERC20 Token

05 Nov 2022 13:05

Tim Draper reiterates his $250,000 Bitcoin prediction

Billionaire Tim Draper, during his speech at Web Summit 2022, predicted the price of the first cryptocurrency to rise to $250,000 by mid-2023. Decrypt reports.

In 2018, Draper predicted bitcoin at $250,000 by 2022, extended the forecast to early 2023 in the summer of 2021, and now extended it by another six months.

Alex $ERC20 Token

04 Nov 2022 09:01

Gala Games token collapsed by 25% due to fears of a multi-million dollar hack

The price of the token of the Gala Games P2E project lost about 25.6% in price amid fears of hacking or fraud. The team assured that "everything is under control."

The panic, which Gala Games called unfounded, arose after one blockchain address issued more than 2 billion GALA tokens. PeckShield experts drew attention to this.

In about two hours, the asset quotes fell from $0.0394 to $0.0293 (CoinGecko). At the time of writing, the price has recovered to levels around $0.035. The capitalization of the coin is approximately $263 million.

Alex $ERC20 Token

04 Nov 2022 08:51

Coinbase revenue fell 28% due to lower trading volume

Cryptocurrency exchange Coinbase reported to shareholders a 28% drop in revenue in the third quarter of this year, from $803 million to $576 million, as a result of falling trading volume.

According to Coinbase's earnings report, transaction revenue fell 44% compared to Q2. The financial department of the exchange explained that this is due to a sharp decrease in the number of transactions and their participants - the number of monthly Coinbase users making transactions decreased by 5%.

Trading volume on the platform fell by 27% from $217 billion to $159 billion. However, Coinbase management said it is optimistic about the future financial outlook, and the level of acceptance from institutional market participants has not changed - 25% of the top 100 hedge funds remained exchange clients.

Alex $ERC20 Token

03 Nov 2022 22:04

Warner Brothers to launch 'Game of Thrones' NFT collection

Hollywood film studio Warner Bros. in cooperation with the trading platform Nifty’s will launch a collection of gaming non-fungible tokens on the theme of the popular series.

The Game of Thrones collection will be called Game of Thrones: Build Your Realm and will be available this winter to users in North America and Europe.

Token holders will be able to create avatars based on the characters and universe of the series, as well as use virtual weapons and additional game items. Project participants will also be able to select comrades for their team, change the location and characters as they wish, creating their own kingdom. Director of NFT Business Development at Warner Bros.

Alex $ERC20 Token

03 Nov 2022 08:44

Changpeng Zhao is considering buying one or more banks

The CEO of the Binance exchange, Changpeng Zhao, said he is looking for an opportunity to buy one or more banks. This will reduce the gap between traditional finance and cryptocurrencies.

According to Changpeng Zhao, at the moment there is no specific bank for redemption. In addition, it is not yet clear whether the exchange will fully acquire the bank, or whether it will be a less significant investment.

Zhao noted that Binance's investment in traditional banks could benefit both companies. When the largest cryptocurrency exchange in the world works with any bank, this attracts a significant number of new customers to it.

Alex $ERC20 Token

03 Nov 2022 08:35

Fresh crypto rate! ❤️

Alex $ERC20 Token

02 Nov 2022 14:10

Whale moved 2.37 million DOGE worth over $338,000 for the first time in 9 years

According to the Whale Alert service, a major owner of the meme cryptocurrency Dogecoin moved 2.37 million DOGE worth more than $338,000 from an address that had been dormant for about nine years.

Another service, BitInfoCharts, also shows that the “whale” has not used his Dogecoin address for about nine years, accumulating DOGE on it since December 2013, when the coin was launched. The user has now emptied his wallet by making two transactions for 356,285 DOGE and 2,018,529 DOGE.

The moves were made after the meme cryptocurrency rose strongly in price, reaching $0.15. The growth is due to the fact that last week, billionaire Elon Musk, who supports the DOGE cryptocurrency, completed a deal to buy the social network Twitter.

Alex $ERC20 Token

02 Nov 2022 07:07

The Development Bank of El Salvador refused to disclose data on public procurement of bitcoins to the anti-corruption bureau

The state development bank of El Salvador, BANDESAL, in charge of bitcoin trading, refused to provide information to ALAC El Salvador, a non-governmental anti-corruption bureau for operations with the first cryptocurrency. BANDESAL stated that no information related to the Bitcoin Trust (FIDEBITCOIN) can be shared by the trustee or its board of directors to protect the national interest.

The anti-corruption organization was not satisfied with the bank's refusal. In her opinion, BANDESAL is obliged to provide information about transactions with the Bitcoin support fund, since the cryptocurrency was bought with public money:

"Privacy limits the ability of citizens to access information about transactions conducted by BANDESAL with public funds."

Alex $ERC20 Token

01 Nov 2022 22:08

Changpeng Zhao: We will help integrate cryptocurrency payments into Twitter

The CEO of Binance said that he has invested $500 million in Twitter because he wants to fix the flaws that hinder the development of the project and the implementation of crypto payments.

According to Changpeng Zhao, Twitter is poorly monetized and has many technical problems such as bots. However, despite the shortcomings, the platform has tremendous value.

The Binance CEO said he had no hesitation investing in Twitter along with other companies such as Sequoia Capital Fund, Fidelity Management and Research. According to him, Twitter supports freedom of speech for the crypto community:

“We, long-term investors, believe in strong entrepreneurs and reliable platforms. We believe in freedom of speech and look at it all from the point of view of 10, 20, 50, 100 years, so a small monthly fluctuation in prices does not bother us.”

Alex $ERC20 Token

01 Nov 2022 07:39

Brian Armstrong: Bitcoin will become digital gold by 2030

The CEO of Coinbase predicts that Bitcoin will become a reliable asset over the next five to ten years, able to provide an investor with security in difficult times.

Billionaire Brian Armstrong believes that the market capitalization of Bitcoin is not yet large enough for the first cryptocurrency to act as a serious security asset. However, according to the businessman, everything can change around 2030, when the crypto market will grow and “take a large share of the global economy.” Then bitcoin can be treated as digital gold, investments in which can protect during a crisis:

“We will see that over time, the share of the crypto market is likely to change. I can foresee that in the next five to 10 years, when the crypto economy will indeed make up a larger percentage of global GDP, investors in difficult times will save capital by investing in Bitcoin as new gold.”

Alex $ERC20 Token

31 Oct 2022 18:17

Bloomberg: US Department of Justice resumes Tether verification

The US Department of Justice has resumed an investigation into possible bank fraud by the leaders of Tether, the company behind the USDT stablecoin. Bloomberg writes about this, citing sources.

According to new information, the Attorney for the Southern District of New York, Damian Williams, allegedly took up the check. Previously, his name was heard in the context of litigation with the co-founders of BitMEX, in particular, the former director of development of the exchange, Greg Dwyer.

Alex $ERC20 Token

31 Oct 2022 14:35

1inch and Revolut Launch DeFi Newbie Training Course

DeFi project 1inch has teamed up with fintech company Revolut to launch the Learn and Earn training course.

According to them, the initiative is aimed at those who are just starting to get acquainted with decentralized finance. It will broaden our understanding of the industry and help shape the user experience of the future in a “simple, fun and effective way.”

Alex $ERC20 Token

30 Oct 2022 14:59

Charles Hoskinson expects Dogecoin integration on Twitter soon

The founder of Cardano said that soon after Tesla creator Elon Musk bought the social network, Dogecoin could be integrated into Twitter.

The head of IOHK Charles Hoskins (Charles Hoskins) believes that it is advisable to make Dogecoin a Cardano sidechain. The businessman offered to perform the migration for free.

Kryotomon CMO Tomar Nun suggested that advertisers would be able to pay DOGE for ads and other Twitter activities:

“We saw the same thing when Tesla showed the ability to pay for their goods with DOGE. So the speculation could be that Musk’s businesses and his stakeholders are starting to adopt crypto, as Tesla is doing.”

Alex $ERC20 Token

30 Oct 2022 06:45

Changpeng Zhao: "Google continues to promote cryptocurrency phishing sites"

The CEO of the Binance exchange, Changpeng Zhao, criticized the search giant Google - the search engine continues to display phishing cryptocurrency sites in the ad block.

Changpeng Zhao wrote that he was looking for the CoinMarketCap service website in a Google search engine and noticed that a phishing site masquerading as a service was located in the ad block.

“This affects users who add smart contract addresses to their MetaMask wallets that are taken from phishing sites. We are trying to report fraudulent ads to Google and at the same time alert the community,” the head of Binance said.

Alex $ERC20 Token

29 Oct 2022 10:44

Google Launches Fully Managed Node Hosting for Web3 Developers

Google is launching the Blockchain Node Engine (BNE) service powered by Google Cloud to help Web3 developers create and deploy new products on blockchain-based platforms.

Google said the launch of BNE will allow Web3 companies to relay transactions, deploy smart contracts, and read or write blockchain data directly to Google Cloud. The first blockchain backed by BNE will be Ethereum.

“Manually deploying a node is a laborious process that involves preparing a compute instance, installing an Ethereum client like geth, and waiting for the node to sync with the network. However, synchronizing a full node from the first block can take several days. BNE will help speed up and simplify this process by allowing developers to deploy a new node with a single operation and specify the desired region and network, main or test,” the blog says.

Alex $ERC20 Token

04 Nov 2022 11:32

Media: South Korean authorities received evidence against Do Kwon

South Korean prosecutors have obtained evidence that Terraform Labs (TFL) CEO Do Kwon manipulated LUNA's price. This is reported by the Korean Broadcasting System, citing a representative of the supervisory authority.

According to him, the correspondence between Kwon and a certain employee was at the disposal of the authorities.

“I can’t reveal the details, but this was a story of [messenger] conversations in which the CEO specifically ordered price manipulation,” the source said.

Alex $ERC20 Token

04 Nov 2022 08:58

The Chinese government has become one of the largest bitcoin whales in the world

Not only has the Chinese government become one of the largest bitcoin whales in the world, but it owns more BTC than MicroStrategy, according to CryptoQuant.

The head of the Korean analytical company CryptoQuant, Ki Yong-ju, said that the Chinese authorities transferred 194,000 BTC seized as a result of the PlusToken fraud in 2019 into the ownership of the national treasury. In comparison, MicroStrategy owns 130,000 BTC. In 2020, Chinese police detained more than 100 people suspected of creating the PlusToken cryptocurrency pyramid scheme and confiscated $4.2 billion worth of crypto assets from the organizers, according to court documents.

Alex $ERC20 Token

04 Nov 2022 08:46

Fresh crypto rate! ☕️

Alex $ERC20 Token

03 Nov 2022 12:55

Binance CEO commented on possible restrictions for Russians

Sanctions against the Russian Federation due to its invasion of Ukraine created a “difficult situation” for Binance in dealing with Russian users. This was stated by the head of the exchange, Changpeng Zhao, writes CoinDesk.

“We are against the military dictatorship, but not against the population. However, our company has licenses in many different places and we have to follow the rules,” he said.

When asked whether Binance would block users from the Russian Federation, as many other cryptocurrency platforms have already done, Zhao said that he does not yet have a final answer.

Alex $ERC20 Token

03 Nov 2022 08:39

Meta has developed a toolkit for NFT trading on Instagram

Instagram parent company Meta has developed a set of tools that will allow the creation, display and trading of non-fungible tokens (NFTs) on the platform. The new set of tools will allow users to create NFTs and sell them "both on and off Instagram."

To do this, Meta has partnered with Polygon. Support for NFT videos will be added to Instagram, and metadata such as names and descriptions for featured collections will be taken from the OpenSea marketplace.

Meta's director of commerce and financial technology, Stephane Kasriel, noted that the company will not charge a commission for the creation or sale of NFTs until 2024. In addition, Meta bears the cost of gas for buyers during the launch phase of the toolkit.

Alex $ERC20 Token

02 Nov 2022 14:12

MoneyGram added the ability to trade crypto assets

Payment operator MoneyGram, a world leader in the development of digital P2P payments, has partnered with the Coinme exchange to add cryptocurrency trading tools to its mobile application.

MoneyGram has announced the launch of a new service that allows consumers to buy, hold and sell cryptocurrencies through a mobile app. The new functionality will allow MoneyGram customers to transact in bitcoin (BTC), ether (ETH) and litecoin (LTC).

The technical ability to buy, sell and store cryptocurrencies using the MoneyGram app came about through a partnership with the Coinme exchange, which provides technology that allows financial systems, crypto ATM operators and exchange kiosks to convert cryptocurrencies into cash.

Alex $ERC20 Token

02 Nov 2022 07:10

South Korean authorities are going to tighten the regulation of cryptocurrencies

The South Korean Financial Services Commission (FSC) and the National Assembly are working on a bill that would allow regulators to penalize crypto exchanges for unfair trading.

The new bill describes such violations as taking advantage of hidden information, price manipulation and crypto fraud. Currently, 14 different proposals regarding cryptocurrencies and digital assets are being considered in the National Assembly of South Korea.

The deputy of the National Assembly, who wished to remain anonymous, told reporters that the adoption of the law in the FSC version is necessary, given the local peculiarities of cryptocurrency regulation:

“In the US, the Securities and Exchange Commission (SEC) has a wide range of powers and can punish unfair trading in digital assets without separate legislation, while in Korea, relevant legislation is absolutely necessary.”

Alex $ERC20 Token

02 Nov 2022 06:57

Good morning! Fresh crypto rate ☕️

Alex $ERC20 Token

01 Nov 2022 07:43

Hong Kong officially announced support for cryptocurrency projects

Yesterday, October 31, the Hong Kong authorities officially announced their support for projects working in the field of virtual assets.

In a statement, Hong Kong officials called cryptocurrencies and companies working with them a "blooming sector and ecosystem." The Hong Kong authorities are going to create a special agency that will "regulate risks and promote innovation in the field of digital assets."

“Hong Kong is an open and friendly community. We welcome people who create new projects in the field of cryptocurrencies,” the statement emphasizes.

Alex $ERC20 Token

01 Nov 2022 07:35

Good morning! Fresh crypto rate!

Alex $ERC20 Token

31 Oct 2022 14:41

Singapore sues Do Kwon for $57 million

In early November, a Singapore court will hear a class-action lawsuit against Terraform Labs and its co-founder Do Kwon, filed on behalf of more than 350 investors. They claim to have lost $57 million as a result of the collapse of the stablecoin TerraUSD (UST), according to The Wall Street Journal.

The lawsuit alleges that the UST, pegged at a 1:1 ratio to the dollar, was designed as a store of value and claimed to be “protected from the volatility of the cryptocurrency markets.”

Alex $ERC20 Token

31 Oct 2022 14:33

14 years have passed since the publication of the Bitcoin white paper

On October 31, 2008, Satoshi Nakamoto published the bitcoin white paper. The white paper described how the peer-to-peer payment system worked, which later revolutionized the world of financial technology.

It is still unknown who is hiding under the pseudonym of the creator of the first cryptocurrency, and whether it is one person or a group of people.

“A fully peer-to-peer version of electronic money would allow online payments to be sent directly from one party to another, bypassing financial institutions. Digital signatures provide part of the solution, but the main benefits are offset if a trusted third party is still required to prevent double spending. We propose a solution to this problem based on a peer-to-peer network. It timestamps transactions, connecting them into a hash-based proof-of-work chain.”

Alex $ERC20 Token

30 Oct 2022 09:39

Vitalik Buterin criticized the restrictive regulation of the crypto industry

Regulatory initiatives that severely restrict the functions of cryptocurrency projects may make it easier for the latter to access institutional capital, but will adversely affect the development of the industry. This was stated by Ethereum co-founder Vitalik Buterin.

According to Buterin, industry players should not "chase large institutional capital", since the ecosystem is not yet ready for such volumes of investment.

Alex $ERC20 Token

30 Oct 2022 06:41

Good Sunday morning! Finally, everything is creeping up slowly but surely!

Alex $ERC20 Token

29 Oct 2022 06:59

PeckShieldAlert: "The Internet is flooded with advertising of fake Elon Musk tokens"

Advertisements for fake assets using Elon Musk's identity have swept the internet as Twitter's acquisition closes.

According to PeckShieldAlert, just a day before billionaire Elon Musk finally acquires Twitter, several tokens were issued on the Ethereum network and Binance Smart Chain with the names: “TWIT”, “Chief Twit”, “Chief Elon Twit” , "CryptoTwitter" and "Twitter Inu".

Experts from cybersecurity company PeckShieldAlert warn the community about the dangers of getting involved in such projects, especially since the four fake Elon Musk tokens have already fallen in price by 98%.