QuickSwap’s Quantum Leap: Expanding to Ethereum Layer 1
Less than one year after releasing its plans to conquer the Polygon 2.0 DeFi scene last December, QuickSwap has once again proven why its name has become synonymous with breakneck innovation in the crypto space. Now the premier Polygon DeFi suite has just made a move that’s sending ripples yet another order of magnitude further – into and across the Ethereum community.
QuickSwap has launched a pair of potent platforms on Ethereum Layer 1, delivering both the next-generation Perpetual Exchange QuickPerps Falkor and high-performance QuickSwap Liquidity Hub to the stellar, long-standing user base on the Ethereum mainnet.
Crypto Experts Agree Lunex Network Simplified Trading Platform Will Accomplish Top 10 Rank Leapfroging Tron and Toncoin
TRON and Toncoin are seeing significant increases in their network usage, making analysts extremely bullish on these tokens. While TRON and Toncoin are still prone to market fluctuations, Lunex Network has gone viral and is quickly becoming the best crypto presale.
TRON (TRX) Network Outperforms Ethereum’s EcosystemTRON’s USDT transfers reached a new high of 2.39 million yesterday, 15 times higher than Ethereum’s network. As TRON’s ecosystem begins to outperform Ethereum, analysts believe TRON could experience massive rallies in Q4. Due to rising on-chain activity, TRON also recorded an impressive on-chain volume of $100 billion last week, which is typically considered a bullish signal.
TRON is currently trading for $0.1547 after a 1.53% intra-day surge. Although TRON suffered some fluctuations and red days in the past week, its community sentiment is still bullish. If TRON can maintain its current position above the key Simple Moving Averages, TRON is likely to surge past $0.2002 at the beginning of October.
Indian Man Kidnapped Two BitConnect Employees to Recover Lost Investments
Indian Authority, the Directorate of Enforcement (ED), arrested Shailesh Babulal Bhatt for his involvement in kidnapping two BitConnect employees to reclaim his losses from the then-operating BitConnect platform.
The now-defunct BitConnect offered BitConnect tokens (BCC) in exchange for bitcoin, luring investors by providing high returns. However, the operation collapsed when the founder, Satish Kumbhani, shut it down and fled. BitConnect was found to be a Ponzi scheme, scamming 4,000 investors worldwide out of $2.4 billion.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
Analyst Says ‘Another Leg’ up Possible for Altcoin That’s Exploded 13,000%+ in Five Months – But There’s a Catch
A closely followed crypto analyst says that one altcoin that’s enjoyed massive gains over the last five months could soon witness fresh rallies.
Crypto trader Michaël van de Poppe tells his 722,700 followers on the social media platform X that memecoin Brett (BRETT) may surge after seeing a 50% correction.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Presidential Hopeful Robert F. Kennedy Says He’ll Put Entire US Budget ‘On Blockchain’ for Transparency: Report
US presidential candidate Robert F. Kennedy says that he will employ blockchain technology in public finances if he wins the nation’s highest political office, according to a report by The Hill.
The report cites Kennedy saying at a rally in Michigan that he will use blockchain technology to enhance transparency and accountability in US public spending.
BNB Holders Bullish on TGC after 120% Surge this Week as Binance Reclaims 50% Global Market Share
Binance regains 50% global market share, fuelling bullishness on TGC’s GambleFi potential.
Binance, the global cryptocurrency exchange, has surged back to dominance, securing nearly 50% of the worldwide market share, according to data reported by Kaiko.
This significant increase in market share has occurred over the last two months, coinciding with Binance’s settlement with the US Department of Justice (DoJ) and the approval of spot Bitcoin ETFs by the US SEC.
Crypto Whale Profits Over $24,000,000 in Masterful Wrapped Bitcoin (WBTC) Trading: On-Chain Data
An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC).
According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday.
Shark Tank Star Kevin O’Leary Warns of Emerging Financial Crisis, Bank Failures
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has sounded the alarm about an impending financial crisis. “We have a crisis emerging,” he warned, emphasizing that small business owners will be “cut off at the regional bank level.” He stressed: “You’re going to hear a lot of people crying about this in the next few months.”
Kevin O’Leary Warns About Emerging Financial CrisisShark Tank star and O’Leary Ventures chairman Kevin O’Leary, aka Mr. Wonderful, warned about an impending financial crisis in an interview with Fox News, published Saturday. He said:
We have a crisis emerging … I’m talking about companies with five to 500 employees, which represent over 60% of our economy.
Ohio Man Ordered To Pay $54,000,000 in Penalties After CFTC Lays Charges for Alleged Crypto Scam
A federal court is ordering an Ohio man to pay $54 million in restitution and penalties after allegedly running a fraudulent crypto trading scheme.
According to a new press release by the Commodity Futures Trading Commission (CFTC), Ohio resident Michale Ackerman has been ordered by a judge to pay $27 million in penalties and $27 million in damages for operating a crypto scam.
Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities.
Gemini and Genesis Refute SEC’s Claims of Unregistered Securities, File Motion to DismissIn January 2023, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Gemini and Genesis for allegedly offering unregistered securities to American customers. The SEC complaint alleges that “through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors.”
Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets
A crypto strategist who accurately predicted Bitcoin’s (BTC) floor price last year believes that the king crypto is now in the early stages of a new bull market.
Pseudonymous analyst DonAlt tells his 471,000 Twitter followers that many traders still believe that Bitcoin is still in a downtrend even after breaking out from a multi-month reversal pattern.
US State Regulator Launches Crypto Scam Tracker
The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of new crypto scams emerge, the DFPI will continually update this tracker to promptly alert and protect the public.”
California Regulator’s Crypto Scam TrackerThe Department of Financial Protection and Innovation (DFPI) of the U.S. state of California announced last week the launch of its Crypto Scam Tracker to help people in the state “spot and avoid crypto scams.” The financial regulator described:
The tracker details apparent crypto scams identified through a review of complaints submitted by the public and allows California consumers and investors to do their own research and prevent harm to themselves and others.
Polymer Officially Launches Real-Time Interoperability Protocol For Ethereum Rollups
Polymer Labs has launched a real-time interoperability protocol for connecting all Ethereum rollups, known as Polymer Hub.
The new protocol verifies and stores the headers of all connected rollups by streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP). This allows it to prove any arbitrary state across rollups at a low cost.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
US House Officials Urge President Biden to Free Binance Employee Incarcerated in Nigeria: Report
US lawmakers urge the White House to take action and help a Binance employee who has been held captive in Nigeria since February.
Binance Head of Financial Crime Compliance Tigran Gambaryan was detained in Nigeria following his arrival for meetings with government officials regarding the exchange’s compliance issues.
In March, the Nigerian government filed charges against Binance, Gambaryan and another executive, Nadeem Anjarwalla, amid allegations that the world’s largest crypto exchange is behind the collapse of the Naira, the country’s local currency.
From Pocket Change to Millions: The Unbelievable Success of Those Who Invested $500 in Bitgert Coin – What’s Their Secret?
Bitgert-related rumors are driving the cryptocurrency world completely insane, but you can’t afford to fall behind! Due to its enormous potential for profit in the current bull market, investors are keeping a close eye on this blockchain initiative.
Crypto enthusiasts are curious that this blockchain coin rocket may easily bring in a million dollars or more for you by 2024 or beyond, with expert forecasts of it potentially 100x higher than its current levels.
$670,000,000 in Liquidations Rocks Crypto Markets As Bitcoin ETF Rejection Predictions Swirl
After a strong start to the year, Bitcoin (BTC) and altcoins are weathering a sharp correction which has caused over $670 million in liquidations in mere hours.
According to crypto exchange data platform Coinglass, traders have suffered $670 million worth of liquidations in the last 24 hours, with the overwhelming majority being traders who were positioned long while markets corrected.
Stellar Lumen (XLM) Price Aims Fresh Rally If It Clears This Hurdle
Stellar lumen price is trading above $0.1050 against the US Dollar, like Bitcoin. XLM price must clear $0.1106 to gain bullish momentum.
Stellar Lumen Price Analysis (XLM to USD)After a steady increase, Stellar lumen price saw a rejection pattern near the $0.1165 zone against the US Dollar. The XLM/USD pair traded below the $0.1100 support and tested the $0.1020 zone.
A low is formed near $0.1011 and the price is now attempting a recovery wave. There was a break above the $0.1050 resistance zone. The price climbed above the 23.6% Fib retracement level of the downward move from the $0.1165 swing high to the $0.1011 low.
Curve Finance Founder Sells 72 Million CRV, Brings Down CRV-Backed Debt By 21%
Michael Egorov, the man behind the automated market maker Curve Finance, has offloaded roughly 72 million Curve DAO tokens (CRV) in over-the-counter (OTC) trades since last week’s exploits on the DeFi protocol. Egorov’s recent sales came as he attempted to minimize his CRV-backed debts of over $100 million, which risk getting liquidated with CRV’s tanking price.
Curve Finance Founder Still Owes Over $80 MillionIn a summary of Michael Egorov’s recent OTC sales, on-chain analytics firm Lookonchain reported that the Curve Finance founder had sold CRV to 15 different institutions and investors at an average price of $0.4, raising over $28 million in the process.
Last week’s exploit on Curve, which drained over $47 million from the DeFi protocol, put a spotlight on Egorov’s hefty loans totaling $100 million that was backed by more than 427 million CRV, which accounted for 47% of the token’s total circulating supply.
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
EOS Price Analysis: Bears In Control Below $1.10
EOS price is struggling below $1.12 against the US Dollar, unlike Bitcoin. The price might attempt to recover if there is a clear move above $1.080.
EOS Price AnalysisIn the past few days, EOS price saw a steady decline from the $1.25 resistance against the US Dollar. The price traded below the $1.20 and $1.15 levels to move into a bearish zone.
The decline gained pace below the $1.10 level. It even spiked below $1.00. A low is formed near $0.9747 and the price is now consolidating losses. EOS is trading well below $1.10 and the 55 simple moving average (4 hours).
TCNH, a Stablecoin Pegged to Offshore Chinese Yuan, Listed on Huobi
February 21, 2023 – Singapore, Singapore
TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced that it is now available on Huobi where users can trade it through the TCNH/USDT pair.Huobi is the first exchange to support TCNH after its launch. Apart from minting directly through TCNH’s official website after being verified as a whitelisted organization, users may also acquire TCNH tokens through the crypto trading pairs available on exchanges.
Huobi is a leading crypto exchange that has witnessed its cumulative trading volume exceeding $1.2 trillion since its launch in 2013.
Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto market dominance jumped from 18.4% to its current 19% dominance rating.
Ethereum’s Market Share Grows Amid Frenzied Surge in the Cryptocurrency Markets
