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Showing posts from December, 2022

Crypto Mind Reviews RobotEra | Get Early On The TARO Presale

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Join Our Telegram channel to stay up to date on breaking news coverage Popular YouTuber Crypto Mind reviewed crypto initiative creating interactive metaverse world RobotEra and its native coin TARO which is on presale now. The way wherein humans engage with technology, as well as the way in which they interact with one another and the world around them, may be significantly transformed as a result of the metaverse. Users of RobotEra have the ability to develop their own worlds within this virtual area, interact with other users through various games, and benefit monetarily by acquiring resources from the lands they explore. Crypto Mind RobotEra Overview RobotEra is a brand-new exciting and fast cryptocurrency project that is creating an interactive world in the metaverse. Not only will users be able acquire virtual real estate inside the RobotEra metaverse, but they will also be capable of creating, play, and enjoy games and other content without the need for any prior knowl...

Top Crypto Gainers Today December 30 – FTX, SOL, FGHT, D2T, RIA, TARO

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Join Our Telegram channel to stay up to date on breaking news coverage The year 2022 seems to be ending on a lyric note for most players in the crypto playing field, with the global market cap dipping below $800 billion for the first time in months. Bitcoin (BTC) and Ethereum (ETH) were unable to register significant gains, while other popular altcoins such as Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and Ripple (XRP) witnessed minor price improvements on early Friday morning. However, FTX (FTT) token emerged top crypto gainers today alongside Solana (SOL), and FightOut (FGHT), Dash 2 Trade (D2T), Calvaria (RIA0, and RobotEra (TARO) which are performing well in presale. Top Crypto Gainers Today The following are the top crypto gainers today. FTX (FTT) First, among our list of top crypto gainers today is the FTX token (FTT), an ERC-20 standard token that made its market debut in July 2019 with a maximum supply capped at 352.17 million. It has a live market cap of $275.6 ...

Meson Relaunched on Moonbeam

Meson relaunched on Moonbeam with Tether-issued xcUSDT! With its partner Stellaswap and support from Moonbeam for making this relaunch possible. Meson users may now swap their stablecoins (USDC, USDT, and BUSD) in and out of Moonbeam for xcUSDT. The xcUSDT is an XC-20 token issued by Tether on Statement, a Polkadot parachain. The XC-20 token is a unique asset class introduce on Moonbeam and Moonriver. It is an Ethereum-compatible parachains for building cross-chain connected applications on top of Polkadot and Kusama, respectively. With Meson, users can now enjoy a fast, costless, and secure experience to bridge. In, and out xcUSDT to Moonbeam, and the Polkadot ecosystem at large. You may also trade your xcUSDTs for any coins on our partner, Stellaswap. Why Stellaswap? StellaSwap is one of the first automated market-making (AMM), decentralized exchange (DEX) for the Moonbeam parachain network. The unique value proposition of StellaSwap commits to establishing a strong foundation with i...

Fiji elects pro-Bitcoin prime minister Sitiveni Rabuka

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Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation. A newly elected pro-Bitcoin Prime Minister has taken office in the Pacific Islands of Fiji. The new leader, Sitiveni Rabuka, took the Fijian office on Dec. 24.  Lord Fusitu’a, a Tongan noble and a former member of the Tongan parliament, took to Twitter to share the news from his neighboring nation. Fusitu’a stated that he had explained to Rabuka, step by step, "how Fiji can do Bitcoin legal tender like Tonga,” and there could be two “Legal Tender Bills for the Pacific in 2023.”  A new pro-# Bitcoin friendly Prime Minister in the South Pacific.️️ Fiji ‘s newly elected Prime Minister @slrabuka. Let’s go 2 for 2 - BTC Legal Tender Bills for the Pacific in 2023 — Lord Fusitu'a (@LordFusitua) December 29, 2022 Lord Fusitu’a explained to Cointelegraph in Twitter messages that “The new PM is definitely pro-Bitcoin.” “He asked to meet with me which we did via zoo...

Alameda wallets swap funds for Bitcoin days after SBF's bail

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The entire globe has been witnessing the ordeal of FTX and Alameda Research. The founders are pleading guilty to most of the charges put forth by the U.S. government. Now, wallets linked to Alameda Research are undergoing activity. Earlier today, it was brought to light that funds from Alameda wallets were moved. Afterward, the assets were swapped with certain ERC-20s for Ethereum [ETH]. These tokens were precisely being swapped for ETH/USDT. 1/ Lots of activity going on among Alameda wallet s in the past 6-7 hours Various tokens on ETH being consolidated into 2 main wallet s Swapped to ETH/USDT (USDC to USDT too) USDT thn swapped to ETH Sent to multiple wallet s and thn to FixedFloat/Changenow Source: @nansen_ai pic.twitter.com/NfTe9CoY9K — Martin Lee | Nansen 🧭 (@themlpx) December 28, 2022 As observed, a wallet address with the prefix 0x64e9 received more than 600 ETH from Alameda wallet s, with part of the transaction being converted to USDT and the oth...

How Much Did Shiba Inu’s Value Fall in 2022?

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The cryptocurrency market in general did not have the brightest glow in 2022. A slew of events, combined with a prolonged bear market, kept cryptocurrency prices low. Most of the cryptocurrencies, including Bitcoin and other altcoins, are trading 60% to 90% below their all-time highs. The second-largest meme coin , Shiba Inu, is no exception in this case. Shiba Inu is 90.8% down from its all-time high of $0.00008845 on October 28, 2021. Let us take a deeper look at how much value Shiba Inu will lose in 2022. The downward spiral of Shiba Inu’s price in 2022 Everyone can agree that 2022 was not the best year for the cryptocurrency market. Shiba Inu has lost the majority of its gains this year, owing to the collapse of Terra in May and the recent collapse of the FTX exchange. As per the data from Coingecko, Shiba inu lost over 78.9% over the last year. On December 28, 2021, SHIB was trading at $0.00003907. One year ago, the meme coin was trading at almost ...

Bitcoin ASIC miner prices hovering at lows not seen in years

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ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace. Bitcoin ASIC miner s — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel price s not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market. According to the latest data from Hashrate Index, the most efficient ASIC miner s, those generating at least one terahash per 38 joules of energy, have seen their price s fall 86.82% from May. 7, 2021 peak of $119.25 per terahash down to $15.71 as of Dec. 25. Miners in these category include Bitmain’s Antminer S19 and MicroBTC’s Whatsminer M30s. The same statement holds true for the mid-tier machines, with price s now averaged out at $10.23 after falling a massive 89.36% from its peak price of $96.24 on May. 7, 2021. However, the least efficient machines, ones that require more than 68 Joules per TH, are ...

Solana Futures OI Surpasses $200M: Are Traders Bullish?

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Despite being in a bear market, institutions have been eying Solana. It has consistently been able to register positive flows, making it the institutions’ favorite bear market pet. As reported a fortnight back, SOL inflows stood at $0.4 million. The number further improved the following week. Per mid-December’s numbers, SOL noted a positive flow of $0.7 million. As shown below, all other crypto asset-related products [except short bitcoin products], noted negative flows. Source: CoinShares Also Read: Ethereum, SOL, MATIC, BNB: Which Altcoin has Favorable ‘Bear Market’ Odds? Deribit De-lists Solana Inverse Options, Futures Deribit, the largest options exchange, announced on Monday that it will stop offering Solana inverse products. This means, after the upcoming December 30, 2022 expiry, the platform will not list new Solana inverse options or futures. Deribit’s Twitter thread did not chalk out the reason behind the de-listing. People from th...

Crypto is in steep decline, yet venture capitalists keep investing

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Join Our Telegram channel to stay up to date on breaking news coverage You might be tempted to conclude that the entire cryptocurrency industry is headed for the great Chapter 11 bankruptcy filing in the sky given the contagion and chaos we have witnessed since Sam Bankman-Fried‘s crypto exchange FTX had a sudden multibillion-dollar coronary, and that no one in their right mind could possibly still have faith in it. However, venture finance still pours in for some fortunate builders even in the bitterly harsh Crypto Winter. Cryptocurrency venture capital investment has outpaced both fintech and biotech in 2022, a difficult year for all of technology, according to analysts at Pitchbook, bringing in $6.5 billion over the past 12 months, $879 million of which came in the most recent quarter. We only need to take a quick peek at the recent batch of dull news releases from the crypto business. A $4.75 million funding round for a project named Earn Alliance first comes to si...

Caroline Ellison's Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019

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On Dec. 23, 2022, Matthew Russell Lee from the Inner City Press published the recently unsealed guilty plea transcript of Caroline Ellison, Alameda Research’s former CEO. In her statements, Ellison describes that she was the co-CEO and CEO of Alameda, and under those roles, she reported directly to the former FTX CEO Sam Bankman-Fried (SBF). The ex-Alameda CEO’s testimony details that she was fully aware from 2019 to 2022, that Alameda Research had access to a special borrowing facility that allowed the company to maintain an unlimited line of credit with zero collateral. The ‘borrowing facility,’ according to Ellison, was FTX’s customer funds. Caroline Ellison Details FTX’s Misconduct With Alameda and the Co-Mingling of Customer Funds Started From the Very Beginning Following the unsealing of Caroline Ellison’s plea deal, Inner City Press reporter Matthew Russell Lee published a tweet storm that featured screenshots of Ellison’s unsealed guilty plea transcript...