DeFi Lender Fei Protocol Suffers $80M Security Breach - BitcoinEthereumNews.com

TeknolohiyaAng DeFi Lender Fei Protocol ay Nagdusa ng $80M Security Breach04 / 30 / 2022Balita ng Ethereum ng Bitcoin  Fei protocol, an Ethereum-based decentralized exchange, has suffered an extensive security breach a year after it merged with RAri Capital, a lending and borrowing protocol, smart contract analysis firm Blocksec reported sa Sabado.  Fei Protocol Losses $80M to Hackers  According to Blocksec, multiple pools related to Fei Protocol and RAri Capital were exploited and more than $80 million worth of crypto assets were stolen. The blockchain security firm also noted that the attack was inspired by a re-entrance vulnerability.  A re-entrance attack occurs when a smart contract is intercepted from executing transactions and then a fresh transaction is initiated and finally directed to a different wallet.  Following reports of the attack, Fei Protocol anounced that they are aware of the security breach, noting that all activities have been suspended temporarily on the affected pools to mitigate further damage. The project also offered a $10 million bounty to the hackers to return the stolen funds.  Although the attackers are yet to respond to Feis request, Lei Wu, chief technical officer at Blocksec, disclosed that the hackers had already moved part of the funds to Tornado Cash, a platform

2022-04-30Industriya

Labor Department has grave concerns over Fidelitys 401(k) bitcoin plans - BitcoinEthereumNews.com

According to Khawar, the Labor Department, which regulates company-sponsored retirement plans, has particular concerns about the potential 20% bitcoin allocation because of market volatility. Fidelity itself has said that number may be subject to change.  “For the average American, the need for retirement savings in their old age is significant. We are not talking about millionaires and billionaires that have a ton of other assets to draw down,” Khawar added.  Fidelity, which manages $4.2 trillion in assets, was among the first global financial institutions to enter the crypto market when it launched a digital assets arm in October 2018. About 23,000 companies use its 401(k) services.  In response to the comments, Fidelity said that its bitcoin offering “represents the firm‘s continued commitment to evolving and broadening its digital assets offerings amidst steadily growing demand for digital assets across investor segments, and we believe that this technology and digital assets will represent a large part of the financial industry’s future.”  © 2022 Ang Block Crypto, Inc. Lahat ng Karapatan ay Nakareserba. Ang artikulong ito ay ibinigay para sa mga layuning pang-impormasyon lamang. Hindi ito inaalok o inilaan upang magamit bilang ligal, buwis, pamumuhunan, pinansiyal, o iba pang payo.

2022-04-30Industriya

Gasoline Prices Have Peaked For Now - BitcoinEthereumNews.com

KabuhayanAng Presyo ng Gasoline ay Tumaas Sa Ngayon04 / 30 / 2022Balita ng Ethereum ng Bitcoin  WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, ... [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe and in the United States due to the Russian invasion of Ukraine and continued inflation associated with the global pandemic. (Photo by Win McNamee/Getty Images)  Getty Imagesn  Following Russias invasion of Ukraine and the subsequent sanctions on Russian oil, the price of crude oil rapidly climbed above $120 a barrel. Gasoline prices — which had already been climbing since bottoming out in April 2020 — rapidly followed.  For the week ending March 14, 2022, the Energy Information Administration (EIA) iniulat a weekly retail average gasoline prices across all grades of $4.41 a gallon. That was the highest weekly average ever reported by the EIA (but it isnt adjusted for inflation). Previously the highest weekly average reported took place in July 2008, when crude oil prices reached nearly $150 a barrel.  However, since reaching $4.41/gal, the national average has dropped to about $4.20/gal as oil prices pulled back to ~$100/bbl. Barring a new geopolitical

2022-04-30Industriya

Bitcoin Price Prediction for Today April 30: BTC Hovers above $38.2K - BitcoinEthereumNews.com

BTC / USD - Daily Chart  For the 48 hours, Bitcoin (BTC) has been fluctuating in a tight range between $38,200 and $38,850 price levels. The price movement has been characterized by the presence of small body candlesticks. These indecisive candlesticks are indicating that buyers and sellers are undecided about the direction of the market. The presence of indecisive candlesticks will prolong the current range-bound movement of Bitcoin. On the downside, if the bears break below the $38,200 support, the market will decline to the low of $37,515.70.  On the upside, if the current support holds and Bitcoin rebounds, the bullish momentum will break the initial resistance at $38,850. It will extend above the moving averages. Bitcoin will resume its uptrend if bullish momentum is sustained above the moving averages. In the meantime, BTC/USD is still fluctuating between $38,200 and $38,850 price levels.  BTC / USD - 4 Oras Chart  Meanwhile, Bitcoin is confined in a range between $38,200 and $38,850 price levels as it hovers above $38.2K. The cryptocurrency will trend when the range-bound levels are breached. Meanwhile, on April 11 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that BTC will fall but reverse at level

2022-04-30Industriya

Metas Revenue Might Have Surged In Recent Q1 Report But Things Are Thick For Its Metaverse ⋆ ZyCrypto - BitcoinEthereumNews.com

For the second time since its rebrand, Meta posted its Q1 na kita Wednesday, eliciting mixed reactions from investors.  But first, the company recorded an increase in Daily Active Users (DAUs) at 1.96B users up from 1.92B users in the last quarter, sending a sigh of relief to investors who have watched Metas stock dump by over 55% since September. The company also recorded a 7 percent rise in revenue to $29.9 billion, albeit being the slowest growth rate since the company went public 18 years ago.  However, Meta‘s family of applications- Whatsapp, Messenger, Facebook, and Instagram- which have been the company’s greatest source of revenue weren‘t the stars of the show. CEO Mark Zuckerberg, dialed back the metaverse rhetoric, echoing his belief in the metaverse becoming the company’s Jewel in the future despite the project greatly slowing Metas stock growth.  Last quarter, the company‘s Reality Labs Division, which is tasked with building virtual and augmented reality infrastructure from Meta brought in $695 million, exceeding previous estimates of 683 million by analysts. However, there is a catch. In Q1, Metas reality labs were operating at $2.96 Billion despite generating the reported income. Last year, the division lost over $10 billion, a picture that

2022-04-30Industriya

Irrational Market Exuberance Is Dying a Painful Death: Devitt - BitcoinEthereumNews.com

KabuhayanAng Irrational Market Exuberance ay Namamatay sa Isang Masakit na Kamatayan: Devitt04 / 30 / 2022Balita ng Ethereum ng Bitcoin  (Bloomberg) — Former Federal Reserve Chairman Alan Greenspan famously used the phrase “irrational exuberance” to describe the euphoric investor sentiment that sent tech stocks soaring in the late 1990s. Everyone knows what happened next.  Karamihan Basahin mula sa Bloomberg  Now, history seems to be repeating itself, as some of the disruptive and inovative companies that were market darlings during the time of pandemic lockdowns are being clobbered by a “dose of realism,” said Aoifin Devitt, chief investment officer at Moneta, which oversees more than $32 billion in assets.  Devitt joined “What Goes Up” to expound on this and more. Below are lightly edited and condensed highlights of the conversation. Click here to listen to the whole podcast, and subscribe on Apple Podcasts or wherever you listen.  Q: I want to ask you about the nature of defensive stocks — how do you play defense in this stock market?  A: Ultimately, the way to be defensive at a portfolio level is to have a well-diversified portfolio. And by that I mean across all asset classes, including bonds, including alternatives, including cash-flow generators, including real assets. And that

2022-04-30Industriya

Shib Whales Snag 143 Billion Shib Sa kabila ng Kamakailang Pagbaba ng Asset - BitcoinEthereumNews.com

TeknolohiyaShib Whales Snag 143 Billion Shib Sa kabila ng Kamakailang Pagbaba ng Asset04 / 30 / 2022Balita ng Ethereum ng Bitcoin  Ang mga Ethereum whale investor ay walang humpay na bumibili ng Shiba Inu (SHIB) anuman ang direksyon ng presyo nito. Sa data ng WhaleStats, isang ETH whale ang bumili ng 143 bilyon (nagkakahalaga ng humigit-kumulang $3.2 milyon) na mga token ng SHIB kamakailan.  Ang ETH whale ay patuloy na nag-iipon ng SHIB  Ang whale wallet na pinangalanang BlueWhale0073 ay niraranggo sa 272 sa mahigit 5000 pinakamahalagang ETH wallet na sinusubaybayan ng platform. Ipinapakita rin ng WhaleStats na ang parehong whale ay mabilis na nag-iipon ng memecoin.  Ang mamumuhunan ay bumili ng higit sa 57 bilyong SHIB, gumastos ng humigit-kumulang $1.3 milyon, nitong Huwebes lamang. Ang balyena ngayon ay mayroong mahigit 376 bilyong SHIB na nagkakahalaga ng humigit-kumulang $8.1 milyon. Ang posibilidad ng pagtaas ng exposure sa SHIB ng balyena ay napakalakas din dahil ang pinakamalaking hawak ng wallet ay kasalukuyang USDT.  Samantala, ang balyena na ito ay hindi lamang ang mataas na halaga ng mamumuhunan ng ETH na pinapaboran ang SHIB. Ang iba pang mga sikat na wallet sa nangungunang 100 cohort ay nagsa-salot ng memecoin nang husto.  Kasama sa ilang halimbawa mula sa WhaleStats

2022-04-30Industriya

Naabot ng Mga Gold Market ang 50 Araw na EMA - BitcoinEthereumNews.com

KabuhayanNaabot ng Mga Gold Market ang 50 Araw na EMA04 / 30 / 2022Balita ng Ethereum ng BitcoinTeknikal na Pagsusuri ng Gold Market  Ginto (Gold) bumuo ang mga merkado ng magandang candlestick sa panahon ng trading session noong Biyernes pagkatapos bumuo ng napakalaking martilyo noong Huwebes. Sa puntong ito, sinusubukan ng merkado na malaman kung ano ang susunod nating gagawin, at ang katotohanan na nabigo tayo sa 50 Day EMA ay kawili-wili, at nararapat na tandaan na ang lugar ay dati ring antas ng suporta sa $1925 antas. Dahil dito, ang merkado ay malamang na patuloy na makakita ng maraming ingay sa lugar na ito, at ito ay patuloy na gumagalaw batay sa US dollar higit sa anupaman. Tandaan na ang dolyar ng US ay patuloy na lumalakas nang husto, kaya iyon ay isang bagay na kailangan mong bigyang pansin.  Ang merkado ay mas malamang kaysa sa hindi patuloy na makakita ng maraming pagkasumpungin, dahil ang dolyar ng US ay patuloy na nakakakita ng maraming impluwensya sa mga merkado ng metal. Kung masira tayo sa ibaba ng martilyo sa sesyon ng Huwebes, maaari itong magsimula ng isang bagong alon ng presyon ng pagbebenta, marahil ay nagpapadala ng merkado pababa sa antas na

2022-04-30Industriya

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours – Featured Bitcoin News - BitcoinEthereumNews.com

The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors.  Crypto Scams Promising High Returns  The Idaho Department of Finance anounced Wednesday “a series of fraudulentncryptocurrency schemes seen recently targeting Idaho investors.” The regulator detailed:  The companies purport to provide high returns with no risks to the investor.  These fraudulent schemes are operating under the names and websites of Crypto FX Direct, Shield Investors Ltd., Quartz FX Trade, and Finvest Trading. At the time of writing, some of the schemes websites are already offline.  The regulator added:  These websites make outrageous, demonstrably false statements and claims such as guaranteed returns on investment as high as 65% – 80% every 24 hours.  To begin investing with these companies, investors have to purchase an investment plan using cryptocurrency, the finance department described. One of the companies, Finvest Trading, charges between $500 and $100,000 to begin trading.  Finvests investment plans. Source: Finvest  “They offer profitable investments with any plan, and purport the more invested, the greater the return,” the regulator detailed, adding that the companies investment advisors provide investors with “phony credentials.”  At the end of the agreed trading period, investment

2022-04-30Industriya

Pag-unawa sa epekto sa kapaligiran ng mga digital collectible - BitcoinEthereumNews.com

Sa gitna ng hype na pumapalibot sa NFT phenomenon, lumaki ang pangamba tungkol sa epekto sa kapaligiran ng teknolohiya. Sa isang kapansin-pansing halimbawa, ang sikat na South Korean boy band na BTS humarap makabuluhan pushback ilang buwan na ang nakalilipas bilang tugon sa kanilang mga plano na i-debut ang kanilang sariling koleksyon ng NFT. Ang backlash na naranasan ng BTS ay isa sa maraming katulad na pagkakataon, na nagreresulta sa ilang mga artist na naging maingat sa pag-explore ng NFT trend para sa kanilang sarili.  Ang nami-miss ng maraming fans ay iyon is posible na lumikha ng mga NFT sa paraang hindi kapinsalaan ng kapaligiran. Sa katunayan, maraming NFT platform ang nagpatibay ng mas responsableng kapaligiran na mga pamamaraan ng pagmimina sa pamamagitan ng pagsasama ng mga blockchain na matipid sa enerhiya tulad ng Tezos, Flow, Polygon at Solana. Ang mga blockchain na ito ay gumagana gamit ang isang consensus na mekanismo na tinatawag na proof-of-stake (PoS) upang patunayan ang mga transaksyon sa blockchain, tulad ng pag-minting ng isang NFT. Ang ganitong uri ng mekanismo ng pinagkasunduan ay nangangailangan ng mas kaunting enerhiya kaysa sa proof-of-work (PoW), ang dating nangingibabaw na paraan upang ma-validate ang mga transaksyon, gaya ng ipapaliwanag namin

2022-04-30Industriya
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