Balita sa Industriya ng Crypto at Market Trends

Difficult Path Ahead For Mavericks In Finding A Second Star - BitcoinEthereumNews.com

KabuhayanMahirap na Daan Para sa Mavericks Sa Paghahanap ng Pangalawang Bituin04 / 17 / 2022Balita ng Ethereum ng Bitcoin　　DALLAS, TEXAS – MARCH 27: Luka Doncic #77 of the Dallas Mavericks is guarded by Mike Conley #11 of ... [+] the Utah Jazz at American Airlines Center on March 27, 2022 in Dallas, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. 　　As Year 4 of the Luka Dončić era is nearing its close after the NBA Playoffs, its time to take stock of the Dallas Mavericks and their search for a co-star to their franchise player.　　While Dallas did display a solid defensive effort in their Game 1 loss against the Utah Jazz, it was clear as day that the Mavericks were vastly lacking in talent and playmaking, producing just 17 assists on 29 made field goals, and ending up with just 93 points on the night in Dončićs absence.　　Guard decisions coming up　　While Dončić could return at some point in this series, potentially prolonging a Mavs loss or even flip the series in Dallas‘ favor, it remains fairly obvious

2022-04-17Industriya

What are wash trading and money laundering in NFTs? - BitcoinEthereumNews.com

NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens to manipulate the price of an asset.　　Due diligence has become more difficult as investors have been forced to rely on measurable statistics, making wrong investment decisions. To encourage NFT investments and prevent NFT scams, discrepancies in the data must be investigated by specialists. Additionally, NFT crimes hit the NFT community the hardest. Regulators and proponents of mainstream financial services can now use wash trading to combat decentralization.　　Collectors and traders, likewise, are unable to make an informed judgment. When deceptive facts and history mislead people regarding a piece of art or collectible, it is simple for them to make rash decisions. So, with the NFT markets being impacted by wash trading, is there any way to spot it in the first place？　　There is no price or volume history associated with new coins when they are introduced to the market. As a result, developers or other insiders may participate in wash trading to deceive participants about the coins true worth. Therefore, avoid investing in those kinds of projects.　　Moreover, many NFTs have no trading volume or investor interest. As a result,

2022-04-17Industriya

KILT Launches New Application for Digital Identities - BitcoinEthereumNews.com

KILT anounces the launch of web3name, an application for creating a custom name to represent users‘ digital identity. The new approach would increase the transparency of users’ identities without sacrificing the privacy involved with personal data.　　KILT, a blockchain identity protocol based on the Polkadot network, issues a new form of digital credentials, Web3name(w3n), for users to represent their own digital identities. The credentials recorded on the distributed ledgers will be permanent addresses users can access anytime on the Polkadot ecosystem, as naglalagay sa anunsyo.　　Web3name is unlike a decentralized identifier embodied as a unique string of numbers and letters. Instead, it could be translated as simple letters like ingo, doso, etc. Using SocialKYC, an attestation service built on KILT, users can create credentials linking to their own email accounts or GitHub, Discord, Twitter, and others.　　According to KILT‘s prior anunsyo, SocialKYC would not get users’ personal information stored in any centralized data center.　　“Unlike sign-in processes on the internet to date, SocialKYC then forgets about the user and the credential as soon as the credential is issued. The credential, the personal information, and the control remain with the user.”　　The team considers W3n as an enhancement of how digital identities are processed on the

2022-04-17Industriya

9,000 NFTs To Be Released By George Floyds Brother To Honor Justice Day. - BitcoinEthereumNews.com

Terrence Floyd, brother of George Floyd, has collaborated with Confront Art to create 9,000 Non-Fungible tokens (Mga NFT) to commemorate today April 15, which is regarded as Justice Day. Following the death of George Floyd in 2020 – due to the brutal treatment by Mineapolis Cop, Derek Chauvin – waves of protests erupted across the country under the “Black Lives Matter” movement. It is regarded as one of the largest in American history, with over 15 million people taking part.　　Two years later and the protests have subsided, Mr. Terrence Floyd continues to advocate against racism and social injustice. He is the founder and leader of the We are Floyd Inc, a non-profit organization committed to fighting for human rights and social justice.　　This latest effort of his comes as a partnership with Confront Art, a group that supports social justice causes through art expressions. Together, they will be putting up 9,000 NFTs for sale on mintNFT.com to celebrate April 15 – tagged Justice Day. The money generated via the sale of these NFTs will be disbursed to support the We are Floyd Organisation and two other charities namely: The Breona Taylor Foundation, and the John and Lillian Miles Lewis Foundation.　　NFTs as

2022-04-17Industriya

DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack - BitcoinEthereumNews.com

Lossless (LSS) has reached out to Beanstalk; the project is an increasingly-utilized tool to combat against potential hacks. | Source: LSS-USDT on TradingView.comMga Kaugnay na Pagbabasa | Ang Bitcoin ay Kumakapit Sa $40K Sa Linggo ng Pagkabuhay Habang Nakikitang Bumababa ang Crypto Sa Maikling Panahon　　Can The Protocol Recover？　　Just days ago, Beanstalk was celebrating over $150M in TVL, over $130M in liquidity, and a rapidly approaching market cap of $100M that was impending. The protocol has had to pump the brakes, and its future is now unclear – with a stark Discord screenshot from admins:　　How the protocol recovers from here will be difficult to predict. Additional Discord screenshots show that the project is not shutting down immediately, but is also not committing towards an eventual re-build:　　Crypto hack mitigators Lossless have reached out and Beanstalk will likely need strong partners to recover from this. Commentors on Beanstalk‘s Twitter account have speculated that it was an ’inside job‘ conducted by Beanstalk to leave retail as exit liquidity. However, until more details come to light, it’s all speculation.　　We‘re engaging all efforts to try to move forward. As a decentralized project, we are asking the DeFi community and experts in chain analytics to help us

2022-04-17Industriya

Solanas far too many red flags too much for this exec - BitcoinEthereumNews.com

Pinagmulan: CryptoSlam　　Despite all the criticisms, however, Solana officials are certain of the quality of the blockchain. They believe they don‘t have to do anything that “sells the vision of the ’execution layer for everything very short,” Nagtalo Solana Labs Co-Founder Raj Gokal.　　Solana‘s growth has fueled a host of predictions, with Gavin Smith, General Partner at Panxora Crypto, zeroing in on $250 based on SOL’s potential.　　“We think that SOL is one of a few smart contract-based blockchains that have the technical architecture that will be difficult for Ethereum to compete with on the basis of transaction speed and transaction cost. For smart contract usage, especially in DeFi, these factors are a critical success indicator.”　　According to FTXs Sam Bankman-Fried,　　“Solana has a shot at becoming one of the core layers on which most financial and informational transfers happen between applications in a natively Web3 world.”

2022-04-17Industriya

Luna Foundation Guard got a gift of 10M Luna from Terraform Labs - BitcoinEthereumNews.com

Terraform Labs (TFL), a Terra (LUNA) blockchain developer, has given the Luna Foundation Guard 10 million LUNA, which is worth roughly $820 million at current pricing.　　The Luna Foundation Guard (LFG) is a Terra-affiliated foundation entrusted with collateralizing Terra USD (UST), the networks algorithmic stablecoin, in order to maintain it linked to the US dollar.　　Terraform Labs‘ most recent anouncement was made on Twitter on April 14, however, it did not specify what the funds will be used for. However, Terra Finder transaction data suggests that the LFG’s reserve wallet was quickly depleted of 7.8 million LUNA (about $630 million) yesterday.　　Where is funding used in？　　The Luna Foundation Guard has received another 10 million LUNA tokens from Terraform Labs, following a $1.1 billion gift last month.　　Following a $1.1 billion pledge last month, Terraform Labs has given the Luna Foundation Guard additional 10 million LUNA tokens, which is currently valued at $820 million.　　Terra USD (UST), the networks algorithmic stablecoin, is collateralized by the Luna Foundation Guard (LFG), a Terra-affiliated foundation tasked with keeping it conected to the US dollar.　　The most recent anouncement from Terraform Labs was published on Twitter on April 14, however, it did not indicate what the funding will be utilized for.　　The

2022-04-17Industriya

Green Metaverse Token (GMT) price analysis: sellers try to break the $2.0 support without success - BitcoinEthereumNews.com

Source: Coin360　　The GMT coin has traded in 2.16 -2.28 in the past 24 hours. The total volume traded was worth over 7.0 million. The price is trading above the 50-day and 200-day simple moving averages.　　Source: Tradingview　　The SMA 200 indicator is currently slightly above the price, indicating that the long-term trend is still bearish. However, the SMA 50 indicator has crossed above the SMA 200 indicator, which is bullish and indicates that the short-term trend is now starting to turn positive.　　The current market conditions indicate that the GMT coin is in a bearish trend in the short term, but the long-term trend is still bullish. Investors should tread with caution and wait for a breakout before making any decisions.　　GMT coin hilarious 31,000 percent increase in a month!　　This is no joke; the STEPN Green Metaverse Token (GMT) has seen a 31,000% increase in value since its token sale on Binance Launchpad last month. That‘s an insane return on investment, and if you were lucky enough to get your hands on some GMT tokens, you’re probably feeling pretty good about yourself right now.　　Of course, it‘s always possible that the value of GMT could drop just as quickly as it rose. So if you’re

2022-04-17Industriya

Elon Musk Wants Twitter; ETH 2.0 Shadow War - BitcoinEthereumNews.com

During the week, Ethereums first mainet shadow fork went live, bringing the network closer to the transition to Katunayan-ng-Stake. To date, the shadow fork merge has processed over 1.5 million transactions and has an average block time of 13.8 seconds.　　“We‘re very close to a historical event. We’re testing PoS on Ethereum. Today will be the first mainet shadow fork ever. Were roughly 690 blocks (~2 h) away from TTD,” Marius Van Der Wijden, a leading Ethereum developer shared to Twitter.　　With the conclusion of the mainet shadow fork, the devs have lined up another on the 22nd of April. The upcoming shadow fork will offer clarity regarding the timeline of the actual merge that would see the network leave the Proof-of-Work consensus mechanism behind.　　Jack Dorseys NFT tweet　　Jack Dorseys NFT tweet that garnered $2.9 million last year, has failed to hit stellar numbers after it was relisted for sale. The bids for the NFTs amounted to just 7 with the highest bid being for a paltry $280 despite having an opening bid fixed at $48 million.　　The NFT was purchased in March 2021 by Sina Estavi, the founder of two cryptocurrency firms in Malaysia. Estavi stated that he would donate 50% of the

2022-04-17Ethereum

Todays Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits – Mining Bitcoin News - BitcoinEthereumNews.com

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, can obtain $13.74 per day in bitcoin profits.　　Crypto Miners Continue to Gather Profits, Top Ethereum Mining Rig Can Get an Estimated $51 per Day in Profit　　Ang presyo ng bitcoin (BTC) is still down roughly 40% since the crypto asset‘s all-time high (ATH) and ethereum (ETH) has lost 37% against the U.S. dollar since the cryptocurrency’s ATH. Despite the drop in value, bitcoin and ethereum miners are still making decent profits as both networks have seen their hashrate reach ATHs in 2022.　　Bitcoin‘s hashrate has been runing high above 200 exahash per second (EH/s) and Ethereum’s hashrate is 1.12 petahash per second (PH/s). In mid-April 2022, the most profitable crypto asset to mine between both leading crypto assets is ethereum.　　The top ethereum miners (ETH) in mid-April 2022.　　For instance, a single Inosilicon A11 Pro ether mining rig, that processes the Ethash algorithm at 1.5 GH/s with electric costs

2022-04-17Ethereum

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