Pinakabagong Balita sa Crypto at Market Updates

Polygon surpasses Ethereum and Arbitrum for daily users

Ayon sa DeFillama, a well-known crypto analytics site, the blockchain of Polygon reached an impressive total of 405,084 active crypto users in the past 24 hours, surpassing Ethereum, Arbitrum.　　Meanwhile, during the same time period, Ethereum recorded 332,000 active users, Arbitrum 172,968 and Solana 122,570.　　These figures clearly demonstrate the remarkable success and growing popularity of Polygon compared to other competing blockchains. Lets see all the details below.　　Polygon establishes itself as the leading crypto by surpassing Ethereum, Arbitrum and Solana　　As anticipated, over the past two weeks, Polygon has shown one of the most significant mga uso sa paglaki among Layer 1 and Layer 2 blockchains.　　Indeed, thanks to lower fees and faster transactions, the Layer 2 blockchain has surpassed some of the largest Layer 1 blockchains in the world in terms of daily active users.　　Karaniwan, Ethereum dominates the blockchain landscape in terms of the number of daily active users due to its intensive decentralized finance (DeFi) activity.　　However, due to Ethereums high fees, more and more DeFi enthusiasts are turning to layer 2 blockchains such as Polygon to take advantage of cheaper fees and faster transactions.　　Thanks to this exodus to layer 2 blockchains, Polygon has seen a steady increase in daily active users and

2023-07-22Ethereum

Greenpeace Riles up Bitcoiners Yet Again

Climate advocacy group Greenpeace USA has once again found itself at odds with Bitcoin community, as it launched visually dramatic campaign highlighting environmental impact of Bitcoin investments by financial behemoths　　Environmental advocacy group Greenpeace USA has once again pinalakas ang kontrobersya within the Bitcoin community with its latest anti-Bitcoin campaign.　　Recently, it projected images onto prominent buildings in New York City, drawing attention to the significant climate impact of Bitcoin investments by major financial institutions, specifically JPMorgan Chase & Co. (Chase) and BlackRock.　　The projections, which premiered on July 18, showed the CEOs of Blackrock and Chase, Larry Fink and Jamie Dimon, respectively, with red laser eyes, a characteristic of Bitcoin maximalist profile images.　　These bold visuals served as a stark reminder of the urgent environmental crisis at hand, directly attributing the peril to the Bitcoin investments and practices of these financial giants.　　The environmental advocacy group notably labeled Bitcoin as a “climate bomb,” criticizing its hefty energy consumption predominantly derived from fossil fuels such as coal and gas. Alarmingly, its recent report indicates that some coal-fired power plants, initially marked for closure, have been resurrected or kept operational to power Bitcoin mining activities.　　The Bitcoin community swiftly hit back, with prominent members of the community

2023-07-22Industriya

The loss of 1.1100 could spark a deeper drop

Balita ng Ethereum ng Bitcoin　　EUR/USD trades in weekly lows near 1.1100.　　Next on the downside comes the 1.1000 key level.　　EUR / USD remains well offered and navigates the lower end of the weekly range near the 1.1100 neighbourhood.　　The recent upside bias now appears alleviated and further losses seem to be in store for the pair in the near term instead. That said, a sustained drop below the weekly low of 1.1111 could motivate the pair to dispute the psychological hurdle at 1.1000 the figure.　　Sa pagtingin sa mas mahabang pagtakbo, ang positibong pananaw ay nananatiling hindi nagbabago habang nasa itaas ng 200-araw na SMA, ngayon sa 1.0687.

2023-07-22Industriya

Consumers spend on health products as they pull back elsewhere

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnsons consumer-health business, speaks during an interview to celebrate its IPO at the New York Stock Exchange (NYSE), May 4, 2023.　　Brendan Mcdermid | Mga computer　　Most consumers have pulled back on spending as inflation squeezes their wallets, but they have not stopped paying up for brand-name health and personal care products,Kenvue CEO Thibaut Mongon said.　　Mongon told CNBC on Thursday that consumers are still willing to spend on the companys branded products – even as they reduce discretionary spending at retail stores and trade down on some essential items by changing their usual purchase size or switching brands for lower prices.　　Ang consumer spinoffKenvue beat second-quarter revenue and adjusted earnings estimates on Thursday, fueled by resilient demand for the companys wealth of widely known brands such as Band-Aid, Tylenol, Listerine, Neutrogena and Aveeno.　　Still, the companys stock price fell after J&J announced that it would launch an exchange offer to reduce its stake in Kenvue far earlier than expected.　　Kenvue also noted that “private label” penetration in the consumer health product market was stable for the quarter. Private label refers to products made and sold under a specific retailer‘s name that are sold at a lower

2023-07-22Industriya

Further moderate CAD recovery potential in the medium term – Commerzbank

Recently, the Canadian Dollar has been able to make up some lost ground. Economists at Commerzbank analyze Loonies outlook.　　EUR/CAD should reflect the interim EUR strength expected　　We see further limited CAD recovery potential against the USD due to the robust economy and a hawkish BoC. CAD should benefit if the interest rate differential between the Fed and the BoC narrows or turns positive in the medium term.　　EUR/CAD should reflect the interim EUR strength we expect.　　Pinagmulan: Commerzbank Research

2023-07-22Industriya

Bitcoin Bollinger Bands echo move that ended in 40% January gains

Bitcoin (BTC) is lining up a burst of volatility that could rival its 40% January gains, on-chain data suggests.　　In the latest edition of its weekly newsletter, The Week On-Chain, analytics firm Glassnode revealed the tightest Bollinger Bands since the start of 2023.　　BTC price due “strong moves” — but direction unknown　　BTC price has acted in a tight range for an entire month, using $30,000 as a focal point for sideways behavior.　　This, popular analyst Aksel Kibar says, is putting both bulls and bears to the test.　　“Seems like $BTCUSD is exhausting many traders patience,” he summarized sa Hulyo 21.　　“That is usually the condition you see before strong moves. Not sure about the direction though. I will stick with my well-defined boundaries. I know that increased volatility is around the corner. Capture the directional move.”　　According to Bollinger Bands behavior, that move should come sooner rather than later.　　The classic volatility indicator is currently printing a telltale sign that the days of rangebound BTC price action are numbered.　　Bollinger Bands use standard deviation around a simple moving average to determine when an assets price is due a shift in trend.　　On BTC/USD, its upper and lower band are unusually close together at present — more compact, in fact,

2023-07-22Industriya

Arbitrums 3rd Largest DeFi Protocol Scores $10M Funding From Binance Labs

Binances venture capital and incubation arm, Binance Labs, has announced investing $10 million in LayerZero Labs-based lending and borrowing protocol, Radiant Capital.　　The capital raised in the strategic funding round will be deployed to tech and product development to expand on oracle support, collateral expansion, Ethereum mainnet deployment, cross-chain liquidations, dual-emissions support, abstracted repayments, and full LayerZero messaging support.　　According to the official blog post, the company believes that these developments will aid in bringing the next 100 million users into decentralized finance (DeFi).　　Radiant Capital is built on top of a Binance-supported company, LayerZero Labs.　　The protocol currently enables users to borrow and deposit tokens and currently resides on the BNB Chain and Arbitrum on the Ethereum blockchain.　　The latest capital infusion is expected to help Radiant expand to numerous EVM chains in a bid to eliminate the need for countless transactions to conduct lending, borrowing, bridging, and swapping between chains.　　Commenting on the latest development, Yi He, Co-Founder of Binance and Head of Binance Labs, said　　“Radiant Capital‘s commitment to facilitating seamless cross-chain transactions for DeFi, and performance on Arbitrum and BNB Chain demonstrates its potential for driving mass adoption. We look forward to seeing Radiant’s continued growth and further contributions to the ecosystem.”　　Meanwhile, its

2023-07-22Industriya

Ano ang Bitcoin Mining at Paano Ito Gumagana?

Ang pagmimina ng Bitcoin ay ang proseso ng pagdaragdag at pagpapatunay ng mga bloke ng mga transaksyon sa pampublikong blockchain ng Bitcoin.　　Gumagamit ang Bitcoin ng mekanismo ng pinagkasunduan na “patunay ng trabaho”, na hinihingi ang pangako mula sa mga minero sa anyo ng mamahaling hardware at elektrisidad sa pagmimina.　　Ang mga minero ay nakikipagkumpitensya upang malutas ang isang kumplikadong palaisipan na cryptographic, at ginantimpalaan ng bagong naka-minta na Bitcoin.　　Bitcoin ay ang proseso kung saan idinadagdag ang mga bloke ng mga transaksyon sa pampublikong blockchain at na-verify. Ito rin ang proseso kung saan bago ay nilikha - isang mekanismo na kapwa sinisiguro ang integridad ng at pinasisigla ang pakikilahok sa network.　　Ang mga minero ay nakikipagkumpitensya upang magdagdag ng mga bagong bloke sa blockchain. Ang pagmimina ng Bitcoin ay hinihingi ang isang malaking pangako sa bahagi ng mga minero; ito ay isang magastos, matagal na gawain, at isa na kinakailangan upang gumana ang cryptocurrency at upang ang mga tao ay maniwala sa pagiging lehitimo nito.　　Mahigit isang dekada mula pa ay nilikha ng , naririnig ng karamihan sa mga tao ang tungkol sa pagmimina. Ngunit ano talaga ang ibig sabihin nito-at paano ka tungkol sa pagmimina ng Bitcoin？　　Ano ang pagmimina ng Bitcoin？　　Ang Pagmimina Bitcoin

2023-07-22Bitcoin

Will DOT Price Get Doubled in 2024?

Pananalapi　　Will DOT Price Get Doubled in 2024？　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Polkadot price prediction is bullish and suggests prices might outperform in 2024. DOT price is rising upward by forming higher highs swings and succeeding to regain the $5.00 mark.　　Polkadot price struggles between the 50-day and 200-day to reverse the trend. The 200-day EMA is acting as an immediate hurdle for the bulls. If buyers succeed to break the EMA hurdle, then the price might begin the journey to reach $7.00.　　In mid-June 2023, the downfall in DOT crypto price took a halt near $4.200. Later, responsive buyers came forward to push the price higher, and slowly prices recovered and showed signs of a trend reversal.　　Polkadot crypto price formed a strong base near $5.00 and the downside looks limited. If the prices consolidate for a few months in the range of $5.00 to $6.00, then the probability of the upward range expansion will substantially increase.　　Polkadot price is trading at $5.480 with an intraday rise of 2.33%. The 24-hour volume to market cap is 3.69%. The pair of DOT/BTC is in a downtrend and trading at 0.0001833, with an intraday rise of 2.00%.　　Will DOT Price Reach $10.00 in 2024？　　Polkadot price

2023-07-22Industriya

Conic Finance loses $3.2M to reentrancy attack on ETH Omnipool

DeFi protocol Conic Finance mapag- that it was exploited via a reentrancy attack earlier today for an undisclosed sum.　　A reentrancy attack allows an attacker to drain funds of a vulnerable contract by repeatedly calling the withdraw function before it updates its balance. This attack has been commonly used to exploit several DeFi protocols.　　Conic Finance stated that it initially disabled the front end of its Omnipool Ethereum deposits, adding that it has initiated a fix　　“The root cause was a re-entrancy attack that was able to be performed because of a wrong assumption as to what address is returned by the Curve Meta Registry for ETH in Curve V2 pools.”　　Curve Finance also that only the ETH Omnipool was affected.　　According to its website, Conic Finance allows liquidity providers to diversify their exposure to multiple Curve pools easily. Any user can provide liquidity into a Conic Omnipool, which allocates funds across Curve in proportion to protocol-controlled pool weights.　　Conic Finance did not respond to humiling ng karagdagang komentaryo sa oras ng press.　　Meanwhile, blockchain security firm Decurity naglalagay that the exploit led to the loss of 1724 ETH worth $3.2 million.　　Decurity noted that the exploiter was active yesterday and performed a series of small hacks before

2023-07-22Industriya

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