Pinakabagong Balita sa Crypto at Market Updates

Bitcoin resumes rise, Ether gains ahead of upgrade, Dogecoin makes up some lost ground

Bitcoin resumed its rise above US$28,000 in Monday morning trading in Asia, a support level it has fluctuated around for most of April after a strong start to the year even amid higher interest rates, bank failures, and concerns about a recession in the U.S. Most other top 10 non-stablecoin cryptocurrencies gained, including Ether ahead of Wednesdays upgrade to the Ethereum blockchain. Dogecoin rose. U.S. stock futures were mixed after a three day weekend.　　Bitcoin added 1.40% to US$28,343 in the 24 hours to 8:00 a.m. in Hong Kong, up 0.57% for the week or little changed, according to CoinMarketCap data.　　The worlds biggest cryptocurrency has risen 70% so far this year and is holding its ground around US$28,000 this month even as equity markets have faced headwinds from higher interest rates to stem inflation, a series of bank failures, and signs the U.S. economy may be headed for a recession.　　Bitcoin could break through US$30,000 in the coming week but the caution is that a recession may be looming, said Kadan Stadelmann, chief technical officer of blockchain infrastructure development firm Komodo.　　“Normally, we see risk on conditions as something that drives up the Bitcoin price. But, over the last month with the banking

2023-04-10Industriya

Nikkei 225 technical analysis points to a drop to ¥27,000

The Nikkei 225 index drifted downwards on Monday as investors reacted to the latest Japan local elections and the important change at the Bank of Japan (BoJ). The index, which tracks the biggest Japanese companies, was trading at ¥27,635, which was a few points above last weeks low of ¥27,440.　　Japan local elections, changes at the BoJ　　The main catalyst for the Nikkei index was the latest local elections in Japan, where the ruling Liberal Democratic Party won several important local elections. For example, Governor Naomichi Suzuki retained his post as the governor of Hokkaido.　　The victories will boost the government of Fumio Kishido, who has regained popularity for repairing relations with South Korea. His visit to Kyiv also helped gain his popularity. It also means that he could now delay calling a national election, which was expected to happen in the coming months.　　The Nikkei index also moved sideways after the Bank of Japan gained a new governor. As I wrote in this article, Haruhikop Kuroda‘s term ended last week. He was replaced by Kazuo Ueda, who is now expected to tweak some of Kuroda’s policies.　　Under Kuroda, the central bank left interest rates at a record low and implemented the biggest quantitative easing

2023-04-10Industriya

XMR Price Analysis: XMR Price Makes a Breakout; Will it Sustain?

XMR price is currently trading at $158.00 with an increase of 2.6% in the 24-hour trading volume.　　XMR price recorded a decline of 0.14% in the last 24 hours.　　XMR price is expected to make a bullish move in the near future　　XMR price is currently trading above the 200 day EMA. After making consistent attempts to cross above its major resistance level by the XMR price, it finally crossed above it with a strong bullish candle. As of now, the sellers are making an attempt to take control of the price action. But the buyers are persistent and they are maintaining their stronghold above the 200 EMA.　　The price is trading in an overall bullish trend. The consolidation-like pattern before and after crossing the 200 EMA shows the struggle between the buyers and sellers. Before crossing the resistance point, the sellers had a strong chance to maintain their control as the 200 EMA is a strong resistance point but as of now, the buyers have a better chance of continuing the bull trend.　　XMR Price Under a Consolidation Above 200 EMA on the (1-Day Timeframe)　　Pinagmulan: XMR/USDT ng TradingView　　XMR made a bullish attempt previously to break above the 200 EMA with a strong move but

2023-04-10Industriya

Ripple Price Analysis: Fresh Rally Possible Above $0.52

Ripple price started a downside correction from the $0.5850 zone against the US dollar.　　The price is now trading below $0.512 and the 55 simple moving average (4 hours).　　Mayroong isang pangunahing linya ng trend ng bearish na bumubuo sa paglaban malapit sa $ 0.5080 sa tsart na 4 na oras ng pares na XRP / USD (mapagkukunan ng data mula sa Kraken).　　Ang pares ay maaaring magsimula ng isang malaking pagtaas sa itaas ng $0.5120 na pagtutol.　　Pagsusuri ng Ripple Price　　This past month, Ripple price saw a strong increase above the $0.4850 resistance against the US Dollar. The XRP/USD pair even climbed above the $0.50 resistance to move into a positive zone.　　There was a steady increase and the price climbed toward the $0.60 resistance. A high was formed near $0.5847 and the price recently corrected lower. There was a move below the $0.550 and $0.520 levels. It tested the $0.4820 zone.　　A low is formed near $0.4822 and the price is now consolidating. XRP price is now trading below $0.512 and the 55 simple moving average (4 hours). On the upside, the price is facing resistance near $0.5080.　　There is also a key bearish trend line forming with resistance near $0.5080 on the 4-hours chart

2023-04-10Industriya

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered – Defi Bitcoin News

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswaps smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.”　　Dex Platform Sushiswap Suffers From Smart Contract Exploit　　Over the weekend, the dex platform Sushiswap saw its RouteProcess02 contract exploited and then distributed across various blockchain networks. Blockchain security firm Certik nai-publish an alert after discovering the exploit. The company Peckshield also update the crypto community via Twitter, noting that Sushiswaps “RouterProcessor2 contract has an approve-related bug.” It has also been reported that the victim was a well-known crypto advocate called Sifu, who reportedly lost 1,800 ether.　　Sifu may not have been the only victim, as Certiks alert mentions that a few USDC users may have been affected. “We have detected suspicious activity on [0x15d], which is a malicious router,” Certik tweeted. “Revoke permissions if you have approved this router to spend your tokens. Stay safe. Multiple users who had approved the malicious contract have seen their USDC being transferred to [0x29e]. The wallet has taken about $20,000 in the last two hours,” the company idinagdag.　　A developer known as 0xngmi has

2023-04-10Bitcoin

Bitcoin Scammers Impersonate $55M Lottery Winner with Fake Facebook Accounts

Bitcoin　　Ang mga Bitcoin Scammers ay Nagpanggap na $55M na Nanalo sa Lottery gamit ang mga Pekeng Facebook Account　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Alex Dovbnya　　Sidney lottery winner Scott Gurney is cautioning the public not to send him Bitcoin, as multiple fake Facebook accounts have emerged using his identity to scam people out of their money　　Scott Gurney, a recent $55-million lottery winner from Sidney, warns the public not to send him Bitcoin, The Times Colonist reports.　　Several bogus Facebook accounts have emerged using his identity to scam people out of money. Since claiming his lottery prize, multiple accounts have appeared on the social media platform, with each account showing a picture of Gurney holding his lottery check.　　Some of these accounts offer financial assistance, while others contain feel-good slogans and assurances that their account is the only legitimate one.　　Gurney has advised those who have fallen for the scam to contact the Royal Canadian Mounted Police (RCMP). He empathizes with those who may be facing financial difficulties but emphasizes that people should be cautious of offers that seem too good to be true. It remains unclear how the scammers convinced people to send Bitcoin.　　The lottery winner, who is also a financial advisor, is

2023-04-10Industriya

Russia makes new record in crypto mining – Cryptopolitan

crypto　　Gumagawa ang Russia ng bagong record sa crypto mining – Cryptopolitan　　16 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Cryptocurrency mining is on the rise in Russia with the country now taking the second spot for total power capacity devoted to digital currency production. According to data provided by Bitriver, one of the countrys largest miners, a staggering 1 gigawatt (GW) was reached during the first three months of 2023.　　The United States continues to remain at the top spot with 3-4 GW of mining capacity available, while other countries such as Gulf Power (700 MW), Canada (400 MW), Malaysia (300 MW), Argentina (135 MW), Iceland (120MW), Paraguay (100-125 MW) and Ireland (90 MW) make up the rest of the top ten list.　　Kazakhstan‘s policies against crypto mining have also helped boost Russia’s positive trend. Recently introduced regulations saw an influx of miners leaving China following its industry crackdown for more affordable costs in Kazakhstan.　　Unfortunately, due to electricity shortages in Central Asia, authorities quickly started shutting down authorized mining data centers and illegal crypto farms, leading many miners back to Russian borders.　　Not surprisingly, increasing electricity rates in the U.S., a fall in mining profitability and abolished tax incentives have slowed down Americas lead as

2023-04-10Industriya

DeFi is Massive: Seize The Opportunities for a Decentralized Future

blockchain　　DeFi is Massive: Seize The Opportunities for a Decentralized Future　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　DeFi has massive potential for disruption in traditional finance.　　LayerZero provides cross-chain interoperability for seamless DeFi transactions.　　Stargate Finance incentivizes liquidity providers and offers broader asset-bridging options.　　Decentralized Finance (DeFi) has been a hot topic in the financial industry over the past few years, and for a good reason. Significantly, the opportunities within the DeFi space are still massive, and the potential for disruption in traditional finance is undeniable.　　With the rise of blockchain technology, DeFi has opened up a new world of possibilities for investors, traders, and businesses. Moreover, as the world becomes more familiar with decentralized systems, DeFi is poised for tremendous growth in the coming years.　　On the same accord, in decentralized finance, interoperability is critical in ensuring users have a seamless experience while interacting with different blockchain networks. LayerZero, an omnichain interoperability protocol, has emerged as a promising solution to revolutionize cross-chain transactions in DeFi.　　With LayerZero, DeFi apps might integrate cross-chain without needing customers to link assets to other segmented markets. Besides, this is made feasible by allowing for the exchange of messages across various networks and blockchains, including Layer-2 networks. Consequently, users may engage

2023-04-10Industriya

LooksRare launches V2 with improved features – Cryptopolitan

Kabuhayan　　LooksRare launches V2 with improved features – Cryptopolitan　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　LooksRare, one of the most promising NFT marketplaces, has recently announced the release of Version 2 update. This update has received a warm welcome from the NFT community, as it introduces several new features that enhance the user experience and improve trading efficiency.　　The update introduces several key features that make trading NFTs more efficient and affordable. For instance, Version 2 reduces fees by 75%, making it more accessible for small-time collectors and creators. This means that it will be easier for beginners to enter the NFT market and for established buyers and sellers to make more profits.　　Another significant change brought about by Version 2 is the gas-efficient contracts. This means that the smart contracts consume less gas, ensuring that buyers and sellers have to pay lesser gas fees to complete a transaction. It also improves the security of the transactions by reducing the risk of network congestion.　　In addition, with Version 2, trading is now done in token prices instead of ETH. This means that buyers and sellers can now trade without worrying about the fluctuating value of ETH. This feature ensures that users get the best

2023-04-10Industriya

SushiSwap hacked for over $3.3m, approval smart contract on Ethereum exploited

Ethereum　　SushiSwap hacked for over $3.3m, approval smart contract on Ethereum exploited　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Decentralized exchange SushiSwap was on April 9 hacked for more than $3.3m. It follows a bug in the approval system of the exchanges RouterProcessor2 contract on Ethereum.　　The exploit led to the loss of more than 1,800 ethereum (ETH). Following the hack, SushiSwaps Head Chef, Jared Grey, is advising affected users to revoke contracts.　　SushiSwap contract compromised　　Peckshield, a blockchain security firm, reported a data breach on the SushiSwap system occasioned by an approve-related bug that has seen a loss of over 1,800 ETH translating to $3.3m.　　The bug targeted the RouterProcessor2 contract responsible for trade routing services on SushiSwap.　　According to Peckshield, the exploit targeted numerous chains where the affected smart contract operates, including Ethereum, Avalanche, Fantom, and Binance Smart Chain (BSC).　　All the compromised addresses were recorded, and owners were advised to invalidate contract approvals as soon as possible.　　SushiSwaps Head Chef, Jared Grey, admitted to the breach in the system and noted that the exchange had deployed security personnel to diminish the hack.　　He added that the team had not yet established the number of users affected but guaranteed customers that only those exposed to the compromised contract

2023-04-09Ethereum

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