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Pamilihang pandaigdig # Regulatory na inspeksyon Platforma

Virtual Ponzi Scheme Implodes - Cryptocurrency Masterminds Are Missing - BitcoinEthereumNews.com

KabuhayanVirtual Ponzi Scheme Implodes – Cryptocurrency Masterminds Are Missing06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　Virtual implosion　　makulitn　　The virtual investment promises were compelling: High return, no inflation risk, complete safety, absolute privacy, and immediately transferable to anywhere. Moreover, there was no interference – no regulations, taxes, fees, red tape. Clearly, this virtual investment would be the top choice in the modern age. Nothing could go wrong with the latest inovation: cryptocurrency.　　Oops!　　It turns out there was a “hidden” weakness. New buyers were required to reward previous buyers, thereby attracting more new buyers – just like in Charles Ponzis scheme (and the countless others that occurred before and after his). Should sellers outnumber buyers, the cycle reverses.　　It appears that day has come. The heavy hitters who are less enamored with being part of a modern movement appear to be selling. Those vacating “investors” likely include a mix of privacy seekers like dictators, oligarchs, organized crime figures, and ransomware attackers.　　Making matters worse are the leveraged funds of funds that compound returns only if prices rise. Otherwise, they go bust as investors bail.　　Finally, there are the offshoots. Their implosions give the same message as dying canaries in a mine: “Get out!” NFTs (non-fungible tokens)

2022-06-15Industriya

Trons Decentralized USD Stablecoin Continues to Slip From Dollar Peg – crypto.news - BitcoinEthereumNews.com

blockchain cryptoTrons Decentralized USD Stablecoin Continues to Slip From Dollar Peg – crypto.news06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　USDD, the Tron-backed algorithmic stablecoin, is still struggling to regain its dollar peg, which it lost on Monday.　　Short Sellers Hit Tron　　Trouble started brewing in the Tron ecosystem on June 13 when the platforms native token, Tron (TRX), lost a significant percentage of its value in overnight trading.　　Tron‘s founder and CEO, Justin Sun, blamed short-sellers for TRX’s tumbling prices and promised to deploy at least $2 billion from Tron DAO Reserves to “fight them.”　　In a tweet posted on Monday, Sun promised the Tron community that the short-sellers wouldnt last for even 24 hours as they would be short-squeezed and forced to close their positions.　　USDD Still Struggling Despite Measures to Shore Up its Value　　Trons struggles, coupled with the ongoing volatility in the broader crypto market, subsequently led to the USDD stablecoin dipping below its $1 peg to trade at $0.97 per unit.　　Tron DAO has injected more than 700 million USD Coin (USDC) to help defend the USDD peg. And while the stablecoin has made slight gains, it is still almost two cents below its ideal value. At the time of writing, USDD

2022-06-15Industriya

Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns  - BitcoinEthereumNews.com

BitcoinNilinaw ni Michael Saylor ang Mga Alalahanin sa MicroStrategy Bitcoin Loan Margin Call 06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　MicroStrategy CEO Michael Saylor has clarified that the companys strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitcoin-backed loan.　　The comments come as the U.S. software firm mapag- it had, for now, not received a margin call on the $ 205 Milyon borrowed from crypto-focused bank Silvergate Capital in March. The three-year loan is collaterized by about 20,000 bitcoin.　　“When MicroStrategy adopted a bitcoin strategy, it anticipated pagkasumpungin and structured its balance sheet so that it could continue to HODL through adversity,” Saylor said in a tiririt. “Hodl” is a popular term used by crypto investors that refuse to sell regardless of price action.　　CFO says no margin call yet　　In May, MicroStrategy chief financial officer Phong Le said the company might have to post more collateral or sell some of its bitcoin in the event of a margin call, prompted by a decline in the price of BTC below $21,000.　　Bitcoin fell below that threshold on Tuesday, dropping to around $20,800 before recovering to over $22,000. At the time

2022-06-15Industriya

Ethereum (ETH) Price At $1,016 Will Cause Massive Liquidations, Heres Why - BitcoinEthereumNews.com

EthereumAng Presyo ng Ethereum (ETH) sa $1,016 ay Magdudulot ng Napakalaking Liquidation, Narito Kung Bakit06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum (ETH) price is under pressure as it faces a massive selloff risk at $1016. Ethereum is currently trading at $1,064, down 13% in a day. The massive selloff will be caused by the liquidation of Three Arrows Capital as top lenders liquidate positions.　　The wallet address marked as Three Arrows Capital on Nansen faces a liquidation risk of $264 million if the ETH price falls to $1016. It is actively repaying the AAVE debt.　　Ang Presyo ng Ethereum (ETH) sa $1016 ay Magwawakas sa 3AC　　Ayon sa crypto analyst Onchain Wizard, a wallet marked as Three Arrows Capital on Nansen has been paying off its debt on AAVE V2 to avoid liquidation of its 223k ETH worth nearly $264 million. However, the collateralized position faces liquidation risk, if the ETH price falls to $1016. The wallet has a total debt of $198 million in USDT and USDC, with an 85% liquidity threshold.　　The address uses USDT and USDC to repay the debt and withdraws ETH. Thereafter, Three Arrows Capital converts ETH to USDT or USDC through “sinofate.eth” and repays the

2022-06-15Ethereum

Ankr Becomes an RPC Provider to Ethereum L2 Scaling Solution Optimism - BitcoinEthereumNews.com

EthereumAnkr Naging RPC Provider sa Ethereum L2 Scaling Solution Optimism06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　San Francisco, United States, 15th June, 2022, Chainwire　　Ankr, one of the worlds fastest-growing Web3 infrastructure providers, is thrilled to anounce that it has become an RPC (Remote Procedure Call) provider to Pag-asa sa mabuting ibubunga, a blazing-fast and low-cost Layer-2 scaling solution for the Ethereum blockchain. Following this partnership, Ankr is now an RPC provider to 17 blockchains including Ethereum, BNB Chain, Solana, and Avalanche. An RPC enables various applications to interact with the blockchain.　　Naghahain ang Ankr Protocol ng average na anim na bilyong kahilingan sa blockchain bawat araw sa mahigit 50 network. Naghahatid ang Ankr ng imprastraktura ng RPC node na sinubok na sa oras at may mataas na pagganap upang mahawakan ang anumang pag-load ng kahilingan, na lubos na nagpapalawak sa mga pampublikong mapagkukunan ng RPC ng Optimism.　　Apps and integrations choose to build in the Optimism ecosystem because they feel aligned with our values and culture and appreciate the tooling and technical options available to them,“ said Matthew Slipper, Head of Engineering at OP Labs. ”In response to requests from our community, were excited to offer Ankr as an additional Optimism

2022-06-15Ethereum

Ankr Becomes an RPC Provider to Ethereum Layer Two Scaling Solution Optimism - BitcoinEthereumNews.com

EthereumAnkr Naging RPC Provider sa Ethereum Layer Two Scaling Solution Optimism06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　June 15, 2022 – San Francisco, CaliforniaAnkr, one of the worlds fastest-growing Web 3.0 infrastructure providers, is thrilled to anounce that it has become a remote procedure call (RPC) provider to Pag-asa sa mabuting ibubunga, a blazing-fast and low-cost layer two scaling solution for the Ethereum blockchain.　　Following this partnership, Ankr is now an RPC provider to 17 blockchains including Ethereum, BNB Chain, Solana and Avalanche. An RPC enables various applications to interact with the blockchain.　　Ankr Protocol serves an average of six billion blockchain requests per day across more than 50 networks. Ankr delivers time-tested and high-performance RPC node infrastructure to handle any request load, massively expanding Optimisms public RPC resources.　　Matthew Slipper, head of engineering at OP Labs, said,　　“Apps and integrations choose to build in the Optimism ecosystem because they feel aligned with our values and culture and appreciate the tooling and technical options available to them. In response to requests from our community, were excited to offer Ankr as an additional Optimism RPC provider.”　　Optimism uses optimistic rollups to bring scalability to Ethereum. By submitting the transaction data to Ethereum while performing transaction

2022-06-15Ethereum

Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak

CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Incs workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.　　While Armstrong cited over-hiring in the wake of the Nasdaq-listed American cryptocurrency trading platforms expansion in early 2021 as one of the reasons for the explosive growth, it noted that the reality of the economic outlook is not encouraging and the business has to survive in case the recession is drawn out for much longer. Armstrong said the decision to lay off the staff is to cut costs and drive increased efficiency across the board.　　“As we operate in this highly uncertain period in the world, we want to ensure we can successfully navigate a prolonged downturn,” Armstrong said in the note shared with all of the companys staff.　　“For the past few months, adding new employees has made us less efficient, not more. We have seen ourselves slow down considerably due to coordination headwinds, and difficulty fully integrating new team members. We believe the targeted resourcing changes we are making today will allow our organization to become more efficient.”　　Coinbase Woes is Encompassing　　Coinbase stock is currently trading at $51.86, down from

2022-06-15Malalim na Pagsisid

Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap » NullTX - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum Presyo ay Bumaba Mahigit 30% Ngayong Linggo, Nalampasan ng Terra Classic (LUNC) ang Terra 2.0 (LUNA) sa Market Cap » NullTX06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　Even with the Fed raising interest rates by unprecedented amounts, last week‘s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets. Since the Bitcoin and Ethereum prices continue to follow stock market actions, we’re seeing further losses as BTC price is down 4.76% while Ethereum is down 7.86% in the past 24 hours. Bitcoin is currently trading at $21.3k, struggling to hold support, while Ethereum is trading at $1.1k with a risk of dropping below $1k if the bear market continues.　　Bitcoin Price Hits a Bottom of $20k　　The $20k support level is a crucial range for Bitcoins price. The last time Bitcoin was below $20k was in December 2020. If BTC drops below $20k again, we could see amplified selloffs as traders and investors join the panic and offload their cryptocurrency.　　The rising inflation isnt helping as stock markets continue their dive. The S&P 500 is down over 8% in the past week, NASDAQ

2022-06-15Ethereum

Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites

Crypto exchange Crypto.com and lending platform BlockFi announced on Monday plans to cut over 400 jobs globally, as they come under pressure from difficult market conditions. 　　Crypto.com said that it would reduce its workforce by 5%, that is about 260 employees. CEO Kris Marszalek disclosed the announcement via Twitter social media: “Our approach is to stay focused on executing against our roadmap and optimizing for profitability as we do so ... That means making difficult and necessary decisions to ensure continued and sustainable growth for the long term by making targeted reductions of approximately 260, or 5%, of our corporate workforce.”　　Meanwhile, BlockFi also announced on Monday that it is laying off 20% of its workforce, which is around 170 people. Zac Prince, BlockFi CEO, said in a tweet Monday that the crypto lending firm is reducing its “headcount by roughly 20% and the reduction impacts every team at the company. This decision was driven by market conditions that have had a negative impact on our growth rate and a rigorous review of our strategic priorities.”　　Recession Fears　　Crypto.com and BlockFi have followed a series of various crypto firms faced with massive layoffs. Late last month, Bitso, one of the biggest crypto exchanges

2022-06-15Malalim na Pagsisid

Crypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch) - BitcoinEthereumNews.com

Bitcoin crypto EthereumCrypto Market Sheds $80B in Hours: BTC Struggles at $20K, ETH Amid $1K (Market Watch)06 / 15 / 2022Balita ng Ethereum ng Bitcoin　　The adverse price movements in the crypto markets just dont seem to stop as bitcoin took another leg down and is close to breaking below the $20,000 mark. Some altcoins are in even worse shapes, with TRX dumping 25%, while ETH could fall beneath $1,000.　　Will $20K Hold for Bitcoin？　　It was just last week when the primary cryptocurrency was aiming high and challenged $32,000 on a few occasions. However, it failed there and returned to a familiar ground of around $30,000.　　The US inflation numbers from Friday sent BTC south by a thousand dollars before the situation worsened during the weekend. In just a few days, the asset fell to $26,000, but even more pain followed.　　Bitcoin dropped by $3,000 on Monday to a multi-year low and, after a minor recovery session yesterday, tinusok to $21,000. The landscape today is bearish as well. BTC is currently under that level and is close to breaking below the 2017 ATH of $20,000.　　If this happens, it could trigger even more sell-offs in the market, at least ayon sa to Arthur Hayes.　　As of

2022-06-15Ethereum
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