MLM Network Zone

Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million. from Cointelegraph.com News https://ift.tt/3sRac37 via IFTTT

Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has purchased 1,914 more BTC . With the latest purchase, the company now holds 124,391 bitcoins. Microstrategy CEO Michael Saylor announced Thursday via Twitter: Microstrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per bitcoin. “As of 12/29/21 we hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin,” he detailed. The price of BTC fell slightly Thursday. At the time of writing, it is hovering at about $47,398 after losing 1.4% over the last 24 hours. At the current price, Microstrateg

Hester Peirce also said she doesn’t understand why a bitcoin spot ETF hasn’t yet been approved, adding the reasoning to deny is outdated. bit.ly/3f7o14k http://dlvr.it/SGHVPh

Although crypto prices didn't live up to their lofty expectations in 2021, the outlook on the blockchain economy is as strong as ever. from Cointelegraph.com News https://ift.tt/3mGp14j via IFTTT

BTC price retests the recent lows at $46,000 as institutions appear to be “selling for tax reasons” while $52,000 remains a major hurdle in the path higher. from Cointelegraph.com News https://ift.tt/3eEaf9W via IFTTT

This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than $2 Billion Away From Reaching $80 Billion On December 30, 2021, there’s roughly 78.2 billion tether ( USDT ) in circulation, according to coingecko.com’s top stablecoin by market capitalization statistics . According to Tether Limited’s transparency report published to the tether.to web portal, there’s $78.5 billion assets under management. Metrics indicate that tether represents 3.35% of the $2.33 trillion crypto economy today and 46% of the $168.3 billion stablecoin economy. Tether has seen massive growth during its lifetime. For instance, on September 13, 2015, tether’s market capitalization was $451,600 and the jump to $78.2 billion is a whopping 17,327,227% increase in just over six years. The

Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. from Cointelegraph.com News https://ift.tt/3HltCB5 via IFTTT

Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star. from Cointelegraph.com News https://ift.tt/32OZtLf via IFTTT

The software intelligence firm headed by Bitcoin bull Michael Saylor bought bitcoin once again in a $94 million investment. bit.ly/3f7o14k http://dlvr.it/SGH75F

A recent visit to El Salvador shows that heavy-handed government efforts are clashing with Bitcoin’s self-sovereign and community-focused ethos. bit.ly/3f7o14k http://dlvr.it/SGDtNb

A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas DAO is airdropping tokens to any wallet that’s paid more than $1,559 in ether gas fees before December 26. Gas DAO Airdrops Tokens to Users That Spent $1,559 in Ether Fees Before the Snapshot A lot of projects this year have created airdrops as a way to create a governance system, and people who have used these protocols at least once are usually rewarded with these airdropped governance tokens. In recent times, Bitcoin.com News reported on Shapeshift dissolving into a DAO, and the project airdropped FOX tokens to Shapeshift users. During the first week of November, our newsdesk also covered the Ethereum Name Service (ENS) airdrop when

Despite the traditional stock market view on 200-day moving averages, a dip below it could mean a sale event for Bitcoin. bit.ly/3f7o14k http://dlvr.it/SGDbdp

Convex Finance saw its token price and total value locked hit all-time highs following several prominent exchange listings and the addition of support for new assets. from Cointelegraph.com News https://ift.tt/3FEFjT3 via IFTTT

At the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. Gamestop’s NFT web portal has recently been updated and is requesting creators to sign up for the platform. Gamestop NFT Website Hints at Upcoming Marketplace Launch Gamestop (Nasdaq: GME ) has had an interesting year, to say the least. It all started at the start of the year in January, when the Reddit forum r/wallstreetbets sparked a Gamestop shares trading war with Wall Street hedge funds. At the time, Goldman Sachs executive David Kostin said “if the short squeeze continues, the entire market could crash.” After the Wallstreetbets fiasco fizzled out of the limelight, Gamestop has managed to remain relevant after facing bankruptcy, and shares traded for $19.26 per unit on December 30, 2020. Today, those same GME shares are swapping for $146.46 per unit, up 655.73

The former SC Gov. candidate’s miner now boasts nearly 1% of the entire Bitcoin network hash rate. bit.ly/3f7o14k http://dlvr.it/SGDDFB

ROSE price is on the rise thanks to a $160 million ecosystem fund that helped facilitate the launch of the first DeFi and NFT projects on Oasis Network. from Cointelegraph.com News https://ift.tt/3qALqBf via IFTTT

Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell offs, but that the selling is likely done for now. from Cointelegraph.com News https://ift.tt/3qPF29J via IFTTT

The Bitcoin podcaster and influencer said: “we shouldn’t apologize for Bitcoin’s energy usage, crucial things in the world use energy.” from Cointelegraph.com News https://ift.tt/3JpEijX via IFTTT

While detractors often cite Bitcoin’s energy consumption as a negative, this doesn’t automatically imply environmental impact. bit.ly/3f7o14k http://dlvr.it/SG9dNJ

Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry. from Cointelegraph.com News https://ift.tt/3sGuo7G via IFTTT

PRESS RELEASE. The Novatar will be launching with a limited edition of 25K avatars, an NFT project to enable users to experience the fascinating new world of virtual reality and claim a brand new self. To resemble how humans came into this world in the form of a baby, all 25K Novatars are newborns. Similarly, all are distinctive with distinctive features, expressions, race, and skin color. As the babies grow, so will do the Novatars, this will happen after minting. Progressing with their genes and appearance, the user can choose the date to transform them into an adult. All of the 9 genes of Baby Novatar are basic. Out of the 14 genes of an adult Novatar, 10 genes are fundamental while the rest are optional. For infant avatars, each gene has 6 variations, while for adults, each gene has 11 variations (except for the genes responsible for skin, hair, eyes, and eyebrows colors). The Novatar users have multiple usability options available: With such diversity, a user can surely

A double top formation preceded Bitcoin's plunge below $48,000 on Dec. 28 with some analysts suggesting it could dip to $44,000 before resuming its uptrend. from Cointelegraph.com News https://ift.tt/3EBECIP via IFTTT

The Italian luxury sports car manufacturer headquartered in Maranello, Italy, Ferrari has announced the firm is partnering with Velas Network AG, a firm that specializes in blockchain and non-fungible token (NFT) technology. Ferrari Reveals Partnership With Blockchain Firm Velas On December 27, Ferrari the well known luxury sports car maker founded in 1939 by Enzo Ferrari revealed the firm is stepping into the world of creating “exclusive digital content.” The racing division Scuderia Ferrari announced that the Italian car manufacturer has partnered with Velas Network AG in a multi-year agreement. The company says Velas will help bolster digital content for Scuderia fans and the announcement explains Velas will also be a title sponsor for the Ferrari Esports Series. Velas network’s web portal notes that Velas is a Solana (SOL) fork with built-in EVM integration and the network launched in 2019. “We have the fastest EVN chain to compete with Ethereum 2.0,” the website claims. The

In a live YouTube session, Hoskinson delivered a 30-minute briefing on the need for collaboration and friendliness within the DeFi industry. from Cointelegraph.com News https://ift.tt/314EbZF via IFTTT

Raise money and run a half marathon between January 1-10 to win prizes and honor the memory of early Bitcoin supporter Hal Finney. bit.ly/3f7o14k http://dlvr.it/SG9GP5

XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely profitable, and easy to use. The best feature of XTRA is its decentralized GUARANTEE FUND that secures up to 90% of your token purchase price. The first listing of XTRA took place on the Kanga exchange on the 9th of December. A few days later, 15th of December, XTRA was listed on PancakeSwap. The XTRA project is still very young, but the XTRA’s team is working hard to develop it in the best possible way. Because of that reason, their public sale lasted only 8 minutes! The project received $1.05M, and the total investment of all rounds was $4.25M. How does it work? Connect wallet: head over to the XTRA platform and connect your wallet (e.g., Metamask) Buy XTRA tokens: head over on PancakeSwap and fill your crypto wallet with an XTRA token Stake it: and that is all. The user does not have to do something else Extract profit: collect your money and

Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Friday in a video he posted on Twitter to wish his followers happy holidays. Salinas is the founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores. According to Forbes’ list of billionaires, his net worth is currently $13 billion. One of the three pieces of advice he gave concerns bitcoin and central banks. The billionaire said: Stay away from fiat money. The dollar, the euro, the yen, or the peso — they are all the same story. It’s fake money made of paper and lies. The central bank

Jesse Powell said the exchange will expand into a marketplace for nonfungible tokens and NFT-backed loans beginning in 2022. from Cointelegraph.com News https://ift.tt/3sB1wxB via IFTTT

Ertha Metaverse , currently the most notable Metaverse and Play-to-Earn projects in BSC blockchain gaming, announced its list of key investors. They include the world-renowned: LD Capital Polygon Syndicate OKEx Blockdream Ventures Shima Capital GD10 Genblock Capital Dialectic Momentum 6 X21 Terranova AU21 Zen Capital & Many others. All have been instrumental to the continued success of the project. Xi – Partner of LD Capital, the leading investors of Ertha provided insights about the project: “We have no hesitation to invest in Ertha after first call with Ertha team. They have proven track record in both gaming and crypto industries. Coronavirus pandemic has forced governments to take various lockdown measures which placed a huge pressure on economies and businesses. At this challenging time, we believe Ertha is going to gain more adoption from traditional game players and start a new era of Play to Earn.” To date Ertha raised $5.4 million and recently launche

Keyfest 2022 will feature conversations and workshops about the future of Bitcoin private keys, privacy, and sovereignty. bit.ly/3f7o14k http://dlvr.it/SG6jRF

Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed those 12 month gains by a long shot, as a few crypto assets have increased a great deal against the U.S. dollar and other fiat currencies. 2021’s Top 10 Crypto Gainers At the time of writing, the crypto economy is worth $2.5 trillion in value as a great number of tokens swelled in fiat value this year. Many of the leading crypto assets saw decent gains, but a number of tokens have eclipsed the 12-month gains captured by leading digital assets like bitcoin and ethereum. The following is a look at the top ten crypto asset gains during the course of the last 12 months. Gala (GALA) — +212,036% — Market Cap Dominance: 0.16% According to statistics, the blockchain gaming platform token gala (GA

The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these pensioners to access fiat currency, as the reach of the currency as a means of exchange is still limited according to local reports. Venezuelan Pensioners To Get 2 Petros This Christmas A group of Venezuelan pensioners stemming from the PDVSA, the state-owned oil company, will receive a bonus paid in petro (PTR), Venezuela’s national cryptocurrency launched back in 2018. The pensioners will receive this bonus as a Christmas gift via the Motherland platform, where they will be able to manage the two Petro (worth approximately $120) that started being deposited on December 23. The pensioners destined to get this bonus will receive an alert via the platform so they can move their two PTR out of it.

As new cryptocurrency storage offerings emerge, users must carefully weigh several factors before making their choice. from Cointelegraph.com News https://ift.tt/3z1JIgd via IFTTT

If the Bahrain application is approved, it will be Binance's first regulatory approval in the Middle East and North Africa region. from Cointelegraph.com News https://ift.tt/3mBDy1o via IFTTT

Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of the Exchequer Warns About Investing in Cryptocurrency Former British Chancellor Lord Philip Hammond has reportedly urged investors to be “extremely cautious” about investing in cryptocurrencies, including bitcoin and ether. Lord Hammond was a U.K. cabinet minister who served as the chancellor of the exchequer from 2016 to 2019, foreign secretary from 2014 to 2016, and defense secretary from 2011 to 2014. He joined the House of Lords in July last year. Commenting on whether one should invest in cryptocurrencies like bitcoin, he told The Mail on Sunday: “If a member of my family was asking me, I think what I’d do is draw the

For better or for worse, Bitcoin came front and center to public attention this year. bit.ly/3f7o14k http://dlvr.it/SG49xn

Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a Torrent Website Cybersecurity firm Reasonlabs warned Thursday that cryptocurrency malware has been found in a torrent download of the new Marvel hit movie “Spider-Man: No Way Home.” Reasonlabs, which provides enterprise-grade cyber protection for users worldwide, noted that “To lure in as many victims as possible, attackers must stay up to date with trending topics.” The cybersecurity firm elaborated: In this case, we are facing someone who has placed a monero miner in a torrent download of what seems to be the new movie Spider-Man: No Way Home. Sony/Marvel’s Spider-Man: No Way Home has hit the $1 billion mark at the box off

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across the country to increase with low temperatures in the coming months, the Iranian government is now taking steps to limit consumption and avoid an electricity deficit. Just like earlier this year, the measures will affect the country’s growing crypto mining industry. Tavanir , the Iran Power Generation, Distribution and Transmission Company, has recently instructed authorized cryptocurrency mining centers to unplug their power-hungry hardware, the English-language business daily Financial Tribune reported. Iran’s Ministry of Energy has been trying to reduce the use of liquid fuels in power plants since last month, Tavanir’s spokes

The year was not without its ups and downs through major events and incredible speed of adoption. bit.ly/3f7o14k http://dlvr.it/SG3ygQ

Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New Measures Seek to Protect Internet Users As part of UAE’s new online security laws which go into effect on January 2, 2022, promoters of online cryptocurrency scams now face a possible five-year jail term and a maximum fine of over $270,000. According to a report from The National News, the new measures are a part of sweeping legal reforms introduced by the country’s president, Sheikh Khalifa, in November. The UAE says the laws are intended to protect internet users from electronic fraud and to preserve personal privacy and rights. While UAE already had laws banning the promotion of cryptocurrencies, according to Hassan Elhais of Al Rowaad Advocates, these laws

At least seven NFL pro athletes are now turning to crypto to help bolster their bottom line and ensure they have enough wealth after their pro careers come to an end. from Cointelegraph.com News https://ift.tt/32AyL9p via IFTTT

Bitcoin saw many highlights in 2021, its greatest year on record. bit.ly/3f7o14k http://dlvr.it/SG3jBP

What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? from Cointelegraph.com News https://ift.tt/3JgLwGX via IFTTT

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Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment platform, recently began receiving payouts from a so-called white knight investor, a report has said. According to an Itweb report , which named Pennython Project Management LLC as the previously unnamed party, Africrypt investors began receiving the payouts after a majority opted to accept the tabled offer. As previously reported by Bitcoin.com News, Pennython Project Management had proposed to pay an equivalent of 65% of each dollar invested. Although some investors were reportedly not happy with the offer, Ruann Kruger, an attorney representing Africrypt provisional liquidators, i

Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready’ Turkish President Recep Tayyip Erdoğan said at a meeting with journalists Friday that the country’s cryptocurrency law is ready, ABC Gazetesi reported. While providing information on crypto legislation, Erdogan said: The law is ready, we will send it to the parliament soon without delay. Following Erdoğan’s announcement, the state-owned Anadolu news agency reported on Saturday that the Turkish Financial Crimes Investigation Board (MASAK) has fined Binance’s Turkish exchange (BN Teknoloji) 8 million lira ($751,314) over violations found during liability inspections. Without providing further details

A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for! from Cointelegraph.com News https://ift.tt/3qo9Dee via IFTTT

Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 to $23 per Transaction, Ethereum Fees Have Been Cut by More Than 62% Just over a month ago, it was a lot more expensive to transfer ethereum ( ETH ) onchain, let alone move an ERC20 token, swap tokens, or interact with a smart contract. On December 25, metrics show the average fee spent on the Ethereum network is $22.80 or 0.0056 ether per transaction. The day prior it was $23.34 per transaction, which is 62.85% lower than the fees recorded on November 9. A 62% savings per data transfer cost is considerable and the median ether fee is even cheaper. Statistics from bitinfocharts.com indicate that on November 9, the median ether fee was $34.28 per transaction and today, the fee is 0.0032 ET