MLM Network Zone

A philanthropic effort led by the Built With Bitcoin Foundation and Bitcoin Magazine provided a ferry, school supplies and hope to an island in El Salvador. bit.ly/3f7o14k http://dlvr.it/SKpHJb

Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten Launches Non-Fungible Token Marketplace During the last few years, the Japanese online retail giant Rakuten has been dipping its feet into the world of cryptocurrencies and blockchain solutions. In the summer of 2019, Rakuten launched a cryptocurrency exchange and in the spring of 2021, Rakuten allowed customers to load crypto into Rakuten Pay accounts. Now the company is getting into the NFT game, as Rakuten announced the launch of a new platform called Rakuten NFT . “Rakuten NFT is a service that provides a marketplace for users to purchase NFTs, as well as peer-to-peer buying and selling of NFTs, in a range of areas such as sports and e...

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per transfer. While on-chain fees are cheaper, layer two (L2) transactions have followed suit dropping significantly during the last seven days. Ethereum Gas Fees Continue to Slide It’s a lot less expensive to transact with the Ethereum (ETH) network on February 27, as average size fees are down to 0.0039 ETH or $10.26 per transfer. The last time Ethereum network fees were this low was six months ago, back in late-August 2021. Currently, with average fees at $10.26 per transfer, it’s 80.26% cheaper than it was transferring ETH on January 10, 2022. At that time over a month ago, the average transaction fee was $52 per transaction. Ethereum fees have been sliding downward ever since tha...

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading the pack. TVL in Defi Jumps Back Above $200 Billion — Cypherium, Counterparty, Terra Rise Crypto markets have recovered after initially dropping after Russia invaded Ukraine three days ago and the rebound has pushed defi value up as well. After falling beneath the $200 billion mark, the total value locked (TVL) in defi has jumped back above the zone to $200.94 billion on February 27. The TVL in defi across all the top blockchains hit a low of $185.9 billion on January 28 and it’s up 10.61% since that day. Curve dominance is 8.68% on Sunday with $17.86 billion total value locked but the defi protocol’s TVL is down 5.61% since last week. ...

Gamers love digital collectibles, but they aren’t fawning over NFTs. What gives? And what does this mean for the future of gaming? from Cointelegraph.com News https://ift.tt/gbmwMqV via IFTTT

Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. billionaire and crypto influencer Elon Musk revealed on social media the activation of Starlink for Ukraine. The satellite internet constellation is operated by Spacex, the aerospace manufacturer and provider of space transportation services founded and managed by Musk. The entrepreneur also tweeted that the company is sending Ukrainians the necessary equipment. Starlink’s low-orbit satellites provide high-speed broadband internet across the globe but access to the network requires the installation of a special antenna and modem. Earlier on Saturday, Ukraine’s Minister of Digital Transformation Mykhailo Fedorov took to Twitter to address...

Crypto markets are expected to remain volatile for the foreseeable future, but BTC’s battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM. from Cointelegraph.com News https://ift.tt/tnKQVTx via IFTTT

The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 Exahash per Second to 169 EH/S in 12 Days From January 13 to February 15, Bitcoin’s hashrate was coasting along at record highs for roughly 33 consecutive days. This weekend, on Sunday, February 27, 2022, the hashrate has dropped 30% from the 249 EH/s ATH captured on February 15. At the time of writing, Bitcoin’s ( BTC ) network hashrate is around 168.14 EH/s or 168,144,793,932,750,200,000 hashes per second (H/s). Meanwhile, bitcoin’s price has been lower than usual but 30-day statistics show the price per BTC is up 4.4%. Although, bitcoin mining monthly revenue and 7DMA revenue mining stats are down according to onchain metrics. The dro...

Bitcoin’s usage is only growing, and so too will its usage in real estate transactions — so why not transact with it yourself? bit.ly/3f7o14k http://dlvr.it/SKm7wV

This guide on blockchain application development presents eight steps for developing apps that are to live on the blockchain. from Cointelegraph.com News https://ift.tt/dHyB9hL via IFTTT

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It is obvious that the world cares about injustice, but the incentives systems of money must align with justice in order for solutions to occur. bit.ly/3f7o14k http://dlvr.it/SKk3Ct

Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space. from Cointelegraph.com News https://ift.tt/1oUZH4P via IFTTT

PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company , The Motley Fool. Ascent rated KuCoin Exchange based on factors like fees, selection of coins, customer reviews, KYC rules, security features and wallet availability. Accolades from organizations such as the Ascent or Forbes—which named KuCoin Exchange one of the best cryptocurrency exchanges last year—reflect the platform’s significant growth volume and user base in recent years. The latest survey indicates that KuCoin Exchange received 10 million users by December 2021 from 207 countries. In 2021, KuCoin Exchange’s cumulative trading volume hovered around $1 trillion (Spot & Futures trading) while the average daily trading volume reached the $3 billion mark. KuCoin Exchange Review 2022 on vetted ranking sites like CoinMarketCap and Coinge...

LIDO price made a double-digit move after the liquid staking platform added support for KSM and partnered with Apricot Finance to form a lending marketplace for SOL. from Cointelegraph.com News https://ift.tt/PJecaSF via IFTTT

After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for a significant premium. Crypto in Ukraine Sees Premiums The ongoing conflict continues in Ukraine after Russian troops invaded the territory. The United Nations (UN) estimates that roughly 100,000 Ukrainian citizens have fled the country during the last 24 hours. Following the Russian invasion, two days ago, the National Bank of Ukraine (NBU) implemented a daily cash withdrawal cap of 100,000 hryvnias ($3,350). The NBU invoked the mandate on February 24, after Ukrainian president Volodymyr Zelensky imposed martial law. Immediately following the NBU’s limit mandate on cash withdrawals, the cryptocurrency exchange Kuna saw trade volume surge by $3.5 million on Thursday. Trade volume on Kuna jumped from...

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a dirtier process after the Chinese government effectively prohibited bitcoin extraction in the People’s Republic, according to research published in the Joule journal. The share of renewable energy used to power mining operations has fallen from almost 42% to around 25% last August, the study insists. It has been estimated that Bitcoin produces more than 65 megatons of carbon dioxide annually. The amount exceeds the total carbon emissions of a country like Greece, for example, which in 2019 registered less than 57 megatons of CO2. One of the authors, Alex de Vries, told the BBC: We see the ...

Amid bank freezes and ATM overruns, one Ukrainian escaped with his wealth in bitcoin and is now fighting Russia on his own terms. bit.ly/3f7o14k http://dlvr.it/SKjlMX

A society can only have true freedom in grasp when there exists an immutable uncontrolled money like Bitcoin. bit.ly/3f7o14k http://dlvr.it/SKgRRw

PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment firms with a strong presence in the local market. The aforementioned exchange was revealed as Coinone . Moreover, LABEL Foundation has repeatedly demonstrated high-level traction and continued progress with the release of its OPENTRACK content platform’s second iteration and the formation of partnerships with industry heavyweights. LABEL’s schedule to continue despite lingering regulatory surveillance Obtaining a listing on South Korean exchanges has become time-consuming and complex due to stringent limitations and high-level scrutiny from financial watchdogs. In the midst of such robust regulatory constraints, the local market appears to have slowed to a crawl. Since they failed to meet ...

The blockchain-based virtual world Decentraland has announced the launch of a Metaverse Fashion Week that is scheduled to take place on March 24 – 27, 2022. According to the announcement, a large number of well-known fashion brands such as Dolce & Gabbana, Selfridges, Tommy Hilfiger, Jacob & Co, and more will be participating in the four-day metaverse fashion event. Decentraland to Host 4-Day Fashion Event Featuring Renowned Designers and Luxury Fashion Houses At the end of March, the blockchain-based metaverse Decentraland will be hosting a fashion week with an “all-star roster of digital catwalks.” Decentraland disclosed on Thursday that the virtual world’s Metaverse Fashion Week will feature digital wearables, showcase virtual runway shows, and host afterparties. Decentraland’s Metaverse Fashion Week will feature many well-known names in the global fashion industry. According to Decentraland, the four-day fashion extravaganza will accent appearances by Vogue Arabia, Eli...

The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week. from Cointelegraph.com News https://ift.tt/pkziwbt via IFTTT

“It is crucial for me that the MiCA report is not misinterpreted as a de facto Bitcoin ban,” said Stefan Berger. from Cointelegraph.com News https://ift.tt/E9iasQL via IFTTT

Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. from Cointelegraph.com News https://ift.tt/fylN1ka via IFTTT

Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last Week’s Lackluster Market Action While cryptocurrency markets have faced extreme volatility during the last two weeks, NFT sales, in general, have felt the wrath of the storm. On February 16, Bitcoin.com News reported on sales sliding by 29.35% and nine days later, NFT sales are more than 7% lower than the week prior. Seven-day NFT statistics from this report stem from cryptoslam.io’s and dappradar.com’s recorded metrics. Over the last week, there’s been $546 million in NFT sales volume, which is down 7.71% from last week’s NFT sales. Metrics indicate that 307,508 NFT buyers transacted across 1,540,140 transactions. Ethereum captured a great majority of last wee...

Several prominent members of the crypto and blockchain community have chimed in on the latest developments in Ukraine. from Cointelegraph.com News https://ift.tt/tM4kSiR via IFTTT

Cash App said it generated $46 million of bitcoin gross profit during the fourth quarter of 2021, 14% year over year. bit.ly/3f7o14k http://dlvr.it/SKcM77

Bitcoin erased most of its losses earlier in the day as Biden announced the U.S. would limit Russia’s ability to trade in Western currencies. bit.ly/3f7o14k http://dlvr.it/SKc2F5

The last time USDT premiums spiked so suddenly on Kuna was during the initial stages of the COVID-19 pandemic in 2020. from Cointelegraph.com News https://ift.tt/IN3fh26 via IFTTT

Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry. from Cointelegraph.com News https://ift.tt/CV3EKAP via IFTTT

Anton Bukov, the co-founder of 1inch Network, explains how Ethereum can overcome its scalability issue and why it could soon become more valuable than BTC. from Cointelegraph.com News https://ift.tt/Ju5ZRoQ via IFTTT

The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military offensive. National Bank of Ukraine Restricts Hryvnia Withdrawals, Fixes Exchange Rates As citizens were lining up at ATMs and bank offices on Thursday, the National Bank of Ukraine (NBU) adopted a resolution limiting daily cash withdrawals in local currency to 100,000 hryvnia (approx. $3,350), except for wages and social payments. The regulator prohibited the release of cash funds from accounts in foreign currency as well. The decision came after in the early hours on Feb. 24, Russia launched a “special military operation” in Ukraine, as announced by President Putin. Explosions of rockets hitting targets across the country and reports of Russian tanks crossing the border sent many Ukrainians fleeing ...

Monthly volumes on OpenSea have declined in comparison with January’s record-breaking start, but select NFT collections are still seeing their floor prices soar. from Cointelegraph.com News https://ift.tt/pRUVkCB via IFTTT

The market could “easily reach new all-time highs by the end of the year,” says IoTeX co-founder Dr. Raullen Chai. from Cointelegraph.com News https://ift.tt/0eDFHCL via IFTTT

Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer an emergency, therefore the federal government will be ending the use of the Emergencies Act … We are confident that existing laws and bylaws are sufficient,” said the prime minister. Trudeau Ends Emergencies Act Canadian Prime Minister Justin Trudeau announced Wednesday that he is revoking the use of the Emergencies Act which his government invoked last week to deal with the Freedom Convoy trucker protest. While acknowledging that the “threat continues,” Prime Minister Trudeau said in a press conference: The situation is no longer an emergency, therefore the federal government will be ending the use of the Emergencies Act … We are confident that existing laws and bylaws are sufficient. “We were very ...

Well-intentioned actions need to be planned meticulously when concerning the security of Bitcoin at the scrutiny of the State. bit.ly/3f7o14k http://dlvr.it/SKXX6c

BTC and altcoins flashed a few bullish signals on Feb. 23, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin. from Cointelegraph.com News https://ift.tt/zW4eubG via IFTTT

Panelists from the product comparison platform Finder’s dogecoin price prediction report say that the popular meme-based cryptocurrency will reach $0.163 per unit in 2022. Finder’s recent poll concerning dogecoin’s forecasted price leverages 33 experts and by 2025, the panelists say dogecoin is expected to reach $0.316 per unit. Finder’s Dogecoin Prediction Report Shows a Lower Forecast Than the Panel’s Prediction in July 2021 The product comparison website finder.com published a new prediction report concerning the meme-based crypto-asset dogecoin (DOGE). The web portal has published a myriad of prediction reports in the past, covering crypto coins like cardano (ADA) , ethereum (ETH) , and bitcoin (BTC) . Moreover, back in July 2021, Finder’s expert panelists predicted dogecoin’s value would reach $0.39 per unit by year-end 2021. This month’s DOGE prediction is a lot different and significantly lower than the July forecast. In fact, by the end of 2022, the panelists predict that...

Blockchain content creators still need to improve distribution power in order to cement their role in the future of media. from Cointelegraph.com News https://ift.tt/aVGQqvm via IFTTT

AVAX, and LUNA were some of the biggest gainers in crypto markets on Wednesday, as the recent bearish sentiment has momentarily faded. As of writing, the global crypto market cap was 4.51% higher than at the same point yesterday. Terra (LUNA) AVAX is currently trading over 12% higher in today’s session, climbing to its highest level since Sunday in the process. Despite these double-digit gains, it was another cryptocurrency that took the title of being today’s biggest gainer. This was terra (LUNA), which is up by over 20% as of writing, and comes following a three-day winning streak for the world’s ninth-largest cryptocurrency. So far today, LUNA/USD has risen to an intraday high of $63.99, which is its highest point since January 25. The move came as LUNA broke beyond resistance at $60.99, a ceiling which had been held for the past month. Price strength also climbed, with the 14-day peaking at 57, which is a six-week high, however with the 58 level acting as resistance, bulls ...

While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices. from Cointelegraph.com News https://ift.tt/7TEHgGd via IFTTT

What steps can Bitcoiners take to best explain the technology in ways that are digestible and measurable by everyone? bit.ly/3f7o14k http://dlvr.it/SKT29W

Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.” from Cointelegraph.com News https://ift.tt/mI7RxTq via IFTTT

The LSEG specifically outlined Tora's exposure to digital assets as part of the reason for the acquisition. from Cointelegraph.com News https://ift.tt/V7A0fpY via IFTTT

An article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016. Shin’s and Chainalysis’s findings accuse the former Tenx CEO, Toby Hoenisch, of being behind the $60 million hack that saw the loss of 3.6 million ether, which is now worth close to $10 billion using today’s exchange rates. Uncovering the 2016 Genesis DAO Hack In the summer of 2016, there were two significant hacks that shocked the cryptocurrency community — The DAO hack and the Bitfinex breach. Following the recent apprehension of the couple who allegedly possessed the stolen Bitfinex BTC , journalist Laura Shin has published new findings on The DAO hacker and she claims to have identified the person behind the notorious hack. The DAO, also referred to as the Genesis DAO was a decentralized ...

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions. bit.ly/3f7o14k http://dlvr.it/SKSdR0