Month: January 2022

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Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin – Featured Bitcoin News

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Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,” Musk said. Elon Musk Criticizes How Twitter Uses Engineering Resources Tesla CEO Elon Musk criticized Twitter Friday regarding its new non-fungible token (NFT) profile picture service. “This is annoying,” Musk wrote. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block…

Decentralized and traditional finance tried to destroy each other but failed

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The year 2022 is here, and banks and the traditional banking system remain alive despite decades of threatening predictions made by crypto enthusiasts. The only endgame that happened— a new Ethereum 2.0 roadmap that Vitalik Buterin posted at the end of last year.  Even though with this roadmap the crypto industry would change for the better, 2021 showed us that crypto didn’t destroy or damage the central banks just like traditional banking didn’t kill crypto. Why? To be fair, the fight between the two was equivalently brutal on both sides.…

21 KAT KAZANIYORUZ AMA YETMEZ! KÜRESEL ŞOKLARA HAZIR OL ! BITCOIN VE ALTLARDA NEREYE GİDİYORUZ!

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How To Become a Highly Paid Blockchain Developer in 2022

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El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months – Featured Bitcoin News

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El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador Buys the Dip The president of El Salvador, Nayib Bukele, tweeted Friday that his country just bought 410 BTC for $15 million. Having paid about $36,585 per coin, Bukele wrote, “Some guys are selling really cheap.” In the same tweet,…

ACTU CRYPTO MONNAIES ET NFT 05/01: BITCOIN ET ETHEREUM EN BAISSE! LA FED EN CAUSE!

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Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce

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Solana (SOL) price may fall to $70 a token in the coming weeks as a head and shoulders setup emerged on the daily timeframe and possibly points toward a 45%+ decline. The chart below shows that SOL price rallied to nearly $217 in September 2021, dropped to a support level near $134 and then moved to establish a new record high of $260 in November 2021. Earlier this week, the price fell back to test the same $134-support level before breaking to a 2022 low at $87.73. SOL/USD weekly price chart…

What are flash loans in DeFi?

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Similar to traditional loans, flash loans are expected to be paid back in full eventually. However, there are also marked differences. In typical lending processes, a borrower loans money from a lender. The amount is expected to be paid back in full eventually, with interest, depending on the terms discussed between the lender and the borrower.  Flash loans operate on a similar framework but have some unique terms and premises: Use of smart contracts A smart contract is a tool used in most blockchains to ensure that funds do not…

While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M – Featured Bitcoin News

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Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first time since being idle for more than a decade. Block 93,276: The First 2010 Block Transferred in 2022 The first recorded 2010 block subsidy reward has been transferred on Friday, after close to two months of zero 2010 block reward spending.…