Day: February 6, 2022

What is a rug pull in crypto and 6 ways to spot it

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There are several clear signs that investors can watch out for to protect themselves from rug pulls such as the liquidity not being locked and no external audit having been conducted.  The following are six signs users should watch out for to protect their assets from crypto rug pulls. Unknown or anonymous developers Investors should consider the credibility of the people behind new crypto projects. Are the developers and promoters known in the crypto community? What is their track record? If the development team has been doxxed but isn’t well…

The Corporate Argument for Bitcoin

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Before buying all that bitcoin, it was already one of the largest independent, publicly traded companies in its industry. In 2020, its revenue was nearly $480 million and it had an enviable 8.29% EBITDA (earnings before interest, taxes, depreciation and amortization) margin in the trailing 12 months before its first BTC purchase. When discussing the company’s position during the “UpOnly” podcast, Saylor said, “It’s profitable, that’s what we are. We love it, we’ll keep doing it. But you can’t really scale it.” Original

Crypto Dip Incoming? Prices to Fall? Cryptocurrency Market Update | Token Metrics AMA

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Cryptocurrency #Crypto #MarketUpdate Crypto dip incoming? Prices to fall? Cryptocurrency market update. Sign up for Token Metrics at Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Be sure to subscribe and like the video to let us know you like the content! 📌 Podcast: 📌 Blog: 📌 Forum: Follow us on social media below: 📌 Telegram Alerts Channel: 📌 Telegram Discussion Group:…

Bitcoin rejected after attacking $42K as trader says BTC price impulse move not ‘done yet’

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Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin should flip $41,000 to support  Data from Cointelegraph Markets Pro and TradingView followed a mercifully non-volatile weekend for BTC/USD, which continued to test $42,000 resistance while retaining $40,000 as support. Friday’s unexpected gap upward initially resulted in misgivings over a price “fakeout,” but at the time of writing, no significant retracement had entered. “I do not believe this Bitcoin impulse is done,”…

Cryptocurrency Market Crash 2022 🔥 NO TENSION 💰 Crypto Loss Recovery Game Plan ! Bitcoin Price Alert

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Market Crash 2022 🔥 NO TENSION 💰 Crypto Loss Recover Game Plan ! Bitcoin Price Alert Hindi bitcoin and crypto market latest updates hindi – cryptocurrency Emergency alert and news #Bitcoin #Cryptocurrency #Altcoins Email Address: cryptonotes@outlook.com Crypto Notes telegram channel link Join us on Twitter ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

How Crypto Can Power the Future of Work for People of Color

But the law does allocate significant funding towards workforce development and skills training, and also earmarks $50 billion for the National Science Foundation to invest in research and development and the technologies of the future. Blockchain entrepreneurs and startups should also have access to this funding as they build and innovate to solve long standing inequities for America’s unbanked in El Paso, Texas; Detroit; Bronx, N.Y.; Oakland, Calif.; Columbus, Ohio; and other local municipalities, such as those in the Mississippi Delta and Appalachia. Source

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says – Bitcoin News

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Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic of Korea (DPRK) have continued to target financial institutions and crypto platforms such as exchanges, Reuters reported citing a confidential U.N. report. Its annual edition, produced by independent sanctions monitors and submitted to the Security…

Decentralized autonomous organizations: Tax considerations

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A decentralized autonomous organizations (DAO) is an organization that is managed by a computer program powered by blockchain and run by a group of individuals who collectively vote to decide on organizational proposals. Typically, each member’s voting power is determined by their percentage interest in the DAO, which is calculated by dividing the digital assets contributed by a member by the total amount of digital assets in the DAO.  A DAO generally (but not always) operates without the need for a board of directors or other governing body and can…

the Anti-Liquidation Protocol for Crypto-Backed Loans – Press release Bitcoin News

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press release PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the use of leverage, has resulted in the imposition of massive amounts of collateral on banks and other financial institutions. In the event of a dramatic market decline, mass liquidations will rise and harm the market unless a method is developed…

Bitcoin Mining ऐसे होती है | How Bitcoin Mining is done | FactStar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Shorts #YouTubeShorts I’m sure everyone has heard about Bitcoin and it’s skyrocketed price. but have you ever heard of Bitcoin mining? it’s not like coal mining. but it’s the digital form of mining. and this is how Bitcoins are made. but this digital mining of Bitcoin is made in cold places. So in this video, we are going to tell you about how Bitcoin mining is done and also why bitcoin mining done in cold places… #DailyShorts #WeeklyShorts #UniqueShorts #InterestingShorts #FactShorts #FactStarShorts…