Day: February 8, 2022

Moonbeam Emerges As The Gateway To The Promised “Multichain” Future Of Blockchain Technology

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For years, developers have been trying to determine the best alternative for Ethereum’s increasing network congestion and gas costs. Even though layer-2 scaling solutions involving zkSNARKS and Optimistic Rollups have been introduced to alleviate these challenges, most of these answers aim to improve Ethereum’s scalability. On the other hand, Moonbeam leverages the interoperability and scalability of Polkadot to offer developers an environment that is fully compatible with Ethereum and its corresponding development tools. The Moonbeam Network serves as a highly-specialized layer-1 blockchain. Accordingly, it isn’t here to compete with Ethereum…

Wonderland’s treasury saga exposes the fragility of DAO projects today

The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing controversy.  On Jan. 27, DeFi analyst zachxbt revealed that one of the anonymous co-founders of Wonderland happened to be QuadrigaCX co-founder Michael Patryn, who has been operating under the name of Sifu. QuadrigaCX is a defunct crypto exchange from Canada which closed when Gerald Cotten, the exchange founder and sole person with knowledge of the exchange’s wallet keys, passed away. Following his death, $169 million worth of…

Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin – Bitcoin News

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During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down the Freedom Convoy’s fundraiser, crypto advocates have raised 12.41 bitcoin worth $542K in order to help the truckers continue the protest. Canadian Prime Minister Justin Trudeau Insists Trucker’s Protest ‘Has to Stop,’ Florida Governor to Investigate Gofundme’s Actions The Freedom Convoy 2022 is still ongoing as…

#Bitcoin Analiz – Cok Detayli Piyasa Analizi! Bizi Neler Bekliyor? Btc Teknik Analiz Forex

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin analiz – Bitcoin teknik analiz – altcoin analiz – btc – nedir – al sat – yukselecek mi? dusecek mi? kazanma – alinir mi – nasil alinir – alma – fiyati – yorumu – yorum son durum nedir? simdi ne olacak? btc yorum destek ve direncler neler? btc ayi sezonu basladi mi? boga sezonu devam mi ediyor? kripto para – crypto currenty technical analysis forex 19.01.2022 Bu videolarimi mutlaka izleyin! (egitici videolar) Twitterdan takip etmeyi unutmayin Ufakta olsa bana destek olmak…

Bitcoin begins correction after $45K rejection — Where can BTC price bounce next?

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Bitcoin (BTC) gave back $2,500 of its newly-won gains during Feb. 8 as a long-awaited correction took center stage.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes $42,000 will be preserved Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared $43,000 after previously hitting new multi-week highs of $45,500. At the Wall Street open, ranging continued as bulls eyed levels for potential support in the event of further losses. Previously, these had included both $40,000 and $41,000, along with several zones in the upper $30,000–$40,000 corridor. For popular…

BTC, ETH Consolidate After Monday’s Surge – Market Updates Bitcoin News

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Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look to have closed some of their positions. BTC/USD rose to an intraday high of $45,293.87 during Monday’s session, however it’s tracking close to $43,354.61 today. Yesterday’s move, which now looks like a false break, moved beyond its recent resistance of $43,770, en route to its highest point since January…

OpenSea once again delists CryptoPunks v1 as legal battle heats up

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Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into existence along with the iconic CryptoPunks v2 collection due to a smart contract bug. This was allegedly due to a Digital Millennium Copyright Act takedown notice issued by CryptoPunks v2 developers Larva Labs to OpenSea. As the company is also the creator of the CryptoPunks v1 collection, this move has struck some as strange. LL has forced @opensea to remove V1 Punks collection because of a DMCA takedown. We are responding via a counter-notice…

LIVE BLOG: The House Talks Stablecoins

12:09 p.m. (HB) Rep. Tom Emmer (R-Minn.) pointed out that while stablecoins represent just 5% of the digital asset industry’s total value, they account for more than 75% of crypto trading, which is why they can’t be ignored. He also criticized the President’s Working Group report, noting that while it doesn’t even provide a definition of stablecoins, it didn’t hesitate to assert that their risks are broad and cross numerous jurisdictional lines. A bank-like regulatory framework, said Emmer, would be improper for stablecoins and inadvertently engulf potential future financial products…