Day: June 2, 2022

MemeBank to List On Pancakeswap on June 7th – Press release Bitcoin News

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press release PRESS RELEASE. There are more than 300 crypto-exchanges nowadays, almost all of them offer the same mediocre features that are identical to the leading exchanges such as Binance. MemeBank is not a lazy copy of the successors but an ambitious project that aims to drive revolutionary changes. According to its official announcement, MemeBank($MBK) will soon be listed at Pancakeswap on June 7th, 2022. The development team defines the project as a centralized exchange that solely focuses on the listing and trading of memecoins, tokens with high growth potential…

The fight between Musk and Jackson Palmer: Dogecoin’s Parents

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Tech guru and billionaire, Elon Musk is in a deadlock with Jackson Palmer, co-founder of Dogecoin (DOGE) over a tweet from Palmer that Musk could remove Twitter bots via a simple coding technique, and also implied Musk has no technical knowledge of coding. The argument between the two DOGE parents surfaced on social media two days after Musk agreed and announced to accept DOGE as a channel to pay for merchandise for his company SpaceX, a space exploration company. In an interview, Palmer expressed that his coding script can automatically…

Balancer launches on Ethereum L2 network Optimism

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Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem. Balancer Labs CEO Fernando Martinelli said his project’s Optimism deployment reflects…

CFTC Sues Gemini Over Bitcoin Futures Case From 2017

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In a 28 page civil suit, the swaps regular accused Gemini, which is owned by the Winklevoss, of providing misleading answers about how easily a bitcoin futures contract’s price could be manipulated during summertime meetings in 2017. It said Gemini’s “false or misleading statements and omissions” happened in in-person meetings. Original

Terra Whistleblower Publishes Alleged Chat Log Between Do Kwon and Network Validators – Bitcoin News

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Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra blockchain community. If the chat log is legitimate, Fatman claims the document proves over 50 people “knew about the [network] halt before it happened.” The “Terra Rebirth League” Discussion On June 1, 2022, a whistleblower called “Fatman” (@fatmanterra) published a chat log that allegedly shows a discussion about Terra’s blockchain halt before it happened. Bitcoin.com News has…

BLOCKCHAIN DEVELOPER Roadmap 2022 (in English+Hindi) | @Coding Ninjas

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These are the least ‘stable’ stablecoins not named TerraUSD

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The recent collapse of once the third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins’ stability in question Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets, so they behave as a vital component in the crypto market, providing traders an alternative to park their cash between placing bets on volatile coins. They include stablecoins that are supposedly 100% backed by cash or cash equivalents (bank deposits, Treasury bills, commercial paper, etc.), such…