Day: July 12, 2022

3AC co-founder returns to Twitter, blames liquidators for “baiting”

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Su Zhu, co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC), returned to Twitter after nearly a month of inactivity. In another cryptic tweet, he blamed liquidators for baiting them with respect to StarkWare tokens. The tweet with attached mail from legal counsel claimed that Starkware equity had a token warrant that expired on July 5 and that the liquidator didn’t exercise the warrant, resulting in the loss of Starkware tokens. Zhu blamed liquidators for not using the Starkware tokens and claimed they baited the firm to use…

BoE official compares current crypto market regulation to ‘unsafe aeroplanes’

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Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn. In a written speech at the British High Commissioner’s Residence in Singapore on Tuesday, Cunliffe said regulators needed to “get on with the job” of incorporating crypto and blockchain into existing frameworks. He cited certain events leading up to what some have called the next crypto winter, including the price of Bitcoin (BTC) losing “70% of its value since November,” the…

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Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart Chain Blockchain – Press release Bitcoin News

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press release PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day in passive income. What is Tothesmart? Tothesmart is a Play to earn mining Farm built on the Binance Smart Chain blockchain.An open smart contract with a unique mathematical model based on the successful mining model of bitcoin and other cryptocurrencies. The goal is to create a large international community and further develop the Tothesmart ecosystem in the cryptocurrency…

How to build a passive income stream from cloud mining?

Cloud mining is the process of mining cryptocurrency without the direct use of mining equipment or hardware. The process allows users to mine Bitcoin or altcoins without having to manage their own resources. Related: What is an altcoin? A beginner’s guide to cryptocurrencies beyond Bitcoin In traditional crypto mining, cryptocurrency is produced through a computational process. Miners need to solve complex mathematical problems using mining hardware to be rewarded with coins. The process of cloud mining is similar, but instead of using their own resources, miners rent or buy resources…