Month: July 2022

Celsius Network’s Assets Could Be Locked for a Long Long Time Like Mt. Gox’s Crypto, Says Bitfinex Whale.

Summary: Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014. Celsius Network has filed for Chapter 11 bankruptcy. Bitfinex Bitcoin whale known as @Joe007 has warned that Celsius Network’s assets could be locked for a long time due to the company filing for bankruptcy. @Joe007 gave the example of Mt. Gox’s bankruptcy filing of 2014 that has only recently started to show signs of resolving with creditors requested by the exchange’s…

WARNING: STRONG LANGUAGE! Q&A (AFTER LIVE STREAM) – "THE CRYPTO BEAR MARKET WILL CONTINUE UNTIL…"

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Cred Protocol unveils its first decentralized credit scores

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Cred Protocol, a decentralized credit scoring startup has unveiled the results of its first automated credit scoring system for users of decentralized finance (DeFi). Cred Protocol CEO Julian Gay, outlined the results in a Twitter thread which showed how Cred successfully utilized past transaction behaviour on the Aave protocol to assess the creditworthiness of future borrowers based on on-chain behavior in the DeFi space. 1/ Over the last few months, we’ve been working to build one of the first credit scores for DeFi. Today, we’re excited to share the results…

DeFi market fell off cliff in Q2 but users haven’t given up hope: Report

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Despite the decentralized finance (DeFi) market suffering a 74.6% market cap decline in Q2, user activity has remained relatively resilient, says CoinGecko.  In a report published by the crypto data aggregator on Wednesday, CoinGecko reported that the overall DeFi market cap fell from $142 million to $36 million over the second quarter, due mainly to the collapse of Terra and its stablecoin TerraUSD Classic (USTC) in May. CoinGecko also noted a rise in DeFi exploits in the quarter contributed to the fall, including Inverse Finance and Rari, which suffered hacks…

Old Navy’s BAYC shirts, expensive whisky NFTs, Sandbox publishing

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A bottle of 52-year-old whisky made at Japan’s famous defunct Karuizawa distillery is being auctioned off as a nonfungible token (NFT). The starting price for the NFT and bottle of whisky is a dizzying $75,000, or about 62 Ether (ETH). Direct-to-Customer NFT wine and spirits marketplace BlockBar is handling the auction. To whisky collectors, the ultra-rare bottle of whisky from “The Last Masterpiece” cask made in 1970 is attractive, as there are now only 211 bottles of it left, according to a Tuesday report by Finbold. Now, an NFT collector can…

Indian blockchain firm 5ire secures $100M to fund sustainability-focused project

An ambitious sustainability-based blockchain project has secured $100 million in a Series A funding round to drive its development. Indian entrepreneurs Pratik Gauri and Prateek Dwivedi have spearheaded the foundation of a fifth-generation blockchain network known as 5ire, which looks to incentivize the implementation of United Nations’ sustainable development goals (SDGs) for users of its system. The project has now attracted a total of $121 million in investment. A seed round secured $21 million from notable tech investors, including Alphabit, Marshland Capital, Launchpool Labs and Moonrock Capital. A subsequent series…

Today's Crypto News | Very Important Cryptocurrency Day

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello Friends, aaj ke video me maine apko crypto market ke aaj ki latest news ke bare main bataunga. Buy Crypto Coins:- today’s crypto predictions bitcoin today’s predictions dogecoin today’s predictions shiba today’s predictions wink today’s predictions tron today’s predictions bittorrent coin today’s predictions bitcoin latest news dogecoin latest news shiba latest news wink latest news tron latest news bittorrent coin latest news VeChain latest news Matic coin latest news Cardano latest news VeChain price predictions Matic price predictions Cardano price predictions…

Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025 – Metaverse Bitcoin News

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The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse power. The plan of action defines each one of the technologies that the municipality needs to focus on to achieve the goals of building a $52 billion metaverse economy, while at the same time helping to establish 10 innovative companies in the area. Shanghai Establishes Metaverse Development Plan The metaverse is emerging as a technology that is attracting the interest of major countries and cities in the world.…

Avalanche Notches Solid Mid-Week Bounce

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The native token of Avalanche, AVAX, registered a strong upswing this week, suggesting that the altcoin is gaining a lot of traction at its current prices. As of this writing, AVAX is trading at $19.95, up 1.9% in the last seven days, data from Coingecko show, Friday. The token’s market value grew by more than 4 percent in the preceding 24 hours and by more than 11 percent on Tuesday, a swift comeback from its bearish performance over the weekend. Suggested Reading | CEL Token Price Plummets 50% As Celsius Goes…

Mining Crypto VS Hosting Crypto- Which one is better?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is it better to buy crypto mining equipment or pay for hosting? In this video I want to compare the benefits and drawbacks when looking at the decision to host or buy and operate your own bitcoin and crypto mining machines. Hosting is really easy and low maintenance while buying and operating your own miners can be a much more labor intensive operation. I am currently mining for bitcoin but I want to share with you why I decided to go down…