Day: August 11, 2022

Robinhood to face class action lawsuit from meme stock debacle: Report

boss

Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during a January 2021 rally. According to a Thursday report from Reuters, United States District Court Judge Cecilia Altonaga of the Southern District of Florida ruled that investors in GameStop, AMC and seven other unnamed stocks — which may include Nokia and BlackBerry — could proceed with a lawsuit alleging that Robinhood artificially increased the supply of stocks. In January 2021,…

Bitcoin Price Rises but Ether Outpaces as Merge Nears

boss

●Bitcoin (BTC): $24,164 +1.9% ●Ether (ETH): $1,896 +3.9% ●S&P 500 daily close: 4,207.27 −0.1% ●Gold: $1,804 per troy ounce +0.4% ●Ten-year Treasury yield daily close: 2.89% +0.1 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Original

The Ultimate Minecraft 1.19 Ancient Debris/Netherite Mining Guide

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Ultimate Minecraft 1.19 Ancient Debris/Netherite Mining Guide 🐤Twitter: 🔵Discord: 🟥Reddit: Learn How to Find Netherite and Ancient Debris in Minecraft 1.18! This Video Covers the Top 2 ways of Finding and Mining Ancient Debris and Netherite in Minecraft 1.18 These new and improved techniques for the Fastest way to Get Netherite in Minecraft 1.18 Bedrock and Java Edition are Great because once you can find ancient Debris or Mine Netherite you can learn how to upgrade armor and tools to Netherite…

“The Merge” To Be A Buy The Rumor Sell The News Event For Ethereum?

boss

Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher. At the time of writing, Ethereum’s (ETH) price trades at $1,888 with 3% profits in the last 24 hours and a 17% profit in the last week. ETH’s price with important gains on the 4-hour chart. Source: ETHUSDT Tradingview “The Merge” is…

WEF’s Great Reset Agenda Continues to Get Significant Pushback From Critics – Bitcoin News

boss

Amid the Covid-19 pandemic in 2020, the world’s bureaucrats, financial institutions, multinational corporations, and international organizations started promoting the Great Reset concept, an idea launched by the World Economic Forum (WEF) that claims to bolster a greener and fairer world. Since the Great Reset idea started seeing a lot more promotion that year and well after 2020, a great number of global citizens have spoken out against the subject. The controversial topic gained so much prominence that fact checkers were deployed to social media platforms last year in order to…

Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi

boss

Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market. The $30 million pool financed by institutional lenders will be utilized by trading firms that include Wintermute, Auros and Flow Traders, among others, Maven 11 announced this week. The new pool is designed “specifically for institutions looking for yield opportunities,” the company said. Maple, a decentralized finance credit platform, is filling a void left by the implosion of leading centralized finance (CeFi) companies such as Celsius.…

Hacks call for better defense mechanisms

boss

2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s $650 million Ronin Bridge hack accounting for a significant portion of stolen funds this year. The pillaging continued into the second half of 2022 as cross-chain platform Nomad saw $190 million drained from wallets. The Solana ecosystem was the next target, with hackers gaining access to private…

How DeFi Can Deliver Value for Artists and Musicians

The music industry is notorious for short-changing artists. In what has become an all-too-familiar story, a musician creates a song that shapes culture, only to have distributors and middlemen profit from their talent, leaving the original creator with few, if any, royalties. Taylor Swift, indie bands, rappers from the East Coast to the West: It seems as though every artist is destined to fall into the same trap from the same vested interest groups. While streaming services were intended to democratize the industry, allowing talent to explode without gatekeepers, artists…

Is it foolish to expect a massive Ethereum price surge pre- and post-Merge?

boss

Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly skeptical. Ether 1-day price index, USD. Source: TradingView It’s important to remember that the leading cryptocurrency, Bitcoin (BTC), gained 28% in the same period. Thus, there should be no doubt that the Ether bull run…