Day: September 19, 2022

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge – Mining Bitcoin News

boss

Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts. Cryptocurrency Miners Hit by The Merge, Vietnam Report Reveals Vietnam’s crypto miners have suffered heavy losses with their mining rigs now shut off after the second-largest cryptocurrency by market capitalization switched to a more energy-efficient framework, VN Express noted in a report. This week, Ethereum (ETH) changed its protocol from…

As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

boss

Bitcoin, the biggest cryptocurrency by market value, slipped to $18,300, the lowest since June 19, according to CoinDesk data. Meanwhile, ether, the native token of Ethereum’s blockchain, which recently underwent a long-awaited and supposedly-bullish technological change called the Merge, slipped to a two-month low of $1,580. The total market capitalization fell to $858 billion, the lowest since mid-July. Original

Bitcoin (BTC) Price Needs To Hold $18,000 At All Means, Why So?

Bitcoin (BTC) price has had turbulent times against tether (USDT) as more pain increases for bulls. Despite showing so much strength, the price of Bitcoin (BTC) bounced off from $19,000 in the past weeks to a region of $25,000 as many hoped for more relief to rally to a region of $30,000. The price of BTC faced rejection and has continued to fall with no sign of bears giving up. (Data from Binance) Bitcoin (BTC) Price Analysis On The Weekly Chart  Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.com…

DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token

However, the loophole is that GMX offers trading to users at zero slippage, or the difference between the expected price of a trade and the price at which the trade is executed. But all pricing data on GMX is derived from centralized exchanges, such as Binance or FTX, meaning a trader could buy a large number of tokens, such as AVAX in this case, on zero slippage, rapidly drive up prices on centralized exchanges by placing buy orders on those venues and selling the initial position on GMX at higher…

Australian Senator Proposes Crypto Bill Targeting China’s Digital Yuan

Bragg’s draft “Digital Assets (Market Regulation) Bill 2022” identifies seven Chinese banks, including the Agricultural Bank of China and the Bank of China, that have branches in Australia and can potentially facilitate the use of a digital yuan in the country. The bill establishes disclosure requirements for those designated banks including reporting the number of Australian businesses that have accepted payments using digital yuan facilitated by the bank, and the total amount of digital yuan held in digital wallets by Australian customers of the designated banks. Individuals or entities that…

British regulator lists FTX crypto exchange as ‘unauthorized’ firm

boss

The Financial Conduct Authority (FCA), the chief financial regulator in the United Kingdom, issued a warning to Bahama-based crypto exchange FTX, claiming it operates without authorization. The company joined a growing list of unregistered cryptocurrency-related businesses that continue to outweigh those signed up with the FCA.  A warning note, dated Sept. 16, claims that the firm “may be providing financial services or products in the UK without authorization.” Addressing the potential customers, the FCA notes that they won’t be able to get their money back or seek the protection of…

🔴LIVE~ BITCOIN SCADE DIN CAUZA MT.GOX? | ZIUA 290 DE BEAR MARKET | JEROME A DAT SEMNAL NEGATIV

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io LIVE: SEARA DE CRYPTO S5. EP.57 #fomc #Jerome #inflation #interstrate #doge #elon #investitii #bani #ETH #BTC #XRP #metaverse #Biden #cryptoro Superchat minim pentru analize pe grafic 25 lei/5$/5E etc ————————————————————————————————————– ✅Poti invata despre trading/investitii pe patreon: ✅Daca folosesti acest link BINANCE primesti o reducere de 10% din fee- ✅Link pentru a deschide cont pe Bybyt pana la 4000$ bonus ✅Portofel rece recomandat Trezor: ✅Cumpara portofel rece Ledger: ✅25$ bonus la Crypto.com to sign up for Crypto.com and we both get $25 USD…

ETHW confirms contract vulnerability exploit, dismisses replay attack claims

boss

Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend. Smart contract auditing firm BlockSec flagged what it described as a replay attack that took place on Sept. 16, in which attackers harvested ETHW tokens by replaying the call data of Ethereum’s proof-of-stake (PoS) chain on the forked Ethereum PoW chain. According to BlockSec, the root cause of the exploit was due to the fact that the Omni cross-chain bridge on the ETHW chain used old chainID and…

Crypto market bloodbath leads to $432M in liquidation

boss

The crypto market turmoil entered the third week of September as most of the cryptocurrencies started the week on a bearish note. The total crypto market cap dipped below $1 trillion again, with several cryptocurrencies recording a double-digit downfall over the past 24 hours. The ongoing bearish turmoil has led to nearly half a billion in liquidations for the leverage crypto traders over the past 24 hours. Data from Coinglass highlight that 130,087 traders were liquidated with a total liquidations value of $431.51 million. Bitcoin (BTC) leverage traders lost $44.5…

Working Group to Develop Efficiency Standard for Crypto Mining in Russia – Mining Bitcoin News

boss

Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining Facilities in 2023 A group of crypto specialists have teamed up to elaborate a standard that should improve the overall efficiency of mining and in particular the use of energy to mint digital currencies. The set of rules and procedures will be designed to increase the time…