Month: September 2022

MEV Crypto Bot Gains $1M But Loses Same To Hack Same Day

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Hacks and exploits are increasingly taking more root in the crypto space. With the acceptance of digital assets globally, crimes also grow. The criminals use more technological approaches to aid their exploitation and hacks on protocols and platforms. A slight and negligible loophole is enough to result in these exploits. MEV bot, an Ethereum arbitrage trading bot, amassed a whopping $1 million as a jackpot prize. However, the joy of its gains was short-lived as events turned out negatively for it some hours later. Before adequately reflecting on the tremendous…

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ApeCoin Performance Could Attract The Whales – How About The Bulls?

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ApeCoin has recently made it to the top 10 in terms of trading volume from over 100 of the largest ETH whales as seen in the past 24 hours. APE made it to the top 10 in terms of trading volume ApeCoin’s MRV has been seeing sustained growth APE price up by 1.46% The Bored Ape Yacht Club isn’t running out of cards to play with the integration of a new staking rewards program that caught the attention of many ETH whales. The developments surrounding the BAYC token could be…

Polygon está acercando las criptomonedas a los consumidores, según la firma Bernstein

Dado el contexto, “los ecosistemas de apoyo, como Polygon, continuarán invirtiendo en tecnologías rollup como los rollups de conocimiento cero, pero es probable que su triunfo esté más determinado por los esfuerzos de desarrollo organizativo y empresarial”, aseguró Bernstein, y agregó que “son ecosistemas más orientados a los negocios y centrados en la construcción de accesos para los consumidores aprovechando las asociaciones con las principales marcas de consumo”. Source

What are AI and Web3 Valuation, Tokenization, and Monetization as a Service (VTMaaS)?

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Valuing and monetizing tokenized assets requires tremendous skill and expertise. Thus, rendering asset management as a tool to raise growth capital and liquidity inaccessible to many. The global tokenization market sized at $1.92 billion in 2021 is expected to grow to $2.32 billion in 2022 at a compound annual growth rate (CAGR) of 21.09%. Tokenization increases liquidity, lowers costs, and enhances risk management. AI and web3 valuation, tokenization, and monetization can all sound like overhyped buzzwords. But when put together and packaged neatly into a service, they help organizations of…

Bitcoin Price Climbs Upward With Trading Volume At A 3-Month High

Just in the past 24 hours, the crypto market was practically in green, with several assets reclaiming some values, including Bitcoin. But the trend has suddenly reversed to a negative direction. As a result, the majority of the crypto assets in the market have declined drastically. Bitcoin has crashed from its height of over $20,000 in today’s trading hours. The token lacked the necessary support to remain at its higher level. After crossing the $20K boundary, BTC later fell to around $18,770 in the early trading hours of today. This…

Crypto startup to save iconic fiat money sculpture with 1M euros in funding

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The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will provide 1 million euros, or about $961,000, in funding over the next five years to rescue the famous sculpture depicting the symbol for the Euro. Announcing the news on Tuesday, Caiz said that the firm saw a good marketing opportunity in supporting the sculpture by obtaining unique exposure. Through the funding, the firm was able to put its product…

Ooki DAO members explore options in response to CFTC lawsuit

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Members of the decentralized autonomous organization (DAO) called Ooki DAO have started looking into an appropriate response to the charges filed by the United States Commodities Futures Trading Commission (CFTC). On Sept. 22, the CFTC announced a $250,000 penalty and settlement with bZeroX, the creators of the decentralized lending platform bZx protocol which suffered from code exploits in 2020 that led to hundreds of thousands in losses. In addition to this, the CFTC also filed a lawsuit against Ooki DAO over similar alleged violations of digital asset trading laws. In…

Bitcoin Mining In A Bear Market | JP Baric

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io JP Baric explains what is happening to the Bitcoin Mining sector during this Bitcoin bear market. Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! Use promocode: BMLIVE for 10% off everything in our store! #bitcoin #bitcoinmagazine #money #btc #crypto #cryptocurrencies #cryptocurrency #cryptonews #finance #buybitcoin #shouldibuybitcoin #mining #bitcoinmining ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version