Day: December 28, 2022

Bitcoin underperforms stocks, gold for the first time since 2018

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Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular. Worst year for Bitcoin since 2018 Bitcoin’s price looks prepared to close 2022 down nearly 70% — its worst year since the crypto crash of 2018. Bitcoin monthly returns. Source: Coinglass BTC’s depressive performance can be explained by factors such as the United States Federal Reserve hiking interest rates to curb rising inflationary pressures followed by the collapse of many crypto firms, including Terraform Labs, Celsius Network, Three Arrows Capital, FTX and others. Some…

Scammers impersonate US State Department, claiming to help affected FTX users

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With the FTX collapse leaving many users yearning for the return of lost funds, scammers are using the opportunity to take advantage of already injured victims by posing as government officials.  In a press release, the Oregon Division of Financial Regulation (DFR) warned crypto investors that fake applications and websites put up by scammers are aiming to take their money but give nothing in return. The DFR urged traders to make sure to “do their homework” before sending any of their funds to crypto trading platforms. The DFR gave the…

What is browser-based cryptocurrency mining, and how does it work?

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Once assumed to be extinct until its unlikely return in the latter part of 2017, browser-based cryptocurrency mining dates back to 2011 when BitcoinPlus.com launched its then-innovative service. Of course, back when Bitcoin was fairly new and mining was cheap, the idea of using a website to do the work for miners was quite popular. Thanks to a surge in the cryptocurrency market circa 2017, browser-based cryptocurrency mining has made a resurgence in certain circles today. The technology’s evolution is also due in part to the advent of blockchain-based coins…

This Is Why Rocketize Token, Huobi Token, and Aave Could Be Trending Today

Place/Date: – December 28th, 2022 at 2:37 pm UTC · 3 min read Source: Rocketize Token (JATO) Crypto trends are some of the ways we can predict crypto outcomes in the market. Cryptocurrency is volatile and a little trend could shift the entire market in a positive or negative direction. Trends predate demand and supply and help in calculating the future direction of the market. If you understand trends well, you could as well savor little opportunities to make it off any bull or bear market. Huobi Token (HT), Aave…

Tesla (TSLA) Stock Might Record Its Worst Month, Quarter and Year

The Tesla stock has fallen 44% in December and more than 59% during the fourth quarter of this year. It seems that there’s no end to the free fall in the price of Tesla Inc (NASDAQ: TSLA) stock. On Tuesday, December 27, the TSLA stock ended another 11% in red with its year-to-date losses now surging to 72%. What seems is that Tesla might hit a negative record on three fronts making it the worst month, quarter, and year for the electric carmaker. Among all valuable tech companies, Tesla has…

Disgraced FTX Founder SBF Took Money from Alameda to Buy Robinhood Shares

As per court documents, SBF and FTX co-founder Gary Wang took $546 million from Alameda Research to purchase the stock of Robinhood Markets. As the case against disgraced FTX founder Sam Bankman-Fried proceeds, new developments have come to the surface. As per the recent court documents, FTX chief Sam Bankman-Fried together with the company’s co-founder borrowed hundreds of millions of dollars from its sister firm Alameda Research in order to purchase shares of a popular trading app Robinhood Markets (HOOD). As per the affidavit produced in the Caribbean court ahead…

Prices of Eos (EOS) and Solana (SOL) Stabilizes while Orbeon Protocol (ORBN) Intensifies in the Presale

Place/Date: – December 28th, 2022 at 2:26 pm UTC · 3 min read Source: Orbeon Protocol One of the major problems of crypto markets is their extreme uncertainty. The precipitous drops in the value of cryptocurrencies like Solana (SOL) and Eos (EOS) are only one illustration of how disastrous things might turn out in the crypto markets. It’s fascinating to note that a new asset, Orbeon Protocol (ORBN), has shown an 805% price increase, with its unique use case of connecting cryptocurrencies and traditional fundraising. This article examines how Orbeon…

EQBR Holdings Unveils EQ Hub, ‘No-Code Web3 Development Platform’, at CES 2023

EQBR Holdings (“EQBR”), a Web3 business solution provider, announced that it will unveil EQ Hub, a next generation blockchain development platform at upcoming CES 2023 to be held in Las Vegas between January 5, 2023 and January 8, 2023. EQ Hub is a trailblazing product seeking to remove any barriers in Web3 technology adoption. EQ Hub provides no code programing environment for business users as well as developers. Business users can choose from pre-built dApps and easily configure and customize for quick deployment. For developers who are not familiar with…