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Showing posts from November, 2022

 Lucky Block Price Prediction: LBLOCK Is Reaching for the Stars

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Join Our Telegram channel to stay up to date on breaking news coverage Lucky Block has brought massive returns to traders within the last 48 hours, and this crypto seems poised to deliver more, even at this point. Also, trading indicators continue to portray a continued upward gain in LBLOCK price. LBLOCK: December 1st, 2022 LBLOCK Value: $0.0002620 Market Capitalization for Lucky Block: $0.958 million LBLOCK Flowing Supply: —- Lucky Block Total Supply: 3.65 billion Lucky Block Ranking on Coinmarketcap: #4234 Major Price Levels: Resistance: $0.0002620, $0.0002680, $0.0002720 Support: $0.0002600, $0.0002570, $0.0002520 Lucky Block Price Prediction: LBLOCK Witnessing Massive Tailwind Price activities on the Lucky Block 4 hours chart have been hyper-bullish for a significant length of time. Even when a significant headwind attacked LBLOCK  price action, tailwind quickly wipe out its effect. By implication, this tells that buyers are just too bullish. Additionally, the c

Another Bankruptcy Filing in Crypto World — BlockFi Insolvency

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Join Our Telegram channel to stay up to date on breaking news coverage On November 28th, cryptocurrency exchange BlockFi became the latest victim of the avalanche of failures that began with the implosion of FTX a week earlier. The bankruptcy of the crypto hedge fund Three Arrows Capital in June sparked a liquidity crisis at the New Jersey-based exchange. When the FTX Empire collapsed in June, defunct FTX CEO Sam Bankman-Fried proposed a way out to rescue BlockFi. However, the life things did not go as expected. In its bankruptcy filing, BlockFi disclosed substantial exposure to FTX and its sibling company, Alameda Research. When FTX failed, the BlockFi management team and board of directors acted swiftly to safeguard its customers and the company, according to Mark Renzi of Berkeley Research Group, the firm’s financial advisor. The financially troubled cryptocurrency company has blocked withdrawals of user money, claiming that demands from customers would be resolved through

Better YFII Alternative- Dash 2 Trade

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Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market has moved considerably in the past couple of months, causing the industry to be in a state of complete speculation. It has surely seen a major crash, with a majority of investors still fearful about the next moves that major tokens may make. Since BTC fell from its all-time high back in November 2021, things have looked rather bleak for the industry. Tokens like YFII, which had shown major growth during the bull run, have now been moving in a rather bearish mode. Naturally, the project being an initiative with a massive community has brought in some of the best backers and companies to help in building it. However, there may be an alternate cryptocurrency that investors should definitely keep a watch out for in this crypto winter. The bear market has surely taken its toll on almost the entirety of the blockchain industry, but this project is still very likely to reap massive returns

Brazilian lawmakers approve a bill governing the use of bitcoin as payment

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Join Our Telegram channel to stay up to date on breaking news coverage A comprehensive regulatory framework for the usage and trade of cryptocurrencies in Brazil has been adopted by the country’s legislature.  The new regulations, which were approved on Tuesday night in Brasilia, the nation’s capital, acknowledge bitcoin as a digital representation of value that can be used in the country as a means of payment and as an investment instrument. The bill, which covers a broad range of what it refers to as “virtual assets,” is now all that is needed for it to become law: the president’s signature. The country does not now recognize bitcoin or any other cryptocurrency as legal cash. The use of bitcoin as payment is now governed under a comprehensive legislative framework for cryptocurrencies adopted by Brazilian lawmakers The executive branch is given responsibility in the bill for choosing the agencies that would regulate the market. The Central Bank of Brazil (BCB) is anticip

Carbon Credits on the Blockchain? New Sustainable Crypto Adds Nike and GameStop as Affiliate Partners

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Impact Project has included Nike and GameStop in its growing affiliate partners list. And as the platform continues to expand, its native IMPT token also attracts interest from investors. Nike and GameStop Join the Club Earlier this week, the developers of Impact Project confirmed that they had added two more companies to their affiliate network. American sportswear giant Nike and video game retailer GameStop have joined forces with the platform to contribute to fighting climate change.  Nike has been a long proponent of innovative technology. And as a manufacturer, the company's commitment to reducing its carbon footprint should go a long way toward increasing corporate participation in the fight against climate change. The same can be said for GameStop. The company has recently embraced digital assets, opening a non

This New Metaverse Project May Have Better Graphics Than The Sandbox and Decentraland – Best Presale 2022?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Sandbox and Decentraland are two of the biggest players in the metaverse ecosystems. However, experts believe RobotEra, a new metaverse project, could redefine human interaction. The presale of its native token continues, and interested investors can still purchase it before it ends. Introducing RobotEra RobotEra is a sandbox-like-planet that combines non fungible tokens and the metaverse to provide players with a simple and enjoyable way to earn returns.  When playing RobotEra, players are transported to Taro, a virtual planet recently destroyed due to a catastrophic event. The game allows users to choose avatars, purchase land, and contribute to rebuilding a post-apocalyptic world. Although players' primary objective is to reconstruct the virtual world from scratch completely, all properties purchased are non fungibl

Calvaria presale has now raised $2.1m

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Calvaria: Duels of Eternity is a brand new play-to-earn game that has been making strong progress throughout its presale , having now managed to successfully raise $2,100,000. The game is centered around three different factions that battle against one another to win play to earn rewards and wager their RIA tokens.  Battle against other players Calvaria provides gamers with the opportunity to curate their own decks and to use them in a war against other players.  Players can collect different cards as NFTs to create their decks and then battle to become victorious.  Those players who are the most successful in the game with choosing the appropriate strategy to win will be able to earn greater play to earn rewards, particularly thanks to the Calvaria leaderboard.  Mini-games already available  In order to further galvanize

Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office

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Source: AdobeStock / G. Lombardo Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ DeFi news Open-source technology provider Komodo has launched AtomicDEX Web , a wallet, cross-chain bridge, and decentralized exchange (DEX) which can be accessed through any web browser, connecting over 60 blockchains including Ethereum, Harmony, Polygon, Avalanche, BNB Chain , Cosmos, and more, said a press release. It also introduced a Trezor hardware wallet integration for UTXO-based assets, it added. California-based start-up Ripple announced that the AMM Devnet is now live and ready to use, inviting developers to test the AMM, build applications, and provide feedback. The RippleX team proposed the XLS-30d technical specification to build a protocol-native automated market maker (AMM) integrated with the orderbook-based decentralized exchange (DEX) on the XRP Ledg

Tether Claps Back at "Disinformation" From Wall Street Journal

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Tether – the issuer of the world’s largest stablecoin, USDT – has released a statement responding to the Wall Street Journal (WSJ)’s latest claims about the status of its reserves. It labeled the outlet’s assertions as “a series of unsubstantiated conclusions” seeking to discredit Tether’s attempts to remain transparent with the public. Claims from WSJ In an article published on Saturday, WSJ reviewed parts of Tether’s history and accounting process that make its reserve dependability seems less than ideal. One criticized element involves Tether’s use of attestations, rather than audits, for providing transparency surrounding its reserve makeup. KYC & Audit Solutions! SolidProof Attestations show a snapshot of a given firm’s assets and liabilities at a specific date and time, as signed off by an accounting firm. Tether’s most recent attestation was from BDO, a top 5 accounting firm, confirming that the company held $66 billion in reserves as of June 30th, 202

DYP Lists Across Coinbase and Huobi Ahead of Metaverse Platform Launch

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Defi Yield Protocol (DYP) announced its listing across multiple leading exchanges including Coinbase, Huobi, and MEXC last month. It also recently provided details on its upcoming Metaverse platform, which will feature interactivity with Cats and Watches Society (CAWS) NFTs. Coinbase revealed the listing of DYP on June 21st, while trading started one day later. Next, MEXC announced it will start listing of DYP for the first time on July 19th. Huobi then added DYP to its platform on July 27th.  Smaller exchanges including  Bitrue, ZT, Hoo, CoinDCX, Onus Finance also recently made the crypto-asset available for trade.  DYP experienced no notable price fluctuations upon its recent listings, often when an asset is introduced to a new exchange. However, its market value surged rapidly on June 7th from $0.06 to over $0.20 and has continued to trade above that mark for nearly two months.  A week after the price surge, DYP wrote a blog post explaining its Metaverse project and vir

How Ankr Is Decentralizing Web3 Infrastructure

Decentralization is a sliding scale, not a switch. But when you’re building in web3, there’s only one end of that scale you should be shooting for. From the base layer to the application level, it’s imperative that web3 can be accessed by anyone, anywhere in the world without the risk of censorship. Decentralization and censorship-resistance are not synonyms, it should be noted, but you can’t have the latter without the former. Given that the value proposition of web3 is deeply rooted in the free flow of ideas and information, it’s essential that its core infrastructure is capable of withstanding sophisticated attacks. These could come from hackers intent on commandeering the network for financial gain or from nations determined to surveil and censor, as nations are prone to do. The importance of maintaining decentralized infrastructure was thrust into sharp focus this week by the revelation that MetaMask developer ConsenSys is now collecting IP addresses alongside Ethereum wallet

Cryptocurrency Fraud: What You Need to Know

Join Our Telegram channel to stay up to date on breaking news coverage Cryptocurrency Fraud: What You Need to Know The emerging world of cryptocurrency is home to a lot of fraudulent activity with scammers aiming to capitalize on users who are new to crypto. It isn’t just newbies who can fall for a fraudster’s tricks – some scams can prove very convincing and trip up anyone in the crypto sphere. In this article, we’ll help you become aware of the common scams that are taking place and keep your crypto safe online. What is cryptocurrency fraud? Cryptocurrency fraud is a deceptive activity in the crypto industry with the perpetrator intending to make financial or personal gain. Scammers and hackers on the internet are looking to make some easy money from unsuspecting victims by inducing them to do something, such as click on a link or reveal personal details, to gain access to their finances. For cryptocurrency scams, thieves often attempt to break into a victim’s digital wall