โ๏ธ Crypto Slang Terms #23: Your Guide to the Cryptoverse ๐
๐ก Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
โน๏ธ Token Swap: The direct exchange of a one crypto asset to another or the migration of a crypto asset from one specific blockchain protocol to another
๐๐ป Example: Swap USDT for BSCS or Brigde USDT from Avalanche to Ethereum network.
โน๏ธ Tokenization: Converting the value of a tangible or intangible asset into a token
๐๐ป Example: RWAs are real-life assests be tokenized such as real estate, commodities, etc.
โน๏ธ Tokenization Standard: Specific technical architecture of a blockchainโs protocol, which in turn determines the nature of the tokens that are compatible with the network.
โน๏ธ Tokenization Value Chain: A model that is based on the traditional value chain, or securities value chain, that facilitates the creation, distribution, trading, settlement, clearing, custody, and storage of tokenized assets through blockchain.
โน๏ธ Tokenized Representation: Takes place when a digital asset is locked up with a custodian, who then mints a one-to-one representation of that token on another chain.
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
๐ก Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
๐๐ป Example: Swap USDT for BSCS or Brigde USDT from Avalanche to Ethereum network.
๐๐ป Example: RWAs are real-life assests be tokenized such as real estate, commodities, etc.
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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How do you perceive the upcoming blockchain market situation?
Anonymous Poll
71%
A- The market will witness a rebound.
18%
B- The market will continue to fall.
6%
C- Unsure / No opinion.
5%
D- Other scenarios.
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๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ Top 4-5: 10 USDT/ each
๐ Top 6-9: 5 USDT/ each
โ๏ธ Example: Jeremy | BSCS | Germany or Jeremry_BSCS_Germany
๐ Act now or lose your chance of winning! The opportunity is still available!
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๐Weekly Market Highlights #105: July 1 - July 7
โจAfter a decade-long wait, Mt. Gox users finally started getting their assets back. The announcement of Mt. Gox payouts and consistent selling pressure from the German government throughout the week have sparked significant concern in the crypto investment community. As a result, BTC has seen continuous selling pressure, driving its price down to $53.5Kโa level not observed since February 2024.
โจOver the past week, the crypto market total capitalization decreased by ~$288B (from ~$2,336B to ~$2,048B).
โจBTC Price Drops Sharply
โ In just 1 week, BTC's price has lost ~16%. Starting the week at $62.8K, the bulls pushed BTC to $63.8K. The attempt to push the price up failed as the market was flooded with bad news about Mt. Gox, and the German government started selling BTC, pushing BTC price down to $53.5K.
โ In that context, the total value of liquidated derivative orders in the last 4 hours reached $283M, and in 12 hours, it was $457M, with the long side accounting for 89.9%. The whole market fell into a state of fear.
โจAltcoins Bleeding
โ As BTC suffered, altcoins also had a red week. Most of the top altcoins suffered double-digit price drops.
โ On a weekly scale, PEPE has the most significant price decrease of ~30%, currently trading at ~$0.000008454. Other names such as ETH, BNB, XRP, DOGE, LINK, and BCH are down from 10% to 20%.
โ However, meme-coins seem to have gained investor confidence over the past week, and the meme-coin market remains very active.
โ Total 2 Index (Marketcap excluding BTC) is now at $902M
โจBitcoin Fear and Greed Index is 28 - Fear, higher than at the beginning of the week (53)
โจDominance:
โ BTC: 53.9%
โ ETH: 17.1%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจAfter a decade-long wait, Mt. Gox users finally started getting their assets back. The announcement of Mt. Gox payouts and consistent selling pressure from the German government throughout the week have sparked significant concern in the crypto investment community. As a result, BTC has seen continuous selling pressure, driving its price down to $53.5Kโa level not observed since February 2024.
โจOver the past week, the crypto market total capitalization decreased by ~$288B (from ~$2,336B to ~$2,048B).
โจBTC Price Drops Sharply
โ In just 1 week, BTC's price has lost ~16%. Starting the week at $62.8K, the bulls pushed BTC to $63.8K. The attempt to push the price up failed as the market was flooded with bad news about Mt. Gox, and the German government started selling BTC, pushing BTC price down to $53.5K.
โ In that context, the total value of liquidated derivative orders in the last 4 hours reached $283M, and in 12 hours, it was $457M, with the long side accounting for 89.9%. The whole market fell into a state of fear.
โจAltcoins Bleeding
โ As BTC suffered, altcoins also had a red week. Most of the top altcoins suffered double-digit price drops.
โ On a weekly scale, PEPE has the most significant price decrease of ~30%, currently trading at ~$0.000008454. Other names such as ETH, BNB, XRP, DOGE, LINK, and BCH are down from 10% to 20%.
โ However, meme-coins seem to have gained investor confidence over the past week, and the meme-coin market remains very active.
โ Total 2 Index (Marketcap excluding BTC) is now at $902M
โจBitcoin Fear and Greed Index is 28 - Fear, higher than at the beginning of the week (53)
โจDominance:
โ BTC: 53.9%
โ ETH: 17.1%
๐ฃSee you next week!
Website | Telegram | Substack | Twitter | Discussion
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. Event and Highlight News
II. Education
III. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
IV. Communities
โข Telegram Channel: 93,478
โข Twitter: 424,879
โข Youtube: 18,500
โข Facebook: 12,283
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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BSCS is launching a new IDO rule called โVanguard,โ in addition to the Riskless & Shielded IDO Rules.
The NEW IDO Rule will give the community and project teams more flexibility when accessing our services.
๐ VANGUARD IDO RULE DETAILS
1๏ธโฃ Partial Refund Option
2๏ธโฃ Refund Without Conditions
3๏ธโฃ Non-Refundable Claimed Tokens
4๏ธโฃ Full Refund Option Remains Available
โ The 3-day Refund period is Exclusive Only to the "Refund the Rest" option
๐ Apply to Launch on BSCS
๐ Become a BSCS Holder
๐ฐ Read Detailed Information Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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๐ A huge thank you to everyone who participated and made this event a success. The competition was fierce and the community spirit was incredible.
๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ Top 4-5: 10 USDT/ each
๐ Top 6-9: 5 USDT/ each
Website | Telegram | Substack | Twitter | Discussion
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๐ฐ Mt. Gox Bitcoin Payout: A Decade-Long Journey of Resilience
In 2014, the collapse of Mt. Gox, the largest Bitcoin exchange, resulted in the loss of 850,000 BTC, marking a major scandal in cryptocurrency history.
Fast-forward to 2024, over 200,000 BTC have been successfully distributed to creditors after extensive legal and recovery efforts.
๐ฅ Key Timeline
1๏ธโฃ 2014: Mt. Gox, once the largest Bitcoin exchange, collapsed after losing 850,000 Bitcoins.
2๏ธโฃ 2017-2018: Legal proceedings started, and efforts began to recover the lost Bitcoins.
3๏ธโฃ 2019-2020: Over 200,000 Bitcoins were recovered.
4๏ธโฃ 2021-2022: A repayment plan was approved, and preparations for distribution began.
5๏ธโฃ 2023: First batches of Bitcoin were returned to creditors.
6๏ธโฃ 2024: Over 200,000 Bitcoins successfully distributed!
The Mt. Gox payout has been a complex process, highlighting the early risks of cryptocurrency trading.
๐ This long journey shows that even in the chaotic world of crypto, there's hope for resolution. Kudos to everyone who stayed patient through this process!
๐ฐ Check the Detailed Overview Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
In 2014, the collapse of Mt. Gox, the largest Bitcoin exchange, resulted in the loss of 850,000 BTC, marking a major scandal in cryptocurrency history.
Fast-forward to 2024, over 200,000 BTC have been successfully distributed to creditors after extensive legal and recovery efforts.
1๏ธโฃ 2014: Mt. Gox, once the largest Bitcoin exchange, collapsed after losing 850,000 Bitcoins.
2๏ธโฃ 2017-2018: Legal proceedings started, and efforts began to recover the lost Bitcoins.
3๏ธโฃ 2019-2020: Over 200,000 Bitcoins were recovered.
4๏ธโฃ 2021-2022: A repayment plan was approved, and preparations for distribution began.
5๏ธโฃ 2023: First batches of Bitcoin were returned to creditors.
6๏ธโฃ 2024: Over 200,000 Bitcoins successfully distributed!
The Mt. Gox payout has been a complex process, highlighting the early risks of cryptocurrency trading.
๐ This long journey shows that even in the chaotic world of crypto, there's hope for resolution. Kudos to everyone who stayed patient through this process!
๐ฐ Check the Detailed Overview Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Please open Telegram to view this post
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โฝ๏ธ BSCS "Man of the Match" Minigame
Let's emerge to the vibrant of the Euro 2024 Final between ๐ช๐ธSpain vs ๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟEngland with our fun minigame.
โฐ Time: 9 AM 12 Jul - 9 AM 14 Jul (UTC)
๐ Reward: 10 USDT/ each
๐ฏ Rule
โ Predict the minute of the first goal
๐ Example: GOAL 15' #BSCS #EURO2024
โ Top 10 correct or closest predictions (lower only) will be the winners
โ Who predict the earliest will win based on reply time
โ If no correct predictions, the reward will be randomized
โผ Notice
๐ข Goal only count in official 90-minute play (not include Extra Time)
๐ข Only predict once to avoid cheating
๐ข Must public Telegram username
๐ข Predictions must in the event time and have all hashtags
๐ข Edited replies will be eliminated
๐ข Our decision is final in all cases
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Let's emerge to the vibrant of the Euro 2024 Final between ๐ช๐ธSpain vs ๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟEngland with our fun minigame.
๐ฏ Rule
โ Predict the minute of the first goal
๐ Example: GOAL 15' #BSCS #EURO2024
โ Top 10 correct or closest predictions (lower only) will be the winners
โ Who predict the earliest will win based on reply time
โ If no correct predictions, the reward will be randomized
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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We are excited to announce our investment in Kibble, a pioneering DeFi Hub on The Open Network (TON).
This strategic partnership aims to accelerate the growth and development of the TON ecosystem, leveraging Kibbleโs innovative solutions to existing challenges.
Kibble stands out with its robust suite of features designed to meet diverse DeFi needs:
๐ We believe that Kibbleโs unique offerings and ambitious roadmap will significantly enhance the DeFi landscape.
๐ค BSCS looks forward to supporting Kibbleโs growth and seeing its positive impact on the TON ecosystem!
๐ฐ Read Detailed Article Here
โญ๏ธ Kibble Official Media Channels:
Website | Pitch Deck | Twitter | Discord | Telegram | Telegram Bot | Youtube | Medium
โญ๏ธ BSCS Official Media Channels:
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Congratulations to our top participants who showed outstanding enthusiasm and support!
The final result is OUT NOW!
๐ฅ Top 1: 25 USDT
@MD_SK_Hamid
๐ฅ Top 2: 20 USDT
@tiantian87
๐ฅ Top 3 : 15 USDT
@SUKAMOL99
๐ Top 4-5: 10 USDT/ each
@Arafat_Ahamed0
@maruf0407
๐ Top 6-9: 5 USDT/ each
@King_Alvarez10
@TheAnointedKing
@dr_faith
@Cityofkings
๐ช A huge thank you to everyone who joined in and made this event a grand success. Keep the community spirit alive and let's continue to grow together!
๐ Stay tuned for more fun and rewarding events in the future. Keep supporting BSCS!
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๐Weekly Market Highlights #106: July 8 - July 14
โจDespite widespread apprehension, BTC recovered during the second week of July, albeit amidst lingering doubts.
โจOver the past week, the crypto market total capitalization increased by ~$208B (from ~$2,048B to ~$2,256B).
โจBTC Jumps Above $60K
โ Driven perhaps by uncertainty surrounding the Mt. Gox BTC distribution and actions by the German government, the primary cryptocurrency experienced a sharp sell-off nine days ago, plummeting from over $58K to a multi-month low of under $54K.
โ Bulls attempted a recovery, initially halted but resumed early last business week. BTC briefly surpassed $59K, notably after favorable US CPI data was released on Thursday.
โ However, momentum faltered, and it retraced to $56.5K by Friday evening before reclaiming some ground on Saturday to stabilize around $58K. Increased market volatility following events involving US presidential candidate Donald Trump initially shook the market, but failed assassination attempts triggered a rally in BTC and most of the market.
โ Specifically, BTC surged above $60K for the first time since the previous Friday and is currently holding steady.
โจAlts See Green
โ Aside from all Trump-related tokens skyrocketing by double-digits, most other larger-cap alts have turned green. On a weekly scale, ETH has tapped $3,2K after a 12% increase, while BNB has neared $540 after a minor daily jump.
โ More impressive gains come from the likes of XRP, ADA, SOL, DOGE, LINK, BCH, and NEAR, with two-digit increases.
โ The total crypto market cap is $2,256B on CoinMarketCap.
โ Total 2 Index (Marketcap excluding BTC) is now at $989M
โจBitcoin Fear and Greed Index is 52 - Neutral, higher than at the beginning of the week (28)
โจDominance:
โ BTC: 53.9%
โ ETH: 17.5%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจDespite widespread apprehension, BTC recovered during the second week of July, albeit amidst lingering doubts.
โจOver the past week, the crypto market total capitalization increased by ~$208B (from ~$2,048B to ~$2,256B).
โจBTC Jumps Above $60K
โ Driven perhaps by uncertainty surrounding the Mt. Gox BTC distribution and actions by the German government, the primary cryptocurrency experienced a sharp sell-off nine days ago, plummeting from over $58K to a multi-month low of under $54K.
โ Bulls attempted a recovery, initially halted but resumed early last business week. BTC briefly surpassed $59K, notably after favorable US CPI data was released on Thursday.
โ However, momentum faltered, and it retraced to $56.5K by Friday evening before reclaiming some ground on Saturday to stabilize around $58K. Increased market volatility following events involving US presidential candidate Donald Trump initially shook the market, but failed assassination attempts triggered a rally in BTC and most of the market.
โ Specifically, BTC surged above $60K for the first time since the previous Friday and is currently holding steady.
โจAlts See Green
โ Aside from all Trump-related tokens skyrocketing by double-digits, most other larger-cap alts have turned green. On a weekly scale, ETH has tapped $3,2K after a 12% increase, while BNB has neared $540 after a minor daily jump.
โ More impressive gains come from the likes of XRP, ADA, SOL, DOGE, LINK, BCH, and NEAR, with two-digit increases.
โ The total crypto market cap is $2,256B on CoinMarketCap.
โ Total 2 Index (Marketcap excluding BTC) is now at $989M
โจBitcoin Fear and Greed Index is 52 - Neutral, higher than at the beginning of the week (28)
โจDominance:
โ BTC: 53.9%
โ ETH: 17.5%
๐ฃSee you next week!
Website | Telegram | Substack | Twitter | Discussion
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. New Partner
II. Event and Highlight News
III. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
IV. Communities
โข Telegram Channel: 92,425
โข Twitter: 422,246
โข Youtube: 18,500
โข Facebook: 12,274
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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๐ Switch Up 2024 Accelerator: Meeting Excellence ๐
You are invited to this upcoming Switch Up 2024 Accelerator: Meeting Excellence online event to connect all top builders, VC & partners!
โฐ Time: 3:30 PM GMT +7 (8:30 AM UTC) on Zoom Meeting
๐๐ป Register Now
๐ฅ Agenda
๐ข โ3:30 PM - 3:55 PM: Program Overview from Organizers VBA & Spores Network & Introduction from Top 10 Finalists
๐ข 3:55 PM - 4:20 PM: Sharing Session from keynote speakers
๐ข 4:20 PM - 4:30 PM: Q&A for Speakers
โ๐ข 4:30 Pm - 4:40 PM: Closing Speech
๐ Our esteemed meeting of industry giants, featuring:
โ
Speaker: Mr. Jeff Nowak - Managing Partner at Maven Capital
โ
Speaker: Mr Raghu Chandra, Head of Partnerships and Listings, Brinc Web3
โ
Speaker: Mr Eric Nguyen - VP of Investment Promotion at VBA, CEO & Founder at Spores
๐ Network & Amnis Finance
Our Top 10 Exceptional Finalists include RWA Inc., ERAGON, Private AI, MYTH, Neurochain.AI, Midle, Astra Nova, Coin Avatar, Playtoo, Tripster.
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
You are invited to this upcoming Switch Up 2024 Accelerator: Meeting Excellence online event to connect all top builders, VC & partners!
๐๐ป Register Now
โ
๐ Our esteemed meeting of industry giants, featuring:
Our Top 10 Exceptional Finalists include RWA Inc., ERAGON, Private AI, MYTH, Neurochain.AI, Midle, Astra Nova, Coin Avatar, Playtoo, Tripster.
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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LayerEdge stands as the pioneering infrastructure layer in the Bitcoin ecosystem, introducing the Hybrid Modular Data Availability (HMDA).
This groundbreaking technology transforms any layer into a Bitcoin-compatible Layer 2 solution without sacrificing security.
๐ค We're teaming up with LayerEdge to bring you advanced upgrades and features that will turbocharge:
โ Platform Performance
โ User Experience
๐ Blockchain is making incredible development, and BSCS is ready to ride the innovation wave with LayerEdge by our side!
โญ๏ธ LayerEdge Official Media Channels:
Website | Twitter | Telegram | Medium | Discord
โญ๏ธ BSCS Official Media Channels:
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We now offer fundraising services for TON-based project teams, creating exciting collaboration and investment opportunities.
Calling all TON-based projects! Join us to explore exciting collaboration actions and build a thriving blockchain ecosystem.
๐ Apply to Launch on BSCS
The Open Network (TON) is a blockchain platform developed by Telegram, designed to be fast, secure, and scalable.
๐ฐ Read Detailed Information Here
โญ๏ธ BSCS Official Media Channels:
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Website | Twitter | Medium | Discord
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In this science fiction racing game, you can compete with other players, advance to the leaderboard, finish missions to win, personalize vehicles, and make money by trading goods on the marketplace.
๐Don't miss our AMA and get more information about REVOLON IDO on BSCS on 23rd July
๐ Speaker:
๐จ๐ปโ๐ฆฐ Mr. Muhammad Salman Khan & Mr. Syed Noor Muhammad, Co-Founders of REVOLON
๐ Time: 10:00 AM July 19th (UTC)
๐ Venue: BSCS Official [ENG]
๐ Reward: 1000 RPM
๐ 5 Pre-AMA Questions (Send Here)
๐ 5 Live-Chat Questions
โผ๏ธ Requirements for winners
โ๏ธ Join BSCS Media Official Channel
โ๏ธ Follow BSCS on X
โ๏ธ Follow REVOLON on X
โ๏ธ Join REVOLON Discord
Website | Twitter | Medium | Discord
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