English Proverbs

Share ➕
❤️English Academy✅

Marathon Digital Expands Mining Beyond Bitcoin

🌐 Marathon Digital Holdings has ventured into Kaspa (KAS) mining to diversify its revenue streams, emphasizing it's not abandoning Bitcoin.

👀 "Kaspa will only constitute 1% of our total capacity," assured Marathon's VP of Investor Relations, Robert Semyuels.

The initiative aims for "higher margins," potentially up to 95% with Kaspa mining machines.

📈 Since launching Kaspa ASIC devices in September 2023, Marathon has mined 93 million KAS ($16 million). KAS tokens surged 420% since then, outperforming Bitcoin's 135% rise.

Kaspa ranks fifth in Proof-of-Work assets, mineable with specialized hardware, boasting a market cap exceeding $4.2 billion. 💰

Following the announcement, KAS saw daily growth rates of 11%, with trading volume up 155%.

Crypto News | Lessons ✅️

Common Mistakes

❌ I bought the bag with $100.
✔️ I bought the bag for $100.

❌ Who is in the phone.
✔️ Who is on the phone.

❌ The sun rises from the east.
✔️ The sun rises in the east.

❌ I can't agree to you on this matter.
✔️ I can't agree with you on this matter.

❌ He reached at the airport at 3am.
✔️ He reached the airport at 3am.

Share ➕
❤️English Academy✅

The co-founder of Kraken donated $1 million in crypto to Donald Trump's pre-election campaign

💰 The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.

He stated his support for "pro-crypto major party candidate".

Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. 🏴‍☠️

Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.🧐

Crypto News | Lessons ✅️

Court Dismisses Some SEC Charges Against Binance and Changpeng Zhao

⚖️ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.

The court granted the exchange’s motion to dismiss the regulator’s claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. 💰

👀 However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.

🤷 The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.

Crypto News | Lessons ✅️

🤔 Types of injuries

Share ➕
❤️English Academy✅

💰 JUST IN: Solana Surpasses Ethereum in Daily DEX Trading Volume.

More Info

Crypto News | Lessons ✅️

Tether Enables Filipinos to Pay Social Contributions with USDT

🤝 Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.

🇵🇭 The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.

Crypto News | Lessons ✅️

🇩🇪 The German government has transferred another 400 BTC ($25.2 million) to the crypto exchanges Bitstamp, Coinbase, and Kraken. – Arkham

German authorities have deposited 2700 BTC ($170 million) to exchanges in the past two weeks. 🧐

Crypto News | Lessons ✅️

Uniswap Wallet will add fiat support through a partnership with Transak

🦄 Developers of the non-custodial Uniswap Wallet will enable cryptocurrency purchases with fiat using Apple Pay, Google Pay, and bank cards. This is made possible through a partnership with payment company Transak.

🤝 The collaboration eliminates the need for fund transfers from centralized exchanges and potentially lowers barriers for new users. They can expect a 'smooth and intuitive DeFi onboarding experience.'

Transak offers 'a vast array of global and local payment methods' across 160 countries worldwide.

Uniswap Wallet will also integrate with a 'sibling' DEX, facilitating token exchange and trading within the application.

Crypto News | Lessons ✅️

After a 'red' June for Bitcoin, a typically 'green July' tends to follow, considering BTC returns from 2013 to 2023. - Coinglass.

👀 Let's see if this trend continues.

Crypto News | Lessons ✅️

Other ways to say - It's cold 🥶

✔️ It's freezing!
✔️ It's so chilly out here.
✔️ I can see my breath, it's that cold.
✔️ I'm shivering, it's freezing.
✔️ It's bone-chillingly cold.
✔️ I can't feel my fingers, it's so cold.
✔️ The cold is biting today.
✔️ It's frosty.
✔️ It's teeth-chattering cold.
✔️ It's numbingly cold.

Share ➕
❤️English Academy✅

❗️The Most Popular Scam Method in the Second Quarter ❗️

👀 The most common way cryptocurrency users were scammed was through the honeypot scheme. 🍯🧸 In this scheme, investors are lured into buying useless and illiquid assets that cannot be sold. 🤷

Scammers create a smart contract and entice victims with promises of high returns, aggressively pushing them to buy. After purchasing the asset, users see the price rising and are in no rush to sell.

However, when they eventually decide to sell, they discover that selling the tokens is impossible. The scammer then withdraws the victims' funds. Even experienced investors often fail to recognize honeypot schemes. 🤔

Crypto News | Lessons ✅️

JUST IN: 🇷🇺 Russian authorities plan to legalize stablecoins for cross-border payments — Deputy Chairman of the Central Bank of the Russian Federation.

Crypto News | Lessons ✅️

Normal 🔹 Advanced

Share ➕
❤️English Academy✅

Today is Independence Day in the USA

⬆️ Here’s what Bitcoin’s price was on this day in different years (this chart was obviously made in advance, today it's already $57,000 😂).⬆️

👀 But it seems the US government ran out of money for fireworks and decided to sell some more Bitcoin. Today, they transferred nearly 250 BTC (over $14 million) to an unknown wallet!

Crypto News | Lessons ✅️

Hong Kong Criminals Demand 660,000 USDT for Child’s Ransom

🥷 On July 3rd, a group of individuals orchestrated the kidnapping of a three-year-old boy from a shopping mall in Hong Kong, demanding a ransom of 660,000 USDT. 🙀 Local media reports confirm the incident.

The abduction was captured on surveillance cameras, showing a man leading the child away while covering his mouth with a cloth. 😡

👺The kidnappers then contacted the boy's parents via Telegram, urging them not to call the police “for the safety of the child.” To secure the boy’s release, the criminals demanded the parents buy USDT “on the over-the-counter market” and transfer the funds to their wallet.

🕵️‍♂️ Police officers from the Organized Crime and Triad Bureau took on the investigation, although it is unclear who informed them about the kidnapping.

👮‍♂️On the morning of July 4th, authorities reported the successful arrest of two suspects and the rescue of the child. The police have not yet released further details.

Crypto News | Lessons ✅️

Soft Cap and Hard Cap in Crypto Fundraising

Did you know that soft cap and hard cap are crucial terms in crypto fundraising? Initial coin offerings (ICOs) and token sales often use these targets to manage funds effectively and ensure project success.

■ Soft Cap: This is the minimum amount a project needs to proceed. If the soft cap isn’t reached, the project might be canceled, and investors get refunds.

■ Hard Cap: This is the maximum amount a project will accept to prevent overfunding. Once the hard cap is hit, the project stops accepting further contributions.

For instance, imagine a new decentralized exchange setting a $5 million soft cap and a $15 million hard cap. If only $3 million is raised, the project fails, and funds are returned. But if $15 million is reached, the fundraising ends, and the project moves forward.

Understanding these caps helps investors make informed decisions, supporting projects with a higher chance of success.

Crypto News | Lessons ✅️

🕔 Tenses in English

🔻 Past
Simple - I learned.
Continuous - I was learning.
Perfect - I had learned.
Perfect continuous - I had been learning.

🔻 Present
Simple - I learn.
Continuous - I am learning.
Perfect - I have learned.
Perfect continuous - I have been learning.

🔻 Future
Simple - I will learn.
Continuous - I will be learning.
Perfect - I will have learned.
Perfect continuous - I will have been learning.

Share ➕
❤️English Academy✅

⬆️ The chart of Germany's Bitcoin balance 📉

Again and again, Warren Buffett's truth is recalled that the market is a mechanism for redistributing wealth from the impatient to the patient. 🧐

😎 And Justin Sun, who previously proposed buying all bitcoins owned by the German government in the OTC market to reduce price pressure, made a mocking comment about the German national football team:

The reason the German team lost the game in this European Championship might be because they sold too much Bitcoin.

😂😂😂

Crypto News | Lessons ✅️

How the Solana Office Has Changed in 5 Years Since the Project's Launch

They started, as it should be— in a garage.😎

Starting in a garage is almost a rite of passage for many tech startups. 🚀

Crypto News | Lessons ✅️