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Singapore Based Crypto Exchange Bybit Expands to Argentina.
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.
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Cypherpunk dumps Bitcoin and Ether to avoid more drawdowns.
Cypherpunk Holdings Inc. has liquidated all of its Bitcoin and Ethereum treasury holdings, the Canadian investment firm said on Tuesday.
🔹Cypherpunk chief executive officer Jeff Gao said the firm maintains its long-term bullish outlook on cryptocurrencies.
🔹The company said it sold 205.8209 ETH and 214.7203 BTC to snap up CA$6.389 million (US$4.9 million) in total proceeds.
Cypherpunk Holdings Inc. has liquidated all of its Bitcoin and Ethereum treasury holdings, the Canadian investment firm said on Tuesday.
🔹Cypherpunk chief executive officer Jeff Gao said the firm maintains its long-term bullish outlook on cryptocurrencies.
🔹The company said it sold 205.8209 ETH and 214.7203 BTC to snap up CA$6.389 million (US$4.9 million) in total proceeds.
NFT giant OpenSea reports major email data breach.
OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea's users and newsletter subscribers with an unauthorized external party, the world's largest NFT marketplace said Wednesday night.
The scale of the security breach appears massive. "If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said, adding that it's working with Customer.io in an ongoing investigation and has reported the incident to law enforcement.
OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea's users and newsletter subscribers with an unauthorized external party, the world's largest NFT marketplace said Wednesday night.
The scale of the security breach appears massive. "If you have shared your email with OpenSea in the past, you should assume you were impacted," the company said, adding that it's working with Customer.io in an ongoing investigation and has reported the incident to law enforcement.
Samsung To Make Chips That Can Power Bitcoin Mining.
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday.
Samsung’s capacity to produce 3-nanometer processors is likely to alleviate some Bitcoin mining difficulties.
In comparison to the 5nm process, the first-generation 3nm technology can cut power usage by up to 45 percent, boost performance by 23 percent, and decrease area size by 16 percent.
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday.
Samsung’s capacity to produce 3-nanometer processors is likely to alleviate some Bitcoin mining difficulties.
In comparison to the 5nm process, the first-generation 3nm technology can cut power usage by up to 45 percent, boost performance by 23 percent, and decrease area size by 16 percent.
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low.
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022.
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022.
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The first IDO was $0.01, the exchange is now $0.1, this is X10
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Chat and channel
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Meta announce closing its cryptocurrency project in September.
Meta has now announced that its Novi pilot will be shut down on September 1. Novi is a money transfer service that uses the company’s own cryptocurrency digital wallet. Novi previously used Meta’s own cryptocurrency digital wallet to provide transfer services. It applies Novi-related technologies to the Metaverse and other products. Meta’s cryptocurrency project has been hit with attacks from the U.S. Congress in times past. The company is now finally taking the bold step by shutting down the rest of the project.
Meta spokesperson claims that the company does plan to use Novi’s technology in future products, such as in its original universe project. Starting July 21, users will no longer be able to add funds to their accounts. The company advises that users withdraw their balance as soon as possible. After the test period, users will not be able to access their transaction history or other data.
Meta has now announced that its Novi pilot will be shut down on September 1. Novi is a money transfer service that uses the company’s own cryptocurrency digital wallet. Novi previously used Meta’s own cryptocurrency digital wallet to provide transfer services. It applies Novi-related technologies to the Metaverse and other products. Meta’s cryptocurrency project has been hit with attacks from the U.S. Congress in times past. The company is now finally taking the bold step by shutting down the rest of the project.
Meta spokesperson claims that the company does plan to use Novi’s technology in future products, such as in its original universe project. Starting July 21, users will no longer be able to add funds to their accounts. The company advises that users withdraw their balance as soon as possible. After the test period, users will not be able to access their transaction history or other data.
OpenSea Co-Founder Steps Down to Focus on New Projects.
OpenSea, Alex Atallah – one of the co-founders of OpenSea – will be stepping down in August in order to focus on new ventures. He announced his decision on Twitter, sharing his letter with the rest of the OpenSea team.First and foremost, he claimed his decision to step down came from a desire to continue innovating in other areas.
OpenSea, Alex Atallah – one of the co-founders of OpenSea – will be stepping down in August in order to focus on new ventures. He announced his decision on Twitter, sharing his letter with the rest of the OpenSea team.First and foremost, he claimed his decision to step down came from a desire to continue innovating in other areas.
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow.
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee.
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee.
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NFT Sales Are Down 92% During Broader Crypto Downturn.
Data research firm Chainalysis reports that NFT sales totaled $1 billion in June. That’s their worst performance since June 2021, when sales were $648m. NFT sales reached their peak in 2022, with sales totaling $12.6 billion that month.
NFTs rely on blockchain technology, which is a decentralized ledger to track ownership. Most NFTs are based on the Ethereum blockchain, but music NFT companies like LimeWire and Napster are looking at proof of stake blockchains like Alogrand. NFT sales reached $40 billion in 2021 and the 2022 data has already exceeded that figure at $42 billion. But sales in January and February 2022 accounted for more than half of the 2022 total, according to Chainalysis data. The crypto bubble may have popped due to several factors.
Data research firm Chainalysis reports that NFT sales totaled $1 billion in June. That’s their worst performance since June 2021, when sales were $648m. NFT sales reached their peak in 2022, with sales totaling $12.6 billion that month.
NFTs rely on blockchain technology, which is a decentralized ledger to track ownership. Most NFTs are based on the Ethereum blockchain, but music NFT companies like LimeWire and Napster are looking at proof of stake blockchains like Alogrand. NFT sales reached $40 billion in 2021 and the 2022 data has already exceeded that figure at $42 billion. But sales in January and February 2022 accounted for more than half of the 2022 total, according to Chainalysis data. The crypto bubble may have popped due to several factors.
ADA Can Now Be Purchased via Bank Card on Biggest Cardano NFT Marketplace.
Cardano's largest NFT marketplace, JPG Store, announced the integration of MoonPay payment service into its platform. With the new solution, users will be able to buy ADA tokens directly using their bank cards, as well as ApplePay or GooglePay.At the same time, JPG Store specifies that purchasing ADA via MoonPay is available only for certain regions and, in particular, is designed more for the user from the United States. MoonPay itself requires a KYC procedure, and it is better to use a debit card when using the service.
Cardano's largest NFT marketplace, JPG Store, announced the integration of MoonPay payment service into its platform. With the new solution, users will be able to buy ADA tokens directly using their bank cards, as well as ApplePay or GooglePay.At the same time, JPG Store specifies that purchasing ADA via MoonPay is available only for certain regions and, in particular, is designed more for the user from the United States. MoonPay itself requires a KYC procedure, and it is better to use a debit card when using the service.
Venezuela Ranks Third Among Countries With Most Crypto Adoption.
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic was one of the main catalysts for this growth.
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic was one of the main catalysts for this growth.
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Perhaps you have thought about placing ads on it?
To do this, follow three simple steps:
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If the topic of your post fits our channel, we will publish it with pleasure.
Celo blockchain suffers a critical network outage.
The Celo blockchain is facing downtime after the production of new blocks on the network stopped all of a sudden. The network came to a halt at block #14,035,19 at 06:20 p.m. ET on Wednesday. Meanwhile, all of the various applications on the chain remain unusable.
According to its official block explorer, Celo's proof-of-stake network could not validate new transactions for over nine hours until block production was restored for a few minutes at 3:39 a.m. ET on Thursday. However, the chain froze again at block #14,035,044.
The Celo blockchain is facing downtime after the production of new blocks on the network stopped all of a sudden. The network came to a halt at block #14,035,19 at 06:20 p.m. ET on Wednesday. Meanwhile, all of the various applications on the chain remain unusable.
According to its official block explorer, Celo's proof-of-stake network could not validate new transactions for over nine hours until block production was restored for a few minutes at 3:39 a.m. ET on Thursday. However, the chain froze again at block #14,035,044.