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Biggest Movers: RUNE Rallies on Friday, With KDA Climbing Over 10%

Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains.

Thorchain (RUNE)Thorchain (RUNE) rose for the second time in the last three days, as it continues to move towards entering the cryptocurrency top 50.Following a low of $4.82 on Thursday, RUNE/USD rose to an intraday high of $:$6.27 today, which is its highest level since January 17. As of writing this, RUNE is trading nearly 13% higher, following an earlier breakout of its recent ceiling at $5.50.Looking at the chart, today’s surge has seen the 14-day RSI climb to a one-week high of 63, which has also historically been a resistance level. In the event that price strength is able to move past this point, there is a strong chance that bulls could be targeting the $7.15 ceiling.

Kadena (KDA)
Fake Azuki NFT Airdrop Posted on Hacked Indian Government’s Twitter Account

An unidentified attacker tried to scam users with a dubious NFT airdrop after hacking several verified Twitter accounts over the past few days. The hacker lured unsuspecting collectors by leveraging popular names in the non fungible token space like Azuki and Bored Apes Yacht Club (BAYC).

The first attack supposedly involved the official account of Chief Minister Yogi Adityanath who governs India’s fourth-largest state by land area – Uttar Pradesh. According to a tweet from the state government, the hacker gained access to Adityanath’s verified profile Saturday (April 9, 2022) and published some tweets.
Transient (TSCT) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, May. 6, 2022 – LBank Exchange, a global digital asset trading platform, has listed Transient (TSCT) on May 6, 2022. For all users of LBank Exchange, the TSCT/USDT trading pair is now officially available for trading.

As a global dApp marketplace, Transient (TSCT) is here to power entertainment and business with its dApps including Splash, Core, NDA, and many more. Its native token TSCT has been listed on LBank Exchange at 21:00 (UTC+8) on May 6, 2022, to further expand its global reach and help it achieve its vision.
Coinweb is one of the most promising projects

Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Bill Seeking Two-Year Bitcoin Mining Ban Just Passed In New York State Senate

The New York State Senate voted to pass a bill early on Friday that would essentially put a two-year ban on all new proof-of-work (PoW) bitcoin mining facilities within the state that utilize non-renewable energy to power their activities.

New York Senate Passes Ban On New Bitcoin Mining Plants That Don’t Use Green EnergyBitcoin network’s high energy consumption was one of the hottest topics in 2021, with the likes of Tesla’s Elon Musk fueling the idea that BTC in its current form is bad for the environment.

Legislators in New York have been pushing for several months to temporarily suspend crypto mining in the state before a comprehensive study could be completed. On Friday morning, members of the state Senate approved legislation targeting proof-of-work mining.
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Celsius Network Reportedly Lays Off 25% of its Workforce

Summary:

Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce.The team behind the lending platform had last month hired restructuring advisors.Celsius Network has also put forward three proposals for rebuilding through Bnk to The Future Capital: a restructuring to launch Celsius, a pool of most influential whales in Bitcoin to co-invest with the community, and an operational plan that allows a new entity to rebuild and make depositors whole.The crypto lending platform Celsius Network has allegedly laid off 150 employees who constitute 25% of its workforce. According to a report by CalCalistech.com, the laid-off employees include those residing in Israel, where the company has an office. The team at WuBlockchain also shared similar news of layoffs at Celsius through the following tweet.

Lending platform Celsius has laid off about 150 employees, including those in Israel, according to Israeli media Calcalistech. The layoffs represent about a quarter of Celsius' total workforce. Many of Celsius' businesses are run by third-party platforms. https://t.co/dZtQG35mRE
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!

Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.

CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.

When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!

Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.

The metauniverse is scheduled to launch on September 1.
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!

Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.

Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Tom Brady Featured in New FTX Crypto Commercial

American football star Tom Brady – who has recently become the celebrity front man for FTX, a new yet increasingly-popular digital currency exchange – was recently featured in an odd, yet interesting advertisement for the platform in which he melted a block of ice containing a single bitcoin with a flamethrower, thus symbolizing that no crypto winter can stop the space from flourishing.

Tom Brady Is Seen Promoting FTXIn the ad, Brady is seen standing next to a pool. He shoots fire out from his weapon at a block of ice. Once it was melted, viewers saw that the ice contained a single BTC unit. Brady then states:

A lot of people think this is how you mine bitcoin, but you don’t need a flamethrower to buy, sell, or trade bitcoin and crypto safely.
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!

Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch

Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return of the misappropriated bitcoins,” the lawsuit details.

Coinberry Sues Users to Get Bitcoin BackCanadian cryptocurrency exchange Coinberry has reportedly sued its customers who took advantage of its software glitch and obtained bitcoin without paying.

Coinberry, a regulated crypto trading platform, is owned by Vancouver-based Wonderfi Technologies Inc., a company backed by Shark Tank star Kevin O’Leary.
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules

Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s military escalation in Ukraine.

Major Crypto Platforms Conform to EU Measures, Restrict Services for Russian Users Over Ukraine WarAbout a week after the European Union introduced another set of measures aimed at hurting Russia’s economy and finances, including its access to the crypto market, a number of service providers in the industry have taken steps to comply with the new requirements. In April, the bloc banned only high-value services, those for digital assets exceeding €10,000 in value ($11,000 at the time). Last Thursday, Brussels prohibited the provision of all crypto-related services to Russian residents and entities, regardless of the amount.

Localbitcoins, the peer-to-peer exchange platform, has recently told Russian citizens it can no longer offer them its services, Forklog reported. The only exception that can be made is for persons that also hold a passport issued by a country from the European Economic Area (EU member states plus Iceland, Liechtenstein, and Norway) and Switzerland, those who have a permanent residence permit in these jurisdictions.
Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa

Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of Ripple’s partnership with MSF Africa, which has 800 payment corridors across the continent, will ostensibly see the whole region getting a chance to reap “the financially inclusive benefits.”

Enabling Faster, Low-Cost RemittancesThe United States-based technology company, Ripple, announced on Nov. 14 that it had formed a partnership with MSF Africa that is expected to help “streamline [MSF Africa’s] real-time mobile payments for their customers across 35 countries.” As part of the agreement, MSF Africa, a leading fintech group on the continent, will use Ripple’s crypto solution known as on-demand liquidity (ODL).
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors

The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator.

Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies for ‘Safekeeping’The Securities Commission of the Bahamas (SCB) announced Thursday that it has taken “the action of directing the transfer of all digital assets of FTX Digital Markets Ltd. (FDM) to a digital wallet controlled by the Commission, for safekeeping.” FTX Digital Markets is the Bahamian subsidiary of Sam Bankman-Fried’s FTX Trading Ltd., which owns and operates the crypto trading platform FTX.com.
EOS Price Analysis: Bearish Turn Below $0.9, Support Nearby

EOS price is struggling below $0.90 against the US Dollar, similar to bitcoin. The price might attempt to rise if there is a clear move above $0.905.

EOS Price AnalysisEarlier this month, EOS price saw a major decline below the $1.00 zone against the US Dollar. The price traded below the $0.95 and $0.92 levels to enter a bearish zone.

The pair accelerated lower below the $0.90 support zone and settled well below the 55 simple moving average (4-hours). It traded as low as $0.8306 and recently started an upside correction. There was a minor move above the $0.850 resistance zone.
Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in response, stressing that the U.S. has a “catastrophic debt problem.”

Chinese Embassy in Zambia Denounces U.S. Debt Limit and Yellen’s Recent CommentsLast week, U.S. Treasury Secretary Janet Yellen urged Congress to increase the government’s spending limit or the country could face default on its debts. She also noted that the Treasury would have to leverage “extraordinary measures” to keep the debt at bay until early June 2023. Federal financial data indicates that the country’s debt surpassed $31.4 trillion earlier this week. Yellen also made comments about Zambia on Monday, after meeting with Chinese officials in Zurich the week prior.

“I specifically raised the issue with Zambia (with Chinese officials) and asked for their cooperation in trying to reach a speedy resolution. And our talks were constructive,” Yellen is cited as saying in a report published by Reuters. On the other hand, Zambian finance minister Situmbeko Musokotwane said the meeting with Yellen and Chinese officials did not reach a conclusion in regard to a debt restructuring process. The Chinese Embassy in Zambia then reproached the issue in direct response to Yellen’s commentary and said that the U.S. needs to fix its own debt problems.
“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes A Swipe At US Regulators

Michael Sonnenshein has criticized the SEC’s regulatory approach, describing it as shallow and one-sided.He calls for the SEC to work round the clock to remove bad actors from the industry but should not hinder the growth of digital assets. Debate on the thin line between proper and excessive burdensome regulation considering the nature of digital assets, makes rounds in the industry.Grayscale Investments CEO Michael Sonnenshein joins the bandwagon of industry players to call out the U.S. Securities and Exchange Commission (SEC) over its regulatory practices in the sector.

In his recent letter published in the Wall Street Journal, Sonnenshein stated that the SEC’s approach to digital asset firms had stalled the growth of Bitcoin (BTC) in the country. He concurs with the widespread allegations that the SEC is “late to the game” with its regulations leading to the collapse of FTX.
DeFiChain To Sponsor the National Fighting Championship in Germany

March 7, 2023 – Singapore, Singapore

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the NFC (National Fighting Championship) this year.The NFC is the German version of the widely known UFC, in charge of the MMA (mixed martial arts) fighting league in Germany.

NFC is the biggest German MMA league, with the latest NFC event – NFC 10 – reaching more than 10 million viewers worldwide. It is hosting six live events in 2023, and each event attracts 2,500 to 6,000 fans onsite. The fights are also broadcast on German television on Sport1 as well as on social media.
Uwerx (WERX) 2023 Presale Stirring Up Attention; DOGE, SHIB Holders’ Bags Get Heavy

2021 was the height of the meme coin frenzy – with Dogecoin (DOGE) and Shiba Inu (SHIB) figuring among the most prominent meme coins that anybody and everybody with a passing interest in the cryptocurrency have heard of. However, with thousands of cryptocurrencies launching each day, it’s hard to identify meme coins that will deliver the same amount of hype and utility that mainstays like Shiba Inu (SHIB) and Dogecoin (DOGE) have delivered. Fortunately, our top crypto experts have identified a cryptocurrency just in its presale phase that can bring home the bacon for long-suffering crypto enthusiasts in 2023: Uwerx (WERX). Here’s why.