Forwarded from Canva (Ragdeos)
Verge (XVG), the cryptocurrency now infamous for its links to the porn industry, is on the up again — thanks to a classic fiat money scandal.
As adult entertainment giant Pornhub confirmed this week, payment providers Visa and MasterCard are no longer servicing its payments, leaving only cryptocurrency for its roughly 120 million daily visitors.
As adult entertainment giant Pornhub confirmed this week, payment providers Visa and MasterCard are no longer servicing its payments, leaving only cryptocurrency for its roughly 120 million daily visitors.
Forwarded from Canva (Ragdeos)
Sweden’s government will start exploring the feasibility of having the country move to a digital currency, marking another step into the unknown for the world’s most cashless society.
Per Bolund, financial markets minister, said a review launched on Friday is expected to be completed by the end of November in 2022. Anna Kinberg Batra, a former chairwoman of the Riksbank’s finance committee, will lead the inquiry.
Per Bolund, financial markets minister, said a review launched on Friday is expected to be completed by the end of November in 2022. Anna Kinberg Batra, a former chairwoman of the Riksbank’s finance committee, will lead the inquiry.
Forwarded from Canva (Ragdeos)
Thief Steals USD 8.2m From Nexus Mutual Founder in a 'Targeted Attack'
There's been another theft in the Cryptoverse - this time a 'personal' one, as attackers have taken more than USD 8.2m from the account of Hugh Karp, the founder of decentralized finance (DeFi) insurance protocol Nexus Mutual.
Nexus Mutual announced the news in a Twitter post today, stating that Karp's "personal address was attacked and drained by a member of the mutual." They stated that only this particular address was affected in "this targeted attack and there is no subsequent risk to Nexus Mutual or any members," adding that "the mutual is not impacted; the pool of funds and all systems are safe."
According to the transaction details, NXM 370,000 was taken, worth some 8.25m. Per CoinGecko.com, the price of the coin dropped less than 1% in the past 24 hours, and 4.7% in a week, to the current price of USD 22.3 (at 12:32 UTC).
A part of the stolen funds is already being exchanged, said the protocol.
There's been another theft in the Cryptoverse - this time a 'personal' one, as attackers have taken more than USD 8.2m from the account of Hugh Karp, the founder of decentralized finance (DeFi) insurance protocol Nexus Mutual.
Nexus Mutual announced the news in a Twitter post today, stating that Karp's "personal address was attacked and drained by a member of the mutual." They stated that only this particular address was affected in "this targeted attack and there is no subsequent risk to Nexus Mutual or any members," adding that "the mutual is not impacted; the pool of funds and all systems are safe."
According to the transaction details, NXM 370,000 was taken, worth some 8.25m. Per CoinGecko.com, the price of the coin dropped less than 1% in the past 24 hours, and 4.7% in a week, to the current price of USD 22.3 (at 12:32 UTC).
A part of the stolen funds is already being exchanged, said the protocol.
Forwarded from Canva (Ragdeos)
PARABOLA IMMINENT: ETHEREUM’S ACCUMULATION RANGE WAS BIGGER THAN BTC’S
Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends
This level has held strong on multiple occasions as resistance, which would make any break above it technically significant
One trader is now noting that a serious move higher could be imminent for Eth in the near-term
He points to a macro accumulation range that Ethereum is just starting to exit, noting that it was within this range for a longer period of time than BTC was in its range
If it posts a firm break above this range – as Bitcoin recently did – it could mean that a massive upside movement is imminent in the near-term
Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends
This level has held strong on multiple occasions as resistance, which would make any break above it technically significant
One trader is now noting that a serious move higher could be imminent for Eth in the near-term
He points to a macro accumulation range that Ethereum is just starting to exit, noting that it was within this range for a longer period of time than BTC was in its range
If it posts a firm break above this range – as Bitcoin recently did – it could mean that a massive upside movement is imminent in the near-term
Forwarded from Canva (Ragdeos)
Bitcoin’s “Realized” Price and Capitalization Hits Another All-Time High
Bitcoin’s “realized” price hit another all-time high of $7,670.15, according to Glassnode. Realized price refers to the value of coins that are actively used. Also Bitcoin’s “realized” capitalization hit an all-time high of $142.43 billion, Glassnode announced. Bitcoin hitting high price reflects a healthy market records and massive interest in Crypto especially decentralized finance and interest from institutional investors has led more people to invest in the cryptocurrency.
Bitcoin’s “realized” price hit another all-time high of $7,670.15, according to Glassnode. Realized price refers to the value of coins that are actively used. Also Bitcoin’s “realized” capitalization hit an all-time high of $142.43 billion, Glassnode announced. Bitcoin hitting high price reflects a healthy market records and massive interest in Crypto especially decentralized finance and interest from institutional investors has led more people to invest in the cryptocurrency.
YFDAI welcomes @TheCryptoDog to the family who will be joining as Ambassador. He brings with him a wealth of expertise from his years of working with leading projects and exchanges in the space.
The Dog will have two main objectives while working with us at YFDAI:
1. Lead YFDAI's efforts to build a presence and community in the Asian crypto space via his HK-based accelerator.
2. Act as an ambassador by keeping his audience informed on YFDAI's goals & progress.
The Dog and the whole YFDAI team are looking forward to the coming months as we continue to build on the #1 community-first DeFi platform.
Big moves by YFDAI - Things are hotting up!
Join YFDAI Telegram to find out more:
https://t.me/yfdaifinance
The Dog will have two main objectives while working with us at YFDAI:
1. Lead YFDAI's efforts to build a presence and community in the Asian crypto space via his HK-based accelerator.
2. Act as an ambassador by keeping his audience informed on YFDAI's goals & progress.
The Dog and the whole YFDAI team are looking forward to the coming months as we continue to build on the #1 community-first DeFi platform.
Big moves by YFDAI - Things are hotting up!
Join YFDAI Telegram to find out more:
https://t.me/yfdaifinance
The cornerstone to any successful decentralized protocol is the people. Being a project that's been created by the people and for the people, YFDAI understands that community governance is key not only to the project's existence but to the community's foundation.
YFDAI are happy to announce that the YFDAI governance model will be live by January 4th, 2021. The launch of our governance model will provide you, the community, the opportunity to have your say and help guide YFDAI to reach beyond its fullest potential!
Having community governance is crucial for any DeFi protocol as it helps scale decentralization and makes the community in charge of future growth rather than a select few. We are excited for this step forward and to begin working with you, as a team.
Find out more here
https://t.me/yfdaifinance
YFDAI are happy to announce that the YFDAI governance model will be live by January 4th, 2021. The launch of our governance model will provide you, the community, the opportunity to have your say and help guide YFDAI to reach beyond its fullest potential!
Having community governance is crucial for any DeFi protocol as it helps scale decentralization and makes the community in charge of future growth rather than a select few. We are excited for this step forward and to begin working with you, as a team.
Find out more here
https://t.me/yfdaifinance
Forwarded from Canva (Ragdeos)
Oasis Labs to Coinbase on the map and there basically sharing same wifi.
Coinbase co founder has around 500m of 1.5b tokens in supply apparently.
Coinbase co founder has around 500m of 1.5b tokens in supply apparently.
Forwarded from Canva (Ragdeos)
$1,200 U.S. Stimulus Of April Now Worth $4,200 in BTC, New Stimulus Loading
Second round of stimulus payments was approved by the United States Congress this week and there is renewed talks that people will use the government payments to buy Bitcoin. The newly issued stimulus will give $600 to qualified persons and $1,200 to married couples, with $600 for minors. The First $1200 stimulus in April is now worth $4200 in bitcoin. People will receive their share in coming weeks. Those who received initial stimulus might be ineligible for the Current one.
Second round of stimulus payments was approved by the United States Congress this week and there is renewed talks that people will use the government payments to buy Bitcoin. The newly issued stimulus will give $600 to qualified persons and $1,200 to married couples, with $600 for minors. The First $1200 stimulus in April is now worth $4200 in bitcoin. People will receive their share in coming weeks. Those who received initial stimulus might be ineligible for the Current one.
Forwarded from Canva (Ragdeos)
$BTC
Bitcoin price achieved a new all-time high at $25,945 following a large short squeeze in the futures market.
As Bitcoin nears $26K, BTC may break $40K in the next impulse wave.
Bitcoin price achieved a new all-time high at $25,945 following a large short squeeze in the futures market.
As Bitcoin nears $26K, BTC may break $40K in the next impulse wave.