Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Akira, the ransomware that stole $42 million from over 250 organizations across North America, Europe and Australia within a year, is now actively targeting businesses in Singapore.
Singaporean authorities issued a joint advisory alerting local businesses about the rising threat of an Akira ransomware variant.
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
Singaporean authorities issued a joint advisory alerting local businesses about the rising threat of an Akira ransomware variant.
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Donald Trump: “I will end Joe Biden's war on crypto and we will ensure that the future of crypto and the future of Bitcoin will be made in America.”
See the video of Donald Trump's speech on our Instagram
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
See the video of Donald Trump's speech on our Instagram
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Alloy by Tether offers more than just aUSD₮; it provides an open platform for developing a variety of collateralized synthetic assets, including products that generate yield.
By using Tether Gold (XAU₮) as collateral, users can generate aUSD₮, facilitating digital transactions, payments, and remittances without the need to sell XAU₮.
The value of aUSD₮ is pegged to the USD, and it is overcollateralized by Tether Gold, which is backed by physical gold stored in Switzerland.
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
By using Tether Gold (XAU₮) as collateral, users can generate aUSD₮, facilitating digital transactions, payments, and remittances without the need to sell XAU₮.
The value of aUSD₮ is pegged to the USD, and it is overcollateralized by Tether Gold, which is backed by physical gold stored in Switzerland.
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Amid the news of Mt. Gox refunded former customers and the German government sold $150 million worth of Bitcoin, with $645 million liquidated from the crypto market in the last 24 hours.
Have you been liquid in the last 24 hours? 🤯
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
Have you been liquid in the last 24 hours? 🤯
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
International soccer legend Lionel Messi has jumped on the meme bandwagon and is promoting a Solana-based memecoin called WaterCoin (WATER) through his Instagram Stories.
According to WaterCoin's documentation, the project is focused on raising awareness for water-related issues, with the goal of becoming a full-fledged ecological coin in the future.
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
According to WaterCoin's documentation, the project is focused on raising awareness for water-related issues, with the goal of becoming a full-fledged ecological coin in the future.
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
The German government has sold all its Bitcoin, sending 3,846 BTC ($223.8 million) to Kraken and other addresses, so it now has 0 BTC in its wallet.
This means that the German government has sold almost 50,000 Bitcoins in just 1 month
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
This means that the German government has sold almost 50,000 Bitcoins in just 1 month
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
During a recent CNBC interview, the CEO of BlackRock, Larry Fink, said he was “wrong” about Bitcoin before calling the decentralized asset “digital gold” and a “legitimate” financial instrument.
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing his mind about Bitcoin
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
The head of the $10.6-trillion asset management firm told CNBC’s Jim Cramer, “I was a skeptic, a proud skeptic,” before studying the nascent asset and changing his mind about Bitcoin
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Ferrari, the Italian luxury sports car producer, is preparing to expand its cryptocurrency payment system to Europe following a successful launch in the United States.
Ferrari will extend its crypto payment feature to its network of European dealers from the end of July 2024, the firm officially announced on July 24
Follow @OriNeko for more crypto updates. Join📷 our Instagram to get free market insights
#Neko101 @OriNeko
Ferrari will extend its crypto payment feature to its network of European dealers from the end of July 2024, the firm officially announced on July 24
Follow @OriNeko for more crypto updates. Join
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
What is liquid staking?
Liquid staking is a rapidly growing solution for locking up a user's tokens and contributing to the security of proof of stake blockchains. With liquid staking, participants can stake directly on a PoS network without compromising their ability to transfer ownership of their staked tokens by generating a transferable liquid staking token (LST), which demonstrates ownership of staked tokens and any network rewards accrued to those tokens.
Whereas traditional methods of staking are subject to bonding and unbonding periods (ranging from days to weeks), liquid staking provides stakers with increased liquidity and capital efficiency. Token holders stake their token and receive a receipt token as evidence of their ownership of their staked token. The receipt token can be transferred, stored, traded, and utilized in DeFi or supported dapps.
#Neko101 @OriNeko
Liquid staking is a rapidly growing solution for locking up a user's tokens and contributing to the security of proof of stake blockchains. With liquid staking, participants can stake directly on a PoS network without compromising their ability to transfer ownership of their staked tokens by generating a transferable liquid staking token (LST), which demonstrates ownership of staked tokens and any network rewards accrued to those tokens.
Whereas traditional methods of staking are subject to bonding and unbonding periods (ranging from days to weeks), liquid staking provides stakers with increased liquidity and capital efficiency. Token holders stake their token and receive a receipt token as evidence of their ownership of their staked token. The receipt token can be transferred, stored, traded, and utilized in DeFi or supported dapps.
#Neko101 @OriNeko
How Does Liquid Staking Work?
Put simply, there are three key phases of liquid staking: the staking of the asset, then the issuing of liquid staking tokens (or LSTs) and finally the unstaking. It sounds simple, and largely, it is. So let’s see how these processes work together to provide stakers with extra liquidity.
🎥 Staking
Simply, the Liquid staking platforms then use these funds for native staking. This means they use your funds to secure a proof-of-stake blockchain, for which it receives rewards in the form of newly minted crypto. In return, the platform periodically distributes portions of these rewards to the users staking assets on that platform. Users then receive these rewards in the form of more tokens (LSTs).
🎥 Unstaking
So, what happens when a user wants their coins back? That’s where the unstaking process comes in. To explain, when a user wants to unstake their coins, they must burn the liquid staking tokens (LSTs). To do so, the platform will usually require the user to send the tokens to a specific address. From there, the staking platform verifies the assets are burned by checking the transaction on-chain. If the transaction is valid, the user receives their newly unstaked coins. It’s really as simple as that. However, it’s important to note that doing so usually costs a fee, and it’s not always cheap.
🎥 Liquidity
The biggest advantage of liquid staking is simply the liquidity; you can use your staked tokens just like any other digital asset. That means you can still sell your tokens, swap them or even give them to someone else. While staking usually means these assets are locked up in a smart contract, liquid staking allows you to use the receipt tokens (or LSTs) for other means, thus providing the user with liquidity—and who wouldn’t want more of that?
🎥 Rewards
One of the biggest benefits of liquid staking is the increased rewards. Firstly, you receive rewards just for liquid staking. Then, since this allows you to use your receipt tokens in DeFi, it’s also possible to increase the rewards you make without investing additional assets. For example, say you stake 1ETH on a liquid staking platform and then receive the LSTs in return. You will receive rewards for staking the original tokens, but you can actually use these LSTs on other staking platforms and receive even more rewards. If you do it intelligently, you can make much more passive income on the same investment than is possible with traditional finance or interest from banking services.
#Neko101 @OriNeko
Put simply, there are three key phases of liquid staking: the staking of the asset, then the issuing of liquid staking tokens (or LSTs) and finally the unstaking. It sounds simple, and largely, it is. So let’s see how these processes work together to provide stakers with extra liquidity.
Simply, the Liquid staking platforms then use these funds for native staking. This means they use your funds to secure a proof-of-stake blockchain, for which it receives rewards in the form of newly minted crypto. In return, the platform periodically distributes portions of these rewards to the users staking assets on that platform. Users then receive these rewards in the form of more tokens (LSTs).
So, what happens when a user wants their coins back? That’s where the unstaking process comes in. To explain, when a user wants to unstake their coins, they must burn the liquid staking tokens (LSTs). To do so, the platform will usually require the user to send the tokens to a specific address. From there, the staking platform verifies the assets are burned by checking the transaction on-chain. If the transaction is valid, the user receives their newly unstaked coins. It’s really as simple as that. However, it’s important to note that doing so usually costs a fee, and it’s not always cheap.
The biggest advantage of liquid staking is simply the liquidity; you can use your staked tokens just like any other digital asset. That means you can still sell your tokens, swap them or even give them to someone else. While staking usually means these assets are locked up in a smart contract, liquid staking allows you to use the receipt tokens (or LSTs) for other means, thus providing the user with liquidity—and who wouldn’t want more of that?
One of the biggest benefits of liquid staking is the increased rewards. Firstly, you receive rewards just for liquid staking. Then, since this allows you to use your receipt tokens in DeFi, it’s also possible to increase the rewards you make without investing additional assets. For example, say you stake 1ETH on a liquid staking platform and then receive the LSTs in return. You will receive rewards for staking the original tokens, but you can actually use these LSTs on other staking platforms and receive even more rewards. If you do it intelligently, you can make much more passive income on the same investment than is possible with traditional finance or interest from banking services.
#Neko101 @OriNeko
Please open Telegram to view this post
VIEW IN TELEGRAM
Neko 🐯
Hey everyone. happy weekend, I've got two options for us to talk about defi. Pick the one you're interested in discussing.
APR Explained
APR (Annual Percentage Rate) is a common measurement used by banks when presenting loan options to clients,cand you’ll also find it in DeFi.
APR is the interest rate you’ll earn per year on your sum. The defining feature of this measure is how that interest is calculated: it’s a function of the principal sum only, and does not take into account interest already earned on the same sum. Let’s show that using an example.
Say you make your crypto (equal in value to 10,000 USD) available for a loan for three years, and it has a return of 5% APR.
Each year, you will make a return of 5% of the original sum loaned – in this case, 500 USD. So by the end of a three-year investment, you will have made 1500 USD, and you’ll also have your original sum back too.
#Neko101 @OriNeko
APR (Annual Percentage Rate) is a common measurement used by banks when presenting loan options to clients,cand you’ll also find it in DeFi.
APR is the interest rate you’ll earn per year on your sum. The defining feature of this measure is how that interest is calculated: it’s a function of the principal sum only, and does not take into account interest already earned on the same sum. Let’s show that using an example.
Say you make your crypto (equal in value to 10,000 USD) available for a loan for three years, and it has a return of 5% APR.
Each year, you will make a return of 5% of the original sum loaned – in this case, 500 USD. So by the end of a three-year investment, you will have made 1500 USD, and you’ll also have your original sum back too.
#Neko101 @OriNeko