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Trader Who Called Bitcoin Bottom Predicts This Blazing Altcoin Will Overtake Binance Coin

Pseudonymous cryptocurrency trader Smart Contracter says one red-hot altcoin is poised to continue its meteoric ascent and become the fourth-largest crypto asset by market cap.

Smart Contracter, who correctly predicted Bitcoin’s bottom in 2018, tells his 161,000 Twitter followers that Solana’s market capitalization is destined to exceed that of Binance Coin (BNB).
Infura releases public version of its Ethereum transaction relaying service

Infura, a ConsenSys service that provides a suite of blockchain developer tools, today announced the public release of its Ethereum transaction relaying service, Infura Transactions (ITX). ITX makes sending transactions easier for the developer such as handling stuck transactions, managing nonces, and gradually bumping the tip to entice block producers to prioritize their transaction.

While EIP-1559 has helped DApp developers avoid overpaying gas fees to get their transactions mined most of the time, ITX helps prevent fee overpayment when the Ethereum network is highly congested.
Liti Capital Launches ScamBusters to tackle Crypto Fraud

Geneva, Switzerland — September 22, 2021: Liti Capital SA, the Swiss-based litigation funding provider disrupting private equity investing with blockchain technology, is launching ScamBusters, a revolutionary new tool that allows users to vote for which crypto-focused cases the company should pursue next.

Devoted to fighting fraud
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%

While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from $171 billion.

Defi Tokens Skyrocket, Total Value Locked in Dapps Grows to $195 Billion, Axie Infinity, Shiba Inu See Top GainsDigital currency markets of all sorts are seeing some gains this week and defi coins and smart contract tokens have all seen significant rises during the last seven days. Weekly metrics show that crypto-assets like QTUM spiked 42%, terra (LUNA) jumped 37%, binance coin (BNB) gained 23%, and solana (SOL) rose by 22%.

Other notable double-digit seven-day gainers include tokens like arweave (AR), DYDX, hedera (HBAR), and vechain (VET). The two mega gainers this week include axie infinity (AXS) up 119.8% and shiba inu (SHIB) up 92.3% during the last seven days. Meanwhile, the total value locked (TVL) in defi protocols today is roughly $195 billion, up more than 14% since September 18.
Forwarded from TrendGuru AI
​​A lot of good deals in September. Look at one more of them. As always, excellent performance from our TrendGuru AI.

💵💵💵
Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
💵💵💵

What Is FTM?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.

Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
Ripple Executive Departs To Join Crypto Platform With Former SEC Chairman Clayton As An Advisor

Israeli-based crypto custody provider Fireblocks has tapped a former Ripple executive.

Cassie Craddock, who joined the San Francisco-based blockchain startup in August 2017 as the firm’s manager of business development before being promoted to the director of Ripple’s Europe sales and finally as the ERG leader, is no longer with the organization.

The executive asserted on Wednesday that she was leaving to explore a “new challenge”. She will be joining Fireblocks as the company’s new director of sales.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%

Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Avalanche of Institutions To Descend on Crypto Markets Over Next 12 to 18 Months: SkyBridge Capital CEO

The CEO of global investment firm Skybridge Capital is predicting that the crypto markets will see more institutional interest in the next 12 to 18 months. 

In a new episode of The Best Business Show, Anthony Scaramucci tells host and Bitcoin bull Anthony Pompliano that more institutional investors will likely jump into the crypto bandwagon as regulators move to clear the hurdles involved in buying and holding digital assets. 

 “I’ll make a bold prediction, Anthony. I think there’s going to be institutional interests over the next 12 to 18 months because you now have gotten the regulatory box checked and that checking of that box is going to lead to institutions saying, ‘Hey I got to get in this thing. I’ve got to own a piece of this. I’ve got to understand it,’ and what would George Soros say? He would say ‘Invest and investigate later.’”

Scaramucci considers the possibility that BTC, which is currently worth $61,354.19, may trade back to $50,000, but he says that the top crypto will likely breach the six-digit mark after the U.S. Securities and Exchange Commission greenlighted the first batch of Bitcoin futures exchange-traded funds (ETF).
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Orbs, the Leading Public Blockchain Infrastructure, Introduces Its Groundbreaking Layer 3 Architecture

November 11, 2021 – Singapore, Singapore

Orbs is once again disrupting the blockchain with an entirely new proposition – that is to augment the architecture of a multichain interoperable infrastructure, which works in parallel with all the major layer 1 and layer 2 chains, like BSC, Ethereum, Solana and Avalanche, and the apps that sit on them.The Orbs chain can be considered a layer 3 chain – another layer on top of L1 and L2 layers, whereby it draws from the security of the layer 1 chains, the scalability layer of the L2 and utilizes its own smart contract deployment layer to enhance the sophistication of the functionality of EVM-compatible smart contracts.

A simple way to understand this framework is by looking at an example of a DeFi app that offers users smart vaults (e.g., Yearn Finance). The user deposits their funds into the vaults, and the algorithm manages the money – in the same way as a money manager would – by opening and closing positions.
Kenya Based Fintech Kwara Raises $4 Million in Seed Round

A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services.

The Rising Demand for Financial Services by Credit Union MembersKwara, a Kenyan fintech that focuses on helping credit unions, has raised $4 million in its latest seed round. The startup plans to use the funds to build a “neobank” app that enables individuals to sign up with their preferred credit unions to access various financial services.

The seed round was led by Breega VC firm, with the participation of Softbank Vision Fund Emerge, Finca Ventures, New General Market Partners, Globivest and Do Good Invest. Other investors include Rabacap, Launch Africa, Norrsken Impact Accelerator, Future Africa, Samurai Incubate, DOB Equity and fintech angels.
Top US Celebrities Face Lawsuit For Promoting A Now Near-Worthless “Ethereum Wannabe” EMMAX Coin

Top Hollywood reality TV star Kim Kardashian, together with American celebrity boxer, Floyd Mayweather Jr and Paul Pierce, the former NBA basketball player, have been dragged to court by a disgruntled Ethereum Max (EMMAX) investor. The plaintiff filed charges against all three celebrities for what has been described as a ruthless pump and dump, leading to huge investor losses for EMMAX.

Huegerich argued in a California court that the duo of Steve Gentle and Giovanni Perrone, Ethereum Max’s founders, had colluded with these top celebrities to briefly resuscitate their dying token to recoup their initial investments. Now granted the audience by the district court, Huegerich may set on finding a good number of aggrieved EMMAX investors to start a class action.
Solidus AI Tech Debuts Eco-Friendly Cryptocurrency, Raises $4.35m in Private AITECH Token Sale

Solidus Ai Tech is a computation network that provides processing resources to companies working on sophisticated AI projects that require a lot of it. The company’s flagship AITECH token offering raised $4,354,795 million in a private sale and is now in the second phase. The list of collaborations is already long and includes the mighty Microsoft, but new agreements like Cyber Smart Defence and award-winning digital marketing agency Crowd Create have been forged in the last month, indicating that they are really starting to push forward in both the AI and Crypto arenas.

— Solidus Ai Tech has recently introduced its Artificial Intelligence utility token AITECH, an eco-friendly cryptocurrency, as part of Solidus’ ongoing efforts to increase efficiency and reduce power usage at its High-Performance Computing (HPC) Data Centre, which operates under ISO 14001:2015.
ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices

Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX.

Due to massive surges in the trading activity of the ERC-20 token called ApeCoin (APE), gas prices on the Ethereum network increased.Data from on-chain analytics provider Nansen showed that the average price for transactions on the ETH blockchain hit as high as 340 gwei on Thursday.According to Nansen, the withdrawal and transaction of ApeCoin Token caused the gas fee of Ethereum to skyrocket, with the median soaring to 340gwei at one point. pic.twitter.com/6lTRVACwsu

— Wu Blockchain (@WuBlockchain) March 17, 2022Since its launch on Wednesday APE has also seen significant activity on centralized crypto exchanges as well. The coin reportedly reached an all-time high of $40 on FTX.Barely 24 hours after launch, APE already boasts over $100 million in trading volume, per data from CoinMarketCap. The token’s market cap also crossed $1.8 billion, a hefty 590% gain since its debut in the crypto market.ApeDAO, the decentralized organization behind ApeCoin, announced an airdrop for BAYC holders. Wallet with Mutant Apes Yacht Club and Bored Apes Kennel Club (BAKC) NFTs are also eligible to claim free tokens.The airdrop claim consisting of 15% of the total supply of ApeCoin will be made available to @BoredApeYC NFT holders (Bored Apes and Mutant Apes, as well as #BAKC dogs paired with either #BAYC or #MAYC).

— ApeCoin (@apecoin) March 16, 2022The work done by Yuga Labs is supposedly a core inspiration behind the creation of ApeCoin. Yuga Labs is credited for its multi-million dollar NFT project Bored Apes Yacht Club (BAYC) which has attracted attention from both crypto proponents and mainstream celebrities like Justin Beiber.
Twitter Board Could See their Salaries Drop to $0 if Elon Musk’s Takeover Bid Succeeds

Summary:

Elon Musk has stated that the salaries of Twitter board members ‘will be $0’ if his takeover bid succeedsElon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a ‘part-time job’The Twitter board, excluding Jack Dorsey, collectively owns 0.12% of the company, with Elon stating that their interests are not aligned with shareholdersIn a Twitter commentary earlier today, Elon Musk stated that the Twitter board salaries would be $0 if his bid to take the company private succeeds. Furthermore, Elon pointed out that reducing the wages of the Twitter board members will save the company roughly 3 million dollars annually.

Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there
Two Ethereum Rivals Are Primed To Break Out This Week, According to Top Crypto Analyst

A popular crypto strategist and trader says he’s keeping a close watch on two Ethereum challengers that he believes are poised to break out this week.

Pseudonymous analyst Pentoshi tells his 547,800 Twitter followers that the crypto markets are flashing signs of bearish exhaustion, suggesting that bulls can ignite relief rallies.
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.
Developers on Immutable X now ‘passwordless’ sign-in with Magic integration

The team of Magic, providers of an SDK that integrates with existing apps to enable passwordless web3 onboarding (no seed phrases), announced today that its passwordless email login has now been integrated for those looking to build with Immutable X, an L2 scaling solution for NFTs.

By relying on Magic’s SDK a developer can integrate passwordless login and authentication without relying on any traditional seed phrases by a user simply signing in with just their email address to further help reduce friction for users.
MRHB to Release Major Halal DeFi Solutions for Passive Crypto Income, Commodity Exchange & Staking

Dubai, United Arab Emirates, June 10th, 2022 — Ethics-focused decentralized finance platform MRHB.Network has announced three world first product/feature launches together with dozens of new enhancements to be added to their halal DeFi platform in the next six months. This announcement comes along with over a dozen more developments to be added from August onwards, which pave the way for four other major products to be launched next year.

“MRHB DeFi Network has a very strong roadmap to rapidly build out a full-featured DeFi ecosystem of ethical and halal finance solutions. The developments we are rolling out this summer will bring a wide array of functionality and utility to our platform, which we are very excited to present to our community,” said Naquib Mohammed, the project’s CEO and founder.