Author: dfmines

Cryptocurrency News and Public Mining Pools

FUFU Raises $1.7m From Major Investors to Develop the Next Generation Content Marketing Platform

UwUFUFU.com, a content marketing platform, has successfully raised $1.7 million USD from early investors. Adopting the play-to-earn mechanism in the form of viral quizzes, anyone can create, play, share quizzes and earn NFTs through FUFU’s reward system. NFTs on FUFU function as a collectible and a potential membership to gain access for future events, drops, […]

Crypto feels like the last hope.

As a millennial I feel like the world is against us. Homes cost 10x what our parents paid while wages have barly increased. The cost of living is becoming insane or rather is insane. Even with a well paying job I find myself living check to check and in credit card debt. I invest what…
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Ethereum Foundation backs Spruce’s vision for decentralized identity verification

Spruce hopes its Ethereum-powered sign-in system can offer a decentralized alternative to the data-harvesting identity services offered by tech giants.

MrBeast reveals that Gary Vee is responsible for pumping CryptoPunks

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Nearly $1 Billion Worth of Ethereum (ETH) Now Taken Out Of Circulation

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SEC takes action against Chinese billionaire's companies over $500M offerings

The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings.

Apparently, Our Theory About The Fake Banksy NFT Was Incorrect. Here’s New Info

A couple of weeks ago, a hacker with a heart of gold sold a fake Banksy NFT for 100 ETH and then gave the money back. They advertised the auction through Banksy’s official site. If the NFT was fake, someone hacked that site. Which seemed unlikely. Also, there is the issue of the alias that the scammed NFT collector uses. Pranksy, a play on words referencing the elusive graffiti artist Banksy mixed with the word “prank.” Which is what this whole situation was, a prank.  Too many coincidences. Suspicious, we posed our theory: “Was Pranksy targeted by Banksy and his team? If Banksy wanted to create worldwide headlines and comment on the NFT boom at the same time, a notorious art collector was the missing ingredient. Pransky’s prominence in the NFT community mixed with his name makes him an ideal target.” It seemed to fit, but the case of the fake Banksy NFT never ceases to amaze.  Security Experts Warned Banksy About His Website’s Vulnerability Luckily for us, the BBC is on the case. They interviewed Sam Curry, “a professional ethical hacker from the US and founder of security consultancy Palisade.” There seem to be too many “ethical hackers” in this story, but ok… Curry told them: “I was in a security forum and multiple people were posting links to the site. I’d clicked one and immediately saw it was vulnerable, so I reached out to Banksy’s team via email as I wasn’t sure if anyone else had. “They didn’t respond over email, so I tried a few other ways to contact them including their Instagram, but never received a response.” These things happen. How many emails does Banksy’s team get? Did it pass their spam folder? Can we be sure they read it on time? The suspicious thing, though, is Mr. Curry’s description of the site’s vulnerability. It:  “allowed you to create arbitrary files on the website” and post your own pages and content. So, the flaw permitted the hackers to do exactly what they needed to do to advertise the fake Banksy NFT auction and not much more, huh? Interesting. ETH price chart on FTX | Source: ETH/USD on TradingView.com Banksy Isn’t Responsible For The Fake Banksy NFT, Experts Say Neither the artist’s official website nor the Pest Control website even acknowledge the fake Banksy NFT. Something doesn’t feel right here. The BBC felt our uneasiness and tried to put our concerns to rest. They consulted two Banksy experts and they both thought that the shoe didn’t fit. According to them, the elusive graffiti artist is not the mastermind behind the whole event. This is not a “Banksy stunt.” Professor Paul Gough, “principal and vice-chancellor of Arts University Bournemouth,” goes first: “I don’t see it as a Banksy prank. The timing for me doesn’t work right, the context doesn’t feel appropriate. He’s just done his ‘Spraycation’ stunt where he bombed 10 sites in East Anglia, and put out a video on social media about it. “That is a pretty major stunt and takes a lot of organising by a very professional crew, so I just don’t think the timings right here so soon after that.” Here’s the Spraycation video, dated August 13th, 2021: It does seem like a “major stunt.” Does that mean that the fake Banksy NFT operation is out of the question? Or did Banksy went to work immediately after finishing his spraycation? Did the elusive graffiti artist strike again in the digital realm? Second at bat is John Brandler, a Banksy collector, who provides another reason why the situation is not an original Banksy:  “Banksy’s stunts are not malicious and they don’t hurt people.” Good point, but let’s be honest, the incident didn’t really hurt Pranksy. The NFT collector got his ETH back,  was the subject of worldwide headlines, and still got to keep the fake Banksy NFT. It may be worth something, someday.  Or is this the last we’re going to hear about the fake Banksy NFT? Featured Image: Screenshot of the fake Banksy NFT | Charts by TradingView

Harmony & Polygon Bridge is Live with Anyswap

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If someone forced you to sell everything you have in Eth today, what would you do with the cash?

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TA: Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $46K

Bitcoin price is facing hurdles near the $46,000 zone against the US Dollar. BTC could start a major decline if it continues to struggle near the $46,000 zone. Bitcoin is facing a major resistance near $45,600 and $46,200 levels. The price is now trading below $45,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $46,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $46,000 resistance zone to start a steady increase in the near term. Bitcoin Price Faces Hurdles Bitcoin price extended its decline below the $45,000 level. BTC even spiked below the $44,200 support level and settled below the 100 hourly simple moving average. However, there was no downside continuation below $43,500. A low was formed near $43,374 and the price started a steady recovery. There was a break above the $44,200 resistance level. The price broke the 50% Fib retracement level of the recent drop from the $46,879 high to $43,374 low. It is now facing a strong resistance near $45,500 and the 100 hourly simple moving average. The 61.8% Fib retracement level of the recent drop from the $46,879 high to $43,374 low is also acting as a resistance near the $45,550 level. Source: BTCUSD on TradingView.com The main resistance is still near the $46,000 zone. To move into a positive zone, bitcoin must clear the 100 hourly SMA, the trend line zone, and $46,000. The next major resistance is forming near the $47,350 level, above which the price could rise towards the key $48,500 resistance in the near term. More Losses In BTC? If bitcoin fails to clear the $46,000 resistance zone, it could resume its decline. An immediate support on the downside is near the $44,600 level. The first major support is near the $44,200 level. The next key support seems to be forming near the $43,400 level. If there is a downside break below the $43,400 support zone, the price could extend its decline. The next major support on the downside could be $42,000. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now just above the 50 level. Major Support Levels – $44,200, followed by $43,400. Major Resistance Levels – $45,550, $46,000 and $46,200.