Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Let’s face it. Most of us see Crypto as a investment like stocks not a currency.

While this sub actively wants that as many countries and people as possible would use Crypto as an actually currency so that it replaces the dollar in a more decentralized way. On the other side we all also want that Crypto just keeps doing 10x every year so that we make a lot of money.…
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Wonky Mars Protocol launch shows ecosystem expansion may not add to network value

Terra’s “liquidity bootstrapping pools” were meant to prevent DeFi protocol token pump and dumps at launch but the model is not as effective as expected.

West Ham United Announces Fetch.ai as their Official Artificial Intelligence Partner

Fetch.ai is West Ham United’s exclusive official artificial intelligence partner and the premier league’s giant non-exclusive Official Global Partner. Under the deal, Fetch.ai has also been designated as West Ham United Women’s football club’s non-exclusive official partner. Through this partnership, Fetch.ai and West Ham United will leverage and promote the impact of artificial intelligence in enhancing businesses and daily lives. Fetch.ai Brand to be Displayed in West Ham United LEDs Subsequently, West Ham United will promote the Fetch.ai brand and its products in their mega London Stadium on their LED perimeter advertising boards and displays, marketing Fetch.ai’s smart parking concept, upcoming social media platform, and future smart solutions. West Ham United’s London Stadium at the Queen Elizabeth Olympic Park has a capacity of 67,000 fans. It is larger than Tottenham Hotspur’s £1 billion stadium. In London, the West Ham United’s mega stadium is only second after Wembley and Twickenham stadiums. Nathan Thompson, the Commercial Director of West Ham United, said he was delighted with the partnership. “We are delighted to announce our first Official Artificial Intelligence Partner and welcome Fetch.ai to the Club at an exciting time for the business, and the industry. We’re looking forward to working with Fetch.ai on their smart parking concept, social media platform, and upcoming projects that will provide smart solutions for fans.” Using Artificial Intelligence to Drive Crypto Solutions The developers of Fetch.ai are firm believers that smart contracts can, as their name implies, be smart. Fetch.ai integrates artificial intelligence and machine learning for the building and deployment of smart code to deliver enhanced service delivery for users, businesses, and organizations. Through their secure and decentralized blockchain, Fetch.ai can securely launch their Autonomous Economic Agents (AEA)—representing connected devices, users, or organizations—and act on their behalf on the Fetch.ai network. These agents depend on artificial intelligence and are created as digital citizens. They are tasked with securely and instantaneously connecting to vast data sources and hardware environments, effectively eliminating the need for aggregators. Therefore, by using artificial intelligence solutions in creative ways, the founder of Fetch.ai, Humayun Sheikh, believes it will power the “future of world-class Premier League football” for fans in the U.K. and worldwide.        

Biggest Movers: WAVES up 50% on Tuesday, as RUNE and LUNA Move Higher

WAVES was undoubtedly Tuesday’s biggest gainer, climbing by as much as 50% during the session. Gains in WAVES came as well, as LUNA once again overtook SOL as the world’s eighth-largest cryptocurrency. RUNE was also a big mover today. WAVES WAVES was easily the biggest gainer during Tuesday’s trading session, as it rose to a […]

CTFC looks at expanded authority to regulate crypto, for less than a 10% budget increase

The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers.

Ronin had 9 validators (wow!)…and the team controlled all of it.. and still managed to get hacked! What a joke

This is what Ronin's team looks like. When you do all the work yourself Now there is almost $600m worth coins stolen from this shit show that the hacker will be looking to dump. While CEX have blacklisted the hacker's address already, nothing is stopping him from dumping all of it on DEX. He can…
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A lot of great options for Crypto Mining

submitted by /u/RadishSubject7823 [link] [comments]

Liquidations Continue To Rock The Market As Bitcoin Breaks $47,000

Bitcoin liquidations had ramped up on Monday as the price of the digital asset had gone up drastically. These traders had been liquidated very fast with millions of dollars gone in a matter of minutes. However, it did not end there, given that the price of the cryptocurrency has not slowed down since then. And as the price of bitcoin has continued to grow, the liquidations have not slowed down either. Bitcoin Liquidations On The Rise Although the current liquidations are not as high as that recorded on Monday, they are still significant nonetheless. These liquidations had touched as high as $140 million for bitcoin, and once again have beat the $100 million mark in 24 hours. Related Reading | Why Bitcoin Could See A 2020 Like Rally Most of these are short traders who had bet on the price of bitcoin coming down. As always, the market will do what it does and had gone in the opposite direction. But even after the expected slow down after surging past $46,000. Instead, the digital asset had continued on its recovery trend. After successfully breaking above $47,000, the short liquidations had ramped up once more. BTC settles above $47,000 | Source: BTCUSD on TradingView.com In the last 12 hours, BTC alone has seen more than $14 million in liquidations. While the 24-hour time frame paints a grimmer picture. Over $119 million in liquidations have been recorded in the past day. Most of these have been from short traders who have been betting against the recovery trend. As the price of BTC barrels toward $48,000 once more, the short liquidation trend may be far from over. Ethereum Traders Get Rekt In the past day, Ethereum traders have gotten the short end of the stick compared to bitcoin traders. These short traders saw the worst of it as more than $25 million was lost in less than an hour. It quickly put ETH ahead of the curve when it comes to liquidations given that most of the liquidations have come from ETH traders. For the largest single liquidation in the past day, ETH also took the cake. This time around, there was a single trade worth $10.10 million that was liquidated. This took place on the FTX exchange across the ETH-PERP trading pair. It ran up the numbers for Ethereum, with $25.07 million and $50.41 million liquidated in the past one and four hours respectively at the time of writing this article. ETH liquidations surpass bitcoin | Source: Coinglass On the 12-hour scale, there have been a total of $55.70 million in liquidations for Ethereum. Additionally, the number for the last 24 hours now sits at $145.47 million, more than $20 million higher than that recorded for bitcoin. Related Reading | Price Analysis: Dogecoin Appreciates, Where’s It Headed Next? Total market liquidations have all come out to $441.11 million in the last day. With a total of 84,388 traders liquidated and counting. Featured image from MARCA, chart from TradingView.com

MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan

The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy’s current 125,051 BTC holdings worth roughly $6 billion.