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Crypto-Heists-Explained-How-to-Avoid-Crypto-Hacks
Crypto Heists Explained: How to Avoid Crypto Hacks

Nomad Token Bridge lost over $190 million due to a fault in its security. The exploit began with one hacker and led to hundreds others.  The platform was left with $1,000 and Redditors discuss the need to prioritize security. Nomad Token Bridge suffered a drastic hit when the platform was syphoned over $190 million in crypto. The Coinbase and OpenSea-backed platform lost its assets over a series of transactions.   In detail, the exploit is what Redditors on the CryptoCurrency thread are calling ‘the first truly decentralized robbery’. To highlight, Nomad Token Bridge went from having $190,740,000 to $1,000 in just

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Redditors-Recognize-Signs-for-Crypto-Bull-Market-Start
Redditors Recognize Signs for Crypto Bull Market Start

Two posts on Reddit indicate the onset of a crypto bull market.  The first post says Bitcoin (BTC) will have monthly gains to rival that of October 2021.  The second post highlights signs for the commencement of a crypto bull market. As 2022 settles deeper into Q3, the market seems to be leaning towards bright green signs for the crypto industry. Indeed, it looks like the stoic crypto winter is finally at an end. Crypto Redditers discuss the clear and high signs of the onset of a crypto bull market.  To highlight, two posts on the CryptoCurrency Reddit thread have

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FIL,-ETC,-and-ICP-Boost-to-Over-+70%
FIL, ETC, and ICP Boost to Over +70%. Will You Buy or Not?

FIL, ETC, BTG, LDO, and ICP boosts market price Bitcoin nearly reached $24K USDC might flip USDT The cryptocurrency space never fails to surprise its investors with its impressive performance. Filecoin and Ethereum classic are some of the top cryptocurrencies that stormed the crypto market today. Source: CoinGecko As seen in the chart above, cryptocurrencies such as Filecoin, Ethereum Classic, Bitcoin Gold, Lido DAO, and Internet Computer recorded a huge growth rate averaging from +27% to +76% in the past 7 days. Best of all, this aggressive performance was performed by these cryptocurrencies despite the market carnage nowadays.  Meanwhile, Bitcoin,

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nft.tiffany
NTFiff Taking NFTs to a Whole New Level

Tiffany & Co is a world-renowned luxury jewelry and specialty retailer. The pendant will also be made of gold, stones, and enamel. Punk Ventures says that they want to show that NFTs can be used for more than speculation. Tiffany & Co. has launched “NFTiff,” a collection of 250 NFT passes that can be minted and redeemed by CryptoPunks members to create a unique pendant and an NFT digital artwork. The pendant will be designed and made by Tiffany & Co. artists, who will take inspiration from the Cryptopunk owner’s Punk NFT and translate the 87 qualities and 159 hues

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Ether-derivatives-trading-is-surging
Ethereum Derivatives Trading Is Surging

Ether derivatives trading is surging amid increased interest. Large traders increasingly speculate on the cryptocurrency’s upcoming transition. Open interest in ether options across top-tier exchanges increases. The value of ether, the native cryptocurrency of the Ethereum network, has surged in recent months as the network has become increasingly popular with developers and businesses. Interest in ether derivatives, which allow investors to bet on the future price of the currency, has also been growing rapidly. Ether-based derivatives are heating up as large traders increasingly speculate on the cryptocurrency’s upcoming transition from proof-of-work to proof-of-stake. Large hedge funds and other institutional investors

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Ethereum-Is-Driven-by-Utility-and-Functionality
Ethereum Is Driven by Utility and Functionality

Ether is the native asset of the Ethereum platform. Transferring Ether from one wallet to another is relatively inexpensive. People want to hold Ether similar to how people want to hold oil. Ether is the native asset of the Ethereum platform, meaning it’s used in order to process any transaction or state change on the blockchain. Users and developers use Ether as “gas” in order to “fuel” the applications that run on Ethereum; this “gas” is sent to the miners as a reward for validating the transaction.Each computation has a set gas price, meaning that the more complex the transaction,

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CoinShares-Predicts-Bitcoin-Pump-Amid-Economic-Recession (
CoinShares Predicts Bitcoin Pump Amid Economic Recession

CoinShares sees that Bitcoin will rally amid economic recession. In particular, BTC will benefit from increasing interest rates and a weak dollar. The firm considers BTC as a “good insurance policy” amid the market uncertainty. CoinShares, a pioneer in digital asset investing, believes that the recession in the United States could lead Bitcoin into a bullish trend. In a Twitter thread post, CoinShares expound how the meeting of economic factors and government policy decisions are going to benefit Bitcoin, specifically in terms of its performance as the US enters the recession. The digital asset management firm predicts that Bitcoin will

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11-Year-Cryptocurrency-Prediction-Turning-into-Reality
11-Year Cryptocurrency Prediction Turning into Reality

11 years have surpassed since the prediction was done. Bitcoin mining is dominated by a handful of large companies. We’ve seen a dramatic shift in the bitcoin mining landscape. In 2011, a Reddit user made a post on the bitcoin subreddit that accurately predicted the future of bitcoin mining and renewable energy. In his post, the user argued that as bitcoin mining difficulty increased, miners would eventually turn to alternative energy sources such as solar and wind power.  He also predicted that the mining industry would consolidate into a few large players who could afford to invest in renewable energy.

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Addresses-Holding-0.1+-Bitcoin-Hit-a-New-All-Time-High
Addresses Holding 0.1+ Bitcoin Hit a New All-Time High

The number of addresses with 0.1 or more bitcoin has reached a new all-time high of over 3.7 million. This is a very positive sign for the future of cryptocurrency. Bitcoin’s market dominance is currently at 67.7%. The number of addresses holding 0.1+ bitcoin just hit a new all-time high of over 3.7 Million. That’s an increase of roughly 1 Million addresses in just the past six months. This is a testament to the growing interest and adoption of Bitcoin, as more and more people are becoming aware of its potential as a store of value and investment asset. The

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Maximalist-Opens-up-Against-Ethereum;-Reports
BTC Maximalist Michael Saylor Opens up Against Ether

Michael Saylor opened up on why he believes Ethereum is unethical. Saylor claims that the securities laws have their basis in the Decalogue. The basis of securities laws is thou shall not lie, cheat or steal. In a recent tweet, noted cypherpunk Michael Saylor opened up on why he believes Ethereum is unethical. Saylor, the CEO of enterprise software company MicroStrategy, has been an outspoken critic of Ethereum and other cryptocurrencies. In his tweet, Saylor said that Ethereum is “inherently unethical” because its existence violates securities laws. He added that Ethereum is “a textbook example of fraud.” Saylor’s comments come

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Mining-Bitcoin-Now-Costs-$13K-Now,-Dropped-From-$24K-in-June
Increased Risk Sentiment Might Prompt Bitcoin’s Sell Off

Market events, such as FOMC meeting, CPI and employment data, might trigger a strong crypto sell off. In addition, the US is now in recession. Bitcoin’s price today shows strong support despite these events. Over the past week, Bitcoin experienced a downward trajectory after running into the $24,000 resistance. The recent upward run of Bitcoin, as it slowly recovers from June’s meltdown, continuously retests the resistance.  However, recent market events show Bitcoin’s unreliability and there’s a high chance it might lose its support. These events include the Federal Open Market Committee (FOMC) meeting and reports such as Consumer Price Index

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New-Data-Shows-USDC-To-Surpass-USDT-as-Top-Stablecoin
New Data Shows USDC To Surpass USDT as Top Stablecoin

Report from Arcane Research shows stablecoin USDC to be the top soon. USDC’s growth rate increased by 70%, while USDT is down by 28.7%. The CEO of Blockstream criticized the report, saying looking at market cap only is “highly misleading.” USDT (Tether) and USDC (USD Coin) are the two largest stablecoins right now. Both stablecoins have a combined share of over 80% of the total stablecoin supply in the market. Currently, Tether USDT is sitting at the top for it holds over 50% of the total stablecoin supply, followed by USDC which was nearly at 30%. However, a report from

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