💥 Cryptocurrency price dynamics 04.05.2022💥
Almost all crypto-assets in the top 10 by market capitalization are in the "red zone" today:
⬆️ Polkadot showed the biggest gain : +0.5%,
⬇️ Avalanche showed the biggest loss : -2.0%.
🔴 BTC - $ 38 402,39 (-0.2%)
🔴 ETH - $ 2 816,32 (-0.9%)
🔴 BNB - $ 387,96 (-0.4%)
🔴 XRP - $ 0,611115 (-1.1%)
🔴 SOL - $ 86,72 (-2.0%)
🔴 LUNA - $ 84,62 (-0.3%)
🔴 ADA - $ 0,784115 (-0.8%)
🔴 DOGE - $ 0,131251 (-1.2%)
🟢 DOT - $ 15,21 (+0.5%)
🔴 AVAX - $ 60,55 (-2.0%)
Almost all crypto-assets in the top 10 by market capitalization are in the "red zone" today:
⬆️ Polkadot showed the biggest gain : +0.5%,
⬇️ Avalanche showed the biggest loss : -2.0%.
🔴 BTC - $ 38 402,39 (-0.2%)
🔴 ETH - $ 2 816,32 (-0.9%)
🔴 BNB - $ 387,96 (-0.4%)
🔴 XRP - $ 0,611115 (-1.1%)
🔴 SOL - $ 86,72 (-2.0%)
🔴 LUNA - $ 84,62 (-0.3%)
🔴 ADA - $ 0,784115 (-0.8%)
🔴 DOGE - $ 0,131251 (-1.2%)
🟢 DOT - $ 15,21 (+0.5%)
🔴 AVAX - $ 60,55 (-2.0%)
💭Tesla said they believe in the potential of digital assets
💰Tesla has submitted its 2022 first quarter earnings report to the US Securities and Exchange Commission (SEC). It says the company believes “in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash.” According to the document, Tesla has cryptocurrency holdings totaling $1,26 billion.
https://getblock.net/en/news/tesla-said-they-believe-in-the-potential-of-digital-assets/
💰Tesla has submitted its 2022 first quarter earnings report to the US Securities and Exchange Commission (SEC). It says the company believes “in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash.” According to the document, Tesla has cryptocurrency holdings totaling $1,26 billion.
https://getblock.net/en/news/tesla-said-they-believe-in-the-potential-of-digital-assets/
🎮Square Enix sold subsidiary studios to invest in blockchain technologies
💸Square Enix, a Japanese developer company, has sold its subsidiary studios to invest in “blockchain, AI, and the cloud.” According to a company report, the sale of Crystal Dynamics, responsible for developing the Tomb Raider game series, as well as two other studios, Eidos-Montréal and Square Enix Montréal, brought in $300 million.
💸Square Enix, a Japanese developer company, has sold its subsidiary studios to invest in “blockchain, AI, and the cloud.” According to a company report, the sale of Crystal Dynamics, responsible for developing the Tomb Raider game series, as well as two other studios, Eidos-Montréal and Square Enix Montréal, brought in $300 million.
✅Argentina’s two largest banks allowed cryptocurrency trading
📊Argentina’s two largest private banks, Banco Galicia and Brubank, have allowed customers to trade cryptocurrency, Bloomberg reports. Ignacio Carballo, an affiliate at research firm Americas Market Intelligence, posted a screenshot of Banco Galicia’s app interface on Twitter, showing the feature to buy BTC, ETH, USDC, and XRP.
https://getblock.net/en/news/argentinas-two-largest-banks-allowed-cryptocurrency-trading
📊Argentina’s two largest private banks, Banco Galicia and Brubank, have allowed customers to trade cryptocurrency, Bloomberg reports. Ignacio Carballo, an affiliate at research firm Americas Market Intelligence, posted a screenshot of Banco Galicia’s app interface on Twitter, showing the feature to buy BTC, ETH, USDC, and XRP.
https://getblock.net/en/news/argentinas-two-largest-banks-allowed-cryptocurrency-trading
🇺🇸SEC to hire more employees to fight digital fraud
💼 The US Securities and Exchange Commission (SEC) will increase the number of employees at its dedicated Crypto Assets and Cyber Unit to combat digital fraud, The Wall Street Journal reports. The agency will hire 20 investigators and litigators to oversee “of unregulated $1,7 trillion cryptocurrency market.”
https://getblock.net/en/news/sec-to-hire-more-employees-to-fight-digital-fraud/
💼 The US Securities and Exchange Commission (SEC) will increase the number of employees at its dedicated Crypto Assets and Cyber Unit to combat digital fraud, The Wall Street Journal reports. The agency will hire 20 investigators and litigators to oversee “of unregulated $1,7 trillion cryptocurrency market.”
https://getblock.net/en/news/sec-to-hire-more-employees-to-fight-digital-fraud/
🔓More than $1,6 billion has been stolen from DeFi protocols since the beginning of 2022
💸In the first four months of 2022, $1,67 billion was stolen from DeFi protocols. According to a report by the cybersecurity company CertiK, the largest amount stolen during March was $719,2 million. The figure for that month surpassed the total losses from hacking for all of 2020 by $200 million.
https://getblock.net/en/news/more-than-16-billion-has-been-stolen-from-defi-protocols-since-the-beginning-of-2022/
💸In the first four months of 2022, $1,67 billion was stolen from DeFi protocols. According to a report by the cybersecurity company CertiK, the largest amount stolen during March was $719,2 million. The figure for that month surpassed the total losses from hacking for all of 2020 by $200 million.
https://getblock.net/en/news/more-than-16-billion-has-been-stolen-from-defi-protocols-since-the-beginning-of-2022/
📈Annual volume of transactions on the RippleNet platform reached $15 billion
💰The RippleNet platform recorded a record volume of transactions for the year. According to a published report, it has reached $15 billion. The bulk of the transaction volume passed through the On-Demand Liquidity (ODL) service.
https://getblock.net/en/news/annual-volume-of-transactions-on-the-ripplenet-platform-reached-15-billion
💰The RippleNet platform recorded a record volume of transactions for the year. According to a published report, it has reached $15 billion. The bulk of the transaction volume passed through the On-Demand Liquidity (ODL) service.
https://getblock.net/en/news/annual-volume-of-transactions-on-the-ripplenet-platform-reached-15-billion
🤝Coinbase became a partner of Goldman Sachs in issuing Bitcoin-backed loans
📊US cryptocurrency exchange Coinbase has entered into a partnership with the investment bank Goldman Sachs as part of a project to issue loans secured by bitcoins.
https://getblock.net/en/news/coinbase-became-a-partner-of-goldman-sachs-in-issuing-bitcoin-backed-loans
📊US cryptocurrency exchange Coinbase has entered into a partnership with the investment bank Goldman Sachs as part of a project to issue loans secured by bitcoins.
https://getblock.net/en/news/coinbase-became-a-partner-of-goldman-sachs-in-issuing-bitcoin-backed-loans
❌Bloomberg: Coinbase refused to buy shares of Brazilian crypto firm 2TM
☝️US cryptocurrency exchange Coinbase has refused to buy shares of Mercado Bitcoin, a Brazilian cryptocurrency broker from 2TM. This is reported by Bloomberg, citing its own sources.
https://getblock.net/en/news/bloomberg-coinbase-refused-to-buy-shares-of-brazilian-crypto-firm-2tm
☝️US cryptocurrency exchange Coinbase has refused to buy shares of Mercado Bitcoin, a Brazilian cryptocurrency broker from 2TM. This is reported by Bloomberg, citing its own sources.
https://getblock.net/en/news/bloomberg-coinbase-refused-to-buy-shares-of-brazilian-crypto-firm-2tm
📊Bitcoin funds faced the biggest weekly capital outflow since June 2021
💰Last week, $133 million was withdrawn from bitcoin funds, the largest capital outflow since June 2021. The data comes from the latest version of CoinShares’s analytical report.
https://getblock.net/en/news/bitcoin-funds-faced-the-biggest-weekly-capital-outflow-since-june-2021
💰Last week, $133 million was withdrawn from bitcoin funds, the largest capital outflow since June 2021. The data comes from the latest version of CoinShares’s analytical report.
https://getblock.net/en/news/bitcoin-funds-faced-the-biggest-weekly-capital-outflow-since-june-2021
⏰South Korea’s President delayed the introduction of a tax on crypto investment gains
💭South Korea’s newly elected president Yoon Suk-yeol has said that he would push to delay the introduction of a tax on crypto investment gains until consumer rights are protected. This is reported by CoinTelegraph.
https://getblock.net/en/news/south-koreas-president-delayed-the-introduction-of-a-tax-on-crypto-investment-gains
💭South Korea’s newly elected president Yoon Suk-yeol has said that he would push to delay the introduction of a tax on crypto investment gains until consumer rights are protected. This is reported by CoinTelegraph.
https://getblock.net/en/news/south-koreas-president-delayed-the-introduction-of-a-tax-on-crypto-investment-gains
☝Vitalik Buterin: cryptocurrency transfer fees should be below 5 cents
🗣Ethereum co-founder Vitalik Buterin wrote on Twitter that the fee for transferring funds in the blockchain should be less than $0,05. Buterin believes that Ethereum is “definitely making great progress” in this area. He noted that proto-danksharding may partially solve the problem of high fees on the main network.
https://getblock.net/en/news/vitalik-buterin-cryptocurrency-transfer-fees-should-be-below-5-cents
🗣Ethereum co-founder Vitalik Buterin wrote on Twitter that the fee for transferring funds in the blockchain should be less than $0,05. Buterin believes that Ethereum is “definitely making great progress” in this area. He noted that proto-danksharding may partially solve the problem of high fees on the main network.
https://getblock.net/en/news/vitalik-buterin-cryptocurrency-transfer-fees-should-be-below-5-cents
⚖️DeFi protocol bZx is being sued for platform hacking
💰Customers of the hacked bZx DeFi protocol have sued the platform and are seeking refunds. The class action lawsuit, filed on May 2 in the Southern District Court in California, lists 14 victims who claim to have lost between $800 000 and $450 000 because of the hacking of the platform. The total amount of damage is $1,6 million, Blockworks reports.
https://getblock.net/en/news/defi-protocol-bzx-is-being-sued-for-platform-hacking
💰Customers of the hacked bZx DeFi protocol have sued the platform and are seeking refunds. The class action lawsuit, filed on May 2 in the Southern District Court in California, lists 14 victims who claim to have lost between $800 000 and $450 000 because of the hacking of the platform. The total amount of damage is $1,6 million, Blockworks reports.
https://getblock.net/en/news/defi-protocol-bzx-is-being-sued-for-platform-hacking
🇰🇿Kazakhstan set new requirements for miners
⛏The Minister of Digital Development of Kazakhstan Bagdat Musin has amended the rules for informing about mining activities. Individuals who plan to mine cryptocurrencies now need to notify the ministry and provide it with details. 30 days before the start of mining, the following must be provided: the contact details of the miner (including bank details), the required capacity to connect the equipment, the details of the devices, the amount of the planned investments, the IP address, information about the place of work and the document confirming the ownership of the equipment.
https://getblock.net/en/news/kazakhstan-set-new-requirements-for-miners/
⛏The Minister of Digital Development of Kazakhstan Bagdat Musin has amended the rules for informing about mining activities. Individuals who plan to mine cryptocurrencies now need to notify the ministry and provide it with details. 30 days before the start of mining, the following must be provided: the contact details of the miner (including bank details), the required capacity to connect the equipment, the details of the devices, the amount of the planned investments, the IP address, information about the place of work and the document confirming the ownership of the equipment.
https://getblock.net/en/news/kazakhstan-set-new-requirements-for-miners/
⚠️Malwarebytes warned of an increase in the number of phishing attacks through fake cryptocurrency airdrops
👾The number of phishing attacks through fake airdrops has increased, according to Malwarebytes Labs, a cybersecurity company. The most common phishing tactic involves the use of fraudulent websites that mimic real companies or NFT collections. Most often, attackers fake the Bored Ape Yacht Club (BAYC) project.
https://getblock.net/en/news/malwarebytes-warned-of-an-increase-in-the-number-of-phishing-attacks-through-fake-cryptocurrency-airdrops
👾The number of phishing attacks through fake airdrops has increased, according to Malwarebytes Labs, a cybersecurity company. The most common phishing tactic involves the use of fraudulent websites that mimic real companies or NFT collections. Most often, attackers fake the Bored Ape Yacht Club (BAYC) project.
https://getblock.net/en/news/malwarebytes-warned-of-an-increase-in-the-number-of-phishing-attacks-through-fake-cryptocurrency-airdrops
🔑AI leaked crypto wallet users’ private keys
💻Copilot, an AI code writing assistant developed by OpenAI and GitHub, has learned to pick up private keys from existing crypto wallets. One of the developers said that while Copilot was running, it suddenly suggested something similar to a private key, and when checked, it turned out to be associated with a real address, The Register reports. Artificial intelligence likely retrieved data from public repositories of the GitHub service.
https://getblock.net/en/news/ai-leaked-crypto-wallet-users-private-keys
💻Copilot, an AI code writing assistant developed by OpenAI and GitHub, has learned to pick up private keys from existing crypto wallets. One of the developers said that while Copilot was running, it suddenly suggested something similar to a private key, and when checked, it turned out to be associated with a real address, The Register reports. Artificial intelligence likely retrieved data from public repositories of the GitHub service.
https://getblock.net/en/news/ai-leaked-crypto-wallet-users-private-keys
🐵APE token rose in price by 20% after Elon Musk’s changing avatar to NFT from the BAYC collection on Twitter
🚀Tesla and SpaceX CEO changed his Twitter avatar to an NFT from the Bored Ape Yacht Club (BAYC) collection, causing the price of the native token ApeCoin (APE) to rise by 20%. On May 4, the value of APE rose from $14,52 to $17,65. As of 4 pm, the native token is trading at $15,59 (according to Binance).
https://getblock.net/en/news/ape-token-rose-in-price-by-20-after-elon-musks-changing-avatar-to-nft-from-the-bayc-collection-on-twitter
🚀Tesla and SpaceX CEO changed his Twitter avatar to an NFT from the Bored Ape Yacht Club (BAYC) collection, causing the price of the native token ApeCoin (APE) to rise by 20%. On May 4, the value of APE rose from $14,52 to $17,65. As of 4 pm, the native token is trading at $15,59 (according to Binance).
https://getblock.net/en/news/ape-token-rose-in-price-by-20-after-elon-musks-changing-avatar-to-nft-from-the-bayc-collection-on-twitter
💥 Cryptocurrency price dynamics 05.05.2022💥
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Avalanche showed the highest growth for the day: + 10.9%
🟢 BTC - $ 39 560,49 (+3.0%)
🟢 ETH - $ 2 930,67 (+4.0%)
🟢 BNB - $ 400,44 (+3.2%)
🟢 SOL - $ 92,64 (+7.1%)
🟢 XRP - $ 0,643464 (+5.4%)
🟢 LUNA - $ 85,91 (+1.5%)
🟢 ADA - $ 0,863377 (+10.1%)
🟢 AVAX - $ 67,02 (+10.9%)
🟢 DOT - $ 16,17 (+6.3%)
🟢 DOGE - $ 0,134626 (+3.3%)
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Avalanche showed the highest growth for the day: + 10.9%
🟢 BTC - $ 39 560,49 (+3.0%)
🟢 ETH - $ 2 930,67 (+4.0%)
🟢 BNB - $ 400,44 (+3.2%)
🟢 SOL - $ 92,64 (+7.1%)
🟢 XRP - $ 0,643464 (+5.4%)
🟢 LUNA - $ 85,91 (+1.5%)
🟢 ADA - $ 0,863377 (+10.1%)
🟢 AVAX - $ 67,02 (+10.9%)
🟢 DOT - $ 16,17 (+6.3%)
🟢 DOGE - $ 0,134626 (+3.3%)
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🇺🇸Senator Cynthia Lummis proposed equating cryptocurrencies with traditional assets in the United States
☝️Wyoming Senator Cynthia Lummis has revealed details of a bill on the regulation of cryptocurrencies, which she plans to introduce by the end of 2022. According to her, the document will adapt the US legal framework so that cryptocurrencies and traditional assets fall under similar regulatory categories. However, there will be nothing about NFTs in the bill, as it is unclear how to classify them. Lummis made this known in an interview with Axios.
https://getblock.net/en/news/senator-cynthia-lummis-proposed-equating-cryptocurrencies-with-traditional-assets-in-the-united-states/
☝️Wyoming Senator Cynthia Lummis has revealed details of a bill on the regulation of cryptocurrencies, which she plans to introduce by the end of 2022. According to her, the document will adapt the US legal framework so that cryptocurrencies and traditional assets fall under similar regulatory categories. However, there will be nothing about NFTs in the bill, as it is unclear how to classify them. Lummis made this known in an interview with Axios.
https://getblock.net/en/news/senator-cynthia-lummis-proposed-equating-cryptocurrencies-with-traditional-assets-in-the-united-states/
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💰US Police Retirement Fund to invest in cryptocurrencies
💭Fairfax County Police Officers Retirement System in Virginia is considering investing in two cryptocurrency funds that provide the service of yield farming. This was stated by the agency’s chief investment officer, Katherine Molnar. She reported that the funds would be used to provide liquidity on decentralized crypto exchanges. Molnar told about this at the Milken Institute Global Conference in Los Angeles, Bloomberg reports.
https://getblock.net/en/news/us-police-retirement-fund-to-invest-in-cryptocurrencies
💭Fairfax County Police Officers Retirement System in Virginia is considering investing in two cryptocurrency funds that provide the service of yield farming. This was stated by the agency’s chief investment officer, Katherine Molnar. She reported that the funds would be used to provide liquidity on decentralized crypto exchanges. Molnar told about this at the Milken Institute Global Conference in Los Angeles, Bloomberg reports.
https://getblock.net/en/news/us-police-retirement-fund-to-invest-in-cryptocurrencies
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☝Crypto exchange Kraken to launch NFT marketplace
📢The Kraken cryptocurrency exchange has announced the creation of its own NFT marketplace with no transaction fees. The company labeled the platform as the complete solution for exploring, storing, and securing NFT collections. In a press release, the exchange’s representatives invited users to sign up for a wait list for the launch of the marketplace. The launch date is not yet known.
https://getblock.net/en/news/crypto-exchange-kraken-to-launch-nft-marketplace
📢The Kraken cryptocurrency exchange has announced the creation of its own NFT marketplace with no transaction fees. The company labeled the platform as the complete solution for exploring, storing, and securing NFT collections. In a press release, the exchange’s representatives invited users to sign up for a wait list for the launch of the marketplace. The launch date is not yet known.
https://getblock.net/en/news/crypto-exchange-kraken-to-launch-nft-marketplace
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