💸Biggest Ethereum holders started to buy the WOO Network exchange token
📊The top 100 Ethereum whales have started actively buying the utility token of the WOO Network, a decentralized exchange. During the 24 hours from June 5 to 6, the asset broke into third place in terms of the number of purchases, behind only centralized USDC and USDT stablecoins, according to WhaleStats, a blockchain explorer. As of June 6, 15:00 UTC, it is trading at $0,16, according to Binance. Aavegotchi (GHST), Synthetix (SNX), and Aave (AAVE) were also on the investors’ top.
https://getblock.net/en/news/biggest-ethereum-holders-started-to-buy-the-woo-network-exchange-token/
📊The top 100 Ethereum whales have started actively buying the utility token of the WOO Network, a decentralized exchange. During the 24 hours from June 5 to 6, the asset broke into third place in terms of the number of purchases, behind only centralized USDC and USDT stablecoins, according to WhaleStats, a blockchain explorer. As of June 6, 15:00 UTC, it is trading at $0,16, according to Binance. Aavegotchi (GHST), Synthetix (SNX), and Aave (AAVE) were also on the investors’ top.
https://getblock.net/en/news/biggest-ethereum-holders-started-to-buy-the-woo-network-exchange-token/
📊Accenture: 52% of wealthy Asian investors own cryptocurrencies
💰Analytics firm Accenture has published a report with data on the share of large Asian investors holding cryptocurrencies in their portfolios. Thus, 52% of investors owned digital assets in the first quarter of 2022. Analysts predict an increase in their number to 73% by the end of the year. More than 3 200 investors with $100 000 to $1 million in capital from China, Hong Kong, Indonesia, Japan, Malaysia, Singapore, and Thailand took part in the survey.
https://getblock.net/en/news/accenture-52-of-wealthy-asian-investors-own-cryptocurrencies/
💰Analytics firm Accenture has published a report with data on the share of large Asian investors holding cryptocurrencies in their portfolios. Thus, 52% of investors owned digital assets in the first quarter of 2022. Analysts predict an increase in their number to 73% by the end of the year. More than 3 200 investors with $100 000 to $1 million in capital from China, Hong Kong, Indonesia, Japan, Malaysia, Singapore, and Thailand took part in the survey.
https://getblock.net/en/news/accenture-52-of-wealthy-asian-investors-own-cryptocurrencies/
⚡SEC launched investigation into the BNB token
🔍The US Securities and Exchange Commission (SEC) has launched an investigation into cryptocurrency exchange Binance and its native token BNB. The regulator intends to find out whether the platform violated the rules for the sale of securities in the 2017 initial public offering of BNB, Bloomberg reports, citing its own sources.
https://getblock.net/en/news/sec-launched-investigation-into-the-bnb-token
🔍The US Securities and Exchange Commission (SEC) has launched an investigation into cryptocurrency exchange Binance and its native token BNB. The regulator intends to find out whether the platform violated the rules for the sale of securities in the 2017 initial public offering of BNB, Bloomberg reports, citing its own sources.
https://getblock.net/en/news/sec-launched-investigation-into-the-bnb-token
🇺🇸US senators introduced bill on crypto regulation. What should the market prepare for
✍️US Senators Cynthia Lummis and Kirsten Gillibrand have published a new bill aimed at totally incorporating cryptocurrencies into the US financial system. It will be submitted for further discussion by lawmakers on June 7.
https://getblock.net/en/news/us-senators-introduced-bill-on-crypto-regulation-what-should-the-market-prepare-for/
✍️US Senators Cynthia Lummis and Kirsten Gillibrand have published a new bill aimed at totally incorporating cryptocurrencies into the US financial system. It will be submitted for further discussion by lawmakers on June 7.
https://getblock.net/en/news/us-senators-introduced-bill-on-crypto-regulation-what-should-the-market-prepare-for/
❗️Community accused Terra of cheating in LUNA 2.0 distribution
😱Terraform Labs (TFL) CEO Do Kwon is accused of cheating in the distribution of LUNA 2.0 tokens. A Twitter user under the nickname FatMan claimed that TFL has 42 million tokens worth about $200 million in shadow wallets. In this, he referred to Terra’s May 25 announcement that the organization’s wallets would be removed from airdrops at the launch of the new blockchain. According to the network’s representatives, this decision was meant to make the new blockchain “a fully community-owned chain.”
https://getblock.net/en/news/community-accused-terra-of-cheating-in-luna-20-distribution
😱Terraform Labs (TFL) CEO Do Kwon is accused of cheating in the distribution of LUNA 2.0 tokens. A Twitter user under the nickname FatMan claimed that TFL has 42 million tokens worth about $200 million in shadow wallets. In this, he referred to Terra’s May 25 announcement that the organization’s wallets would be removed from airdrops at the launch of the new blockchain. According to the network’s representatives, this decision was meant to make the new blockchain “a fully community-owned chain.”
https://getblock.net/en/news/community-accused-terra-of-cheating-in-luna-20-distribution
👾Hackers hacked into the Elrond network and stole $1,65 million
💻Hackers hacked into the Elrond Layer 1 (L1) network and stole over $1,65 million worth of the project’s native tokens EGLD. The attackers sold some of the stolen assets on the decentralized exchange Maiar, causing the EGLD rate to plummet by 91,5% from $75 to $6,4 on this platform, a Twitter user under the nickname foudres.eth reported. As a result, Maiar suspended operations of the platform and its related APIs. Its representatives reported that customers’ funds are safe and rewards will continue to be paid.
https://getblock.net/en/news/hackers-hacked-into-the-elrond-network-and-stole-165-million/
💻Hackers hacked into the Elrond Layer 1 (L1) network and stole over $1,65 million worth of the project’s native tokens EGLD. The attackers sold some of the stolen assets on the decentralized exchange Maiar, causing the EGLD rate to plummet by 91,5% from $75 to $6,4 on this platform, a Twitter user under the nickname foudres.eth reported. As a result, Maiar suspended operations of the platform and its related APIs. Its representatives reported that customers’ funds are safe and rewards will continue to be paid.
https://getblock.net/en/news/hackers-hacked-into-the-elrond-network-and-stole-165-million/
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💥 Cryptocurrency price dynamics 08.06.2022💥
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Cardano: +9.8% showed the biggest increase overnight.
🟢 BTC - $ 30,585.30 (+3.6%)
🟢 ETH - $ 1,810.40 (+3.1%)
🟢 BNB - $ 290.21 (+3.0%)
🟢 ADA - $ 0.645637 (+9.8%)
🟢 XRP - $ 0.400692 (+2.1%)
🟢 SOL - $ 39.35 (+0.5%)
🟢 DOGE - $ 0.080641 (+1.0%)
🟢 DOT - $ 9.15 (+0.5%)
🟢 TRX - $ 0.080992 (+1.1%)
🟢 AVAX - $ 24.48 (+3.0%)
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Cardano: +9.8% showed the biggest increase overnight.
🟢 BTC - $ 30,585.30 (+3.6%)
🟢 ETH - $ 1,810.40 (+3.1%)
🟢 BNB - $ 290.21 (+3.0%)
🟢 ADA - $ 0.645637 (+9.8%)
🟢 XRP - $ 0.400692 (+2.1%)
🟢 SOL - $ 39.35 (+0.5%)
🟢 DOGE - $ 0.080641 (+1.0%)
🟢 DOT - $ 9.15 (+0.5%)
🟢 TRX - $ 0.080992 (+1.1%)
🟢 AVAX - $ 24.48 (+3.0%)
🎮The first blockchain game will appear on the Epic Games Store
📢Representatives of developer Gala Games have announced that the company’s blockchain games will be available for purchase on the Epic Games Store. The first game will be GRIT, an online third-person shooter set in the Wild West. It is built on the Unreal Engine, and also uses blockchain to authenticate unique in-game items and allows players to trade NFTs. The developers have not yet announced a release date, but Epic Games Store users can add the game to their wishlist.
https://getblock.net/en/news/the-first-blockchain-game-will-appear-on-the-epic-games-store/
📢Representatives of developer Gala Games have announced that the company’s blockchain games will be available for purchase on the Epic Games Store. The first game will be GRIT, an online third-person shooter set in the Wild West. It is built on the Unreal Engine, and also uses blockchain to authenticate unique in-game items and allows players to trade NFTs. The developers have not yet announced a release date, but Epic Games Store users can add the game to their wishlist.
https://getblock.net/en/news/the-first-blockchain-game-will-appear-on-the-epic-games-store/
Bitcoin
Once again bitcoin is locked in a narrow range. The local uptrend supports the cryptocurrency rate at $29 500. At the same time, bitcoin cannot go above $31 500, because there is strong resistance at this level. In case of an upward breakout from the narrow range, it will be possible to say that bitcoin has formed a bottom and is preparing for a recovery. However, this may take more than one month.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-08062022
#BTC #Analytics
Once again bitcoin is locked in a narrow range. The local uptrend supports the cryptocurrency rate at $29 500. At the same time, bitcoin cannot go above $31 500, because there is strong resistance at this level. In case of an upward breakout from the narrow range, it will be possible to say that bitcoin has formed a bottom and is preparing for a recovery. However, this may take more than one month.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-08062022
#BTC #Analytics
🇨🇳There are 83 bitcoin nodes running in China
📃According to the crypto analytics platform Bitrawr, there are 83 bitcoin nodes available in China securing the Bitcoin (BTC) network, despite the ban on mining in place since 2021.
https://getblock.net/en/news/there-are-83-bitcoin-nodes-running-in-china
📃According to the crypto analytics platform Bitrawr, there are 83 bitcoin nodes available in China securing the Bitcoin (BTC) network, despite the ban on mining in place since 2021.
https://getblock.net/en/news/there-are-83-bitcoin-nodes-running-in-china
💰TRON transferred part of its USDT reserves into bitcoin to secure the USDD stablecoin
💻TRON DAO Reserve (TDR), a decentralized autonomous organization, has transferred 100 million USDT from its reserves to crypto exchange Binance to buy bitcoins. This was announced by TRON CEO Justin Sun on Twitter. With these funds, TDR has added another 1000 BTC to secure its USDD algorithmic stablecoin. The organization has 14 040,6 bitcoins ($419,6 million as of June 7), 140 million USDT, and 1,9 billion TRON native tokens (TRX) on its balance sheet.
https://getblock.net/en/news/tron-transferred-part-of-its-usdt-reserves-into-bitcoin-to-secure-the-usdd-stablecoin/
💻TRON DAO Reserve (TDR), a decentralized autonomous organization, has transferred 100 million USDT from its reserves to crypto exchange Binance to buy bitcoins. This was announced by TRON CEO Justin Sun on Twitter. With these funds, TDR has added another 1000 BTC to secure its USDD algorithmic stablecoin. The organization has 14 040,6 bitcoins ($419,6 million as of June 7), 140 million USDT, and 1,9 billion TRON native tokens (TRX) on its balance sheet.
https://getblock.net/en/news/tron-transferred-part-of-its-usdt-reserves-into-bitcoin-to-secure-the-usdd-stablecoin/
✅PayPal added the ability to withdraw cryptocurrencies to external wallets
👍The PayPal payment system has added the ability to withdraw digital assets to external addresses, including hardware wallets and cryptocurrency exchanges. Initially, the feature is available only for some users from the United States, over the next weeks it will be provided to a wider range of customers from the States.
https://getblock.net/en/news/paypal-added-the-ability-to-withdraw-cryptocurrencies-to-external-wallets
👍The PayPal payment system has added the ability to withdraw digital assets to external addresses, including hardware wallets and cryptocurrency exchanges. Initially, the feature is available only for some users from the United States, over the next weeks it will be provided to a wider range of customers from the States.
https://getblock.net/en/news/paypal-added-the-ability-to-withdraw-cryptocurrencies-to-external-wallets
⚡️Forbes included nine crypto projects in the top 50 list of innovative companies of the year
💰Forbes magazine has published its Fintech 50 ranking, which includes the most innovative private companies in the field of financial technologies of 2022. The list includes nine crypto projects at once, raising a total of $6,5 billion in venture capital investments.
https://getblock.net/en/news/forbes-included-nine-crypto-projects-in-the-top-50-list-of-innovative-companies-of-the-year
💰Forbes magazine has published its Fintech 50 ranking, which includes the most innovative private companies in the field of financial technologies of 2022. The list includes nine crypto projects at once, raising a total of $6,5 billion in venture capital investments.
https://getblock.net/en/news/forbes-included-nine-crypto-projects-in-the-top-50-list-of-innovative-companies-of-the-year
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📉Analyst predicted a 40% drop in the price of BNB amid the SEC’s investigation
💡Cointelegraph analyst Yashu Gola reported that the rate of the native token of the Binance cryptocurrency exchange (BNB) may fall 25-40% in 2022 amid the SEC’s investigation. The regulator launched an investigation into whether the token was a security in the 2017 initial public offering (ICO). The price of BNB may also be adversely affected by a Reuters journalist’s investigation, which found that over $2,35 billion had been laundered through the exchange by attackers since Binance’s inception.
https://getblock.net/en/news/analyst-predicted-a-40-drop-in-the-price-of-bnb-amid-the-secs-investigation
💡Cointelegraph analyst Yashu Gola reported that the rate of the native token of the Binance cryptocurrency exchange (BNB) may fall 25-40% in 2022 amid the SEC’s investigation. The regulator launched an investigation into whether the token was a security in the 2017 initial public offering (ICO). The price of BNB may also be adversely affected by a Reuters journalist’s investigation, which found that over $2,35 billion had been laundered through the exchange by attackers since Binance’s inception.
https://getblock.net/en/news/analyst-predicted-a-40-drop-in-the-price-of-bnb-amid-the-secs-investigation
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📈Metaverse token prices increased by an average of 395% over the year
🎮Metaverse and cryptocurrency exchange tokens have become the only digital asset types whose prices increased over the year, despite the overall market decline. This is evidenced by the data of a report by analysts at Kraken Intelligence, a division of crypto exchange Kraken. In this, the growth in the value of metaverse assets averaged 395%, which significantly exceeds the indicators of exchanges’ tokens at 6%.
https://getblock.net/en/news/metaverse-token-prices-increased-by-an-average-of-395-over-the-year
🎮Metaverse and cryptocurrency exchange tokens have become the only digital asset types whose prices increased over the year, despite the overall market decline. This is evidenced by the data of a report by analysts at Kraken Intelligence, a division of crypto exchange Kraken. In this, the growth in the value of metaverse assets averaged 395%, which significantly exceeds the indicators of exchanges’ tokens at 6%.
https://getblock.net/en/news/metaverse-token-prices-increased-by-an-average-of-395-over-the-year
👤Anonymous Twitter user promised to expose crypto influencers
🔍A Twitter user nicknamed adyingnobody (ADN) claims to have used a vulnerability in the Telegram messenger to secretly collect information in the private chats of cryptocurrency bloggers. He said he collected 137,21GB of data on fraud, financial fraud, as well as sexual offenses, and incidents of racism and homophobia.
https://getblock.net/en/news/anonymous-twitter-user-promised-to-expose-crypto-influencers
🔍A Twitter user nicknamed adyingnobody (ADN) claims to have used a vulnerability in the Telegram messenger to secretly collect information in the private chats of cryptocurrency bloggers. He said he collected 137,21GB of data on fraud, financial fraud, as well as sexual offenses, and incidents of racism and homophobia.
https://getblock.net/en/news/anonymous-twitter-user-promised-to-expose-crypto-influencers
💰Solana set up fund to invest in South Korean crypto startups
📢Blockchain platform Solana has announced a $100 million fund to invest in Web 3.0 startups from South Korea. The funds were provided by two organizations, Solana Ventures and Solana Foundation. This is reported by The Block.
https://getblock.net/en/news/solana-set-up-fund-to-invest-in-south-korean-crypto-startups/
📢Blockchain platform Solana has announced a $100 million fund to invest in Web 3.0 startups from South Korea. The funds were provided by two organizations, Solana Ventures and Solana Foundation. This is reported by The Block.
https://getblock.net/en/news/solana-set-up-fund-to-invest-in-south-korean-crypto-startups/
🌴Oracle reported on the growing role of metaverses in the field of tourism
📃Analytics company Oracle has published a report on travelers’ preferences when choosing and booking a hotel. According to the document, more and more tourists want to check out hotels in metaverses and choose the list of services they need online.
https://getblock.net/en/news/oracle-reported-on-the-growing-role-of-metaverses-in-the-field-of-tourism/
📃Analytics company Oracle has published a report on travelers’ preferences when choosing and booking a hotel. According to the document, more and more tourists want to check out hotels in metaverses and choose the list of services they need online.
https://getblock.net/en/news/oracle-reported-on-the-growing-role-of-metaverses-in-the-field-of-tourism/
🚀Chainlink to launch staking feature in the second half of 2022
📢The Chainlink (LINK) oracle network has announced the launch of a staking feature in the second half of 2022. According to the developers, staking “aims to bring a new layer of cryptoeconomic security.” The project’s developers have also released a new roadmap for Chainlink 2.0.
https://getblock.net/en/news/chainlink-to-launch-staking-feature-in-the-second-half-of-2022
📢The Chainlink (LINK) oracle network has announced the launch of a staking feature in the second half of 2022. According to the developers, staking “aims to bring a new layer of cryptoeconomic security.” The project’s developers have also released a new roadmap for Chainlink 2.0.
https://getblock.net/en/news/chainlink-to-launch-staking-feature-in-the-second-half-of-2022
💸Osmosis network lost $5 million due to bug in its liquidity pool
🚫On June 8, the Osmosis network was suspended by developers and validators after a liquidity pool exploit. One of the users deposited funds into the pool and then immediately withdrew them, however, because of the bug, the sum of assets increased by 50%. The developers reported that the vulnerability was detected and fixed.
https://getblock.net/en/news/osmosis-network-lost-5-million-due-to-bug-in-its-liquidity-pool
🚫On June 8, the Osmosis network was suspended by developers and validators after a liquidity pool exploit. One of the users deposited funds into the pool and then immediately withdrew them, however, because of the bug, the sum of assets increased by 50%. The developers reported that the vulnerability was detected and fixed.
https://getblock.net/en/news/osmosis-network-lost-5-million-due-to-bug-in-its-liquidity-pool
📊How to trade the LUNA token in the current situation. Analyst’s view
🔮Michaël van de Poppe gave a prediction on the rate of the native token of the Terra blockchain ecosystem
https://getblock.net/en/news/how-to-trade-the-luna-token-in-the-current-situation-analysts-view
🔮Michaël van de Poppe gave a prediction on the rate of the native token of the Terra blockchain ecosystem
https://getblock.net/en/news/how-to-trade-the-luna-token-in-the-current-situation-analysts-view