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What is ORC-20? Guide to minting ORC-20 tokens
ORC-20 is a standard that was developed as an improvement over the BRC-20 standard, aiming to address certain limitations such as security concerns, enhanced flexibility, and leveraging the UTXO model of Bitcoin. What are the notable features of this upgraded version compared to the old standard?
What is ORC-20?
ORC-20 is a standard for tokens running on the Bitcoin blockchain, represented as JSON (JavaScript Object Notation) files and recorded on the Satoshi using serial numbers, similar to
What is ORC-20?
ORC-20 is a standard for tokens running on the Bitcoin blockchain, represented as JSON (JavaScript Object Notation) files and recorded on the Satoshi using serial numbers, similar to
The United Kingdom could potentially regulate cryptocurrencies similarly to gambling, according to critics. If UK lawmakers were to follow their approach, the industry could soon be subject to regulations akin to those imposed on casinos.
A recent report from a parliamentary group outlined clear risks associated with unsupported cryptocurrencies, highlighting their lack of intrinsic value and extreme price volatility.
These findings suggest that users experience significant gains or losses, resembling gambling more than a financial service.
"We are concerned that regulating investment activity and retail transactions involving unsupported cryptocurrencies as a financial service would create a 'halo' effect, leading users to believe that the activity is safer or protected when it is not"
#crypto2023
A recent report from a parliamentary group outlined clear risks associated with unsupported cryptocurrencies, highlighting their lack of intrinsic value and extreme price volatility.
These findings suggest that users experience significant gains or losses, resembling gambling more than a financial service.
"We are concerned that regulating investment activity and retail transactions involving unsupported cryptocurrencies as a financial service would create a 'halo' effect, leading users to believe that the activity is safer or protected when it is not"
#crypto2023
The difficulty of mining Bitcoin has reached a new all-time high. On Thursday, it increased by 3.22%, driven by a record-high network hash rate.
The difficulty adjusts approximately every two weeks and measures the level of work a miner needs to perform to verify transactions on a block. A higher difficulty indicates increased competition in Bitcoin mining.
The mining difficulty data reached 49.55 trillion at block height 790,272 during the adjustment on Thursday.
#BTC
The difficulty adjusts approximately every two weeks and measures the level of work a miner needs to perform to verify transactions on a block. A higher difficulty indicates increased competition in Bitcoin mining.
The mining difficulty data reached 49.55 trillion at block height 790,272 during the adjustment on Thursday.
#BTC
Circle is transferring $8.7 billion USD into repo agreements to protect its reserves from the potential default of the US government.
USDC issuer, Circle, is moving $8.7 billion USD into repo agreements, hoping to safeguard against the risk of default by the US government.
Circle's reserve fund, managed by global investment giant BlackRock, has added money to overnight repo agreements as part of its investment portfolio since May 16, according to the fund's website.
A spokesperson for Circle stated, "While this plan has been in progress for several months, including these highly liquid assets also provides additional protection for the USDC reserve in the event of a US default that is uncertain." Circle's CEO, Jeremy Allaire, has also expressed concerns about the potential default of the US government.
USDC issuer, Circle, is moving $8.7 billion USD into repo agreements, hoping to safeguard against the risk of default by the US government.
Circle's reserve fund, managed by global investment giant BlackRock, has added money to overnight repo agreements as part of its investment portfolio since May 16, according to the fund's website.
A spokesperson for Circle stated, "While this plan has been in progress for several months, including these highly liquid assets also provides additional protection for the USDC reserve in the event of a US default that is uncertain." Circle's CEO, Jeremy Allaire, has also expressed concerns about the potential default of the US government.
🔥Uniswap is set to deploy on Polkadot through the Moonbeam parachain.
Uniswap V3 is soon launching on Polkadot through the Moonbeam parachain following a governance vote conducted by the Blockchain community in Michigan.
Uniswap will soon be available on Moonbeam, a parachain of Polkadot, as per the proposal approved on May 17th on the exchange's governance forum.
The proposal was put forth by the Blockchain Education group in Michigan and received near-unanimous support with 99.99% of the votes in favor.
#UNISWAP #Uni
Uniswap V3 is soon launching on Polkadot through the Moonbeam parachain following a governance vote conducted by the Blockchain community in Michigan.
Uniswap will soon be available on Moonbeam, a parachain of Polkadot, as per the proposal approved on May 17th on the exchange's governance forum.
The proposal was put forth by the Blockchain Education group in Michigan and received near-unanimous support with 99.99% of the votes in favor.
#UNISWAP #Uni
🔥Bitcoin Cash Upgrades CashTokens
Bitcoin Cash developer Jason Dreyzehner stated that the latest upgrade is a "tool to expand financial accessibility."
The upgrade also includes features such as a future-proof coin vault and technical improvements for transaction verification.
#BCH
Bitcoin Cash developer Jason Dreyzehner stated that the latest upgrade is a "tool to expand financial accessibility."
The upgrade also includes features such as a future-proof coin vault and technical improvements for transaction verification.
#BCH
🔥Accumulation of Arbitrum (ARB) reaches a new high: $3 million in a matter of days.
Arbitrum, an Ethereum layer 2 network, is witnessing an interesting trend as the whale address "0x37bf" is accumulating a significant amount of ARB tokens.
This address was created just four days ago and has since accumulated a total of 2.5 million ARB tokens, worth approximately $2.95 million.
The whale initially started by withdrawing 1.5 million ARB tokens (worth $1.76 million) from Binance at a price of $1.07 per token.
Just 13 hours ago, the whale made an additional purchase of one million ARB tokens ($1.18 million) from Binance. The average buying price is estimated to be around $1.13 per token.
#ARBITRUM #ARB
Arbitrum, an Ethereum layer 2 network, is witnessing an interesting trend as the whale address "0x37bf" is accumulating a significant amount of ARB tokens.
This address was created just four days ago and has since accumulated a total of 2.5 million ARB tokens, worth approximately $2.95 million.
The whale initially started by withdrawing 1.5 million ARB tokens (worth $1.76 million) from Binance at a price of $1.07 per token.
Just 13 hours ago, the whale made an additional purchase of one million ARB tokens ($1.18 million) from Binance. The average buying price is estimated to be around $1.13 per token.
#ARBITRUM #ARB
🔥A whale has withdrawn 26,000 Bitcoins from Coinbase, marking the largest Bitcoin withdrawal since December 2022.
According to data from Glassnode, the 26,000 Bitcoins (BTC) worth approximately $800 million were withdrawn from Coinbase yesterday. This is the largest Bitcoin withdrawal from exchanges this year and the largest since December 2022.
Prior to this, according to an analysis by Santiment, the Bitcoin supply held on exchanges had dropped to its lowest level since December 2017, at 5.84%.
According to data from Glassnode, the 26,000 Bitcoins (BTC) worth approximately $800 million were withdrawn from Coinbase yesterday. This is the largest Bitcoin withdrawal from exchanges this year and the largest since December 2022.
Prior to this, according to an analysis by Santiment, the Bitcoin supply held on exchanges had dropped to its lowest level since December 2017, at 5.84%.
US judge refuses to seal documents of former SEC director William Hinman, XRP price rises over 8%.
The action to seal records of internal discussions at the US Securities and Exchange Commission (SEC) following a speech by former director William Hinman has been denied, a move seen as a victory for the Ripple community and the cryptocurrency.
The action to seal records of internal discussions at the US Securities and Exchange Commission (SEC) following a speech by former director William Hinman has been denied, a move seen as a victory for the Ripple community and the cryptocurrency.
European Union Enforces Identification Requirements for All Cryptocurrency Transactions(MiCA)
The European Union's Markets in Crypto-Assets Regulation (MiCA) has received final approval from the Council. This landmark law, aimed at harmonizing cryptocurrencies across the EU, had faced delays and was pushed to April before finally securing final approval.
The MiCA proposal is significant in its goal to align cryptocurrency regulations across the 27 EU member states. According to the latest reports, the European Union has given the green light on May 16th, with signatures from finance ministers.
The European Union's Markets in Crypto-Assets Regulation (MiCA) has received final approval from the Council. This landmark law, aimed at harmonizing cryptocurrencies across the EU, had faced delays and was pushed to April before finally securing final approval.
The MiCA proposal is significant in its goal to align cryptocurrency regulations across the 27 EU member states. According to the latest reports, the European Union has given the green light on May 16th, with signatures from finance ministers.
How Cryptocurrencies, Blockchain, and DeFi Are Revolutionizing Everyday
#feedfeverchallenge
Cryptocurrencies, blockchain technology, and decentralized finance (DeFi) solutions have emerged as powerful forces that are reshaping various aspects of our daily lives. From financial transactions to data security and beyond, these innovations are bringing forth transformative changes that have the potential to revolutionize traditional systems and empower individuals in unprecedented ways.
Financial Inclusion and Accessibility: Cryptocurrencies and DeFi solutions have t
Cryptocurrencies, blockchain technology, and decentralized finance (DeFi) solutions have emerged as powerful forces that are reshaping various aspects of our daily lives. From financial transactions to data security and beyond, these innovations are bringing forth transformative changes that have the potential to revolutionize traditional systems and empower individuals in unprecedented ways.
Financial Inclusion and Accessibility: Cryptocurrencies and DeFi solutions have t
"Mastering Cryptocurrency Trading: Key Tips for Success and Risk Management"
#feedfeverchallenge
Making successful cryptocurrency trades while practicing proper risk management is essential to mitigate potential losses and increase the likelihood of profitable trades. Here are some tips to consider:
Educate Yourself: Start by gaining a solid understanding of cryptocurrencies, blockchain technology, and the factors that influence their value. Stay updated on market news, trends, and regulatory developments. This knowledge will help you make informed trading decisions.
Making successful cryptocurrency trades while practicing proper risk management is essential to mitigate potential losses and increase the likelihood of profitable trades. Here are some tips to consider:
Educate Yourself: Start by gaining a solid understanding of cryptocurrencies, blockchain technology, and the factors that influence their value. Stay updated on market news, trends, and regulatory developments. This knowledge will help you make informed trading decisions.
How crypto payments are helpful in ecommerce industry?
#feedfeverchallenge
Crypto payments offer several benefits to the ecommerce industry, including:
Faster transactions: Crypto transactions are processed quickly and efficiently without the need for intermediaries such as banks or payment processors. This means that payments can be processed almost instantly, reducing the time it takes for customers to receive their goods and services.
Lower transaction fees: Crypto transactions typically have lower transaction fees than traditional payment me
Crypto payments offer several benefits to the ecommerce industry, including:
Faster transactions: Crypto transactions are processed quickly and efficiently without the need for intermediaries such as banks or payment processors. This means that payments can be processed almost instantly, reducing the time it takes for customers to receive their goods and services.
Lower transaction fees: Crypto transactions typically have lower transaction fees than traditional payment me
Technical analysis on May 16: SPX, DXY, BTC, ETH, BNB
The ongoing US debt ceiling negotiations are causing investors to sit on the sidelines. JPMorgan Chase CEO Jamie Dimon told Bloomberg on May 11th that concerns over a US government default could create market panic and increase volatility in the stock market.
The next big question that has crypto investors concerned is how Bitcoin will react to such an event. Bloomberg's latest poll indicates that Bitcoin (BTC) could be the third-favorite asset after gold and US Treasury bonds if the US governm
The next big question that has crypto investors concerned is how Bitcoin will react to such an event. Bloomberg's latest poll indicates that Bitcoin (BTC) could be the third-favorite asset after gold and US Treasury bonds if the US governm
How crypto is fundamentally analysed?
Crypto can be fundamentally analyzed using various metrics and methods, including:
Technology: Examining the underlying technology of a cryptocurrency, such as its consensus mechanism, security features, scalability, and interoperability with other blockchains.
Market cap and liquidity: Evaluating a cryptocurrency's market capitalization (the total value of all coins in circulation) and liquidity (the ease with which a coin can be bought and sold).
Adoption and usage: Analyzing the level of a
Technology: Examining the underlying technology of a cryptocurrency, such as its consensus mechanism, security features, scalability, and interoperability with other blockchains.
Market cap and liquidity: Evaluating a cryptocurrency's market capitalization (the total value of all coins in circulation) and liquidity (the ease with which a coin can be bought and sold).
Adoption and usage: Analyzing the level of a
7 Warning Signs to Detect a Crypto Scam Project
Detecting a scam project in the cryptocurrency space can be challenging, but there are several warning signs you can look out for to reduce your risk of falling victim to a scam. Here are some things to keep in mind:
Lack of transparency: A legitimate project should have a whitepaper that outlines its goals, technology, and team members. If the project doesn't have a whitepaper or is not transparent about its team or technology, it's a red flag.
Unrealistic promises: If a project promises retu
Lack of transparency: A legitimate project should have a whitepaper that outlines its goals, technology, and team members. If the project doesn't have a whitepaper or is not transparent about its team or technology, it's a red flag.
Unrealistic promises: If a project promises retu
NFT sales increased by 31% this week, with Bitcoin NFTs ranking second in sales.
NFT sales saw a slight increase last week, recording a modest rise of about 1.46% compared to the previous week. The accumulated value of NFT sales reached $149.31 million from April 29 to May 6, 2023. However, the latest week has surpassed expectations, with a significant spike of 31.22% in sales. In the seven-day period, NFT sales reached $208.17 million. The notable increase in NFT sales this week could be due to the emergence of NFTs originating from the Bitcoin blockchain.
Bitcoin NFT sale
Bitcoin NFT sale
"DYOR - The Importance of Doing Your Own Research in Cryptocurrency Investing"
#feedfeverchallenge
DYOR: A Crucial Concept for Cryptocurrency Investors
DYOR, an abbreviation for "Do Your Own Research," is an important concept for cryptocurrency investors. This is particularly true in the context of the cryptocurrency market, which is still new and full of risks.
Assessing the Truth: The Role of DYOR in Evaluating Cryptocurrency Projects
DYOR allows investors to better assess the truth about a specific cryptocurrency project. This information may include the developer'
DYOR: A Crucial Concept for Cryptocurrency Investors
DYOR, an abbreviation for "Do Your Own Research," is an important concept for cryptocurrency investors. This is particularly true in the context of the cryptocurrency market, which is still new and full of risks.
Assessing the Truth: The Role of DYOR in Evaluating Cryptocurrency Projects
DYOR allows investors to better assess the truth about a specific cryptocurrency project. This information may include the developer'
