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💰 BILLIONAIRE BROTHER WINKLEVOSS DONATED 2 MILLION USD BTC TO SUPPORT TRUMP
Gemini founding brothers - Cameron and Tyler Winklevoss - donated a total of $2 million in Bitcoin to former US President Donald Trump. The twins announced this information on their X.
Not only openly attracting voters with promising statements for the crypto industry, the Trump campaign also recently accepted donations in crypto, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and Shiba Inu (SHIB).
Mr. Trump calls himself “Cryptocurrency President”. Recently there were rumors that Mr. Trump was releasing memecoin on Solana, but it turned out that the person behind this plan was Martin Shkreli, a character from the traditional finance industry, who was once accused of manipulating drug prices. According to Tracing on-chain, Mr. Trump's cryptocurrency wallet owns more than 30 million USD, which has tripled thanks to memecoin.
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#BTC #ETH #BNB #Trump
Gemini founding brothers - Cameron and Tyler Winklevoss - donated a total of $2 million in Bitcoin to former US President Donald Trump. The twins announced this information on their X.
Not only openly attracting voters with promising statements for the crypto industry, the Trump campaign also recently accepted donations in crypto, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and Shiba Inu (SHIB).
Mr. Trump calls himself “Cryptocurrency President”. Recently there were rumors that Mr. Trump was releasing memecoin on Solana, but it turned out that the person behind this plan was Martin Shkreli, a character from the traditional finance industry, who was once accused of manipulating drug prices. According to Tracing on-chain, Mr. Trump's cryptocurrency wallet owns more than 30 million USD, which has tripled thanks to memecoin.
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#BTC #ETH #BNB #Trump
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💥 LAYERZERO HAS OFFICIALLY ANNOUNCED AIRDROP TOKEN ZRO
After many rounds of purging sybil wallet addresses along with a long waiting period, LayerZero officially announced the ZRO token airdrop event on the morning of June 20.
According to the project team, the ZRO token airdrop has a total of 1.28 million valid wallets. This represents 8.5% of ZRO's total supply of 1 billion tokens, including 5% for users, 3% for RFPs (request for proposals), and 0.5% potentially for other communities.
The circulating supply of ZRO at the time of token issuance will be 250 million ZRO, accounting for 25% of the total supply, including money allocated for airdrops, for upcoming ecosystem incentive proposals, and the operating budget for LayerZero Foundation.
LayerZero CEO Bryan Pellegrino also revealed that there will be 3 more ZRO airdrops in the next 36 months. The main uses of the ZRO token include governance, allowing holders to vote on important protocol decisions, starting with proposals to enable/disable fee sharing for token holders, similar to Uniswap DEX exchange.
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#BTC #ETH #ZRO
After many rounds of purging sybil wallet addresses along with a long waiting period, LayerZero officially announced the ZRO token airdrop event on the morning of June 20.
According to the project team, the ZRO token airdrop has a total of 1.28 million valid wallets. This represents 8.5% of ZRO's total supply of 1 billion tokens, including 5% for users, 3% for RFPs (request for proposals), and 0.5% potentially for other communities.
The circulating supply of ZRO at the time of token issuance will be 250 million ZRO, accounting for 25% of the total supply, including money allocated for airdrops, for upcoming ecosystem incentive proposals, and the operating budget for LayerZero Foundation.
LayerZero CEO Bryan Pellegrino also revealed that there will be 3 more ZRO airdrops in the next 36 months. The main uses of the ZRO token include governance, allowing holders to vote on important protocol decisions, starting with proposals to enable/disable fee sharing for token holders, similar to Uniswap DEX exchange.
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#BTC #ETH #ZRO
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ORBIT CHAIN WAS ATTACKED WITH AN ESTIMATED DAMAGE OF ABOUT 81.5 MILLION USD
Orbit Bridge - A cross-chain bridge protocol, became the first victim of an attack in the new year 2024, with an estimated loss of about 81.5 million USD.
In five separate transactions, each sent to a different wallet address, the attacker transferred 50 million USD stablecoins (including 30 million USDT, 10 million DAI, and 10 million USDC), 231 wBTC, and 9,500 USD. ETH.
Launched in Korea in 2018, Orbit Chain is a blockchain that focuses primarily on the function of transferring assets between decentralized networks. Orbit Bridge is the preferred bridge for transferring assets between EVM and Klaytn compatible networks.
Hacks, scams, and attacks in 2023 caused up to $1.95 billion in losses to the cryptocurrency industry. The most targeted projects continue to be cross-chain bridges, which often hold large amounts of user assets.
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#bitcoin #ethereum #crypto2023
Orbit Bridge - A cross-chain bridge protocol, became the first victim of an attack in the new year 2024, with an estimated loss of about 81.5 million USD.
In five separate transactions, each sent to a different wallet address, the attacker transferred 50 million USD stablecoins (including 30 million USDT, 10 million DAI, and 10 million USDC), 231 wBTC, and 9,500 USD. ETH.
Launched in Korea in 2018, Orbit Chain is a blockchain that focuses primarily on the function of transferring assets between decentralized networks. Orbit Bridge is the preferred bridge for transferring assets between EVM and Klaytn compatible networks.
Hacks, scams, and attacks in 2023 caused up to $1.95 billion in losses to the cryptocurrency industry. The most targeted projects continue to be cross-chain bridges, which often hold large amounts of user assets.
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#bitcoin #ethereum #crypto2023
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🚀 PANCAKESWAP COMMUNITY ACCEPTS PROPOSAL TO REDUCE TOTAL CAKE SUPPLY by 40%
On December 28 - December 29, PancakeSwap opened a vote for the proposal to reduce the total supply by 40% and was approved by the community with 97.88% of votes in support. Accordingly, the total supply will decrease from the current 750 million CAKE to 450 million CAKE.
It is expected that the latest total supply of CAKE tokens will be officially updated on major price tracking platforms such as CoinGecko or CoinMarketCap on January 4, 2024.
PancakeSwap has significantly innovated from improving the CAKE v2.5 tokenomics model, implementing the veCAKE model, launching the gaming marketplace and deploying additional integrated products on many networks of Base, Linea, Arbitrum One, zkSync Era.
Launched in 2020, PancakeSwap is currently the decentralized trading platform with the second largest volume and market share in the market, only behind Uniswap.
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#bitcoin #Ethererum #crypto2023
On December 28 - December 29, PancakeSwap opened a vote for the proposal to reduce the total supply by 40% and was approved by the community with 97.88% of votes in support. Accordingly, the total supply will decrease from the current 750 million CAKE to 450 million CAKE.
It is expected that the latest total supply of CAKE tokens will be officially updated on major price tracking platforms such as CoinGecko or CoinMarketCap on January 4, 2024.
PancakeSwap has significantly innovated from improving the CAKE v2.5 tokenomics model, implementing the veCAKE model, launching the gaming marketplace and deploying additional integrated products on many networks of Base, Linea, Arbitrum One, zkSync Era.
Launched in 2020, PancakeSwap is currently the decentralized trading platform with the second largest volume and market share in the market, only behind Uniswap.
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#bitcoin #Ethererum #crypto2023
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🚀 ZKSYNC BEAT ETHEREUM FOR THE FIRST TIME IN MONTHLY TRANSACTION VOLUME
According to data compiled from L2Beat, in the past 30 days the zkSync network has processed 35.33 million transactions, this number surpasses Ethereum's mark of 34.2 million transactions, helping this Layer-2 surpass Ethereum for the first time. about transaction volume during the month.
Ranked 3rd on the statistics table is Arbitrum One with 31.93 million transactions. The surge in trading volume on zkSync comes from Inscription. Data from L2Beat reflects that zkSync was most active on December 16, coinciding with the time the network announced Inscription synchronization.
zkSync's trading volume that day amounted to 4.6 million USD, accounting for 87% of the entire segment's volume, compared with Dune data by Dragonfly analyst Hildobby.
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#bitcoin #Ethererum #crypto2023
According to data compiled from L2Beat, in the past 30 days the zkSync network has processed 35.33 million transactions, this number surpasses Ethereum's mark of 34.2 million transactions, helping this Layer-2 surpass Ethereum for the first time. about transaction volume during the month.
Ranked 3rd on the statistics table is Arbitrum One with 31.93 million transactions. The surge in trading volume on zkSync comes from Inscription. Data from L2Beat reflects that zkSync was most active on December 16, coinciding with the time the network announced Inscription synchronization.
zkSync's trading volume that day amounted to 4.6 million USD, accounting for 87% of the entire segment's volume, compared with Dune data by Dragonfly analyst Hildobby.
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#bitcoin #Ethererum #crypto2023
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🚀 BINANCE WILL ADD 40 MILLION NEW USERS IN 2023
In its 2023 report, the world's leading cryptocurrency exchange, Binance, recorded impressive growth last year when it added 40 million new users. Increasing the number of global users of the exchange to 170 million people.
Mr. Teng affirmed that in addition to having new customers, the amount of deposits on the exchange also increased steadily. In addition to the most popular trading function and the newly launched Web3 Wallet, other products of the exchange also recorded increased usage.
Legal compliance has become a top focus for Binance in 2023, a time when the exchange is under pressure from regulators around the world. Mr. Teng said that Binance has spent more than 210 million USD for legal compliance.
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#bitcoin #ethereum #Crypto2023
In its 2023 report, the world's leading cryptocurrency exchange, Binance, recorded impressive growth last year when it added 40 million new users. Increasing the number of global users of the exchange to 170 million people.
Mr. Teng affirmed that in addition to having new customers, the amount of deposits on the exchange also increased steadily. In addition to the most popular trading function and the newly launched Web3 Wallet, other products of the exchange also recorded increased usage.
Legal compliance has become a top focus for Binance in 2023, a time when the exchange is under pressure from regulators around the world. Mr. Teng said that Binance has spent more than 210 million USD for legal compliance.
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#bitcoin #ethereum #Crypto2023
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💰 NEARLY 2 BILLION USD WILL BE LOST FROM HACKING CASES IN 2023
According to a report from security unit De.Fi, 2023 has seen the crypto industry lose $1.95 billion due to scams, hacks and security attacks. Ethereum and BNB Chain are the two blockchains most visited by hackers.
The number of nearly 2 billion USD stolen in 2023 is halved compared to the record of 4 billion USD in 2022. However, the amount of assets recovered is only 200 million USD, much lower than the figure of 900 million USD. of the previous year.
De.Fi recorded a total of 448 incidents across 15 leading blockchains and centralized protocols. The highest loss is still on Ethereum, the world's leading smart contract blockchain, with more than 1.3 billion USD stolen from 170 attack incidents.
Regarding the form of attack, 2023 saw a spike in access/private key exposure incidents with 29 incidents, causing nearly 853 million USD in damage.
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#bitcoin #ethereum #crypto2023
According to a report from security unit De.Fi, 2023 has seen the crypto industry lose $1.95 billion due to scams, hacks and security attacks. Ethereum and BNB Chain are the two blockchains most visited by hackers.
The number of nearly 2 billion USD stolen in 2023 is halved compared to the record of 4 billion USD in 2022. However, the amount of assets recovered is only 200 million USD, much lower than the figure of 900 million USD. of the previous year.
De.Fi recorded a total of 448 incidents across 15 leading blockchains and centralized protocols. The highest loss is still on Ethereum, the world's leading smart contract blockchain, with more than 1.3 billion USD stolen from 170 attack incidents.
Regarding the form of attack, 2023 saw a spike in access/private key exposure incidents with 29 incidents, causing nearly 853 million USD in damage.
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#bitcoin #ethereum #crypto2023
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🚀 STABLECOIN USDT CONTINUES TO SET NEW CAPITALization RECORD
On December 25, 2023, Tether issued an additional 1 billion USDT, bringing the market capitalization of the world's largest stablecoin to exceed the 91 billion USD mark for the first time, an increase of nearly 38% in just one year.
In addition to setting a new capitalization record, Tether also formed a surplus fund with a value of more than 4 billion USD, which functions as a buffer zone to ensure maintenance of guarantees above 100% for USDT.
The company also allocates a portion of profits to invest in Bitcoin and gold, with values as of September reaching $1.6 billion and $3.1 billion, respectively. Tether also revealed that it will announce more investments and other new products in 2024.
#bitcoin #ethereum #crypto2023 #USDT
On December 25, 2023, Tether issued an additional 1 billion USDT, bringing the market capitalization of the world's largest stablecoin to exceed the 91 billion USD mark for the first time, an increase of nearly 38% in just one year.
In addition to setting a new capitalization record, Tether also formed a surplus fund with a value of more than 4 billion USD, which functions as a buffer zone to ensure maintenance of guarantees above 100% for USDT.
The company also allocates a portion of profits to invest in Bitcoin and gold, with values as of September reaching $1.6 billion and $3.1 billion, respectively. Tether also revealed that it will announce more investments and other new products in 2024.
#bitcoin #ethereum #crypto2023 #USDT
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💰 CAPITAL INVESTMENT IN CRYPTO SHALL DOWN IN 2023
According to The Block, in the entire year 2023, investment funds in the cryptocurrency industry spent 10.7 billion USD on investment and capital raising activities, down 68% compared to 33.3 billion USD in 2022. However, this year is still the year with the third largest mobilization in history.
In total this year, there were 1,819 capital raising deals organized by VCs, down 32% compared to 2,671 last year. Most investments were made in the first half of 2023, before plummeting for the rest of the year.
Regarding the areas that receive the most capital from funds, projects in NFT/gaming, blockchain infrastructure and Web3 still account for the majority, although the allocation rate is more spread out than in 2023.
#bitcoin #ethereum #crypto2023 #vietnam
According to The Block, in the entire year 2023, investment funds in the cryptocurrency industry spent 10.7 billion USD on investment and capital raising activities, down 68% compared to 33.3 billion USD in 2022. However, this year is still the year with the third largest mobilization in history.
In total this year, there were 1,819 capital raising deals organized by VCs, down 32% compared to 2,671 last year. Most investments were made in the first half of 2023, before plummeting for the rest of the year.
Regarding the areas that receive the most capital from funds, projects in NFT/gaming, blockchain infrastructure and Web3 still account for the majority, although the allocation rate is more spread out than in 2023.
#bitcoin #ethereum #crypto2023 #vietnam
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⚠️ MORE THAN 280 MILLION USD WAS LIQUIDATED AS BTC DECREASED FULL THIS MORNING
The crypto market on the morning of December 11 recorded strong fluctuations and corrections, data from CoinGlass showed that more than 280 million USD of derivative orders were liquidated within half an hour because of the recent dump, with billions of USD. The ratio of long orders accounts for nearly 96%.
At around 9:10 AM on December 11, Bitcoin suddenly recorded a large decrease, bringing the price from the $42,600 range to $40,400, erasing what had been achieved in the past week. However, BTC later recovered to $42,000 again.
The altcoin has grown very strongly in recent times, Solana even "free-falling" from 72 USD to 64 USD. However, unlike BTC and ETH, SOL price has rebounded strongly and has now almost regained all of what it lost when approaching the 70 USD area.
More than 280 million USD of derivative orders were liquidated within half an hour. In particular, unlike usual when only BTC and ETH account for the majority of liquidated assets, this time the chart has a clear appearance of SOL and other altcoins.
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#bitcoin #ethereum #crypto2023
The crypto market on the morning of December 11 recorded strong fluctuations and corrections, data from CoinGlass showed that more than 280 million USD of derivative orders were liquidated within half an hour because of the recent dump, with billions of USD. The ratio of long orders accounts for nearly 96%.
At around 9:10 AM on December 11, Bitcoin suddenly recorded a large decrease, bringing the price from the $42,600 range to $40,400, erasing what had been achieved in the past week. However, BTC later recovered to $42,000 again.
The altcoin has grown very strongly in recent times, Solana even "free-falling" from 72 USD to 64 USD. However, unlike BTC and ETH, SOL price has rebounded strongly and has now almost regained all of what it lost when approaching the 70 USD area.
More than 280 million USD of derivative orders were liquidated within half an hour. In particular, unlike usual when only BTC and ETH account for the majority of liquidated assets, this time the chart has a clear appearance of SOL and other altcoins.
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#bitcoin #ethereum #crypto2023
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💲 VIETNAMESE USERS CAN BUY CRYPTO DIRECTLY ON METAMASK
MetaMask - today's leading self-custodial crypto wallet, through payment intermediaries TransFi and Unlimit, will allow users in Vietnam to pay for crypto purchases with MoMo, VietQR, Viettel Pay wallets as well as bank transfer. row.
Previously, due to legal restrictions, MetaMask as well as other competitors could not solve the problem of converting crypto to fiat currency. For many years, users have mostly had to rely on Visa, Mastercard or Apple Pay transactions.
With the new update, MetaMask is continuing to affirm its role as not only an industry-leading crypto wallet platform but also actively supporting users to participate in the crypto market in the most flexible and convenient way possible.
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#bitcoin #ethereum #crypto2023 #vietnam
MetaMask - today's leading self-custodial crypto wallet, through payment intermediaries TransFi and Unlimit, will allow users in Vietnam to pay for crypto purchases with MoMo, VietQR, Viettel Pay wallets as well as bank transfer. row.
Previously, due to legal restrictions, MetaMask as well as other competitors could not solve the problem of converting crypto to fiat currency. For many years, users have mostly had to rely on Visa, Mastercard or Apple Pay transactions.
With the new update, MetaMask is continuing to affirm its role as not only an industry-leading crypto wallet platform but also actively supporting users to participate in the crypto market in the most flexible and convenient way possible.
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#bitcoin #ethereum #crypto2023 #vietnam
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🚀 LAYERZERO CONFIRMS TO LAUNCH TOKEN IN THE FIRST HALF OF NEXT YEAR
LayerZero - The famous omnichain infrastructure project, has just announced that they will issue tokens in the first half of next year. In the context of large projects continuously confirming token issuance, raising expectations for a booming year in 2024 for the market.
This is considered a move to strengthen LayerZero's position, as they have been actively expanding their network and demonstrating the power of their omnichain protocol with quality cooperation agreements with Conflux and Google. Cloud.
LayerZero is an omnichain protocol built to allow different blockchains to interact & communicate seamlessly. This is one of the most anticipated projects. Ending the Series B capital call in April this year, the project valuation has reached 3 billion USD.
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#bitcoin #ethereum #crypto2023 #LayerZero
LayerZero - The famous omnichain infrastructure project, has just announced that they will issue tokens in the first half of next year. In the context of large projects continuously confirming token issuance, raising expectations for a booming year in 2024 for the market.
This is considered a move to strengthen LayerZero's position, as they have been actively expanding their network and demonstrating the power of their omnichain protocol with quality cooperation agreements with Conflux and Google. Cloud.
LayerZero is an omnichain protocol built to allow different blockchains to interact & communicate seamlessly. This is one of the most anticipated projects. Ending the Series B capital call in April this year, the project valuation has reached 3 billion USD.
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#bitcoin #ethereum #crypto2023 #LayerZero
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🚀 DOGECOIN GROWS IMPRESSIVELY ON THE OCCASION OF ITS 10TH BIRTHDAY
After a series of impressive growth, DOGE's price has surpassed the 0.1 USD mark for the first time in a year. Notably, yesterday was also the 10th anniversary of the founding of the largest memecoin in the market with a capitalization of 14.5 billion USD.
The recent price increase brought Dogecoin (DOGE) to 0.10645 USD, surpassing the 0.1 USD mark for the first time in a year. The last time DOGE reached 0.1 USD was about a year ago - On December 7, 2022.
Dogecoin was first released on December 6, 2013 by Billy Markus and Jackson Palmer. Initially, their intention was to create DOGE as a joke. However, after 10 years, DOGE has become the largest memecoin in the world with a capitalization of 14.5 billion USD.
This price increase is due to the community recently discovering that Dogecoin has appeared more than 50 times in the payment source code of the Tesla Cybertruck site. What's interesting is that the source code only mentions DOGE without any mention of any other crypto.
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#bitcoin #ethereum #crypto2023 #Dogecoin #vietnam
After a series of impressive growth, DOGE's price has surpassed the 0.1 USD mark for the first time in a year. Notably, yesterday was also the 10th anniversary of the founding of the largest memecoin in the market with a capitalization of 14.5 billion USD.
The recent price increase brought Dogecoin (DOGE) to 0.10645 USD, surpassing the 0.1 USD mark for the first time in a year. The last time DOGE reached 0.1 USD was about a year ago - On December 7, 2022.
Dogecoin was first released on December 6, 2013 by Billy Markus and Jackson Palmer. Initially, their intention was to create DOGE as a joke. However, after 10 years, DOGE has become the largest memecoin in the world with a capitalization of 14.5 billion USD.
This price increase is due to the community recently discovering that Dogecoin has appeared more than 50 times in the payment source code of the Tesla Cybertruck site. What's interesting is that the source code only mentions DOGE without any mention of any other crypto.
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#bitcoin #ethereum #crypto2023 #Dogecoin #vietnam
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🏆 VIETNAM LEADS THE WORLD IN PERCENTAGE OF POPULATION OWNING CRYPTO
According to data from CryptoCrunchApp, Vietnam is the country with the highest percentage of population owning crypto in the world in 2023 with nearly 26% (25.9 million people) - This number far exceeds the rate of less than 13% of other countries. back in the rankings.
India is the leading country in the above rankings with 157.6 million people owning crypto, ranked 2nd is the US with 44.3 million people and ranked 3rd is Vietnam with 25.9 million people.
Accordingly, Vietnam even surpasses China when this country of billions of people has only 19.9 million people owning crypto. If calculated by population ratio, Vietnam is the leading country in the world with nearly 26% of the population owning cryptocurrency assets.
If compared with the stock market, the proportion of the population investing in Crypto is more than 3 times the number of people investing in stocks, while currently in Vietnam only 8% of the population has securities accounts - According to data from the Center Vietnam Securities Depository.
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#bitcoin #ethereum #crypto2023 #vietnam
According to data from CryptoCrunchApp, Vietnam is the country with the highest percentage of population owning crypto in the world in 2023 with nearly 26% (25.9 million people) - This number far exceeds the rate of less than 13% of other countries. back in the rankings.
India is the leading country in the above rankings with 157.6 million people owning crypto, ranked 2nd is the US with 44.3 million people and ranked 3rd is Vietnam with 25.9 million people.
Accordingly, Vietnam even surpasses China when this country of billions of people has only 19.9 million people owning crypto. If calculated by population ratio, Vietnam is the leading country in the world with nearly 26% of the population owning cryptocurrency assets.
If compared with the stock market, the proportion of the population investing in Crypto is more than 3 times the number of people investing in stocks, while currently in Vietnam only 8% of the population has securities accounts - According to data from the Center Vietnam Securities Depository.
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#bitcoin #ethereum #crypto2023 #vietnam
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🚀 EL SALVADOR'S INVESTMENT IN BITCOIN HAS PROFITED 3.62 MILLION USD
El Salvador President Nayib Bukele said that with Bitcoin prices continuously reaching new peaks in 2023, the country's investment in BTC has recovered 100% of the investment capital and earned a profit of about 3.62 million USD. .
In his post, Nayib Bukele also asked the newspapers that made fun of El Salvador's investment in Bitcoin to retract and apologize, as well as update that this portfolio was profitable.
Currently El Salvador holds 2,762 BTC. At the end of last year, this category at one point witnessed a 62% decline in value. At that time, the president announced the application of a "consolidation" strategy, deciding to collect an additional 1 BTC every day from the date of purchase. November 18, 2022.
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#bitcoin #ethereum #crypto2023
El Salvador President Nayib Bukele said that with Bitcoin prices continuously reaching new peaks in 2023, the country's investment in BTC has recovered 100% of the investment capital and earned a profit of about 3.62 million USD. .
In his post, Nayib Bukele also asked the newspapers that made fun of El Salvador's investment in Bitcoin to retract and apologize, as well as update that this portfolio was profitable.
Currently El Salvador holds 2,762 BTC. At the end of last year, this category at one point witnessed a 62% decline in value. At that time, the president announced the application of a "consolidation" strategy, deciding to collect an additional 1 BTC every day from the date of purchase. November 18, 2022.
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#bitcoin #ethereum #crypto2023
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⁉️ KyberSwap Hackers Start Laundering Money Through Tornado Cash
According to on-chain data, the hacker behind the KyberSwap DEX attack has begun looking for ways to disperse assets. Specifically, on the afternoon of December 3, the attacker transferred more than 2,010 ETH from Arbitrum to Ethereum, then sent 1,000 ETH to Tornado Cash.
Previously, the Kyber Network team flatly rejected the unreasonable requests and announced that they would find a way to compensate 100% of the users who suffered losses. This action by the hacker also shows that no agreement will be reached with Kyber Network.
Although Tornado Cash was placed on the US sanctions list and arrested two founders for allegedly abetting money laundering through crypto. However, the project is still active and continues to be used by both users and hackers for different purposes.
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#bitcoin #crypto2023 #ethereum
According to on-chain data, the hacker behind the KyberSwap DEX attack has begun looking for ways to disperse assets. Specifically, on the afternoon of December 3, the attacker transferred more than 2,010 ETH from Arbitrum to Ethereum, then sent 1,000 ETH to Tornado Cash.
Previously, the Kyber Network team flatly rejected the unreasonable requests and announced that they would find a way to compensate 100% of the users who suffered losses. This action by the hacker also shows that no agreement will be reached with Kyber Network.
Although Tornado Cash was placed on the US sanctions list and arrested two founders for allegedly abetting money laundering through crypto. However, the project is still active and continues to be used by both users and hackers for different purposes.
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#bitcoin #crypto2023 #ethereum
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💰 KYBER NETWORK DECLARES 100% COMPENSATION FOR USERS
Kyber Network plans to use project funds to compensate users for 100% of the value of assets lost at the time of the attack. This can be seen as a confirmation that the project will refuse the hacker's proposal.
Kyber Network maintains its stance that it will cooperate with authorities to hunt down the person responsible to recover the stolen funds. This can be seen as an affirmation that the project will deny the claims made by hackers.
Kyber Network claims that although KyberSwap is a decentralized project, users must understand the risks when participating, but to share with those affected, the project has decided to release funds to compensate users. use.
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#bitcoin #ethereum #crypto2023
Kyber Network plans to use project funds to compensate users for 100% of the value of assets lost at the time of the attack. This can be seen as a confirmation that the project will refuse the hacker's proposal.
Kyber Network maintains its stance that it will cooperate with authorities to hunt down the person responsible to recover the stolen funds. This can be seen as an affirmation that the project will deny the claims made by hackers.
Kyber Network claims that although KyberSwap is a decentralized project, users must understand the risks when participating, but to share with those affected, the project has decided to release funds to compensate users. use.
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#bitcoin #ethereum #crypto2023
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🚀 MICROSTRATEGY ANNOUNCED BUYING ADDITIONAL 593 MILLION USD BITCOIN
Billionaire Michael Saylor's company MicroStrategy announced it spent $593.3 million to buy an additional 16,130 BTC at an average price of $36,785. Increasing the amount of Bitcoin held to 174,530 BTC and the profit of this portfolio is more than 1.2 billion USD.
With the latest Bitcoin purchase, MicroStrategy has increased its total Bitcoin holdings to 174,530 BTC with an average purchase price of about 30,252 USD/BTC, equivalent to a cost of 5.28 billion USD.
The company's investment portfolio value has reached 5.99 billion USD - Bringing a profit of more than 1.2 billion USD (equivalent to 26.5%). Last year, MicroStrategy lost up to 45% of its BTC investment. However, the company still does not sell and continues to buy more this year.
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#bitcoin #ethereum #crypto2023
Billionaire Michael Saylor's company MicroStrategy announced it spent $593.3 million to buy an additional 16,130 BTC at an average price of $36,785. Increasing the amount of Bitcoin held to 174,530 BTC and the profit of this portfolio is more than 1.2 billion USD.
With the latest Bitcoin purchase, MicroStrategy has increased its total Bitcoin holdings to 174,530 BTC with an average purchase price of about 30,252 USD/BTC, equivalent to a cost of 5.28 billion USD.
The company's investment portfolio value has reached 5.99 billion USD - Bringing a profit of more than 1.2 billion USD (equivalent to 26.5%). Last year, MicroStrategy lost up to 45% of its BTC investment. However, the company still does not sell and continues to buy more this year.
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#bitcoin #ethereum #crypto2023
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🐳 A whale continuously accumulated 427 million USD in Bitcoin in the past 3 weeks
According to data from Bitinfocharts, the owner of an anonymous wallet spent $427 million to buy 11,269 Bitcoin since November 10 and became the 74th largest BTC holding entity on the market. Currently this account is earning nearly 10 million USD.
On November 29 alone, that person purchased 875 Bitcoins, with an average purchase price ranging from 36,000 to 38,000 USD. Someone investigated the identity of the above wallet belonging to BitMEX, based on the reserve asset information listed on the website by the exchange.
The above comments speculate that wallets related to large asset management companies in the US are related to Bitcoin ETF. Because if a spot ETF is approved, fund managers will have to own and hold a large amount of BTC to meet investor demand.
In related developments, the SEC recently consulted with the public on whether they should approve Franklin Templeton and Hashdex's Bitcoin spot ETF proposal. This move is pushing up expectations for a Bitcoin spot ETF to appear early next year.
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#bitcoin #ethereum #crypto2023
According to data from Bitinfocharts, the owner of an anonymous wallet spent $427 million to buy 11,269 Bitcoin since November 10 and became the 74th largest BTC holding entity on the market. Currently this account is earning nearly 10 million USD.
On November 29 alone, that person purchased 875 Bitcoins, with an average purchase price ranging from 36,000 to 38,000 USD. Someone investigated the identity of the above wallet belonging to BitMEX, based on the reserve asset information listed on the website by the exchange.
The above comments speculate that wallets related to large asset management companies in the US are related to Bitcoin ETF. Because if a spot ETF is approved, fund managers will have to own and hold a large amount of BTC to meet investor demand.
In related developments, the SEC recently consulted with the public on whether they should approve Franklin Templeton and Hashdex's Bitcoin spot ETF proposal. This move is pushing up expectations for a Bitcoin spot ETF to appear early next year.
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#bitcoin #ethereum #crypto2023
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SPAIN REQUIRES CITIZENS TO DECLARE CRYPTO ASSETS
Spain's tax administration has announced new regulations requiring its citizens to declare crypto assets held on cryptocurrency platforms abroad. This is considered part of the effort to collect crypto taxes in the land of bullfighting.
The Spanish tax administration has recently made a series of moves to regulate crypto investors and owners. However, this regulation only applies to individuals whose crypto assets exceed 50,000 Euros (equivalent to 55,000 US dollars).
Besides Spain, many other countries are also drawing up a legal framework to collect crypto income tax such as Turkey, Thailand, Italy... Particularly the United States wants to impose taxes on crypto brokers and exchanges. DeFi formula and staking activities.
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#bitcoin #ethereum #crypto2023
Spain's tax administration has announced new regulations requiring its citizens to declare crypto assets held on cryptocurrency platforms abroad. This is considered part of the effort to collect crypto taxes in the land of bullfighting.
The Spanish tax administration has recently made a series of moves to regulate crypto investors and owners. However, this regulation only applies to individuals whose crypto assets exceed 50,000 Euros (equivalent to 55,000 US dollars).
Besides Spain, many other countries are also drawing up a legal framework to collect crypto income tax such as Turkey, Thailand, Italy... Particularly the United States wants to impose taxes on crypto brokers and exchanges. DeFi formula and staking activities.
_____
#bitcoin #ethereum #crypto2023
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
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