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An Estonian will create an AI copy of himself to recover his Ethereum wallet password
The co-founder of the Estonian LHV Bank, Rain Lõhmus, lost the password to a wallet with 250,000 ETH (more than $473 million at the time of writing) and intends to recover it using artificial intelligence. He spoke about this in an interview with ERR.
The businessman received the coins during the ICO of the second largest cryptocurrency by capitalization in July 2015. Since then they have been motionless. At that time, the purchase cost him $75,000.
On November 10, 2021, when the price of Ethereum reached ATH ~$4800, Lõhmus’ savings reached $1.22 billion. But even the current balance is similar to the amount at which the share of his core business is estimated.
The businessman admitted that he had lost the password to his wallet and had not yet made any special efforts to recover it. Nevertheless, now he is ready to accept outside help in this matter and even resort to the latest technologies:
"My plan is to create Ryne Lõhmus as an AI and see if he can get his memories back."
The Estonian called the possibility of losing access to funds a “weak point” of the blockchain.
#BTC #etf #BinanceSquareTalks #AA #BinanceSwap
The co-founder of the Estonian LHV Bank, Rain Lõhmus, lost the password to a wallet with 250,000 ETH (more than $473 million at the time of writing) and intends to recover it using artificial intelligence. He spoke about this in an interview with ERR.
The businessman received the coins during the ICO of the second largest cryptocurrency by capitalization in July 2015. Since then they have been motionless. At that time, the purchase cost him $75,000.
On November 10, 2021, when the price of Ethereum reached ATH ~$4800, Lõhmus’ savings reached $1.22 billion. But even the current balance is similar to the amount at which the share of his core business is estimated.
The businessman admitted that he had lost the password to his wallet and had not yet made any special efforts to recover it. Nevertheless, now he is ready to accept outside help in this matter and even resort to the latest technologies:
"My plan is to create Ryne Lõhmus as an AI and see if he can get his memories back."
The Estonian called the possibility of losing access to funds a “weak point” of the blockchain.
#BTC #etf #BinanceSquareTalks #AA #BinanceSwap
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ORDI price increased by 47% after listing announcement on Binance
The largest cryptocurrency exchange Binance has announced the listing of Ordinals (ORDI). Against the backdrop of the announcement, the price of the token soared by 47% - from around $7.5 to $11.
An asset with a capitalization of ~$228 million ranks 159 in the CoinGecko rating.
The listing was originally scheduled for November 7 at 10:00 UTC. The addition of the token to the platform was then postponed to 12:00 UTC without explanation.
Crypto asset trading will be available in the following pairs:
ORDI/BTC;
ORDI/USDT;
ORDI/TRY.
The possibility of withdrawing the coin will open the next day, November 8.
The exchange also plans to add the ORDI/USDT instrument for margin trading.
The platform warned that the token is “relatively new and poses a higher-than-usual risk.” The coin will be assigned a so-called Seed Tag, indicating significant volatility of the financial product.
Previously, mining pool Binance announced the launch of Ordinals Inscription Service. The solution makes it easier for users to create Bitcoin NFTs.
#BTTC #BinanceSquareTalks #BNB #BTC #etherium
The largest cryptocurrency exchange Binance has announced the listing of Ordinals (ORDI). Against the backdrop of the announcement, the price of the token soared by 47% - from around $7.5 to $11.
An asset with a capitalization of ~$228 million ranks 159 in the CoinGecko rating.
The listing was originally scheduled for November 7 at 10:00 UTC. The addition of the token to the platform was then postponed to 12:00 UTC without explanation.
Crypto asset trading will be available in the following pairs:
ORDI/BTC;
ORDI/USDT;
ORDI/TRY.
The possibility of withdrawing the coin will open the next day, November 8.
The exchange also plans to add the ORDI/USDT instrument for margin trading.
The platform warned that the token is “relatively new and poses a higher-than-usual risk.” The coin will be assigned a so-called Seed Tag, indicating significant volatility of the financial product.
Previously, mining pool Binance announced the launch of Ordinals Inscription Service. The solution makes it easier for users to create Bitcoin NFTs.
#BTTC #BinanceSquareTalks #BNB #BTC #etherium
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The XRP rate jumped by 13.8% over the past 24 hours, as a result of which the asset rose one place in the ranking of cryptocurrencies by market capitalization, displacing the BNB token from the Binance crypto exchange from fourth place. XRP trading volume grew from $1 billion to $2.5 billion over the same period, most of which came from spot trading. The rally could have been sparked by recent news of wider institutional adoption of the asset.
CoinGecko aggregator data
What else is known? On November 4, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual asset regulatory regime. This allows licensed firms in the Dubai International Financial Center (DIFC) to offer XRP to clients as part of their crypto services. On the same day, the Central Bank of Georgia announced that fintech company Ripple, which issues XRP, has been selected as a partner in the implementation of the digital lari project. The asset will be launched using Ripple's own platform for the creation of national cryptocurrencies by central banks (CBDC).
The authorities of Hong Kong and Taiwan have already begun to use this platform, and the Central Bank of New Zealand is also studying this possibility.
CoinGecko aggregator data
What else is known? On November 4, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual asset regulatory regime. This allows licensed firms in the Dubai International Financial Center (DIFC) to offer XRP to clients as part of their crypto services. On the same day, the Central Bank of Georgia announced that fintech company Ripple, which issues XRP, has been selected as a partner in the implementation of the digital lari project. The asset will be launched using Ripple's own platform for the creation of national cryptocurrencies by central banks (CBDC).
The authorities of Hong Kong and Taiwan have already begun to use this platform, and the Central Bank of New Zealand is also studying this possibility.
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Arthur Hayes against ETF approval?
His analysis is thought-provoking:
◾️Hayes warns that asset managers such as BlackRock are effectively “agents of the state” when acting in accordance with government instructions. This could undermine decentralization, the essence of cryptocurrencies.
It raises an important question: if BlackRock's ETF gets too large, it could result in Bitcoin becoming just "a bunch of immovable Bitcoin" with no real impact on the market.
◾️Hayes encourages people to think about the long term. The emergence of ETFs may drive up prices, but what are the ultimate consequences when one institution controls the majority of the cryptocurrency market?
#Сrypto #BinanceSquareTalks #BTCUSD #etf
#BTTC
His analysis is thought-provoking:
◾️Hayes warns that asset managers such as BlackRock are effectively “agents of the state” when acting in accordance with government instructions. This could undermine decentralization, the essence of cryptocurrencies.
It raises an important question: if BlackRock's ETF gets too large, it could result in Bitcoin becoming just "a bunch of immovable Bitcoin" with no real impact on the market.
◾️Hayes encourages people to think about the long term. The emergence of ETFs may drive up prices, but what are the ultimate consequences when one institution controls the majority of the cryptocurrency market?
#Сrypto #BinanceSquareTalks #BTCUSD #etf
#BTTC
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🔶Binance will support the rebranding of TomoChain (TOMO) to Viction (VIC)
⏺ November 20, 2023 at 05:30 (Kyiv time) TOMO deposits and withdrawals will be suspended.
⏺Binance will make a separate announcement after the event to let users know when VIC deposits and withdrawals will be open.
⏺TOMO tokens will have a VIC ticker on Binance (ratio 1 TOMO = 1 VIC).
⏺ November 20, 2023 at 05:30 (Kyiv time) TOMO deposits and withdrawals will be suspended.
⏺Binance will make a separate announcement after the event to let users know when VIC deposits and withdrawals will be open.
⏺TOMO tokens will have a VIC ticker on Binance (ratio 1 TOMO = 1 VIC).
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#DOGE shows simply wonderful movement!🔥
Let's look at the situation in a little more detail, on a local chart (4h Time Frame).
On the technical side, the Bullish Triangle is being worked out. At the same time, in the last 24 hours there has been active warming up and clear interest from the buyer, who is not yet planning to leave the coin. The local target is a resistance plate at $0.080-0.084; when this level is reached, it will be necessary to take profits and look at the bears’ response.
With profit, everyone who goes long with me, the market pleases with excellent movements. More to come!💵
#Dogecoin #BitcoinWorld #BTC.
Let's look at the situation in a little more detail, on a local chart (4h Time Frame).
On the technical side, the Bullish Triangle is being worked out. At the same time, in the last 24 hours there has been active warming up and clear interest from the buyer, who is not yet planning to leave the coin. The local target is a resistance plate at $0.080-0.084; when this level is reached, it will be necessary to take profits and look at the bears’ response.
With profit, everyone who goes long with me, the market pleases with excellent movements. More to come!💵
#Dogecoin #BitcoinWorld #BTC.
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Where in Ukraine Can You Pay with Crypto?
🟢 Stylus electronics store
🟢 "Foxtrot" is a network of household appliances
🟢 Varus is a chain of supermarkets
🟢 ANC - chain of pharmacies
🟢 DIM is a developer
🟢 Tickets is a site for searching and buying tickets
🟢Polis – search for insurance and financial products
🟢Mototek - motorcycle equipment store
🟢Barbos - products for animals
🟢UFL is a chain of shops with flowers and gifts
🟢Mister Cat - catering establishments
🟢Bronn Travel - travel services
🟢Interkassa is a payment system
🟢Bigmag - equipment and accessories for Apple
🟢UiPservise - repair of Apple equipment
🟢Rechi.Ua - a network of clothing stores. #binance #Bitcoin #BTC #BNB #ETH
🟢 Stylus electronics store
🟢 "Foxtrot" is a network of household appliances
🟢 Varus is a chain of supermarkets
🟢 ANC - chain of pharmacies
🟢 DIM is a developer
🟢 Tickets is a site for searching and buying tickets
🟢Polis – search for insurance and financial products
🟢Mototek - motorcycle equipment store
🟢Barbos - products for animals
🟢UFL is a chain of shops with flowers and gifts
🟢Mister Cat - catering establishments
🟢Bronn Travel - travel services
🟢Interkassa is a payment system
🟢Bigmag - equipment and accessories for Apple
🟢UiPservise - repair of Apple equipment
🟢Rechi.Ua - a network of clothing stores. #binance #Bitcoin #BTC #BNB #ETH
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📈TOP 6 IEO platforms by current ROI
Of course, Binance comes first, since they have tier1/tier2 level projects and an excellent market maker at the start.
I’m a little surprised that KuCoin is in 2nd place, apparently the success of some project brought them to the lead. I’m also surprised that Bybit is in 4th place, but lately their IEOs have really been so-so, since these are mostly no-name projects that are quickly disappearing.
Of course, Binance comes first, since they have tier1/tier2 level projects and an excellent market maker at the start.
I’m a little surprised that KuCoin is in 2nd place, apparently the success of some project brought them to the lead. I’m also surprised that Bybit is in 4th place, but lately their IEOs have really been so-so, since these are mostly no-name projects that are quickly disappearing.