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@belovedbitcoin
Blockchain Developer & BNB Chain Advocate
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Rug Pull and its signs
A total of $7.21B has been lost to hacks and rug pull in #DeFi Here is everything you need to know about rug pull and its signs🧵 Rug pool is a common kind of crypto scam where developers or individuals intentionally manipulate the price of a token or coin in order to deceive investors and make sudden profit at their expense. Rug pools often take place on DEXes where there are fewer regulatory safeguards in place to protect investors.There are two forms of rug pool▪️HARD RUG POOLA hard rug pull
#Binance released Its First Self-Custody Web3 MPC Wallet
Coinbase & OKX, also have #Web3 MPC wallets.
MPC involves a private key being broken up into three parts called key shares, with two of the three key shares being controlled by the wallet owner.
MPC stands for Multi-Party Computation, and a web3 MPC wallet is a type of digital wallet that utilizes this technology to enhance security and privacy. 🛡️✨
In a nutshell, a web3 MPC wallet uses cryptographic protocols and distributed computing to ensure that private keys are securely generated, stored, and used. Unlike traditional wallets, which may store private keys in a single location, a web3 MPC wallet distributes the key across multiple parties, preventing any single party from gaining access to it. 🤝🔐
The idea behind this approach is to eliminate the risk of a single point of failure and increase resistance against hacking attempts. It adds an extra layer of protection to your digital assets and transactions in the decentralized world of web3.
Coinbase & OKX, also have #Web3 MPC wallets.
MPC involves a private key being broken up into three parts called key shares, with two of the three key shares being controlled by the wallet owner.
MPC stands for Multi-Party Computation, and a web3 MPC wallet is a type of digital wallet that utilizes this technology to enhance security and privacy. 🛡️✨
In a nutshell, a web3 MPC wallet uses cryptographic protocols and distributed computing to ensure that private keys are securely generated, stored, and used. Unlike traditional wallets, which may store private keys in a single location, a web3 MPC wallet distributes the key across multiple parties, preventing any single party from gaining access to it. 🤝🔐
The idea behind this approach is to eliminate the risk of a single point of failure and increase resistance against hacking attempts. It adds an extra layer of protection to your digital assets and transactions in the decentralized world of web3.
Significant #bitcoin inflow into larger wallets, which suggests institutional investor demand.
-JP Morgan.
-JP Morgan.
Bitcoin Price: $100,000! ------ Can you believe it?
Well, let's get back to reality.
However, considering recent 20% increase, we might not have to wait much longer.
Now, let's explore the SIX factors that are potentially driving the bullish trend
Many of us in the bear market might have forgotten what a growing market looks like. But yesterday's price surge served as a reminder, and it got many people wondering: Is this a reversal or just another correction in a downtrend?
I believe this could be the beginning of a new cycle, and here's why:
F
However, considering recent 20% increase, we might not have to wait much longer.
Now, let's explore the SIX factors that are potentially driving the bullish trend
Many of us in the bear market might have forgotten what a growing market looks like. But yesterday's price surge served as a reminder, and it got many people wondering: Is this a reversal or just another correction in a downtrend?
I believe this could be the beginning of a new cycle, and here's why:
F
What is Blockchain Tokenization?
Tokenization of Assets on the Blockchain is a 4-step process: Authentication, Provenance, Fractionalization, and Trading.
Tokenization of Assets on the Blockchain= Authentication+ Provenance+ Fractionalization+ Trading
Tokenization of Assets on the #Blockchain is a 4-step process: Authentication, Provenance, Fractionalization, and Trading.
Step 1: Authentication
Authentication ensures the legitimacy of the asset being tokenized.
This involves:
Verification of the Asset: Depending on the asset t
Tokenization of Assets on the Blockchain= Authentication+ Provenance+ Fractionalization+ Trading
Tokenization of Assets on the #Blockchain is a 4-step process: Authentication, Provenance, Fractionalization, and Trading.
Step 1: Authentication
Authentication ensures the legitimacy of the asset being tokenized.
This involves:
Verification of the Asset: Depending on the asset t
Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. #Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F’d. Please tell your friends to “Wake up.” Take care. - Robert Kiyosaki
27th October, 2023 IS THE THE LAST DATE!
The De.Fi Early Adopter Program is Ending!
It has been several months since De.Fi SocialFi - the most comprehensive Social Platform of #Web3 . With HUNDREDS of thousands of users already onboard.
With De.Fi #SocialFi, it was possible for anyone to embrace access to an exclusive community, and become a part of it.
De.Fi SocialFi was a place that united everyone: founders of the largest web3 protocols were connecting with the most simple degens, and were getting along to chat, compete for XP, and share some alpha.
The noteworthy aspect of this endeavor is that every member of De.Fi SocialFi has acquired the esteemed "Early Adopter" badge, symbolizing their INVOLVEMENT and proactive CONTRIBUTION to De.Fi during its initial stages.
And this commitment is deeply appreciated.
However, it is imperative to take the next step, advancing our development to attain greater heights.
Therefore, on Friday 27th, De.Fi will STOP the "Early Adopter" program.
Following this date, acquiring this badge will become IMPOSSIBLE.
If you haven't yet claimed your Early Adopter Badge, it's not the most advantageous situation, but there might still be a chance.
Get the code & Claim your Early Adopter Badge!
1) Simply go to https://de.fi/claim/?invite=DEFI-da73a055
2) Click Claim your Early Adopter Handle
3) Click Continue > Enter Email > Verify Email
4) Create Username (choose wisely)
5) Set up password and there you go!
ONLY "8" INVITES LEFT. HURRY UP!!!
The De.Fi Early Adopter Program is Ending!
It has been several months since De.Fi SocialFi - the most comprehensive Social Platform of #Web3 . With HUNDREDS of thousands of users already onboard.
With De.Fi #SocialFi, it was possible for anyone to embrace access to an exclusive community, and become a part of it.
De.Fi SocialFi was a place that united everyone: founders of the largest web3 protocols were connecting with the most simple degens, and were getting along to chat, compete for XP, and share some alpha.
The noteworthy aspect of this endeavor is that every member of De.Fi SocialFi has acquired the esteemed "Early Adopter" badge, symbolizing their INVOLVEMENT and proactive CONTRIBUTION to De.Fi during its initial stages.
And this commitment is deeply appreciated.
However, it is imperative to take the next step, advancing our development to attain greater heights.
Therefore, on Friday 27th, De.Fi will STOP the "Early Adopter" program.
Following this date, acquiring this badge will become IMPOSSIBLE.
If you haven't yet claimed your Early Adopter Badge, it's not the most advantageous situation, but there might still be a chance.
Get the code & Claim your Early Adopter Badge!
1) Simply go to https://de.fi/claim/?invite=DEFI-da73a055
2) Click Claim your Early Adopter Handle
3) Click Continue > Enter Email > Verify Email
4) Create Username (choose wisely)
5) Set up password and there you go!
ONLY "8" INVITES LEFT. HURRY UP!!!
7 ways to access #GPT4 for free! 🤯
1 - bing.com/new
2 - huggingface.co/spaces/ysharma/ChatGPT4
3 - ora.sh/openai/gpt4
4 - nat.dev
5 - poe.com
6 - merlin.foyer.work
7 - aidungeon.io
1 - bing.com/new
2 - huggingface.co/spaces/ysharma/ChatGPT4
3 - ora.sh/openai/gpt4
4 - nat.dev
5 - poe.com
6 - merlin.foyer.work
7 - aidungeon.io
THE WORLD IS increasingly designed to depress us. Happiness isn’t very good for the economy. If we were happy with what we had, why would we need more? How do you sell an anti-ageing moisturiser?
You make someone worry about ageing. How do you get people to vote for a political party? You make them worry about immigration. How do you get them to buy insurance?
By making them worry about everything. How do you get them to have plastic surgery? By highlighting their physical flaws. How do you get them to watch a TV show?
By making them worry about missing out. How do you get them to buy a new smartphone? By making them feel like they are being left behind. To be calm becomes a kind of revolutionary act.
To be happy with your own non-upgraded existence. To be comfortable with our messy, human selves, would not be good for business.
- Matt Haig, Reasons to Stay Alive
You make someone worry about ageing. How do you get people to vote for a political party? You make them worry about immigration. How do you get them to buy insurance?
By making them worry about everything. How do you get them to have plastic surgery? By highlighting their physical flaws. How do you get them to watch a TV show?
By making them worry about missing out. How do you get them to buy a new smartphone? By making them feel like they are being left behind. To be calm becomes a kind of revolutionary act.
To be happy with your own non-upgraded existence. To be comfortable with our messy, human selves, would not be good for business.
- Matt Haig, Reasons to Stay Alive
Today, let's dive into the relationship between liquidity and market caps in the world of cryptocurrencies. 📈💰
Liquidity refers to the ease with which an asset can be bought or sold without causing significant price movements. In simpler terms, it's about how quickly you can convert your crypto holdings into cash or other assets. Higher liquidity means there are more buyers and sellers in the market, resulting in smoother transactions and narrower bid-ask spreads.
Now, let's talk about market caps. Market cap, short for market capitalization, is the total value of a cryptocurrency. It's calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap is often used to gauge the size and popularity of a cryptocurrency.
Here's an example to illustrate the relationship: Imagine two cryptocurrencies, CryptoA and CryptoB. Both have the same market cap of $1 million. However, CryptoA has higher liquidity compared to CryptoB. This means that CryptoA has a larger number of active buyers and sellers, making it easier to trade and convert into cash.
Due to its higher liquidity, CryptoA will likely experience smaller price fluctuations and tighter bid-ask spreads. On the other hand, CryptoB, with lower liquidity, may have wider bid-ask spreads and potentially larger price swings when buying or selling.
So, in summary, higher liquidity generally leads to smoother trading experiences and more stable prices, while lower liquidity can result in higher volatility and potentially less favorable trading conditions. It's important for investors to consider both liquidity and market caps when assessing the attractiveness of a cryptocurrency.
Liquidity refers to the ease with which an asset can be bought or sold without causing significant price movements. In simpler terms, it's about how quickly you can convert your crypto holdings into cash or other assets. Higher liquidity means there are more buyers and sellers in the market, resulting in smoother transactions and narrower bid-ask spreads.
Now, let's talk about market caps. Market cap, short for market capitalization, is the total value of a cryptocurrency. It's calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap is often used to gauge the size and popularity of a cryptocurrency.
Here's an example to illustrate the relationship: Imagine two cryptocurrencies, CryptoA and CryptoB. Both have the same market cap of $1 million. However, CryptoA has higher liquidity compared to CryptoB. This means that CryptoA has a larger number of active buyers and sellers, making it easier to trade and convert into cash.
Due to its higher liquidity, CryptoA will likely experience smaller price fluctuations and tighter bid-ask spreads. On the other hand, CryptoB, with lower liquidity, may have wider bid-ask spreads and potentially larger price swings when buying or selling.
So, in summary, higher liquidity generally leads to smoother trading experiences and more stable prices, while lower liquidity can result in higher volatility and potentially less favorable trading conditions. It's important for investors to consider both liquidity and market caps when assessing the attractiveness of a cryptocurrency.