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🪙 Crypto and Blockchain News (Mar 12, 2024): 1️⃣ Lookonchain: On March 10th, a user spent 0.025 #SOL ($4) to purchase 4,367,218.49 BALLZ. Five hours later, after a significant token price surge, they sold the assets for 428.15 SOL ($63,400). 🚀 2️⃣ Tether: #Tether company will launch the #USDT stablecoin on the EVM-compatible layer-one blockchain of Celo. According to the statement, the network's ecosystem spans over 1000 projects across more than 150 countries. 💡 3️⃣ USDM: This Saturday, the popular crypto project Cardano will launch #USDM — its first fiat-backed stablecoin. It's known that USDM will be pegged to the US dollar. Initially, the novelty will be available in 19 US states. 🌎 4️⃣ miles jennings: Governor of Wyoming (USA) Mark Gordon signed the Decentralized Unincorporated Nonprofit Association Act (DUNA), providing DAOs legal status. The document will enable DAOs to operate within the existing US legislation, enter contracts with third parties, open bank accounts, litigate, and pay taxes. 🏛️ 5️⃣ Stefan George: Ahead of the Dencun upgrade on the Ethereum network, developers at Gnosis Chain activated #BLOB transactions for sidechain scalability. BLOB transactions will launch on the Ethereum mainnet on March 13th during the hard fork. 🔄 👉 Subscribe to our channel to stay updated on the latest news in the world of cryptocurrencies and blockchain technologies!

🪙 Crypto and Blockchain News (Mar 12, 2024):

1️⃣ Lookonchain: On March 10th, a user spent 0.025 #SOL ($4) to purchase 4,367,218.49 BALLZ. Five hours later, after a significant token price surge, they sold the assets for 428.15 SOL ($63,400). 🚀

2️⃣ Tether: #Tether company will launch the #USDT stablecoin on the EVM-compatible layer-one blockchain of Celo. According to the statement, the network's ecosystem spans over 1000 projects across more than 150 countries. 💡

3️⃣ USDM: This Saturday, the popular crypto project Cardano will launch #USDM — its first fiat-backed stablecoin. It's known that USDM will be pegged to the US dollar. Initially, the novelty will be available in 19 US states. 🌎

4️⃣ miles jennings: Governor of Wyoming (USA) Mark Gordon signed the Decentralized Unincorporated Nonprofit Association Act (DUNA), providing DAOs legal status. The document will enable DAOs to operate within the existing US legislation, enter contracts with third parties, open bank accounts, litigate, and pay taxes. 🏛️

5️⃣ Stefan George: Ahead of the Dencun upgrade on the Ethereum network, developers at Gnosis Chain activated #BLOB transactions for sidechain scalability. BLOB transactions will launch on the Ethereum mainnet on March 13th during the hard fork. 🔄

👉 Subscribe to our channel to stay updated on the latest news in the world of cryptocurrencies and blockchain technologies!

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📈 Prediction (BTC and SOL): 😀 BTC/USDT - After reaching a new historical high this month, the #BTC rally paused amid market cooling. Many saw this as a sign of a market peak, but it might just be the midpoint of the cycle. Investor confidence in Bitcoin, particularly relative realized profit metrics, supports this scenario. Comparing profit-taking in the current bull cycle to that of 2021, investors appear much more steadfast this time. In 2021, around the historical high of $64,500, realized profit was 3%. Forecast: On the 3-day chart, #Bitcoin finds support from the Wyckoff model, which identifies market trends and potential reversals. This technical analysis concept analyzes price movement and volumes to determine market accumulation and distribution phases. However, if the Bitcoin price dips below the support level, the decline could reach $63,159. Losing this level would weaken the bullish scenario, leading to a correction towards $60,000. 🤫 SOL/USDT - Two days ago, Solana's price reached the 50-day EMA support at $160 and rebounded strongly. Additionally, the Moving Average Convergence Divergence (MACD) histogram shows a bullish impulse over the last three days. However, the MACD lines are bearish, and the Relative Strength Index (RSI) remains neutral. Forecast: Currently, reliable Fibonacci supports are observed around $160 and $130. In the event of a significant correction, Solana could retreat to the "golden ratio" support around $85, though such a scenario appears unlikely at the moment. The outlook for Solana against Bitcoin is notably different. After bearish divergence on the weekly RSI, #SOL faced rejection at the "golden ratio" resistance level around 0.003 BTC, indicating a potential rebound. Meanwhile, the price may bounce off the Fibonacci level of 0.0021-0.0023 BTC, initiating an upward trajectory. If Solana fails to find support in the aforementioned range, it could decline to the 0.00145 BTC level. 🔍 Share your review with others!
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🔐 Cyber News (Apr 12, 2024): 1️⃣ McBiblets: User #McBiblets found "wallet emptiers" embedded in advertisements on the Ethereum explorer site Etherscan. According to their analysis, these fraudulent banners are linked to other discovered phishing websites related to digital assets via the domain "ipjsonapi." When users click on the link, they are prompted to link their cryptocurrency wallet to receive some service, thereby giving scammers control over the victim's account. 🛑 2️⃣ STFIL: Chinese police are investigating the #STFIL protocol based on Filecoin, with part of the technical team under arrest. Representatives of the project made this statement. The reason for the investigation is unknown. The team is seeking lawyers to release their colleagues. The STFIL team has turned to the community for help in tracking funds and protecting their interests. 🔍 3️⃣ NYSD: On April 8, 2024, in the United States, the trial of #DeFi protocol hacker Avraam Aizenberg from Mango Markets began. The protocol was attacked for $116 million in October 2022. The perpetrator used a method of attack involving flash loans. 💼 4️⃣ CoinDesk: Around 50% of projects on the #Solana network that used a token distribution model via pre-sales turned out to be fraudulent. Scammers utilized social engineering methods on platforms like Telegram, X, and Discord to deceitfully engage users with malicious smart contracts or websites, experts noted. 🔒 5️⃣ Will Sheehan: Users of the Blast-based Pac Finance lending protocol lost $26.8 million due to a sudden change in parameters of ezETH loans made by a developer's wallet. ❗️ ✨ Subscribe to our channel to stay updated on the latest news and security tips in the cryptocurrency world!
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🪙 Crypto News (Apr 1, 2024): 1️⃣ hayden.eth: The #Uniswap has received a warning from the U.S. Securities and Exchange Commission (SEC) about a potential lawsuit. According to Uniswap's creator, it has long been evident that instead of implementing clear and reasoned rules, the #SEC has chosen to focus on longstanding players like Coinbase. Meanwhile, bad actors like FTX evade the regulator's attention. 🚀 2️⃣ Binance: Binance Labs, the venture arm of the exchange of the same name, has invested an undisclosed amount in the Bitcoin restaking protocol BounceBit. As representatives of the organization have stated, the idea behind the BounceBit project is to expand the applications of Bitcoin. Through strategies such as financing rate arbitrage and issuing on-chain certificates for restaking and mining, the protocol combines the functionalities of centralized (CeFi) and decentralized finance (DeFi). 💡 3️⃣ The Block: Bitfinex Securities platform will issue tokenized debt obligations for the construction of the Hampton by Hilton hotel complex at the #Salvador international airport. The product is managed by the company Inversiones Laguardia SA de CV. The token will appear on the Liquid Network sidechain of Bitcoin under the ticker HILSV and can be purchased with U.S. dollars or the USDT stablecoin. 🏨 4️⃣ Edgar: Edgar Pavlovski, the creator of the Solana-based lending platform MarginFi, has announced his departure from the project, leading to a significant outflow of funds from the protocol. 💸 5️⃣ BNB Chain: On April 11, the BNB Chain ecosystem announced the start of the online hackathon "OneBNB – Coding the Future", where Web3 developers will compete for a prize pool of $470,000. Among the sponsors of the event are Baby Doge and Holoworld AI, among others. 💻 🖖 What do you think about the situation with Uniswap and the SEC? What could be the implications for decentralized exchanges?
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