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0.00003099 BTC
Market Cap (Rank#109)
13,170 BTC
Vol 24h
40.4376 BTC
Circulating Supply
Max Supply
29 days ago cryptodaily
SIMBA Chain and Alitheon Partner to Deliver End-to-End Authentication & Verification
South Bend, Indiana, 23rd February, 2023, ChainwireSIMBA Chain, the builder of Blocks, an enterprise-grade platform that abstracts the complexities of blockchain development to make the innovative technology more accessible across multiple blockchains and services, today announces the integration of Alitheon, the provider of FeaturePrint®, the machine-vision-based solution for authentication and traceability of physical goods. The go-to-market partnering agreement enables Alitheon to provide its customers with the ability to certify the authenticity and take ownership of digitized physical items using the blockchain-based FeaturePrint® system. SIMBA will extend Alitheon’s FeaturePrint to its own customer base, allowing them to first authenticate, and then trace, physical products through the entirety of their commercial lifecycle. FeaturePrint® allows for immediate authentication of an item using a smartphone using an advanced optical AI technology that digitizes items. SIMBA provides the infrastructure to enable the omnipresent tracking of real-world items through the blockchain by tying each physical item issued by a manufacturer to a unique NFT which acts as the item’s digital twin. From here, both the NFT and the item can be tracked from warehouse to customer to second-hand buyer and beyond, eliminating the possibility of replication, fraud or counterfeiting. Bryan Ritchie, CEO of SIMBA Chain, said: “The global gray and black market and counterfeiting industry has proven to be highly resistant to modern day technical solutions designed to curb the problem, while physical policing simply cannot match the scope and scale of the issue. By registering and digitizing physical items on the blockchain we can create an immutable public record of each item, and then follow its path from retailer to customer and beyond.” Using NFTs to represent physical items on the blockchain enables industrial materials like aircraft and automotive parts to be tracked in real-time through the supply chain, effectively eliminating risks associated with counterfeit parts or inadequate maintenance. Blockchain technology can also be used by diamond producers to confirm the quality and ethical sourcing of their precious stones using immutable data which proves the origin of the gemstones. SIMBA Chain provides governments and enterprises with interconnective blockchain-based solutions to address a number of areas, including supply chain management, financial accountability, medical data processing, and manufacturing lines. SIMBA recently ported the parts supply chain for Boeing’s F/A-18 combat aircraft onto its blockchain-based system, cutting time consuming paperwork costs by 40%, and reducing parts waste by 15%. In industries spanning aviation, automotive manufacturing, pharmaceuticals, luxury goods, and collectibles, counterfeiting and gray market activity poses an estimated $4.5 trillion annual challenge to brands and manufacturers. These activities have negative impacts on revenue, brand integrity, and, in some cases, the security and well-being of customers. The Alitheon SIMBA offering presents undeniable authentication of the physical item, coupled with an immutable ledger for storing ownership and other essential data. This ensures that any sales, upgrades, and maintenance activities are safely recorded for the entire lifespan of the item’s usage. The transparency and immutability provided by this solution surpasses current solutions, including certificates of authenticity, guaranteeing end-to-end verification and security for both the physical and digital aspects of the product that can’t be altered by anyone on the network. About SIMBA Chain Incubated at the University of Notre Dame in 2017, SIMBA Chain (short for Simple Blockchain Applications) provides a scalable enterprise platform that simplifies blockchain development. With fewer barriers to entry, companies can build secure, scalable, enterprise-grade solutions that integrate seamlessly with existing data systems. SIMBA implementations generate value for major government organizations, enterprises, and blockchain companies as a production-grade platform that enables public, private, or hybrid deployments. Visit to learn more. About Alitheon Alitheon® is a Bellevue, Washington-based leader in advanced optical AI and creator of FeaturePrint®, a patented system connecting the physical and digital worlds via a secure and immutable link. FeaturePrint digitizes for items and products, what fingerprints are for people – a one-of-a-kind, unique identifier that does not require you to mark, modify or add anything to the item. Using just a camera, FeaturePrinting enables authentication, identification, and traceability of individual items out of millions of similar objects. With FeaturePrint, counterfeits are avoided, misidentification of parts is eliminated, and the use of wrong products is minimized. FeaturePrint is currently used for numerous track, trace, and authentication purposes across automotive, pharmaceuticals, aerospace & defense, medical equipment, precious metals, and luxury goods & collectibles.ContactSimon [email protected]
38 days ago cryptodaily
Bitpanda-backed Pantos Launches Public Beta of Its Multichain Token System
Vienna, Austria, 14th February, 2023, ChainwirePantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks. Pantos is introducing a new Multichain Token Standard called PANDAS (Pantos Digital Asset Standard) to bring a truly multichain token system to the masses, enabling secure and seamless Web3 interoperability. Pantos currently supports seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to integrate more EVM and non-EVM chains continuously. The majority of today's Web3 applications and bridges lack the security and smooth user experience needed to bring Web3 functionalities to the masses. Pantos aims to improve this by offering a reliable infrastructure and the right tools to empower developers to easily create multichain assets. Pantos began in 2018 as an in-house research project by Bitpanda in collaboration with TU Wien (Austria) and later also TU Hamburg (Germany) to establish an open standard for truly decentralized multichain token transfers and blockchain interoperability. The public beta comes out after years of ground-breaking research in the fields of oracles, relays, smart contracts and blockchain efficiency. Pantos together with its researchers at the universities run one of the largest blockchain research labs in the world, as part of the Christian Doppler Laboratory Blockchain Technologies for the Internet of Things and have been able to secure funding for the project from the Austrian government. Eric Demuth, CEO and Co-Founder of both Pantos and Bitpanda, said “We are thrilled to introduce the public beta after years of research in collaboration with some of the most reputed universities in Europe. We believe that Multichain technology will be a catalyst for Web3 and foster widespread crypto adoption. Pantos offers users the simplest way to access a multichain Web3.” Bitpanda’s business expertise helps Pantos with the transition from a research project to a fully-functional product available to end users and developers in a simple and accessible way. Bitpanda will also be one of the first adopters of Pantos’ multichain token system. Furthermore, Pantos has secured a partnership with the leading Austrian bank, Raiffeisen Bank International (RBI), that is working with Pantos on blockchain interoperability solutions. Pantos’ native token PAN is currently available for trading on Bitpanda and N26. Researchers at Pantos are developing technology that will allow users to transfer digital assets of any kind freely between different blockchain protocols in a completely decentralized and trustless manner. Using the new PANDAS-20 standard, developers will be able to deploy assets on a variety of blockchains without maintenance work. Interested users or digital creators who lack coding skills will be able to deploy their own multichain tokens with ease. Though it aims to eventually become a fully decentralized open-source protocol with PAN as its own gas token, the public beta of Pantos comes with a trusted validation mechanism to ensure a smooth launch. This way, the team will ensure that the network cannot be attacked in its early stages, before it gradually evolves into a fully decentralized system. About Pantos Started as a research project by the team behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 truly interoperable. It aims to become an enabler for sophisticated Web3 applications. Pantos’ cutting-edge technology allows existing and upcoming tokens to be deployed on multiple blockchain networks, giving users the freedom to choose the most suitable network for their digital assets. It had secured $12.1 million in funding through an Initial Coin Offering (ICO) on Bitpanda in 2018. For more information, visit: Website | Twitter ContactMarsel [email protected]
45 days ago cryptodaily
WeTransfer To Launch NFTs With Blockchain Partner Minima
The file-sharing service WeTransfer has partnered with the blockchain platform Minima to launch non-fungible tokens (NFTs) on the network. Now Users Can WeTransfer NFTs WeTransfer users will soon be able to generate NFTs directly from their phones using the file-sharing app. The company has teamed up with Layer-1 blockchain and peer-to-peer network, Minima to set up a digital platform for the minting, sharing, and selling digital assets like NFT. The platform, which is currently in its testnet phase, will be made available to 180 countries with the launch of Minima’s globally distributed communications network in March. Addressing the collaboration, Damian Bradfield, Chief Creative Officer at WeTransfer, said, “WeTransfer is thrilled to work with Minima, whose vision is aligned strongly with ours to seamlessly connect people and facilitate innovation and creativity without sacrificing privacy.” Minima Values Data Privacy The Minima coin is the native currency for the blockchain and allows users to conduct peer-to-peer transfers without involving a third party. The NFT minting service will enable Minima cooperative users to create their own assets and share them on the network. Speaking on the partnership, Minima CEO Hugo Feiler commented, “We as a partnership look forward to supporting the development and acceleration of creativity in the digital age where individuals retain ownership and control of their work. This partnership will explore the practical use of NFT technology, something which interests not only the crypto industry, but will be a test case to demonstrate the potential of wider adoption of this innovative digital tool.” Additionally, creators will also be able to collect royalty payments for every sale and resale of their NFTs. However, in order to use the service, users will need to run a Minima code. Are NFTs Making A Comeback? WeTransfer still has a chokehold on the file transfer and file-sharing market. According to recent data, over 70 million people use WeTransfer to send around 2 billion files every month. Introducing NFT functionalities to such an expansive user base would expose a significant number of people worldwide to Web3 technology. NFTs and NFT platforms have been a method of choice for many companies looking to upgrade their offerings into the Web3 space. For example, the fantasy sports platform, Sorare, has recently signed a deal with Premier League to sell official digital sports cards of players from all 20 Premier League clubs. Despite the challenges of 2022, the NFT market is gradually clawing its way back into the mainstream once again, as is evident by the OpenSea NFT toolkit launched recently to help creators. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
47 days ago cryptodaily
FBI Seizes NFTs and Crypto Worth $250k From Scammer
The U.S.' Federal Bureau of Investigation has issued an official notification today which involved the seizure of crypto, digital assets, and NFTs worth roughly $250,000 from at least two different locations. First among these is about 2.2 BTC valued at $39k, seized by the agency in Houston, Texas for forfeiture. The total value of Bitcoin was seized from three different wallets. Another filing reported 86.5 in ETH worth $116k seized from a person of interest named Chase Senecal on October, 2022. An Audemars Piguet Royal Oak Watch worth $41,000 was also seized The same person also held NFTs worth $104k, which included Bored Ape Yacht Club #9658 and a Doodle #3114. According to profile details from OpenSea, both of these belonged to a user named "C55047" who still had activities on the platform as recent as two days ago. On-chain sleuth ZachXBT started the investigation on this scammer now known as "HZ," whose actions have resulted to the forfeiture of these aforementioned digital assets. A Twitter thread from ZachXBT back on September, 2022, led to the capture of Chase Senecal/HZ. 1/ Since Dec 2021 we’ve seen 600+ Discord servers compromised & 12+ NFT related Twitter accounts hacked as well. This has resulted in millions of dollars being stolen.Welcome to part 2 of tracking down the people responsible. — ZachXBT (@zachxbt) September 1, 2022 The scammer allegedly took over a number of Twitter accounts and funneled funds to his own wallets, directing payments from the crypto projects to himself. After ZachXBT saw Senecal flaunting the high-end timepiece that had been confiscated by federal authorities in October, his true identity was exposed. The crypto space is beginning to face more and more stringent regulations, as authorities clamp down on fraudulent activities. This recent seizure of crypto assets and NFTs serves as an example of the power that the FBI wields in the sphere of crypto regulation and adjacent laws that intersperse with it. With appropriate authority, crypto scams can be caught and dealt with swiftly, ensuring, to a certain extent, a safer environment for crypto newbies. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
63 days ago cointelegraph
SBF to forfeit $700M worth of assets if found guilty of fraud
While most of SBF’s have been seized, Federal prosecutor Damian Williams outlined that the government is also looking to take control of three of his affiliated Binance accounts.
63 days ago coindesk
U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTX
The U.S. seized $700 million of former FTX CEO Sam Bankman-Fried’s assets and is now seeking their forfeiture.
63 days ago cryptodaily
Charles Hoskinson mulls over potential Coin Desk purchase
The CEO of Cardano went to Twitter on Thursday and published his take on whether crypto news site CoinDesk might be a good buy. Charles Hoskinson is always prominent in putting his views forward, generally on the subject of his layer 1 blockchain Cardano. The Cardano community is large and fervent, and much interest is paid to what Hoskinson has to say. Buying Coindesk — Charles Hoskinson (@IOHK_Charles) January 19, 2023 His Tweet video on Thursday saw him giving a relaxed view on the possibility of perhaps buying CoinDesk. He thought that the leading crypto news site was worth around $200 million. He said that he hadn’t “seen any financials” but had heard that gross profit was $50 million. He thought that it was striking that Digital Currency Group (DCG) had bought the asset for only $500,000 back in 2016 and said that 400x over acquisition was “pretty interesting as a valuation”. Hoskinson stated that in his view the media had not given Cardano good press in the past, and that this was either because reporters had not “delved deeply enough”, or that there was “an agenda to defame”. He spoke about his doubts on The Block, which received money from FTX, and also CoinTelegraph, who he accused of being run by an “oligarch”. He said that his idea for owning a news site would be to instil “integrity” again in journalism. He spoke of a “veracity bonds” idea, which involved the journalist/news site putting a value down on a news story, which meant that if the story was proved to be incorrect, then the bond would be forfeited. “Wouldn't that be amazing in journalism where there’s a financial incentive for people to actually fact check the people who are the fact checkers?” Hoskinson mulled over the potential value that CoinDesk might have, and mentioned that it had a “pretty good events unit”, and that the operation of the site was pretty decent given that it attracted a lot of readers, although for him, $200 million was “a bit overpriced”. He thought that $5 to $10 million could be spent on growing a decentralised startup that would eventually get to the point where it would outcompete with its rivals. Hoskinson said that there was no “metaverse component” at Coindesk, nor was there a good video section. He speculated that it would be beneficial if the site took on more partnerships, and mentioned Messari as being one that could be more tightly integrated. He moved on to the question of how particular stories would be viewed if the readers thought that either Hoskinson, or Cardano might have given them a particular bias, but then went back to the veracity bonds idea, or the possible solution of making each article into an NFT. In conclusion, following how Hoskinson spoke about the potential purchase of CoinDesk, the feeling he gave was that he probably wouldn’t be making such a purchase, at least at the 200 million price point, although he did think it would be “fun” to restore integrity to journalism, and use CoinDesk to that end. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
65 days ago cryptodaily
Trading And Blockchain Technology For The Betterment Of the Finance Sector
Since it is distributed and unchangeable, a blockchain-based ledger makes it difficult to falsify transactions without alerting all stakeholders. Using the built-in capabilities of distributed ledger technology, the whole transaction history may be accessed with relative ease. Further, the aforementioned commodities trade procedures benefit from blockchain's inherent capacity to generate and transfer digital assets. Smart contracts have the ability to eliminate delays and automate tedious operations thanks to the real-time transactions and data they enable. Businesses suffer financial losses and missed opportunities as a result of widespread inefficiencies in the commodities trade industry. Here the amalgamation of trading and blockchain technology cone to the rescue. Businesses, investors, and everyone else involved in the commodities trading process can benefit from blockchain technology as it becomes more widely used. Trading And Blockchain Technology: Shedding Some Light To Trade Finance Banks, financial firms, institutional investors, and funds receive an estimated 30 percent of the gain from trade financing on the $4.4 trillion commodities markets. Specifically for trade inflows to and from emerging nations, the $1.6 trillion gap between demand and supply for trade finance was highlighted by the Asian Development Bank as a key development area for the global trade finance sector. This gap originates through know-your-customer (KYC) and regulatory difficulties as well as declining margins due to labor-intensive expenditures (operational, KYC, proper research). Problems with the Know Your Customer (KYC) and compliance requirements process can be solved with the help of distributed ledger technology, such as Ethereum. Multiple parties can track transactions in near real-time because of blockchain networks' transparent ledger and historical record. Permissioned blockchain consortiums can help regulatory authorities with anti-money laundering and audits. Last but not least, blockchain could improve supply (alternative financiers) and demand (businesses) for trade finance. The Advances In International Trade The global market for international trade is estimated to be about $16 trillion, including all cross-border purchases and sales of products and services. Basically, it may be broken down into two groups: 75% percent of all items are transported by transport and warehousing or the ground. In terms of percentage, commodities make up 25%. Lack of trust and cooperation between both exporters and importers, especially between emerging to developed markets, is a major problem for the trade and financial business from the perspective of the shipping and transportation sectors. Due to the intricate nature of business procedures involved in the global exchange of products and commodities, the industry as a whole continues to suffer from a number of operational inefficiencies. Examples include the shipping and trade industries, which continue to rely primarily on human labor and are impacted by manual, paper-based operations that are expensive, time-consuming, and prone to error. The inability of exporters and importers to get financing or guarantees for their transactions stunts development and reduces the advantages of globalization. Although some technologies, such as Commodities Trading & Risk Management (CTRM) systems, have proven effective, this sector has historically been particularly resistant to improvements in technology and digitization. What Kind Of An Effect Will Blockchain Have On Track And Trace? Participants who use supply chain networks can benefit from increased transparency afforded by blockchain technology as well as a centralized truth repository. The sending and receiving of goods could be sped up with the help of blockchain technology, which enables the intelligent tracing and tracking of orders, commodities, and delays. The interlinking of trading and blockchain technology has the following progressive charms; Digitization The majority of supply chains that are not integrated still rely on physical operations that are both insecure and wasteful. Stakeholders are able to digitize physical processes using smart contracts through the use of blockchain technology, which helps them handle these difficulties and boost efficiency. Furthermore, the birth of trade assistance bots like bitcoin traders to a greater extent helped businesses in leveling up their game. Authenticity There are challenges involved in authenticating the goods for everyone involved: the producers, the manufacturers, the retailers, and the customers. This encourages the making of fake goods. Using blockchain technology, the instant a product is created, it is possible to link it with a non-fungible token. After that, these tokens might be used in place of digital certificates. Administration of Distribution The vast majority of brands and merchants are unable to exert any control over distribution that occurs outside of their internal channels. They will be able to utilize smart contracts, which are enabled by blockchain technology, to create precise rules for managing distribution across numerous channels. Post-Sale Services Because they do not have access to information on the origin of a product, many retailers are unable to provide complete after-sales services to their customers. These services include product recalls, warranties, and maintenance. Using blockchain technology, they are able to build extra after-sales services by utilizing product life-cycle information that is protected by smart contracts. Transparency Customers have come to demand that information regarding the products' manufacturing methods and the raw materials used in their production be open and accessible. Each participant in the supply chain is able to offer information that has been verified thanks to blockchain technology. Ownership That Can Be Backed Up Customers typically have a tough time demonstrating ownership of goods. Theft and counterfeiting both benefit from this. Customers are able to gather and maintain non-fungible tokens that are associated with actual objects, and use these coins to establish product legitimacy and ownership, hence permitting safe secondary markets. This is made possible by blockchain technology. The Bottom Line It is anticipated that the total cost of utilizing the system will reduce as an increasing number of firms start to utilize the technology behind blockchains. Those that are interested in streamlining their processes relating to international trade may now find blockchain to be a more viable alternative as a result of this. The application of cryptocurrency technology has the capability to bring about a sea change in the way that international commerce is conducted. Blockchain is a technology to revolutionize international commerce by making it more effective and open to public scrutiny thanks to its capacity to expedite operations and cut expenses. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
66 days ago cryptodaily
Blockchain Benefits: The Technical Flowering Has Just Begun!
The way we conceive of challenges has shifted as a result of blockchain. It has resulted in a great many positive outcomes. Blockchain technology offers solutions to fundamental problems, such as maintaining trust within a network. Thus users can evidently witness the blockchain benefits. Any company can shift its attention to problem-solving if it modifies the essential operating parameters and increases its level of trust. Its relevance has not been lost on the governments of the world, and they are eager to put blockchain technology into practice. The issue that needs to be answered right now is, what are the benefits of utilizing blockchain technology? True Traceability Companies are able to concentrate on developing a distribution network that includes both suppliers and vendors when they use blockchain technology. It is difficult to trace objects in the conventional supply chain, which can lead to a variety of issues including loss of commodities, theft, and the production of counterfeit goods. The supply chain will be more open to scrutiny than ever before thanks to blockchain technology. It makes it possible for every participant in the supply chain to track the commodities and verify that they are not being mismanaged or substituted in any way during the process. The in-house implementation of blockchain traceability is another way for businesses to get the most out of this feature. Extreme Surveillance When compared to other systems or record-keeping systems, among several blockchain benefits, enhanced security features stand out as a clear advantage. When a transaction is registered, everyone must agree on it using the consensus mechanism. Additionally, a hashing algorithm is used to encrypt each transaction and properly link it to the previous one. The system's defenses are also made stronger by the fact that every node keeps a history of all network transactions. So, if a bad actor tries to change the transaction, other hubs will always say no to his request to compose actions to the system. Data that has been written to blockchain benefits cannot be changed after it is written. This is also the best choice for systems that are dependent on static information, like databases of people's ages based on information from the public. Inexpensive Operating System Companies currently invest substantial sums in enhancing the capacity of their current management system. That's why it's important to cut costs and use the money saved to start new projects or improve old ones. Organizations can save money often spent on middlemen by adopting blockchain technology. Blockchain eliminates the need for vendor fees because there is no central authority to charge. Additionally, less human intervention is required to validate a transaction, which further reduces the need to expend resources on mundane tasks. The Epitome Of Clarity Today, lack of openness is a major problem in many fields. Several changes in policy and practice have been made by various establishments in an endeavor to become more transparent. A system's degree of centralization, however, is the one thing that can ever make it less than transparent and trustworthy, alongwith the growth of reliable trading bots like the Bitcoin era. Using blockchain, a company can switch to a decentralized network in which a single administrator isn't necessary, increasing the openness of the system. "Peers" are the people who participate in and verify transactions in a blockchain network. Even though there is a requirement that all peers take part in the validation process, not all of them necessarily do so using the consensus approach. The consensus method is used to provide decentralized verification. After a transaction has been verified, all of the nodes store a replica of the confirmed record. The blockchain system takes care of this openness. Organizational settings magnify the effects of transparency. As was already mentioned, governments can take advantage of transparency when creating, implementing and operating, or holding elections. Efficiency Wrapped Under Speed Lanes Increased productivity and speed in industrial settings is blockchain's final advantage. Blockchain technology allows for the automation of tedious tasks, drastically improving productivity. With the use of automation, it gets rid of mistakes made by people as well. The digital ledger facilitates this by giving users a centralized database for recording business dealings. When procedures are streamlined and automated, time and effort are saved, and production speeds up significantly. It's much simpler for everybody to trust one another because the data is all kept in a decentralized ledger. In brief, blockchain employs its unique form of data storing to deliver a highly efficient procedure with trust, openness, and immutability. The Final Thoughts Whether a company chooses to utilize a global blockchain network or a private, permissioned one, blockchain and its properties can offer numerous benefits. As a result, this concludes our discussion of the foremost advantages of blockchain technology. With this newfound understanding of blockchain's significance, you can decide for yourself whether or not to implement this technology. In every industry, blockchain will have far-reaching consequences because of its revolutionary nature. To help you better relate to and appreciate its benefits, we have focused on only the most relevant areas. However, the ultimate choice is up to you. This manual is meant to serve as a resource to assist you in selecting the best choice for your company. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
67 days ago cryptodaily
BTC Retakes $20k, Crypto Daily TV 16/1/2023
In Todays Headline TV CryptoDaily News: BTC retakes $20k. Bitcoin's 2023 surge continues, with the crypto now above $20,000 for the first time since the FTX collapse in early November. Bitcoin has gained more than 20% in the opening two weeks of this year. Still, the crypto - which topped $65,000 in Nov. 2021 - remains near the low end of a brutal bear market. Twitter’s plan for crypto integration remains unknown. Twitter, a popular microblogging platform owned by Elon Musk filed to be a financial services company. While the crypto community awaits the social media giant’s crypto integration plans, the DOGE community identified a tool to accept tips on Twitter and other digital platforms. BitConnect’s victims to receive $17M in restitution. A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous global scam that collapsed in 2018. The money will come from the $56 million forfeited by one of BitConnect’s top promoters, Glenn Arcaro. The last session saw BTC fall 0.3% against USD. The Bitcoin-Dollar pair dropped 0.3% in the last session. The ROC is giving a negative signal, going against our overall technical analysis. Support is at 193171 and resistance at 221231. The ROC is currently in the negative zone. ETH/USD remained largely unchanged in the last session. The Ethereum-Dollar pair traded sideways in the last session. The Ultimate Oscillator indicates an overbought market. Support is at 1399.71 and resistance at 1649.621. The Ultimate Oscillator points to an overbought market. XRP/USD plummeted 2.4% in the last session. The Ripple-Dollar pair plummeted 2.4% in the last session. The Stochastic indicator is giving a positive signal. Support is at 0.3611 and resistance at 0.4261. The Stochastic indicator is currently in the positive zone. LTC/USD remained largely unchanged in the last session. The Litecoin-Dollar pair traded sideways in the last session. The RSI indicates an overbought market. Support is at 83.241 and resistance at 93.21. The RSI points to an overbought market. Daily Economic Calendar: EMU Eurogroup Meeting Eurogroup meetings are attended by the Eurogroup President, the Finance Minister of each Member State of the Euro area, the Commissioner for economic and monetary affairs, and the President of the European Central Bank. The Eurozone's Eurogroup Meeting will be released at 00:00 GMT, Germany's Wholesale Price Index at 07:00 GMT, the Austrian HICP at 08:00 GMT. DE Wholesale Price Index The Wholesale Price Index shows the value of sales made by wholesalers, which is related to retail trade and consumption. AT HICP The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI). JP Machine Tool Orders The Machine Tool Orders shows movements in tool orders by manufacturers. It indicates the state of the japanese economy. Japan's Machine Tool Orders will be released at 06:00 GMT, Australia's Consumer Inflation Expectations at 00:00 GMT, Korea's Trade Balance at 02:00 GMT. AU Consumer Inflation Expectations The Consumer Inflation Expectation presents the consumer expectations of future inflation for the next 12 months, which may influence rate decisions. KR Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
78 days ago cryptopotato
Magic Eden to Reimburse Users Tricked into Buying Counterfeit NFTs
The marketplace confirmed that the issue was resolved.
79 days ago coindesk
US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told
Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes
88 days ago cryptodaily
Top Crypto Wallets in 2023
Cryptocurrencies are gaining ground as the popularity of digital asset transactions as a means of payments is growing. With the total user base of cryptocurrencies spilling over the 290 million mark, it is easy to fathom that with such turbulence on the crypto market, users will be concerned with the safety of their assets. Online search engine queries are brimming with requests for the “best crypto wallet”, but in light of the collapse of the FTX exchange, users have started searching for non-custodial wallets en masse. Indeed, the need for a free of custody wallet is becoming acute as cryptocurrencies are entering the financial and commercial mainstream markets. And with the abundance of decentralized wallet options available on the market, the mind boggles of the possibilities. As such, we have compiled a list of the best non-custodial crypto wallets to answer the question of which crypto wallet is best for beginners. NOW Wallet When it comes to crypto wallet app choices, few representatives of the non-custodial ilk can match the offering provided by NOW Wallet. This convenient and versatile product was released by the popular ChangeNOW exchange ChangeNOW, combining the best of its technological solutions and security measures that have been perfected by years of market operation. The NOW Wallet has both a desktop crypto wallet and mobile versions suited for iOS and Android, making it ideal for both businesses and users with on-the-go attitudes. In fact, the features borrowed from the parent exchange make NOW Wallet ideal for business needs thanks to its dedicated portfolio formation options that can be suited for both personal and enterprise application. Most importantly, NOW Wallet allows users to conduct operations right inside the application thanks to the built-in exchange service from ChangeNOW, which facilitates cryptocurrency purchases for fiat via a convenient on-ramp. This means that users no longer need to export their assets from the wallet to external trading venues and are thus freed from the burden of having to pay extra commissions. With its round-the-clock support service that provides prompt troubleshooting, NOW Wallet is truly user-oriented, especially taking into consideration the fact that its internal crypto exchange rate is always in favor of the user. Weekly updates and a robust user interface that is both streamlined and easy to navigate give NOW Wallet a considerable edge in the UI and UX departments. NOW Wallet also supports over 500 cryptocurrencies and 70,000 trading pairs across more than 40 blockchain networks. Security With security being in top focus on the part of users, NOW Wallet has the given aspect covered, in large part thanks to its legacy of the ChangeNow exchange, which has perfected its security measures. KYC and identity verification are not mandatory for accessing funds stored on NOW Wallet, but it does allow users to retain control of their private keys and includes the standard lineup of security features like 2-Factor Authentication. A recently included function is protection from dust attacks, since NOW Wallet hides spam transactions from the history feed and thus safeguards users from unnecessary information flows. Special Functions NOW Wallet comes equipped with a long list of special functions and features that place it rightfully at the top of the given lineup of candidates for the title of best crypto wallet: On-ramps for cryptocurrency purchases using fiat; Staking options for BNB, NOW, TRX, ATOM, SOL, and XTZ; Options for storing, transferring and receiving NFTs; 0.1% cashback for operations carried out through the ChangeNOW Pro application; Availability of WalletConnect with QR code inside the application for connection to Dapps on various networks, including Ethereum, BSC, AVAX, Polygon, Fantom, Optimism, and Algorand; Multiple wallets formation options for tailoring the wallet to personal or business use cases; Custom token addition options. Pros Multifunctional; User-friendly interface; Free to use; Non-custodial; High resilience to external influence; Mobile and desktop options; In-app cryptocurrency purchase and exchange options. Cons No support for Trezor and Ledger hardware wallets; Relatively new product. Coinbase Wallet Coinbase is a popular name on the cryptocurrency market thanks to its established reputation as a reliable exchange. The Coinbase Wallet is the result of continued development of the platform, offering users a reliable non-custodial digital asset storage option. Coinbase Wallet is hosted solely on the mobile device of the user, bypassing the parent exchange’s servers, thus allowing the owner to retain complete control over their private keys. The wallet supports thousands of different tokens from the Ethereum network and all other EVM-compatible networks, including Poylgon, Avalanche and C-Chain. Among the other assets presented on the list are stablecoins, such as USDT, USDC and DAI. Security Coinbase Wallet leverages Secure Enclave Technology for safekeeping users’ private keys on mobile devices. The standard lineup of additional security layers includes SMS authentication via a verified phone number, 2-Factor Authentication, and seed phrase. Special Functions Coinbase Wallet comes complete with a set of features that make it attractive as an option for users seeking extended capabilities from their non-custodial wallet: Staking options for ALGO, ATOM, ETH, XTZ, ADA, and SOL; Storage, transfer, and receipt options for NFTs; In-browser Dapp version; Built-in crypto loan facilities; Token and Dapp monitoring for trends and popularity ratings; Multi-sig access. Pros Intuitive interface; Non-custodial; Resilient to external factors; Multi-sig availability; Piggybacks on parent exchange’s popularity; Free to use; Availability of browser extension for Chrome. Cons Lack of desktop version of application; Slow customer service response times; High transaction fees. Ledger Ledger is a highly popular non-custodial wallet with support for more than 5,500 cryptocurrencies, making it one of the most widely used options on the market. Among its distinguishing features is its integration into Decentralized Finance platforms and support for NFTs with management options. Ledger allows users to take advantage of its desktop and mobile versions for a variety of operations, including staking, swaps, transfers, and purchases. Security As one of the most prominent brands in the decentralized industry, Ledger needs no introduction in regards to security. All Ledger applications and wallets take advantage of Secure Element technology – a specialized security chip often found in passports and other high-priority cards. Use of the given technology adds a completely new level of security to all Ledger applications. Special Functions Ledger is rich with special functions that have been added over the years of the product’s market presence, which include: Integrated access to DeFi platforms; NFT management options; Bluetooth connectivity; Native Ledger Live application used for crypto lending and staking alongside sales and purchase options; Cryptocurrency price tracking; Fiat on-ramp and crypto purchase for fiat options; Staking options for assets from the ETH, SOL, ATOM and DOT networks. Pros Unprecedented security level; Crypto for fiat purchase options; High resilience to external factors. Cons Restrictive price, compared to other wallets; Hacked in July of 2020; High risk of counterfeit; No direct operations can be conducted from the wallet. Phantom Wallet Another popular name on the market that inspires confidence. Phantom Wallet is a browser extension specifically designed for giving its users the ability to operate with assets hosted on the Solana network. With its convenient interface and easy onboarding, Phantom Wallet makes receiving, sending, swapping and exchanging cryptocurrencies a hassle-free affair. Security Phantom Wallet has had its code independently audited by the leading Kudelski Security audit firm, which confirmed that the application is fault free and has no evident vulnerabilities that would place users’ funds at risk. Special Functions Phantom Wallet managed to build itself a name in large part thanks to the abundance of useful features it offers its users, including: NFT storage options; Ledger device compatibility for additional security; Staking options for Solana-based assets; Leverages Solana’s low fees. Pros Solana network advantages includes; Free to use; Supports hardware wallet linkage; Non-custodial; High resilience to external threats. Cons Limited usability outside the Solana network; Relatively new on the market with little user feedback and few updates. Trezor Wallet A true mainstay of the hardware wallet market, developed in 2014 by SatoshiLabs. Trezor became the first hardware wallet ever to be fielded and has since evolved to Trezor One – a hugely popular option among cryptocurrency enthusiasts. Trezor made its reputation thanks to its impeccable security, ease of use, and relative affordability when compared to its competitors like Ledger. Security Trezor retains the user’s private keys on the device in offline mode at all times. In order to access the wallet, users need to enter a PIN code, with transaction confirmation made by means of pressing physical buttons on the device. The wallet can also be connected via hardwire to another device for streamlining use. Special Functions Trezor is a hardware wallet at heart that boasts a limited number of features, including: Comprehensive step-by-step wallet setup support; Support with purchase and exchange operations; Direct crypto purchase of crypto for fiat options; Integrated trading venue. Pros Extreme level of security; Crypto for fiat purchase options; Compatibility to leading exchanges. Cons Lack of support for the Solana, Tron, and Polkadot networks; Android mobile device support only; Paid; No integrated options for the sale, purchase, transfer and exchange of digital assets, or connection to DeFi applications. Bottom Line When answering the question why a crypto wallet is important, one must also ask whether the crypto wallet in question is safe. The best Dapps wallet options always come with top-notch security in mind and a host of additional features to make sure users are retained. Be it cashback or staking options, all non-custodial wallets on the list presented in the given material have something special to offer their users. But interface convenience and customer support aside, if any single wallet is to be considered in the spotlight, the title of best overall non-custodial crypto wallet would certainly go to NOW Wallet thanks to its versatility, functionality, and security. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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About Fei USD?

The live price of Fei USD (FEI) today is 0.851713 USD, and with the current circulating supply of Fei USD at 424,996,177.79 FEI, its market capitalization stands at 361,974,781 USD. In the last 24 hours FEI price has moved -0.152334 USD or -0.15% while 1,089,538 USD worth of FEI has been traded on various exchanges. The current valuation of FEI puts it at #109 in cryptocurrency rankings based on market capitalization.

Learn more about the Fei USD blockchain network and how it works or follow the price of its native cryptocurrency FEI and the broader market with our unique COIN360 cryptocurrency heatmap.

Fei USD Price0.851713 USD
Market Rank#109
Market Cap361,974,781 USD
24h Volume1,111,430 USD
Circulating Supply424,996,177.79 FEI
Max SupplyNo data
Yesterday's Market Cap370,412,292.17 USD
Yesterday's Open / Close1.0239 USD / 0.871566 USD
Yesterday's High / Low1.0239 USD / 0.840565 USD
Yesterday's Change
-0.15% ( 0.152334 USD )
Yesterday's Volume1,089,538.22 USD
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