Solana(SOL)

London, UK, 29th March, 2023, ChainwireMetacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.Metacade's CEO, Russell Bennett, commented: “We are rocketing towards the finish line and think we may even get there ahead of time, the support from the community has been fantastic and we’re delighted with our success so far. Although the work has only just begun for us, and now is time to prove what we can really do by overdelivering on our roadmap and other fronts!”Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.The announcement of their impressive fundraising milestone follows a string of positive developments presented in a live 3 part ‘Metaseries’ by Metacade CEO Russell Bennet. This included a product walkthrough, highlighting the progress they have made so far, as well as a detailed overview of their staking plan and listing plans. The Metaseries can be viewed on their YouTube Streams channel here.Following on from the presale closing, Metacade will list their MCADE token on Uniwsap on the 6th April, and then BitMart on the week ending 16th April, with several more exchange partnerships following shortly after.As one of the first community-driven arcades in the blockchain arena, Metacade will offer a plethora of play-to-earn (P2E) games that will incentivize players with the native MCADE token based on their achievements. This a highly appealing option for those looking to explore the exciting world of community-driven arcades.Metacade's earning mechanism has been tailor-made to appeal to a wide range of blockchain enthusiasts, with the platform striving to become the go-to hub for Web3 users.The Metacade whitepaper highlights a number of noteworthy features, but one that particularly stands out is its innovative Metagrants program. Operating via a voting system, the program allows members of the Metacade community to propose and vote on projects that they deem worthy of funding. Once a project has been approved for funding, the developer receives a grant from the Metacade treasury, which they can use to develop their game.One of the key advantages of the Metagrants program is that it fosters the growth of the blockchain gaming industry by providing financial support to promising new projects for up-and-coming blockchain game developers.The Metagrants program operates in an innovative way that allows developers to submit funding applications to support the design and creation of the next generation of GameFi titles. Once submitted, these are then assessed by the Metacade community, where MCADE holders can cast their votes in support of their favorite proposals. The most popular ideas are awarded with crypto investments to support the game production process, with the first Metagrant game set to debut on the platform in Q1 of 2024.Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.About MetacadeMetacade aims to become the go-to hub for gaming within the metaverse. As the first community arcade in the Web3 space, it provides a platform for gamers to socialize, share their gaming expertise, and play exclusive P2E games. By offering various income-generating opportunities and career-building pathways within the Web3 ecosystem, Metacade looks set to become an important hub for the gaming community to connect and engage with like-minded enthusiasts.Putting Metacade on par with other projects like The Sandbox, Polygon, and Axie Infinity, the highly anticipated P2E platform has earned approval from CertiK, a top-tier blockchain auditor, which gives investors peace of mind that the project's code and specifications have been reviewed and that the Metacade team has passed the KYC process, instilling confidence in the project's legitimacy.The overwhelming enthusiasm surrounding Metacade's presale is indicative of its potential to become the go-to GameFi hub for P2E gamers alongside a wide range of other use cases.Website| Whitepaper | Metacade SocialsContactCEORussell [email protected]

Developers on Ethereum have announced that the Shapella upgrade will take place on the 12th of April, 2023. The upgrade will take effect at epoch 194,048, coming as a relief for validators on the platform. Withdrawals Incoming The Shappella hard fork will come as a huge relief to Proof-of-Stake validators, who will finally be able to withdraw their ETH from the platform. The fork, scheduled for the 23rd of April, will enable withdrawals through the Ethereum Improvement Proposal (EIP) 4895. Once implemented, this will push staked Ether from the Beacon Chain to the Ethereum Virtual Machine (EVM), also known as the execution layer. Ethereum core developer Tim Beiko announced the news on Twitter, stating, “It’s happening Shapella is scheduled on mainnet for epoch 194048, scheduled for 22:27:35 UTC on the 12th of April, 2023. Client releases compatible with the upgrade are listed in the announcement below.” The time, slot, and epoch for the upgrade were confirmed after lengthy deliberations and discussions between members of the Ethereum Foundation, led by Beiko. The hard fork will finally enable the partial and complete withdrawal of ETH. However, several mechanisms have been put in place to ensure that a flood of unlocked ETH does not end up disturbing the market dynamics. Currently, there are around 17.81 million ETH staked on the beacon chain. At current prices, around $31.6 billion worth of ETH can be unlocked over time. Successful Deployment On Goerli And Sepolia Testnets The announcement comes after Ethereum developers successfully deployed the Shapella fork on the Goerli and Sepolia testnets. While the Ethereum Foundation had stated that the last test run on the Goerli testnet was smooth, there was a delay in activation time thanks to some validators not updating their client software on time. However, Beiko stated that this would not be an issue this time around. The upgrade combines changes to the Shanghai Ethereum Virtual Machine, also known as Shanghai, and the consensus layer, Capella. It has also changed to the engine API linking the two layers bundled in it. Apart from enabling withdrawals, the Shapella upgrade also implements several other Ethereum Improvement Proposals, such as EIP-3855, EIP-3651, EIP-3860, EIP-4895m, and EIP-6049. EIPs are standards that add or designate new features and processes for Ethereum. Before the Shapella upgrade, validators had to lock 32 ETH in a smart contract on the Beacon Chain to be able to earn rewards. Previous Hard Forks Ethereum has gone through a long list of hard forks, with the latest Shapella touted as one of the most significant to date since the Merge. The Merge saw Ethereum finally make the transition from the energy-hungry Proof-of-Work consensus mechanism to Proof-of-Stake. Before the Merge, we saw the London hard fork that saw the introduction of EIP-1559. EIP-1559 introduced a base fee for users instead of the price auction method. Validators still receive a block reward and tip. However, the base fee is burned and is intended to make ETH deflationary over time. Before EIP-1559, there was Berlin, which helped optimize gas costs for specific EVM actions, while the Beacon Chain Genesis saw the first block produced on the Proof-of-Stake chain on the 1st of December 2020. Lastly, Istanbul, implemented in 2019, helped improve resilience against denial-of-service attacks, along with making SNARKs and STARKs-based layer-2 solutions more performant. Additionally, the Ethereum Foundation also announced that it would be doubling rewards for any bugs found in the Shapella source code. However, while the Shapella hard fork marks a significant milestone in Ethereum’s journey, the protocol still suffers from low transaction throughput. Data from Blockchair has shown that Ethereum’s transaction speed currently stands at 10 transactions per second. 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.

The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.

As the world embraces the power of artificial intelligence, the crypto space is not lagging behind. AI and blockchain technologies are now integrating to create innovative AI crypto solutions that are transforming the industry. Fetch.ai, CryptoGPT, and Avorak AI are three best AI cryptos making a huge impact in 2023. Fetch.ai Fetch.ai is a decentralized […]

Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens.

Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.

After a prolonged period of consolidation, XRP has finally surged and surpassed the significant resistance level of $0.42. The overall outlook seems bullish. However, the cryptocurrency is currently facing a resistance level at its prior major swing high. Technical Analysis By Shayan The Daily Chart XRP spent an extended period of time consolidating within a […]

Nvidia, the computing software and hardware design firm behind what some have touted to be the cutting edge in terms of processors, has long been a key player in the world of technology. Its silicon substrate designs laid the foundation for technological innovation for over the past three decades, driving progress in various industries. Nvidia CTO Michael Kagan, however, recently expressed his belief that cryptocurrencies do not "bring anything useful for society," in an interview from The Guardian. "All this crypto stuff, it needed parallel processing, and [Nvidia] is the best so people just programmed it to use for this purpose. They bought a lot of stuff, and then eventually it collapsed, because it doesn’t bring anything useful for society. AI does." Kagan shares. Kagan also compared crypto to AI, claiming that the uses of processing power for artificial intelligence engines were somehow more "worthwhile" than mining or computing for proof-of-work blockchains. Despite this assertion, it's essential to examine Nvidia's history and its role in supporting the development of blockchain and distributed ledger technologies, which are shaping a decentralized future. Nvidia's Silicon Legacy As a silicon manufacturer, Nvidia has been at the forefront of the tech revolution. Silicon, the second most abundant element on Earth (seventh, if we include the entire known universe), is the primary component in semiconductor materials. Its unique properties have enabled the production of integrated circuits, microprocessors, and memory chips, all of which have played a pivotal role in the digital age. The growth of silicon-based technology has spurred advancements in computing, communications, and various other industries, impacting every aspect of our lives. This also extends to how blockchain technologies were first developed from the mid-80s until the threshold moment in January 2009, which was when the genesis block for Bitcoin was mined. As technology evolves, the salient prospects of creating cohesively interlinked ecosystems and stacks is increasingly shifting toward decentralization. Blockchain and distributed ledger technologies (DLT) are key to this development, enabling greater security, transparency, and efficiency in various sectors. The rise of Bitcoin and other cryptocurrencies is just one example of how these technologies are reshaping our world. Considering the legacy of companies like Nvidia, it is vital that they continue to support and nurture the growth of decentralized technologies. While the initial software behind Bitcoin relied heavily on proof-of-work, future implementations of blockchain and DLT may require less computing power as the shift to proof-of-stake becomes more apparent in the case of Ethereum. As a leading computer hardware manufacturer, Nvidia has the potential to contribute significantly to this decentralized future. Indeed, Nvidia's mixed relationship with cryptocurrencies highlights the need for tech giants to adapt and embrace the changes driven by blockchain and DLT. Roughly two years ago, its competitors such as AMD have also begun their own initiatives into the crypto space. While their GPUs were in high demand for mining cryptocurrencies, the firm has also faced challenges, such as the enforced hashrate limitations and regulatory prompts and warnings for not disclosing the impact of crypto mining on their gaming GPUs. Crypto's Social Impact Technology pushes the boundaries of what's possible in the human imagination. It's a bit disheartening to hear of technologists such as Kagan offer a negative prospect about crypto and blockchain, which may be considered as one of the greatest innovations in recent history. While it's true that there have been challenges and inconsistencies in the crypto industry which have led to global market instability, the core technology and the ideals of freedom and financial inclusion it represents is what's important, not the individual aberrations or the prices driving people unto irrational heights. Cryptocurrencies and blockchain technology have garnered significant attention in recent years, not only for their potential to disrupt traditional financial systems but also for their wide-ranging social implications. The crypto industry is rapidly reshaping the legacy ecosystems that we've all been mired in: from banking to finance, crypto is changing the paradigm, opening its use to unbanked and underbanked demographics. With a borderless and decentralized financial ecosystem, crypto enables people without access to (or even those who prefer not to) traditional banking services to become active participants in the global economy. This fosters individual freedom and opens opportunities, especially in developing nations. In the same way, crypto and blockchain tech have also revolutionized philanthropy and social initiatives. With the use of transparent smart contracts, crypto helps ensure funds are used effectively and reach their intended recipients. Tokenization and smart contracts can also be used to facilitate innovative funding models, such as decentralized autonomous organizations (DAOs) focused on social causes. While cryptocurrencies like Bitcoin have faced harsh criticism for their energy consumption and impact, many projects in the crypto space are actively working on more sustainable solutions. It can also be leveraged to promote environmental stewardship, such as by tracking carbon emissions, enabling peer-to-peer renewable energy trading, and ensuring sustainable land management practices. It's crucial for companies like Nvidia to recognize the potential of blockchain and DLT in shaping our shared, decentralized future. By supporting and fostering these advancements, tech giants can help usher in a new era of innovation, driving progress across industries and improving the lives of people worldwide. 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. Opinions stated herein are solely of the author's, and hence do not represent or reflect CryptoDaily's position on the matter. The author has no influential stakes in any of the digital assets and securities mentioned, and does not have any significant hold of or own any cryptocurrency or token discussed.

Copy trading has been one of the most reliable and trusted investment methods for the longest time, and there is no reason this trend should stop now that cryptocurrencies are gradually becoming mainstream. While there are many copy trading platforms out there, perhaps none can provide the sheer quality, safety, and diversity being offered by Bitget. The exchange, which has over 8 million users in over 100 countries and regions, is dedicated to assisting users in making smarter trading decisions by offering a safe, one-stop trading solution. It also encourages people to embrace cryptocurrency through partnerships with credible partners such as legendary Argentine footballer Lionel Messi, the Italian leading football team Juventus, and official eSports event organizer PGL. Bitget is currently ranked as a top 5 futures trading platform and a top 10 spot trading platform by CoinGecko. Understanding Bitget Before going any further, it is firstly important to understand what Bitget actually is. Bitget is a popular crypto exchange which offers users a comprehensive and user-friendly environment through which they can easily trade digital assets. The exchange provides a wide array of innovative trading resources designed to assist users in making informed trading decisions in addition to enabling them to quickly and efficiently execute their trades. Due to its sleek and easy-to-use interface as well as its dependable security measures and affordable fees, Bitget has become the preferred choice for many novice and skilled crypto traders worldwide. Furthermore, the platform supports more than 20 languages like English, Turkish, Traditional Chinese, and Vietnamese, and is accessible through all devices on desktop, iOS, and Android, making it convenient and readily available to users worldwide. Bitget’s copy trading capabilities Not only is Bitget the world's biggest cryptocurrency exchange for copy trading, but the team has recently expanded their copy trading feature to the Spot market. Moreover, as Bitget is the first centralized exchange to provide copy trading in the cryptocurrency market, traders would hence find it easy to make trades as they receive a convenient and smooth user experience. Secondly, Bitget's Copy Trading provides a new way to increase profitability while simultaneously prioritizing both flexibility and transparency. By 'copying' the trading activities of more experienced traders, rookies can make decent profits just like their superiors while the veterans can keep generating passive income and also keep growing their own influence in the crypto industry. Since its inception, Bitget's copy trading feature has brought in over 80,000 skilled traders to share their strategies and over 380,000 followers to copy. As of January 2023, there have been over 47 million profitable trades via Bitget copy trading, with profits from profitable trades totaling $300 million and profits shared by elite traders totaling USD 20 million. Additionally, Bitget launched the Bitget Insights platform in October 2022, allowing users to share their trading experience and market analysis. This newsfeed community, where verified users can share their financial analyses and opinions with their followers, assists them in making more informed financial decisions. More than 500 trading experts shared their crypto market insights on the platform in January 2023, with nearly 10,000 posts generated. What cryptocurrencies does Bitget have? Bitget offers a spot exchange function for most popular cryptocurrencies, allowing you to trade one coin for another. Recently, the platform supports USDT, USDC, BTC, ETH, BGB (the exchange's native token), and 450+ cryptocurrencies and 580+ trading pairs. Also, Bitget is the first major derivatives trading platform to launch the USDT-margined futures product in May 2019. In comparison to Coin-margined futures, USDT-margined futures are more user-friendly for newcomers to futures trading because they do not require investors to hold corresponding coins before going long or short. Bitget is also the first cryptocurrency exchange to partner with Circle to launch USDC-margined futures in July 2021. In addition, with 130 trading pairs, Bitget now supports USDT-margined futures, USDC-margined futures, and Coin-margined futures. But that’s not all, as Bitget is a top 5 derivatives trading platform, it has seen massive growth regarding trading volume and market share since the FTX collapse. Bitget's total transaction volume increased by more than 300% in 2022. In terms of 24hr Open Interest (OI), the top 10 derivatives exchanges' OI dropped approximately 40% from its high point in December 2022, while Bitget is the only exchange that increased OI, from about $800 million to $3.74 billion. As if that weren't enough, Bitget is now a top 5 derivatives trading platform in terms of volume and OI, according to CoinMarketCap and CoinGecko. What about deposits? Bitget has added new deposit channels for users who want to deposit in fiat currencies. Customers will find it easier to deposit fiat and begin trading cryptocurrencies with the new deposit rails, which have no fees. Bitget also intends to maintain its dominant market position by incorporating zero-fee deposits and enabling spot trading for specific fiat currencies. Finally, the exchange pledges to provide a safe and stable link between digital and traditional finance, as well as to improve overall user experience as well as market accessibility in order to promote broader mainstream adoption. Bitget additionally offers a wide range of trading options and services with a fair and open fee structure. Bitget's trading fee incentives include lower transaction fees for Spot trading and absolutely no fees for crypto deposits as previously alluded to. Using a credit or debit card, Apple Pay, or Google Pay are all viable options for payment. Bitget also offers a P2P cryptocurrency marketplace alongside other payment options like Wise, Skrill, Neteller, Cashapp, Adv Cash, direct bank transfer, among others. The exchange has recently launched new Fiat on-ramps. These new on-ramps include SEPA and FPS channels, which are designed to provide users with greater convenience when it comes to depositing funds and facilitating trades. Should you use Bitget then? This review is just one of many that you are bound to read online, but what makes Bitget stand out above its competition is the aforementioned services centered around copy trading, futures, spot trading, and more while ensuring that the traders are kept safe at all times. Bitget also outperforms the competition in terms of security, thanks in no small part to its $300 million protection fund as well as the Merkle Tree Proof of Reserves. Put bluntly, Bitget is a secure and regulated crypto exchange that offers cutting-edge financial services and is doing everything in its power to promote broader crypto adoption as is made evident by the aforementioned partnership with Messi. 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.

Gambulls, the online full licensed Web3 casino platform, is set to introduce its highly-anticipated NFT collection, Gambulls NFT Collection, on March 31st, 2023. This unique NFT collection will be available on Magic Eden, the cross-chain NFT marketplace, and the Gambulls collection will feature 6,673 different Bulls, with only seven of them being Legendaries, all based on the Polygon network. Have you secured your wishlist spot yet to get your hands on one of these exclusive NFTs? If not, you must secure a spot on Gambulls' rapidly filling whitelist on their Discord channel. Additionally, Gambulls regularly offers giveaways and updates on the minting process on their Twitter and Discord channels, both of which have seen tremendous growth leading up to the release date. The release of the NFTs aims to build a more extensive ecosystem for Gambulls and offer exclusive rewards and utilities for its users. Those rewards and utilities will be accessible through Gambulls’ sports betting arm (rakebacks, bonuses, promotions), better wagering limits (increasing the current $50 limit on spins and bonus buys), and the Turnkey process (empowering the community and their role in the decision-making aspect). Gambulls NFT owners can win weekly cash prizes in online gaming, access the engage-to-earn program, rakeback bonuses, and promotions for the Sports Betting feature that will soon be launched on the platform. The 3D Gambulls NFT collection has a limited number of 6,673 minted NFTs, including 7 Legendaries, each with varying rarities assigned to them. The value of these NFTs can be determined by how likely they are to possess certain traits, making them more collectible and desirable. Furthermore, the minted 3D Gambulls offer additional rakeback on Sports Book bets. In addition, they provide access to the upcoming engage-to-earn program that spans the entire Gambulls platform. A preview of the 2D Gambulls collection was recently shared with the community. Everyone who mints a 3D Gambulls NFT will receive a 2D Gambulls as a bonus. The 2D collection’s artwork is very different from the 3D collection and will provide future utility to holders. The Gambulls NFT collection is a part of Gambulls' larger roadmap to create a Metaverse ecosystem that will revolutionize the online gaming experience. By utilizing NFTs, Gambulls will continually raise capital to develop its ecosystem and reinvest these funds into the community and holders by offering them incentives. The Gambulls NFT Marketplace will be developed in the future, employing three major blockchains - Ethereum, Polygon, and Solana. This marketplace will allow users to seamlessly switch between networks, explore a wide range of NFTs, and make purchases with their preferred cryptocurrencies that are network-compatible.| To achieve its vision, Gambulls intends to continually build strong relationships with its community through trust, transparency, and community support. With your MATIC tokens, grab your exclusive Gambulls NFTs and join the Gambulls Metaverse. To stay updated with the Gambulls NFT collection and other projects, join any of their channels, including Discord, Gambulls NFT page, Twitter, or Instagram. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The UK Treasury (HM Treasury) has halted plans to launch a Royal Mint Non-Fungible Token (NFT), as announced by Economic Secretary of the Treasury, Andrew Griffith. Initially proposed by then-Chancellor of the Exchequer and current Prime Minister Rishi Sunak in April 2022, the project aimed to make the UK a global hub for crypto-assets. However, the project's launch, which was scheduled for the summer of 2022, failed to materialize. Chancellor @RishiSunak has asked @RoyalMintUK to create an NFT to be issued by the summer.This decision shows the the forward-looking approach we are determined to take towards cryptoassets in the UK. pic.twitter.com/cd0tiailBK — HM Treasury (@hmtreasury) April 4, 2022 Harriet Baldwin, head of the Treasury Select Committee, questioned the project's status and voiced concerns about speculative tokens, stating that constituents should be cautious about investing in them. The Royal Mint and Treasury have not provided any further information on the NFT's intended use, prompting skepticism from politicians such as Shadow Chancellor Rachel Reeves (Labor MP). Despite this initial setback, Prime Minister Rishi Sunak has yet to comment on the decision or outline any solid plans for further cryptocurrency adoption in the UK. While the UK Treasury's decision to halt the Royal Mint NFT project raises questions about the future of government-backed crypto initiatives, it also brings to light crucial debates about the role of states and governments in the crypto space. What's at Stake? States or governments, such as the UK, should tread carefully when venturing into non-fungible tokens (NFTs), but it must also be said clearly: the same goes for the crypto community. A critical stance is necessary to be maintained, especially when interacting with any crypto project or initiative that's government-funded. Non-fungible tokens are supposed to be, and are, by design, inherently decentralized. Governments are, on the contrary, the exact opposite. The decentralized nature of crypto clashes with the fundamental components of a state or government, which are made on the foundational principle of authority. An apparatus of control cannot go forth and call itself a supporter (whether by sympathy or by mere association) of decentralization, because it negates the existing platitudes of state authority. There's also the position of regulatory challenges to consider: governments are ipso facto the same bodies that control and oversee the regulated spheres of the crypto industry. The idea of a government-backed NFT initiative, while laudable for its ideals, requires new regulations and enforcement mechanisms to properly execute and ensure the appropriate governance of digital assets. More work for the government means more public resources poured into something that not everyone agrees with or supports. Another tangent is that of possible conflicts of interest if a government launches an NFT project: if the government itself is also responsible for regulating the broader crypto space, what level of transparency could one hope for, and to what extent can a citizenry trust that the government will not exercise its authority to prioritize or defer resources for this project? Such a duality would likely open accusations of bias, potentially hindering the development of a fairly regulated and open crypto ecosystem. For instance, governments may use these technologies to exert control over citizens or bypass international sanctions, which could ultimately harm the reputation and credibility of the entire crypto space. While the idea of government-backed NFTs may seem appealing at first, the potential risks and complications associated with such projects should give both governments and the crypto community reason for caution. The crypto space thrives on decentralization and innovation, and excessive government involvement could stifle the very qualities that have made it so attractive in the first place. As the UK resolves to become a global crypto hub, it has also been mired with inconsistencies in its stance on crypto, 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. Opinions stated herein are solely of the author's, and hence do not represent or reflect CryptoDaily's position on the matter. The author has no influential stakes in any of the digital assets and securities mentioned, and does not have any significant hold of or own any cryptocurrency or token discussed.

In Todays Headline TV CryptoDaily News: Crypto-related stocks drop. Stocks of crypto companies fell after the U.S. Commodity and Futures Trade Commission sued Binance, the world's largest cryptocurrency exchange by trading volume, and CEO Changpeng Zhao. Exit-scam conducted. Developers behind the Optimism-based lending protocol Kokomo Finance seemed to conduct an exit scam over the weekend after manipulating tokens on the protocol to effectively steal $4 million in user funds. Bitcoin drops after CFTC sues Binance. Bitcoin plunged below $27,000 after the U.S. Commodity Futures Trading Commission filed a lawsuit against Binance and its founder Changpeng Zhao over allegations that the exchange knowingly offered unregistered crypto derivatives products in the U.S., a violation of federal law. BTC/USD dove 3.2% in the last session. The Bitcoin-Dollar pair plummeted 3.2% in the last session. The Stochastic indicator is giving a negative signal. Support is at 271321 and resistance at 285981. The Stochastic indicator is giving a negative signal. ETH/USD plummeted 3.4% in the last session. The Ethereum-Dollar pair dove 3.4% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 1712.6667 and resistance at 1827.4667. The Stochastic-RSI points to an oversold market. XRP/USD exploded 5.8% in the last session. The Ripple-Dollar pair skyrocketed 5.8% in the last session. The ROC's positive signal is in line with the overall technical analysis. Support is at 0.428 and resistance at 0.4729. The ROC is currently in the positive zone. LTC/USD plummeted 4.3% in the last session. The Litecoin-Dollar pair dove 4.3% in the last session. The Williams indicator is giving a negative signal. Support is at 88.7933 and resistance at 97.0933. The Williams indicator is currently in negative territory. Daily Economic Calendar: US S&P/Case-Shiller Home Price Indices The S&P/Case-Shiller Home Price Indices examines changes in the value of the residential real estate market in 20 regions across the US. The US S&P/Case-Shiller Home Price Indices will be released at 13:00 GMT, Italy's Business Confidence at 08:00 GMT, the Irish Retail Sales at 10:00 GMT. IT Business Confidence The Business Confidence is a survey of the current the business conditions. It indicates the short-term performance of the overall economy. IE Retail Sales The Retail Sales measures the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. US Consumer Confidence Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The US Consumer Confidence will be released at 14:00 GMT, the US Redbook Index at 12:55 GMT, and Australia's Retail Sales at 00:30 GMT. US Redbook Index The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers. AU Retail Sales The Retail Sales measures the total receipts of retail stores. Monthly percent changes reflect the rate of change of such sales. 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.

The association has received sponsorship from crypto investment firm Geometry Research and StarkWare Industries – the software company behind StarkNet, a layer 2 Ethereum zero-knowledge rollup scaling solution.

Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?

Experienced investors know that buying in early on projects that show extreme growth potential and solid fundamentals is the way to go for long-term profits. For this reason, Orbeon Protocol (ORBN), a Stage 11 presale project, has caught the attention of investors as analysts predict a 6000% price surge in the next coming days. Although […]

The crypto market corrected on news of the CFTC suing Binance and its CEO, Changpeng Zhao, but technical charts reveal a silver lining.

The CFTC is suing Binance CEO Changpeng Zhao, accusing him of breaching trading rules. Operation Choke point 2.0 continues. Attacks on crypto continue The Biden Administration, the banks, and the financial watch dogs are throwing the kitchen sink at crypto. Every move that is made is calculated to bring the most amount of harm and damage to crypto infrastructure. As the banking system becomes an obsolete wasteland, the powers that be in the U.S. have decided that they will concentrate all the fire power at their disposal in order to try and cripple the crypto industry, and bitcoin in particular. It must be hurting them so much to see the Federal Reserve and other central banks reduced to printing fiat currency at such a furious rate in order to prop up banks that are dead in the water. And as this is happening, investors are flocking to bitcoin in order to get themselves out of the system. The latest coordinated attack on the CEO of the largest crypto exchange by trading volume in the world is designed to spread FUD and make would-be crypto investors think twice about taking their money out of the bank and putting it into crypto. CFTC sues Binance CEO The main thrust of the CFTC filing is that it alleges that CZ has allowed U.S. residents to buy and sell crypto derivatives since 2019, and maintains that any entity offering such services should have registered with the CFTC. The filing reads: “Beginning no later than July 2019 and continuing through the present, Binance, under Zhao’s direction… has solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, options, swaps, and leveraged retail commodity transactions involving digital assets that are commodities including bitcoin (BTC), ether (ETH), and litecoin (LTC) for persons in the United States,” The filing continues: “Since the launch of its platform in 2017, Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to “block” or “restrict” customers located in the United States from accessing its platform,” the filing charges. “All the while, Binance, Zhao, and Lim, the platform’s former Chief Compliance Officer (“CCO”), have each known that Binance’s solicitation of customers located in the United States subjected Binance to registration and regulatory requirements under U.S. law.” Crypto price fall News of the CFTC filing has possibly contributed to the price of bitcoin and crypto falling across the board. Bitcoin (BTC) fell to around $26,500 before recovering to $27,000 at time of going to press. The total crypto market cap fell to $1.09 trillion, but has since recovered to $1.102 trillion. U.S. citizens stuck with a failing currency The law is the law, and should it be found that Binance was contravening U.S. rules then it will no doubt be made to pay a suitable fine. That the CFTC should choose this moment in time to charge the crypto exchange is however interesting. Another interesting question is whether U.S. citizens should be allowed to avail themselves of crypto services, whether offered by Binance or by any other suitably regulated exchange? Surely the only reason can be the protection of U.S. citizens. But preventing those citizens from buying assets that are outside of the U.S. banking system will mean that they will either have to try and circumnavigate the system, or be left to fend for themselves at the mercy of archaic and obsolete banks, with a currency that is worth drastically less with each passing year. 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.

Toronto, Canada, 27th March, 2023, ChainwireWinkles & Flam™, the ‘Cosplaying Canadian Kitties™,’ are the First Original Cartoon Duo of the web3 space, launching exclusively on OpenSea DropsSphynx Ink Inc. comprises Oscar®-Nominated Filmmaker Adam Benzine (HBO’s Spectres of the Shoah) & BAFTA®-Winning Illustrator Dele Nuga (The BBC’s The Clangers)Non-PFP and non-generative, Winkles & Flam marks a radical new model for Digital Collectibles, with high-quality, hand-drawn illustrations & weekly/seasonal releasesThe first project to partner with Mint Foundry, the new Visual Metadata Editor from the team behind acclaimed ‘No Code’ NFT service Mintplex LabsCanadian art collective Sphynx Ink Inc. is partnering with OpenSea’s exclusive “Drops” platform to launch Winkles & Flam, a ground-breaking Digital Collectibles project introducing the first cartoon duo of the web3 space.Created by Oscar®-nominated filmmaker Adam Benzine and BAFTA®-winning illustrator Dele Nuga, Winkles & Flam – the ‘Cosplaying Canadian Kitties’ – are adorkable sibling Sphynx cats who dress up in homemade, video game-inspired outfits. A year in the works and featuring original, hand-drawn art, the project differs radically from current NFT projects. It is not a PFP (Profile Picture). Nor does it use generative elements.Launching April 3 with weekly content drops, rather than all at once, Winkles & Flam will run for five seasons, with sets of hand-drawn images comprising a mix of free mint, fixed-price and auctioned offerings. Each set draws inspiration from an iconic video game, with an educational component – Winklepedia™ – focusing on the history of video games.A Season Pass goes on sale today (March 27) exclusively via OpenSea Drops, limited to just 1,000 copies and guaranteeing buyers all 30 cards from Season 1.Winkles & Flam is the first major project to use Mintplex Lab’s cutting-edge, visual metadata editor Mint Foundry, which allows creators to edit and update information in real-time, without coding knowledge.Winkles & Flam Creator Adam Benzine says: “Winkles & Flam marks the start of ‘Phase 2’ of the Digital Collectibles space, focusing on original characters, narrative, quality and reliability, led by doxxed creators with a proven track record.“The market has grown tired of low-quality, rug-pull pump-n-dumps and vaguely conceived, cash-grab metaverses. A steady stream of garbage profile pictures has turned off consumers. It’s time for something fresh.”Winkles & Flam Co-Creator Dele Nuga adds: “We’re thrilled to partner with OpenSea Drops and grateful to the geniuses at Mintplex Labs for devising a solution for our unconventional release strategy. We believe Winkles & Flam will be the first of many projects to move to a character-based, weekly release strategy, focusing on personality, storytelling and community.”Season 1 of Winkles & Flam launches on April 3 and runs for 10 weeks, with weekly free mint cards (featuring Winkles) and fixed-priced cards (featuring Flam) released on Polygon. Winkles & Flam: Platinum cards (unique 1-of-1s featuring the duo together in playful scenarios) will be auctioned daily on Ethereum. Check out winklesandflam.com for more info.(NOTE: Winkles is the pink kitty with blue eyes. Flam is the grey kitten with green eyes.)About Sphynx Ink Inc.Founded by Oscar®-nominee ADAM BENZINE and BAFTA®-winner DELE NUGA, Sphynx Ink Inc. is the Toronto-based art collective behind WINKLES & FLAM™, The Cosplaying Canadian Kitties™!LINKS:Winkles & Flam on OpenSea Drops: opensea.io/collection/winklesandflam-seasonpass/dropWinkles & Flam Official Site: winklesandflam.comWinkles & Flam LinkTree: linktr.ee/winklesandflamWinkles & Flam Creator Adam Benzine: en.wikipedia.org/wiki/adam_benzineMintplex Labs: mintplex.xyzContactPress EnquiriesSphynx Ink [email protected]

According to a report by Verichains, over $8 billion worth of digital assets could be at risk following a recently discovered vulnerability in multi-party computing (MPC) protocols. Verichains, a leading blockchain security solutions provider announced that it had discovered critical key recovery attacks in Threshold Signature Scheme (TSS), an MPC-based protocol that enables multi-party signatures on the blockchain without revealing their private keys. As blockchains move toward decentralization and enhanced security, convenience is often overlooked. This gave rise to multi-sig wallets that offer convenience while maintaining the standard of security and decentralization. As such, many top financial institutions and custodial wallet services have implemented MPC protocols to secure digital assets. Multiparty wallets and digital asset custody solutions such as BNY Mellon (the largest global custodian bank), Revolut (Europe’s largest neo bank), ING, Binance, Fireblocks, and Coinbase have all implemented MPC protocols. To ensure the security of funds, these custodial institutions ensure complete decentralization by employing a TSS, a cryptographic protocol that allows a group of parties to generate a signature on a message without revealing their individual secret keys. This way, the funds can be controlled by a distributed set of signers who can cooperate to authorize transactions. Recently, many companies are implementing MPC protocols for threshold Elliptic Curve Digital Signature Algorithm (ECDSA), the security verification protocol Bitcoin uses, based on GG18, GG20 and CGGMP21 algorithms. Having researched threshold ECDSA since October 2022, Verichains found that nearly all TSS implementations are vulnerable to key recovery attacks. This means that a single malicious party in 1 or 2 signing ceremonies can extract a full private key, which puts the funds of the other signatories at risk. “The attack leaves no trace and appears innocent to the other parties,” the report states. As such, over $8 billion in digital assets in custody are at risk across various wallets, non-custodial key infrastructure, and cross-chain asset management protocols. Notwithstanding, assets stored using the threshold ECDSA that are not on the blockchain could also be vulnerable to hacks. Verichains recommended that companies and organisations that use vulnerable ECDSA prioritize implementing robust security measures” and “seek review from security experts to ensure their platforms' safety and security”. The blockchain security firm further stated it has informed all relevant parties of the vulnerabilities and will await the solutions to be implemented before releasing the final report. "Verichains has a strong commitment to responsible vulnerability disclosure, and we take care and considered steps when disclosing attacks, especially given the wide range of impacted projects and significant user funds at risk,” said Thanh Nguyen, Co-Founder of Verichains and former CPU Security Lead at Intel. 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.

A wallet controlled by the FTX bankruptcy estate has received tranches of the Arbitrum airdrop from several wallets linked to Alameda Research, on-chain data shows.

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