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Vitalik Buterin: An 18-year-old genius
A few years after the emergence of Bitcoin, the father of a family who immigrated from Russia to Canada in 2011 told his 17-year-old son about Satoshi's work and Bitcoin. Fascinated by what his father talked about, this young man named Vitalik Buterin suddenly finds himself in this world. Rumor has it that this young man, who has the ability to mentally multiply three-digit numbers at twice the speed of a normal person, showed his talents on the global platform by winning the Bronze medal in the International Information Olympics at the age of 18.
Buterin first makes improvements on Bitcoin and strives to transfer many other functions (such as sending non-monetary assets, creating digital contracts) to this system other than Bitcoin transfer. However, he finds it very difficult in this regard. Buterin has a vision of a world computer that can perform many more transactions than a calculator-like function that keeps the transactions in which money moves from one place to another.
In 2013, Buterin introduced Ethereum with 15 software developer friends. But there is only a concept design yet - it is too early for a product that will make money or receive investment. Just then, Peter Thiel gives them a $100,000 scholarship. They say that getting this scholarship is even harder than getting into the best universities in America.
Awards do not satisfy your stomach, investment is needed
In September 2014, they collected money with an interesting method. They say, "We are collecting money in the first two weeks as 2,000 Ether01 Bitcoin, then this figure will gradually decrease and the last buyers will receive 1,337 Ether=1 Bitcoin." They establish a foundation in Switzerland and sell through this foundation and use the money of that time. They raise $18.5 Million. This means an average of $0.31 for one ether, so it's up to you to calculate the current profits of those who invested.
#BinanceHerYerde #EarnFreeCrypto2024 #Binance #etherreum
A few years after the emergence of Bitcoin, the father of a family who immigrated from Russia to Canada in 2011 told his 17-year-old son about Satoshi's work and Bitcoin. Fascinated by what his father talked about, this young man named Vitalik Buterin suddenly finds himself in this world. Rumor has it that this young man, who has the ability to mentally multiply three-digit numbers at twice the speed of a normal person, showed his talents on the global platform by winning the Bronze medal in the International Information Olympics at the age of 18.
Buterin first makes improvements on Bitcoin and strives to transfer many other functions (such as sending non-monetary assets, creating digital contracts) to this system other than Bitcoin transfer. However, he finds it very difficult in this regard. Buterin has a vision of a world computer that can perform many more transactions than a calculator-like function that keeps the transactions in which money moves from one place to another.
In 2013, Buterin introduced Ethereum with 15 software developer friends. But there is only a concept design yet - it is too early for a product that will make money or receive investment. Just then, Peter Thiel gives them a $100,000 scholarship. They say that getting this scholarship is even harder than getting into the best universities in America.
Awards do not satisfy your stomach, investment is needed
In September 2014, they collected money with an interesting method. They say, "We are collecting money in the first two weeks as 2,000 Ether01 Bitcoin, then this figure will gradually decrease and the last buyers will receive 1,337 Ether=1 Bitcoin." They establish a foundation in Switzerland and sell through this foundation and use the money of that time. They raise $18.5 Million. This means an average of $0.31 for one ether, so it's up to you to calculate the current profits of those who invested.
#BinanceHerYerde #EarnFreeCrypto2024 #Binance #etherreum
NEWS
This Needs To StopââTesla Billionaire Elon Musk Issues âStaggeringâ Fed âBankruptcyâ Warning After Sparking Bitcoin Price Panic
Tesla billionaire Elon Musk, who could be about to put "dogecoin in the Treasury," sparked bitcoin price panic this week when Tesla suddenly moved its bitcoin.
Unlock over $3,000 in perks including unparalleled access to a community of top Web3 entrepreneurs, creators, and investors, providing you with premium networking, priority access to global events, Free access to Forbes.com and our Forbes CryptoAsset & Blockchain Advisor newsletter. Apply now!
The bitcoin price, which soared toward its all-time high of around $70,000 per bitcoin in recent weeks thanks to BlackRock and China, has stalled after Tesla's $750 million worth of bitcoin moved to new addresses following two years of dormancy, sparking speculation Tesla may have sold off its remaining bitcoin.
Now, as billionaire investor Stanley Druckenmiller issues a serious Federal Reserve warning, Elon Musk has repeated a warning that the U.S. is hurtling toward the brink of "bankruptcy."
$BNB
$OOKI
$OP
#news #elonmusk #Binance #writetoearn #TOKEN2049
This Needs To StopââTesla Billionaire Elon Musk Issues âStaggeringâ Fed âBankruptcyâ Warning After Sparking Bitcoin Price Panic
Tesla billionaire Elon Musk, who could be about to put "dogecoin in the Treasury," sparked bitcoin price panic this week when Tesla suddenly moved its bitcoin.
Unlock over $3,000 in perks including unparalleled access to a community of top Web3 entrepreneurs, creators, and investors, providing you with premium networking, priority access to global events, Free access to Forbes.com and our Forbes CryptoAsset & Blockchain Advisor newsletter. Apply now!
The bitcoin price, which soared toward its all-time high of around $70,000 per bitcoin in recent weeks thanks to BlackRock and China, has stalled after Tesla's $750 million worth of bitcoin moved to new addresses following two years of dormancy, sparking speculation Tesla may have sold off its remaining bitcoin.
Now, as billionaire investor Stanley Druckenmiller issues a serious Federal Reserve warning, Elon Musk has repeated a warning that the U.S. is hurtling toward the brink of "bankruptcy."
$BNB
$OOKI
$OP
#news #elonmusk #Binance #writetoearn #TOKEN2049
An analysis
Bitcoin Price Analysis: Short-Term Investors Set to Drive BTC Toward $75,000
Bitcoinâs bullish run continues, recently hitting a two-month high of $68,900. On October 20, 2024, Bitcoin (BTC) traded at $68,388, marking a 9% gain over the past week.
This surge has fueled optimism that Bitcoin could soon reach new all-time highs, driven by favorable factors such as the outcome of the U.S. election and growing inflows into spot Bitcoin ETFs.
Short-Term Investors May Slow Bitcoinâs Rise
Despite the bullish momentum, short-term Bitcoin holdersâthose who typically hold BTC for one to three monthsâcould influence the path to $75,000.
Data from CryptoQuant reveals that these holders began selling as Bitcoin approached $69,000, engaging in profit-taking behavior.
This activity could create resistance around this price level, potentially hindering Bitcoinâs climb.
$TRB
$QUICK
$RVN
#news #writetoearn #Bitcoin #ETH #Bitcoin
Bitcoin Price Analysis: Short-Term Investors Set to Drive BTC Toward $75,000
Bitcoinâs bullish run continues, recently hitting a two-month high of $68,900. On October 20, 2024, Bitcoin (BTC) traded at $68,388, marking a 9% gain over the past week.
This surge has fueled optimism that Bitcoin could soon reach new all-time highs, driven by favorable factors such as the outcome of the U.S. election and growing inflows into spot Bitcoin ETFs.
Short-Term Investors May Slow Bitcoinâs Rise
Despite the bullish momentum, short-term Bitcoin holdersâthose who typically hold BTC for one to three monthsâcould influence the path to $75,000.
Data from CryptoQuant reveals that these holders began selling as Bitcoin approached $69,000, engaging in profit-taking behavior.
This activity could create resistance around this price level, potentially hindering Bitcoinâs climb.
$TRB
$QUICK
$RVN
#news #writetoearn #Bitcoin #ETH #Bitcoin
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TRB
I recommend you to read, research and follow @Tellor
The term âTRBâ consists of the initials of the words âTrustworthy Blockchainâ.
The US-based Tellor Tributes project was founded in 2019 by Brenda Loya and Michael Zemrose. The goal of the Tellor Tributes project is to solve the problems of oracles with speed and cost in off-chain data flows
Tellor Oracle is a decentralized shared data reporter network. Becoming a reporter does not require any verification process, i.e. it is permissionless. Anyone anywhere in the world can become a reporter using open source software, which is a unique feature among blockchain oracles.
Tellor Oracle provides data that can be transparently requested, verified and uploaded to the chain with âreportersâ competing for TRBâs incentive. Data reporters bring valuable on-chain information to a wide range of DeFi applications, so their role in the network is important.
Tellor Tributes is a blockchain-based decentralized oracle network that connects smart contracts on Ethereum to external data. The Tellor Tributes project is designed for secure, transparent, and decentralized finance-focused Ethereum applications. Tellor Tributes provides valuable off-chain data for Ethereum smart contracts, while ensuring reliability across all data streams.
The Tellor Tributes project allows users to access all the data they need from a single location through Ethereum-based smart contracts with Tellor oracle connections. Oracles provide real-time, reliable, and verified information, so users can access reliable market data without visiting a crypto exchange.
TRB Coin continues its path with sure steps.
$TRB
#tellor #trb #Binance #writetoearn #TOKEN2049
I recommend you to read, research and follow @Tellor
The term âTRBâ consists of the initials of the words âTrustworthy Blockchainâ.
The US-based Tellor Tributes project was founded in 2019 by Brenda Loya and Michael Zemrose. The goal of the Tellor Tributes project is to solve the problems of oracles with speed and cost in off-chain data flows
Tellor Oracle is a decentralized shared data reporter network. Becoming a reporter does not require any verification process, i.e. it is permissionless. Anyone anywhere in the world can become a reporter using open source software, which is a unique feature among blockchain oracles.
Tellor Oracle provides data that can be transparently requested, verified and uploaded to the chain with âreportersâ competing for TRBâs incentive. Data reporters bring valuable on-chain information to a wide range of DeFi applications, so their role in the network is important.
Tellor Tributes is a blockchain-based decentralized oracle network that connects smart contracts on Ethereum to external data. The Tellor Tributes project is designed for secure, transparent, and decentralized finance-focused Ethereum applications. Tellor Tributes provides valuable off-chain data for Ethereum smart contracts, while ensuring reliability across all data streams.
The Tellor Tributes project allows users to access all the data they need from a single location through Ethereum-based smart contracts with Tellor oracle connections. Oracles provide real-time, reliable, and verified information, so users can access reliable market data without visiting a crypto exchange.
TRB Coin continues its path with sure steps.
$TRB
#tellor #trb #Binance #writetoearn #TOKEN2049
See original
DENT
I admire this intelligence. @Dentcoin
A unique and useful project
DENT is a cryptocurrency launched in 2017 and emerges as an extraordinary digital mobile operator. However, it is more than just a cryptocurrency; it offers a revolutionary service that pushes the boundaries of modern communication.
One of the key factors behind Dent's success is blockchain technology. As the company states on its website, Dent has a vision of creating a global market for mobile data liberalization by using the numerous advantages offered by blockchain technology.
Dent Coin is a cryptocurrency developed on the Ethereum blockchain. Launched by the Dent Wireless company, this digital asset aims to democratize and globalize the mobile data market. The Dent platform allows users to buy, sell or donate mobile data packages. Thus, it aims to minimize data waste by using data as a commercial commodity.
The cryptocurrency world is expanding every day and we meet innovative projects used in different areas. One of these projects is Dent Coin. Aiming to offer a revolutionary solution for the mobile data market, Dent Coin offers a unique approach, especially in data sharing and trading.
This aims to provide users with more options, better prices, and more flexible mobile experiences.
This innovative approach has allowed Dent to gain a significant place in the market. As of 2021, the company's services are available in more than 140 countries and are preferred by more than 35 million mobile device users.
Dent Platform's Working Mechanism
.. Mobile Data Trading Exchange
.. Sale of Data Packages
.. Cooperation with Mobile Operators
$DENT
$QUICK
$PYTH
#dent #dentcoin #Binance #writetoearn #TOKEN2049
I admire this intelligence. @Dentcoin
A unique and useful project
DENT is a cryptocurrency launched in 2017 and emerges as an extraordinary digital mobile operator. However, it is more than just a cryptocurrency; it offers a revolutionary service that pushes the boundaries of modern communication.
One of the key factors behind Dent's success is blockchain technology. As the company states on its website, Dent has a vision of creating a global market for mobile data liberalization by using the numerous advantages offered by blockchain technology.
Dent Coin is a cryptocurrency developed on the Ethereum blockchain. Launched by the Dent Wireless company, this digital asset aims to democratize and globalize the mobile data market. The Dent platform allows users to buy, sell or donate mobile data packages. Thus, it aims to minimize data waste by using data as a commercial commodity.
The cryptocurrency world is expanding every day and we meet innovative projects used in different areas. One of these projects is Dent Coin. Aiming to offer a revolutionary solution for the mobile data market, Dent Coin offers a unique approach, especially in data sharing and trading.
This aims to provide users with more options, better prices, and more flexible mobile experiences.
This innovative approach has allowed Dent to gain a significant place in the market. As of 2021, the company's services are available in more than 140 countries and are preferred by more than 35 million mobile device users.
Dent Platform's Working Mechanism
.. Mobile Data Trading Exchange
.. Sale of Data Packages
.. Cooperation with Mobile Operators
$DENT
$QUICK
$PYTH
#dent #dentcoin #Binance #writetoearn #TOKEN2049
See original
ZIL
Different Project
The project started in 2017. It was founded by a research team from the National University of Singapore. The team later founded a company called Zilliqa Research to lead the development of the ZIL project. @Zilliqa
Zilliqa is a coin created for the blockchain that was created to enable and scale decentralized applications from financial services to NFT markets. It uses a technology called sharding to maximize the number of transactions. ZIL uses a unique idea mechanism that is a mixture of Practical Byzantine Fault Tolerance and Proof of Work (PoW and pBFT). It also released Scilla, a native programming language that focuses on security and allows developers to write, replicate and launch dapps. Thanks to this process, the transaction speed is 1000 times faster than the Ethereum network.
The Zilliqa blockchain has its own programming language. This programming language, called Scilla, which is the English Smart Contract Intermediate-Level Language, aims to eliminate language-level vulnerabilities by prioritizing security.
âZilliqa aims to be a competitor to traditional centralized payment methods such as VISA and MasterCard.â
What Makes Zilliqa Unique?
Zilliqa claims to be the worldâs first public blockchain based on a completely fragmented network.
The platformâs governance token, ZIL, is used as a fee for transactions performed on the blockchain, to run smart contracts, to incentivize network participants and to have a say in governance.
Users who stake a certain amount of ZIL have the right to vote on proposals related to the network, and the number of voting rights they get varies depending on the amount of cryptocurrency they stake.
$ZIL
$QUICK
$RVN
#Zilliqa #zil #Binance #writetoearn #TOKEN2049
Different Project
The project started in 2017. It was founded by a research team from the National University of Singapore. The team later founded a company called Zilliqa Research to lead the development of the ZIL project. @Zilliqa
Zilliqa is a coin created for the blockchain that was created to enable and scale decentralized applications from financial services to NFT markets. It uses a technology called sharding to maximize the number of transactions. ZIL uses a unique idea mechanism that is a mixture of Practical Byzantine Fault Tolerance and Proof of Work (PoW and pBFT). It also released Scilla, a native programming language that focuses on security and allows developers to write, replicate and launch dapps. Thanks to this process, the transaction speed is 1000 times faster than the Ethereum network.
The Zilliqa blockchain has its own programming language. This programming language, called Scilla, which is the English Smart Contract Intermediate-Level Language, aims to eliminate language-level vulnerabilities by prioritizing security.
âZilliqa aims to be a competitor to traditional centralized payment methods such as VISA and MasterCard.â
What Makes Zilliqa Unique?
Zilliqa claims to be the worldâs first public blockchain based on a completely fragmented network.
The platformâs governance token, ZIL, is used as a fee for transactions performed on the blockchain, to run smart contracts, to incentivize network participants and to have a say in governance.
Users who stake a certain amount of ZIL have the right to vote on proposals related to the network, and the number of voting rights they get varies depending on the amount of cryptocurrency they stake.
$ZIL
$QUICK
$RVN
#Zilliqa #zil #Binance #writetoearn #TOKEN2049
See original
Question Answer
Mental Exercise
I wanted to distract ourselves a bit and have a good time, my dears.
According to these rules, what is the correct answer?
1 BNB + 4 BNB = 5 BNB
2 BNB + 5 BNB = 12 BNB
3 BNB + 6 BNB = 21 BNB
8 BNB + 11 BNB = .. ?
$BNB
$QUICK
$RVN
#Binance #Bitcoin #writetoearn #web3 #TOKEN2049
Mental Exercise
I wanted to distract ourselves a bit and have a good time, my dears.
According to these rules, what is the correct answer?
1 BNB + 4 BNB = 5 BNB
2 BNB + 5 BNB = 12 BNB
3 BNB + 6 BNB = 21 BNB
8 BNB + 11 BNB = .. ?
$BNB
$QUICK
$RVN
#Binance #Bitcoin #writetoearn #web3 #TOKEN2049
NEWS Vladimir Putin Reveals BRICSâ Plan To Adopt Bitcoin And XRP
With speculations around the role of crypto like Bitcoin and XRP in BRICS, President Vladimir Putin has revealed @XRP
The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect
BRICS: The Reality About Bitcoin and XRP Adoption
One thing is certain about the planned pivot from the US Dollar, the member countries in the BRICS bloc are exploring alternatives. Many options are on the table with respect to this, including the integration of top digital currencies.
While many insinuated that there are growing advances in this regard, President Vladimir Putin has stressed on the focus on National currencies. As reported by the media, President Putin confirmed that the talk of a single currency for the member countries is too âpremature.â
This is a mild dent to the expectation of many in the broader cryptocurrency ecosystem who believes the adoption of Bitcoin or XRP can validate the industry. Notably, President Putin remain silent on the exact timeline that is right for a conversation around digital currencies, his latest commentary centered around unified banking.
XRP entered the spotlight in June as the BRICS member countries started considering crypto. However, President Putin noted that the New Development Bank is currently serving the needs of member countries as Western financial institutions could have.
The Russian president projected that the BRICS block will grow economically in the coming months. Per his projections, the organization will command most of the global economic power due to its size.
The Push For Alternative Payments Move
As reported earlier by Coingape, the organization which comprises of Brazil, Russia, India, China and South Africa have made significant approach toward digital currencies before now. In August, the body planned to launch two crypto exchanges and a BRICS stablecoin to further advance its alternative payments push.
Despite the latest update from President Vladimir Putin, members of the BRICS bloc acknowledge how blockchain technology is viable in driving the de-dollarization agenda. Unsurprisingly, the alliance is growing significantly with more countries joining this year.
Turkey unveiled plans to join the organization in June with Egypt, Ethiopia, Iran and the United Arab Emirates also joining recently.
$XRP
$QUICK
$GALA
#XRP #Binance #writetoearn #Bitcoin #putin
The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect
BRICS: The Reality About Bitcoin and XRP Adoption
One thing is certain about the planned pivot from the US Dollar, the member countries in the BRICS bloc are exploring alternatives. Many options are on the table with respect to this, including the integration of top digital currencies.
While many insinuated that there are growing advances in this regard, President Vladimir Putin has stressed on the focus on National currencies. As reported by the media, President Putin confirmed that the talk of a single currency for the member countries is too âpremature.â
This is a mild dent to the expectation of many in the broader cryptocurrency ecosystem who believes the adoption of Bitcoin or XRP can validate the industry. Notably, President Putin remain silent on the exact timeline that is right for a conversation around digital currencies, his latest commentary centered around unified banking.
XRP entered the spotlight in June as the BRICS member countries started considering crypto. However, President Putin noted that the New Development Bank is currently serving the needs of member countries as Western financial institutions could have.
The Russian president projected that the BRICS block will grow economically in the coming months. Per his projections, the organization will command most of the global economic power due to its size.
The Push For Alternative Payments Move
As reported earlier by Coingape, the organization which comprises of Brazil, Russia, India, China and South Africa have made significant approach toward digital currencies before now. In August, the body planned to launch two crypto exchanges and a BRICS stablecoin to further advance its alternative payments push.
Despite the latest update from President Vladimir Putin, members of the BRICS bloc acknowledge how blockchain technology is viable in driving the de-dollarization agenda. Unsurprisingly, the alliance is growing significantly with more countries joining this year.
Turkey unveiled plans to join the organization in June with Egypt, Ethiopia, Iran and the United Arab Emirates also joining recently.
$XRP
$QUICK
$GALA
#XRP #Binance #writetoearn #Bitcoin #putin
Information
Binance Will End the Scroll (SCR) Pre-Market and List Scroll (SCR) with Seed Tag Applied
2024-10-18 04:22
Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will end the Scroll (SCR) Pre-Market at 2024-10-21 09:00 (UTC) and open spot trading for the following pairs at 2024-10-22 08:00 (UTC).
New Spot Trading Pairs: SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.
Users can now get the SCR deposit address, and start depositing SCR in preparation for trading at 2024-10-21 10:00 (UTC).
Withdrawals will open at 2024-10-23 08:00 (UTC).
Transfer function will resume before 2024-10-21 10:00 (UTC)
SCR Listing Fee: 0 BNB.
Smart Contract/Network Details: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)
$BNB
$SOL
$OOKI
#Binance #Bitcoin #web3 #writetoearn #information
Binance Will End the Scroll (SCR) Pre-Market and List Scroll (SCR) with Seed Tag Applied
2024-10-18 04:22
Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will end the Scroll (SCR) Pre-Market at 2024-10-21 09:00 (UTC) and open spot trading for the following pairs at 2024-10-22 08:00 (UTC).
New Spot Trading Pairs: SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.
Users can now get the SCR deposit address, and start depositing SCR in preparation for trading at 2024-10-21 10:00 (UTC).
Withdrawals will open at 2024-10-23 08:00 (UTC).
Transfer function will resume before 2024-10-21 10:00 (UTC)
SCR Listing Fee: 0 BNB.
Smart Contract/Network Details: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)
$BNB
$SOL
$OOKI
#Binance #Bitcoin #web3 #writetoearn #information
See original
@Pendle
Tokenization in DeFi
The Pendle project was designed by anonymous individuals known by the pseudonyms TN Lee, GT, YK, and Vu.
Pendle is a DeFi protocol that offers an innovative approach to the financial markets. This platform allows users to tokenize the future returns of their yielding assets and trade these tokens on the trading platform
What is Pendle? Pendle is a unique protocol that aims to tokenize and trade future returns.
Pendle (PENDLE) is a DeFi protocol that offers an innovative approach and a unique opportunity in the field of yield farming. This protocol, based on Etheruem (ETH), focuses on asset management. Pendleâs innovation lies in the ability to tokenize future returns (yield).
Pendle users can buy and sell their future returns by tokenizing their yield, put them into futures, or earn fixed returns on these assets. Pendle also offers an Automated Market Maker (AMM). It is also cross-chain, despite being built on Ethereum. At the time of writing, Pendle supports blockchains such as Arbitrum (ARB), BNB Chain (BNB), and Optimism (OP), as well as Ethereum.
Pendleâs user interface is designed to be intuitive and user-friendly, making it easy for users to participate in yield farming, liquidity provision, trading, and staking. The platformâs interface is accessible via a web browser. Users can connect their wallets to the platform to manage their cryptocurrency assets and transactions.
Pendle takes security very seriously. It has implemented a number of measures to ensure the safety of user funds and data.
$PENDLE $QUICK
#pendle #binance #writetoearn #TOKEN2049 #Bitcoin
Tokenization in DeFi
The Pendle project was designed by anonymous individuals known by the pseudonyms TN Lee, GT, YK, and Vu.
Pendle is a DeFi protocol that offers an innovative approach to the financial markets. This platform allows users to tokenize the future returns of their yielding assets and trade these tokens on the trading platform
What is Pendle? Pendle is a unique protocol that aims to tokenize and trade future returns.
Pendle (PENDLE) is a DeFi protocol that offers an innovative approach and a unique opportunity in the field of yield farming. This protocol, based on Etheruem (ETH), focuses on asset management. Pendleâs innovation lies in the ability to tokenize future returns (yield).
Pendle users can buy and sell their future returns by tokenizing their yield, put them into futures, or earn fixed returns on these assets. Pendle also offers an Automated Market Maker (AMM). It is also cross-chain, despite being built on Ethereum. At the time of writing, Pendle supports blockchains such as Arbitrum (ARB), BNB Chain (BNB), and Optimism (OP), as well as Ethereum.
Pendleâs user interface is designed to be intuitive and user-friendly, making it easy for users to participate in yield farming, liquidity provision, trading, and staking. The platformâs interface is accessible via a web browser. Users can connect their wallets to the platform to manage their cryptocurrency assets and transactions.
Pendle takes security very seriously. It has implemented a number of measures to ensure the safety of user funds and data.
$PENDLE $QUICK
#pendle #binance #writetoearn #TOKEN2049 #Bitcoin
NEWS
Today, we bring you insights on the Trump-backed WLFI crypto token sale, a massive Bitcoin move by Tesla, essential airdrop news, and a significant launch in the blockchain communication arena.
Trump-Backed WLFI Crypto Token Sale: An Underwhelming Start
Overview of the WLFI Token Sale
The token sale for World Liberty Financial (WLFI), a project backed by Donald Trump, commenced on October 15, 2024. The sale offered 20 billion tokens at a price of 1.5 cents each, targeting a total of $300 million. However, the initiative fell short of expectations, raising just 3.4% of its target with merely 687 million tokens sold.
Challenges and Technical Glitches
Despite initial enthusiasm, the token sale faced technical hurdles. The platform experienced a website crash shortly after the sale launch, likely due to overwhelming traffic. This technical glitch meant many potential investors were unable to participate, casting shadows on its execution. Notably, despite over 100,000 sign-ups, only 6,832 unique wallet holders were recorded, according to Etherscan data.
WLFI: Governance and Future Prospects
The WLFI tokens are designed as governance tokens for an Ethereum-based decentralized finance (DeFi) platform inspired by Aave. This is part of an ambitious plan to establish a decentralized ecosystem with Eric, Barron, and Donald Jr. Trump as "Web3 Ambassadors" and Donald Trump himself as "Chief Crypto Advocate."
Read more about how governance tokens function and their importance in the crypto ecosystem at Cointelegraph.
Tesla Moves Bitcoin Stash
The Bitcoin Transfer
In a surprising move, Tesla, a major corporate Bitcoin holder, transferred its entire Bitcoin reserve worth over $765 million to unknown wallets on October 15. This series of transactions, totaling 26, sparked widespread speculation about Teslaâs intentions with their Bitcoin holdings.
Speculation and Market Impact
The transfers have led to speculation about a potential sale of these holdings, which could significantly influence Bitcoinâs market dynamics. Previously, Teslaâs Bitcoin wallet remained dormant since June 2022, creating intrigue around this abrupt activity.
Teslaâs Bitcoin Journey
Teslaâs journey with Bitcoin has been turbulent:
Initial Purchase:Â In February 2021, Tesla bought $1.5 billion of Bitcoin, propelling Bitcoin to new market highs.
Bitcoin as Payment:Â The company briefly accepted Bitcoin as payment, then reversed this decision citing environmental concerns.
Sales and Influence:Â In 2022, Tesla sold 75% of its Bitcoin holdings, demonstrating readiness to liquidate for liquidity management.
Market Movements:Â CEO Elon Musk has significant influence, with his statements often triggering substantial price changes.
To gain a deeper understanding of Teslaâs financial strategies and their implications in the crypto market, refer to Forbes
$BNB
$QUICK
$MBL
#Trump #tesla #Binance #writetoearn #cryptonews
Trump-Backed WLFI Crypto Token Sale: An Underwhelming Start
Overview of the WLFI Token Sale
The token sale for World Liberty Financial (WLFI), a project backed by Donald Trump, commenced on October 15, 2024. The sale offered 20 billion tokens at a price of 1.5 cents each, targeting a total of $300 million. However, the initiative fell short of expectations, raising just 3.4% of its target with merely 687 million tokens sold.
Challenges and Technical Glitches
Despite initial enthusiasm, the token sale faced technical hurdles. The platform experienced a website crash shortly after the sale launch, likely due to overwhelming traffic. This technical glitch meant many potential investors were unable to participate, casting shadows on its execution. Notably, despite over 100,000 sign-ups, only 6,832 unique wallet holders were recorded, according to Etherscan data.
WLFI: Governance and Future Prospects
The WLFI tokens are designed as governance tokens for an Ethereum-based decentralized finance (DeFi) platform inspired by Aave. This is part of an ambitious plan to establish a decentralized ecosystem with Eric, Barron, and Donald Jr. Trump as "Web3 Ambassadors" and Donald Trump himself as "Chief Crypto Advocate."
Read more about how governance tokens function and their importance in the crypto ecosystem at Cointelegraph.
Tesla Moves Bitcoin Stash
The Bitcoin Transfer
In a surprising move, Tesla, a major corporate Bitcoin holder, transferred its entire Bitcoin reserve worth over $765 million to unknown wallets on October 15. This series of transactions, totaling 26, sparked widespread speculation about Teslaâs intentions with their Bitcoin holdings.
Speculation and Market Impact
The transfers have led to speculation about a potential sale of these holdings, which could significantly influence Bitcoinâs market dynamics. Previously, Teslaâs Bitcoin wallet remained dormant since June 2022, creating intrigue around this abrupt activity.
Teslaâs Bitcoin Journey
Teslaâs journey with Bitcoin has been turbulent:
Initial Purchase:Â In February 2021, Tesla bought $1.5 billion of Bitcoin, propelling Bitcoin to new market highs.
Bitcoin as Payment:Â The company briefly accepted Bitcoin as payment, then reversed this decision citing environmental concerns.
Sales and Influence:Â In 2022, Tesla sold 75% of its Bitcoin holdings, demonstrating readiness to liquidate for liquidity management.
Market Movements:Â CEO Elon Musk has significant influence, with his statements often triggering substantial price changes.
To gain a deeper understanding of Teslaâs financial strategies and their implications in the crypto market, refer to Forbes
$BNB
$QUICK
$MBL
#Trump #tesla #Binance #writetoearn #cryptonews
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MBL
A nice project
Co-founded by Chris Kang, Jeffrey Jin, and Peter Kim, MovieBloc is an ICO project run by Korean video streaming platform Pandora.tv. In other words, MovieBloc is a decentralized movie and content distribution platform.
MBL is the native cryptocurrency of the MovieBloc platform. MovieBloc is a blockchain-based movie and content distribution platform that aims to bring transparency and decentralization to the movie industry. Launched in 2019, the platform aims to break the dominance of large companies, especially in the film production and distribution process.
MovieBloc states in its whitepaper that oligopoly and vertical integration in the film industry make it difficult for small and new players to enter the market. This restricts viewers from accessing a wider variety of content. To overcome these problems, MovieBloc aims to provide transparency in transaction processes by using smart contracts.
Creators of video content such as movies can receive MBL payments by publishing their content on the platform. These contents are published with completely transparent view counts. In addition, users who add elements such as subtitles to video and film content on the platform are also rewarded with MBL tokens.
In addition, anyone who creates an independent film or owns intellectual property rights in a specific country can earn money by uploading a film to the platform. The price of the film is determined by the person uploading the film. According to the statements made, it may be difficult to earn money as a paid film for short films, so it may be a better option to publish short films for free. At this point, it is stated that users can earn money through ads even if they publish for free
$MBL
#MovieBloc #mbl #Binance #writetoearn #TOKEN2049
A nice project
Co-founded by Chris Kang, Jeffrey Jin, and Peter Kim, MovieBloc is an ICO project run by Korean video streaming platform Pandora.tv. In other words, MovieBloc is a decentralized movie and content distribution platform.
MBL is the native cryptocurrency of the MovieBloc platform. MovieBloc is a blockchain-based movie and content distribution platform that aims to bring transparency and decentralization to the movie industry. Launched in 2019, the platform aims to break the dominance of large companies, especially in the film production and distribution process.
MovieBloc states in its whitepaper that oligopoly and vertical integration in the film industry make it difficult for small and new players to enter the market. This restricts viewers from accessing a wider variety of content. To overcome these problems, MovieBloc aims to provide transparency in transaction processes by using smart contracts.
Creators of video content such as movies can receive MBL payments by publishing their content on the platform. These contents are published with completely transparent view counts. In addition, users who add elements such as subtitles to video and film content on the platform are also rewarded with MBL tokens.
In addition, anyone who creates an independent film or owns intellectual property rights in a specific country can earn money by uploading a film to the platform. The price of the film is determined by the person uploading the film. According to the statements made, it may be difficult to earn money as a paid film for short films, so it may be a better option to publish short films for free. At this point, it is stated that users can earn money through ads even if they publish for free
$MBL
#MovieBloc #mbl #Binance #writetoearn #TOKEN2049
News
Italy mulls raising Bitcoin capital gains tax above 40% as crypto gaining momentum: report
Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit.
Bitcoin holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the capital gains tax on crypto from 26% to 42%, Bloomberg reports.
During a conference call on Wednesday, Italyâs deputy finance minister Maurizio Leo noted that the government is responding to the rapid growth of crypto usage, stating that the phenomenon is âspreadingâ quickly. The report did not provide a timeline though for when the new tax might be implemented though.
Italy is not alone in its approach to crypto taxation. Other nations, like India, have also grappled with similar issues, resulting in declines in local trading volumes as investors shift to offshore markets
Italy treading well-established track
As crypto.news reported earlier, crypto trading and mining profits in India are subject to a flat 30% tax. Staking income is also taxed, though based on the individualâs income tax slab, potentially offering a lower rate.
The potential tax increase coincides with Italyâs preparations to adopt the European Unionâs Markets in Crypto-Assets regulations, scheduled to take effect by the end of 2024.
The proposed changes could potentially reshape Italyâs crypto landscape. Earlier in July, Bank of Italy Governor Fabio Panetta suggested that MiCA, which includes provisions for electronic money tokens and asset-referenced tokens, may conflict with existing Italian law, hinting at a selective implementation of these guidelines
$HMSTR
$QUICK
$OOKI
#news #writetoearn #Bitcoin #Binance #TOKEN2049
Italy mulls raising Bitcoin capital gains tax above 40% as crypto gaining momentum: report
Italy is considering raising its capital gains tax on crypto to 42% as part of efforts to reduce the fiscal deficit.
Bitcoin holders could soon face nearly two-fold tax increase in Italy, as the government plans to raise the capital gains tax on crypto from 26% to 42%, Bloomberg reports.
During a conference call on Wednesday, Italyâs deputy finance minister Maurizio Leo noted that the government is responding to the rapid growth of crypto usage, stating that the phenomenon is âspreadingâ quickly. The report did not provide a timeline though for when the new tax might be implemented though.
Italy is not alone in its approach to crypto taxation. Other nations, like India, have also grappled with similar issues, resulting in declines in local trading volumes as investors shift to offshore markets
Italy treading well-established track
As crypto.news reported earlier, crypto trading and mining profits in India are subject to a flat 30% tax. Staking income is also taxed, though based on the individualâs income tax slab, potentially offering a lower rate.
The potential tax increase coincides with Italyâs preparations to adopt the European Unionâs Markets in Crypto-Assets regulations, scheduled to take effect by the end of 2024.
The proposed changes could potentially reshape Italyâs crypto landscape. Earlier in July, Bank of Italy Governor Fabio Panetta suggested that MiCA, which includes provisions for electronic money tokens and asset-referenced tokens, may conflict with existing Italian law, hinting at a selective implementation of these guidelines
$HMSTR
$QUICK
$OOKI
#news #writetoearn #Bitcoin #Binance #TOKEN2049
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QUÄ°CK
QuickSwap is a next-generation DEX and DeFi ecosystem. Trade at lightning speed with near-zero gas fees.
Founded by Nick Mudge and Sameep Singhania, QuickSwap is an Automated Market Maker (AMM) that allows people to trade orders without having to go through any verification process or provide any personal information, all through your browser.
It is an Ethereum-based permissionless decentralized exchange (DEX) powered by Polygon Networkâs Layer 2 scalability infrastructure. Similar to Uniswap, anyone can trade any ERC-20 token on QuickSwap. However, QuickSwap is not another Uniswap âcloneâ. It is looking to solve the diversity issues on the Ethereum blockchain.
QuickSwap is often compared to another DEX, Uniswap. However, Uniswap runs on the Ethereum network, while QuickSwap runs on the Matic/Polygon Layer-2 platform. This is the main difference between decentralized exchanges.
Due to the high congestion on the Ethereum network, QuickSwap offers lower fees than Ethereum and faster transactions than Uniswap. However, Uniswap has become the industry standard for AMMs and liquidity mining. Therefore, it is heavily regulated and it is not surprising that many projects use Uniswap open source code to create DEX variations.
The project uses the Automated Market Maker model for users to swap tokens. Therefore, it aims to make the DEX experience easier. On the other hand, users have the opportunity to connect their Ethereum ERC20 tokens to Polygon.
QUICK is launched as the cryptocurrency of the QuickSwap platform. It is also used to perform many different transactions.
$QUICK
$BNB
#QuickSwap #quick #Binance #writetoearn #TOKEN2049
QuickSwap is a next-generation DEX and DeFi ecosystem. Trade at lightning speed with near-zero gas fees.
Founded by Nick Mudge and Sameep Singhania, QuickSwap is an Automated Market Maker (AMM) that allows people to trade orders without having to go through any verification process or provide any personal information, all through your browser.
It is an Ethereum-based permissionless decentralized exchange (DEX) powered by Polygon Networkâs Layer 2 scalability infrastructure. Similar to Uniswap, anyone can trade any ERC-20 token on QuickSwap. However, QuickSwap is not another Uniswap âcloneâ. It is looking to solve the diversity issues on the Ethereum blockchain.
QuickSwap is often compared to another DEX, Uniswap. However, Uniswap runs on the Ethereum network, while QuickSwap runs on the Matic/Polygon Layer-2 platform. This is the main difference between decentralized exchanges.
Due to the high congestion on the Ethereum network, QuickSwap offers lower fees than Ethereum and faster transactions than Uniswap. However, Uniswap has become the industry standard for AMMs and liquidity mining. Therefore, it is heavily regulated and it is not surprising that many projects use Uniswap open source code to create DEX variations.
The project uses the Automated Market Maker model for users to swap tokens. Therefore, it aims to make the DEX experience easier. On the other hand, users have the opportunity to connect their Ethereum ERC20 tokens to Polygon.
QUICK is launched as the cryptocurrency of the QuickSwap platform. It is also used to perform many different transactions.
$QUICK
$BNB
#QuickSwap #quick #Binance #writetoearn #TOKEN2049
News
This crypto presale could be the next chance after missing the ETH and TON ICOâs
@Ethereum
Top altcoins like Ethereum and Toncoin surged, prompting investors to seek alternatives like Rollblock, which boasts 250% returns.
Thereâs been a surge of crypto action this week with movement from top altcoins like Ethereum and Toncoin. Both have seen sustained growth but many investors have either missed out or are looking at alternatives. This is where the GambleFi ecosystem Rollblock has stepped in. Already boasting a 250% return, RBLK continues to shake things up with further price increases.
Could Future Ethereum changes drive investment?
Over the past week, Ethereum founder Vitalik Buterin has spoken about changes to the Ethereum network. These include lower staking thresholds and improved transaction speeds. These changes are yet to be implemented but could result in an investment drive in the Ethereum altcoin that could see prices push the $4k mark again.
You might also like:Rollblock aims to replicate 10,000x Shiba Inu 2021 run
Can the stabilized Toncoin ecosystem mean future growth?
Toncoin has recently improved its underlying infrastructure and ecosystem which has resulted in improved stabilization and Toncoin processing efficiency. Investors are bullish about this growth, with Toncoin rallying by 171% over the year. The price is holding at $5.28, and although growth in the last week has been sluggish, this ecosystem boost should lead to future Toncoin increases.
Rollblock presale stage 8 set for RBLK price jump to $0.035
Rollblock is becoming a promising new investment for individuals who missed out on Ethereum and Toncoin. This GambleFi ecosystem and DeFi casino is available at $0.035 in presale stage 7 and this is set to jump to $0.04 when stage 8 hits.Â
Rollblock brings a well-equipped DeFi casino to the forefront of the gambling industry, where users can register today. The no-KYC policy means a smooth and fast registration, and as itâs built on the Ethereum blockchain, transactions are especially secure. Over 7,000 games are available, including live dealers and live game shows, plus thousands of video slots.
In time, sports betting is expected to follow too, which would add futures and in-play options for top markets like the NBA, European soccer, and tennis. The RBLK token can be used at the DeFi casino, but it also has a unique investment potential with its revenue sharing system.
Rollblock will use up to 30% of casino revenue weekly to buy RBLK back from the open market. It will then burn half of these tokens as a deflationary measure to keep RBLK scarce. The other half will be awarded to holders as their stalking rewards meaning consistent dividends.
Investors are turning to Rollblock because of this and moving away from other altcoins like Ethereum and Toncoin. The current price of $0.035 represents a 250% increase, and experts predict a further 100x return is possible by December and this is looking more and more likely with the next stated increase to $0.04 making now the perfect time to invest in Rollblock
$TON
$ETH
$ETHFI
#Ton #eth #Binance #writetoearn #TOKEN2049
@Ethereum
Top altcoins like Ethereum and Toncoin surged, prompting investors to seek alternatives like Rollblock, which boasts 250% returns.
Thereâs been a surge of crypto action this week with movement from top altcoins like Ethereum and Toncoin. Both have seen sustained growth but many investors have either missed out or are looking at alternatives. This is where the GambleFi ecosystem Rollblock has stepped in. Already boasting a 250% return, RBLK continues to shake things up with further price increases.
Could Future Ethereum changes drive investment?
Over the past week, Ethereum founder Vitalik Buterin has spoken about changes to the Ethereum network. These include lower staking thresholds and improved transaction speeds. These changes are yet to be implemented but could result in an investment drive in the Ethereum altcoin that could see prices push the $4k mark again.
You might also like:Rollblock aims to replicate 10,000x Shiba Inu 2021 run
Can the stabilized Toncoin ecosystem mean future growth?
Toncoin has recently improved its underlying infrastructure and ecosystem which has resulted in improved stabilization and Toncoin processing efficiency. Investors are bullish about this growth, with Toncoin rallying by 171% over the year. The price is holding at $5.28, and although growth in the last week has been sluggish, this ecosystem boost should lead to future Toncoin increases.
Rollblock presale stage 8 set for RBLK price jump to $0.035
Rollblock is becoming a promising new investment for individuals who missed out on Ethereum and Toncoin. This GambleFi ecosystem and DeFi casino is available at $0.035 in presale stage 7 and this is set to jump to $0.04 when stage 8 hits.Â
Rollblock brings a well-equipped DeFi casino to the forefront of the gambling industry, where users can register today. The no-KYC policy means a smooth and fast registration, and as itâs built on the Ethereum blockchain, transactions are especially secure. Over 7,000 games are available, including live dealers and live game shows, plus thousands of video slots.
In time, sports betting is expected to follow too, which would add futures and in-play options for top markets like the NBA, European soccer, and tennis. The RBLK token can be used at the DeFi casino, but it also has a unique investment potential with its revenue sharing system.
Rollblock will use up to 30% of casino revenue weekly to buy RBLK back from the open market. It will then burn half of these tokens as a deflationary measure to keep RBLK scarce. The other half will be awarded to holders as their stalking rewards meaning consistent dividends.
Investors are turning to Rollblock because of this and moving away from other altcoins like Ethereum and Toncoin. The current price of $0.035 represents a 250% increase, and experts predict a further 100x return is possible by December and this is looking more and more likely with the next stated increase to $0.04 making now the perfect time to invest in Rollblock
$TON
$ETH
$ETHFI
#Ton #eth #Binance #writetoearn #TOKEN2049
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VET
VeChain was created by creator and co-founder Sunny Lu, an IT executive and former CIO of Louis Vuitton China. Lu has since become a well-known name in the cryptocurrency industry. She has also highlighted blockchain technologyâs ability to specifically address transparency, advocating the idea that it could create âtrustlessâ structures that are not subject to corruption as part of the supply chain.
Vet Coin, which is very different from Bitcoin in terms of its operation and features, is the native asset of the blockchain-based semi-decentralized cryptocurrency network VeChain. The primary goal of VeChain is to make these processes and information flow more efficient for multi-way supply chains through the Distributed Ledger Technology (DLT) procedure.
Vet Coin, which is very different from Bitcoin in terms of its operation and features, is the native asset of the blockchain-based semi-decentralized cryptocurrency network VeChain. The primary goal of VeChain is to make these processes and information flow more efficient for multi-way supply chains through the Distributed Ledger Technology (DLT) procedure.
News Tesla
Tesla quietly moves $769m in Bitcoin to multiple unknown wallets$
Cybertruck manufacturer Tesla has moved its Bitcoin holdings across multiple unidentified wallets after two years of dormancy.
According to data from Arkham Intelligence, Tesla-labeled wallets started moving the funds on Oct. 15 at around 20:41 UTC, after conducting several test transactions for small amounts of Bitcoin. Subsequently, 11,500 BitcoinÂ ïżŒbtc2.07%Bitcoin worth over $769 million were distributed across seven different wallets.
The transfers marked the first time the funds had been moved since June 17, 2022.
At press time, there had been no official announcement from the electric vehicle maker on whether it plans to sell its holdings, while the ownership of the recipient wallets remains unknown. Teslaâs upcoming Q3 earnings report, slated for Oct. 23, is expected to shed some light on the recent move.
On X, one observer speculated that the move was likely not a sale, but rather an effort by Tesla to take direct custody of the coins. They noted that this could signal the reactivation of Bitcoin payments, pointing out that the use of a legacy address format, typically not used by exchanges for near-term transactions, was a key indicator
Cybertruck manufacturer Tesla has moved its Bitcoin holdings across multiple unidentified wallets after two years of dormancy.
According to data from Arkham Intelligence, Tesla-labeled wallets started moving the funds on Oct. 15 at around 20:41 UTC, after conducting several test transactions for small amounts of Bitcoin. Subsequently, 11,500 BitcoinÂ ïżŒbtc2.07%Bitcoin worth over $769 million were distributed across seven different wallets.
The transfers marked the first time the funds had been moved since June 17, 2022.
At press time, there had been no official announcement from the electric vehicle maker on whether it plans to sell its holdings, while the ownership of the recipient wallets remains unknown. Teslaâs upcoming Q3 earnings report, slated for Oct. 23, is expected to shed some light on the recent move.
On X, one observer speculated that the move was likely not a sale, but rather an effort by Tesla to take direct custody of the coins. They noted that this could signal the reactivation of Bitcoin payments, pointing out that the use of a legacy address format, typically not used by exchanges for near-term transactions, was a key indicator.
You might also like:Teslaâs automation will help with stablecoin adoption: Pompliano
Teslaâs Bitcoin sales
The last time Tesla sold Bitcoin was in June 2022, when the company sold 29,160 at an average price of $20,000 per coin, which remains the firmâs biggest sale to date. Before that, the firm had offloaded 4,320 BTC a month after acquiring $1.5 billion of the flagship crypto in February 2021.
At the time, Musk said the move was to demonstrate how easy it was to liquidate Bitcoin without significantly impacting the market.
Soon after, Tesla CEO Elon Musk announced that the firm would also accept Bitcoin as a payment for its vehicles. However, just months later in May 2021, the company suspended the payment option citing growing concerns over the environmental impact of Bitcoin mining, particularly the heavy reliance on fossil fuels, such as coal, to power the mining operations.
Prior to todayâs transfers, Tesla was the fourth-largest corporate holder of Bitcoin after business intelligence firm MicroStrategy and Bitcoin miners Galaxy Digital and Riot platforms, per Bitbo data.
Meanwhile, Muskâs other company SpaceX, continues to hold its Bitcoin stash, currently owning 8,285 Bitcoin (roughly $556 million.)
When writing, Bitcoinâs price had not reacted to the transfers, and the cryptocurrency was trading slightly below $67,000, and was up 1.7% in the past 24 hours.
In related news, Musk teased the possibility of reinstating Dogecoin as a payment option for Tesla merchandise in August. Though no official announcement has been made, Muskâs subtle hints have once again put Dogecoin in the spotlight.
$BNB
$QUICK
$BEAMX
#elonmusk #news #Binance #writetoearn #tesla
Cybertruck manufacturer Tesla has moved its Bitcoin holdings across multiple unidentified wallets after two years of dormancy.
According to data from Arkham Intelligence, Tesla-labeled wallets started moving the funds on Oct. 15 at around 20:41 UTC, after conducting several test transactions for small amounts of Bitcoin. Subsequently, 11,500 BitcoinÂ ïżŒbtc2.07%Bitcoin worth over $769 million were distributed across seven different wallets.
The transfers marked the first time the funds had been moved since June 17, 2022.
At press time, there had been no official announcement from the electric vehicle maker on whether it plans to sell its holdings, while the ownership of the recipient wallets remains unknown. Teslaâs upcoming Q3 earnings report, slated for Oct. 23, is expected to shed some light on the recent move.
On X, one observer speculated that the move was likely not a sale, but rather an effort by Tesla to take direct custody of the coins. They noted that this could signal the reactivation of Bitcoin payments, pointing out that the use of a legacy address format, typically not used by exchanges for near-term transactions, was a key indicator
Cybertruck manufacturer Tesla has moved its Bitcoin holdings across multiple unidentified wallets after two years of dormancy.
According to data from Arkham Intelligence, Tesla-labeled wallets started moving the funds on Oct. 15 at around 20:41 UTC, after conducting several test transactions for small amounts of Bitcoin. Subsequently, 11,500 BitcoinÂ ïżŒbtc2.07%Bitcoin worth over $769 million were distributed across seven different wallets.
The transfers marked the first time the funds had been moved since June 17, 2022.
At press time, there had been no official announcement from the electric vehicle maker on whether it plans to sell its holdings, while the ownership of the recipient wallets remains unknown. Teslaâs upcoming Q3 earnings report, slated for Oct. 23, is expected to shed some light on the recent move.
On X, one observer speculated that the move was likely not a sale, but rather an effort by Tesla to take direct custody of the coins. They noted that this could signal the reactivation of Bitcoin payments, pointing out that the use of a legacy address format, typically not used by exchanges for near-term transactions, was a key indicator.
You might also like:Teslaâs automation will help with stablecoin adoption: Pompliano
Teslaâs Bitcoin sales
The last time Tesla sold Bitcoin was in June 2022, when the company sold 29,160 at an average price of $20,000 per coin, which remains the firmâs biggest sale to date. Before that, the firm had offloaded 4,320 BTC a month after acquiring $1.5 billion of the flagship crypto in February 2021.
At the time, Musk said the move was to demonstrate how easy it was to liquidate Bitcoin without significantly impacting the market.
Soon after, Tesla CEO Elon Musk announced that the firm would also accept Bitcoin as a payment for its vehicles. However, just months later in May 2021, the company suspended the payment option citing growing concerns over the environmental impact of Bitcoin mining, particularly the heavy reliance on fossil fuels, such as coal, to power the mining operations.
Prior to todayâs transfers, Tesla was the fourth-largest corporate holder of Bitcoin after business intelligence firm MicroStrategy and Bitcoin miners Galaxy Digital and Riot platforms, per Bitbo data.
Meanwhile, Muskâs other company SpaceX, continues to hold its Bitcoin stash, currently owning 8,285 Bitcoin (roughly $556 million.)
When writing, Bitcoinâs price had not reacted to the transfers, and the cryptocurrency was trading slightly below $67,000, and was up 1.7% in the past 24 hours.
In related news, Musk teased the possibility of reinstating Dogecoin as a payment option for Tesla merchandise in August. Though no official announcement has been made, Muskâs subtle hints have once again put Dogecoin in the spotlight.
$BNB
$QUICK
$BEAMX
#elonmusk #news #Binance #writetoearn #tesla
News
Cosmos Hubâs Liquid Staking Module under scrutiny following DPRK ties
Concerns over the security of Cosmos Hubâs Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development.
Blockchain development firm All in Bits has issued a stark warning to the Cosmos community regarding the integrity of its Liquidity Staking Module, a solution that allowed for staked with validators to convert into liquid staked ATOM tokens.
ALL in Bits warned that contributions from developers allegedly linked to North Korea were made at the very beginning of the LSMâs development, raising alarms about potential vulnerabilities embedded in the system.
In July 2022, an audit by Oak Security identified severe vulnerabilities, including mechanisms allowing stakers to evade slashing penalties. Alarmingly, the same North Korean developers were tasked with addressing these issues, All in Bits added, arguing compromised the integrity of the remediation process.
A year later, the FBI warned Zaki Manian, a lead figure in the LSMâs development, about DPRKâs involvement, All in Bits said, adding that âdespite notification from FBI, Zaki promotes LSM as âfinishedâ and without disclosure to the Cosmos Hub community and pushes the LSM Signaling Proposal on chain.
Analysts at the blockchain development firm called for immediate action from the Cosmos governance community, including a comprehensive audit of the LSM and the establishment of stricter security protocols for future code contributions
The heightened scrutiny of the LSM comes against a backdrop of increasing alerts from the FBI regarding North Korean hackers aggressively targeting employees in the crypto and decentralized finance sectors. Per the bureau, cybercriminals utilize sophisticated social engineering tactics designed to deceive even the most technically proficient individuals, emphasizing the critical need for robust security measures in the blockchain space
$BNB
#Binance #Bitcoin #writetoearn #web3 #cosmos
Cosmos Hubâs Liquid Staking Module under scrutiny following DPRK ties
Concerns over the security of Cosmos Hubâs Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development.
Blockchain development firm All in Bits has issued a stark warning to the Cosmos community regarding the integrity of its Liquidity Staking Module, a solution that allowed for staked with validators to convert into liquid staked ATOM tokens.
ALL in Bits warned that contributions from developers allegedly linked to North Korea were made at the very beginning of the LSMâs development, raising alarms about potential vulnerabilities embedded in the system.
In July 2022, an audit by Oak Security identified severe vulnerabilities, including mechanisms allowing stakers to evade slashing penalties. Alarmingly, the same North Korean developers were tasked with addressing these issues, All in Bits added, arguing compromised the integrity of the remediation process.
A year later, the FBI warned Zaki Manian, a lead figure in the LSMâs development, about DPRKâs involvement, All in Bits said, adding that âdespite notification from FBI, Zaki promotes LSM as âfinishedâ and without disclosure to the Cosmos Hub community and pushes the LSM Signaling Proposal on chain.
Analysts at the blockchain development firm called for immediate action from the Cosmos governance community, including a comprehensive audit of the LSM and the establishment of stricter security protocols for future code contributions
The heightened scrutiny of the LSM comes against a backdrop of increasing alerts from the FBI regarding North Korean hackers aggressively targeting employees in the crypto and decentralized finance sectors. Per the bureau, cybercriminals utilize sophisticated social engineering tactics designed to deceive even the most technically proficient individuals, emphasizing the critical need for robust security measures in the blockchain space
$BNB
#Binance #Bitcoin #writetoearn #web3 #cosmos
News
Boliviaâs Women Lead Financial Innovation: The Rise of Female Crypto Entrepreneurs in Cochabamba
In Cochabamba, the Chamber of Women Entrepreneurs (CAMEBOL Cochabamba) and the International Cooperation Study Center (CECI Bolivia) recently launched the âWomen in Cryptoâ workshop. This pioneering event, held in observance of Bolivian Womenâs Day, drew over 200 businesswomen and entrepreneurs eager to delve into cryptocurrency and blockchain technology
Financial Empowerment Amid Economic Challenges
The opening ceremony was marked by Magaly Castro, the president of CAMEBOL Cochabamba, who emphasized the workshopâs timely nature amidst Boliviaâs challenging economic landscape. With the nation grappling with foreign exchange shortages, the workshop presented an opportunity for women to explore innovative financial alternatives
Leading Through Innovation in Tough Times
The economic scenario in Bolivia poses significant challenges,particularly affecting women, many of whom rely on vulnerable or informal sectors. The workshop, led by André Canelas, an expert in electronic financial technology, highlighted how blockchain and cryptocurrencies could offer new investment avenues and enhance financial autonomy for women, enabling them to manage their resources more effectively and competitively
Seizing Opportunities in Crisis
Claudia Ballesteros, a specialist in Economic Empowerment from CECI Boliviaâs TEA WEEB Project, underscored the critical role women play in the countryâs economic and technological transformation
The event also featured a panel of entrepreneurs who have integrated cryptocurrencies into their business operations. These leaders shared insights on how cryptocurrencies have enhanced the agility, efficiency, and security of their financial transactions
The âWomen in Cryptoâ workshop is part of CAMEBOL Cochabambaâs broader commitment to training and highlighting the economic contributions of women
$BNB
$QUICK
$BEAMX
#news #writetoearn #cryptonews #Binance #TOKEN2049
Boliviaâs Women Lead Financial Innovation: The Rise of Female Crypto Entrepreneurs in Cochabamba
In Cochabamba, the Chamber of Women Entrepreneurs (CAMEBOL Cochabamba) and the International Cooperation Study Center (CECI Bolivia) recently launched the âWomen in Cryptoâ workshop. This pioneering event, held in observance of Bolivian Womenâs Day, drew over 200 businesswomen and entrepreneurs eager to delve into cryptocurrency and blockchain technology
Financial Empowerment Amid Economic Challenges
The opening ceremony was marked by Magaly Castro, the president of CAMEBOL Cochabamba, who emphasized the workshopâs timely nature amidst Boliviaâs challenging economic landscape. With the nation grappling with foreign exchange shortages, the workshop presented an opportunity for women to explore innovative financial alternatives
Leading Through Innovation in Tough Times
The economic scenario in Bolivia poses significant challenges,particularly affecting women, many of whom rely on vulnerable or informal sectors. The workshop, led by André Canelas, an expert in electronic financial technology, highlighted how blockchain and cryptocurrencies could offer new investment avenues and enhance financial autonomy for women, enabling them to manage their resources more effectively and competitively
Seizing Opportunities in Crisis
Claudia Ballesteros, a specialist in Economic Empowerment from CECI Boliviaâs TEA WEEB Project, underscored the critical role women play in the countryâs economic and technological transformation
The event also featured a panel of entrepreneurs who have integrated cryptocurrencies into their business operations. These leaders shared insights on how cryptocurrencies have enhanced the agility, efficiency, and security of their financial transactions
The âWomen in Cryptoâ workshop is part of CAMEBOL Cochabambaâs broader commitment to training and highlighting the economic contributions of women
$BNB
$QUICK
$BEAMX
#news #writetoearn #cryptonews #Binance #TOKEN2049
See original
Question and Answer
I wanted to distract our minds, my dears.
A crypto question
NOVEMBER 30, 2017
On that date, what was the opening price of BTC that day?
A 4-digit number is enough for the answer.
(example: (1.111 usd)
$BTC
$BNB
$BEAMX
#Binance #Bitcoin #web3 #writetoearn #btc
I wanted to distract our minds, my dears.
A crypto question
NOVEMBER 30, 2017
On that date, what was the opening price of BTC that day?
A 4-digit number is enough for the answer.
(example: (1.111 usd)
$BTC
$BNB
$BEAMX
#Binance #Bitcoin #web3 #writetoearn #btc
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
MemeCoinTrending
28M views
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đ° ADA Analysis- đ
Cardano has successfully broken out of a falling wedge pattern on the 3-days chartđââïž
A retest of the breakout has been completed, confirming the bullish moveđ
If momentum continues, we might see price surge towards targets at $0.400, $0.465, and $0.560đŻ
#ADA #CryptoDawar #MemeCoinTrending #HotTrends #TrendingTopic
$ADA
CRYPTO DAWAR
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WhichMemeCoin?
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