Opinion: Blockchain is not a panacea, but it is the savior where it is needed For managers, entrepreneurs and builders engaged in blockchain work, it is essential to conduct cost-benefit analysis on the implementation of distributed ledger technology (DLT). Blockchain technology and related markets have gained tremendous momentum in the past year. In this entire emerging industry, huge developments and active funding of ideas have triggered some serious discussions about the…
Guess what Elon Musk said !!!!! On February 1, Tesla CEO Elon Musk said in an interview with American social media Clubhouse: "Bitcoin is a good thing, so I am a supporter of Bitcoin." Musk claimed that he had a share in the Bitcoin transaction in 2013, and many of his friends have been trying to persuade him to buy and sell Bitcoin for many years. He also said that he should buy bitcoin at least 8 years ago and admitted that he was late in the feast of bitcoin transactions.…
What is Project Serum: should we expect more ? Decentralized Finance (DeFi) is now the brightest sector in the cryptocurrency industry because it can provide financial services without the interference of a third party such as banks or any other non-bank financial institution. The DeFi market grew by leaps and bounds in 2020 and shows no signs of slowing down in 2021. According to DeFi pulse, the total locked value (TVL) in DeFi has grown to $27.13 billion from $15 billion…
What is Orion Protocol : Is this the bridge between CEX and DEX ? There are two types of crypto exchanges in the industry: centralized and decentralized. Both have their shortcomings: centralized exchanges are vulnerable to attack, while decentralized exchanges remain a relatively new introduction to the industry. Liquidity has always been a problem for exchanges which makes it difficult for traders to trade profitably on popular exchanges. To solve this liquidity problem…
Do you want to make profit with each rise in the price of Bitcoin? Read this !!!!!!!! Today, I will be showing you one simple way Bitcoin crypto traders have manage to increase their profits as the market becomes more volatile. Bitcoin crypto traders have experienced multiple ups and downs in recent days, with the price of Bitcoin jumping from $32,000 to $ 38,500, only to drop back to $33,000 in less than a day. **Bitcoin makes life difficult for crypto traders** After…
An Overview of Myself Been on for a couple of weeks now, I just have to introduce myself. I was introduced to this platform by a close friend Cebulord, and I won't lie have benefitted so much from it. There is this other one where we go to make noise😆. I love making noise, I guess the site was made for me. Let me try to be brief with my introduction: **About myself** I go by the name Ernesto Danilo. With nickname Cranium, wanna know how I got the nickname ? During our…
Happenings in crypto world: Thursday, 5th feb. 2021 **🌐 Kaspersky Lab warns of cryptocurrency scammers on Discord platform** According to Kaspersky Lab, cryptocurrency scammers are luring users to fake cryptocurrency exchanges through Discord channels and are trying to collect a database for sale on the darknet. According to an article in the blog of the cybersecurity company Kaspersky Lab, cryptocurrency scammers have targeted users of the popular chat platform Discord,…
Read!!!!! Everything you need to know about cryptocurrency trading pt. 1 **In recent years, the number of cryptocurrency-related financial institutions has been accelerating. Cryptocurrencies are slowly being incorporated into investment management by asset management companies. Although they have some things in common with more traditional assets, they have some unique properties, and they are still in the process of being understood as assets. Therefore, it is very…
Read!!!!! Everything you need to know about cryptocurrency trading pt. 2 ***Here is a continuation of my article on everything you need to know about cryptocurrency trading:*** **Comparison of three cryptocurrency trading systems** Real-time trading systems use real-time functions to collect data and generate trading algorithms. The turtle trading system and the arbitrage trading system show a sharp contrast in the behavior of returns and risks. Using the turtle trading…
Big Leap as Bitcoin surpasses $40,000 again: Should we expect more ? After a series of boring price actions, Bitcoin has once again gained prominence. There has been a gap of almost a month, and now the world's top crypto asset has risen to $40,393 on February 6. In the last 24 hours alone, Bitcoin skyrocketed by more than 8%, adding to its weekly gains that rose to 24%. The cryptocurrency was now preparing for another run above its recently broken all-time high of $ 42,000.…
Read!!!! Everything you need to Know about cryptocurrency. Final part!!!!! **Final part of the article on everything you need to know about cryptocurrency trading:** Researchers will also focus on comparing classic statistical models and machine/deep learning models. Rane et al. described classic time series forecasting methods and machine learning algorithms used to predict bitcoin prices. Comparing statistical models such as Autoregressive Integrated Moving Average Model…
Happenings in Crypto world : 8th feb. 2021 🌐 **Ziggy virus operators shut down and release decryption keys** The hacker group behind the Ziggy ransomware virus has announced it has ceased activity and has released the keys to decrypt files. “We decided to publish all the decryption keys. We are very sorry for what we did. The keys will be published in the near future, ”the Ziggy administrator said in a Telegram group. After that, an SQL file appeared in the channel, which…
Happenings In Crypto World : 9th feb. 2021 🌐 **Bitwise applied to launch ETF on cryptocurrency stocks** Bitwise has filed another application with the SEC to launch a cryptocurrency ETF. The new ETF will track not the price of digital assets, but the stocks of companies operating in the industry. Bitwise is a digital asset management and cryptocurrency index provider. The new Bitwise Crypto Innovators ETF will track stock prices of companies participating in its own Bitwise…
Happenings in Crypto World : 10th feb. 2021 🌐 **Hackers hacked Blockfolio service to publish offensive content** Hackers hacked into the FTX cryptocurrency portfolio management service Blockfolio. Attackers sent out abusive messages to users. A message appeared on the service's Twitter that the Blockfolio team is apologizing for the offensive content and is already investigating the issue. Users' assets remained safe and the trading platform is working fine. “Hello, we are…
Happenings in crypto world : 11th feb. 2021 **🌐 Janet Yellen: "The use of cryptocurrencies for illegal purposes is a growing problem"** According to US Treasury Secretary Janet Yellen, the use of cryptocurrencies for drug trafficking and terrorist financing is a "growing problem." During a roundtable on policy innovation in the financial sector, US Treasury Secretary Janet Yellen warned that digital currency-related crime and cyber attacks are on the rise. “I see the promise…
The Biden administration's attitude towards cryptocurrencies is so encouraging. Read!!! Tesla's shocking 1.5 billion this week broke Bitcoin's trend of trading in the past month and made Bitcoin leap to the next milestone of 50,000 US dollars in one fell swoop. Some U.S. state governments, self-governing bodies and their government employees that have long been friendly to cryptocurrencies immediately responded and expressed their support for this initiative. Crypto-friendly…
Happenings in crypto world : 12th feb. 2021 🌐 **Nouriel Roubini: "The SEC should monitor the manipulations of Elon Musk in the cryptocurrency market"** Renowned Bitcoin critic Nouriel Roubini called Elon Musk "a manipulator of the cryptocurrency market" and said that regulators should keep a close eye on such people. Nouriel Roubini criticized the behavior of Tesla CEO Elon Musk, who recently tweeted about BTC and DOGE as his tweets are fueling cryptocurrencies. Later in an…
Happenings in crypto world : 13th feb. 2021. 🌐 **JPMorgan Co-Chair: "We Will Start With Bitcoin When Demand"** Daniel Pinto, co-chairman of the American investment bank JPMorgan Chase, said that sooner or later the bank will have to work with bitcoin due to the growing interest in this asset. Daniel Pinto said that the bank's decision to implement services that work with bitcoin will depend on customer demand for cryptocurrency trading. Today, JPMorgan's clients have little…
Happenings In Crypto World : 15th feb. 2021 🌐 **Elvira Nabiullina: "Bitcoin is not a currency**" Elvira Nabiullina, Chairman of the Central Bank of Russia, said that bitcoin is a rather volatile and risky asset and cannot be considered a currency. During a press conference on Friday, Nabiullina noted that recently, interest in the first cryptocurrency among the population has grown significantly, and this was facilitated by a sharp increase in the asset. However, this does…
Happenings in crypto world : 16th feb. 2021 🌐 **Global Digital Finance Opposes Crypto Banning For Retail Traders In Hong Kong** Industry organization Global Digital Finance has opposed the introduction of a law banning cryptocurrency trading for retail traders in Hong Kong. Global Digital Finance includes cryptocurrency exchanges BitMEX, Huobi, Coinbase and OKCoin. The group believes that if the law comes into force, it will severely restrict legal cryptocurrency trading…
Happenings in crypto world : 17th feb. 2021 🌐 **India May Introduce Double Taxation Of Cryptocurrencies Until They Are Completely Banned** Prior to the introduction of a ban on cryptocurrencies, the Indian government plans to establish an income tax and a goods and services tax (GST, analogous to VAT) on the purchase or sale of crypto assets. Local media reported that the Indian authorities intend to increase budget revenues through double taxation of digital assets. Bitcoin…
Happenings in crypto world : 18th feb. 2021 🌐 **US prosecutors accused North Korean hackers of stealing more than $ 100 million from cryptocurrency firms** The US Department of Justice has filed charges against three North Korean hackers. They are accused of numerous cybercrimes and hacking into hundreds of companies, including cryptocurrency firms. According to US prosecutors, Kim Il, Jon Chang Hyok and Park Jin Hyok were members of the General Intelligence Directorate, the…
A Brief Review of Ox Protocol. Read!!!! It is a common observation that as the world moves towards full digitization, everything that has value will be tokenized. Tokens are unique digital assets that a person can own and store in a digital wallet, and in the future, the deed to a property will be a token stored in an online wallet rather than just plain paper. We are already seeing fiat currencies and tokenized securities. For example, the US dollar is now available in…
Happenings in crypto world : 19th feb. 2021 🌐 **Chinese tea company Urban Tea will go into mining** Urban Tea, a Chinese tea trading company, will mine cryptocurrencies to diversify and expand the business. To implement the new development strategy in the cryptocurrency industry, the Urban Tea leadership brought in two industry experts. Fengdan Zhou has been appointed as the new COO of Urban Tea, who has experience in setting up and operating mining farms in Hong Kong and…
All About Cryptocurrency wallets.. Read !!!!!!! Today I will be discussing briefly on the types of cryptocurrency wallets available. Here is a template for our discussion: `Article content` `● What is a cryptocurrency wallet?` `● Types of cryptocurrency wallets` `● Mobile wallets` `● Desktop Wallets` `● Online wallet` `● Hardware Wallet` `● Paper wallet` `● Characteristics of a cryptocurrency wallet?` `● Easy to use` `● Security` `● Wallet control` `● Factors to Consider…
Happenings in crypto world : 20th feb. 2021 **🌐 Rosfinmonitoring has developed a service for tracking cryptocurrency transactions** At a meeting with Vladimir Putin, Director of Rosfinmonitoring Yuri Chikhanchin reported on the development of a service for tracking cryptocurrency transactions related to criminal activities. The system was named "Transparent blockchain" and allows you to track and analyze cryptocurrency transactions, as well as identify the participants in…
Tutorial on How to Mine Two Important Cryptocurrencies.Read!!!!!!! Mining cryptocurrency is one of the activities that currently arouse the most interest despite the fact that it is not very profitable in most countries. The main problem lies in excessive energy consumption, which in many parts of the world is an expensive service and causes the energy consumption of an RIG equipment to be excessive. The definition of mining is like an analogy to gold mining, but there…
Happenings in crypto world : 21st feb. 2021 **🌐 JPMorgan: "loss of confidence in USDT will affect BTC rate"** If investors lose faith in the stablecoin, Tether could face new risks, including a sharp drop in price, according to a report by JPMorgan Bank. According to JPMorgan analysts, the BTC market could face a major liquidity shock if traders lose faith in USDT, Tether's stablecoin widely used to fund cryptocurrency trading. “If issues arise that could affect the…
Read.cash a home for the homeless, Bch the cash for the cashless Barely a month since I joined Read.cash, I can proudly say things has never been the same anymore. Life took a new turn and my family prays for this site everyday. I can proudly affirm that read.cash is a home for the homeless, a collection of people with a large heart, a heart always willing to help one another, by tips and comments. I won't forget the numerous donations made too. At times I question myself,…
Happenings in crypto world : 23rd feb. 2021 **🌐 Janet Yellen: bitcoin is extremely inefficient and consumes too much energy** US Treasury Secretary Janet Yellen criticized bitcoin, claiming the high power consumption of miners and the lack of efficiency in transactions. Janet Yellen made a number of comments during the DealBook DC Policy Project event. She noted that it is unlikely that Bitcoin is often used specifically for financial transactions. “This is an extremely…
Happenings in Crypto World : 24th feb. 2021 🌐 **Esther Pearce: "DeFi experiments should be allowed"** SEC Commissioner Hester Peirce has again made a call for regulatory certainty in the cryptocurrency industry so that DeFi projects can boldly experiment with new services. “We need to provide regulatory certainty as well as freedom of experimentation so that DeFi can compete with the centralized financial sector in offering financial services to investors,” Pierce said…
The therapeutic Effect of Music Music cannot be undermined as studies has shown it to be beneficial in the management of some psychological conditions. Before we discuss, let's identify some terms used; **what's therapeutic?** It is gotten from the word therapy which means treatment of physical or mental illness.. **What is music?** Music on it's own simply means combination of sounds that are pleasant to the ear. **How do we hear music?** Sounds travels as vibrations which…
Happenings in Crypto World : 25th feb. 2021 🌐 **Glassnode: "crypto-whales" transferred 140,000 BTC in February "** Since the beginning of February, cryptocurrency whales have moved more than 140,000 BTC, according to analyst firm Glassnode. Glassnode analysts call “whales” bitcoin holders with reserves of more than 10,000 BTC. They have been accumulating BTC reserves for a long time, even in January, the whales added over 80,000 BTC to their wallets. However, in February,…
Happenings in crypto world : 26th feb. 2021 🌐**Court decision to ban access to 426 sites in Ukraine canceled** The decision of the Ukrainian court to close access to 426 sites, including the Bits.Media forum, has been canceled. It is believed that the complaint was filed by a former pyramid organizer. On February 25, the National Commission of Ukraine on Regulation in the Sphere of Communications and Informatization sent a notification to telecom operators, demanding that…
Craig Wright Sues Bitcoin Core and Bitcoin Cash Developers.Will this affect the progress of BCH? Craig Wright has filed a lawsuit against the developers of Bitcoin Core and Bitcoin Cash, demanding to return him access to two wallets, one of which is associated with the hacking of the MtGox exchange. Self-proclaimed "creator of Bitcoin" Craig Wright has filed a lawsuit in the High Court of London against the developers of two projects: Bitcoin Core and Bitcoin Cash through…
Happenings in Crypto World : 27th feb. 2021 🌐 **US Department of Energy has developed an algorithm for detecting cryptojacking attacks** US Department of Energy scientists have turned to the private sector for help in commercializing a "super-powerful" cryptojacking detection algorithm for data centers. The technology disclosed in a possible contract can identify with maximum accuracy illegal mining software that uses free computing power of hosts to mine cryptocurrencies.…
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