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2024-05-05

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Bitcoin mining profitability, unlike during its initial stages, is now unstable. In addition, many countries, such as China, have made mining illegal. Therefore, it is necessary to check several aspects of mining before deciding to venture into the mining world. The so called “wealthy elite or major 🤨 Bankers” couldn’t give two shits about this coin right now. Nothing I repeat NOTHING is being manipulated. Oh and if you dare name some names and give a source or two. Untill then stop this false narrative. https://t.co/uwWQy4SKPe— AA (@blaaanco945) October 9, 2023 cryptocurrency mining hardwareYou might also like: Okhandiar is also alleged to have removed the plaintiffs from a multi-signature wallet controlling Remilia’s treasury. The suit claims he drained the wallet of an additional $1.7 million.

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[We’ve] still got to see ETH go home, my friends, and it hasn’t happened yet. So, I think that it will. And again, you can see on these lower time frames, at least over the last year and a little over a year, that it’s trying to hold those levels. But again, at some point, it likely breaks, and when it does, that’s likely when Ethereum starts to head home.” The Aavegotchi platform is governed by a decentralized autonomous organization (DAO), making it a community consensus-driven platform. Best Bitcoin (BTC) Wallets of 2023-Where to Store Your BTCLucky Star Currency is a project that focuses on NFTs and claims to be founded by astrologists. Its contracts include an Award Center and an NFT Marketplace. It is marketed toward the Chinese crypto investment market. The team promotes the project on X (formerly Twitter) under the username AstrAstrol75591. It also has a Telegram channel. As of Oct. 9, the project’s website and user interface are offline.Before the alleged rug, Lucky Star Currency was heavily promoted on the Chinese news app Toutiao and Q&A platform Zhihu.At approximately 02:52 a.m. UTC, BNB Smart Chain address 0x9Ef72Ee68a7c841986A0C60e0FDbAE4e27446Deb removed over 1.6 million LSC from the AwardCenter contract for Lucky Star Currency. In a second transaction, an additional 1.4 million LSC was drained from the project’s NFTMerge contract. After draining the funds, the attacker swapped them for over $1 million in BUSD via PancakeSwap and then sent them to the account 0x23f8c805306Bf27AB8bf3cEbEce4B778acfFd896. This account has been receiving BUSD from various sources for the past 82 days, implying that there may be more than one scam depositing funds into it.According to CertiK, the contracts that were drained have been listed on Telegram as the project’s official contracts.Admin Telegram post stating the official addresses for LSC contracts ‘NFTMerge’ and ‘AwardCenter.’ Source: CertiKIn addition, blockchain data shows that the attacking account is the deployer for the AwardCenter contract.Related: Chinese DeFi protocol WDZD Swap exploited for $1.1M: CertiKThe company that promoted the project claimed to have an office in Shenzhen City, China.Lucky Star Currency’s office in Shenzhen, China. Source: CertiK, TelegramRug pulls from Chinese projects have become a recurring problem in the Web3 space. Running a centralized cryptocurrency exchange is illegal in the country. Because of this, users who deposit into a Chinese protocol that has centralized elements may risk having their funds confiscated by the police.Over $100 million was lost in July when the China-based Multichain protocol drained all of its users’ funds into an attacker’s account. The team alleges that police have arrested their CEO, but victims are still searching for answers as to what happened to their funds and how they can be reimbursed.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in other news, learn why Neal Stephenson’s metaverse blockchain project remains optimistic despite waning interest.NFT artist raises $140,000 for cancer support charityNFT artist Trevor Jones donated almost $140,000 to Maggie’s Edinburgh — an organization dedicated to cancer treatments — after raising funds from a Web3 event in France. The amount raised from the event will help 4,000 patients affected by cancer and those who need critical support. According to Maggie’s Edinburgh, the funds raised by Jones will be the highest single donation from an art event in the organization’s history. The money collected will support services for cancer patients and their families.Continue readingPayPal applies for NFT marketplace patent for on- or off-chain asset tradingPayment platform PayPal filed a patent application for an NFT transfer and purchase system. The patent application was filed at the United States Patent and Trademark Office in March and was made available publicly in September. The patent described a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based in the network. Continue readingThe metaverse is real: Zuck’s “incredible” photorealistic tech wows Crypto TwitterAs critics continue to declare the metaverse dead, Meta CEO Mark Zuckerberg showcased the company’s developments in the space in a podcast using photorealistic avatars in the metaverse. Using Meta’s Quest 3 headsets and noise-canceling headphones, Zuckerberg and podcast host Lex Fridman engaged in an hour-long interview using metaverse avatars. The improvements got the attention of Crypto Twitter, with some comparing previous iterations of Zuckerberg’s metaverse with the present one, saying the “metaverse has upgraded.”Continue readingNeal Stephenson’s blockchain project holds discovery month as metaverse hype wanesMetaverse blockchain project Lamina1 is holding an event called the Open Metaverse Discovery Month to let builders and creators experience the metaverse. The company believes that despite the lower interest in the metaverse, the concept will live as long as people are willing to spend time and money on it. According to Lamina1 CEO Rebecca Barkin, the project was able to attract 50,000 builders despite the crypto winter and people writing eulogies for the metaverse. The executive remains optimistic that its founder, Neal Stephenson’s vision of the metaverse will challenge corporate greed and give more autonomy to creators. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.DAOs can help scientists find funding and community, says Nature science journal

Crew Owner: These are the pillars that forge tight-knit drifting communities, fostering camaraderie among pack members. What investors should expect regarding XRP in 2024? Buy Ethereum|How to buy ETH?*This is not investment advice.Archax Introduces Crypto/ MMF Trading Pairs Perhaps one of the most significant factors contributing to the Netherlands’ rise as a crypto casino and crypto hub is the legal status of cryptocurrencies in the country. Unlike some nations that have taken a more restrictive stance on digital assets, the Netherlands has chosen to embrace cryptocurrencies fully. There are currently no regulations that explicitly prohibit the use or trading of crypto assets in the country. This legal clarity has encouraged crypto startups and established players to establish a presence in the Dutch market, driving innovation and investment in the sector.

Moreover, the uniqueness of NFTs adds another dimension to gaming. Each NFT is different and cannot be replaced; they add scarcity and value to in-game assets. With more games incorporating NFTs, the role of NFTs in crypto gaming is expected to grow further. Kraken received an EU e-money institution license from the Central Bank of Ireland in late September. It also received Virtual Asset Service Provider (VASP) registration from the Bank of Spain. Whats the Best Cryptocurrency to Invest in Now 6 ContendersJudge Denies SEC's Appeal: US Judge Analisa Torres rejected the SEC's appeal, upholding a July ruling that favored Ripple. This ruling stated that Ripple's XRP sales from years ago did not constitute an offer of investment contracts. Your target customer

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