Crypto LVL

2023-04-25 15:00:04 @UnitedTeleBot

And I'm thrilled to present you the UTB 2.0 space map. Just take a snap look at the new features that come with the 2.0 update:

Web3 wallet integration
Now you can deposit and withdraw funds securely and quickly right from your browser.

P2P transfers
Moving UTBAI token to another level of liquidity.

Card Payments
You were asking for this for a long time and the UTB development team has been listening and acting.

Quest mechanics
Earn daily rewards based on your activity (such as referrals, deposits, sharing, etc.).

More currencies
New blockchain platforms will be integrated, as well as new tokens on ERC, BEP, and TRC chains.

More functionality
Personal stats, rating points, prize cards, new investment tools, and much more.

More profit
A new optimized algorithm driven by a neural network will keep the UTBAI token on its way to the top.

@UnitedTeleBot


24 hours: UTBAI +4.43%
7 days: UTBAI +18.21%
30 days: UTBAI +131.53% Open / Comment

2023-04-22 22:30:00 ​VC funding into Web3 startups down 82% year-over-year: Crunchbase.

Crunchbase noted that while it has been a bearish start for Web3 startup funding in 2023, “venture funding is down in almost every sector.”

According to data from Crunchbase, venture capital funding into Web3 startups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023.

Crunchbase News highlighted the data in an April 20 report , noting that the $1.7 billion figure for Q1 2023 also marks the lowest amount of Web3 startup funding since the $1.1 billion posted in Q4 2020 — a time in which “many people had never heard of Web3.”

In this context, Web3 startups are defined as early-stage companies working directly with crypto and/or blockchain tech.

Deal flow, or the number of total deals between VCs and Web3 startups, also saw a significant drop, with 333 deals recorded in Q1 2023 — marking a YoY decline of roughly 33%.

Additionally, the report highlights that the number of big Web3 startup funding rounds hitting nine figures almost completely dried up over the past year.

“In Q1 2022 , VC-backed startups raised 29 rounds of more than $100 million. That included massive raises of $400 million or more by ConsenSys and Polygon Technology, as well as — of course — FTX and its U.S. affiliate FTX US,” the report reads, adding:

“The most recently completed quarter saw only two rounds hit the nine-figure mark, as VCs have hit the brakes on spending big in the space.”

While the business information platform acknowledges that interest in Web3 startups has cooled of late, it also emphasizes that “venture funding is down in almost every sector.”

Crunchbase attributes much of the decline in Web3 funding to investors opting for a risk-off approach over the past few months by seeking out opportunities in “industries they know best — such as cybersecurity or SaaS, not the promise of the next iteration of the internet Web3.” Open / Comment

2023-04-19 22:30:00 ​Trezor wallet enables Bitcoin privacy feature with CoinJoin.

Trezor Model T users can now hide their transaction history and balance while purchasing, donating and making other transactions with Bitcoin.

Cryptocurrency hardware wallet firm Trezor is expanding the privacy of Bitcoin transactions through collaboration with the privacy-focused Wasabi Wallet.

Trezor has rolled out the privacy-enabling CoinJoin feature on its hardware wallets, allowing users to enhance the privacy and security of Bitcoin transactions.

In the announcement on April 19, Trezor noted that the new function is immediately live on the company’s Trezor Model T wallet. The company plans to enable the CoinJoin option for its first hardware wallet, the Model One, in the near future.

CoinJoin is a process used to anonymize Bitcoin transactions that enables users to send their BTC as part of a large collaborative transfer and obfuscate transaction history. The method was introduced by former Bitcoin core developer Gregory Maxwell in August 2013, providing an option to send BTC transactions more privately.

Trezor’s new collaboration with Wasabi enables the CoinJoin option on its wallets and allows users to hide their transactions and balances while purchasing, donating and making other transactions with Bitcoin.

In order to enable CoinJoin, users need to open a new CoinJoin account on the main Trezor menu. The selection of the new CoinJoin feature is available alongside other account types, including Segregated Witness (SegWit) and Bitcoin Taproot accounts.

To enable maximum privacy, the CoinJoin feature on Trezor also prompts users to allow the anonymous communication protocol, Tor.

“Coinjoin in Trezor is optional, and users must first send their coins to a specific CoinJoin account if they wish to use this function. If users choose not to use CoinJoin, nothing changes for them,” Trezor’s Bitcoin analyst Josef Tetek told Cointelegraph. Open / Comment

2023-04-17 16:00:06 ​Crypto Projects Start to Add ChatGPT in Tool Bar

The popularity of ChatGPT is gaining momentum. Several large crypto projects have already included it in their arsenal of tools.

One such project is Utopia P2P — a decentralized and anonymous ecosystem for secure and private internet access.

There you can find an encrypted messenger that supports ChatGPT — a FREE feature that offers 24/7 assistance to all Utopia users.

How to use:

1) Download the app from the Utopia website and start using the platform.
2) Write the ChatGPT’s name in the contact list and start communicating as a friend with ChatGPT Assistant.

ChatGPT works even when bot servers are overloaded.

Download and use your assistance right now:
https://u.is/en/download.html .

Follow Utopia P2P to know more:
Telegram | Twitter Open / Comment

2023-04-16 22:30:00 ​Arbitrum proposal to return 700M ARB fails, whale calls it a “power play”.

AIP-1.05 was defeated by 118 million votes after the proposal was introduced following the Arbitrum Foundation’s transfer of funds without community approval.

A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum’s DAO treasury was rejected by a massive number of votes on April 15. The improvement proposal called AIP-1.05 was introduced after the Arbitrum Foundation transferred funds without community approval in March.

The proposal was defeated by 118 million votes, representing 84% of the total votes received, while 21 million ARB tokens voted for the proposal, nearly 14.5% of the total. Around 2 million ARB tokens abstained. The proposal asked the foundation to return the tokens as a “symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation.”

On the governance forum, a whale with 4.8 million ARB tokens said the proposal “seems to only serve as a power play” that would add an “unnecessary step” and delay the foundation’s ability “to support the growth of the Arbitrum ecosystem.“

Another whale voting against the proposal with 18 million ARB tokens stated that balance is necessary to promote decentralization and progress in the ecosystem:

“There is a balance that we need to try to accomplish between advocating for decentralization and preventing progress in the ecosystem. I believe that decentralization on its ideal form is nowhere to be seen in this industry yet.“

Arbitrum’s community and its foundation are engaged in a dispute over the foundation’s governance proposal AIP-1, which called for an investment of nearly $1 billion worth of ARB tokens to fund its operations. After facing community backlash, the foundation later said that AIP-1 was a ratification, not a proposal. It added that some of the tokens were already sold for stablecoins. Open / Comment

2023-04-13 21:30:29 Arbitrum price is poised for a new record high in Q2

Arbitrum (ARB) has emerged as one of the best-performing cryptocurrencies after Ethereum's long-awaited Shanghai upgrade.

Notably, ARB price gained 4.28% to $1.36 on April 13, its highest level in two weeks. This also amounts to 18% gains from its $1.15 low a day ago when the Shanghai upgrade enabled staking withdrawals on Ethereum.

To recap, Arbitrum is an Ethereum layer-2 (L2) scaling solution that aims to reduce network transaction congestion and transaction fees. As a result, the market typically perceives Ethereum's growth as a boon for L2 chains. Open / Comment

2023-04-11 19:30:00 Shrapnel is the 1st moddable extraction shooter built by a unique team of BAFTA & Emmy Award-winning talent using UE5 and blockchain.

Shrapnel's Genesis Collection, The Operators, represent the 5 characters in Shrapnel's comic book series based on the video game in development. Each character has their own story told in one of the comic books currently in production. Collect each Operator to get access to the comic for that character; collect all for additional benefits

OPERATORS UTILITY

- Early access to video game
- Exclusive in-game assets
- Access to future token and NFT airdrops based on rarity level
- Access to future whitelists


Cinematic Trailer:



Check out the Discord: https://discord.gg/shrapnel

Website: https://www.shrapnel.com/ Open / Comment

2023-04-10 23:00:00 ​Crypto exchange Huobi returns to profitability in Q1 after restructuring.

After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023.

According to an April 10 tweet by Justin Sun — the de facto owner of cryptocurrency exchange Huobi Global — Huobi saw $150 million in revenue during Q1 2023 compared with $120 million in expenditures, resulting in a net income of $30 million. Sun said that “a large number of measures were taken to reduce costs and increase efficiency” during the quarter. For Q2 2023, he projected the exchange will bring $187 million in revenue and $76 million in expenses, with a net income of $110 million.

Huobi was one of the largest cryptocurrency exchanges by volume until the off-boarding of its mainland Chinese users began in 2021. Its market share subsequently fell from 19% in 2020 to an estimated 2.2% in Q4 2022. Sun, who claims to be an “adviser” at Huobi Global, reportedly purchased 100% of the exchange’s stake from its co-founders in November 2022 through his entity About Capital.

Earlier this year, Huobi Global reportedly laid off 20% of its employees and slashed employment benefits as part of restructuring efforts. A major incident occurred on March 10 when the exchange’s native token, Huobi Token, suffered a flash crash leading to a more than 90% drop in its price within hours.

The token has since recovered most of its losses; however, one major user, who goes by the Twitter handle Lantian666, claims to have lost $4 million due to margin liquidations on HT during the flash crash. Lantian666 said they have yet to receive full compensation from Huobi as a result of the incident despite claims from Sun that all users impacted by the crash would be compensated. Open / Comment

2023-04-10 22:01:00 Liquid Mining project offers one of the most profitable and deliberate referral programs!

Every user is able to earn immediate percentage from their direct referral's purchases. Moreover, by expanding the referral's trading volume, Liquid Mining customers are receiving shares in the special reward pools!

Wanna know how it works? Here is the explanation!

Start earning profits by referring your friends right now! LINK

Telegram | Twitter Open / Comment

2023-04-10 22:00:01 Join Liquid Mining's "Race For The Container" event and win amazing prizes!

Register as a Leader or Affiliate and compete to win a free Liquid Plus Rig, Liquid Plus Rack, or Liquid Plus Container worth up to 72,000 USDT.

The event is divided into Rig, Rack, and Container leagues, and you can progress up the leagues by building your referral tree and increasing your Trading Volume.

Don't worry if you don't reach the threshold value, as you'll have a second chance in the next season.

But if you fail twice, your coins will be cancelled and your equipment confiscated. Register now and join the competition today!

Click HERE to register.

Telegram | Twitter Open / Comment