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DeFi Telegraph (eng) ( ICO reviews)

Logo of telegram channel defi_telegraph_eng — DeFi Telegraph (eng) ( ICO reviews) D
Logo of telegram channel defi_telegraph_eng — DeFi Telegraph (eng) ( ICO reviews)
Channel address: @defi_telegraph_eng
Categories: Cryptocurrencies , DeFi
Language: English
Subscribers: 1.27K
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The current channel will present the author's high-quality ICOs reviews which we joined and which are scam-free.
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The latest Messages

2022-02-24 13:11:01
Coinbase Wallet expanded support for Ledger hardware wallet

Cryptocurrency wallet Coinbase Wallet, owned by well-known cryhttps://miro.medium.com/max/1400/0*TF-3THDGIwoNKgLDptocurrency exchange Coinbase, has rolled out support for browser extensions for Ledger hardware wallets. The Coinbase Wallet extension, available from the Chrome Web Store, is a non-custodial wallet that allows users to store and transact cryptocurrencies and non-transferable tokens (NFTs).

By adding Ledger support, Coinbase users can use a physical Ledger device to store private keys to their wallets offline.

"We want to give everyone the ability to use DApps and access WebZ, and to do that we need to create the easiest-to-use and most affordable self-storage wallet in the ecosystem. Today's release solves ... the security problem."
4.9K views10:11
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2022-02-23 18:19:00
Forbes accuses former TenX CEO of hacking The DAO

Forbes journalist Laura Sheen investigated the 2016 hack of The DAO project. According to her, Austrian programmer Toby Henisch was behind the $60 million theft.

According to the article, Laura Sheen brought in specialists from the analytics company Chainalysis. They analyzed the transactions related to the hacking of The DAO project and linked them to the wallets belonging to former TenX project CEO Toby Henisch.

According to Chainalysis, the hacker who hacked The DAO sent 50 BTC to his Wasabi Wallet and conducted a mixing operation to conceal the source of the funds. He then transferred the bitcoins to four cryptocurrency exchanges. An employee of one of these exchanges said that the funds from the wallet were exchanged for Grin, an anonymous cryptocurrency.

This IP address, which also hosts Lightning Network nodes, belongs to the TenX project.
4.8K views15:19
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2022-02-23 16:35:16
Top 10 DeFi tokens tracked by new product

Swiss fund manager Compass Financial Technologies has launched an index for 10 DeFi tokens called the Compass Crypto Basket Fundamental DeFi Index.

CCBFDEFI was launched on Feb. 22 and provides institutional availability for a group of 10 DeFi tokens that are individually weighted based on "liquidity, market capitalization and protocol revenue metrics" and online data.

The maximum weighting for any given token is capped at 35%, and the asset group is selected each month. The firm has listed more than 20 approved tokens that can be used as index components each month, such as UniSwap (UNI), Compound (COMP), Aave (AAVE) and SushiSwap (SUSHI).

"Incorporating fundamentals into index creation gives investors the opportunity to place funds in the best performing DeFi tokens based on sound economic performance."
4.9K views13:35
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2022-02-23 14:52:01
FriesDAO is buying up fast-food franchises

FriesDAO wants to democratize access to the fast-food industry. FriesDAO consultants Brett Beller and Bill Lee talked about their mission to be "part of something that connects cryptocurrency and virtual property with real assets."

FriesDAO aims to acquire and scale fast-food restaurant franchises such as Popeye's, Burger King and Taco Bell by inviting FRIES token owners to operate a decentralized fast-food restaurant chain or QSR. Starting with Subway franchise owners, the FriesDAO team hopes to guide its partners in the blockchain space. What "started out as a joke" turned into a serious proposition when they realized that "there was an opportunity for people who were willing to run DAO more like a business."

At the time of publication, DAO had raised $5.4 million, according to its website, which already exceeds their minimum goal of $5 million.
4.6K views11:52
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2022-02-23 12:39:01
DAO to buy the Denver Broncos

Members of a new DAO have initiated a fundraiser to buy the Denver Broncos, a National Football League team in the United States. They expect to buy it for $4 billion.

BuyTheBroncos DAO aims to give fans a chance to be a part of the team regardless of their level of wealth.

"Essentially, the goal is to create an infrastructure for fans from all walks of life to be able to own the Denver Broncos."

If successful, the Broncos would join the Green Bay Packers among the NFL's fan-owned teams. Fans wishing to purchase a stake in the Broncos through the DAO can contribute as much as they want, as opposed to $300 per share for the Packers.

DAO members who contribute Ethereum (ETH) to buy a team will receive an NFT, which, according to BuyTheBroncos.com, "will serve as your 'membership card,' which will give you access to the co-op."
4.3K views09:39
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2022-02-20 21:02:01
J.P. Morgan Creates Blockchain Resistant to Quantum Computer Hacking Threat

J.P. Morgan Chase announced the start of work on creating a blockchain that is resistant to cyberattacks using quantum computers.

To improve the network's security, it will implement a quantum key distribution (QKD) method for encrypting information.

The blockchain has a data transfer rate of up to 800 gigabits per second, and it supports up to 258 communication channels with the AES-256 symmetric blockchain encryption algorithm. The key to decrypt messages changes every second.

"We are gearing up to release quality quantum computers that will change the perception of the level of security of blockchain technology and cryptocurrencies for the foreseeable future.

We are proud to be at the forefront of putting QKD technology into practice," said Marco Pistoia, head of the FLARE research group at J.P. Morgan Chase.
4.5K views18:02
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2022-02-20 19:19:00
U.S. Fed Recognizes USDC and USDT Stablecoins

Federal Reserve Governor Lael Brainard, appointed by President Biden to serve as vice chair for oversight at the Fed, issued a warning Friday about the rapid rise of stablcoins. Before the 2022 U.S. Monetary Policy Forum, Brainard predicted:

"If current trends continue, only one or two issuers may dominate the stablcoin market in the future."

Brainard described a "crypto-financial ecosystem" - particularly decentralized finance (DeFi) - as responsible for driving demand for stablecoins, which has led to rapid growth. Brainard also warned that the prominence of crypto advertising shown at the Super Bowl should be a signal of the increased exposure of Stablecoin to retail investors.
4.5K views16:19
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2022-02-20 17:38:00
More than 30 OpenSea users lost ETH and NFT due to phishing attack

NFT trading platform OpenSea reported that a hacker allegedly stole $1.7 million worth ohttps://allcryptoguide.com/wp-content/uploads/2022/02/Nearly-2-Million-In-ETH-Stolen-From-OpenSea-Users-In-Latest-Phishing-Attack-1024x597.jpgf ether and NFT amid NFT's migration to a new smart contract.

The OpenSea Marketplace said Feb. 19 that it was investigating a series of Twitter posts posted by concerned platform users about an exploit against smart contracts on the OpenSea platform.

"We are actively investigating rumors of an exploit related to OpenSea smart contracts. It appears to be a phishing attack initiated outside of OpenSea. Do not click on a link outside of opensea.io."

The phishing attack on the site was triggered by the OpenSea initiative, which launched a smart contract on Feb. 18 designed to migrate users' tokens to the new contract and gradually remove inactive users on the platform.
4.4K views14:38
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2022-02-19 20:45:00
Ethereum will be worth $7,609 in 2022

Ethereum could peak at $7,609 in 2022, according to the latest Finder.com survey of an expert panel of 33 industry experts. That would be a 102% increase in ETH from the levels of the beginning of the year. However, according to the average forecast, the coin will end 2022 around $6,500.

Experts in the fintech, cryptocurrency and NFT segments took part in the survey. For example, Fred Shebesta, founder of Finder, expects ETH to rise to $7,000 and then fall to $6,000 by the end of 2022 amid high competition from other cryptocurrencies. As he explains, despite Ethereum's widespread global popularity and strong developer base, the network is still in a highly competitive environment, which is not at all typical of bitcoin.

Paul Levy of the University of Brighton believes that ETH could reach $9,000 and end this year around $8,000.
4.6K views17:45
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2022-02-19 18:53:00
OpenSea will delist inactive NFTs on Ethereum

All users of the popular NFT platform OpenSea will need to migrate their existing NFT lists to the new smart

OpenSea, one of the most popular markets for non-transferable tokens (NFTs), has released an update to its smart contract to delist inactive NFTs.

All users of OpenSea's popular NFT platform will need to migrate their existing NFTs to the new smart contract (currently hosted on the Ethereum blockchain) due to the update.

OpenSea issued a statement saying that NFTs issued before Feb. 18 will automatically disappear within a week by Feb. 25:

"This new update will ensure that old inactive lists on Ethereum expire safely and allow us to offer new security features in the future."
4.7K views15:53
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