H3RO3S Announcements

2023-02-22 12:00:38 H3RO3S TV is here with the latest news

Founders of the Friendsies (fRiENDSiES) NFT collection have pulled the rug on the project. The rug pull, which was announced on the project’s official Twitter account earlier today, comes less than a year after the Ethereum-based collection raised a whopping $5 million at an auction hosted by popular auction house Christie’s on OpenSea. 

In a now-deleted Twitter thread, the founders of Friendsies blamed the volatility and challenges of the crypto market for their decision to pull the rug. They claimed that the current market conditions prevented them from developing the project in a way that they could be “proud of”. 

Source : Ethereum World News

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2023-02-20 13:33:56 H3RO3S Academy welcomes you to this week’s Merit Monday

Basically speaking, a token burn event happens in the following order:

1. A cryptocurrency holder will call the burn function, stating that they want to burn a nominated amount of coins.

2. The smart contract will then verify that the person has the coins in their wallet and that the number of coins stated is valid. The burning mechanism only allows positive numbers.

3. If the person doesn’t have enough coins, or if the stated number is invalid (e.g., 0 or -5), the burn function won’t be executed.

4. If they do have enough, then the coins will be subtracted from that wallet. The total supply of that coin will then be updated, meaning that the coins were permanently burned.

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2023-02-19 11:24:00 H3RO3S is pleased to review this week again and to give you an overview of all events and announcements

Weekly Report ( 12th February 2023 to 18th February 2023)

H3RO3S Academy Merit Monday

H3RO3S TV

H3RO3S Academy Fact Friday

H3RO3S TV

H3RO3S is the World’s first ever Real Life Play 2 Earn!

Stay tuned for an exciting week

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2023-02-18 15:48:20 H3RO3S TV is back with the latest market update

Investors reacted positively to the 5.6% year-on-year U.S. Consumer Price Index inflation increase on Feb 14 and the 3% retail sales monthly growth on Feb 15.

Bitcoin BTC $25,000 had the biggest positive impact on the total crypto capitalization as its price gained 12.5% on the week.

One area of concern is a Feb 16 story on Binance.US financial transactions to Merit Peak, a trading firm managed by CEO Changpeng Zhao. Interestingly, Reuters reported that a Binance.US spokesperson said Merit Peak was “neither trading nor providing any kind of services on the Binance.US platform.”

The 10.1% weekly increase in total market capitalization was held back by the modest 1.8% gains from BNB

On the other hand, only three out of the top 80 cryptocurrencies finished the week with negative performances.

Source : Coin Telegraph

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2023-02-17 17:27:18 H3RO3S Academy welcomes you back to Fantastic Fact Friday

Greed in the market is the opposite situation to Fear Index If investors and traders are greedy, there's a possibility for overvaluation and a bubble.

Imagine a situation where FOMO (fear of missing out) causes investors to pump the markets, overvaluing Bitcoin’s price.

In other words, the increased greed may lead to excess demand, artificially inflating the price.

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2023-02-15 14:41:22 H3RO3S TV showcases the latest News for this week

South Korean securities firms and token issuers now have some clarity on how security tokens are defined under new guidance published Monday.

South Korea's Financial Services Commission has defined security tokens as tokens that are digitized using distributed ledger technology, thus bringing the country in line with other jurisdictions in the wider Asia region.

Under this guidance, the onus will first fall on firms to regulate themselves.

“South Korea's approach of tying the scope of security token offerings back to the definition of securities is broadly aligned with other regulators such as Singapore and Hong Kong,” said Angela Ang, senior policy adviser at blockchain intelligence firm TRM Labs and a former regulator at the Monetary Authority of Singapore.

Source: Coindesk.com

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2023-02-13 13:43:55 H3RO3S Academy presents Marvellous Merit Monday

Coin burning is the process of permanently removing cryptocurrencies from circulation, reducing the total supply.

To explain how this works, we will be using BNB Coin (the old BNB ERC-20) as an example. The previous contract for BNB, while it was on the Ethereum network, can be found

When the BNB Coin was still part of the Ethereum network, Binance performed periodic Coin Burn events using a smart contract function known as burn function.

The BNB burning events are scheduled to occur every quarter until 100,000,000 BNB are finally destroyed, which represents 50% of the total BNB ever issued (200,000,000 BNB).

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2023-02-12 20:42:21 H3RO3S is pleased to review this week again and to give you an overview of all events and announcements

Weekly Report ( 5th February 2023 to 11th February 2023)

H3RO3S Academy Merit Monday

H3RO3S TV

H3RO3S Academy Fact Friday

H3RO3S is the World’s first ever Real Life Play 2 Earn!

Stay tuned for an exciting week

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2023-02-10 13:47:45 H3RO3S Academy presents Fantastic Fact Friday

The Crypto Fear Index analysis a basket of different trends and market indicators to determine whether the market participants are feeling greedy or fearful.

A score of 0 indicates extreme fear, while 100 suggests extreme greed. A score of 50 shows the market is somewhat neutral.

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2023-02-08 19:02:15 H3RO3S TV is back with the hottest News

More than half of the stablecoin Tether (USDT) is now held on the Tron blockchain.

According to recent data from DeFi Llama,  more than 50% of USDT’s supply is held in the Tron network, while less than 40% is on the Ethereum blockchain. 

According to Patrick Scott, founder of Dynamo DeFi, the growing demand for USDT on Tron is driven by its common use in many countries where USD is tough to access.
Another user on Twitter noted that the practice is especially common in China.
The shift towards using Tron instead of Ethereum may also be associated with Ethereum’s transaction gas fees. Although gas prices haven’t risen significantly since April, Ethereum transactions are still more expensive than Tron’s.
Many exchanges offer USDT withdrawals as a TRC-20 token for a considerably lower fee. Up until recently, Gate.io offered free USDT withdrawals via the Tron network.

Source : Crypto.News


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