Altcoin Holder

2022-11-13 17:19:21 ​​FTX liquidation team consolidates customer funds in cold storage

According to observations by Eherscan, Solscan and Bscscan network observers, suspicious activity and unconventional large transactions related to FTX wallets were detected in the morning of November 12. Almost overnight millions of dollars were withdrawn from the exchange, and some users' balances went to zero.

Warnings appeared in social networks that hackers took advantage of the convenient moment and moved assets to their wallets. Since a number of key employees, including those responsible for network security, left the exchange team amid the bankruptcy, part of the cryptocommunity interpreted the event as a successful hacking attack on FTX.

In initial comments, FTX's general counsel, Ryne Miller, said the exchange "has launched an investigation into the anomaly involving the withdrawal of funds from FTX balances." A few hours later, in a follow-up address to the community, Miller said:

"Following the Chapter 11 bankruptcy filing, we have taken precautions to move all digital assets into cold storage. The process was expedited last night to mitigate potential damage from unauthorized transactions."

Cryptocurrency exchange FTX posted a screenshot on Twitter of its announcement that it is filing for bankruptcy - the company will begin the process of verifying and monetizing assets for the benefit of all concerned. Open / Comment

2022-11-10 20:00:09 BeMine | Analytics&Announcements

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2022-11-10 12:00:14 ​​FCF Pay added support for Terra Classic (LUNC)

Payment gateway FCF Pay has added support for Terra Classic (LUNC) so people can use the token as a payment method. The development was announced yesterday by reXx, a Terra Rebels administrator and marketing representative.

With the development, LUNC joins the list of cryptocurrency assets supported by FCF Pay, including bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin, Shiba Inu (SHIB), Ripple (XRP), etc.

FCF Pay is an e-commerce payment solution that allows users to pay for goods and services using cryptocurrencies. The Canadian payment solution supports popular cryptocurrencies with huge communities. This token category includes Shiba Inu, Bone ShibaSwap and BabyDoge.

Not surprisingly, the payment provider has added Terra Classic to its supported crypto-assets. Recall that LUNC became a community-led project after the Terra ecosystem collapsed in May.

The cryptocurrency can now be used as a payment method across multiple online stores, as FCF Pay supports major e-commerce platforms such as Magento, Woo Commerce, Prestashop, Adobe Commerce, etc.

According to Coingecko, the LUNC unit is trading at $0.00022 as of this writing. The token is down 6% in the last 24 hours. Open / Comment

2022-11-08 11:42:42 ​Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day

Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists,” he explained.

Twitter’s new boss, Elon Musk, has laid off about 50% of employees at the social media company. The billionaire sent an email to all Twitter employees Thursday evening informing them whether their employment has been terminated.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” the letter states. “This action is unfortunately necessary to ensure the company’s success moving forward.”

The letter adds that by 9 a.m. PST on Friday, Nov. 4, “everyone will receive an individual email with the subject line: Your Role at Twitter … If your employment is not impacted, you will receive a notification via your Twitter email. If your employment is impacted, you will receive a notification with next steps via your personal email.” The letter continues:

To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended. If you are in an office or on your way to an office, please return home. Open / Comment

2022-11-06 21:30:00 Bictory Finance was developed to cater to the future of the DeFi ecosystem, one that is compliant, regulated, and still maintains users' privacy. And as the cryptocurrency space approaches maturity in mass adoption, they will continue to see more credible participants enter the space.

Bictory Finance's goal is to become the ideal destination that caters to such players.

Join the project's IEO on P2B: https://p2pb2b.com/token-sale/BT-455/

More info: https://bictory.io/ Open / Comment

2022-11-04 13:59:23 ​Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC

Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed with plans to launch its own digital currency. In addition to sending a team to learn from the Central Bank of Nigeria’s experiences, Zimbabwe has also reportedly sent teams with a similar mission to countries like China and Ghana.

The reported slow embrace of Nigeria’s central bank digital currency (CBDC) or the e-naira will not dissuade the Zimbabwean central bank from working on its own CBDC, Innocent Matshe, the bank’s deputy governor has reportedly said. He said that while the “jury is still out,” on CBDCs, his institution will still proceed with its digital currency launch preparations.

As previously reported by Bitcoin News, fewer than anticipated Nigerian adults have downloaded or are using the CBDC when making payments. Some reports have estimated the number of active e-naira wallet users to be around 5% of Nigeria’s adult population. Experts have tied the slow adoption of the e-naira to the digital currency’s failure to live up to the promises made prior to its launch. Open / Comment

2022-11-02 17:23:48 ​October sees lowest-ever daily trading volume for crypto products.

Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products.

As the crypto market shows signs of a gradual recovery, with Bitcoin holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month still sets a record low for an average daily aggregate product volume across all digital asset investment products.

According to the report from CryptoCompare, published on Oct. 27, the average daily trading volume of institutional crypto products had fallen 34.1% — to $61.3 million in October. Almost all the products covered in the report recorded a large decline in average daily volumes, ranging from -24.3% to -77.5%.

The downward trend in daily trading is not limited to the recent market turmoil but dates back to November 2021, with a slight exception for May 2022. This October became the second month since September 2020 in which average daily volumes have fallen under $100 million. Open / Comment

2022-10-30 22:00:05 ​​October sees lowest-ever daily trading volume for crypto products.

Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products.

As the crypto market shows signs of a gradual recovery, with Bitcoin holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month still sets a record low for an average daily aggregate product volume across all digital asset investment products.

According to the report from CryptoCompare, published on Oct. 27, the average daily trading volume of institutional crypto products had fallen 34.1% — to $61.3 million in October. Almost all the products covered in the report recorded a large decline in average daily volumes, ranging from -24.3% to -77.5%.

The downward trend in daily trading is not limited to the recent market turmoil but dates back to November 2021, with a slight exception for May 2022. This October became the second month since September 2020 in which average daily volumes have fallen under $100 million.

However, the report traces some optimistic developments in other market markers. The total Assets under Management (AUM) across all digital asset investment products rose 1.76% to $22.9 billion compared with September. This was the first increase in AUM since July.

AUM in trust products, which accounts for 77.3% of the market, rose 2.34% to $17.7 billion in October, while AUM represented by ETFs fell 1.59% to $2.21 billion.

Another important marker is net flows. This October, weekly net flows for Bitcoin-based products recorded inflows averaging $8.37 million in October, and short Bitcoin-based products recorded the largest outflows, averaging $5.03 million. The situation is a lot worse for Ethereum products, which recorded the second-largest negative net flows of $2.87 million.

At the same time, Ethereum blockchain's native token Ether recorded better gains than BTC by Oct. 26, jumping approximately 14% to reach its weekly high of $1,554. By press time, the price of ETH stands at $1,508. Open / Comment

2022-10-28 09:55:34 Have you heard of Kingaru?


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Follow them on Twitter: https://twitter.com/kingaruofficial
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2022-10-27 16:18:57 @BestarzIo is a NFT play-to-earn fantasy football platform based on real world results!

STARZ is a BEP-20 governance token in the BESTARZ universe. The presale is live

Half of the soft cap has been filled in just two days

Fair pre-sale: 60,000,000 $STZ
Pre-sale soft top: 250 BNB

IDO date: October 23-30

#Binance listing coming...

Tg: t.me/bestarzio

PreSale on pinksale: http://www.pinksale.finance/launchpad/0xFB4C66d1907Af054dc57fa01C236d07ce433E92d?chain=BSC Open / Comment