Cryptosya

As the countdown for Tron’s (TRX) mainnet launch continues, founder Justin Sun wrote a letter to the Tron (TRX) community.

Sun wrote on Tron’s official Medium page in a letter published on Tron’s official Medium page. stated that its path was determined to be one of the 6 largest cryptocurrencies:

“Expectations for the future are even higher. Our next goal is to become one of the 6 largest cryptocurrencies in the world. During Tron’s amazing sprint, we reached 6th place on January 5th. In 2018, we will reclaim and retain that title, marking Tron’s global status as the mainstream public blockchain and laying a solid foundation for competing with Ethereum.”

Sun He also talked about the latest situation in the network. He said that the platform has undergone rigorous testing and performed high-volume simulations with BEB algorithms.

→ PRAISE FROM NASDAQ’S CEO TO CRYPTO AND BLOCKCHAIN

Most of the news about

Ripple last month was negative. The company’s XRP token needed a boost as it had dropped by 65% while on a massive rise. Ripple announced this week that it will form two new partnerships for the xRapid pilot project.

According to reports, a telecommunications company and an international payments specialist have announced that Ripple has a high degree of investment as part of its money transfer operations. which will use price variability. The company will sign agreements with IDT Corp, a New Jersey-based telecommunications provider, and MercuryFX, which offers foreign exchange rates.

XRapid Project

Ripple has launched a project called xRapid that facilitates global money transfers using XRP as a currency medium. As the money remittance market grows, the need for instant, low-cost and transparent transfers also increases.. According to the company blog, global remittances involving high-income countries are estimated to be $596 billion in 2017.

With Ripple, xRapid, and XRP, financial institutions use expensive money brokers or pre-funded Nostro accounts.

New Partners

The addition of new partners that will actively use XRapid and XRP is a big deal for Ripple, which needs to stay away from the concept of cryptocurrencies that are used only for prediction purposes. it is important. MercuryFX, the leading global currency exchange provider, wants to develop a more efficient and transparent customer service that works in real time. MercuryFX CEO and founder Alastair Constance said:

“We are combining Ripple, XRP and fiat currency. What we are working with is to realize one of the best use cases for seamless transactions based on international agreement.. xRapid allows us to lower the cost of currency trading and global settlement, make our clients more competitive and save tens of millions of dollars each year. Digital assets promise fast transactions, but XRP is much faster than all of them, including Bitcoin.. It will reduce deal times between hours and days to just three seconds or less, removing billions of dollars in unnecessary brokerage fees”.

Telecommunications company IDT also wants its customers to be able to send low-cost global payments. Alfredo O’Hagan, senior vice president of consumer payments business at IDT, informed:

“Our BOSS Revolution international money transfer company is responsible for our payment charges as part of the transaction process. routinely uses digital assets to provide liquidity to fiat currencies. Excited to try Ripple’s xRapid solution for on-demand liquidity. We hope that XRapid will enable us to solve more transactions in real time and at lower cost”.

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What is WGC coin? Known as World Gold Coin. It is actually the token of the Green Climate project.. Therefore, information about its sale is available on the Green Climate website.. At its core, it aims to protect and improve the world.. WGC token is one of the most popular cryptocurrencies of recent days.

What are the newly released coins? 2021 Binance new entrants!

What is WGC coin?

World Gold Coin aims to improve life on our planet. The core of the project is WGC Token. WGC token is a blockchain-based cryptocurrency as well as a ledger. All logs are securely located on the blockchain. And any monitoring is possible by anyone.

Blockchain technology provides clean and efficient storage for all climate data to be safe and sustainable.. WGC token coin distribution is as follows;

70% Distribution

10% Tree Planting

10% Reward – Airdrop

5% Founders and Team

5% Advisors

How to get WGC coin

On BEP-20 network is located. Total number of supplies is 1000000000. WGC coin can be received after the wallet definition is made on Pancakeswap.. On the other hand, it is listed on the coinmarketcup platform.

The contract address is as follows;

0x1e4ffa373d94c95717fb83ec026b2e0e2f443bb0

There are currently more than 1000 holders. Due to the confidence of the project, this number is expected to increase in the coming days.. In addition, a number of prizes are given to users with various sweepstakes.

What is pancakeswap?

De-Fi, that is, decentralized transactions are allowed. It is one of the largest brokerage platforms in the issuing market.. Although it was established after most of its competitors, it has reached the top in the number of transactions.

It is one of the biggest players in the market, especially with UniSwap.. pancakeswap is preferred because it is easy and reliable in many crypto currency trading transactions.. However, many questions are still being investigated about. If you want to get detailed information about Pancakeswap, you can get a lot of info by clicking this link.

After Elon Musk’s statements about Bitcoin, a statement came from Peter Schiff. Details are in our news

A Bitcoin statement came from Peter Schiff!

After Elon Musk, another Bitcoin critique was made by the American millionaire and Euro Pacific Capital. It came from its CEO, Peter Schiff.

The famous millionaire stated in his tweet that Bitcoin is a gamble. Referring to Tesla CEO Elon Musk’s tweets about Bitcoin since last week, Schiff said that Musk’s tweet had an impact on the Bitcoin price, and that a statement being so effective on bitcoin puts him at risk and how Bitcoin can be a safe haven.

“ A tweet can have so much impact on the price of Bitcoin, how can anyone seriously think it’s money? How can Bitcoin be a safe haven if a one-word tweet puts it at risk? By now, it should have been understood that buying Bitcoin is not investing, but gambling.”

See: Bitcoin news and breaking news

Bitcoin supporters under Peter Schiff’s post Lots of comments were made. Twitter users pointed out that the decline in the value of BTC occurred as the currency regularly corrected itself in the market. He added that Elon Musk had nothing to do with it.

Bitcoin is momentarily trading at just over $45,000 with 8% daily depreciation of 22% weekly.

The famous American businessman Elon Musk continues to affect the Bitcoin price with tweets. Finally, he responded to a tweet by a twitter user, implying that Tesla will sell Bitcoins in his portfolio, saying “really”.

Source

As we announced today, the parent company of the world’s largest stock exchange NYSE is creating an online trading platform for institutional investors to buy and hold Bitcoin.

NYSE’s parent company Intercontinental Exchange (ICE) reported that they plan to offer traders a swap contract that will allow their customers to receive Bitcoin the next day.. This type of contract creates more sources of legitimacy for cryptocurrencies. Because trading takes place under the supervision and regulation of the U.S. Commodity Futures Trading Commission (CFTC).. This is projected to create greater trust in Bitcoin, thus bringing in more money flow.

Broadly speaking, this move means greater acceptance on Wall Street, according to the news in Fortune. and thus revealing that some financial powerhouses are demanding access to Bitcoin, a digital currency with which they have been separated for years. Cameron Winklevoss told CNBC that Bitcoin is a multi-trillion dollar asset.

Wall Street is moving faster than expected

Wall Street will take an active role in the cryptocurrency market in 2018 was predicted, but developments began to develop one after another and faster than expected. A few days before the news that the NYSE is developing a Bitcoin exchange, Goldman Sachs announced its plans to open a Bitcoin trading operation.. Nasdaq, on the other hand, recently stated that it will consider becoming a crypto exchange in time.

→ ‘BITCOIN IS PREPARING FOR A RALLY TO BE HELD NEXT WEEK’

Godfall, one of the most loved action games, is finally coming to PS4. Finally, the sleeves have been rolled up for the game, which is still in high demand by users who have not switched to PS5. It has been announced that Godfall will be coming to PS4 in a short time. On the other hand, it has been announced that Godfall, which was released in November 2020, will come to the PS4 platform on August 10. The development, announced by publisher Gearbox at its E3 2021 event, stated that the game will come with a free PS5 upgrade and cross-gen play feature.

Godfall counting the days for PS4

Generations Playing between will allow PS4 and PS5 players to come together as a team no matter what console they’re playing on. On the other hand, Counterplay Games, the studio behind Godfall, said that the game’s first expansion, Fire and Darkness, will also be released on August 10.

A number of new bosses will be included in the expansion. and new items will be waiting. In addition, the studio also announced that they have added matchmaking helper to help with Ascended Tower of Trials challenges.

In addition, the studio is also releasing a free content titled The Lightbringer update. This update will include a new endgame loot called Lightbringer. It was also stated that the game will be even more difficult than previous Primal Gear loot. In addition, the Lightbringer update will also include a huge library of new cosmetic packs that can be obtained by completing the challenges in the game.

It was previously said that Godfall will make its way to the Xbox Series X due to its PS5 exclusivity deal. However, it was announced in May 2021 that it will be released to PS4 instead of this development.

A recent study trying to arrive at the solution of 43 Blockchain puzzles applied in the international development sector showed zero percent success. It has also been found that blockchain vendors are not responding to requests for proof of the results of the puzzles.

Blockchain Has Much More to Prove

A team from the US Agency for International Development has demonstrated that industry-wide distributed ledger technology ( DLT) reviewed 43 apps. Various DLT projects covered different tasks, and users included nonprofits, entrepreneurs, and some government agencies.

However, the team found nothing about success in the project, they didn’t even understand anything:

“Press releases, official articles, and persuasively written articles appeared. But no documentation or proof of the results achieved by the so-called blockchain was found.”

When the team conducting the study reached out to several blockchain vendors, they were met with cold silence.. None responded to requests to share data on program results or the MERL (monitoring, evaluation, research, learning) process.

“Exciting how blockchain will bring transparency to processes and transactions in insecure environments. And the industry itself is opaque.”

While vendors are enthusiastic about the value blockchain will add to the process, many customers don’t even know what kind of questions to ask when conducting compliance assessments.

Everyone Critic

Critics argue that vendors exaggerate the benefits of blockchain and oversell it, with a simple database underlying the technology with scalability issues. Its greater adoption than other forms of data collection can be attributed to vendors’ belief in their demands.

While the results in international development are unproven, that doesn’t mean blockchain has no value.. The level of interest in other sectors is unmatched, according to the latest findings, investment grew by 316% in 2018. However, aid programs’ budgets may hamper a comprehensive assessment of distributed ledger technology.. Moreover, companies that spend millions of dollars on R&D still have not achieved useful results and products.

For example, oil giants BP and Shell are using a blockchain solution for crude oil trading.. Of course, it remains to be seen if this experiment comes to fruition.

Still, many people seem unduly excited about the benefits for personal gain.. The benefits of blockchain are very suitable for “to get overly excited.”

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The legendary investor and CEO of Berkshire Hathaway, Warren Buffett, has been sending strong messages to longtime investors that they are going to lose massive amounts of money in Bitcoin. For example, ‘rat poison’ was a phrase he used to describe Bitcoin recently.

Buffett’s words were enough to reduce Bitcoin’s rally, which started towards $10,000, to $9,000.. Other major cryptocurrencies have followed suit as well.

Warren Buffett is a difficult name to argue with, but some crypto experts speaking to Forbes think he is wrong about his Bitcoin assessment.. Darren Marble, CEO of CrowdfundX, is one of them.. “While Warren Buffett makes the right calls for many investments, he is wrong with Bitcoin because he is completely uninformed about this technology.. How can someone who doesn’t use email appreciate Bitcoin? They can’t.”

Marble also drew attention to Bitcoin’s strong performance against Berkshire Hathaway in the last 3 years and said:

“If you invested in Berkshire Hathaway stock three years ago If you were, you would have a profit of 30 percent.. If you had invested in Bitcoin three years ago, you would have made a 100x return.”

And he made a clear prediction:

“Years later, when the dust clears, Bitcoin will be the success of its career. It will be his biggest miss.”

Sagewise chief technology officer Daniel Rice said, “Buffett and I disagree on the view that Bitcoin is a zero-sum game.. Bitcoin behaves differently from more traditional investments, but that’s not a negative for us. Traditional investors often forget that Bitcoin is actually a technology infrastructure.” Daniel Worsley, COO of LocalCoinSwap, said: “Bitcoin has brought a lot of innovation in the last few years.. Revolutionary Blockchain technologies showed alternatives to many industries and assets. Money, insurance, contracts, computing power and even voting are now more fair and efficient thanks to Bitcoin and Blockchain. Warren Buffett used to say ‘Invest in what you know’. This is advice you should definitely follow!”

→ TRUMP’S FORMER ECONOMIC ADVISOR: WE WILL HAVE A GLOBAL CRYPTO IN THE FUTURE

Bitcoin, Litecoin, Ethereum and Bitcoin Cash are the only cryptocurrencies Bobby Lee trusts.

BTCC founder and CEO Bobby Lee at London Blockchain Week Business In an interview with Insider, he expressed concern about the risks associated with alternative cryptocurrencies. He specifically mentioned that he does not trust alternative cryptocurrencies provided by companies ICOs and will not invest in any of them.

Bobby Lee said the following in an interview with Business Insider:

Unfortunately I’m too old-fashioned. I stay away from alternative cryptocurrencies and ICOs. they are very dangerous. It doesn’t make sense to invest in these guys. Maybe I’ll change my mind next month, I don’t know.”

The ICO exploded in mid-2017 and has since become the preferred fundraising method for blockchain firms.. Companies have amassed a total of $4 billion through ICOs to date.

According to Coinmarketcap.com, there are 1491 cryptocurrencies on the market today. There is money and that number will rise rapidly with ICOs coming soon.

However, since this method of fundraising is not regulated at all, everyone is considering investing in an ICO, except for some regions.. This often results in underfunded business plans making millions and then failing to deliver on any of their promises.

An example of this is Tezos, one of the largest ICOs. earned $232 million. However, due to the disagreement between its founders and other managers, the project is now destroyed and investors are unable to even pay back according to predefined conditions.. A class action lawsuit has been filed against the founders of Tezos in multiple courts across the United States.

As Mr. Lee said:

“I only have Bitcoin, Litecoin, Ethereum, and Bitcoin I recognize and approve of Cash. I don’t invest in anything other than these cryptocurrencies, and I wouldn’t recommend investing in anyone else.”

Taking over numerous scams using ICOs, Bobby Lee shared his thoughts:

“Unfortunately, there will be more of them”.

“Buyers should definitely avoid. This technology is a double-edged sword. It can provide good things, but it can also provide bad things if you have a criminal mindset. This applies to everything.. If you have a steak knife, you can stab steaks, but if you have a criminal mindset, you can use them to stab people.. You can use the Internet to communicate via email, but you can also use it for fraudulent purposes.. Any new technology can be used in two ways. The problem is not the technology itself, but the fact that the people behind it can try and misuse it.”

Bobby Lee firmly believes regulation is necessary to minimize these fraudulent activities.. Recently it was revealed that Benebit made $4 million and defrauded investors with a well-organized fake ICO pre-sale.

The best markets in the initial ICO boom China and South Korea have banned the mechanism that leads to fraudulent activities. The watchdog of the United States, which is the largest market for ICOs, also issued warnings and asked potential investors to assess the risks.. On the other hand, regions such as Gibraltar have managed to regulate the controversial method of fundraising.

In any case, this market will surely continue to expand with ICO reports from companies like Telegram.

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Hours ago, one of the richest Bitcoin addresses in the world took action and moved over 65 thousand Bitcoins for the first time since 2014. While the address sent by the person/group that stands out as one of the 20 rich Bitcoin addresses is unknown, the possibility of the transfer being an over-the-counter market sale stands out, according to the news on CryptoPotato.

Larger than Binance and Bitfinex’s Bitcoin Volume

While the amount transferred is higher than Binance and Bitfinex’s daily Bitcoin transaction volume of $ 155 million, it seems that the transfer is still in progress.

Transfer Fee More Than $50 Less

When the details of the transfer are examined, it is seen that the Bitcoin blockchain can realize such a large amount, $257 million to only $43, less than $50.

The transfer was carried out by scattering over many SegWit addresses. While it stands out, this way may have been chosen to make it harder to track cryptocurrencies.

Consequences?

Although the $257 million Bitcoin transfer might seem scary at first glance as a sell signal for Bitcoin bulls, the over-the-counter transfer , OTC market will mean that Bitcoin and crypto prices will not be affected by this development. It’s a fact that he can try to pull it below the support point in his band.. However, if the address that has been protecting their Bitcoins since 2014 does not consider selling on exchanges, it seems more likely that new buyers will be buying their cryptocurrencies in the OTC market for long-term profit purposes.

Bitcoin, the leading cryptocurrency, Coinbase as of publication time.

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