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Cryptoaddicted - Daily Crypto News that you will regret missing! 💸 Disclaimer: This Channel is not a Financial Advisor and does not encourage you to invest in any Cryptocurrency. The content posted here is for entertainment purposes only!DYOR!!!
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🔥 Mark Cuban revealed that he is not a supporter of DOGE, but 95% of his clients choose the meme coin as a means of payment
In a recent tweet, Billionaire Mark Cuban, owner of the Dallas Mavericks basketball team, shared an interesting fact. The entrepreneur stated that DOGE has become a “popular way of paying,” as most of his companies' customers choose DOGE to pay for their purchases.
“I’m not a fan of DOGE. I offer products and services of my companies. In the case where we allow people to pay with ANY cryptocurrency - 95% of payments fall on DOGE. Customers CHOOSE DOGE. We can argue about anything and everything about BTC, but now DOGE is the "people's way of payment," Cuban wrote on his Twitter account.
Fun fact: if Dogecoin had limited supply, the price of 1 coin would be much bigger
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💰Polygon acquires Hermez Network for $250 million.
The management of the Polygon project, formerly known as MATIC, announced the purchase of the Hermez Network scaling project for $250 million. The project tokens will be merged together.
The merger of tokens as part of the purchase of one company by another will take place for the first time in the history of the cryptocurrency industry. According to a blog post, 26 of the 80 Hermez employees will move to the Polygon team.
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🔥 Cardano (ADA) becomes the third largest cryptocurrency in the world
Cardano (ADA) price rose 11.1% on the day, reaching a 12-week high of $1.99.
According to CoinGecko, the asset has grown in value by 43.1% over the past week, making it the most profitable among the leading cryptocurrencies on the market.
The growth of the coin pushed its market capitalization to $63.43 billion. At the moment, this is 3.17% of the total value of all cryptocurrencies.
Thus, ADA has overtaken Tether and Binance Coin (BNB).
LET’S GOOOOO!!!🔥🔥🔥🔥
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An interesting read from the Poly Network hacker…👀
Part 1/4
Full version is at my VIP group 💬
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🔥 A new corridor of cross-border remittances between Thailand and Europe will be hosted on the Stellar blockchain
Using the Velo Labs financial blockchain protocol, local financial institutions Tempo Payments and Bitazza will host a cross-border money transfer service that will connect Thailand and 27 European countries.
The corridor will be hosted on the Stellar blockchain and will use Velo tokens and Velo digital credits for on-chain transactions.
The new corridor will serve about 600 million customers in Southeast Asia and Europe.
Stellar XLM moon month soon 👀
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🤔 An attacker who hacked Poly Network for the amount of $611 begins to recover stolen funds
At the moment, the attacker has returned $1 million.
Hours after the attack, blockchain security company Slowmist said they had traced the hacker's IP address and email while investigating other identities regarding the attacker continued.
Slowmist posted on Weibo that the attacker used the little-known Chinese cryptocurrency exchange Hoo.
Other services also found information related to other exchanges that could help identify the hacker.
At around 4:00 UTC, the attacker wrote the following message in an Ethereum transaction:
"I am ready to return the funds!"
This message was followed by another:
“Couldn't contact Poly. I need a secure multi-signature wallet from you."
After about 20 minutes, the Poly Network team responded to the attacker through a transaction and identified three addresses to which the hacker should return the stolen funds.
At the moment, money is being sent to the specified wallets.
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😏 The world's largest cinema chain will start accepting bitcoins
AMC Entertainment, the largest movie theater chain in the world, will start accepting bitcoin as payment for movie tickets. Payment in bitcoins will be possible in all American branches of the cinema network.
CEO Adam Aron said that the technology that will allow accepting cryptocurrency will be created by the end of 2021.
However, AMC did not specify what kind of technology they will use to process payments.
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😱 The Poly Network Internet Protocol has been hacked. $611 million stolen
The main reason for the hack was a cryptography problem. Attackers have somehow created a fake transaction signature in order to steal funds.
Also, as a result of the hack, the O3 pool, which uses the Poly Network to exchange tokens between different blockchains, has been suspended.
Assets such as Ethereum worth $273 million were stolen, Binance Smart Chain tokens - $253 million, and $85 million USDC was withdrawn from the Polygon network.
At the moment, this is the largest hack of the De-Fi project.
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Cardano creator wants to organize a rally in Washington in support of cryptocurrencies
After failing to pass amendments to the cryptocurrency tax law, Charles Hoskinson tweeted that he made several phone calls to organize a rally in Washington.
“These senators, 87-year-old living fossils, showed the world that they are ready to sell the future of our country's economy,” added Hoskinson.
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According to Glassnode and Santiment, despite the growth of bitcoin, whales do not fix profits
Analytical data showed that bitcoin whales have not recorded profits over the past few days, even though the price of bitcoin has surpassed the $45,000 mark.
According to Santiment, Bitcoin millionaire addresses containing between 100 and 10,000 BTC “show no sign of profit” and now contain 9.23 million BTC. This is a record high for this category of investors since July 28.
Glassnode data also shows that whales and other investors are not taking profits as the price of BTC continues to rise. According to the company, the number of coins sold over a year ago has not increased.
Should wait for a huge correction soon, apparently…
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The owner of a $69,000 NFT CryptoPunk mistakenly sold it to the wrong person for less than a cent
According to Jonathan Clark, co-founder of the DeFi platform Float Capital, the owner intended to sell the token to a whitelisted user for less than a cent, but made it available on the open market instead.
This meant that anyone who closely monitored the market could see the offer.
The buyer had to pay over $59,000 to miners in order to carry out the operation to acquire NFT as soon as possible. Then he sold the token for $136 thousand.
Thus, the buyer's net profit was $77 thousand.
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Research shows that 40% of US cryptocurrency holders have forgotten their passwords
A survey of over 1,000 crypto investors in the United States found that 39.7% of digital asset owners have forgotten their passwords.
Since Bitcoin's creation in 2009, many people have lost their digital assets by forgetting their passwords, according to research by Cryptovantage. At the same time, those who could not recover their passwords lost an average of $2134.
Thus, 39.7% of cryptocurrency holders have forgotten their password at some point. But, 95.6% of people who lost access to their cryptoassets were able to recover their credentials, and 85.7% used the recovery service.
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A very interesting project to follow and potentially a GEM: @AbleFinance ☘️
In other words, they are building a complete set of sustainable DeFi products on BSC and Near :
✅AbleSwap
✅Able Launchpad
✅Farming & Staking
✅Hold & Earn
Near is getting more and more attention and the number of users is growing, so this kind of functionality makes sense. The buzz is growing, and Able is positioning itself as a catalyst for Near.
It will be interesting to see their ecosystem develop alongside Near.
Audited, presale on the 7th on Unicrypt (BSC)
Able Finance is making the DeFi sustainABLE. ♻️
http://www.ablefinance.org
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CryptoCom has introduced USDC withdrawal feature for users around the world
CryptoCom will now allow clients to withdraw USDC coin. This means that users can withdraw the stablecoin and receive USD in their bank account in equal proportions.
The announcement came a little later than a month after the platform launched support for USDC deposits.
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At the end of July, the number of active bitcoin addresses increased by 30%
Glassnode data shows that Bitcoin saw a noticeable surge in activity over the last week of July, with active BTC addresses growing 30% from 250,000 to 325,000 active users.
According to Glassnode's seven-day statistics on active bitcoin addresses, this is the largest surge recorded after the number of active bitcoin users fell 41% from 425,000 in January to 245,000 in early July.
Glassnode noted that the current level of Bitcoin activity is in line with the levels it was in July 2020, when Bitcoin was trading around $11,300.
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Binance Banned In Malaysia
The Malaysian Securities Commission said Binance continues to operate in Malaysia despite previous warnings.
Now, Binance has 14 business days from July 26 to comply with the order, which includes the shutdown of Binance's website and mobile apps, as well as the termination of any advertising campaigns in the country.
The commission also obliged Binance CEO Changpeng Zhao to ensure full compliance with the order.
Anyone from Malaysia here?
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🔥 The largest Bitcoin withdrawal from Binance in 3 months
According to IntoTheBlock, 13,820 bitcoins were withdrawn from Binance on July 27.
The analyst firm believes this is the largest BTC withdrawal from Binance since April 19.
IntoTheBlock believes this is a sign that whales and smaller investors are hoarding Bitcoin. They move it to cold wallets.
It is possible that this major finding was related to recent changes to Binance's withdrawal rules.
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🤪 Burger King Brazil Will Accept Dogecoin for Dogpper Dog Food
Burger King Brazil now accepts DOGE as a payment method for purchasing Dogpper dog snack from fast food chain.
According to the official website of the company, the service is available from Monday.
The Dogpper treat for dogs will cost 3 DOGE ($0.60).
Users must transfer DOGE to Burger King Brazil wallet, but can also purchase feed with fiat.
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SWIFT has entered into open competition with Ripple by offering low cost cross-border payment services
SWIFT has announced the release of its SWIFT Go service, which focuses on providing low-cost cross-border payments, thus competing with Ripple.
Through SWIFT Go, SMBs can send payments to overseas suppliers or partners, and retail customers can transfer money to their families and friends in other countries.
The new SWIFT service will use preliminary data verification and will make the processing time and cost of such transfers transparent.
The new SWIFT service is already used by seven of the world's largest banks.
The list of new users of the platform includes BBVA, Bank of New York Mellon, DNB, MYBank, Société Générale, UniCredit and Russian Sberbank.
Old fashioned SWIFT or XRP Ripple?
