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📈Correlation of halving and BTC price
⏳43s Read
Halving is a decrease in the remuneration to miners for mining bitcoins. It happens every time 210,000 blocks are added to the blockchain. For example, from the beginning miners got 50 BTC for each block, at the moment it is 6,25 BTC.
You must have heard that bitcoin has cycles of growth and fall. So, here is a visual demonstration of the relationship of halving to price.
The horizontal axis is the number of days after the Halving
Vertical axis - bitcoin price
In the current cycle, one more dump and then another rally without updating the historical maximum is possible.
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Top News || Last Week Digest
The U.S. could ban any mobile software that supports the digital yuan - Details
Terra community approves burning 1.3 billion USTs - Details
Korea's tax authority launches investigation against Do Kwon - Details
Google Trend shows 70% drop in interest in NFT - Details
Thomas Edison's inventions will be available as NFTs - Details
Brazil integrates blockchain system to fight corruption - Details
Croatia arrests ex-head of crypto exchange WEX - Details
SpaceX launches first cryptosatellite into space - Details
Tupac's original album cover is on sale at NFT - Details
Cryptocurrency community tricks scammer and returns stolen NFT tokens - Details
South Korea invests $177.1 million in Metaverse - Details
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The U.S. could ban any mobile software that supports the digital yuan ⏳43s Read On May 26 three senators introduced a bill to ban digital yuan transactions in U.S. mobile applications. This way the lawmakers want to "protect the U.S. from China's invasive policies". The bill was drafted by Republican Party members Tom Cotton, Mike Brown and Marco Rubio. "Defending Americans from Authoritarian Digital Currencies Act" would ban mobile software platforms from hosting any e-CNY-enabled program. First of all the bill will affect Google and Apple. And the ban will affect not only e-wallet e-CNY, but any software, which in theory allows to conduct such transactions. This includes P2E games, clients of payment platforms and many others. ||
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SEXN: an alternative to STEPN, but instead of running - sex
⏳43s Read
Cryptocurrency startup SEXN plans to launch a BNB Chain-based application of the same name, allowing to earn cryptocurrency during sex.
The project held a presale of SST control tokens in early May and an in-game Sex Orgasm Token (SOT) at the end of the month.
The launched app is expected to accrue SOT tokens based on data collected from smartwatches, fitness bracelets and cell phones.
According to Grid, during the AMA session, a SEXN developer nicknamed MAX noted that the sensors are able to distinguish sex from other physical activities like running.
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Forbes is dropping its public offering through SPAC
⏳43s Read
Last August, Forbes magazine announced plans to go public with a valuation of $630 million. In February, Binance invested $200 million in the publication, making it the second largest co-owner. And now Forbes says the deal is on hold.
The company had planned to merge with Magnum Opus Acquisition, based in Hong Kong. This is a specialized counterparty, through which firms get to make their first public offering.
Now that the market has "cooled down," Forbes sees no advantage from this deal. A source close to the board confirms this. At the same time, private investors are showing interest in the firm.
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South Korea invests $177.1 million in Metaverse
⏳38s Read
Earlier this week, South Korea's Minister of Science, Information and Communications announced a new government project. It is designed to support local startups in the field of Metaverse.
According to the politician, metaverses are now "an uncharted field with unknown potential”. And by all appearances, Korea doesn’t want to lose it.
As part of the project, the government will invest $177.1 million in various start-ups to create virtual worlds. This is part of a global strategy for technological development called the New Digital Deal.
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🇧🇬 The injured investors accuse the Bulgarian prosecutor's office of unwillingness to fight the OneCoin pyramid, despite arrest warrants from Interpol, Europol and the German police - the lawyer believes that the organizers of the criminal scheme are under the protection of the country's chief prosecutor.
The organizers of the OneCoin pyramid scheme attracted 3 million people in three years of existence, who were defrauded, according to various sources, of 4-15 billion euros.
Onecoin, I know that train and I'm glad I missed it😁
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🧬 Cardano founder Charles Hoskinson said that true blockchain ecosystems should expand slowly - years and decades, not weeks and months.
⏳17s Read
He also added that one of the reasons for Terra's collapse was the environment in which the network evolved, where financial incentives and market settings are structured in such a way that speed is more important than quality.
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Nigeria 🇳🇬, India 🇮🇳, Vietnam 🇻🇳, and Argentina 🇦🇷 have the highest rates of optimism about Bitcoin’s future as well as the highest claimed levels of cryptocurrency knowledge.
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What's going on with the NFT market now?
⏳19s Read
According to DappRadar, NFT trading venues are behaving differently.
OpenSea trading volume is down about 28.1% over the past 30 days. Trading volume on Rarible is down 79.69%. Meanwhile, on Magic Eden, sales are up nearly 500%.
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Cryptocurrency community tricks scammer and returns stolen NFT tokens
⏳12s Read
Cryptocommunity World of Solana (WOS) tracked down and recovered some of the NFTs stolen for resale, redeeming them for 2% of the value assigned by the attacker.
Lovely🥰 if you ask me, we need more of this!
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