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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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⚙️Canaan: "78% of orders come from overseas customers."
Chinese mining equipment manufacturer Canaan Creative reported in its first quarter 2021 financial report that about 78% of hardware orders come from overseas.
According to the company's report, for the first quarter of 2021, Canaan's revenue was $61.5 million, of which gross profit was $29.6 million.
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💰Starling Bank will lift the ban on sending deposits to cryptocurrency exchanges.
UK bank Starling will resume depositing on cryptocurrency exchanges from 23 June following the rollout of an expanded payment verification process.
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🤓 Vitalik Buterin called the human factor the main barrier on the way to Proof-of-Stake
Ethereum co-founder Vitalik Buterin said that the contradictions between team members had more than technological problems, impact on the timing of the implementation of both the first and second versions of the protocol. He said this at the Virtual Fintech Forum conference.
Buterin had expected ETH1 to take three months to roll out, which eventually turned into 18.
According to the Ethereum 2.0 roadmap, the merger with the first version of the protocol will take place in late 2021 - early 2022. In another year, ETH2 is expected to achieve a level of scalability by combining Rollups and sharding that will meet the needs of the applications of leading corporations.
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🔥 Ripple has blocked access to documents that could help the SEC win a case against a startup
The team of the California-based startup Ripple has blocked the US Securities and Exchange Commission (SEC) from accessing documents with the results of the project's legal advice. Information about this was published on the website of the Court of the Southern District of New York.
The documents, according to the SEC, may contain discussions of the legal status of the startup token - XRP. Ripple's speculations that cryptocurrencies are securities could be used by the Commission to defend their position in court.
Representatives of Ripple refused to provide the documents to the SEC because discussions on XRP status with lawyers, from the point of view of the law, are protected by attorney-client privileges. Accordingly, the startup has every right to reject the Commission's request. The court confirmed the legality of Ripple's decision.
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🔥 DOGECOIN finally listed on Coinbase!
Starting Today Tuesday June 1, transfer DOGE into your Coinbase Pro account ahead of trading.
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I’m thinking of opening second telegram channel with “price analyses and graphs” and leave this channel with only crypto news. Should I do it?
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🔥 Barry Silbert pumping ZEN
The founder and head of the most famous company in the field of cryptocurrency Digital Currency Group, Barry Silbert, was actively involved in the Twitter controversy on the prospects for Horizen (ZEN). The well-known entrepreneur listed and substantiated the reasons for the possible future growth of altcoin.
According to Silbert, investors underestimate the improved performance of the updated code, as well as the presence of sidechains. They are able to become bridges for various second layer protocols or enterprise blockchains.
Horizen is poorly traded on cryptocurrency exchanges, but Silbert hinted that the coin may appear on the listings of some major exchanges in the near future. The entrepreneur managed to "slander" 30% of the daily growth of the altcoin ZEN for yesterday.
At the end of May, it was revealed that in addition to institutional investments, the company has 1.855 million ZEN of personal investment. This is the largest share of this altcoin in one hand.
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Binance has announced attacks by "organized hackers" on projects in the blockchain it has created.
Binance cryptocurrency exchange believes that projects on the Binance Smart Chain blockchain it has created are being attacked by "well-organized hackers." The company notes that in recent years there have been more than eight attacks using the flash loan function, in which attackers resort to using unsecured loans to manipulate the liquidity of projects and withdraw multimillion-dollar amounts into their wallets.
Be careful! 😲
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The Central Bank of Sweden will test the state cryptocurrency together with Handelsbanken.
The central bank of Sweden is partnering with the commercial bank Handelsbanken to test the digital krona and the ability to process payments in state cryptocurrency.
“The e-krona pilot project is moving from simple modeling of participants to cooperation with external participants in a test environment,” the Central Bank of Sweden said in a statement.
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Experts told what can be purchased with bitcoins in 2021.
🔸Clothes
Some clothing stores accept bitcoin without any problems, for example, the American store Overstock, Jens Hansen, Real Watches, Girl meets Dress and many others.
🔸Online casino
🔸Food
Here, too, not without big names: the famous pizza chain Pizza Hut, for example, accepts bitcoins in Venezuela. Everyone's favorite Starbucks and fast food chains Subway and Burger King are joining her.
🔸Flights
AirBaltic. With the help of the Bitpay aggregator, the traveler can pay with Bitcoin, XRP, Ethereum and Bitcoin Cash.
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🔥 Chinese Government Officials Praise VeChain Technology
China seeks to suppress Bitcoin mining and also bans banks from processing cryptocurrency-related transactions. However, government officials have praised blockchain technology, VeChain in particular.
The VeChain Foundation recently announced that officials from the three most important areas in China visited its Singapore office. According to the Foundation, leaders from Shanghai, Changning and Huangpu District were eager to discuss potential cooperation.
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🔥 Crypto whale transferred $878,000,000 in Bitcoin
According to Blockchain.com, just over 23,022 BTC has been sent in the amount of $877,598,640.
The transaction fee was only 0.00109424 BTC, or about $42. At the time of the transaction, Bitcoin was trading at $38,120.
The recipients of the Bitcoin transaction were two unknown addresses: one received 500 BTC and the other approximately 22,522 BTC. The sender's wallet has zero balance.
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🔥 CipherTrace will track transactions in the Binance Smart Chain
Analyst firm CipherTrace has added Binance Smart Chain (BSC) to systems for tracking suspicious activity on the network.
The CEO of the company, Dave Jevans, in a comment to Decrypt noted that CipherTrace tools allow you to analyze transactions on a specific blockchain and interact with applications on this network.
Earlier, analysts at CipherTrace reported that theft in the DeFi sector reached a record $156 million in 2021.
In May, several projects operating in the BSC network were attacked: at the beginning of the month, an unknown person withdrew about $30 million from the Spartan DeFi protocol liquidity pools, later xToken lost $25 million, bEarn Fi - about $11 million.
The price of the PancakeBunny DeFi protocol token collapsed by 80% due to the actions of an attacker. The unknown received "more than $40 million," according to The Block analyst Igor Igamberdiev.
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You have $10,000,000 USD, but you can invest only in those crypto currencies that starts with the first letter of you name. What do you buy?
