Kategorie: Allgemein

• Tether Holdings Ltd is expected to make a $700 million profit in the first quarter of 2023.
• The success of USDT has been attributed to the misfortunes of its closest rivals, USDC and Paxos’s BUSD.
• Tether now holds short-dated US Treasury Bills held in trust by Cantor Fitzgerald, with Bahamia lenders Deltec Bank & Trust Ltd and Capital Union Bank looking after its reserves.

Tether Expecting $700 Million Profit

Tether Holdings Ltd, the blockchain fintech firm in charge of the issuance of the world’s largest cryptocurrency USDT is set to rake in a profit of $700 million for the first quarter of this year. According to a report by BNNBloomberg, the bogus earning was confirmed in an interview by Tether’s Chief Technical Officer Paolo Ardoino. The cumulative profit expected was almost at par with that from the fourth quarter of 2022.

USDC and BUSD Misfortune

For the past quarter, the total number of USDT in circulation topped $78 billion, up 18% in the year-to-date period. In hailing the performance milestones of Tether, Ardoino said the total USDT reserve is now up by an additional $1.6 billion. Tether’s misfortunes in the first quarter came to be attributed to the seemingly inevitable misfortunes of its closest rivals, USDC and Paxos’s BUSD. In the case of USDC it lost its peg earlier this month on grounds that its issuing company Circle has deep exposure to Silicon Valley Bank (SVB), which collapsed recently whilst Paxos experienced a crackdown from US SEC as a result of BUSD which it claims was sold as an unregistered security.

Reserve Security

Addressing issues around its reserve which have always been under contention, Ardoino said Tether now keeps hold of short-dated US Treasury Bills held in trust by Cantor Fitzgerald with Bahamia lenders Deltec Bank & Trust Ltd and Capital Union Bank looking after its reserves.

SEC Scare

Despite being a stablecoin Tether can best be described as a very volatile reliable asset owing to Fear Uncertainty and Doubt (FUD) created within industry circles when issues arise concerning regulation or some other external factor unrelated directly to USDT itself such as with Circle’s SVB issue mentioned above or more acutely with SEC’s clampdown on Paxos for selling BUSD as an unregistered security just last week..

Analysts Warning

Despite all these successes analysts warn that UDSC may still come under scrutiny from regulators particularly given recent events involving both Circle’s SVB issue and also that surrounding Paxos’ marketing tactics for BUSD last week leaving investors trading cautiously so not encounter similar experiences that befell Terraform Labs own UST stablecoin last summer..

•DigiToads is a P2E gaming experience where players can collect, nurture, and battle unique DigiToads using TOADS tokens.
•The project’s NFT staking platform is funded through a 2% contribution to the staking pool from every TOADS transaction.
•The presale for DigiToads offers enormous growth potential for early investors, with the price increasing at each stage and offering up to a 900% return on investment.

Introducing DigiToads: The Next Big Crypto

DigiToads is an innovative P2E gaming experience where players can collect, nurture, and battle unique DigiToads using TOADS tokens. The project has already raised $200k in just 5 days since its launch, making it one of the fastest-growing crypto projects in recent times. With its dual revenue streams of P2E gaming and NFT staking, as well as its strong community of dedicated fans, DigiToads is poised to become the next big crypto.

What Is Decentraland (MANA) & The Sandbox (SAND)?

Decentraland (MANA) and The Sandbox (SAND) are two of the first NFT projects to capture the imagination of the crypto community. Both projects offer a unique virtual world where players can buy, sell, and create their own NFTs. This early success has paved the way for more NFT projects to enter the market, including DigiToads.

How Does DigiToads Work?

The best performers in each season of DigiToads receive rewards in TOADS tokens. Additionally, there is a 2% contribution to the staking pool from every transaction involving TOADS tokens which funds its NFT staking platform. This platform allows holders of NFTs to earn rewards over time based on how long they stake their NFTs – providing them with a new passive income stream that does not rely on selling their NFT assets.

Why Invest In Digitoads?

Early investors stand to gain significantly from investing in this project during its presale stages due to its enormous growth potential – prices increase at each stage offering up to a 900% return on investment! Not only that but by investing you will be joining an active community of dedicated fans who are eagerly awaiting launch day and supporting one another throughout this exciting journey ahead!

Conclusion

Digitoads presents an exciting opportunity for anyone looking to get involved with non-fungible tokens or decentralized finance as it offers both P2E gaming and NFT staking opportunities with huge growth potential for early investors! With its strong community support also comes peace of mind knowing that your investments are safe and secure as you embark on this incredible journey ahead!

• US regulators are responding to the collapse of Silvergate Bank, hinting that stricter policies might be in place.
• Prominent crypto personalities are pushing back on Senator Elizabeth Warren’s take on the crypto industry and its risks.
• Senator Sherrod Brown, Chairman of the Senate Banking, Housing, Urban Affairs Committee, implies that regulatory rules for cryptocurrencies might intensify in the future.

US Regulators React to Silvergate Bank Collapse

US regulators have reacted to the recent collapse of Silvergate Bank by hinting that stricter policies might be put in place. This news has stirred up worries among cryptocurrency markets as prominent crypto figures disagree with Senator Elizabeth Warren’s take on the digital currency industry and its associated risks. Additionally, Senator Sherrod Brown, Chairman of the Senate Banking, Housing, Urban Affairs Committee has suggested that regulatory rules for cryptocurrencies could become more intense in the near future.

Senator Elizabeth Warren’s Take on Crypto Industry

Senator Elizabeth Warren expressed her disappointment regarding Silvergate Bank’s failure in a tweet stating that she had previously warned against its risky activity and identified severe due diligence failures. She believes that customers must be taken care of and authorities should step up against any risks associated with cryptocurrency trading.

Crypto Personalities Push Back Against Warren’s Comments

Prominent crypto traders and enthusiasts do not agree with Senator Warren’s stance on the cryptocurrency market as they insist that Silvergate collapsed solely due to their frictionless reserves rather than any involvement from digital currency trading. Scott Melker was one such figure who pushed back against her comments asserting this point through Twitter.

Senator Sherrod Brown Suggests Regulatory Tightening

Senator Sherrod Brown also commented about what happened with Silvergate bank expressing his displeasure at current events occurring around digital currencies. He alludes to potential tightening of regulations surrounding cryptocurrency trading which could mean more stringent rules in coming months or years ahead.

Conclusion

The recent collapse of Silvergate Bank has sparked heated debate between US regulators such as Senators Elizabeth Warren and Sherrod Brown, as well as prominent crypto players who oppose their views on crypto-related risks and regulations. It remains to be seen how policy makers will respond to these events but it is clear that changes may be coming soon for those involved in digital currency trading activities.

• VeChain has announced a new feature that will track carbon emissions in real-time.
• The VechainStats data analytics platform will be used to calculate the carbon cost of each transaction.
• This feature is part of VeChain’s mission to prioritize digital sustainability in the blockchain industry.

VeChain Announces New Feature to Track Carbon Emissions

VeChain has recently unveiled a key feature that is poised to make a name in the blockchain industry. Using the VechainStats data analytics platform, carbon emissions generated by a transaction on the Vechain network can now be tracked seamlessly, in real time. This feature places Vechain in a positive light, as conversations about reducing carbon emissions have intensified over the past few years.

VechainStats Background and Functionality

VechainStats is a leading data analytics and block explorer platform that provides advanced tools for all on-chain metrics for VeChain transactions, tokens, Non-fungible tokens (NFTs) and more. Its most recent feature was unveiled recently and has been in the market for more than 5 years since its foundation in 2017. With VeChainStats, users of the platform are certain to get transparent feedback on how much carbon a single transaction produces – no matter what kind of transaction it is.

VeChain’s Mission to Prioritize Digital Sustainability

VeChain maintains that tracking carbon emissions is an essential part of its mission to contribute to revolutionizing digital sustainability through blockchain technology. Carbon emission tracking is an essential tool for achieving this goal as it makes it possible for users to understand their impact on our environment when utilizing cryptocurrencies like VET or other tokens powered by blockchain technology.

The Carbon Calculator Tool

In consultation with DNV, the VeChainStats team have built a carbon calculator which can track all CO2 emissions related to VET’s usage – making it easier than ever before for users to calculate their own environmental impact when using cryptocurrency services on VeChainThor network.

Conclusion

With this new innovation from VeChain, we are likely going to see many similar features being released by other projects within this space as well – furthering our collective mission towards digital sustainability within the cryptocurrency industry!

• Elon Musk recently tweeted about Dogecoin, which led to a 6.6 percent increase and Shiba Inu by 2.5 percent.
• According to the Blockchain Research Lab study, there was an average price range of 3 percent on each of the 47 events after a tweet by Musk.
• The 24-hour move of Dogecoin has been within the ranges of $0.0832 and $0.0872 as it could not test its key resistance level of $0.09 before recording its first retracement as seen in the chart.

Elon Musk’s Influence On Dogecoin Price

Twitter CEO Elon Musk has been linked to several price surges of Dogecoin (Doge) after his tweets triggered speculations among investors. Just recently, Musk has come up with another tweet, causing a fair increase in the price of the meme coin in the last 24 hours. In a statement that is believed to be an apparent joke, Musk Tweeted: „High time I confessed I let the Doge out.“ There was an image attached to the post with the inscription „It was me, I let the dogs out.“ There was also a follow-up tweet where he wrote „Fact check me @CommunityNotes.“

Effect Of Elon Musks Moves On Cryptocurrency

According to Blockchain Research Lab study on effect of Elon Musk’s moves on cryptos discloses that he has an interesting command over investors. According to study, there was an average price range of about 3 percent on each of 47 events after a tweet by Musk and whenever there is immediate large spike in price there is another 45 minute spike that follows too.

Price Increase Of DogeCoin And Shiba Inu

Following Elon Musks recent tweet about dogecoin, it responded with sharp 6.6 percent increase and Shiba Inu surged by 2.5 percent as well due to mention ‘dogs’ in plural form probably by him in his second tweet “Fact check me @CommunityNotes”

24 Hour Move Of DogeCoin

The 24 hour move of DogeCoin has been within ranges $0 .0832 and $ 0 .0872 as it could not test its key resistance level ($ 0 .09) before recording its first retracement as seen from chart!

Conclusion

In conclusion , according to research done on effect of Elon Musks moves on crypto , it can be observed that he has very influential command over investor sentiments causing huge surge in prices when ever he tweets about any crypto currency like do ge coin or shiba inu !

• Chainwire Massive Gaming will launch the global social casino slot game House of Slots in March 2023.
• It will offer users a realistic and fair gaming experience, with access to rewards in the game’s decentralized economy.
• Before launch, tokens, airdrops, and NFT free minting events will be included.

Chainwire Massive Gaming Launches Global Social Casino Slot Game

Seattle-based Chainwire Massive Gaming is set to launch their global social casino slot game House of Slots in March 2023. This blockchain technology-based social casino game offers users a realistic and fair gaming experience, with access to rewards in the game’s decentralized economy.

Airdrops and NFT Free Minting Events

Before launch, users can take part in several tokens, airdrops, and NFT free minting events offered by House of Slots. In order to receive rewards from these activities, users must install an IntellaX wallet via simple login registration or email connection. Additionally, players who own an NFT will receive more valuable rewards through the NFT holder limited event after opening.

Play & Earn Ecosystem

House of Slots allows gamers to experience Play & Earn ecosystem before launch – offering over 80 different social casino slots machine games with stable USDC coins fixed to the value of the US dollar. Players can earn USDC with specific goods provided by the game while playing various social casino games for free.

Community Support

The project has built up a community around its slots games via Discord server where players can share their big wins and learn about upcoming events taking place on Medium page or Gleam links shared on Twitter or Telegram communities.

Conclusion

By introducing this world’s first stable blockchain-based social slots game as well as providing users with real-time rewards opportunities through its Play & Earn system House of Slots is offering players an opportunity to become more involved in owning their value within the game as well as enjoying it for what it is – fun!

Cardano Price Rally & Whale Activity

• Cardano (ADA), the world’s eighth-largest cryptocurrency has been part of the altcoin market pump since beginning of 2023.
• Whale and shark addresses holding 10k to 10m ADA have accumulated 659.53M ADA, which equates to $235.5M.
• The average number of daily whale transactions on Cardano have increased from 300 in January to 1700 in February.

Boost in Adoption

COTI Network recently announced the addition of multi-wallet support for Djed stablecoin which will further push the adoption of Djed stablecoin in the broader crypto landscape. Some of these supported wallets include Flint, GeroWallet, Typhon Wallet, Yeroi Wallet, and NuFi.

Dormant Coins & Daily Active Addresses

The total number of ADA dormant coins continues to sit for a longer time on the Cardano blockchain while total number of daily active addresses on Cardano has dropped from 85,000 in November 2022, to now at 62,000 addresses per day.

Will ADA Price Explode?

The strong whale activity on the Cardano blockchain network and COTI’s multi-wallet support for Djed is making investors speculate if this will cause a price explosion in ADA prices as well. While these developments could sound bullish to investors, they also need to observe some other on-chain metrics such as dormant coins and daily active addresses on Cardano before they make any decisions about investing or trading with ADA coin.

Conclusion

Cardano’s (ADA) price has been increasing steadily since beginning of 2023 due to strong whale activity and COTI Network’s multi-wallet support for Djed stablecoin boosting its adoption among crypto traders and investors alike. Investors need to take into account other data points like dormant coins and daily active address before making any investment decision regarding ADA coin as it could be crucial while predicting future prices or trends associated with this token.

• EthereumFair (ETHF) has outlined plans to fork the largest meme coin based on the Bitcoin network, Dogecoin, for several reasons.
• The top reason for the Dogecoin fork is to maintain the proof-of-work (PoW) algorithm consensus by extending its compatibility with Ethereum’s algorithm.
• The future effect of forking Dogecoin could divide the meme coins community and cash inflows, which in turn affects the underlying value.

EthereumFair To Fork Elon Musk’s Dogecoin

EthereumFair (ETHF) – a recent fork of the original Ethereum network that intends to maintain the Proof-of-Work algorithm consensus – has outlined plans to fork the largest meme coin based on the Bitcoin network, Dogecoin.

Reason For Dogecoin Fork

The top reason for the Dogecoin fork is to maintain the proof-of-work (PoW) algorithm consensus by extending its compatibility with Ethereum’s algorithm. Reportedly, it will maintain a 1:1 ratio on the ledger with a total supply of approximately 132,670,764,300 DOGE units.

Effect On Value Of New Dogecoin

However, the value of this newly formed Dogecoin will not necessarily be same as that of original one and will depend on market dynamics including demand and supply.

Future Outlook For Original & Forked Coin

The future effect of forking Dogecoin could divide the meme coins community and cash inflows, which in turn affects its underlying value. However, with Elon Musk’s support from his Twitter handle@elonmuskOriginalDogeCoin is expected to gain more traction along way.

Benefits To Mining Community

DecouplingDogeCoin from LiteCoin’s mining dependency to Ethereum’s algorithm will allow more ETH graphics card miners to participate in network.

• Dombey Electric Co. introduced the lower power consuming cryptocurrency miners in 2019 and have sold over 2,000 copies.
• In October 2022, they introduced a miner with a solar panel, known as Dompre (Dombey Previa), which has double sources of power.
• They provide free solar power systems, D200, exclusively for cryptocurrency miners to prevent concerns with accumulated electricity bills.

Dombey Electric Co. has been a leading manufacturer of electrical equipment since its founding in Finland in 2010, with Hong Kong as its production site and offices all over the world. In 2019, they introduced a set of cryptocurrency miners that had extremely low power consumption, aimed to help ease the financial strain of hefty electricity and utility bills. At the time, the miners were introduced to the Hong Kong market, and since then, they have sold over 2,000 copies to miners all over the world.

Building on their success, in October 2022, Dombey Electric Co. took it a step further and introduced a miner with a solar panel, known as Dompre (Dombey Previa). This miner has two sources of power, allowing it to both attract sunlight to charge itself and be plugged into electricity to charge. It’s made of Photovoltaic cells that are more solid and long-lasting, and it comes with a five-year warranty. To make things even more convenient, shipping of the miners is free to all parts of the world, and customers can check out the products at www.dombbit.com/products.

On top of all that, Dombey Electric Co. also provides free solar power systems, called D200, exclusively for cryptocurrency miners. This helps to prevent any additional concerns that miners may have with accumulating electricity bills. The systems are easy to operate, as they come with an instruction booklet, and the company’s COO, James Eskola, stated in The Street that many customers of the D200 ended up using it for camping, rather than mining.

All in all, Dombey Electric Co. has been doing their part to help make cryptocurrency mining more affordable and accessible for miners all over the world. By introducing the lower power consuming miners in 2019 and the miner with a solar panel in October 2022, they have shown that they are dedicated to providing the best possible solutions for miners, and they have succeeded in doing just that.

• Choosing a blockchain cloud provider requires careful consideration as they may offer very different solution sets.
• Hybrid and multi-cloud options are crucial for blockchain interoperability and decentralisation.
• A cloud provider’s stance on regulatory policies and compliance guidelines is important for ensuring industry-specific regulations are met.

The use of blockchain technology is increasing rapidly in various industries, and cloud solutions are emerging to address the various challenges associated with blockchain development. Cloud solutions can provide a cost-effective approach to managing blockchain strategies as well as address the need for speed-to-market and scalability. As such, it is important to consider all the options when looking for a cloud provider that meets the needs of your ideal blockchain infrastructure.

When it comes to developing a blockchain infrastructure, hybrid and multi-cloud options are essential to ensure interoperability and decentralisation. Hybrid and multi-cloud options allow for a distributed network that can interact with one another, making it easier to transfer data between different systems. It is important to ensure that the cloud service provider you choose is multilocal, as this can be beneficial for the decentralised nature of blockchain back-end solutions. Additionally, it is important to assess a cloud provider’s stance on regulatory policies, such as GDPR, as well as industry-specific compliance guidelines.

Furthermore, cloud solutions can reduce the cost of running a blockchain infrastructure, as it eliminates the need to purchase and maintain expensive hardware. Additionally, cloud-based solutions are often much more flexible than traditional systems, allowing for scalability, faster deployment, and more efficient management. In addition, cloud solutions can provide workforce management, enabling the use of distributed teams to maintain the system more easily. Finally, cloud solutions can provide a faster time-to-market release, helping to get the product launched more quickly.

Overall, cloud solutions are an ideal way to manage any blockchain infrastructure. Careful consideration must be given to all the options to ensure the cloud provider chosen meets the needs of your ideal blockchain infrastructure. Hybrid and multi-cloud options offer a distributed network that can interact with one another, and are essential for ensuring interoperability and decentralisation. Moreover, cloud solutions can reduce operational costs, provide workforce management capabilities, and enable faster time-to-market releases. As such, cloud solutions are an ideal way to manage any blockchain infrastructure.