Author: hotcrypto
NFT-capable crypto tokens are becoming more popular among crypto enthusiasts. These tokens have immense potential and capabilities and are among the best cryptocurrency-related investments for those seeking to benefit from the booming NFT sector. One such NFT-capable crypto token is Big Eyes (BIG). NFT-capable cryptos help to strengthen the NFT sector by facilitating NFT creation, transaction, and economy within their various ecosystems. For the traction they’re gaining among crypto enthusiasts, many think they need to break the bank to purchase NFT-capable cryptos. This situation, however, is not always the case. In this article, we introduce Shiba Inu (SHIB), Chiliz (CHZ),…
A clever hacker made off with nearly $4 million worth of IOTA cryptocurrency after patiently setting up an elaborate phishing site for almost half a year. The hacker executed his scheme on January 19, when he used the information he gathered —private keys for IOTA wallets— to steal money from users’ accounts. The damage was estimated at around $3.94 million worth of IOTA, at the time of the hack. Hacker collected private keys for IOTA wallets To understand how the hack took place, our readers must first understand how users create an IOTA wallet where they keep funds. Just like…
Bitcoin, ethereum and other major cryptocurrencies have swung wildly this week as the crypto market undergoes a radical shift—sparking a game-changing warning. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price crashed under $20,000 per bitcoin as traders brace for a Federal Reserve bombshell while the ethereum price has lost almost 20% in the aftermath of its long-awaited upgrade (which some think could play havoc with crypto market dynamics). Other top ten cryptocurrencies, including BNB, XRP, solana, cardano and dogecoin, have also lost ground as regulators circle the crypto…
DeFi has been the most rapidly growing field in the entire blockchain world over the past two years. According to DeFi Purse, the total global DeFi lock has jumped 42-fold from $777 million two years ago to $33.77 billion now (note, September 21,2022). Typical DeFi protocol Uniswap locks-in volume increased 210 times from $27 million to $6.1 billion, and its monthly trading volume increased 204 times to $34.84 billion from $170 million a year ago. The development of technology and finance will never stop. If you don’t understand DEFI in 2022, you will miss the great opportunity in the next…
Chainlink integrates a freelancing platform, a medical dApp, a Web3 marketing platform and an analytics suite.More Exciting IntegrationsChainlink added four new blockchain projects to its ever-expanding oracle network. In this week’s roundup:New Data ProviderLanceria, a Web3 platform for freelancers and digital artists, is now a data provider on the Chainlink network. The integration enables the freelancing platform to lock and unlock user funds depending on the progress of a job. The $LANC tokens are kept in an escrow wallet until each job is completed and approved. “We’re excited to provide our data through the Chainlink decentralized oracle network,” said Lanceria’s…
This week’s guest on the Cardano SPO Column is a stake pool operated by Michele who is working on a project called “plu-ts”, which will allow developers to build dApps using Typescript: Harmonic [ARMN]. Last week’s guest was a stake pool operated by Brian and Joe from the US who are involved in building software tools, including Pool Peek Mobile and GetPayda. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community.…
A quick flick through Twitter, any social media investing club, or investing-themed Reddit will quickly allow one to find handfuls of traders who have vastly excelled throughout a month, semester, or even a year. Believe it or not, most successful traders cherry-pick periods or use different accounts simultaneously to ensure there’s always a winning position to display.On the other hand, millions of traders blow up their portfolios and turn out empty-handed, especially when using leverage. Take, for example, the United Kingdom’s Financial Conduct Authority (FCA) which requires that brokers disclose the percentage of their accounts in the region that are…
Love cannabis, support the legalization of marijuana, and look forward to crypto investing? If so, you’re in luck. BudBlockz, the first decentralized cannabis ecosystem, has created a platform for cannabis and crypto enthusiasts to join forces and enjoy safe, innovative solutions with the potential to earn big from them. Providing individuals with a simple, stress-free way to earn while they burn, the platform is setting itself apart from the rest and smoking its competition, blowing several others out of the water, including Ripple (XRP) and Binance (BNB). These cryptocurrencies have already had their share of highs and lows within the…
The Merge has been a success for Ethereum [ETH]. Wait… but that’s not it as ETH has continued to dip despite this release. The continued fall of the token has attracted the attention of analysts across the crypto industry to give their two cents on the matter. Galaxy Digital based researcher Christine Kim has also joined the conversation with her valuable input. In a recent thread, Kim discussed why ETH continues to stand at lower prices since the Merge. 🐼 The long-awaited Merge upgrade finally went live on Ethereum yesterday after several years of research and development. The upgrade went…
Do Kwon, the South Korean founder of the failed cryptocurrency Terra wanted by police, has denied he was on the run after Singapore investigators said he was not in the city-state as had been believed.Kwon’s whereabouts have been thrown into question after a statement from Singapore police late on Saturday, and his tweets did not reveal where he was.The collapse of Terraform Labs earlier this year wiped out about $40bn of investors’ money. Kwon has been accused of fraud by five investors based in South Korea; he is being investigated by a financial crimes unit and in the US by…