Crypto Whale Swaps 3.43M LDO for 7.28M AGIX and 2,824 ETH

Loockonchain identified a whale transaction that swapped LDO for AGIX on Binance.  The whale transferred 3.43 million LDO, equivalent to $8.2 million, to Binance.  In exchange, the whale received 7.28 million AGIX, worth $3.6 million, and 2,824 ETH worth $4.66 million.  Blockchain tracking firm Loockonchain has identified a whale transaction that swapped Lido (LDO) tokens for SingularityNET (AGIX) on the Binance exchange. The firm tweeted that the whale transferred 3.43 million LDO, equivalent to $8.2 million, to Binance.  In exchange for the transferred LDO, the whale received 7.28 million AGIX, equivalent to $3.6 million, and 2,824 ETH worth $4.66 million. The whale reportedly added AGIX liquidity to Uniswap afterward.  AGIX is among the altcoins that have recently generated significant interest in the crypto market and is #22 on Trending Cryptocurrencies on Coinmarketcap. The influx of funds into the SingularityNET project has seen its native token, AGIX, rise by over 33% in the past week, based on data from CoinmarketCap.  According to analysts, AGIX is among the highest beneficiaries of the rising interest in Artificial Intelligence (AI) championed by OpenAIs ChatGPT. The native token of SingularityNET, AGIX, allows users to vote on the SingularityNET network, which provides a marketplace where users can create, share, and monetize AI

2023-03-17Ethereum

Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto

crypto  Ang pagbagsak ng Silvergate at Silicon Valley Bank ay kumakatawan sa isang hamon para sa crypto  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The collapse of Silicon Valley Bank (SVB) and Silvergate Capital, some of the most crypto-friendly banks in the industry, has forced many crypto firms to hold their breath. The loss of a significant banking partner for many companies means it will be even harder for them to comply with regulations and offer their services in a way that is consistent with the expectations of the United States Securities and Exchange Commission.  In the aftermath of the banks collapse, the second-most liquid U.S.-dollar pegged stablecoin, USD Coin (USDC), temporarily lost its peg and fell below $0.87, as its issuer, Circle, admitted that it held $3.3 billion at SVB. Within the crypto industry, Circle is one of the better-known, “mature” players, so the news understandably shook investors, forcing many to lose their confidence in cryptocurrencies once again.  It is obvious that the collapse of SVB and Silvergate has and will continue to challenge the crypto industry as a whole. In addition to that, it has also created uncertainty as banking partnerships are crucial for the infrastructure that enables crypto companies to operate.  This

2023-03-17Industriya

Stock Market Rallies As 11 Bank Giants Aid First Republic, But FRC Dives Late; Apple, Microsoft Flash Buy Signals

Kabuhayan  Stock Market Rally Bilang 11 Bank Giants Tumulong sa Unang Republika, Ngunit FRC Dives Huli; Apple, Microsoft Flash Buy Signals  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Tumagilid nang mas mababa ang Dow Jones futures pagkatapos ng mga oras, kasama ang S&P 500 futures at Nasdaq futures. FedEx (FDX) reported earnings late Thursday, signaling a possible FDX stock breakout.  The stock market rally attempt had a strong session, reversing higher from morning lows. The Nasdaq led the way, fueled by big caps such as Apple stock, microsoft (MSFT), Advanced na Micro Aparatong (AMD) at NVIDIA (NVDA).  But Thursdays market catalyst was news of a $30 billion deposit infusion for embattled California-based Unang Bangko ng Republika (FRC). JPMorgan Chase (JPM), Citigroup (C), Bank ng Amerika (BAC) at Wells Fargo (WFC) announced that they will each make a $5 billion uninsured deposit into First Republic. Goldman Sachs (GS) at Morgan Stanley (MS) are contributing $2.5 billion each. Bangko ng New York Mellon (BK), Pinansyal ng PNC (PNC), State Street (STT), totoo (TFC) at US Bancorp (USB) are each making an uninsured deposit of $1 billion.  FRC stock, down over 36% intraday and up as much as 28%, closed up 10.3% to 34.38. Shares are off more

2023-03-17Industriya

Banks Bail Out Themself to Fed’s Applause – Trustnodes

Kabuhayan  Ang mga Bangko ay Nagpiyansa sa Sarili sa Palakpakan ng Fed – Trustnodes  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Numerous giant US banks have joined forces to deposit $30 billion in the San Francisco headquartered First Republic Bank.  Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced today they are each making a $5 billion uninsured deposit into First Republic Bank.  Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY‑Mellon, PNC Bank, State Street, Truist and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion, the banks said in a statement.  First Republic has seen a tumulus month with its stock price crashing 74% last week from $115 dollars to $35.  They had $212 billion in total assets as of last year, but came under scrutiny following the collapse of the Silicon Valley Bank.  First Republic revealed in its annual report that the fair-market value of its “real estate secured mortgages” was $117.5 billion as of Dec. 31, or $19.3 billion below their $136.8 billion balance-sheet value. The fair-value gap for that single asset category was larger than First Republics then $17.4 billion of

2023-03-17Industriya

NFT Collection Shabu Town Shibas Price, Stats, and Review

Mga NFT  NFT Collection Shabu Town Shibas Presyo, Stats, at Review  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  What is an Shabu Town Shibas?  Shabu Town Shibas are a non-fungible tokens collection built on the Ethereum network launched in 16 August, 2021. 9,981 items of the Shabu Town Shibas collection can now be viewed at OpenSea.  How many owners does the Shabu Town Shibas collection have?  Ang kabuuang bilang ng mga may-ari ay umabot na sa 3198 sa loob ng 576 araw mula nang ilabas ito.  NFT Collection Shabu Town Shibas Price and Sales  The market capitalization of Shabu Town Shibas NFT collection is 0 ETH. Since created the Shabu Town Shibas, 7,193 collections sales were made at an average price of 0.17 ETH (~$280.90 at the time of writing). This created a total volume in 1,213.524 ETH. The floor price of Shabu Town Shibas is 0.004 and the 30-day trading volume is kept at 0.09 ETH. The payment tokens of the Shabu Town Shibas collection are ETH, DAI, WETH, USDC, SHIB.  Bakit mahal ang ilang NFT at ang iba ay hindi?  Ang mga NFT ay napakabago sa blockchain ecosystem at nasa kanilang kamusmusan pa. Ito ay isang umuusbong na merkado na nangangahulugang walang makasaysayang data o precedence na

2023-03-17Industriya

Tackling 5 Global Issues with Artificial Intelligence & Blockchain

blockchain  Tackling 5 Global Issues with Artificial Intelligence & Blockchain  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Artificial Intelligence (AI) and blockchain technologies are rapidly transforming industries worldwide. By integrating these technologies, innovative and ethical solutions can be developed to address some of the most pressing global challenges. Here are five global issues that AI and blockchain can tackle today.  In a world full of complex challenges, AI and blockchain technologies unlock sustainable, effective solutions.  Paglaban sa Climate Change  AI and blockchain can play a pivotal role in mitigating the effects of climate change. By analyzing vast amounts of environmental data, AI can identify patterns. And predict future trends, recommending effective measures for reducing greenhouse gas emissions.  Additionally, blockchain technology can ensure transparency and traceability in carbon credit trading and natural resource management, promoting accountability and sustainable practices.  Algorand, a scalable and decentralized blockchain platform, has partnered with various organizations to develop solutions for carbon credit management and other environmental initiatives.  For instance, Algorand has partnered with ClimateTrade, a leading carbon offsetting platform, to streamline the carbon credit market. By utilizing Algorands blockchain technology, ClimateTrade enables businesses and individuals to offset their carbon emissions transparently and efficiently.  This partnership simplifies purchasing and tracking carbon credits, increasing accessibility and affordability

2023-03-17Industriya

Anthony Deruijter is dovish on FedEx stock despite raised guidance

Kabuhayan  Anthony Deruijter is dovish on FedEx stock despite raised guidance  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  FedEx Corp (NYSE: FDX) jumped more than 12% in extended trading after reporting better-than-expected earnings for its fiscal third quarter.  FedEx stock up on raised guidance  The stock gained also because the package delivery company raised its profit forecast for the full year.  FedEx is now calling for $14.60 a share to $15.20 a share in earnings versus up to $14 it had guided for earlier. Still, Anthony Deruijter – Senior Analyst at Third Bridge said on Yahoo Finance Live:  Demand issue could persist through this year and that could hit FedEx. They‘re talking about mid to high single digits drop on the volume side. [Plus], a lot of the cost cuts they’re talking about may not be that easy to pull off.  FedEx stock is now up 30% versus the start of 2023.  Analyst picks UPS over FedEx stock  FedEx Express continued to struggle with waning demand in the recent quarter but cost cuts and an 11% increase in per-package revenue helped the ground-shipping unit in the United States and Canada.  Still, Deruijter prefers peer UPS over FedEx stock thats now up 30% versus the start of 2023. Explaining why, he

2023-03-17Industriya

Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments

Ethereum Mga NFT  Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments  56 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  “The market price of one Ethereum in our principal market ranged from $964 – $3,813 during the year ended December 31, 2022, but the carrying value of each Ethereum we held at the end of the reporting period reflects the lowest price of one Ethereum quoted on the active exchange at any time since its receipt,” according to the filing. “Therefore, negative swings in the market price of Ethereum could have a material impact on the company‘s earnings and carrying value, while only time a rise in prices will impact the company’s earnings positively, is when the Ethereum held in the balance sheet, are sold at a gain,” the filing said.

2023-03-17Ethereum

SEC Boss Suggests Ethereum (ETH) Might Be Security Once Again

Ethereum  SEC Boss Suggests Ethereum (ETH) Might Be Security Once Again  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  SEC Chairman Gary Gensler implied that proof-of-stake tokens like Ethereum should be regulated as securities, contradicting view of Commodity Futures Trading Commission Chairman Rostin Behnam  Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has once again implied that proof-of-stake (PoS) tokens, which include Ethereum (ETH), should be regulated as securities, Bloomberg reports.  During an SEC meeting held on Wednesday, the head of the organization highlighted that the individuals behind these tokens frequently utilize social media platforms to promote their ventures, attracting investors who anticipate making profits. He suggested that these projects should seek professional guidance in order to ensure compliance.  Genslers statement was in response to a question about the different views between him and Commodity Futures Trading Commission Chairman Rostin Behnam, who recently stated that he considers Ether a commodity.  During an interview in February, Gensler suggested that Ethereum might fall under the classification of a security. He believes that cryptocurrencies, excluding Bitcoin, are securities since entrepreneurs utilize diverse methods to endorse their tokens and attract investors. This view contradicts with the view of the head of the SECs sister regulatory agency.  Unlike

2023-03-17Ethereum

Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash

Ethereum  Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash  17 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Funds tied to the latest Euler Finance exploit are on the move.  According to on-chain data, the attacker sent ten transactions to mixing service Tornado Cash worth 100 each from an intermediary address, and still holds 1,500 ETH labeled as “Fake Phishing” at the same address.  The address has sent a total of 1,000 ETH, worth roughly $1.6 million.  Hackers moved part of the stolen funds less than 24 hours after Euler Finance—a borrowing and lending platform—warned that if 90% of the assets were not returned, the company would offer a $1 million bounty to anyone who can provide information that can lead to their arrest and the return of all funds.  Euler Finance fell victim to a flash loan exploit that resulted in the loss of $8.7 million in the DAI stablecoin, $18.5 million in Wrapped Bitcoin (WBTC), $135.8 million in Staked Ethereum (stETH), as well as $33.8 million in USDC.  While Euler confirmed that it is working with law enforcement, the company also suggested the criminal investigation could be potentially dropped if the money is returned.  Notably, along with the funds sent to Tornado Cash, the attackers, as

2023-03-17Ethereum
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