Balita sa Industriya ng Crypto at Market Trends

Ethereum co-founder praises Gary Gensler as ‘shining knight of decentralization’

Ethereum　　Ang co-founder ng Ethereum ay pinupuri si Gary Gensler bilang nagniningning na kabalyero ng desentralisasyon　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Joseph Lubin praised SEC Chair Gary Gensler as a “shining knight of decentralization.”　　Speaking at ETHDenver (which ended on March 5,) Lubin spoke candidly about recent regulatory enforcement actions, holding Gensler as a catalyst for driving decentralization – much to the audiences jeers.　　Digital Asset Investor clipped and posted the relevant part of the Fireside Chat, which was posted on YouTube on March 14.　　Ethereum co-founder says SEC is doing a great job　　Using the recent example of SEC enforcement action against Kraken, Lubin said the exchanges staking product was centralized – therefore, a security offering.　　He added that claims of it being decentralized did not stand up when Krakens efforts generated the yield paid to stakers.　　“If you advertise that youre a very decentralized thing in such a way that it sounds like people are going to make money based on your effort, just that language can make it a security.”　　Under securities laws, the Howey Test determines whether a contract, scheme, or transaction meets the definition of a security. It focuses on determining whether investors paid money in a common enterprise with

2023-03-16Ethereum

Euler Hacker Gives out Stolen ETH to Random Users, Heres Whats Happening

Ethereum　　Euler Hacker Gives out Stolen ETH to Random Users, Here‘s What’s Happening　　28 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In an unexpected turn of events, the hacker responsible for the recent Euler Finance katapangang-gawa has returned 100 ETH to a random user who claimed to have lost their life savings in the hack.　　The user had requested that the hacker return 75 ETH, but surprisingly, the hacker sent 100 ETH instead. However, it remains unclear whether the user had genuinely lost funds during the hack, as there is no way to verify this claim.　　Previously, numerous users had asked the hacker to return 90% of the stolen funds to the Euler Finance team and retain 10% as a bounty reward. Despite these requests, the hacker has shown no signs of collaboration or cooperation with the team.　　Euler Finance, a decentralized finance (DeFi) platform, recently experienced a security breach, resulting in substantial losses for investors. In the aftermath, the hackers actions have attracted significant attention, as they returned 100 ETH to a random user. The user had reached out to the hacker, claiming to have lost their life savings, and requested the return of 75 ETH. Instead of fulfilling that exact request, the hacker returned

2023-03-16Ethereum

SEC Chair Hints At Clear Jurisdictional Rights Over Ethereum

Ethereum　　SEC Chair Hints At Clear Jurisdictional Rights Over Ethereum　　Balita ng Ethereum ng Bitcoin　　Two of the biggest US regulators – SEC and CFTC – are once again locking horns over their jurisdictional rights on cryptocurrencies. On Wednesday, March 15, SEC Chair Gary Gensler once again stressed that all Proof-of-Stake tokens and digital assets should be treated as securities.　　Gensler‘s comments came just a week after the CFTC stressed that Ethereum should fall under the ’commodities category. Besides, the derivatives market regulator said that since the Ether futures have been trading on the CFTC exchange, they must fall under their jurisdiction.　　Theres a lot of regulatory confusion particularly over Ethereum as the network transitioned from a Proof-of-Work to a Proof-of-Stake blockchain last year in 2022. Proof-of-Stake is a process wherein crypto holders get financial rewards by letting them use some of their cryptocurrencies in validating transactions.　　Gensler stated that promoters of the PoS projects attract investors by offering an expectation of earning returns. “I would suggest that each of these token operators, obviously consulting with the appropriate talent, seek to come into compliance,” he said.　　SEC Chair on Ethereum　　Genslers comments came in response to a question that asked that there was an obvious disconnect between the

2023-03-16Ethereum

Crude Oil: Lets Get to the Bottom of Where Prices Are Headed

Kabuhayan　　Crude Oil: Umabot Natin sa Ibaba kung Saan Patungo ang mga Presyo　　21 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The price of Crude Oil futures is under pressure Wednesday. The financial media is drawing a straight line from weakening Treasury yields and stock prices to a weak economy and less demand for crude oil. I wont argue against that kind of thinking, but I want to focus on where oil futures could be going in in the short-term.　　Lets go to the charts.　　In the weekly close-only line chart of the continuous futures contract (a series of nearby futures contracts linked together to make a longer-term chart) below, I can see that prices are breaking downward from a three-month sideways consolidation pattern in the $80-$70 area. Prices are pushing down into a zone of potential support (prior resistance) in the $70 to $60 area. Weakness below the midpoint of this area (below $65) will mean that the odds rise that the support will be broken.　　Trading volume has been diminishing and the weekly OBV line has been weakening since the middle of June. The Moving Average Convergence Divergence (MACD) oscillator is bearish.　　In the daily Point and Figure chart of the Light Crude Oil continuous

2023-03-16Industriya

Los Angeles Chargers No Longer Wonder What’s Their Line As Trey Pipkins Returns On Three-Year Deal

Kabuhayan　　Ang mga Charger ng Los Angeles ay Hindi Na Nagtataka Ano ang Kanilang Linya Habang Nagbabalik si Trey Pipkins Sa Tatlong Taong Deal　　19 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Los Angeles Chargers right tackle Trey Pipkins III (79) wont be on the move next season as the　　Copyright 2021 Ang Associated Press. Nakalaan ang lahat ng mga karapatan.　　The new NFL year is bringing a new-look to the Los Angeles Chargers offensive line, with a touch of something familiar.　　Trey Pipkins III, L.A.s right tackle, has agreed to a fresh deal in exchange for forgoing free agency. The parties agreed to a three-year, $21.7 million contract, according to various reports.　　Pipkins gradually worked his way into a significant role with the Chargers as he started 14 games last season. Many of those assignments came with Pipkins playing through a knee injury, which was among the reasons his stock rose with the Chargers.　　Someone not returning is right guard Matt Feiler, as he was shown the door to supply $6.5 million in salary-cap relief and to make room for Jamaree Salyer.　　It was Salyer, a sixth-round pick last year, who did wonders in helping to save the Chargers season. When Pro Bowl left tackle Rashawn Slater exited

2023-03-16Industriya

Science Says You Can Heal From A Breakup With Food

Kabuhayan　　Sinasabi ng Agham na Magpapagaling Ka Mula sa Isang Paghihiwalay Sa Pagkain　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　For an overwhelming segment of the population, the trauma of a breakup creates a beeline for so-called comfort foods: tubs of ice cream, pizza, cake or other sugary, processed foods. Just ask the makers of Mexican ice cream brand, Elena‘s Halados who have capitalized on heart break cravings with their special edition product, ’Adios Amor Adios‘ that features flavors such as Denial, Anger, Sadness, Acceptance and Hope. But according to Ashley Gearhardt, a researcher at University of Michigan’s FAST (Food Addiction Science and Treatment) Lab, the reward mechanism that is triggered in the brain by high calorie foods during a period of stress or anxiety is short lived, and can give way to negative emotions such as depression, fatigue, regret and anger. A 2019 analysis of 15 studies across more than 45,000 participants, confirms that diet is correlated with feelings of well-being and that consumption of healthy foods such as vegetables and fruits is associated with the most profound psychological benefits following stressful periods, such as a breakup.　　While most people crave comfort food like cake and ice cream following a breakup, scientific　　makulit　　In

2023-03-16Industriya

Gensler suggests staking token operators should seek to come into compliance’

Teknolohiya　　Iminumungkahi ng Gensler na ang mga operator ng token ng staking ay dapat magsumikap na sumunod　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　United States Securities and Exchange Commission (SEC) chair Gary Gensler has again suggested that proof-of-stake coins may be securities. He expressed his view on March 15 after a commission meeting on cybersecurity issues.　　Gensler was asked by reporters about his reaction to statements made by Commodity Futures Trading Commission chair Rostin Behnam at a Senate Agricultural Committee meeting last week that he felt stablecoin and Ether (ETH) were “going to be commodities.” Gensler replied, as reported in The Block:　　“The investing public is investing anticipating a return, anticipating something on these tokens, whether they‘re proof-of-stake tokens, where they’re also looking to get returns on those proof-of-stake tokens and getting 2%, 4%, 18% returns.”　　“Whatever they‘re promoting and putting into a protocol, and locking up their tokens in a protocol, a protocol that’s often a small group of entrepreneurs and developers are developing, I would just suggest that each of these token operators […] seek to come into compliance, and the same with the intermediaries,” he continued.　　Gensler has voiced his opinion on proof-of-stake coins before. In September, after the Ethereum Merge, Gensler

2023-03-16Industriya

Congressman Emmer attacks FDIC for weaponizing bank closures to attack crypto

crypto　　Inaatake ni Congressman Emmer ang FDIC para sa pagsasanda ng mga pagsasara ng bangko para atakehin ang crypto　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank.　　FDIC weaponizing banks　　Emmer shared the letter on Twitter, declaring that “the FDIC is weaponizing recent instability in the banking sector to purge legal crypto activity from the U.S.” The Congressman believes federal financial regulators have weaponized their authority to purge legal digital asset entities and opportunities from the U.S., leading to broader economic instability.　　Pinagmulan: Twitter　　In the letter, he also questioned the allegation that the FDIC instructed banks not to provide crypto firms with banking services and asked whether they have communicated to any banks that their supervision will be “more onerous” if they take on new or maintain existing digital assets clients.　　He also asked what guidance the FDIC has provided to financial institutions to “help them manage and mitigate the risks of rising rates,” comparing the “risky” volatility in crypto with the

2023-03-16Industriya

VW And GM Are Passing Tesla In The Race To Sell Affordable EVs

Kabuhayan　　Ipinapasa ng VW At GM ang Tesla Sa Karera Para Magbenta ng Abot-kayang EV　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Volkswagens ID. 2ALL, due in 2026, will have a base price of around $26,000 and travel up to 270 miles per charge.　　Volkswagen AG　　Elon Musk has teased the idea that Tesla would sell a widely affordable battery-powered model since 2006. He finally came close to announcing one this month, but still hasn‘t shared details. Competitors, including Volkswagen and General Motors, aren’t waiting to see what the mercurial billionaire decides to do and are already laying down plans for EVs priced at $30,000 or less.　　European auto giant Volkswagen on Wednesday said its readying the 25,000 euro ($26,400) ID. 2ALL, a compact hatchback, along with nine other new electric vehicles for sale by 2026. GM, which already has the Bolt, the top-selling EV in the U.S. priced below $30,000, is adding an electric version of the Chevrolet Equinox this year, starting at $30,000. Fisker Inc., which is preparing to start delivering electric Ocean SUVs in the coming weeks, plans to add the Pear, a small crossover with a $29,900 base price, in 2024.　　By comparison, the cheapest Tesla, an entry-level Model 3 sedan, costs

2023-03-16Industriya

Savers could end up being big winners after SVB collapse

Kabuhayan　　Ang mga nagtitipid ay maaaring maging malalaking panalo pagkatapos bumagsak ang SVB　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Some financial institutions are upping the yields on some of their deposit accounts after the failures of Silicon Valley Bank and Signature Bank (SBNY) sparked fears of potential bank runs.　　In an unusual move on Saturday per one industry analyst, Ally Bank (ALLY) increased the annual percentage yield on its 11-month, no-penalty certificate of deposit, or CD, to 4.75% from 4%. On Monday, UFB Direct — the online division of Axos Bank (AX) — hiked the rates on its money market and savings accounts from 4.55% to 5.02%.　　And Synchrony Bank (SYF), Discover (DFS), and Charles Schwab (SCHW) all came out with higher rates on brokerage CD offerings on Monday, even though Treasury yields— which those rates tend to follow — fell.　　These moves present an opportunity for savers to capitalize on bank jitters by securing higher rates for the money theyre socking away for emergencies or other earmarks.　　“Its interesting,” Ken Tumin, senior industry analyst at LendingTree and founder of DepositAccounts.com by Lending Tree, said of the recent bank moves. “It seems like a proactive way to offset any potential outflow of deposits.”　　“We price our

2023-03-16Industriya

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