Ang mga nagpapautang sa Mt. Gox ay nag-alok ng bagong pag-asa sa bagong pagsisimula ng pagbabayad na email

Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have received a new email hinting at soon-to-come repayments.  On Nov. 21, Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchanges estate, started sending out emails to rehabilitation creditors regarding the commencement of repayments, according to multiple social media reports. One Mt. Gox creditor confirmed receiving the email from the trustee to Cointelegraph, noting that the email was in Japanese and English.  The Kobayashi email on social media states that the trustee plans to start the first repayments to creditors in cash in 2023. Kobayashi expects to continue the repayments in 2024 but did not provide the specific timing of repayments to individual rehabilitation creditors. According to the email:  “Due to the large number of rehabilitation creditors who will receive repayment, the varying types of repayments, the different preparation and processing times required to make the repayment, repayments will continue into 2024.”  The social media reports came as the Mt. Gox trustee announced the redemption of trust assets on Nov. 22. According to the official document, the rehabilitation trustee received the redemption of 7 billion Japanese yen ($47 million) to fund the repayment of the

2023-11-23Industriya

Inihayag ng Serenity Shield ang StrongBox®️ Mainnet, Isang Rebolusyonaryong Paglukso sa Digital Security

In a groundbreaking move, Serenity Shield has unveiled the StrongBox®️ DApp on the mainnet, marking a pivotal moment in the realm of digital asset security. This innovative blockchain-based solution offers a transformative approach to safeguarding various digital assets, including PDF files, documents, audio, video, text, and cryptocurrencies, setting new standards for privacy and security.  Decentralized Security for the Digital Age  StrongBox®️, built on blockchain technology, introduces a privacy-preserving, encrypted data storage solution that ensures the secure storage of users digital assets. Unlike conventional methods that rely on centralized databases or cloud services, StrongBox®️ provides a decentralized storage solution, significantly enhancing security against breaches, hacking, and unauthorized access.  This shift from centralized systems to a decentralized Cloud 3.0 model ensures that data is fragmented, passing through nodes and various servers, and never held in a single location. This groundbreaking approach not only improves security but also allows for user-controlled access to data and features an innovative inheritance solution for secure asset transfer.  One of the key strengths of StrongBox®️ is its scalable storage capacity of up to 1 PetaB (1000TB), making it an ideal solution for both B2B and B2B2C markets. By eliminating the need for traditional cloud storage services, firewalls, cybersecurity, and backups typically

2023-11-23Industriya

Ethereum Active Addresses Spike, What Does It Mean?

On-chain data shows the Ethereum active addresses have observed a large spike recently. Here‘s what this could mean for ETH’s price.  Ethereum Daily Active Addresses Have Seen A Surge Recently  Ayon sa data mula sa on-chain analytics firm Santiment, the ETH active addresses are currently at their second-highest level since the middle of September. The “active addresses” here refer to those addresses on the Ethereum blockchain that are taking part in some sort of transaction activity.  In the context of the current discussion, the unique number of these active addresses is of interest. Note that this metric takes into account both the senders and receivers.  The active addresses may be considered analogous to the unique users present on the network, so their number can provide hints about the degree of traffic that the chain is observing right now.  When the value of the indicator is high, it means that the ETH network is receiving a large amount of traffic currently. This could be a sign that there is high interest in the asset among the traders.  On the other hand, the metric being low implies the market is uninterested in the asset currently as not many users are engaging with the blockchain at the moment.  Now, here

2023-11-23Ethereum

Ang Celsius Network ay Lumiko sa Bitcoin Mining habang Nagsasara ang Halving

Bankrupt cryptocurrency exchange Celsius Network is turning to Bitcoin (BTC) mining according to the news agency Reuters. The decision comes after regulators showed skepticism towards the company‘s other “planned business lines.” Celsius was among the firms that went down during the Luna ecosystem collapse in 2022. The company’s former CEO Alex Mashinsky was arrested on criminal and civil charges in July.  A Chance For Revival  A Manhattan court had approved the companys Chapter 11 plan earlier this month. The restructuring plan will include returning cryptocurrency to customers and creating a firm owned by the company creditors, according to Reuters. The crypto exchange was valued at $3 Billion before falling into bankruptcy.  The company halted user withdrawals, transfers, and swaps citing “extreme market conditions” in June 2022. They reportedly had 1.7 Million users onboard. They cut 23 percent of the staff in the following month. CEO of data aggregator KeyFi, Jason Stone, accused the exchange of operating like a ponzi scheme.  Bitcoin mining is growing in the United States after China called for a blanket ban on all activities related to the sector in 2021. The balance of power was distributed among countries like the US, Kazakhstan, Canada, and more. However, data aggregator Statista shows

2023-11-23Industriya

Ethereum Price Recovery In Trouble? Here Are Key Hurdles To Fresh Increase

Balita ng Ethereum ng Bitcoin  Nagpumiglas ang Ethereum upang limasin ang paglaban ng $ 2,070 at naitama nang mas mababa.  Ang presyo ay kinakalakal sa ibaba $2,000 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 1,990 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).  The pair could start a fresh increase if it clears the $2,000 hurdle.  Presyo ng Mata ng Ethereum Mataas na Pagtaas  Ethereum price failed to clear the $2,070 resistance and reacted to the downside. ETH declined below the $2,000 support zone after reports of Binances settlement, like Bitcoin.  The bears even pushed the price below the $1,950 support zone and the 100-hourly Simple Moving Average. However, Ether stayed above the $1,920 support zone. A low was formed near $1,930 and the price is now attempting a fresh increase.  Ethereum broke the 23.6% Fib retracement level of the recent decline from the $2,068 swing high to the $1,930 level. However, it is still below $2,000 and the 100-hourly Simple Moving Average.  On the upside, the price is facing resistance near the $1,990 zone. There is also a key bearish trend line forming with resistance near $1,990

2023-11-22Ethereum

Pagpuna sa Ethereum (ETH) mula sa Bloomberg Analyst hanggang SEC!

As the SEC continues to increase its pressure on the cryptocurrency industry, the SECs latest target was the leading crypto exchange Kraken.  Commenting on the case, Bloomberg Intelligence analyst James Seyfartt said that the Kraken case is similar to the Coinbase case.  While the SEC argued that Solana (SOL), Cardano (ADA), Algorand (ALGO) and 13 other major altcoins are securities, Seyfartt stated that these altcoins are still under review within the scope of previous cases filed by the SEC.  At this point, Seyffart, who criticized the SEC for its actions, pointed out that the SEC has not yet taken any stance on Ethereum (ETH).  This lawsuit against Kraken sounds to me like the same thing as the Coinbase lawsuit, but in this case Kraken was accused of mixing customer assets with company assets, among other allegations.  Specifically, cryptocurrencies, which the SEC claims are securities, were included here. This list includes 16 cryptocurrencies explicitly listed here, including Solana, Cardano, and Algorand.  However, I would like to point out that Ethereum is not on that list. “I think the SEC is doing this on purpose, this move by the SEC is a conscious decision to leave ETH closed.”  James Seyffart stated that the SEC did not take a clear

2023-11-22Ethereum

What is Behind Binances $3.9 Billion USDT Transaction?

Balita ng Ethereum ng Bitcoin  Binance moves a massive $3.9 billion in USDT, raising eyebrows in the crypto community.  The transaction coincides with reports of a potential $4 billion settlement with the U.S. Department of Justice.  “The timing and scale of Binances transfer are intriguing, to say the least,” observes a leading crypto analyst.  This article explores the implications and community reactions to Binances substantial USDT transfer amidst talks of a significant settlement with the U.S. DOJ.  The Massive $3.9 Billion USDT Movement by Binance  In a move that has captured the attention of the crypto world, Binance, one of the largest cryptocurrency exchanges, transferred a staggering $3.9 billion in USDT between its wallets. This transaction, executed on November 9, involved moving funds from “Binance-Cold 2” on the Tron network to “Binance 3.” What makes this transfer particularly notable is not just its magnitude but also its timing, occurring just days ahead of a Bloomberg report about a potential $4 billion settlement with the U.S. Department of Justice.  Contextualizing the Transfer Amidst DOJ Settlement Reports  The communitys intrigue was further fueled when, on November 20, reports emerged suggesting that Binance might be nearing an agreement with the DOJ. This purported deal, which could amount to $4 billion in

2023-11-22Industriya

21Shares analysis reveals the resilience of Ethereum growth

In the tumultuous crypto landscape, while global attention is often monopolized by Bitcoin, an in-depth analysis by 21Shares reveals that Ethereum is emerging as a resilient and growing player.  Despite recent challenges, including a hacker attack, we will explore the remarkable recovery of the second-largest cryptocurrency by market capitalization, with a close look at the outstanding performance and partnerships that outline a promising future.  21Shares: the In-Depth Analysis of Ethereum Performance  In recent times, the cryptocurrency landscape has been dominated by the narrative focused on Bitcoin, with its performance and growing reputation as a haven in times of instability in traditional financial markets.  However, it is important to note that significant events, such as Ethereum recent recovery, could have equally significant impacts.  Despite an overall loss of 7.82% recorded in the last week, the price of ETH showed a remarkable 12.54% increase in a single night, significantly surpassing previous figures.  While the drop can be primarily attributed to a hacking attack, the positive developments can be traced back to the growing calls for the approval of an Exchange-Traded Fund (ETF) dedicated to this digital currency and the return to Junes fee and “burn rate” levels.  Factors favoring Ethereum positive momentum  The push for cryptocurrency has been fueled by

2023-11-22Ethereum

Could Bitcoin reach $220,000 within the next halving?

The Bitcoin (BTC) block subsidy halving is a highly expected event by Bitcoin investors that happens approximately every four years (210,000 blocks).  Essentially, with the reduction of Bitcoin‘s supply inflation by half, many analysts foresee a price increase for the leading cryptocurrency after the halving. These projections are all based on BTC’s past performance, from which analysts may have divergent opinions.  It is important to understand that past price action will not necessarily be repeated in the future, as many factors directly influence an elastic demand. Nevertheless, previous patterns could offer valuable insights for financial forecasts.  Bitcoin Archive price forecast at $220,000 per coin  Nang kawili-wili, is pagtataya Bitcoin will trade above the $220,000 mark over the next 18 months. Its forecast is based on Bitcoins last halving surge of six times the traded price 12 months after the reduction, crossed with BTC price at $37,183 by the post time.  However, the “6x” price surge in the previous halving was counted from the halving itself. This means that considering the price on November 21 could result in non-accurate projections. Bitcoin is volatile, and its price may change in the following months, which would directly affect this analysis.  Moreover, it is notable how the upward movement was

2023-11-22Bitcoin

Magsusubok muli ba ng $30K ang Presyo ng Bitcoin? Kumuha ng Mga Insight Dito

Balita ng Ethereum ng Bitcoin  Analysts led by Gautam Chhugani at Bernstein also revealed that Bitcoin miners are conducting approximately half a billion dollars worth of coin sales monthly.  Woo believes that, based on the analysis of the Bitcoin Cost Base Density map, the price of Bitcoin will not fall below $30,000 again.  Since the 2021 Bitcoin bull run, the weekly Relative Strength Index (RSI) has exceeded 70 for the first time, indicating that Bitcoin is currently in overbought territory.  Will Bitcoin Price Test 30K Dollars Again? Insights into BTCs future with the current on-chain map!  Will Bitcoin Price See $30,000 Again?  In the last two weeks, Bitcoin (BTC) has struggled to surpass the $37,500 level, and signs indicate a possible decline. With the crypto market increasingly turning towards altcoins, technical indicators suggest a change in momentum.  The magnitude of Bitcoins correction could depend on whether large whale holders reduce their selling pressure. Analysts led by Gautam Chhugani at Bernstein also revealed that Bitcoin miners are conducting approximately half a billion dollars worth of coin sales monthly.  Willy Woo, a partner at CMCC Crest, believes that, based on the analysis of the Bitcoin Cost Base Density map, the price of Bitcoin will not fall below $30,000 again. According

2023-11-22Bitcoin
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