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Win $120k in FLOW Tokens: Play Bloxmith’s Raiders Rumble Now!

• Bloxmith has launched its web3 game, Raiders Rumble, on the Flow blockchain.
• Players can win $120,000 in FLOW tokens by playing the game.
• The game is available for download on Google Play Store and the Apple Store.

Raiders Rumble Launches on The Flow Blockchain

Bloxmith, a player-first Web3 gaming studio, announced that its Raiders Rumble game has launched on the Flow blockchain. The game is now available for download from both the Google Play Store and Apple Store.

Features of Raiders Rumble

Raiders Rumble is a unique 1v1 squad battler mobile game powered by Flow blockchain technology. It challenges players to apply fast-paced strategic decision-making in order to counter their opponents‘ moves. There are also daily tournaments where top 50% participants can win in-game items or RUMB tokens – the native token of Raiders Rumble game. Playing this game does not require any cryptocurrency wallet or NFTs.

Comments From Co-Founder & CEO Wayne Lee

Co-founder and CEO of Bloxmith, Wayne Lee commented: “For our first game, we wanted to pioneer a new type of competitive mobile strategy game that would help bridge the gap between traditional and Web3 gamers. We are delighted to be working on the Flow blockchain – it solves the scalability problem for games and digital collectibles… With frictionless onboarding, social logins and familiar payment methods, Flow is built from the ground up to make it easier for mainstream users and brands to transition from Web2 to Web3.“

Comments From Head of Product at Flow

Chirag Narang – Head of product at Flow said: „Raiders Rumble is a compelling example of a mobile game that can simultaneously appeal to a mainstream audience while introducing them to the power of Web3 gaming powered by Flow…The Bloxmith team’s innovative take on game design and player onboarding aligns strongly with Flow’s vision and goals for our ecosystem.“

Inaugural Competition & Prize Money

Players who do well in Raider’s Rumble have an opportunity to win $120 000 worth FLOW tokens through an inaugural competition organised by Bloxmith team.

Silvergate Stock Plummets 50% – Here’s What Happened

• Silvergate Capital Corp’s stock was cut nearly in half after delaying the submission of its annual 10-K report.
• JPMorgan analyst downgraded Silvergate stock to „underweight“ citing liquidity challenges and deposit outflows.
• Coinbase also announced it had stopped payments to or from the crypto bank as well.

Silvergate Stock Plummets

Silvergate Capital Corp (NYSE: SI) saw its stock price plummet by nearly 50% on Thursday after announcing a delay in submitting its annual 10-K report. This follows an existential crisis for the crypto bank due to the FTX fiasco that occurred in early November.

JPMorgan Downgrade

JPMorgan analyst Steven Alexopoulos downgraded the financial services company to „underweight“ citing continued liquidity challenges and short-sellers contributing to a bank-run of sorts with Silvergate reporting greater than expected deposit outflows in Q4. This could further weigh on their capital ratio.

Canaccord Genuity Downgrade

Analysts at Canaccord Genuity also downgraded Silvergate stock on Thursday and trimmed their price target o $9.0 a share, leaving investors with an uncertain future for the company’s stock price.

Coinbase Ceases Payments

Coinbase also announced today that it had stopped payments to or from the crypto bank, adding more uncertainty for shareholders about what this means for long term investments in Silvergate stocks.

Conclusion

Overall, investors are left with an uncertain future for Silvergate stocks as multiple analysts have downgraded them recently and Coinbase has ceased payments to or from the crypto bank leaving many wondering if they should continue holding onto their investments or not.

Chain Reaction Raises $70M to Develop Next-Gen Blockchain Chip!

• Israeli startup Chain Reaction has successfully raised $70 million to develop its blockchain chip.
• The new chip will be a „fully homomorphic encryption“ chip that allows users to access data under encryption.
• Chain Reaction plans to launch the chip by end of 2024 and start the mass adoption of its current blockchain chip Electrum in the first quarter of 2023.

Israeli Startup Chain Reaction Raises $70M

Israeli-based startup Chain Reaction has successfully raised $70 million to support the development of its next blockchain chip. The funds will go towards expanding the startup’s engineering team working on developing the next chip, which is planned for launch by end of 2024.

Next Generation Blockchain Chip

The new chip will be a „fully homomorphic encryption“ chip that will allow users to work on data while the chip is encrypted. CEO and co-founder Alon Webman noted that organizations and major industries that would otherwise use cloud services are restricted from doing so because of security concerns since once the data is decrypted it becomes vulnerable to malicious users looking to read, steal or change it.

Current Blockchain Chip Electrum

Chain Reaction also plans to start mass production in the first quarter of 2023 for their current blockchain chip Electrum. This chips is designed to support fast and efficient hashing and could also be used for mining cryptocurrencies.

Intel & Nvidia Corporation Chips

Chain Reaction is not the first company to develop a blockchain chip since software developer Intel in February 2022 partnered with Nvidia Corp to launch a blockchain chip. Nvidia also individually produces chips specific for Ethereum mining.

Conclusion

The new fully homomorphic encryption chips developed by Chain Reactions and others offer an increased level of security when dealing with sensitive data, allowing organizations and individuals more freedom when using cloud services without fear of malicious interference or theft.

Wirex and Visa Partner Up: Crypto Cards Now Available in 40+ Countries

• London-based digital payment company Wirex has announced a long-term service agreement with Visa which will allow them to offer crypto card services to more countries around the world.
• The move is a great milestone for Wirex because it will allow the company to reach customers in new markets including the UK and APAC markets.
• Customers of Wirex will be able to use their cryptocurrency assets to make payments at about 80 million locations where Visa is accepted around the world and receive 8% cashback instantly.

Wirex Partners With Visa

Wirex, a London-based digital payment company, has recently announced a long-term service agreement with Visa. This agreement will allow Wirex to extend its crypto card services to over 40 countries around the world, including UK and APAC markets.

Benefits for Customers

The main objective of this partnership between Wirex and Visa is to introduce more crypto-linked payment methods for customers in different markets across the globe. With this new agreement, customers of Wirex will be able to use their cryptocurrency assets when making payments at approximately 80 million locations worldwide where Visa is accepted. Additionally, they can receive 8% cashback instantly when using their cards.

Previous Milestones of Wirex

Wirex was one of the first companies to introduce crypto-card services back in 2015, through its partnership with Visa. In 2020, it officially became a principal member of Visa in Europe and then went on to raise $15 million in its Series B funding round later that same year.

Future Plans

Moving forward from this global partnership with Visa, Wirex now has its sights set on finalizing another card partnership related Australia within coming weeks as part of its plans for further expansion into international markets.

Conclusion

This long-term service agreement between Wirex and Visa is expected to have a major positive impact on both companies by allowing them reach customers in different parts of the world while also introducing more crypto-linked payment options for these customers.

Cryptocurrency Ban Urged: Charlie Munger Wants US to Follow China’s Lead

• Charlie Munger, Vice Chairman of Berkshire Hathaway, has called on the US government to ban cryptocurrency trading.
• He believes cryptocurrencies have no real value and are a form of gambling with a near-100% edge for the house.
• China recently announced a strict ban on crypto-related services, and Munger urged the US to follow its example.

Charlie Munger Wants Cryptocurrency Ban in U.S.

Charlie Munger, Vice Chairman of Berkshire Hathaway, has called on the US government to impose an absolute ban on cryptocurrencies. He believes that these digital assets have no real value as they are intangible and unproductive. Furthermore, he views cryptocurrency as a form of gambling with a near-100% edge for the house.

China Sets Precedent

Munger praised China for recently announcing a strict ban on crypto-related services and urged the United States to learn from its example. He also pointed out that England imposed an absolute ban on all public trading in new common stocks for about a century which could serve as another precedent for the U.S..

Warren Buffet Agrees

It is noteworthy that his longtime business partner Warren Buffet shares his view on cryptocurrencies as well. Both men believe that it’s important to protect investors from speculative investments that lack any underlying value or intrinsic worth and can result in substantial losses if mismanaged or manipulated by malicious actors.

Crypto Market Performance

Despite Munger’s opinion, crypto market is having a fantastic start this year with Bitcoin currently up nearly 40% since January 2023 due to increased institutional interest and corporate adoption of blockchain technology across multiple sectors including finance, healthcare, energy etc..

Conclusion

Overall it is clear Charlie Munger does not approve of cryptocurrencies being bought by retail investors without fully understanding their risks associated with them; he believes governments should take steps to protect citizens from such speculative investments which can lead to significant losses if mismanaged or manipulated by malicious actors

Yield App Acquires Trofi Group, Bridging Traditional Finance and Crypto

• Yield App, a digital wealth platform, has acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies.
• The acquisition adds four new structured products to the Yiled App product suite.
• The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC.

Yield App, a leading digital wealth platform, has recently acquired Trofi Group, a platform that specializes in providing structured solutions for cryptocurrencies. The acquisition adds four new structured products to the Yiled App product suite, giving users more options and flexibility when it comes to managing their digital assets.

The team at Trofi Group brings a wealth of experience in derivatives desks at JP Morgan and HSBC. Their knowledge and expertise in the crypto-structured products arena will help Yield App to bridge the gap between traditional finance and the crypto world. With the addition of Trofi Group, Yield App will now be able to provide its customers with a range of market-leading products that offer higher yields and more secure custody of digital assets.

The CEO of Yield App, Tim Frost, has commented on the acquisition, saying: “The acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena, making us one of only a few platforms to bridge the gap between traditional finance and crypto. We are grateful to the team at Trofi for trusting us to continue their excellent work in bringing enhanced yield structured products to crypto. We look forward to leveraging their experience and technology to provide our customers with the best possible user experience.”

The acquisition of Trofi Group is a major step forward for Yield App and the digital wealth space in general. It gives users a broader range of products to choose from, and the knowledge and expertise of the Trofi team will be invaluable in helping Yield App to further improve its product suite. With this acquisition, Yield App is well positioned to become one of the leading digital wealth platforms in the world.

SSV Network Launches $50M Ecosystem Growth Fund to Fuel Liquid Staking

• SSV Network launched a $50 million ecosystem growth fund to grow its liquid staking infrastructure.
• Liquid staking has seen strong growth due to the upcoming Ethereum Shanghai upgrade.
• Lido DAO is the biggest liquid staking provider in the world and SSV’s token has grown by 91% this year.

SSV Network has been making waves in the blockchain industry in the past year. The company has launched a $50 million ecosystem growth fund to help grow its liquid staking infrastructure. Liquid staking has been seeing strong growth in recent times due to the upcoming Ethereum Shanghai upgrade. This has allowed many companies to benefit from the new technology and more investors have been entering the space.

Lido DAO has emerged as the biggest liquid staking provider in the world. The company has seen its tokens grow by over 91% this year, making it one of the most successful projects in the space. SSV Network has followed a similar trajectory, launching its own $50 million fund to accelerate the growth of its liquid staking infrastructure.

The fund will be used to support developers working on the distributed validator technology (DVT) solution. SSV Network has already allocated a $3 million fund and $10 million in 2022 to projects like Ankr, Stader, and Moonstake.

The company is also looking to expand its reach to other areas of the blockchain industry, such as DeFi and NFTs. It is already working on partnerships with leading companies in the space to expand its reach.

This move is a testament to the company’s commitment to the industry and its commitment to providing the best technology for liquid staking. With the fund in place, SSV Network is well positioned to continue its growth and become a leading provider of the technology in the coming years.

AGIX Price Soars 200%: SingularityNET Delivers Impressive Achievements in 2022

• AGIX price has surged by over 200% from its lowest point in 2022.
• SingularityNET is a blockchain project that seeks to incorporate concepts on artificial general intelligence (AGI).
• Some of the most important achievements made by SingularityNet in 2022 were its AI model training and the initiation of decentralised portfolio management protocol.

The digital asset AGIX has seen its price defy gravity in the past few days, surging by over 200% from its lowest point in 2022. The token, which is part of SingularityNET’s blockchain project, is now trading at its highest point since October 14. The coin has seen its market cap surge to more than $115 million.

SingularityNET is a blockchain project that seeks to incorporate concepts on artificial general intelligence (AGI) that is not dependent on any central entity. It is built on top of Cardano’s blockchain and its top partners include Ocean Protocol, Cisco and Binance Connect. Its ecosystem has been constantly growing and it now includes projects in industries like DeFi, gaming, arts and enterprise AI, among others.

The most important achievements made by SingularityNet in 2022 were its AI model training and the initiation of decentralised portfolio management protocol. SingularityDAO, a decentralised portfolio management protocol, was designed to enable anyone to safely and easily manage their crypto assets. Nunet, on the other hand, builds infrastructure providing distributed computing and storage for decentralised networks. Additionally, the platform has also launched other projects like Rejuve, Sophia Verse, Awakening Health and Jam Galaxy, among others.

It is clear that SingularityNET’s token is gaining traction among investors, which is why its price is increasing. With an ever-growing ecosystem and a strong team of developers, there is no doubt that the project will continue to grow and bring more success in the future.

US Non-Farm Payrolls Data Could Impact Bitcoin Price: Analysts

• Bitcoin price has been in a tight range in the past few months, between last month’s low of about 16,285 and a high of 18,455.
• The next key catalyst for the BTC price will be the upcoming US non-farm payrolls data. Economists surveyed by Reuters expect the economy to have added more than 200k jobs and the unemployment rate to remain at 3.7%.
• If the numbers are accurate, it means that the economy added millions of jobs in 2022 and wages held steady in December.

The past few months have seen Bitcoin price remain in a consolidation phase. BTC/USD has been trading between last month’s low of about 16,285 and a high of 18,455. This represents a drop of more than 22% from the highest level in November. The next key catalyst that could influence the Bitcoin price is the upcoming US non-farm payrolls (NFP) data.

Economists surveyed by Reuters believe that the US economy added more than 200k jobs to the workforce while the unemployment rate held steady at 3.7%. If this is accurate, it means that the economy added millions of jobs in 2022. Furthermore, the data is also expected to show that wages held steady in December, with the average hourly earnings rising by 5.0%. The participation rate is also expected to remain at 62.1%.

These numbers come a day after ADP published strong jobs numbers, showing that the US economy added 235k jobs. It is important to note that the US Federal Reserve has a dual mandate to ensure the inflation rate and unemployment rate remain steady. In 2022, the bank hiked rates by 450 basis points. The non-farm payrolls data will therefore come as a key indicator of the economic health of the US.

If the numbers are strong, it could signal a strong economy and could be bearish for Bitcoin. Investors could move away from BTC and into other more profitable assets such as stocks. On the other hand, if the numbers are weak, it could be bullish for Bitcoin. Investors could move into the safe haven asset in an effort to protect their investments from a weak economy.

Overall, the upcoming US non-farm payrolls data will be a key indicator of the economic health of the US and will have a direct impact on the Bitcoin price. It is therefore important for investors to keep an eye on this data in order to make informed investment decisions.

Create the Ideal Trading Desk Setup for Maximum Success

• A good trading desk setup helps to counter the stress of trading and increase the chances of success.
• Essential requirements for creating the ideal trading desk setup include an adjustable trading desk, comfortable chair, multiple monitors, keyboard, and mouse.
• Features such as ergonomics, quality, and price are important factors when choosing the right setup for you.

Creating the ideal trading desk setup is essential for day traders to manage and grow their portfolio. Comfortability is key when it comes to trading, and having the perfect setup helps to counter the stress of trading and increase the chances of success. When it comes to choosing the right setup for you, there are a few essential requirements to consider.

The first requirement is having an adjustable trading desk. A regular desk and a stock trading desk setup are two different things. Trading desks are designed to meet the specific needs of individual traders, such as the number and total weight of screen displays, the size and layout of the office, colour and aesthetics, as well as post-sale maintenance services and warranties. When looking for a trading desk, important features to consider include ergonomics, quality, and price.

The second requirement is having a comfortable chair. Sitting in an unfit chair for long periods can lead to back and neck pain, which can be very detrimental when trading. Therefore, it’s important to find a chair that is adjustable and fits your body perfectly. Look for features such as adjustable armrests, lumbar support, and adjustable height.

The third requirement is having multiple monitors. Multiple monitors allow you to view more information at once, making it easier for you to make decisions quickly. When looking for monitors, consider features such as size, resolution, refresh rate, and price.

The fourth requirement is having a keyboard and mouse. Investing in a good quality keyboard and mouse can help you to be more efficient and precise when trading. Look for features such as ergonomics, durability, and price.

Finally, you need to find the right setup for your needs. Investing in the right setup will help you to be comfortable and focused when trading, which is essential for managing and growing your portfolio. Consider factors such as ergonomics, quality, and price when looking for the best setup for you.

Creating the ideal trading desk setup is essential for day traders to manage and grow their portfolio. With the right setup, you will be able to counter the stress of trading and increase the chances of success. Consider the essential requirements mentioned above when creating the perfect trading desk setup for you.