Andrea Connor

@andixxthe

Katılım Ağustos 2009

17 Takip Edilen97 Takipçiler

Andrea Connor@andixxthe·24 Ağu

andrea is not doin homework..........

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Andrea Connor@andixxthe·22 Oca

Tired of Tinder? New app lets you swipe left and right on cryptocurrencies What do you get when you combine cryptocurrency charts with Tinder? Answer: Chinder, naturally, a new app that lets users swipe between cryptocurrency charts for Solana-based tokens. Swipe right to buy, and swipe left to keep browsing. The experiment comes courtesy of pseudonymous developer Virtual Facade, who developed the app as an extension of Unibot, a Telegram bot that lets users buy and sell cryptocurrencies and which recently expanded into the Solana ecosystem. “I think that all swiping and bag marrying jokes aside, I haven’t come across a product where you can consume a large amount of information and discover new on-chain charts quickly without having to go to the effort of opening multiple tabs,” Virtual Facade told The Block. Virtual Facade was happy to see the positive reception the app received from crypto traders, saying they were ready to run with the experiment “full steam ahead.” “The community has been extremely helpful and experienced members have reached out to assist and provide useful information and feedback,” the developer said. The app currently takes no fees of its own, but users who are new to Unibot will have Chinder set as their referrer, helping the protocol and receiving 10% off Unibot fees. Facade hopes to expand the app’s capabilities in the future. “There is a solid list of plans to expand with new features such as filters for user specific chart selection soon, allowing users to swipe through until they find something they’d like to buy,” Virtual Facade said. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Andrea Connor@andixxthe·21 Oca

Whale Accumulation Signals Bullish Reversal Amid Ongoing Bearish Trend On-chain data suggests whales may soon begin accumulating BTC, USDT, and USDC. This signals a bullish trend despite the current market downtrend. Shark and whale holdings of Bitcoin have reached a six-year low. Amid the current bearish trend sweeping through the crypto market, leading market intelligence platform Santiment has identified a potential key bullish signal. Santiment sees the optimistic signal in the potential activities of influential investors of Bitcoin (BTC), Tether (USDT), and USD Coin (USDC). In a recent tweet, Santiment highlighted that whale accumulation of Bitcoin, USDT, and USDC could be a crucial indicator for a possible recovery. The market sentiment analysis suggested that strategic accumulation by large holders may pave the way for a bullish reversal to reclaim last week’s 2-year high. It examined the current distribution tiers for Bitcoin and the top stablecoins, revealing a slight downturn in the shark and whale holdings. Specifically, Santiment’s analysis highlighted that wallets with 10-10K Bitcoin (BTC) presently constitute 66.27% of the total supply. This marked the lowest percentage since September 26, 2018. Meanwhile, the report underscored that the current supply represents the smallest quantity of BTC since June 20, 2023, with 12.99 million BTC. Notably, these tokens hold a market value exceeding $530 billion. Similarly, the shark and whale tiers for Tether (USDT) and USD Coin (USDC) showed interesting dynamics. Wallets holding 100,000 to 10 million USDT represent 33.98% of the supply. Those holding 100,000 to 10 million USDC account for 35.49% of the supply. Over the past six months, these wallets have decreased their holdings by 4.02% and 3.05%, respectively. Despite the current bearish trend, Santiment remains optimistic about the potential for another bull cycle, as witnessed in late 2023. Significantly, with the Bitcoin halving just under 14 weeks away, whales’ accumulation of BTC, USDT, and USDC is a key indicator that many traders are closely watching.

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Andrea Connor@andixxthe·20 Oca

Former IcomTech CEO sentenced to five years in prison for his role in crypto Ponzi-like scheme Former IcomTech CEO Marco Ruiz Ochoa was sentenced to five years in prison for his role in promoting the crypto firm which promised returns for investors, but federal prosecutors say was run more like a Ponzi scheme. Ochoa, 35, was sentenced on Friday before a U.S. district judge after pleading guilty in September to wire fraud. "Ochoa took advantage of the hype around cryptocurrency to con unsuspecting victims into investing in the IcomTech pyramid scheme. This significant sentence sends a message to anyone considering following in his footsteps: that path leads to serious prison time," U.S. Attorney Damian Williams said in a statement on Friday. Ochoa was also sentenced to two years of supervised release and was ordered to forfeit $914,000 in criminal proceeds, according to the Justice Department. IcomTech, an alleged crypto mining and trading company, promised investors profits in exchange for their purchase of "purported cryptocurrency-related investment products." Ochoa, along with others, promised profits from the companies’ crypto trading and mining arm that they said would result in daily returns. IcomTech's crypto trading and mining business did not exist, prosecutors said, and investor money was used for other schemes and personal expenditures. Promoting the company Promoters for IcomTech showed up to events in expensive cars and wearing luxury clothes in a move to appear successful, prosecutors said. "The atmosphere of these events was festive and designed to generate excitement about the schemes," they said. When investors began trying to withdraw money in 2018, they were then met with excuses, delays and hidden fees. "Despite these complaints, IcomTech promoters, including Ochoa, continued to promote IcomTech and accept victims’ investments," prosecutors said. By the end of 2019, IcomTech collapsed. The Commodity Futures Trading Commission also brought charges against Ochoa, and other IcomTech executives including David Carmona, Juan Arellano Parra and Moses Valdez in May. The CFTC said the group targeted Spanish-speaking communities. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Andrea Connor@andixxthe·18 Oca

Uniswap Unveils New Security Feature: Will It Boost UNI Demand? Uniswap Labs, the developer of Uniswap–a decentralized exchange, has introduced a new security feature called Permit2. Taking to X on January 18, the DEX developer said this update addresses the “infinite token allowances” vulnerability that hackers can exploit. This flaw risked user funds, and the new feature is meant to resolve this concern. Uniswap Sealing Infinite Token Allowance Risks In crypto, especially among decentralized finance (DeFi) protocols, the “token allowance” is permission initiated by the user granting smart contracts access to tokens. From there, assets can be moved. With this permission, it becomes possible for users to interact with dapps, chiefly protocols that utilize user funds. Some of these dapps include, for instance, decentralized exchanges like Uniswap or lending platforms like Aave or Maker. While useful, “token allowance” can be exploited by hackers via “infinite token allowance,” where hackers can infinitely access and illegally withdraw funds from wallets, draining them as a result. Once a wallet has been compromised, it can be drained without the user’s knowledge since the compromised code already permits the hacker to move funds. Aware of this risk, Uniswap Labs is introducing the open-source Permit2 as a solution. The tool, the DEX developer says, will give users more protection and, more importantly, control over digital assets. A key feature of Permit2 is that users can set time limits on token approvals. Third parties can only access funds within a specific period in this arrangement. Additionally, the tool introduces a reusable token approval for simplicity. With this feature, end users don’t have to repeatedly grant access to their funds for each transaction. On the gas-saving fronts, Uniswap Labs say Permit2 also utilizes signature-based approvals and transfers. This means the tool can reduce gas fees when users transfer tokens. Uniswap Building, UNI Remains Under Pressure This enhancement precedes the upcoming release of Uniswap v4, which introduces Hooks. This new feature provides developers with more flexibility and control over their applications. Analysts say the launch of Uniswap v4 and Uniswap Labs’ continuous enhancement to improve security might cement the DEX’s position. #Cryptocurency #CryptoNews #coin

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Andrea Connor@andixxthe·18 Oca