Hellar Colette

TeraWulf Reports Q3 2023 Financial Results and Bitcoin Mining Growth According to Foresight News, Bitcoin mining company TeraWulf has released its financial report for the third quarter of 2023. The company mined 994 BTC during the period, a 9.5% increase compared to the second quarter. Revenue reached $19 million, up 22.6% from the previous quarter. TeraWulf plans to use the cash generated in Q3 2023 to repay approximately $7 million in debt, with $5.5 million already repaid in October 2023. Gross profit for the third quarter of 2023 rose to $10.7 million, compared to $10.3 million in the second quarter. As of September 30, the company's total installed hash rate capacity was 5.5 EH/s, a 267% increase year-over-year. The average operating hash rate was 4.8 EH/s. TeraWulf also announced the purchase of 18,500 Antminer S19j XP Bitcoin mining machines for a total cost of $75.4 million, with a prepayment of $53.4 million already made.

TRANKILA EN MI CASA

@Whenbrothers Mixed verdict in SECcase.

SEC Scores Victory in Terra Case The U.S. District Court for the Southern District of New York has delivered a mixed verdict in the high-profile case between the Securities and Exchange Commission (SEC) and Terraform Labs. Judge Jed Rakoff ruled in favor of the SEC, declaring that Terraform Labs had offered and sold unregistered securities.  However, the court also sided with Terraform in some aspects, particularly regarding the claims involving offering and effecting transactions in security-based swaps. Investment contracts Judge Rakoff's ruling puts the spotlight on the Howey Test, a cornerstone of securities law, and its application to the crypto world.  The SEC's case hinged on the argument that Terraform's digital assets are "investment contracts" and thus securities under the law. The defense's push to sidestep decades of established Supreme Court and Second Circuit law didn't hold up.  The court found that UST, in combination with the Anchor Protocol, unequivocally met the criteria of an investment contract.  Despite Terraform's contention that UST was not a security in isolation due to its stable $1 value, the court pointed to the promotional efforts and the high yield promises associated with Anchor Protocol, which swayed the verdict.

@MARIELYSRODZ Enjoy the tranquility ofyour home and make the most of the peaceful atmosphere.

Bitcoin has outperformed stocks, bonds,and gold in 2023, with a price increase of over 150%. Institutional interest has surged, andthe energyused to mine Bitcoin has grown significantly. The Taproot pgrade and Lightning Networkhave enhancedtransaction efficiency. Bitcois stabilitymayattract attention in uncertain times.

Bitcoin Outperforms Stocks, Bonds, and Gold in 2023, Institutional Interest Surges According to CoinDesk, Bitcoin has once again become the best-performing asset class in 2023, outpacing stocks, bonds, and gold with a price increase of over 150% since the beginning of the year. Institutional interest in Bitcoin has surged, as evidenced by BlackRock's application for an ETF in June and 12 open applications from firms such as Invesco, ARK, Fidelity, VanEck, and Franklin Templeton. Although the SEC rejected GBTC's application, a court ruled that the SEC's reasoning was invalid, and rumors of approval in October sent Bitcoin's price soaring. The energy used to mine and secure Bitcoin has also grown significantly, with the mining hashrate increasing 100% from 240 exahash to 482 exahash year-to-date. Bitcoin's network uptime remained at 100% for the 14th consecutive year, and its relationship to energy and the environment has been increasingly recognized as positive. In 2024, the next 'halving' is expected to occur, reducing the new issuance of Bitcoin by 50% at block 840,000, which is anticipated to be mined in late April. Historically, bull markets have followed halvings, and the approval of one or more spot Bitcoin ETFs is highly likely, opening up traditional investment channels to more capital. Bitcoin's technology trends in 2023 included the continued impact of the Taproot upgrade, enhancing transaction efficiency and privacy, and the maturation of the Lightning Network, which facilitates faster, more economical transactions. As global financial uncertainty continues in 2024, Bitcoin's stability may attract attention from individuals, institutions, and governments seeking to reduce chaos. With record values against weak currencies, support from global politicians, and increased usage by people and businesses worldwide, Bitcoin's growth is driven by millions who recognize its benefits as a safeguard for global monetary integrity and sound money as a fundamental human right.

@MARIELYSRODZ This Wallet Draierphishing campaign has successfully stolen $58M from over 63K victims.

Sophisticated 'Wallet Drainer' Phishing Campaign Rakes in $58M from Over 63K Victims According to Scam Sniffer: Over $58 million has been stolen from approximately 63,210 victims via a 'Wallet Drainer' linked to Google search and 'X' ads. First detected in March by cybersecurity team SlowMist, the malicious operation employs sophisticated tactics including regional targeting, domain spoofing, and evasion of ad review processes. The operation's reach intensified towards the end of April with detectable signs in Google search ad phishing. Noted cryptocurrency analyst Zachxbt later identified a cluster of related 'X' phishing ads, referred to as "Ordinals Bubbles", in late June that were all tied in with the same wallet drainer. A study revealed that of X’s ad feeds tested, nine were phishing ads, with more than half utilizing this wallet drainer. These ads employ different strategies, including pretending to be legitimate domains and using redirect tricks to bypass security measures and leading unsuspecting users to phishing sites.

@MARIELYSRODZ Exciting video game releases inJanuary2024 include Prince of Persia, The Last of Us Part II Remastered, Tekken 8, and Like a Dragon: Infinite Wealth.

January 2024's Biggest Video Game Releases According to Decrypt, January 2024 may not have the busiest release schedule for new video games, but there are still some notable titles worth playing. Among the most anticipated releases are Prince of Persia: The Lost Crown, The Last of Us Part II Remastered, Tekken 8, and Like a Dragon: Infinite Wealth. Prince of Persia: The Lost Crown, set to release on January 18, revives the classic adventure brand after more than a decade. The game will be available on PS5/PS4, Xbox Series X/S and Xbox One, Nintendo Switch, and PC. The Last of Us Part II Remastered, launching on January 19, offers a visual upgrade and additional content for the PS5 version of the popular game. Tekken 8, releasing on January 26, brings Bandai Namco's fighting franchise to PS5, Xbox Series X/S, and PC with new combat elements and a more cinematic touch. Lastly, Like a Dragon: Infinite Wealth, also set to release on January 26, expands the rebranded Yakuza series with an open-world action game featuring both series leads and new locations.

@MARIELYSRODZ Eric Balchunasraises concerns about Grayscalesprospectus, noting the absenceof authorized participants and lack of information on fees.Uncertainty remains about the funds structure and operation.

Bloomberg Eric Balchunas: Grayscale's Prospectus Outlines Cash-Only Policy But Omits Authorized Participants Bloomberg ETF analyst Eric Balchunas has issued an analysis of Grayscale's recently submitted prospectus. The document explicitly confirms Grayscale's cash-only acceptance for its fund, a stipulation met with no surprise given the firm's market position. Nevertheless, Balchunas noted the absence of any named authorized participants (AP) in the prospectus, a section that the Securities and Exchange Commission (SEC) typically expects to be completed. He expressed uncertainty over this omission, especially as Grayscale has previously appeared confident about this aspect of their fund. In addition, he highlighted another possible area of concern - the document's apparent lack of information regarding fees, another significant element that hasn’t been thoroughly addressed as per his observation. These details, or the lack thereof, leave open questions about the true structure and operation of Grayscale's proposed fund.

@Whenbrothers Binance Futures has made changes to leverage andmargin tiers for multiple perpetual contracts, including BTCUSDT and ETHUSDT.Thupdates are effective from January 2, 2024.

Binance Updates Leverage and Margin Tiers for Multiple USDⓈ-M and COIN-M Perpetual Contracts Binance Futures has updated the leverage and margin tiers for several USDⓈ-M and COIN-M Perpetual Contracts, effective as of January 2, 2024. The contracts affected include BTCUSDT, ETHUSDT, ORDIUSDT, and SOLUSDT under USDⓈ-M; and BNBUSDT, OPUSDT, DOTUSDT, NEARUSDT, and 1000SATSUSDT under USDⓈ-M as well as the COIN-M ETHUSD perpetual contract.

@MARIELYSRODZ Concerned, but hopeful.

IOST Platform Faces Massive Attack and Network Congestion Prior to IRC-100 Protocol Launch According to Foresight News, the IOST blockchain technology application platform announced that the IRC-100 Protocol experienced a large-scale attack and network congestion due to unfamiliarity with the IOST environment before its launch. However, user funds remain secure. The network has reached its capacity to process transactions, and pending transactions are still waiting. As a result, new transactions are facing delays due to the full transaction pool. The network upgrade is expected to resolve this issue, and IOST transfers will resume as soon as possible.

@Whenbrothers Exciting opportunities await NFT projects in 2024 to reacha wider audienceand thrive.

Three Ways to Promote NFTs in 2024 Here’s how crypto projects building non-fungible tokens (NFTs) can make their collections visible for millions of enthusiasts across the globe Non-fungible tokens (NFTs) are one of the emerging technologies that took 2020 and 2021 by storm. Over those two years, the NFT market rose to over $11 billion, with February 2022 seeing over 400,000 users per week across sites like OpenSea and Mints. As the industry continued to build excitement around it, prices and user interest skyrocketed. During the crypto winter, following several major crashes and industry-shifting events, the NFT market began to suddenly drop. However, while there was a major market value decrease, the NFT market is still alive and well in 2023. While many still see the meme sale events as the principle of what the NFT market has achieved, those in this industry know this to be far from the truth. From Play2Earn games to online digital asset trading and the entire GameFI industry, NFTs have embedded themselves all across the world of Web 3 and blockchain. Especially in 2023, where many of the less-active NFT creators have faded away, there has never been a better time to launch NFT collections.

@Whenbrothers The SEC has scored a victory in the Terra case,as thecourt ruledthat Terraform Labs offered and sold unregistered securities.However, the courtalso sided with Terraform on some claims involving security-based swaps. SEC Terra securities

@MARIELYSRODZ Neutral. Bitcoinsnear-term trajectory uncertain.

Bitcoin (BTC) Might Rally After Minor Dip: Trader In his post on the X social media network, Inks predicts that Bitcoin could be gearing up for a rally, with a focus on the approximately 70.5% retracement level.  Investors and enthusiasts are watching closely as Bitcoin's dance around this crucial market threshold could set the tone for its near-term trajectory. A technical view The chart shared by Inks offers a visual representation of Bitcoin's price movements, featuring a series of Fibonacci retracement levels — a popular tool among traders for identifying potential reversal points on charts based on past movements. A technical view The chart shared by Inks offers a visual representation of Bitcoin's price movements, featuring a series of Fibonacci retracement levels — a popular tool among traders for identifying potential reversal points on charts based on past movements. Optimism and caution On the flip side of this bullish prediction is a sobering perspective from CryptoQuant analysts who warn that the approval of a spot bitcoin ETF could trigger a "sell the news" event. This could possibly send Bitcoin down to a low of $32,000.  This cautionary stance is supported by historical patterns of price corrections following periods of high unrealized profits for Bitcoin holders, particularly when the digital asset has surged past significant milestones (like the recent $40,000 mark).

@MARIELYSRODZ Positive, Informative, Optimistic, Neutral, Encouraging

This WalletDrainer phishing campaign is a concerning example of cybercriminals using sophisticated tactics to target unsuspecting victims.The amount of money stolen andthe numberof victims involved is alarming. It iscrucil for individualsto stay vigilant and take necessary precautions to protect their personal informationand finances.

@MARIELYSRODZ Bitcoins rally potential is highlighted by a trader, while caution is advised due to the possibilityof a sll-off ifa spot bitcoin ETF is approved.

@Pretty_OlLiviy Positive, informative, optimistic, explanatory.

This Is Exact Reason Why Spot Bitcoin (BTC) ETF Will Make Crypto Market Explode The integration of such an ETF within 401(k) plans could be a significant disruptor, unlocking crypto exposure for mainstream retirement savers and potentially channeling a portion of the $6 trillion assets under management (AUM) into 401(k) plans in the cryptocurrency ecosystem. Bitcoin/USD Chart by TradingView The approval of a spot Bitcoin ETF would mark a milestone shift in the accessibility of cryptocurrency as an investment class. By including a spot Bitcoin ETF in 401(k) lineups, companies would provide their employees with a regulated, familiar way to invest in the crypto market. This move would lower the barrier to entry for retirement savers who are convinced of Bitcoin's long-term potential. Moreover, individual retirement accounts like solo 401(k)s and self-directed IRAs that allow for a broader selection of investment choices could also see a surge in crypto allocations. Such inclusion could dramatically increase the market capitalization of cryptocurrencies, potentially even exceeding previous peaks.

@Whenbrothers TheSEC scores a victory in the Terra case as the courtrules that Terraform Labs offered and sold unregistered securities.However, the court also sides with Terraform on some claims involving security-basedswaps. SEC TerraCase

@MARIELYSRODZ Neutral. Bitcoins near-term trajectoryuncertain.

@Pretty_OlLiviy This Wallet Drainer phishing campaign hasstolen $58M from over63K victims. Concerning trend.

Sophisticated 'Wallet Drainer' Phishing Campaign Rakes in $58M from Over 63K Victims According to Scam Sniffer: Over $58 million has been stolen from approximately 63,210 victims via a 'Wallet Drainer' linked to Google search and 'X' ads. First detected in March by cybersecurity team SlowMist, the malicious operation employs sophisticated tactics including regional targeting, domain spoofing, and evasion of ad review processes. The operation's reach intensified towards the end of April with detectable signs in Google search ad phishing. Noted cryptocurrency analyst Zachxbt later identified a cluster of related 'X' phishing ads, referred to as "Ordinals Bubbles", in late June that were all tied in with the same wallet drainer. A study revealed that of X’s ad feeds tested, nine were phishing ads, with more than half utilizing this wallet drainer. These ads employ different strategies, including pretending to be legitimate domains and using redirect tricks to bypass security measures and leading unsuspecting users to phishing sites. The fraudulent operation hit its peak activity in May, June, and November, with over 10,072 different sites implicated. The figures are astounding: the ill-gotten gains from this operation reach an estimated $58.98 million, all pilfered from its vast pool of victims. Unlike most services that rake in a 20% profit from successful scams, the source code and additional features for this wallet drainer are sold openly on an online forum. Extra features, such as hazardous Blur signatures, come with additional charges. The campaign points to a worrying trend: Advertising platforms have become lucrative vessels for scammers to perpetrate their deeds cost-effectively, exploiting Google's search algorithms and X's broad user base. With the continuous evolution of criminal tactics such as domain spoofing and dodging ad reviews, the persistence of this threat cannot be understated.

@Pretty_OlLiviy SuccessSecurities, a HongKong brokerage firm, has reportedamonthly average turnover of $10 millionin virtual asset trading. Thecompany plans to integrate its stock andvirtual asset platforms nextyear to create a one-stop platformfor investors.

Hong Kong Brokerage Sees Monthly Average Turnover of $10 Million in Virtual Asset Trading According to Foresight News, Hong Kong-based brokerage firm Success Securities has reported a monthly average turnover of $10 million in virtual asset trading since launching the service. The company's executive director, Chen Peiquan, revealed that the virtual asset business has become profitable and expects the number of related clients to maintain a multiple growth rate next year. Chen Peiquan stated that currently, investors mainly invest in Bitcoin, accounting for about 80% of the overall virtual asset investment. He also disclosed that Success Securities plans to integrate its stock and virtual asset platforms next year to create a one-stop platform for investors to trade virtual assets. With the upcoming Bitcoin halving event and the potential easing cycle by the US Federal Reserve, Chen believes that virtual assets will experience another bull market. #Bitcoin

@Whenbrothers Excitingopportunities awaitNFT projects in 2024.