press release PRESS RELEASE. On 1st Feburary, 2022, LBank Exchange promoted the wishes to the world through Times Square NYC – NASDAQ Billboard, for the celebration of the Chinese lunar New Year. Times Square New York is a major commercial intersection, and NASDAQ MarketSite is the marketing presence of the NASDAQ stock market, where the most prestigious companies compete for…
Month: February 2022
Crypto derivatives data signals improving investor sentiment and a possible trend reversal
This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It’s too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor sentiment is backing the current…
Crypto Users and Exchanges Must Now Report Transactions in Colombia – Emerging Markets Bitcoin News
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transactions must be reported via an online reporting system, and exchanges will be required to issue periodic reports of suspicious transactions made by users. Colombia Tightens AML Controls New regulations that direct users and…
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO
BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO. Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-eth-near-mana-leo
Buzzfeed Outs Bored Ape Yacht Club Founders: Doxxing or Journalism?
Illustration by Mitchell Preffer for Decrypt Everyone knows about Bored Ape Yacht Club (BAYC), the collection of 10,000 ape avatars that have become the most prestigious—and most expensive—NFT collection out there. But what people didn’t know was who exactly is behind BAYC. Until Friday, when Buzzfeed published an investigation revealing the identity of two of the four BAYC co-founders, who…
Bitcoin Energy FUD And Microsoft
During the House Hearing on Crypto’s Energy Use & Impact there was a point of opposition provided in the manner of, “number of jobs per unit of electricity consumed.” I’m not nonplussed by the question — I think there’s a fair question to ask relative to our understanding of where our energy is going somewhere in there, and maybe there…
England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report – Blockchain Bitcoin News
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list of sports teams it has sponsored since May 2021. Tezos’ Investment in Sports The most successful football club in the English Premier League, Manchester United, is…
Where humans may fail, AI could succeed
Decentralized autonomous organizations (DAOs) offer a new way of organizing businesses in a non-hierarchical structure that encourages participation from every member of a community. With no central leadership and decisions made collectively, DAOs could revolutionize the way we think about work, but their implementation is not without challenges. The term DAO is sometimes used to refer to a system of…
What is a rug pull in crypto and 6 ways to spot it
There are several clear signs that investors can watch out for to protect themselves from rug pulls such as the liquidity not being locked and no external audit having been conducted. The following are six signs users should watch out for to protect their assets from crypto rug pulls. Unknown or anonymous developers Investors should consider the credibility of the…
Chainalysis report finds most NFT wash traders unprofitable
Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysis’ “NFT Market Report” shows a minimum of $44.2 billion worth of cryptocurrency sent to Ethereum smart contracts associated with NFT marketplaces and collections last year. The report notes that this…