Sam Coins Soar Despite Bankman-Fried’s Legal Troubles

• Sam Coins, tethered to the now-defunct FTX exchange, have made an impressive ascent in value this month.
• FTX’s native token, FTT, has increased by 160% since its recent low in November 2022.
• Rumors of a possible re-launch of FTX has contributed to the rise in Sam Coin values.

The cryptocurrency market has been showing signs of life in the last few weeks, with many Sam Coins staging a surprising recovery. These coins are tethered to the now-defunct FTX exchange, which is currently undergoing bankruptcy proceedings, and have been promoted by its former big boss – Sam Bankman Fried.

FTX’s native token, FTT, occupied an important spot on Alameda Research’s (SBF’s cryptocurrency trading firm) balance sheet. This caused investors to become wary of the connection between Bankman-Fried’s trading arm and FTX, leading to a major sell-off in November 2022. However, FTT’s value has since increased by 160%, and is now trading at $1.93 – a far cry from its recent high of $51.68 from late March 2022.

The rise in Sam Coin values may be attributed to rumors that the platform’s operators are assessing the possibility of re-launching the beleaguered FTX. This was reported by the New York Times, and could be seen as a positive sign for investors who are looking for a return on their investment in Sam Coins.

Aside from rumors of a possible re-launch of FTX, the resurgence of Sam Coins could also be attributed to the fact that Bankman-Fried’s other coins, such as Solana, Oxygen and Maps, have also seen a surge in value. This could be seen as a sign of investor confidence in the Sam Coins, despite Bankman-Fried’s current legal troubles.

In conclusion, the resurgence of Sam Coins is a testament to the resilience of the crypto market, and could be indicative of a wider trend towards a recovery of crypto assets in the near future. Despite the legal troubles of its former big boss, it appears that investors are still willing to back Sam Coins, and this could be a positive sign for the future of the crypto market.

Ethereum Network Reaches 500,000 Validators, Shanghai Upgrade to Enable Profiting

• The number of validators on the Ethereum network has exceeded 500,000, surpassing the 400,000 milestone in July 2020.
• Validators on the Ethereum network must stake 32 ETH (worth about $50,302 at current market value) to be qualified for validating transactions.
• The Shanghai network upgrade, expected to be launched in March, will enable validators to withdraw staked ETH and profit.

The Ethereum network recently reached a major milestone, as the number of validators on the network surpassed 500,000. This is a major milestone for the project, as it is the first time it has crossed the 500,000 mark since the merge upgrade. This is a testament to the increasing popularity and utility of the Ethereum network, as more and more people are becoming validators and taking part in the network.

Validators are an integral part of the Ethereum network, and they play an important role in verifying and validating transactions on the blockchain. As the Ethereum network has recently moved from a Proof-of-work (PoW) mechanism to a Proof-of-stake (PoS) mechanism, validators on the ETH network must stake a specific amount of 32 ETH, which is worth about $50,302 at current market value, to be qualified for validating transactions.

The upcoming Shanghai network upgrade, which is expected to be launched in March, will enable validators to finally withdraw their staked ETH and profit. This has led to an increase in the number of validators, as they are now more incentivized to become part of the network. The Ethereum network has also implemented a number of other features to facilitate the withdrawal of funds, such as withdrawal penalties and gas fees to discourage mass exodus of validators.

The Ethereum network is continuing to grow and develop, and the Shanghai network upgrade will be a major milestone for the project. This upgrade will enable validators to withdraw their staked ETH and profit, and will also bring a number of other improvements to the network. The Ethereum network is continuing to grow and develop, and the Shanghai network upgrade is an important step in its evolution.

Bitcoin and Crypto Industry Powers Through Bear Market at CES 2023

• The 2023 Consumer Electronics Show (CES) saw participation from the Bitcoin and crypto industry, despite the bear market.
• Bitcoin miners had a prominent presence at the event, with vendors offering solutions for heat and sound solutions for Bitcoin mining hardware.
• Despite the bear market, the BTC mining difficulty metric has remained high, suggesting that there is still interest in the sector.

The 2023 Consumer Electronics Show (CES) saw a noteworthy presence from the Bitcoin and crypto industry, despite the bear market. Michael Carter, a consultant from crypto miner and consulting company BitsBeTrippin’ (BBT), spent a week at the event and reported a heavy presence of vendors with crypto-mining products.

The main focus for these vendors was “heat and sound solutions” for Bitcoin mining hardware. Bitcoin mining has seen substantial growth since its early years, as indicated by the BTC mining difficulty – a metric that trends to the upside as more miners join the network. 2021 saw a large increase in this metric, as the price of Bitcoin supported an expansion in mining operations. Even though there has been downside price action across the board and many miners shutting down their operations, the metric remains high, suggesting that there is still interest in the sector.

At CES 2023, Carter saw solutions to cool down BTC miners using a cost-efficient approach to Water Cooling. Some mining companies are also trying to diversify their operations from BTC mining and Application Specific Integrated Circuit (ASIC), the hardware used to mine this cryptocurrency.

This presence at CES 2023 shows that despite the bear market, the Bitcoin and crypto industry is still pushing on with innovations and solutions to remain competitive. The industry is adapting to the bear market and trying to find ways to keep itself active and relevant. The presence of Bitcoin mining solutions at CES 2023 is just another example of how the industry is powering through the bear market.

Crypto Holiday Special: Wei Zhou Shares His Unique Perspective on Crypto’s Future

• Zhou reviews the biggest moment in 2022 from his unique perspective, and talks about the fundamentals that will keep crypto alive and on track to fulfill its destiny.
• Bitcoinist staff has launched a Crypto Holiday Special to provide perspective on the crypto industry and look into its possible trajectory for 2023.
• Zhou believes that Bitcoin, just like the Internet, will survive any storm that comes its way.

As the year 2022 comes to an end, the staff at Bitcoinist wants to provide a unique perspective on the crypto industry. With this end of the year “Crypto Holiday Special”, they wanted to look into the highs and lows of the year and predict the future trajectory of the industry.

They invited Wei Zhou, the former Chief Financial Officer of the largest crypto exchange worldwide – Binance – to provide insight from his unique perspective. Zhou talked about how the industry has evolved since Christmas 2021, and the fundamentals that will keep crypto alive and on track to fulfill its destiny. He believes that Bitcoin, just like the Internet, will survive any storm that comes its way.

From the perspective of institutional investors, Zhou noted that it won’t be business as usual for centralized exchanges. The days of commingling users and the exchanges’ assets are long gone, and more regulations are expected to happen in the near future.

He also explained that the crypto industry is still in its early stages and that it’s likely to go through several booms and busts before it really takes off. He believes that the industry will eventually find a way to balance decentralization and regulation.

In the spirit of Charles Dicken’s classic, “A Christmas Carol”, the team at Bitcoinist will be looking into crypto from different angles and finding common ground amongst different views of the industry. This will help put the industry in a better position to support the future of finances.

Overall, with the Crypto Holiday Special, Bitcoinist has made an effort to provide a comprehensive view of the crypto industry, its highs and lows, and a glimpse into the future of the industry. With the help of Wei Zhou’s unique perspective and insights, they have been able to look into the potential trajectory that the industry might take in the coming years.

Ethereum DeFi TVL Plummets 76% in Bear Market, Despite 2% Dominance Increase

• The total value locked (TVL) in Ethereum DeFi has declined by 76% over the course of the year 2022.
• The Ethereum DeFi TVL was more than $95 billion at the start of the year, but has now decreased to just $23 billion.
• Despite this, the dominance of Ethereum DeFi (the percentage share of the total DeFi TVL across all blockchains) has observed an increase of 2% this summer.

The bear market has had a significant impact on the Ethereum decentralized finance (DeFi) sector, leading to a drastic drop in the total value locked in the sector. According to the year-end report from Arcane Research, the total value locked (TVL) in Ethereum DeFi has declined by 76% since the start of this year, dropping from more than $95 billion to just $23 billion.

The TVL is a metric that measures the total amount of capital that has currently been deposited by users in DeFi protocols. This sharp decline in the TVL is indicative of a bear market that has hit Ethereum DeFi hard, and it’s clear that capital has been exiting the sector as the bear market has grown deeper, much like in the rest of the crypto market.

Despite this, the dominance of Ethereum DeFi (the percentage share of the total DeFi TVL across all blockchains) has actually observed an increase of 2% this summer. This is indicative of the fact that, despite the bear market, Ethereum DeFi is still the largest and most prominent sector in the decentralized finance space.

The Ethereum DeFi sector has seen a huge amount of growth over the past year, with many new projects launching, and the sector has become increasingly popular among investors. However, it appears that the bear market has had a detrimental effect on the sector, leading to a significant drop in the TVL.

It remains to be seen whether Ethereum DeFi will be able to recover from this drop, or if it will continue to suffer in the bear market. It is clear, however, that the sector has been drastically affected by the bear market, and it will be interesting to see how the sector develops in the coming months and years.

Krugman Warns of Crypto Bubble: Did Tesla Story Ever Make Sense?

• Nobel Laureate Paul Krugman has expressed his doubts about the cryptocurrency craze and likened it to the US housing bubble of the mid-2000s.
• Last Tuesday, Krugman wrote an opinion piece in the New York Times regarding Tesla, bitcoin, and their massive market prices, inquiring whether the Tesla story ever made sense.
• This came after Tesla’s stock fell 11.4% in response to reports that the company reduced its manufacturing output in China.

Nobel Laureate Paul Krugman is the latest intellectual to express his doubts about the cryptocurrency craze. Last June, the American economist drew parallels between the cryptocurrency market and the US housing bubble of the mid-2000s, stating that consumers’ belief in crypto assets is comparable to their enthusiasm in the US home market prior to its collapse.

Fast forward six months and Krugman has compared the crypto to Tesla and its stocks. Last Tuesday, the Nobel Prize-winning economist wrote an opinion piece in the New York Times regarding Tesla, bitcoin, and their massive market prices, inquiring: “Did the Tesla story ever make sense?”. In his article, he pointed out that Tesla and bitcoin may have more in common than people think.

This came after Tesla’s stock fell 11.4% in response to reports that the company had reduced its manufacturing output in China. Between the first week of January 2020, and November 2021, Tesla’s stock price increased by more than 13 times. Since then, the stock has dropped 73%, reducing the market valuation of the electric car firm from almost $1.2 trillion to less than $350 billion as of Tuesday’s close.

Paul Krugman is a notable author and educator who specializes in International Economics and Macroeconomics. He has been a professor of economics at Princeton University, Stanford University, and the London School of Economics, and is currently a professor at the Graduate Center of the City University of New York. He is a Yale University and Massachusetts Institute of Technology graduate, and has received numerous awards and honors, including the Nobel Memorial Prize in Economic Sciences in 2008.

Krugman’s remarks come at a time when the cryptocurrency industry is facing increased scrutiny from governments and regulators around the world. While some investors may be tempted by the potential of huge profits in this new asset class, Krugman’s comments should serve as a warning to be cautious when considering investing in cryptocurrencies.

Investors Sue Gemini & Winklevoss Twins for Fraud, Seeking Damages

• Investors have filed a lawsuit against Gemini and its founders Tyler and Cameron Winklevoss, accusing them of fraud and other crimes.
• The lawsuit filed on Tuesday claims that Gemini refused to honor any further investor redemptions.
• The lawsuit alleges that Gemini and the Winklevoss twins violated the Exchange Act and accused the twins and their crypto exchange of fraud.

Investors have filed a lawsuit against Gemini, a U.S. based cryptocurrency exchange, and its founders Tyler and Cameron Winklevoss, accusing them of fraud and other crimes. The lawsuit was filed on Tuesday in Manhattan federal court and alleges that the exchange offered unregistered securities in the form of interest-bearing accounts.

The lawsuit claims that Gemini created a high-yield program called Gemini Earn, which worked like a cryptocurrency savings account, allowing customers to deposit cryptocurrency and receive interest in return. However, the lawsuit states that after the collapse of FTX, Alameda Research, and other crypto companies last month, Gemini immediately halted withdrawals for the interest-bearing contract. This, the lawsuit claims, wiped out all investors who still had assets in the program.

The investors allege that Gemini and the Winklevoss twins violated the Exchange Act and accused the twins and their crypto exchange of fraud. The lawsuit further alleges that Gemini refused to honor any further investor redemptions and that the Winklevoss twins were aware of the liquidity problem at Genesis Global Capital, which had $175 million invested in FTX prior to the exchange’s bankruptcy filing.

The lawsuit seeks damages and other appropriate relief for the investors and the class of persons allegedly defrauded by the Winklevoss twins and Gemini. The investors are hoping that the court will rule in their favor and award them compensation for their losses. If the court rules in favor of the investors, it could be a major blow to the cryptocurrency industry.

North Korean Hackers Steal Millions in Cryptocurrencies with Phishing Schemes

• North Korean hackers have been stealing millions of dollars in cryptocurrencies by pretending to be venture capitalists.
• BlueNoroff, the name given to the North Korean-affiliated hacking group, has been experimenting with new file types and delivery techniques for their virus.
• Cybersecurity firm Kaspersky Lab has revealed that the Lazarus Group is deploying malware to attack businesses in the Blockchain, DeFi, and FinTech industries.

In recent months, North Korean hackers have been ramping up their efforts to steal from unsuspecting cryptocurrency startups. BlueNoroff, the name given by cybersecurity experts to a crew associated with the North Korean government-funded hacking operation Lazarus Group, has expanded its target list to include venture capital firms, cryptocurrency startups, and banks. This malicious group of hackers has been able to steal millions of dollars in cryptocurrencies by building more than 70 phony domains and mimicking financial firms and venture capital businesses.

In a report released by cybersecurity firm Kaspersky Lab on Tuesday, the malicious hackers have been experimenting with new file types and delivery techniques for their virus. These malicious hackers have been using phishing tactics as well as other social engineering techniques to gain access to user accounts and steal cryptocurrency. Furthermore, the firm has discovered that this hacker group is also deploying malware to attack businesses in the Blockchain, DeFi, and FinTech industries.

The Lazarus Group is a cybercrime organization composed of an undetermined number of North Korean-supervised cybercriminals. According to cybersecurity experts, this group of malicious hackers is responsible for a large number of cyberattacks between 2010 and 2021. In addition to the stolen cryptocurrencies, the hackers have also been able to gain access to confidential data and private information.

The malicious activities of this North Korean hacker group have been increasing in recent months and this has caused alarm among the cybersecurity community. The malicious hackers have been able to successfully bypass security systems and have been able to gain access to user accounts and confidential information. As a result, it is recommended that businesses and individuals take extra precautions to ensure the security of their systems and data.

Furthermore, it is important to note that the malicious activities of this hacker group have been targeting both businesses and individuals, which highlights the necessity for businesses to invest in better cybersecurity measures. Additionally, it is also recommended that individuals use two-factor authentication to protect their accounts and to be aware of any suspicious emails or messages.

Overall, the malicious activities of North Korean hackers have been increasing in recent months and this has been a cause for concern for the cybersecurity community. The malicious activities of the Lazarus Group have highlighted the necessity for businesses to invest in better cybersecurity measures and for individuals to be aware of any suspicious emails or messages. In addition, it is also important to take extra precautions to ensure the security of user accounts and to protect confidential data and private information.

Sam Bankman-Fried Under House Arrest: Parents Put Up $250 Million Bail

• Sam Bankman-Fried, the former CEO of FTX, is now under house arrest while his parents put up a $250 million bail.
• The road leading up to his parents’ house has been closed off to the public.
• Tiffany Fong, a crypto journalist, was one of the few people who have managed to get inside the Bankman-Fried house to visit him.

Sam Bankman-Fried, the former CEO of the crypto exchange FTX, is now under house arrest after his parents put up a $250 million bail. This was made possible to prevent him from staying in another prison cell, and attend to him. The road leading up to his parents house has been closed down from the public, with the presence of big black tinted SUVs by the roadside, warning people that someone very important lives up ahead and they need to stay away.

Despite this air of intimidation, there have been actually a couple of people who have managed to get inside the Bankman-Fried house to pay the crypto wunderkind a visit. One of them is the sexy and glamorous crypto journalist Tiffany Fong. Fong met with Sam Bankman-Fried “last night,” according to a tweet she posted on Wednesday. She also noted that she was “still in holiday mood and visiting family” in San Francisco at the time.

Currently, Bankman-Fried is still under house arrest and it is unclear when he would be able to leave the confines of his parents’ house again. He was initially arrested in the Bahamas back in April on charges of bank fraud and money laundering related to his former crypto exchange. Bankman-Fried had pleaded not guilty to all the charges and his legal team is currently fighting to have the charges dismissed.

As of now, Bankman-Fried is unable to continue his work in the crypto space, but his family has been doing their best to ensure that he is comfortable. They have been providing him with all the necessary amenities, such as meals and laundry service, to make sure he is well taken care of.

It is unknown when Bankman-Fried will be able to taste freedom again, but his family are confident that the charges against him will be dropped and he will be able to return to the crypto world soon. Until then, Bankman-Fried will have to remain under house arrest and abide by the terms set by the court.

De beurs biedt handelaren de Bitcoin Prime

Dit is een veilig en door verzekeringen ondersteund platform dat individuele handelaren de mogelijkheid biedt om een verscheidenheid aan digitale activa te verhandelen. Het is beschikbaar als een mobiele app voor Android- en iOS-apparaten, waardoor het voor klanten gemakkelijk is om crypto’s te verhandelen op hun smartphones.

Bitcoin Prime Pro biedt een intuïtieve interface met real-time orderboeken, grafiektools, handelsgeschiedenis en een eenvoudig orderproces, zodat u vanaf de eerste dag met gemak kunt handelen. De app is gebouwd voor gevorderde cryptohandelaren met alle nodige info en tools om onderweg te handelen. Deze omvatten:

  1. Real-time candlestick grafiek en orderboek
  2. Limiet- en marktorders
  3. Geavanceerd orderformulier en portfolio-overzicht
  4. https://www.frau-margarete.de/nl/bitcoin-prime-ervaringen/

Bitcoin Prime Prime
Dit is het professionele handelsplatform van Bitcoin Prime dat speciaal is ontworpen voor institutionele klanten. Het geeft hen toegang tot gediversifieerde liquiditeitspools die alle producten van Bitcoin Prime onderbouwen.

 

Bitcoin Prime Trading Gereedschap
Bitcoin Prime Pro API

De beurs biedt handelaren de Bitcoin Prime API, die het gemakkelijk maakt om Bitcoin, Bitcoin Cash, Litecoin, en Ethereum te integreren in zowel nieuwe als bestaande applicaties. Bitcoin Prime Pro’s volledig uitgeruste trading API biedt een efficiënte manier voor ontwikkelaars om digitale activa trading applicaties te bouwen en gerelateerde functionaliteit aan te bieden.

U kunt tools bouwen om de markt te volgen, uw handelsgeschiedenis te bekijken, openstaande orders te monitoren en meer. Het geeft veilige, betrouwbare en betrouwbare toegang tot een in de VS gevestigde Bitcoin-beurs. De Bitcoin Prime API stelt ontwikkelaars in staat om het OAuth2-protocol te gebruiken om een Bitcoin Prime-gebruiker in staat te stellen een applicatie van een derde partij volledige of gedeeltelijke toegang te geven tot zijn/haar account, zonder de API-sleutel of aanmeldingsgegevens van het account te delen.

Het is een iets complexere integratie dan de API Key authenticatie methode, maar het is flexibeler. OAuth2 werkt goed voor webapplicaties, maar ook voor desktop en mobiele apps. Bitcoin Prime’s API’s maken een verscheidenheid aan mogelijkheden mogelijk: van simpelweg het verzamelen van read-only gegevens, tot het bouwen van iets dat nog nooit eerder is gedaan.

De Bitcoin Prime API heeft de volgende functies:

Genereer bitcoin, bitcoin cash, litecoin, en ethereum wallets en adressen
Kopen/verkopen en verzenden/ontvangen van bitcoin, bitcoin cash, litecoin, en ethereum
De munten veilig opslaan bij de beurs
Real-time of historische prijsinformatie opvragen
Ontvang meldingen wanneer betalingen aankomen
Bitcoin Prime Herziening Bitcoin Prime API
Bitcoin Prime Herziening Bitcoin Prime API

Bitcoin Prime Onderwijs
Bitcoin Prime Blog
De Bitcoin Prime website heeft een goed gevestigde blog die een goede selectie van handelsartikelen bevat, die helpen om de algemene handelsvaardigheden en kennis van handelaren van alle ervaringsniveaus te verbeteren.

Bitcoin Prime Handel Blog
Bitcoin Prime Handel Blog

De ‘Leer’ sectie van de Bitcoin Prime website heeft een goede reeks van educatieve artikelen over verschillende onderwerpen, zoals hoe je Bitcoin, Bitcoin Cash, Litecoin, Ethereum, XRP, EOS, Tezos, Stellar, Ethereum Classic, Chainlink, Augur, Algorand, Dash, Basic Attention Token, USD Coin en nog veel meer kunt kopen.

Er is ook de Frequently Asked Questions (FAQ) sectie op de website met antwoorden op een aantal veel voorkomende vragen die klanten kunnen hebben.