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BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing processes, and also a rewards program for customers of the automotive company adapted to compliance processes in Thailand. BMW to Introduce Blockchain to Its Operations More companies are introducing block chain processes as part of their operations due to the ostensible reliability of the tech and how it can help save on costs. On Dec. 29, BMW, the German car manufacturer, announced a partnership with Coinweb, a layer 2 (L2) block chain interoperability protocol, to introduce block chain -based processes to its operations. This alliance contemplates two different tasks. The first includes the development of a smart contracts platform with the objective of streamlining different processes that need to be completed for the financing of BMW-bran...

XRP and Dogecoin (DOGE) have emerged as some of the best-performing cryptos of the year, eclipsing the likes of Bitcoin (BTC) and Ethereum ( ETH ). DOGE had its moments throughout the year, but most of it was hanging on Tesla CEO Elon Musk’s support. However, this does not mean that DOGE did not lose value. Almost all crypto tokens have plummeted this year, with the dog-themed coin being one of them. XRP and Dogecoin emerge on top XRP fell by 57% in 2022, while Dogecoin (DOGE) fell by 58%. Both of these tokens have performed better than Bitcoin (BTC), which fell by 65%, and Ethereum (ETH), which dropped by 67%. While DOGE was rallying with Musk’s support, XRP gained traction as the SEC vs. Ripple lawsuit verdict began to incline towards the crypto firm. Non ETH eless, XRP is almost 90% down from its all-time high of $3.40, attained in January 2018. Similarly, DOGE is 90.4% down from its all-time high of $0.731578, achieved in May 2021. At press time, XRP was trading at ...

  Ethereum price is printing a bullish green candle after bouncing off a triangle support, as analyzed on Wednesday. The largest smart contracts platform has had a difficult time navigating the 2022 bear market run. All attempts to revisit highs above $2,000 have not seen the light of day since ETH dropped to $879 in June. As investors deliberate which assets will make it into their crypto portfolios in 2023, Ethereum price exchanges hands at $1,197. Stepping above the 50-day Exponential Moving Average (EMA) (in red at $1,255) might call sidelined buyers into the market. ETH/USD daily chart For now, Ethereum price must prove to investors that it can hold above immediate resistance at $1,200 and keep off declines to $1,100 and $1,000, in that order. Analysts seem to be having conflicting predictions for 2023, with some forecasting a sideways trend. The most bullish would like to see Ethereum price above $4,000 by the end of 2022. Ethereum Price Prediction: $10,00...

In 2022, the cryptocurrency market did not generally shine the brightest. Numerous things happened, along with a persistent bear market that kept the price of cryptocurrencies low. The majority of cryptocurrencies, which include Bitcoin and other altcoins, are currently trading between 60% and 90% below their record highs. Shiba Inu, the second-largest meme coin, is not an exception in this situation. However, Shiba Inu has been shining in terms of developments, thanks to the developers and the team. One of the prominent developers is Shytoshi Kusama. Kusama has over 865k followers on Twitter and has successfully remained anonymous, just like Shiba Inu founder Ryoshi. But, Kusama has plans to unveil his true identity to the SHIB Army. Who is Shiba Inu’s Shytoshi Kusama? It is unclear at the moment as to who the mysterious person hiding behind the name is. However, in one of the latest tweets by the Twitter user, SHIB BPP, a screenshot has been shared with ...

Fabwelt Launches Arsenal Mobile, Arsenal is a 3D First Person Shooter multiplayer game for the Fabwelt Gaming Ecosystem and Metaverse. Christmas brings joy and happiness to everyone. Fabwelt team is ecstatic to bring a blissful atmosphere before the year ends with Arsenal coming to mobile as an application. They expand their family of gamers with never-ending launches. As Fabwelt Launches Arsenal Mobile (Android). Unique features of the mobile version: Aim assist — it helps a gamer to aim the enemy effortlessly. Autofire — Automatically fire the enemy with a high accuracy rate. Convenience — The mobile version is more convenient; you can play anywhere and anytime “on the go” Super smooth gameplay — game setting   a “low quality” option which means even low specs devices can smoothly play arsenal. Play with friends — You can easily invite your friends or loved ones to play arsenal. Make sure to use your referral code for an instant WELT bonus. Lesser battery consumption —  Arsenal come...

Bitcoin (BTC) mining rig, ASIC, is witnessing a massive fall in prices at the moment. As per reports from Hashrate Index, ASIC miners are seeing their prices drop by 86.82%. These rigs generate at least one terahash per 38 joules of energy. Their prices peaked on May 7, 2021, at $119.25 per terahash. The prices are down to $15.71 per terahash as of Dec. 25. Bitmain’s Antminer S19 and MicroBTC’s Whatsminer M30s are some of the rigs in this category. Many speculated that this is a sign of the current bear market coming to an end. Efficient Bitcoin miners aside, mid-tier machines are also seeing their prices fall. Data indicated that the cost of these machines has dropped 89.36%. Prices reached a peak of $96.24 on May 7, 2021, but dropped to $10.23 at press time. Lastly, machines that are the least energy-efficient and consume more than 68 Joules per TH are priced at $4.72, a 91% decrease from their high of $52.85. It was last priced similarly on or about November 5, 2020. ...

"Merry Christmas guys. We got a lump of coal from Santa Claus," wrote one user in response to the allegations and the incident. On Dec. 26, Blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leveraged trading platform on the Avalanche Blockchain, is an "Exit Scam." In supporting the decision, CertiK wrote:  "On 24 December we have seen an #exitscam on @Defrost_Finance. We have attempted to contact multiple members of the team but have had no response. The team are not KYC'd but we are using all the information that we do have to assist with authorities." The prior day, Defrost Finance suffered a flash loan attack that drained protocol users of $12 million in assets. Immediately after the exploit, Blockchain analytics firm PeckShield also issued a warning alleging that the operation was a "rugpull":  "We received community intel warning the rugpull of @Defrost_Finance.Our analysis shows a fak...

Reflection tokens allow holders to earn passive returns from transaction fees by simply holding onto their assets. Yield farming, liquidity mining, and staking have become common practices in the crypto market due to the remarkable growth the DeFi ecosystem has witnessed in recent years. These features enable users to earn interest on their crypto holdings by locking them as deposits for specific periods. The concepts sound appealing but there's one big risk: the potential decline in the valuation of the locked assets. In other words, users will see losses in U.S. dollar terms if the asset's value drops during the lock-in period. These shortcomings have raised "reflection tokens" as a viable alternative. In theory, reflection tokenomics remove the necessity of locking tokens while still offering staking-like benefits.  What are reflection tokens? The projects backing the reflection tokens charge a penalty tax (calculated in percentages) on each transaction. In turn, ...

Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy. Samsung’s Metaverse Push in Latam Many companies have started to put their products and their brands in the metaverse, considering it an important part of their marketing strategy. Samsung, one of the biggest electronics companies in the world, has recently revealed it is investing more than $35 million in metaverse initiatives directed at Latam customers. In an article published on Dec. 20, Anita Caerols, director of marketing and corporate citizenship of Samsung Electronics Chile, explains the motivations behind this virtual reality push for the company. She stated: At Samsung we believe that the metaverse is a concrete commitment to connect with young consumers. T...

OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform. Nonfungible token (NFT) Marketplace OpenSea has been banning artist s and collectors from Cuba, citing United States sanctions as the key reason behind its action. According to a report published by Artnet, 30 artists and collectors have been banned from the popular NFT marketplace until now. The most noted artist to face the axe includes well-known Havana-based artists Gabriel Guerra Bianchini and Fábrica de Arte Cubano. OpenSea marketplace has mentioned in its terms of service that it explicitly prohibits sanctioned individuals and individuals in sanctioned jurisdictions. The NFT marketplace’s adhesion to United States sanctions was widely known and included countries such as Venezuela, Iran and Syria. However, the recent blocking of Cuban artists adds the country to that list as well. A Twitter profile called NFT Cuba Art revealed earlier in December that ...

On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and Ellison highlight some key findings and according to the U.S. Securities and Exchange Commission (SEC), FTX’s exchange token FTT is considered a security. SEC Complaint Says SBF ‘Directed’ and ‘Instructed’ High-up Execs Like Caroline Ellison to Commit Fraud U.S. attorney Damian Williams told the public on Wednesday that charges have been filed against Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. The Southern District of New York (SDNY) also told the press that Ellison and Wang were cooperating with federal law enforcement and the recent SEC charges identify key findings that were previously speculated on or were unknown at the time. FTX co-founder and ex-CTO Zixiao (Gary) Wan...

A follow-up on Web3 Antivirus release, dwelling on how to avoid expensive errors while looking for opportunities. A follow-up on Web3 Antivirus release, dwelling on how to avoid expensive errors while looking for opportunities. It keeps happening all the time. You’re browsing through tech communities, Web3 platforms or services, as whoop — you stumble upon a requirement to connect your existing crypto wallet. Why entrust access to your funds right away, before you even know you want to deal with the service? What if it’s about to drain your account? Sure, this doesn’t inspire a relaxing user experience within Web3, not to speak of impeding the overall adoption progress. Besides, scams and fakes get increasingly inventive, meaning we can all be taken off guard — even DeFi giants experience vulnerability exploits. This got us thinking of a way out, so we heavily researched, coded, test-drived, and finally rolled out Web3 Antivirus. Phishers knocked on our door themselves Looks like we d...

RockX partners with SSV Network to develop Distributed Key Generation (DKG). First proposed in January 2022, the development of DKG for SSV Network will significantly enhance network security. SSV Network supports decentralized staking infrastructure based on Secret-Shared-Validator (SSV) technology for running Distributed Ethereum Validators. It is designed for building high-performance, secure, and decentralized ETH staking applications. In response to the fast-growing crypto industry in recent years, the partnership between RockX and SSV Network will help develop the necessary infrastructure to secure validators on the Ethereum network, especially in this post-merge, Proof-of-Stake Ethereum era. SSV Network Background SSV Network is designed for building high-performance, secure, and decentralized ETH staking applications. It is a fully decentralized, open-source ETH staking network, based on Secret Shared Validator (SSV) technology. SSV is also known as DVT, or Distributed Validato...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market is full of projects trying to outperform one another. However, the latest contender SmarterWorx (ARTX), has raised the bar with its innovative tokenized art investment platform. ARTX is now live and has the potential to outshine prominent cryptos like Shiba Inu and Solana. How? Why is the SmarterWorx presale so exciting? The world of Initial Coin Offerings (ICOs) has undeniably been a major catalyst for change and innovation in the financial sector. New ICOs always provide opportunities to make money in the cryptocurrency market, and SmarterWorx appears to be another game-changer. SmarterWorx is a revolutionary art trading platform that purchases original works of art from talented artists, stores them safely in a vault, tokenizes them, and trades them on its marketplace to gain profits for the new art pieces. Half of the funds from the sales go toward funding the SmarterBurn Defl...

Here is our weekly collection of digital asset listing and de listing , trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listing s and/or de listing s? Let us know here . _________________________________________ AscendEX Listings: Football World Community (FWC)   BitMart Listings:   Alpha Coin (ALPHA) Sense4FIT (SFIT) Trojanix (TROJANIX)   Bitrue Listings:   Umee (UMEE) InsurAce (INSUR)   BKEX Listings: Fable Of The Dragon (TYRANT) Bit Game Verse (BGVT)   Changelly Listings:   Hashflow (HFT)   ChangeNOW Listings:   Virtua (TVK) Telos (TLOS) Aptos (APT) Ethereum (ETH)    DigiFinex Listings: Extracto DAO (XBLL)   Hotbit Listings:   Wasder (WAS) SwapFish (SWAPFISH) Planet IX (PLANETLX)   LBank Listings:   Next Green Revolution (NGR) LynKey (LYNK) CRACLE (CRA) FLAG Token (FLAG) Dexo (DEXO) Remove...

Research suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative. Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, has been available to the public for nearly two years now. The platform, which took a year to develop, is the result of an exhaustive analysis of crypto markets and the key drivers of asset price movements. It was developed jointly by Cointelegraph and The TIE, the most comprehensive and actionable digital asset information provider trusted by 100+ institutional clients. Testing the VORTECS Score At the heart of the platform is the VORTECS Score, which compares current market conditions for over 420 crypto assets to historically similar marketscapes. A proprietary algorithm analyzes those historic conditions, seeking consistent patterns in market behavior in the following days. “While we’re all aware that past perfor...