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Topics - Dennis2t8

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1
Crypto Discussion / Kraken Crypto Exchange Layoff 30% of its Workforce
« on: December 03, 2022, 08:34:06 AM »
Kraken crypto exchange announced today that it is laying off 1,100 or 30% of staff, as per the latest blog post by the company. As per the company, the move is necessary in order to “adapt to the current market conditions.” All the affected staff has been notified...


What do you think of this?


More on: https://mycryptoparadise.com/kraken-crypto-exchange-layoff-30-of-its-workforce/

2
Amid the fear, uncertainty, and distress surrounding the crypto market, here is yet good news about Bitcoin. Also, regardless of the market situation; you can make a fortune in the crypto market; all you need is the right and experienced market analysts who are...


What are your thoughts on this?


More on: https://mycryptoparadise.com/brazil-legislators-approve-bitcoin-as-payments-in-the-country/

3
Crypto Discussion / Binance Secures Regulatory Approval in Abu Dhabi
« on: November 18, 2022, 10:39:23 AM »
Despite the current market situation and insolvency issues surrounding many crypto firms, Binance's quest for global expansion continues, this time, it is Abu Dhabi. Amid the current FUD, you can make a fortune in the crypto market; all you need is the right and...


What do you think of this?


More on: https://mycryptoparadise.com/binance-secures-regulatory-approval-in-abu-dhabi/

4
The founder of Tron, Justin Sun has reportedly taken over the Houbi Global Business after the former CEO Zhu Hua, CFO Zhang Li, and other senior executives have voluntarily resigned, according to recent sources. The information was revealed in a tweet on November 15...


What do you think of this?


More on: https://mycryptoparadise.com/trons-justin-sun-has-taken-over-huobi-exchange-report/

5
The collapse of the FTX crypto exchange continues to spread insolvency rumors across the crypto industry, and now, Genesis and Grayscale are the latest to reportedly be affected. The parent company of Genesis is Digital Currency Group (DCG), which is also the parent...


What is your opinion on this?


More on: https://mycryptoparadise.com/genesis-and-grayscale-hit-with-insolvency-issues-following-ftx-collapse/

7
Veritaseum Capital LLC, a crypto firm that specializes in patents meant for encoding smart contracts, on Thursday filed a lawsuit against Coinbase over patent infringement through several of its services.
The $350 million lawsuit also alleged that Coinbase features, including its website, mobile app, and Coinbase Cloud, Pay, and Wallet services, infringed a patent covering a “secure method for processing digital-currency transactions.”
Meanwhile in July, Veritaseum notified Coinbase regarding the infringement but Brian Armstrong’s Coinbase ignored it, the company in the suit required the court to declare Coinbase guilty and pay $350 million for damages and also stop Coinbase from using the patents in question.


News: https://mycryptoparadise.com/coinbase-slapped-with-350-million-lawsuit-over-patent-infringement/

8
Trading / Recorded massive 39% profit since Mycryptoparadise told to buy
« on: September 19, 2022, 01:26:06 PM »
This was really helpful and brought amazing profit by following on time. For more details visit https://www.tradingview.com/chart/FALCONSUSDT/VmWnj6WU-39-profit-since-we-told-you-we-buy/

9
Phishing is increasingly becoming a challenge in the crypto space that can not be overlooked, Uniswap LPs are now the latest victims of phishing as attackers are believed to have stolen over $8 million so far.

Harry Denley, a MetaMask security researcher was one of the earliest detectors of the attack and raised the alarm on Twitter on Monday, tweeting that 73,399 addresses had been sent malicious ERC-20 tokens to steal their assets.

Phishing is increasingly becoming a challenge in the crypto space that can not be overlooked, Uniswap LPs are now the latest victims of phishing as attackers are believed to have stolen over $8 million so far.

Harry Denley, a MetaMask security researcher was one of the earliest detectors of the attack and raised the alarm on Twitter on Monday, tweeting that 73,399 addresses had been sent malicious ERC-20 tokens to steal their assets.


Continue Reading: https://mycryptoparadise.com/uniswap-lp-hit-with-a-phishing-attack-losses-over-8-million-in-ether/

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10
The world’s largest cryptocurrency exchange by trading volume, Binance through its Spanish subsidiary (Moon Tech Spain) on Friday, announced its expansion to Spain following approval by the bank of Spain.

In a statement by Binance CEO, “Moon Tech’s registration in Spain is an acknowledgment of the hard work and commitment of our teams to providing a platform that places user protection above all else.”

“We have invested significantly in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure that our platform remains the safest and most trustworthy in the industry,” added CZ.

Continue Reading: https://mycryptoparadise.com/binance-registers-as-a-digital-assets-service-provider-in-spain/

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11
Trading / Solana Update
« on: July 08, 2022, 02:14:19 PM »
BE READY!!! SOLANA (SOL) IS ABOUT TO MAKE A 100% MOVE !!! + Bitcoin and Crypto Market Analysis



12
As the crypto market continues to plunge, crypto firms, especially lending firms, have been facing insolvency issues, and now, Voyager has become the latest firm to file for bankruptcy.

The Toronto-based crypto lending firm, Voyager, filed for Chapter 11 bankruptcy protection on Tuesday, for more time to explore strategic alternatives, almost a week after freezing trading, withdrawals, and deposits on its platform.

In a statement by Voyager Chief Executive Officer Stephen Ehrlich. “The prolonged volatility and contagion in the crypto markets over the past few months, and the default of Three Arrows Capital on a loan from the company’s subsidiary, Voyager Digital, LLC, require us to take deliberate and decisive action now.”

“The chapter 11 process provides an efficient and equitable mechanism to maximize recovery,” he added.

Continue Reading: https://mycryptoparadise.com/days-after-suspending-transactions-voyager-files-for-bankruptcy/

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13
Trading / BITCOIN + Crypto Market Analysis
« on: July 07, 2022, 01:39:57 PM »
BITCOIN IS ABOUT TO DO THIS CRAZY MOVE SOON!!!!! + Crypto Market Analysis



14
Duke Energy, a top US energy company, is reportedly looking to explore Bitcoin mining as part of its plans to integrate its demand response strategy.

In a tweet by Duke Energy’s lead rates and regulatory strategy analyst Justin Orkney on June 4, he shared notes on electrification of transportation and decarbonization of the electric power grid through Bitcoin mining.
In an earlier statement by Justin Orkey, he confirmed that Duke Energy is currently studying Bitcoin mining, in fact, his crew is exploring how Bitcoin could solve the problems faced by the grid as renewable penetration increases. Grid imbalance and other problems will only worsen as we approach renewable targets.

Results of the study will show how to onboard miners on the grid before scaling up for the masses. The company leverages its micro-grid with different energy sources to conduct tests to measure the impact involving several levels of miners.

“We are exploring general customer phasing concepts … I’m working on a Bitcoin demand response study about including Bitcoin mining capacity in our system with an eye toward the demand response functionality … We are hoping to do a technology test.”

Continue Reading: https://mycryptoparadise.com/since-the-inception-of-the-current-market-downturn-the-crypto-community-has-been-witnessing-chaos-that/

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15
In the midst of the crypto crash, Bitcoin is yet becoming a run-to asset when it comes to improving the global financial system, in a bid to improve Mexico’s financial system, a bill has been proposed in the Mexican Senate to legalize Bitcoin.

A senator of the Mexican Congress, Indira Kempis has proposed a bill that if passed, Mexico will join Bitcoin race leader El-Salvador in making Bitcoin a legal tender.

This bill is proposed to amend and improve the current monetary law in Mexico by recognizing Bitcoin as a legal tender.

Kempis Proposed the bill due to Mexico being one of the countries in its region with less financial inclusion and education. According to the bill, 56% of Mexicans do not yet have access to a bank account. This literally means about 67 million of the Mexican population do not have access to most basic financial instruments. 68% of Mexicans lack access to financial education, which resultantly makes most of the country’s citizens take decisions regarding mortgages, savings, and or how to deal with credits.

“It is necessary to carry out actions [adopt Bitcoin] so that the use of technology can promote and guarantee financial inclusion,” said Senator Kempis.

Continue Reading: https://mycryptoparadise.com/mexican-senate-proposes-bill-to-make-bitcoin-a-legal-tender/

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