Messages

1

Crypto Discussion / Tether Teams Up with Telegram for Stablecoin Launch on TON Blockchain

« on: Today at 03:39:09 PM »

Key Highlights;
- Tether introduces USDT and XAUT on Telegram’s TON blockchain to revolutionize global payments.
- Tether’s collaboration with Telegram could change how cryptocurrencies are used across Telegram’s vast user base.

Source: https://mycryptoparadise.com/tether-teams-up-with-telegram-for-stablecoin-launch-on-ton-blockchain/

2

Crypto Discussion / Ripple Pioneers Revolutionary Lending Protocol on XRP Ledger

« on: Yesterday at 11:28:24 AM »

Key Highlights;
- Ripple developers propose a native lending protocol for the XRP Ledger to boost DeFi capabilities.
- The new features could significantly increase the functionality and value of XRP in the DeFi sector.

Source: https://mycryptoparadise.com/ripple-pioneers-revolutionary-lending-protocol-on-xrp-ledger/

3

Crypto Discussion / OKX Launches X Layer: A New Contender in the Layer-2 Blockchain Arena

« on: April 17, 2024, 05:53:16 PM »

Key Highlights;
- The fourth-largest crypto exchange, OKX, unveils its public mainnet for the new X Layer, powered by Polygon.
- X Layer is set to enhance user access to over 170 decentralized applications, with more on the horizon.

Source: https://mycryptoparadise.com/okx-launches-x-layer-a-new-contender-in-the-layer-2-blockchain-arena/

4

Crypto Discussion / Solana Rolls Out Update to Tackle Network Congestion

« on: April 16, 2024, 02:35:27 PM »

Key Highlights;
- Solana launches mainnet beta update v1.17.31 to address severe network congestion.
- After rigorous testing, the update is now recommended for all mainnet beta validators.

Source: https://mycryptoparadise.com/solana-rolls-out-update-to-tackle-network-congestion/

5

Crypto Discussion / Hong Kong Sets Stage with First Spot Bitcoin ETF Approval

« on: April 15, 2024, 03:39:03 PM »

Key Highlights;
- Hong Kong approves the first-ever spot Bitcoin and Ethereum ETFs, positioning itself as a leader in the crypto investment sphere.
- Despite these advances, Chinese investors are blocked from participating due to strict local crypto bans.

Source: https://mycryptoparadise.com/hong-kong-sets-stage-with-first-spot-bitcoin-etf-approval/

6

Crypto Discussion / Solana’s Developer Unites to Tackle Network Congestion Issues

« on: April 09, 2024, 01:34:47 PM »

Key Highlights;
- Network faces slowdowns due to spam and joke token overload.
- Developers roll out updates to combat congestion and boost transaction efficiency.

Source: https://mycryptoparadise.com/solanas-developer-unites-to-tackle-network-congestion-issues/

7

Crypto Discussion / Chinese Equity Giants Eye Spot Bitcoin ETF Market Through Hong Kong

« on: April 08, 2024, 07:59:43 PM »

Key Highlights;
- Major Chinese equity funds are stepping into the spot Bitcoin ETF arena via Hong Kong subsidiaries.
- Applications are in, with heavyweights like Harvest Fund Management’s Hong Kong branch at the forefront of seeking SFC approval.

Source: https://mycryptoparadise.com/chinese-equity-giants-eye-spot-bitcoin-etf-market-through-hong-kong/

8

Crypto Discussion / Genesis’s Big Move: $2.2 Billion GBTC Shares Sold for Bitcoin Payback

« on: April 05, 2024, 08:36:49 PM »

Key Highlights;
- Bankrupt crypto lender Genesis offloads $2.2 billion in GBTC shares to scoop up Bitcoin.
- The bold sell-off is aimed at returning Bitcoin to its rightful owners, the creditors.

Source: https://mycryptoparadise.com/genesiss-big-move-2-2-billion-gbtc-shares-sold-for-bitcoin-payback/

9

Crypto Discussion / Ripple’s Big Move: Launching a Dollar-Pegged Stablecoin

« on: April 04, 2024, 08:45:07 PM »

Key Highlights;
- Ripple’s gearing up to drop a USD-pegged stablecoin across Ethereum and XRP Ledger.
- Ripple eyes the booming $150 billion stablecoin market, ready to skyrocket to trillions.

Source: https://mycryptoparadise.com/ripples-big-move-launching-a-dollar-pegged-stablecoin/

10

Crypto Discussion / The Looming Halving Event Casts a Shadow on Bitcoin's Future

« on: April 03, 2024, 08:00:47 PM »

The recent volatility in Bitcoin's price has ignited a wave of analysis regarding its future trajectory, particularly in light of the approaching halving event. Analysts find themselves at odds, with some predicting a potential descent to $53,600 based on historical precedents and the current market's behavior. This analysis rests on whether the recent price surge can be characterized as a parabolic and unsustainable event, or if it will instead adhere to a smoother curve, mirroring past cycles. The halving event, historically known to influence prices, is another crucial factor considered in these predictions. Expectations lean towards a period of consolidation within the $60,000 to $70,000 range in the near future.

11

Crypto Discussion / U.S. Government Shakes Up Crypto Scene with $2 Billion Bitcoin Move

« on: April 02, 2024, 08:36:02 PM »

Key Highlight:
- The U.S. government moves $2 billion worth of Bitcoin to a Coinbase wallet.
- Bitcoin’s price feels the waves, dipping under $65,000 after the move.

Source; https://mycryptoparadise.com/u-s-government-shakes-up-crypto-scene-with-2-billion-bitcoin-move/

12

Crypto Discussion / China Unveils Blockchain Project with Conflux Network Amid Crypto Clampdown

« on: April 01, 2024, 06:39:09 PM »

Key Highlights:
- China teams up with Conflux Network to launch a massive blockchain platform for international cooperation.
- Despite strict bans, crypto trading finds a way to thrive in China.

Source: https://mycryptoparadise.com/china-unveils-blockchain-project-with-conflux-network-amid-crypto-clampdown/

13

Crypto Discussion / Base Network Shatters Records: Over 2 Million Transactions in a Day

« on: March 30, 2024, 04:01:32 PM »

Key Highlights;
- Base Network hits a new milestone with 2.275 million transactions in just one day.
- DEX transaction volume soars to $730 million, signaling sky-high activity

Source: https://mycryptoparadise.com/base-network-shatters-records-over-2-million-transactions-in-a-day/

14

Crypto Discussion / Ancient Ethereum Whale Stirs After Nine Years of Slumber

« on: March 29, 2024, 05:43:01 PM »

Nearly nine years after fading into inactivity, a dormant Ethereum address containing a significant sum has been awakened. This address, pre-dating Ethereum's official launch in 2015, recently initiated transactions, transferring a total of 110 ETH to three separate wallets. The value of this slumbering giant, 1,000 ETH, translates to roughly $3.56 million at current market prices.

The reawakening of such a prominent, long-dormant wallet has ignited curiosity and speculation within the cryptocurrency community. Questions linger regarding the owner's motives and the impetus behind this sudden transfer of funds.

Source: https://u.today/ancient-ethereum-whale-suddenly-awakens-after-9-years-details?utm_medium=FuckOff&utm_source=FuckOff

15

Crypto Discussion / OKX Reveals 17th Proof of Reserve: Notable Shifts in BTC & ETH

« on: March 28, 2024, 05:17:52 PM »

Key Highlights;
- Bitcoin and Ethereum Balloons: OKX users see a big bump in their Bitcoin and Ethereum holdings.
- Proof of Reserve Shines: OKX’s 17th snapshot reveals solid growth and trust.

Source: https://mycryptoparadise.com/okx-reveals-17th-proof-of-reserve-notable-shifts-in-bitcoin-and-ethereum-holdings/