Fundamental bullet points to enter the #crypto ecosystem! 👇
- On top of everything, don't make a single move without a proper #dyor (Do Your Own Research).
- Don't trust in full what others say. Analysts, Experts, Representatives of projects. By doing your research you will have the tools to understand and identify the viability of a coin and the project, if any, behind it.
- Reach trustworthy sources of information. My advice: start with Binance Academy, where you can earn while you learn, and then to the main specialized, blogs, #Binance Feed channels.
- Ask the community. Join official Binance Telegram channels according to your location and language.
- Protect your money. With all the information, start small, with money you can afford to lose while you learn. Even so, research first.
Crypto summer: bitcoin surpasses the US$57,000 barrier and reaches its highest value in more than two yearsThe most popular digital currency reaches values that have not been observed since 2021, a trend that is also reflected in ether.
The factors that explain these increases in a full analysis in our latest article!
Crypto summer: bitcoin surpasses the US$57,000 barrier and reaches its highest value in more than two years The most popular digital currency reaches values that have not been observed since 2021, a trend that is also reflected in ether; the factors that explain these increases
After two negative years for the cryptocurrency industry, in the last month some positive news was released for the market that ended up boosting the price of the main digital currencies. Today, both bitcoin and ether register values that have not been observed since 2021, and investors are excited...
Bitcoin, this Tuesday reaches US$57,071. This is an increase of US$3,695 during the last 24 hours, equivalent to a percentage advance of 6.9%. In the last month, it climbed 33.5% and 142% since the end of February last year.
The last time a similar value had been seen was in December 2021, after having reached a historic peak of US$64,978 in November of that same year. However, since then the price collapsed and in November 2022 it hit a floor around US$16,445, after the industry suffered strong shocks with the collapse of the Terra/Luna currency and the trial of the crypto platform FTX for fraud and money laundering.
After the bear market of 2022, characterized by a loss of confidence in the ecosystem, 2023 was a year of recovery for crypto globally. From January to December, market capitalization and processed crypto volume increased steadily. At the beginning of 2024 we were 40% below the historical maximum, reached in November 2021.
Crypto optimism is also reflected in ether, since today it reaches US$3,239, about US$96 more than 24 hours ago (+3%). It is an advance of 42% in dollars since February began. In this case, it is the highest value since April 2022, although it still seems far from its all-time high at US$4,733 in November 2021. There are three fundamental factors that explain the reason for the revival of demand for bitcoin. In April of this year, the fourth halving will take place, a pre-scheduled event that occurs every 210,000 mined blocks (approximately every four years). This will halve the bitcoin rewards miners receive for verifying transactions.By April 2024, the supply of bitcoin will have already reached 93.75% of its maximum. That remaining little more than 6% will be emitted slowly over the next 80 years. Bitcoin's controlled and transparent monetary policy, as well as its free and global access, position it as one of the best long-term stores of value. Another news that boosted cryptocurrencies was the approval of the stock exchange-traded fund (ETF) that tracks the price of bitcoin. After much expectation, this instrument was released in mid-January and allowed institutional investors to invest in this segment.The market capitalization of the bitcoin ETF (over $39 billion) has already surpassed that of the silver ETF (over $12 billion) and is only below the gold ETF (around $97 billion in the United States).”Another factor that explains the rise of the cryptocurrency is the cycles of the price of bitcoin. They have shown a behavior consistent with periods of sustained growth and during which they reached their historical maximums and then leveled off once they were reached. This always kicks off with the halving on the horizon.
Beyond the particularities of the crypto ecosystem, 2024 and 2025 may be favorable years for the financial market in general. Because? Because a decrease in the interest rates established by the United States Federal Reserve (FED) is expected. A favorable macroeconomic context with access to financing, added to the bitcoin halving, could not only positively affect the price of Bitcoin, but also boost the entire ecosystem.
400 bitcoin and thousands of ether stolen in FixedFloat hack
400 bitcoin and thousands of ether stolen in FixedFloat hack Automatic cryptocurrency exchange platform suffered an exploit that cost it millions of dollars in losses.Cryptocurrency exchange site #FixedFloat was hacked and lost around $26 million worth of bitcoin ( #BTC ) and other #cryptocurrencies . The platform's own development team confirmed the fact on social networks and assured that they are working to discover the vulnerability that led to the theft.«We confirm that there was indeed a hack and theft of funds. We are not yet ready to make public comments on this matter as we are working to eliminate all possible vulnerabilities, improve security, and investigate. Our service will be available again soon,” says Fixed Float's statement on the X social network. According to security firm BlockFence, the Bitcoin address used for the theft is bc1q2skp47p9f5mr4n4m27k66v0l68gh3xdd7ad4e5. There you can see that the stolen figure corresponds to 409 BTC.Meanwhile, the #Ethereum address is 0x85c4fF99bF0eCb24e02921b0D4b5d336523Fa085. The address's on-chain information shows a large number of outgoing transactions to multiple addresses, some of them for values of up to 200 ETH. CertiK Alert confirms that ETH funds were moved through eXch, another automated cryptocurrency exchange.FixedFloat is a bitcoin, cryptocurrency and token exchange platform that is characterized by not requiring account registration or delivery of data for identity verification ( #KYC ) and its website is currently out of service for "maintenance."$BTC $ETH
BlackRock ETF buys more than 100,000 bitcoins, boosting the price. Demand for IBIT, the bitcoin ETF provided by the world's largest asset manager, accelerated.
BlackRock ETF buys more than 100,000 bitcoins, boosting the price. Demand for IBIT, the bitcoin ETF provided by the world's largest asset manager, accelerated.
Asset manager giant BlackRock's bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), significantly increased its holdings in the digital currency. IBIT now owns more than 100,000 bitcoins (BTC), a sum it acquired in just over a month since its launch. This milestone comes after the ETF made its largest daily purchase of the digital currency, which was 9,949 BTC, as shown in the following table provided by data firm BitMEX Research.
This way, IBIT strengthens its position as the second ETF with the most bitcoins in the world, as shown below. This is after Grayscale (GBTC), which continues to decrease its holdings in the coin daily.
With IBIT's performance, US ETFs recorded more capital inflows in the last four trading days than in the previous four weeks. If they continue like this, they are on track to close February with a greater accumulation of bitcoin than in January.
Bitcoin approaches $52,000 amid increased demand for BlackRock ETF The growing demand for the BlackRock ETF increased the bullish pressure in the market that pushed bitcoin to levels it had not touched in more than two years, near $52,000 (USD). You can see this in the TradingView chart below.
Market specialists reported by CriptoNoticias, such as Juan Rodríguez, indicated that as long as the demand for ETFs continues, bitcoin's bullish momentum will continue. One reason for this is that the monthly purchase of BTC made by these instruments is greater than the supply of the miners, which in fact will be reduced by half in the halving scheduled for April-May.
In the dynamic world of digital finance, Security Token Offerings (STOs) have emerged as an exciting new way to raise funds and democratize investment opportunities. Through the tokenization of real assets on the blockchain, STOs offer transparency, accessibility, and revolutionary potential in financial markets. In this article, we'll explain how to launch an STO.
Launching an STO goes beyond simply tokenizing an asset. Issuers must follow best practices to ensure regulatory compliance and attract the right investors. Furthermore, it is essential to build a solid foundation that will ensure your long-term success. If you are interested in harnessing the potential of STOs, this article will provide you with a practical guide to navigate the process efficiently and effectively.
What is an STO? An #STO , or Security Token Offering, is an innovative way to raise funds by issuing tokens that represent ownership or rights to an underlying asset. Unlike ICOs (Initial Coin Offerings), STOs comply with securities regulations, giving investors greater protection and transparency in the financial market.
Security tokens purchased in an STO give investors financial rights and access to various investment opportunities. These tokens can represent equity capital in a company, profit sharing, voting rights, or even ownership rights to real assets, such as real estate or stocks. STOs have significant advantages, such as the transparency of operations thanks to the audit on the blockchain, the immediate liquidation of assets, the constant availability of financial markets and the divisibility of tokenized assets to democratize access. In addition, STOs use smart contracts, which are computer programs that automatically execute the conditions agreed between the parties, which streamlines and automates complex processes, such as the distribution of dividends or voting. In summary, STOs represent a safe and transparent option to raise funds and provide investment opportunities. Their application of blockchain technology, smart contracts, and compliance with securities regulations makes them an attractive choice for issuers and investors alike.
Who can launch an STO? Security Token Offerings have democratized access to finance and have opened up new opportunities for various entities. In this sense, a wide range of organizations can reap the benefits of an STO. This includes: Launch an STO for Companies: By issuing security tokens, companies can offer investors ownership of, or rights to, underlying assets, such as company shares, bonds, or other securities. This gives them an alternative avenue to raise capital and finance their growth. Create an STO for Startups: Emerging startups find STOs an attractive financing option. By issuing security tokens, they are able to attract investors interested in participating in their future growth and success. This form of fundraising gives them flexibility and greater accessibility to a broader investor base. Launch an STO for Governments and Government Organizations: Even governments and government organizations are exploring the potential of STOs. These entities can use the issuance of security tokens to finance infrastructure projects or back public assets, such as real estate. This allows them to diversify their funding sources and take advantage of blockchain technology for greater transparency and efficiency in their operations. Create an STO Mutual Funds: Investment funds are also dabbling in the world of STOs. By using this tool, they can offer investors access to a diversified portfolio of assets, including stocks, bonds, real estate, and other financial instruments. It is important to note that the issuance of an STO is subject to the regulations and legal requirements of each jurisdiction. Issuers must comply with the standards and procedures established by the corresponding financial authorities, which includes the disclosure of accurate and relevant information about the underlying project or asset.
The 6 Steps to Launching an STO: A Practical Guide to Success As we explained above, the world of STOs offers an exciting opportunity to raise funds and provide investment opportunities globally. However, to achieve a successful STO, it is crucial to follow a series of phases that guarantee regulatory compliance, transparency and investor attraction. In this guide, we will present you the 6 fundamental phases that you must follow to launch your STO. From the initial stage of preparation to fundraising and listing your security tokens, we'll explore each step, providing you with valuable tips to put into action on your journey. It doesn't matter if you are a startup looking for financing or an established company looking to diversify your investments, this guide will be the starting point to launch your STO and take advantage of this innovative form of financing.
PHASE 1: Project preparation The project preparation phase is essential for the successful launch of your STO. Here the solid foundations necessary for the project are established. At this stage, you must follow the following steps: Generate innovative ideas and develop a solid business plan.Form a competent team with experience in key areas.Appoint expert advisors in finance and law.Create a comprehensive and detailed whitepaper.Select reliable digital technologies and service providers.Estimate the necessary capital and identify your target market.
PHASE 2: Design of the STO structure In this phase it is essential to establish a solid legal foundation for your project. Let's see the key steps for this stage: Evaluate regulations and legal requirements.Set the token lock period.Analyze possible exemptions.Choose a favorable jurisdiction for your STO.
PHASE 3: Selection of the technology Selecting the right technology is critical to the success of your STO. At this stage it is necessary to follow the following steps: Select reliable blockchain service providers.Evaluate and comply with technical and legal requirements.Develop an attractive and functional investor portal.Extensive testing to ensure the safety and correct operation of the project.
Phase 4: Selection of financial service providers Selecting the right financial service providers is essential to ensure successful and secure fundraising during your STO. Here are the key steps: Appoint experienced brokers and transfer agents.Partner with trusted custodians for custody of digital assets.Work with secure and trusted fiat payment providers.
Phase 5. Fundraising It's time to grab the attention of investors and secure the necessary funds for your STO. To do this, you must take these steps into account: Identify potential investors and organize meetings with them.Use online marketing strategies to promote your STO.Take advantage of social networks and crowdfunding platforms.
Phase 6. List of security tokens Once you have successfully completed the previous stages, it is time to secure the listing of your security tokens on the appropriate exchanges. Next, we present what you must take into account to achieve a successful listing and guarantee the liquidity and visibility of your tokens. Select compatible exchanges and get regulatory approval.Make sure tokens are available for sale.Maintain constant communication.
Remember that listing your security tokens is an important milestone, but the job doesn't end there. You must continue to monitor and manage the performance of your tokens, and keep investors informed of project news and achievements. In short, STOs offer an exciting opportunity to raise funds and invest in a digital and regulated financial environment. By following the six key phases, you will be able to launch your STO and take your project to the next level. However, it's important to remember that launching an STO requires meticulous attention to detail at every stage of the process. Additionally, with STOs emerging as a powerful tool in digital finance, it is critical to stay up to date with the latest trends and regulations in the field. It is always advisable to seek professional advice and keep abreast of legal and technological changes.
Digitel Venezuela customer data leaked after refusal to pay in bitcoin
The telephone company did not pay the more than 100 bitcoins demanded by the MedusaBlog hackers and that is why they published the information.
The sensitive data of millions of customers of Digitel, one of the main telephone companies in Venezuela, was exposed on the Internet. A group of hackers released private information that was hijacked in a ransomware attack 10 days ago. According to information from "VE Sin Filtro", an initiative dedicated to monitoring hacking cases and similar cases, the data that was kidnapped was published because the attackers, from the MedusaBlog group, did not receive the USD 5 million in $BTC that they demanded.
“The information released would include the list of employees, identification documents, financial and tax documents, reports, invoices, contracts, subscriber agreements and their personal data,” says VE Sin Filtro. The Digitel hack became known on February 2, when the MedusaBlog group claimed responsibility for the attack that led to the kidnapping of the telephone company's private information. At that time, the hacking group gave the company a week to pay the ransom. The hackers demanded the sum of USD 5 million expressed in BTC to not reveal the information kidnapped in the attack. This is a ransom valued at 100.3 bitcoins, according to the price of this Monday, February 12. MedusaBlog has a history of demanding payments in bitcoin. Recently, these hackers disclosed the private data of the National Securities Commission ( #CNV ) of Argentina, after an attack that was not rescued. The hackers asked for $500,000 in BTC in exchange for deleting the hijacked information.
Because it is unlikely to know the true impact of sensitive network data leaks, it is recommended that Digitel users proceed to change their passwords, change the phone number of linked services, and also safeguard their emails and accounts on different platforms. Likewise, it is advisable to review the privacy settings of devices and applications.
We're back! Several proyects changed my focus points and forced me to choose priorities. Now, with new content prepared, we are ready to share with everyone one of you the latest in #Web3 , #Crypto and full analysis of the entire ecosystem.
BTC: New data from whale-surveying platform Whale Alert reveals that one high-net-worth trader suddenly moved 14,159 Bitcoin (BTC) worth a staggering $421.7 million from one unknown wallet to another.
ETH: The next largest transactions involve smart contract platforms Ethereum (ETH) and Solana (SOL), which saw $51.6 million and $53.9 million respectively.
SOL: Another crypto whale moved 409,823 SOL worth $10.3 million from an unknown wallet to Binance.
SHIB and LINK: Other notable transfers on the whale-watching platform’s radar include transfers of popular dog-themed meme asset Shiba Inu (SHIB) and decentralized oracle network Chainlink (LINK).
Forge, Société Generale (SG) bank's #bitcoin (BTC) and #cryptocurrency trading platform, became the first French company to obtain regulatory license as a digital asset service provider in that country.
The cryptocurrency arm of SG, which is the sixth largest bank in Europe by volume of total assets, is now authorized by the French Authority for Financial Markets (AMF) to custodian #crypto assets, as well as facilitate their buying, selling, trading and transfer.
#ShibaInu (SHIB) Whales' Inflow Skyrockets by 3,700%, What's Going On?
Shiba Inu net flows are up 616,538% as accumulation increases It is important to note that both inflows and outflows cannot be studied in isolation without considering net flows.
Spikes in netflow can be seen as accumulation from large holders or whales, while drops might suggest reduced positions or selling.
A look at the Shiba Inu Large Holders' Netflows to account for the net difference in whales' positions suggests immense accumulation in the last 30 days.
The last 30 days saw a whopping 616,538% increase in large holder net flows. The reverse can be seen in the last seven days, which highlights a drop of 6,343% as whales reduce their positions.