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The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n

The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n

The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n

Previous 1 … 40 41 42 43 44 … 85 Next

Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n

The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n

Previous 1 … 40 41 42 43 44 … 85 Next

ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n

Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n

The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n

Previous 1 … 40 41 42 43 44 … 85 Next

$\"Ethereum$ <\/figure>\n\n\n\n

ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n

Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n

The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n

Previous 1 … 40 41 42 43 44 … 85 Next

<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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November 24, 2024

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\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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Follow The Distributed

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ADVERTISEMENT

\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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Follow The Distributed

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ADVERTISEMENT

\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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November 24, 2024

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Follow The Distributed

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\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

Subscribe To Our Newsletter

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Follow The Distributed

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\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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December 23, 2024

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 23, 2024

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

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November 24, 2024

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\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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Follow The Distributed

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\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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December 23, 2024

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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December 23, 2024

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November 24, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

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December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

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\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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December 3, 2024

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December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 19, 2024

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December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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November 24, 2024

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Follow The Distributed

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\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 19, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

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\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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November 24, 2024

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Follow The Distributed

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\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 19, 2024

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December 3, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

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\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

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December 19, 2024

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December 3, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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November 24, 2024

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Follow The Distributed

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\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 19, 2024

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December 3, 2024

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Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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November 24, 2024

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Follow The Distributed

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\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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Banking

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November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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November 24, 2024

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\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

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Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

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Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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November 24, 2024

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\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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Follow The Distributed

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\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

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\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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December 19, 2024

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Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

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November 24, 2024

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Follow The Distributed

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\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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Follow The Distributed

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\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

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\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
Read More:<\/em><\/strong> Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Previous 1 … 40 41 42 43 44 … 85 Next

Most Read

Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Banking

Major Australian Banks Collaborate To Launch Anti-Scam Network

December 23, 2024

Cryptocurrencies

Five Ways Trump Could Transform Crypto Regulation, According To Blockchain Association

November 24, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

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November 24, 2024

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\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

Artificial Intelligence

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December 19, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

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Major Australian Banks Collaborate To Launch Anti-Scam Network

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November 24, 2024

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\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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\n
The chatbot is intended to be a facilitation tool and not to provide any form of specific advice. Binance Sensei uses machine learning to source answers from a vast database of information. It makes it an efficient and accurate tool for educating users about decentralized finance<\/a> (DeFi) and other crypto-related topics.<\/p>\n\n\n\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\nhttps:\/\/twitter.com\/cz_binance\/status\/1650488535898640384?s=20\n<\/div><\/figure>\n\n\n\n
The chatbot is intended to be a facilitation tool and not to provide any form of specific advice. Binance Sensei uses machine learning to source answers from a vast database of information. It makes it an efficient and accurate tool for educating users about decentralized finance<\/a> (DeFi) and other crypto-related topics.<\/p>\n\n\n\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
\u201cBinance strives to be at the forefront of innovation, making sure our users have access to the newest and most innovative technologies,\u201d <\/em>a company spokesperson tells Decrypt. \u201cAs this new technology became available, we integrated a ChatGPT-driven tool allowing users to seamlessly navigate the vast world of blockchain and crypto education.\u201d<\/em><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/cz_binance\/status\/1650488535898640384?s=20\n<\/div><\/figure>\n\n\n\n
The chatbot is intended to be a facilitation tool and not to provide any form of specific advice. Binance Sensei uses machine learning to source answers from a vast database of information. It makes it an efficient and accurate tool for educating users about decentralized finance<\/a> (DeFi) and other crypto-related topics.<\/p>\n\n\n\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
As the buzz around AI and cryptocurrency continues to grow, it was inevitable that the two worlds would collide. Binance Sensei is designed to enhance user engagement with educational content using OpenAI's ChatGPT, providing relevant and easily digestible information. <\/p>\n\n\n\n
\u201cBinance strives to be at the forefront of innovation, making sure our users have access to the newest and most innovative technologies,\u201d <\/em>a company spokesperson tells Decrypt. \u201cAs this new technology became available, we integrated a ChatGPT-driven tool allowing users to seamlessly navigate the vast world of blockchain and crypto education.\u201d<\/em><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/cz_binance\/status\/1650488535898640384?s=20\n<\/div><\/figure>\n\n\n\n
The chatbot is intended to be a facilitation tool and not to provide any form of specific advice. Binance Sensei uses machine learning to source answers from a vast database of information. It makes it an efficient and accurate tool for educating users about decentralized finance<\/a> (DeFi) and other crypto-related topics.<\/p>\n\n\n\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Artificial Intelligence

Binance Introduces ‘Sensei’, A ChatGPT-Powered Chatbot To Enhance Crypto Education

April 26, 2023 - Updated on April 27, 2023

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\n
Binance, the popular cryptocurrency exchange, has recently announced <\/a>the launch of\u00a0Binance Sensei. Sensei is an AI-powered chatbot for its\u00a0Binance Academy that will help users enhance their Web3 learning experience!<\/p>\n\n\n\n
As the buzz around AI and cryptocurrency continues to grow, it was inevitable that the two worlds would collide. Binance Sensei is designed to enhance user engagement with educational content using OpenAI's ChatGPT, providing relevant and easily digestible information. <\/p>\n\n\n\n
\u201cBinance strives to be at the forefront of innovation, making sure our users have access to the newest and most innovative technologies,\u201d <\/em>a company spokesperson tells Decrypt. \u201cAs this new technology became available, we integrated a ChatGPT-driven tool allowing users to seamlessly navigate the vast world of blockchain and crypto education.\u201d<\/em><\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/cz_binance\/status\/1650488535898640384?s=20\n<\/div><\/figure>\n\n\n\nThe chatbot is intended to be a facilitation tool and not to provide any form of specific advice. Binance Sensei uses machine learning to source answers from a vast database of information. It makes it an efficient and accurate tool for educating users about decentralized finance<\/a> (DeFi) and other crypto-related topics.<\/p>\n\n\n\n
More To AI<\/h2>\n\n\n\n
Recently, there has been a surge in companies developing AI services utilizing ChatGPT's powerful language model. Some notable examples include Dr. Gupta<\/a>, an AI chatbot designed for healthcare, and CheggMate<\/a>, an AI-based online tutoring platform. These innovations demonstrate the growing potential of AI and how it can be utilized across various industries to improve and enhance existing services.<\/p>\n","post_title":"Binance Introduces\u00a0'Sensei', A ChatGPT-Powered Chatbot To Enhance Crypto Education","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"binance-introduces-sensei-a-chatgpt-powered-chatbot-to-enhance-crypto-education","to_ping":"","pinged":"","post_modified":"2023-04-27 12:04:13","post_modified_gmt":"2023-04-27 02:04:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11177","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11149,"post_author":"8","post_date":"2023-04-23 22:17:15","post_date_gmt":"2023-04-23 12:17:15","post_content":"\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
Bitcoin retests the 50 EMA support following the current bearish momentum.<\/li>\n\n\n\n
The price may retest the key support at $23,500 if it fails to sustain above $27,000.<\/li>\n\n\n\n
The 50 and 100 EMA crossover still suggests an overall bullish trend.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$
BTC\/USD<\/a> can crash to $23,500 if it breaks the support at $27,000. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Bitcoin hit the 50 EMA support on Friday at $27,140 following the recent bearish momentum initiated after the price got rejected from $30,000.<\/p>\n\n\n\n
The RSI dropped below the 14 SMA and currently moving below 50, indicating the continuation of the short-term downtrend.<\/p>\n\n\n\n
If BTC breaks the current support at $27,000, we may see the price declining more to retest the key support near $23,500.<\/p>\n\n\n\n
For a bullish outlook, Bitcoin must exceed the $28,500 level to initiate the effort to return above $30,000.<\/p>\n\n\n\n
<\/a>Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum may rejoin the recent bullish trend if the price can hold above $1,800.<\/li>\n\n\n\n
The price may retest $2,150 if it can exceed the upcoming resistance at $1928.<\/li>\n\n\n\n
RSI below 50 indicates the existence of bearish momentum.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$
ETH\/USD<\/a> holds above $1,800 to revive the recent bullish momentum. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n
Ethereum made a rapid move below $1,900 after the price failed to break the resistance at $2,150. A break below the current support at $1,839 may drive the price near the critical support at $1,712.<\/p>\n\n\n\n
The price is still holding above the 50 EMA dynamic support, indicating ETH switched to an uptrend movement. A bullish reversal above $1,839 may lead Ethereum price above $2,000 again.<\/p>\n","post_title":"Bitcoin, Ethereum Technical Analysis; BTC At Risk Of Hitting $23,500, But ETH Still Holds Above The Support At $1,838","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-ethereum-technical-analysis-btc-at-risk-of-hitting-23500-but-eth-still-holds-above-the-support-at-1838","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:44","post_modified_gmt":"2023-04-27 02:02:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11149","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11125,"post_author":"13","post_date":"2023-04-22 16:59:19","post_date_gmt":"2023-04-22 06:59:19","post_content":"\n
\n
The energy usage and carbon emission by blockchain projects are raising concerns.<\/li>\n\n\n\n
Solana's carbon footprint dashboard aggregates data based on the location of the network validators.<\/li>\n<\/ul>\n\n\n\n
Amid the hotly contested debate linking blockchains and carbon emissions, Solana has released a dashboard for tracking carbon footprints from the computers or nodes operating on its platform.<\/p>\n\n\n\n
The dashboard<\/a>, created by footprint calculator Carbonara, shows that the layer one network emitted 10,651 metric tons of carbon dioxide for the year ended April 1, 2023, estimated by Coindesk to be equivalent to emissions from eight flights from London to New York.<\/p>\n\n\n\n
The unveiling of the emission dashboard comes at a time of increasing scrutiny on blockchain platforms in light of how their activities contribute to climate change. For instance, using proof of work transaction validation on Bitcoin, or mining, consumes a substantial amount of energy and contributes to carbon emissions. The realization is part of the motivation for the second-largest blockchain Ethereum to migrate to the proof of stake consensus model last year.<\/p>\n\n\n\n
Austin Federa, Solana Foundation head of strategy, who shared his views during the unveiling, said that Solana's topline footprint was estimated based on the location of the network's validators, who manage transaction processing, and the RPC nodes that feed data into the blockchain.<\/p>\n\n\n\n
How Solana's Carbon Emission Dashboard Works<\/h2>\n\n\n\n
The dashboard would be updated regularly with data checking, among other things, the energy consumption on the network, the level of carbon footprint, and the network intensity. The data would be collected in real-time from software installed on the Solana validator nodes and updated every two weeks, according to the announcement.<\/p>\n\n\n\n
Several jurisdictions have taken measures to limit energy consumption and carbon footprint in the blockchain space. Texas recently passed a bill<\/a> capping energy consumption by Bitcoin miners. Buncombe County in North Carolina is contemplating<\/a> a one-year ban on crypto mining over the negative impacts on the environment.<\/p>\n","post_title":"Solana Releases Dashboard To Assess Its Carbon Emission In Real-Time","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"solana-releases-dashboard-to-assess-its-carbon-emission-in-real-time","to_ping":"","pinged":"","post_modified":"2023-04-27 12:00:12","post_modified_gmt":"2023-04-27 02:00:12","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11125","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11094,"post_author":"15","post_date":"2023-04-22 16:54:14","post_date_gmt":"2023-04-22 06:54:14","post_content":"\n
Starbucks Odyssey's <\/a>second NFT drop, The First Store Collection Stamp<\/a>, has come to a end. The 'First Store' NFT series is an edition of 5,000 stamps priced at $99. The stamps are listed on Nifty Gateway<\/a>, a premier NFT marketplace for beginners, experts, and everyone in between. <\/p>\n\n\n\n
See Related: <\/em><\/strong>Non-Fungible Tokens (NFTs)<\/a><\/p>\n\n\n\n
The 'First Store' stamp collection is the first series that has not completed total sales since Starbucks released NFT. The edition has 5,000 stamps, but only 4,579 stamps were sold. According to a tweet by Wu Blockchain, a prominent crypto reporter, the undersold of the series might be related to \"user aesthetic fatigue\". A Twitter account replied to his post stating that the reason is the need for 'Odyssey Stamp' to mint.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
The initial sale of 'First Store' is limited to Odyssey members who had earned at least two unique Journeys Stamps. And these stamps should be in their wallet at the time of the pre-sale. Furthermore, the sale was limited to only one purchase per customer, a decrease from the previous limit of two per customer during the initial sale.<\/p>\n\n\n\n
Last September 12, 2022, Starbucks announced <\/a>the launch of Starbucks Odyssey, an extension of its loyalty program. Since then, Starbucks' Odyssey has released seven NFT series which have a floor price between $38 and $1300. <\/p>\n","post_title":"Starbucks Ends Sale Of Its Second NFT Series; The First Store Collection Stamp","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"starbucks-ends-sale-of-its-second-nft-series-the-first-store-collection-stamp","to_ping":"","pinged":"","post_modified":"2023-04-27 11:59:46","post_modified_gmt":"2023-04-27 01:59:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11094","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11077,"post_author":"15","post_date":"2023-04-20 22:37:13","post_date_gmt":"2023-04-20 12:37:13","post_content":"\n
Trezor, a highly trusted crypto wallet, has just announced a major upgrade to its Trezor Model T<\/a> device. The new upgrade includes a privacy feature known as CoinJoin, designed to enhance the security of Bitcoin transactions. CoinJoin combines Bitcoin transactions from multiple users to enhance privacy.<\/p>\n\n\n\n
According to Trezor, its Model T hardware wallet is now the first and only device supporting Bitcoin CoinJoin transactions. This feature is already available in software or hot wallets like the Wasabi wallet<\/a>. The company plans to add this feature to its Model One devices.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/Trezor\/status\/1648688411975319553?s=20\n<\/div><\/figure>\n\n\n\n
The majority of transactions on the Bitcoin blockchain are accessible to the public. A public tool like block explorer can link these transactions to real-life identities and violate users\u2019 financial privacy. CoinJoin on the other hand aims to enhance privacy on the Bitcoin blockchain by consolidating several Bitcoin payments from multiple spenders into a single transaction, making it more difficult to trace the transaction's history and ownership.<\/p>\n\n\n\n
Per Trezor\u2019s release: \u201cUsers simply click on the \u2018anonymize\u2019 button. Users then choose the number of CoinJoin rounds \u2014 with every round increasing the level of privacy \u2014 confirm their choices on the Trezor device, and the rest of the Coinjoin process is automated and requires no active user participation.\u201d<\/em><\/p>\n\n\n\n
*Read More:<\/em><\/strong>*** Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend<\/a><\/p>\n","post_title":"Trezor Model T Takes Bitcoin Security To The Next Level With CoinJoin","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trezor-model-t-takes-bitcoin-security-to-the-next-level-with-coinjoin","to_ping":"","pinged":"","post_modified":"2023-04-20 22:38:01","post_modified_gmt":"2023-04-20 12:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11077","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11068,"post_author":"13","post_date":"2023-04-20 13:03:14","post_date_gmt":"2023-04-20 03:03:14","post_content":"\n
\n
Following the release, the first batch of Trump NFTs is down 50%.<\/li>\n\n\n\n
The new series features 47,000 NFTs, each selling for $99.<\/li>\n<\/ul>\n\n\n\n
Former US president Donald Trump has released the second batch of his Digital Trading Card non-fungible tokens<\/a> (NFT), with tens of thousands of new collectibles available for minting on the Polygon blockchain.<\/p>\n\n\n\n
The series features 47,000 NFTs, each selling for $99, like the original series, which debuted last December. Trump announced<\/a> the release on Tuesday on his social media platform Truth Social, noting that he kept the original price to let his fans make more money.<\/p>\n\n\n\n
\u2018\u2018I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn\u2019t choose to do so. I WILL BE GIVEN NO \u2018NICE GUY\u2019 CREDIT?\u2019\u2019<\/em> he said.<\/p>\n\n\n\n
Upon releasing the new series of collectibles, the original Trump NFT, which sold out just 2 hours after its release in December, lost<\/a> half its value, dropping to $0.1843, equivalent to $381, from nearly 0.4ETH ($828).<\/p>\n\n\n\n
A Gala Dinner With Trump\u00a0<\/h2>\n\n\n\n
Users who buy 47 of the NFT trading cards in the just-released series would reportedly get a ticket to a gala dinner with Trump at his Mar-a-Lago Florida golf club, similar to the previous launch, which gave fans incentives including Zoom calls and an in-person meet and greet with the former president.<\/p>\n\n\n\n
The latest data<\/a> from NFT marketplace OpenSea shows that 7,471 of the Series 2 Trump NFTs - which depict him with artworks including him carrying a championship wrestling belt, wearing a firefighting suit, and as a hunter - have so far been minted with the secondary price starting at 0.06 ETH ($124).<\/p>\n\n\n\n
Per the latest filing<\/a> from the US Office of Government Ethics, Trump earned between $500k to $1 million from the original Digital Trading Card release sale.<\/p>\n","post_title":"Trump Drops Series 2 Of Digital Trading Card NFTs On Polygon","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trump-drops-series-2-of-digital-trading-card-nfts-on-polygon","to_ping":"","pinged":"","post_modified":"2023-04-20 13:53:22","post_modified_gmt":"2023-04-20 03:53:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11068","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11038,"post_author":"14","post_date":"2023-04-19 14:28:51","post_date_gmt":"2023-04-19 04:28:51","post_content":"\n
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but it is important to say that the U.S. central bank is widely seen raising rates by 25 basis points next month. The latest economic data, including retail sales, industrial production, and consumer sentiment, cemented this expectation, and according to analysts, the U.S. economy still has some vibrancy, which gives the Fed cover to continue its rate hike policy in May.<\/p>\n\n\n\n
$\"\"$ <\/figure>\n\n\n\n
At last glance, financial markets have priced in an 80% likelihood of that happening, and it is still not sure when the central bank would pause its monetary policy tightening. Because of this, economists are worried that an aggressive Federal Reserve will push the economy into a recession, and according to the famous investor Jeremy Grantham, the U.S. stock market could experience significant losses over the coming months. The federal funds rate is now in a range of 4.75% to 5%, which is the highest level since the 2006 year, and a recommendation is that investors should continue to take a defensive investment approach in the upcoming weeks.<\/p>\n\n\n\n
Corporate profits are emerging as the big driver of what the market is likely to do in the near term, and according to Refinitiv IBES data, S&P 500 company earnings are expected to have declined 4.8% in the first quarter compared with the same period last year. The second quarter could be an even worst story, and Steven Blitz, a chief U.S. economist at TS Lombard, said<\/a> that he expects negative growth in Q2, with recession to start by mid-year.<\/p>\n\n\n\n
The recent collapse of Silicon Valley Bank was partly triggered by losses on its bond holdings as interest rates jumped and prices of U.S. government debt fell. Jeremy Grantham warned that the turmoil that swept through the banking sector last month is just the beginning. Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008, and he is now warning<\/a>:<\/p>\n\n\n\n
*See Related: <\/em><\/strong>Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors<\/a><\/p>\n\n\n\n***
\"Another epic bubble in financial markets is bursting. The best we can hope for is a fall of about 27% from current levels, while the worst-case scenario would see a plunge of more than 50%.\"<\/em><\/p>\n\n\n\n
Cryptocurrencies, Bonds, Real Estate Are Collateral<\/h2>\n\n\n\n
Stocks aren't the only assets that significantly lost value when expensive money scared investors to avoid risks. The prices of government bonds and real estate were also shot down, and cryptocurrencies will not certainly be in the situation to escape a fall. The crypto market displayed a high correlation with U.S. equities. If a downtrend is witnessed in the stock market, the same is usually replicated in the crypto-sphere as well.<\/p>\n\n\n\n
To put it short, if we see turmoil in the traditional financial markets, all other markets will feel turbulence.<\/p>\n","post_title":"U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-central-bank-raising-rates-by-25-bps-in-may-repercussions-on-financial-markets","to_ping":"","pinged":"","post_modified":"2023-04-19 14:30:22","post_modified_gmt":"2023-04-19 04:30:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11038","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11031,"post_author":"12","post_date":"2023-04-18 23:53:23","post_date_gmt":"2023-04-18 13:53:23","post_content":"\n
MetaMask announced that a cybersecurity threat has hit their platform; users who submitted a customer support ticket from August 1st 2021 to February 10th 2023, have had some of their emails leaked, around 7000 to be exact.<\/p>\n\n\n\n
ConsenSys, the parent company of MetaMask, made a statement<\/a> regarding the cyberattack;<\/p>\n\n\n\n
\"A third-party service provider that provides customer support ticketing services to ConsenSys was the target of a cyber-security incident...unauthorised actors gained access to the third-party service provider\u2019s systems...users who submitted personal data to our customer support may have had that data accessed by an unauthorised third party.\"<\/em><\/p>\n\n\n\n
ConsenSys stated that the \u201cthreat is no longer on-going.\u201d<\/em><\/p>\n\n\n\n
Phishing Attacks And Security Within Crypto<\/h2>\n\n\n\n
A common threat when emails are leaked are phishing attacks. These are cyberattacks which bad players will formulate an email pretending to be a well-known organisation in the hopes that a user will give up sensitive information. <\/p>\n\n\n\n
In reference to phishing attacks, ConsenSys stated, \"we ask that you be extremely vigilant for any suspicious activity and unsolicited contacts which may be made to you by phone, text, email or instant message.\"<\/em> Apart of many companies nowadays are anti-phishing phrases, so make sure that if you're recieving messages from an exchange or other company, your phrase is there.<\/p>\n\n\n\n
MetaMask has been victim to various phishing scams this year through Namecheap<\/a>, they also warned of another fake airdrop<\/a> token launch.<\/p>\n\n\n\n
This incident highlights the importance of strong security for users and businesses alike. Ensure never to share your private keys, verify that you're not receiving phishing emails, and stay vigilant when there is any contact with someone relating to your private data.<\/p>\n","post_title":"MetaMask Hit With Cyberattack; 7000 User's Emails Threatened","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"metamask-hit-with-cyberattack-7000-users-emails-threatened","to_ping":"","pinged":"","post_modified":"2023-04-18 23:55:28","post_modified_gmt":"2023-04-18 13:55:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11031","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11002,"post_author":"13","post_date":"2023-04-18 20:38:04","post_date_gmt":"2023-04-18 10:38:04","post_content":"\n
\n
The superstar is among several celebrities accused of promoting the exchange's 'fraudulent schemes.'<\/li>\n\n\n\n
Lawyers representing the plaintiffs claim they have unsuccessfully tried to serve O'Neil severally. <\/li>\n<\/ul>\n\n\n\n
Basketball hall of famer Shaquille O'Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried, and several other influencers. <\/p>\n\n\n\n
O'Neal has reportedly eluded several attempts to be served by the lawyers representing investors who lost money following the FTX collapse, according to a Moskowitz law firm, which claimed that the superstar was \"hiding and driving away from (the) process servers for the past three months.\"<\/em><\/p>\n\n\n\n
\"Plaintiffs in the billion $FTX class action case served @SHAQ outside his house. His home video cameras recorded our service, and we made it clear that he is not to destroy or erase any of these security tapes because they must be preserved for our lawsuit,\" <\/em>Moskowitz Law Firm said<\/a>.<\/p>\n\n\n\n
Shaq Among A Host Of Celebrities Accused Of Promoting FTX\u00a0<\/h2>\n\n\n\n
The law firm also claimed that attempts to reach O'Neal on social media platforms, Twitter and Instagram, failed. Further, a visit to TNT studios, where Shaq usually appears on 'the NBA on TNT', was met with heavy security presence and threats against the process server. <\/p>\n\n\n\n
Although Shaq has yet to respond to the summons, he denied involvement immediately after FTX went under, saying \"(he) was just a paid spokesperson for a commercial.\"<\/em><\/p>\n\n\n\n
A resident of Florida, who also claims to be one of FTX's investors, Edwin Garrison, brought the suit<\/a> before the US District Court for the Southern District of Florida. The other celebrities mentioned in the case included. Stephen Curry, tennis superstar Naomi Osaka, Thomas Brady, and Kevin O'Leary are accused of defrauding investors by marketing FTX.<\/p>\n","post_title":"Legendary Basketball Player Shaquille O'Neal Served In $1B FTX Class Action Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"legendary-basketball-player-shaquille-oneal-served-in-1b-ftx-class-action-lawsuit","to_ping":"","pinged":"","post_modified":"2023-04-18 23:56:40","post_modified_gmt":"2023-04-18 13:56:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11002","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":10988,"post_author":"8","post_date":"2023-04-17 15:54:14","post_date_gmt":"2023-04-17 05:54:14","post_content":"\n
Early on April 15, major cryptocurrencies experienced mixed trading as the market cap of all cryptocurrencies grew by 0.10% to $1.27 trillion from the previous day. <\/p>\n\n\n\n
Over the past 24 hours, the overall volume of the crypto market decreased 42.17 percent, reaching $34.25 billion. DeFi's 24-hour volume was $3.69 billion, or 10.78% of the total volume of the cryptocurrency market.<\/p>\n\n\n\n
\nhttps:\/\/twitter.com\/AurelienOhayon\/status\/1647662741497298947?s=20\n<\/div><\/figure>\n\n\n\n
The price of bitcoin BTC tickers down $30,330 and increased by over 10% from April 9th to 14th, which was the most significant daily close in more than ten months.<\/p>\n\n\n\n
<\/a>Key Findings: BTC Technical Analysis<\/h2>\n\n\n\n
\n
BTC holds above $30,000 following the recent bullish move.<\/li>\n\n\n\n
The 50 EMA exceeding the 100 EMA indicates a strong uptrend.<\/li>\n\n\n\n
RSI at 69.41 signals a slightly overbought market.<\/li>\n\n\n\n
The price may pull back near the current support zone at $2850 before rejoining the bullish rally.<\/li>\n<\/ul>\n\n\n\n
<\/a>Bitcoin Technical Analysis<\/h2>\n\n\n\n
$\"Bitcoin$ <\/figure>\n\n\n\n
BTC\/USD<\/a> is firmly bullish and eyeing $33,100 as the next upside target. Source: The Distributed.<\/p>\n\n\n\n
On Saturday, Bitcoin (BTC) fell back below the $31,000 mark as cryptocurrency markets stabilized ahead of the weekend.<\/p>\n\n\n\n
BTC\/USD hit a high of $31,005 on Friday before rebounding near the $30,000 level.<\/p>\n\n\n\n
Bitcoin reached its highest point since June 7 at yesterday's top, which appears to have encouraged bulls to lock in gains.<\/p>\n\n\n\n
Furthermore, the bullish crossover between the 50 and 100 EMA still remains valid, indicating an overall uptrend. If BTC continues with the current upside rally, the price may retest the upcoming resistance at $33,100.<\/p>\n\n\n\n
However, the Relative Strength Index (RSI) hitting near the 70 levels indicates an overbought market. In case the price decides to a correction, we\u2019ll wait to see how the price reacts near the $30,000 to $28.500 zones to anticipate the next possible destination of Bitcoin price.<\/p>\n\n\n\n
Key Findings: ETH Technical Analysis<\/h2>\n\n\n\n
\n
Ethereum remains firmly bullish above $2,000.<\/li>\n\n\n\n
The price may hit the next resistance at $2300 following the current uptrend.<\/li>\n\n\n\n
MACD value remains positive and exceeds 20, indicating strong bullish momentum.<\/li>\n\n\n\n
For a bearish outlook, $1760 remains a strong support zone for ETH.<\/li>\n<\/ul>\n\n\n\n
<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
$\"Ethereum$ <\/figure>\n\n\n\n
ETH\/USD<\/a> can retest the upcoming resistance at $2,300 as the bullish rally accelerates. Source: The Distributed.<\/p>\n\n\n\n
Despite being lower than Friday's high, Ethereum (ETH) has remained above $2,100 in Saturday's session.<\/p>\n\n\n\n
ETH\/USD plummeted to an intraday low of $2,049 earlier in the day but has since rebounded to trade at $2,103. This is slightly lower than yesterday's top of $2,120 when ETH traded at its highest level since late May.<\/p>\n\n\n\n
The 21 EMA is moving above the 50 EMA, suggesting a bullish crossover. Besides, the MACD holds above 20 and keeps surging, indicating strong bullish momentum.<\/p>\n\n\n\n
The next resistance for Ethereum remains at $2,300. If ETH breaks below $2,000, the price may encounter strong support near $1,760.<\/p>\n","post_title":"Bitcoin Targets $3,300; Ethereum Is Eyeing $2,300 Following The Overall Bullish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-targets-3300-ethereum-is-eyeing-2300-following-the-overall-bullish-trend","to_ping":"","pinged":"","post_modified":"2023-04-18 23:58:17","post_modified_gmt":"2023-04-18 13:58:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10988","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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